Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI successfully auctioned state government securities for Andhra Pradesh and Delhi on October 6, 2026, raising ₹3,000 crore total. The auction included re-issues of securities maturing in 2035, 2042, 2033, and 2041.
Non-Banking Financial Companies (NBFCs) reported a 15.8% year-on-year credit growth in August 2026, up from 10.0% the previous year. The surge reflects robust demand in housing, consumer, and MSME segments.
The RBI conducted an Overnight Variable Rate Reverse Repo (VRRR) auction for ₹3,00,000 crore on October 7, 2026, to absorb excess liquidity. The move follows a review of evolving liquidity conditions in the financial system.
RBI amends ATM cassette swap guidelines, permitting banks to delegate monitoring to Board-nominated committees.
RBI rationalises currency management framework by withdrawing outdated circulars and consolidating instructions into current Master Directions.
The Government of India will reissue ₹36,000 crore worth of dated securities, including a 7.06% GS 2041 tranche, via auction on October 9, 2026.
On October 6, 2026, the RBI conducted a Variable Rate Reverse Repo (VRRR) auction under the LAF, accepting ₹1,92,357 crore out of a notified ₹2,50,000 crore at a uniform cut-off rate of 5.24%.
RBI modifies 2022 circular on ATM cassette swaps, allowing banks to delegate monitoring to Board-appointed committees. The change offers operational flexibility while retaining accountability.
Effective October 1, 2026, the RBI removes monetary limits for remittances reported via online Form A2, allowing seamless digital reporting for all transaction sizes. AD Category I banks and AD-Category II entities must update internal systems accordingly.
RBI amends ATM operations guidelines, permitting banks to delegate monitoring of cassette swaps to an Executive Committee, enhancing internal oversight flexibility.
The RBI has withdrawn 268 outdated currency management circulars, consolidating current policy into Master Directions to improve regulatory clarity and reduce compliance burden.
RBI modifies its ATM cassette swap directive, permitting boards of banks to delegate monitoring responsibilities to internal oversight committees. The change enhances operational flexibility while maintaining security standards.