Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has announced the results for the recent buyback auction of government securities, with ₹20,000 crore notified and a total amount accepted of ₹12,604 crore.
The Reserve Bank of India has released the latest updates on money market operations as of July 29, 2026, including overnight variable rate repo auctions and treasury bill results affecting liquidity.
The Karnataka High Court has declined to quash a Recovery of Debts and Bankruptcy Act (RDBA) demand notice issued alongside income tax provisions, advising the appellants to seek One Time Settlement (OTS) with the bank. The court found that the notice was properly issued per the process set out by the Debt Recovery Tribunal.
The Reserve Bank of India published the results for the recent buyback auction of dated securities, accepting a total amount of ₹12,604.078 crore from participants out of a notified amount of ₹20,000 crore.
The RBI released the results for the State Government Securities auction conducted on July 28, 2026, showcasing a total notified amount of ₹4,600 crore. Various states, including Andhra Pradesh and Gujarat, participated with different tenor securities.
The RBI has issued Second Amendment Directions for Small Finance Banks, updating protocols on income recognition and asset classification.
With the publication of the Second Amendment Directions, the RBI reinforces guidelines regarding income recognition and asset classification for Urban Cooperative Banks.
The Reserve Bank of India has issued a Second Amendment Directions for Regional Rural Banks concerning income recognition, asset classification, and provisioning, reinforcing regulatory compliance.
The RBI has declared Coöperatieve Rabobank U.A. has ceased to be a banking company under the Banking Regulation Act, impacting its operational capacity in India. This shift requires legal scrutiny and compliance adjustments.
Coöperatieve Rabobank U.A. has been excluded from the Second Schedule of the Reserve Bank of India Act, 1934, marking significant changes in its regulatory status. This change necessitates attention from legal practitioners in the banking sector.
A monetary penalty of ₹7 lakh has been levied on Sangli District Central Co-operative Bank Ltd. by the RBI for violations of the Banking Regulation Act. This highlights ongoing regulatory enforcement to ensure compliance within the banking sector.
The RBI has imposed a monetary penalty of ₹10.10 lakh on Raigad District Central Co-operative Bank Ltd. for contravening provisions of the Banking Regulation Act. This penalty reflects strict regulatory oversight in the banking sector, emphasizing compliance with RBI directives.