MUMBAI, India, Oct. 10 -- Reserve Bank of India issued the following press release: The Reserve Bank has constantly endeavoured to optimise its regulatory framework with a focus inter alia on reducing the regulatory burden and compliance costs, apart from timely re-evaluation of the currency of existing instructions. Pursuant to the above, the Reserve Bank has undertaken a comprehensive exercise of consolidating the regulatory instructions currently administered by the Department of Regulatio...
MUMBAI, India, Oct. 10 -- Reserve Bank of India issued the following press release: Tenor 3-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 37,929 Amount allotted (in ₹ crore) 37,929 Cut off Rate (%) 5.51 Weighted Average Rate (%) 5.51 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1288 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Oct. 10 -- Reserve Bank of India issued the following press release: In the underwriting auction conducted on October 10, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitiv...
MUMBAI, India, Oct. 10 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Friday, October 10, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 10:15 AM to 10:45 AM October 13, 2025 (Monday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021...
MUMBAI, India, Oct. 10 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ -- > Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,49,823.97 5.54 4.50-6.50 I. Call Money 20,823.46 5.51 4.75-6.00 II. Triparty Repo 3,96,728.25 5.55 5.33-6.05 III. Market Repo 2,28,270.71 5.51 4.50-6.00 IV. Repo in Corporate Bond 4,001.55 5.63 5.50-6.50 B. Term Segment I. Notice Money** 155.50 5.39...
JABALPUR, India, Oct. 9 -- Madhya Pradesh High Court issued the following judgment/order on Sept. 10: The grievance raised by the petitioner is that construction of road over bridge has been commenced without following the provisions of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Learned counsel for petitioners submits that though notices have been given to 212 land owners, however, as per petitioners, more are likely to be e...
JABALPUR, India, Oct. 9 -- Madhya Pradesh High Court issued the following judgment/order on Sept. 10: Learned senior counsel for the appellant submits that appellant has been non suited on two grounds, firstly on the ground of concealment and secondly on the ground that the appellant was only given charge of the post of Chief Medical & Health Officer till the time of regular incumbent is appointed and since respondent no. 5 has been regularly appointed, the charge was taken away. Learned senio...
JABALPUR, India, Oct. 9 -- Madhya Pradesh High Court issued the following judgment/order on Sept. 10: Learned counsel for the appellants submits that learned Writ Court has erred in rejecting the objection on territorial jurisdiction based on erroneous notice of facts. He seeks leave to withdraw the appeal with liberty to file a review petition. In view of the above, petition is dismissed as withdrawn with the liberty prayed for. Disclaimer: Curated by HT Syndication....
JABALPUR, India, Oct. 9 -- Madhya Pradesh High Court issued the following judgment/order on Sept. 9: 1. The subject petition impugns an order 01.02.2024 and 07.04.2024, whereby the respondent No.2, the appellate committee of State Bar Council had passed certain orders against the petitioner, who claim to be the elected president of Bar Association, Dabra. 2. The election in issue was for the term 17.06.2023 till 17.06.2025. By an interim order dated 06.05.2024, the petitioner was permitted to...
RANCHI, India, Oct. 9 -- Jharkhand High Court issued the following order on Sept. 9: 1. The instant writ petition has been filed for the grant of following substantial reliefs:- a. For Issuance of an appropriate writ, order or direction in the nature of certiorari quashing the impugned decision of the Respondent dated April 24, 2025 rejecting the Petitioner's bid in Notice Inviting Tender, bearing Tender No. "Hiring of HEMM for removal of 413.59 MCuM of OB (376.360MCuM Hard OB, 36.318 MCuM of...