Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
SEBI proposes to exempt research analysts from mandatory call recordings with institutional clients, effective November 2026, while retaining other recordkeeping duties.
The RBI conducted a 10-day Variable Rate Reverse Repo (VRRR) auction on October 9, 2026, and announced a second 3-day VRRR auction the same day, both under the Liquidity Adjustment Facility. The 10-day auction accepted ₹18,170 crore at a cut-off rate of 5.49%.
RBI deletes Paragraph 38 on option premium deferment from commercial banks’ foreign exchange guidelines, effective 1 April 2027.
RBI’s Treasury Bill auction on October 8, 2026, saw robust participation across tenors. 91-day, 182-day, and 364-day T-bills were fully subscribed, with competitive bids exceeding notified amounts.
RBI conducted a 29-day VRRR auction on October 8, 2026, with a notified amount of ₹2 lakh crore. Total bids received amounted to ₹79,655 crore, all accepted at a uniform cut-off rate of 5.49%, indicating insufficient demand.
The Reserve Bank of India conducted a 1-day Variable Rate Reverse Repo (VRRR) auction for ₹2 lakh crore on October 8, 2026, from 11:00 AM to 11:30 AM under the Liquidity Adjustment Facility. The auction was fully accepted, with reversal scheduled for October 9, 2026.
The Government of India will reissue ₹36,000 crore worth of dated securities, including a 7.06% GS 2041 tranche, via auction on October 9, 2026.
On October 6, 2026, the RBI conducted a Variable Rate Reverse Repo (VRRR) auction under the LAF, accepting ₹1,92,357 crore out of a notified ₹2,50,000 crore at a uniform cut-off rate of 5.24%.
RBI released the indicative market borrowing calendar for State Governments and UTs for October–December 2026 under the Benchmark Issuance Strategy (BIS) pilot.
State governments including Andhra Pradesh will auction ₹25,100 crore of securities via re-issuance and price-based auctions, managed by RBI.
The semi-annual interest rate on the Government of India Floating Rate Bond 2028 (FRB 2028) has been fixed at 6.45% p.a. for the period October 4, 2026, to April 3, 2027.
RBI will conduct a Variable Rate Reverse Repo (VRRR) auction of ₹2 lakh crore on October 5, 2026, to manage liquidity. The 1-day auction will be held from 9:30 AM to 10:00 AM with reversal on October 6.