Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
India’s current account deficit widened to $5.2 billion in August 2026 from $6.1 billion in August 2025. The April–August 2026 deficit stood at $18.3 billion, reflecting increased trade and services imbalance.
Several state governments, including Andhra Pradesh and Tamil Nadu, will auction a total of ₹24,400 crore in securities through re-issuance of existing stocks. Auctions will be price-based.
Amendments to Commercial Banks (Miscellaneous) Directions clarify deferment of option premiums and align with forthcoming regulatory instructions.
On October 16, 2026, several state governments, including Andhra Pradesh and others, announced auctions to raise ₹24,400 crore through the re-issue of State Government Securities (SGS), with price-based and yield-based bidding methods.
The RBI notified the redemption price for premature redemption of Sovereign Gold Bond (SGB) 2019–20 Series V on October 15, 2026, as permitted under government rules after the fifth year. The price is based on the simple average of domestic gold prices over a specified period.
On October 15, 2026, the RBI conducted a 1-day Variable Rate Reverse Repo (VRRR) auction with a notified amount of ₹50,000 crore. The total accepted amount was ₹9,562 crore at a uniform cut-off and weighted average rate of 5.49%, indicating selective liquidity absorption.
RBI mandates exporters to file Electronic Declaration Forms (EDF) with designated banks from October 1, 2026, digitizing export documentation and enhancing data tracking.
The Government of India announces a switch of ₹20,000 crore in government securities on October 19, 2026, involving conversion of 8.26% GS 2027 into longer-term bonds.
The RBI auctioned 91-day, 182-day, and 364-day Treasury Bills, raising ₹23,000 crore. Cut-off yields ranged from 5.7281% to 6.4891%, reflecting stable investor appetite.
The Reserve Bank of India conducted an overnight Variable Rate Reverse Repo (VRRR) auction on October 15, 2026, accepting ₹9,562 crore out of a notified ₹50,000 crore. The cut-off and weighted average rate stood at 5.49%.
On October 13, 2026, the RBI conducted an Open Market Operation (OMO) sale auction, successfully raising ₹25,000 crore by selling government securities across maturities from 2030 to 2034, with cut-off yields ranging from 7.1428% to 7.3755%.
On October 14, 2026, the Reserve Bank of India conducted an overnight Variable Rate Reverse Repo (VRRR) auction, accepting ₹25,533 crore out of a notified amount of ₹50,000 crore at a uniform cut-off rate of 5.49%.