Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has notified the assignment of Lead Bank Responsibility following the formation of five new districts in Ladakh. This announcement is crucial for ensuring efficient banking operations and development in these newly established regions.
The RBI has confirmed the redemption price for the premature redemption of Sovereign Gold Bonds from the 2019-20 and 2020-21 series, effective August 11, 2026. Eligibility conditions apply under the scheme.
The Reserve Bank of India's 3-day Variable Rate Reverse Repo auction on August 11 attracted ₹42,560 crore in offers, with a cutoff rate of 5.24%. The total accepted amount matched the received bids.
The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on August 11, 2026, with a notified amount of ₹1,25,000 crore and a tenor of 3 days. The auction aims to manage current liquidity conditions in the financial market.
Namdev Finvest Limited has been penalized ₹2.70 lakh by the RBI for failing to comply with KYC guidelines.
The Reserve Bank of India has opened for auction three series of Government of India Treasury Bills, including 91-day, 182-day, and 364-day T-Bills, starting August 12, 2026.
The Reserve Bank of India has launched the FCNR(B) Swap Scheme 2026, allowing NRIs to benefit from higher returns on 3-5 year deposits through a concessional forex swap. This initiative is critical for enhancing foreign investments and currency stability.
The RBI reports a 14.4% year-on-year growth in credit deployment by non-banking financial companies (NBFCs) for June 2026, highlighting the strong credit demand in various sectors.
The Reserve Bank of India has released reserve money data for the fortnight ending July 31, 2026. This data is crucial for assessing the overall liquidity in the banking system.
The Reserve Bank of India has imposed a monetary penalty of ₹40,000 on Kedarnath Urban Co-operative Bank for non-compliance with KYC norms. This highlights the regulatory focus on adherence to customer identification protocols.
The Reserve Bank of India released data on External Commercial Borrowings and related instruments for June 2026. This includes information on ECBs, FCCBs, and RDBs.
The RBI has published new directions for concurrent audit practices within commercial banks, aiming to strengthen oversight and compliance within the banking sector.