Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has extended the directives issued to Nasik Jilha Mahila Vikas Sahakari Bank Ltd. under Section 35A and Section 56 of the Banking Regulation Act, 1949. The new deadline for compliance is June 9, 2026.
The RBI has announced the redemption price for the final redemption of the Sovereign Gold Bond (SGB) 2018-19 Series-I scheduled for May 4, 2026. The price is based on market fluctuations, mandating careful consideration by investors.
The RBI confirmed the ongoing withdrawal of ₹2000 notes as of June 2026, with exchanges available until October 2023. Legal implications for currency management are highlighted as fluctuations in withdrawal timelines are observed.
As of May 31, 2026, the RBI reported a total of 2,473 applications pending from the previous month, underscoring the demand for services under its Citizen’s Charter.
The Reserve Bank of India has released an update on the money market operations, detailing amounts and rates effective as of May 29, 2026. This information is pivotal for financial institutions managing liquidity.
The RBI announces an auction for Government of India Treasury Bills, detailing amounts and auction dates for May 2026.
The RBI has officially announced the withdrawal of ₹2000 notes from circulation, with deposit facilities available until October 7, 2023.
The NCLAT confirmed that the remuneration for Interim Resolution Professionals (IRP) should be based on actual work, rather than just the duration of appointment. This reinforces the importance of performance-based remuneration in insolvency proceedings.
The Reserve Bank of India announces the auction of Government Treasury Bills, with details on amounts and auction dates.
The Reserve Bank of India has published data on lending and deposit rates for April 2026, noting slight trends in commercial bank rates.
The Reserve Bank of India has published its weekly statistical bulletin detailing liabilities and assets for scheduled commercial banks, reflecting significant financial trends.
The Reserve Bank of India has provided an update on the withdrawal of ₹2000 notes, effective until October 7, 2023. All bank branches will facilitate the deposit and exchange of these notes during this period.