Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
On November 4, 2026, the RBI conducted an Overnight Variable Rate Reverse Repo (VRRR) auction, accepting ₹50,015 crore at a cut-off rate of 5.49%. The auction saw strong demand with total bids amounting to ₹73,907 crore, indicating tight liquidity conditions.
The Reserve Bank of India has constituted a Technical Consultative Committee for Financial Markets (TCCFM) to enhance coordination among financial regulators and address structural issues in financial markets. The committee will review market practices, regulatory gaps, and recommend policy improvements.
SAFEMA Tribunal rules ED’s PMLA attachment prevails over mortgage by Indian bank, affirming primacy of proceeds of crime recovery.
Delhi High Court rules that violation of reinvestment rules under NRNR Accounts attracts penalty under FEMA, but not automatic confiscation of assets.
Several State Governments, including Andhra Pradesh, Gujarat, and Tamil Nadu, will conduct auctions via RBI for a total of ₹29,900 crore in state development loans. The auctions aim to support state-level fiscal requirements.
The Government of India (GoI), through the RBI, has announced the re-issue of two dated securities for a total notified amount of ₹36,000 crore. The auction is scheduled for November 4, 2026, with settlement on November 5, 2026.
The RBI has amended derivative exposure limits for commercial and small finance banks under Section 35A of the Banking Regulation Act, 1949, to strengthen risk management.
Non-food bank credit grew 19.1% year-on-year as of September 30, 2026, up sharply from 11.2% in the previous year, indicating strong credit demand.
RBI auctioned ₹33,000 crore in government securities. Yields ranged from 7.12% to 7.85%, with full subscription across tranches.
Year-on-year growth in non-food bank credit accelerated to 19.1% as of September 30, 2026, up from 11.2% in the same period of 2025.
RBI hosted the 36th Conference of State Finance Secretaries on October 27, 2026, focusing on fiscal sustainability through quality expenditure, cash management, and prudent debt practices. Attendees included 27 states and 3 UTs.
Government of India re-issued four dated securities on October 26, 2026, for a total of ₹33,000 crore, including securities maturing in 2029, 2035, and 2040. Auctions were conducted via yield-based bidding through RBI’s electronic platform.