PATNA HIGH COURT ISSUES ORDER ON MANJAY SAHNI AND ORS. V/S THE STATE OF BIHAR AND ANR.

PATNA, India, April 23 -- Patna High Court issued the following order on March 23: 1. No one is present on behalf of the petitioners, however, learned A.P.P. for the State is present. 2. On the previous dates also no one was present on behalf of the petitioners and the case was adjourned. 3. Since the petitioners have no interest to pursue this matter which is of the year 2018, accordingly, the present Cr. Misc. Application stands dismissed for default due to nonprosecution. Disclaimer: Cu...


PATNA HIGH COURT ISSUES ORDER ON SAURABH KUMAR V/S THE STATE OF BIHAR AND ANR.

PATNA, India, April 23 -- Patna High Court issued the following order on March 23: 1. No one is present on behalf of the petitioner, however, learned A.P.P. for the State is present. 2. On the previous dates also no one was present on behalf of the petitioner and the case was adjourned. 3. Since the petitioner has no interest to pursue this matter which is of the year 2018, accordingly, the present Cr. Misc. Application stands dismissed for default due to nonprosecution. Disclaimer: Curate...


PATNA HIGH COURT ISSUES ORDER ON RAMESH PRASAD V/S THE STATE OF BIHAR

PATNA, India, April 23 -- Patna High Court issued the following order on March 23: 1. Heard learned counsel for the parties. 2. Petitioner apprehends arrest in a case registered for the offence punishable under sections 309(6) of Bharatiya Nyaya Sanhita, 2023. 3. As per prosecution case, four unknown miscreants forcibly administered sedative to the brother of informant and looted the truck and left him on the roadside in an unconscious state. 4. It is submitted on behalf of the petitioner...


PATNA HIGH COURT ISSUES ORDER ON MALTI DEVI V/S THE STATE OF BIHAR

PATNA, India, April 23 -- Patna High Court issued the following order on March 23: 1. It appears from the office notes that post-mortem report of deceased (Priyanka Kumari) has not been received as yet. 2. Let, a reminder be issued to the court of learned A.C.J.M-I, Sherghati, Gaya for sending the same of Bahera P.S. Case No. 50 of 2024. 3. List this matter on 04.05.2026 or after receipt of the same whichever is earlier under appropriate heading. Disclaimer: Curated by HT Syndication....


RBI IMPOSES MONETARY PENALTY ON DR. BABASAHEB AMBEDKAR NAGARI SAHAKARI BANK LTD., AURANGABAD

MUMBAI, India, April 23 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated April 17, 2026, imposed a monetary penalty of ₹80,000/- (Rupees Eighty Thousand only) on Dr. Babasaheb Ambedkar Nagari Sahakari Bank Ltd., Aurangabad (the bank), for non-compliance with certain directions issued by RBI on 'Exposure Norms & Statutory/ Other Restrictions - UCBs' and operational instructions issued under 'Supervisory Action Framework (SA...


RBI APPROVES THE VOLUNTARY AMALGAMATION OF THE MEKHAR URBAN CO-OP BANK LTD., MEKHAR WITH NAGPUR NAGARIK SAHAKARI BANK LTD., NAGPUR

MUMBAI, India, April 23 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, in exercise of the powers conferred under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949, has sanctioned the Scheme of Amalgamation of The Mekhar Urban Co-op Bank Ltd., Mekhar with Nagpur Nagarik Sahakari Bank Ltd., Nagpur. The Scheme will come into effect from April 24, 2026 (Friday). All the branches of The Mekhar Urban Co-op Bank Ltd will fu...


RBI IMPOSES MONETARY PENALTY ON EBIX PAYMENT SERVICES PRIVATE LIMITED

MUMBAI, India, April 23 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated April 17, 2026, imposed a monetary penalty of ₹80,000/- (Rupees Eighty Thousand only) on Ebix Payment Services Private Limited (the company), for non-compliance with certain directions issued by RBI on 'Know Your Customer'. This penalty has been imposed in exercise of powers conferred on RBI under Section 30(1) read with Section 26(6) of the Payment a...


RBI IMPOSES MONETARY PENALTY ON HARDOI JILLA SAHKARI BANK LTD., UTTAR PRADESH

MUMBAI, India, April 23 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated April 21, 2026, imposed a monetary penalty of ₹1 lakh (Rupees One lakh only) on Hardoi Jilla Sahkari Bank Ltd., Uttar Pradesh (the bank) for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Section...


RBI BULLETIN - APRIL 2026

MUMBAI, India, April 23 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the April 2026 issue of its monthly Bulletin. The Bulletin includes bi-monthly monetary policy statement (April 8, 2026), two speeches, one article and current statistics. In current statistics, Table 19 on Consumer Price Index is revised in line with the new CPI (base 2024=100) and now includes data on a measure of core inflation (i.e. CPI excluding food and fuel). The article...


UNDERWRITING AUCTION FOR SALE OF GOVERNMENT SECURITIES FOR ₹32,000 CRORE ON APRIL 24, 2026

MUMBAI, India, April 23 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auction to be held on April 24, 2026 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primar...