A 22-year-old man has been charged following a stabbing in Raywood, north of Bendigo.

The Raywood man has been charged with intentionally causing serious injury, recklessly causing serious injury, and criminal damage by fire.

He has been remanded to appear at the Bendigo Magistrates' Court on Monday.

3.45pm

THE MAN who was airlifted to hospital following a stabbing in Raywood is in a stable condition.

An Ambulance Victoria spokesperson said the man, believed to be in his 50s, sustained upper body injuries.

He was taken to the Royal Melbourne Hospital in a stable condition.

11.15am

A MAN is in custody after a stabbing in Raywood, north of Bendigo.

Investigators were called to the incident on Reillys Road about 9.50am on Saturday.

A Victoria Police spokesperson said a man was in custody and assisting police with their enquiries.

Read other news: Man jailed for armed robbery of KFC Eaglehawk

A second man was being airlifted to hospital with serious injuries.

Both men were known to each other.

The exact circumstances of the incident were yet to be determined.

The investigation remains ongoing.

11am

CFA crews have contained the shed fire on Reillys Road in Raywood.

Fire crews will remain on scene for the next hour.

Earlier

EMERGENCY services are responding to a reported stabbing north of Bendigo.

Paramedics were called to the address on Reillys Road in Raywood about 9.50am on Saturday.

An Ambulance Victoria spokesperson said paramedics were treating a man, believed to be in his 50s, for serious injuries.

Read other news: Police appeal for help to find missing teen last seen in Bendigo

An air ambulance has been dispatched to the scene.

The Country Fire Authority is also trying to contain a shed fire at the same address.

Police are also in attendance.

More to come.

Have you signed up to the Bendigo Advertiser's daily newsletter and breaking news emails? You can register below and make sure you are up to date with everything that's happening in central Victoria.