Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has released the indicative calendar for state government borrowings for October–December 2026 under the Benchmark Issuance Strategy (BIS). Eighteen states and one UT will participate.
The RBI has announced auctions of 91-day, 182-day, and 364-day Treasury Bills totaling ₹29,000 crore. The auction is scheduled for October 7, 2026, with settlement on October 8.
Several state governments, including Andhra Pradesh and Gujarat, will conduct auctions of state government securities (SGS) for a total of ₹25,100 crore. The auctions will include re-issues of existing stock.
RBI consolidates bank lending guidelines for Scheduled Castes and Scheduled Tribes, covering planning, monitoring, and reporting obligations.
Calcutta High Court refuses writ direction to compel bank to reconsider rejected one-time settlement, affirming bank's commercial autonomy.
RBI allows Boards to delegate oversight of ATM cassette swap implementation to qualified committees, easing operational compliance.
RBI consolidates and withdraws outdated circulars on currency management, rationalising the regulatory framework for banks.
The semi-annual interest rate on the Government of India Floating Rate Bond 2028 (FRB 2028) has been fixed at 6.45% p.a. for the period October 4, 2026, to April 3, 2027.
RBI will auction 91-day, 182-day, and 364-day Treasury Bills on October 7, 2026, with ₹8,000 crore each for 91-day and 182-day bills. The settlement date is October 8, 2026.
RBI will conduct a Variable Rate Reverse Repo (VRRR) auction of ₹2 lakh crore on October 5, 2026, to manage liquidity. The 1-day auction will be held from 9:30 AM to 10:00 AM with reversal on October 6.
The RBI conducted an Additional Competitive Underwriting (ACU) auction on October 1, 2026, setting cut-off rates for underwriting commissions on government securities. Details on specific rates and allocations were withheld in the release.
The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks stood at 8.61% in August 2026, up slightly from 8.52% the previous month. The WALR on outstanding loans declined marginally to 8.96%.