Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India conducted a 4-day Variable Rate Reverse Repo (VRRR) auction on October 1, 2026, with a notified amount of ₹2,00,000 crore. The auction was fully subscribed, with ₹1,68,055 crore accepted at a uniform cut-off rate of 5.24%.
Second Amendment Directions issued for Payments Banks to standardise investment valuation. Ensures consistent and transparent portfolio management.
The RBI has modified its 2022 ATM cassette swap guidelines, allowing bank boards to delegate monitoring responsibility. Ensures smoother implementation while maintaining security oversight.
The Reserve Bank of India (RBI) has withdrawn outdated circulars on currency management as part of its regulatory rationalisation initiative. Banks must comply with the updated framework effective October 1, 2026.
RBI conducted yield-based auctions of state government securities on September 29, 2026, raising ₹3,400 crore. Assam and Bihar re-issued securities with yields between 7.87% and 7.97%.
The Government of India reissued four dated securities on September 29, 2026, aggregating ₹33,000 crore, to meet fiscal funding requirements through market borrowings.
SEBI has issued a consolidated Master Circular for Debenture Trustees effective September 28, 2026, replacing the earlier circular dated August 13, 2025. The move aims to streamline regulatory compliance and enhance investor protection.
The RBI’s September 2026 Bulletin features articles on the state of the economy, credit-deposit divergence, and private corporate investment, offering insights into macroeconomic trends and policy directions.
The RBI has set the Ways and Means Advances (WMA) limit for the Government of India at ₹50,000 crore for the second half of FY27. A market loan floatation may be triggered upon 75% utilization.
The RBI has released the auction calendar for 91-day, 182-day, and 364-day Treasury Bills for October–December 2026. Upcoming auctions include ₹9,000 crore of 91-day and ₹8,000 crore of 182-day T-bills on September 30, 2026.
FEMA clarifies that renounced rights issues to NRIs on non-repatriation basis may not require valuation reports solely due to NRI status.
RBI notifies a GOI-backed ₹4,850 crore Line of Credit via Exim Bank to fund developmental projects in the Maldives, enhancing regional economic cooperation.