Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has imposed penalties totaling ₹5 lakh on The Shimoga District Co-operative Central Bank and The Chittoor District Co-operative Central Bank for contraventions of the Banking Regulation Act.
The RBI has imposed a ₹5 lakh penalty on Hutatma Sahakari Bank Ltd., Maharashtra for non-compliance with its directives regarding loans to directors and related parties. This action highlights the RBI's enforcement of compliance in banking operations.
The RBI has announced the conduct of a Variable Rate Repo auction under the LAF on June 22, 2026, to address liquidity needs.
The RBI conducted a Variable Rate Repo auction, allotting ₹36,300 crore at a cut-off rate of 5.26%. This reflects current liquidity conditions.
The RBI has published the minutes of the Monetary Policy Committee meeting held from June 3 to 5, 2026.
Pahal Financial Services Private Limited faces a penalty of ₹3.10 lakh for KYC compliance failures.
A monetary penalty of ₹2.70 lakh is imposed on Can Fin Homes Limited for Fair Practices Code violations.
Five Star Business Finance Limited faces a ₹6.20 lakh penalty for KYC and Fair Practice Code violations.
The RBI is set to conduct a Variable Rate Repo auction for ₹1,25,000 Crore on June 22, 2026, impacting liquidity in the market.
The Reserve Bank of India has updated the guidelines for the Lead Bank Scheme, reinforcing its operational framework aimed at facilitating credit access.
The RBI has released minutes from the Monetary Policy Committee meeting held from June 3 to 5, 2026.
The RBI has published its Weekly Statistical Supplement Bulletin, detailing liabilities and assets as of June 12, 2026.