Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has issued a ₹1 lakh penalty on Modern Co-operative Bank for violations related to exposure norms and KYC regulations.
The RBI has imposed a penalty on Nabapalli Cooperative Bank for failing to comply with KYC regulations.
The RBI Governor met with export organization leaders to discuss industry challenges affecting exports in India.
The RBI plans to hold a Variable Rate Repo auction, amounting to ₹75,000 Crore, to manage liquidity on June 29, 2026.
Various State Governments have announced an auction to raise ₹13,600 Crore through state securities. Andhra Pradesh leads with a ₹1,000 Crore offering for 13 years.
The Reserve Bank of India has released the reserve money data for the fortnight ending June 15, 2026, providing insights into monetary conditions during this period.
The Reserve Bank of India conducted an underwriting auction for government securities, determining the cut-off rates for underwriting commission payable to primary dealers. This step is aimed at enhancing competitiveness in the underwriting process.
The Reserve Bank of India announced the results of its 4-day Variable Rate Repo auction, which had a total notified amount of ₹50,000 crore. The auction received bids totaling ₹16,800 crore, all of which were allotted at a cut-off rate and weighted average rate of 5.26%.
The RBI has implemented third amendment directions on Cash Reserve Ratio and Statutory Liquidity Ratio for Regional Rural Banks addressing new provisions for deposit management.
The RBI has released the Third Amendment Directions for Small Finance Banks concerning credit facilities, targeting improvements aligned with new operational guidelines under UPI.
The RBI has introduced the Fourth Amendment Directions for Commercial Banks related to credit facilities. These amendments are in response to new operational guidelines for pre-sanctioned credit lines through UPI.
The RBI has issued a circular to Authorised Dealer Category-I banks regarding open positions in line with previous directives. Banks must adhere to the provisions of the existing Master Directions on Risk Management and Inter-Bank Dealings.