Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has scheduled an auction for Government Treasury Bills with various maturities. This includes 91-Day, 182-Day, and 364-Day Treasury Bills, with significant amounts set for auction.
The Reserve Bank of India announces an auction for State Government Securities amounting to ₹24,800 Crore. This includes various securities offered by multiple state governments.
The Calcutta High Court has ordered the completion of liquidation processes for 32 banking companies within six months, with regular reporting to the RBI.
The RBI has removed Coӧperatieve Rabobank U.A. from the Second Schedule of the RBI Act, effective immediately. This follows the cessation of its banking activities.
New guidelines from the RBI target Payments Banks emphasizing responsible business conduct and customer protection in electronic transactions, reshaping the risk landscape in financial services.
The RBI has issued directives for Local Area Banks to enhance customer protection and responsible banking conduct, addressing unauthorized electronic banking transactions.
New RBI guidelines for Regional Rural Banks sharpen focus on customer protection in electronic banking, crucial for ensuring trust and security in the banking landscape.
The RBI has released comprehensive directives for Urban Co-operative Banks, focusing on customer protection in electronic transactions to uphold responsible banking practices.
The RBI has consolidated instructions for Rural Co-operative Banks regarding customer protection in electronic transactions, underscoring responsible business practices in the banking sector.
The Reserve Bank of India has disclosed the results of a recent government stock auction, revealing competitive bids and corresponding yields. This information is crucial for investors and financial institutions engaged in government securities.
Multiple State Governments are set to auction securities worth ₹24,800 Crore in total, with Andhra Pradesh leading the auction. The auction will feature various tenors and types, underscoring significant borrowing activities by the states.
The Calcutta High Court has mandated the completion of liquidation processes for 32 banking companies within six months, establishing a reporting structure to the RBI.