Money Market Operations Summary as of June 28, 2026
A summary is available regarding money market operations conducted on June 28, 2026, detailing amounts and rates.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
A summary is available regarding money market operations conducted on June 28, 2026, detailing amounts and rates.
The buyback auction of Government securities saw ₹7,388.194 crore accepted against ₹30,000 crore notified.
The Citizens Urban Cooperative Bank has received a ₹5 lakh penalty from the RBI for non-compliance with exposure norms.
The RBI has penalized The Chikmagalur District Co-operative Central Bank ₹1 lakh for violations under the Banking Regulation Act.
The RBI has imposed a penalty of ₹1.50 lakh on Sri Bharathi Co-operative Urban Bank for non-compliance on loan provisions.
The RBI announced a Variable Rate Repo auction on June 30, 2026, with a total amount notified at ₹75,000 crore.
The post presents a structured approach for patent searches, focusing on narrowing down large results to actionable insights efficiently. This method aids practitioners under tight deadlines.

The CESTAT ruled that astronomy coaching is a science-based activity, not eligible for service tax exemption intended for recreational arts or culture. This determination delineates the scope of the exemption in service tax law.
ICSI has requested the government to modify legislation allowing Company Secretaries to represent parties before DRTs, citing their expertise in insolvency matters.
The Kerala High Court found that the NCLT's imposition of a ₹1 lakh daily fine for non-compliance can be contested, allowing the petitioner to appeal this part of the NCLT order.

Justice Mahabir Singh Sindhu of the Punjab and Haryana High Court has passed away at the age of 59. He had been a judge since 2017 and was scheduled to retire in 2029.
Phonographic Performance Limited (PPL) has been registered as a copyright society for sound recordings, a significant development aimed at enhancing copyright management in India. This registration facilitates better governance of sound recordings in compliance with the Copyright Act.