MUMBAI, India, April 22 -- Reserve Bank of India issued the following press release: As a part of its continued efforts to develop a conducive framework for long term growth of Prepaid Payment Instruments (PPIs) with enhanced security of transactions, a comprehensive review of guidelines on PPIs has been undertaken by the Reserve Bank. Accordingly, RBI today released the draft Master Direction on Prepaid Payment Instruments. The comments / feedback on the draft Direction may be submitted by th...
MUMBAI, India, April 22 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the data1 relating to financial performance of non-government non-financial (NGNF) foreign direct investment (FDI) companies in India during 2024-25 (https://data.rbi.org.in/#/dbie/reports/Statistics/Corporate%20Sector/Finances%20of%20FDI%20Companies) based on audited annual accounts of 3,100 companies, which reported in the Indian Accounting Standards (Ind-AS) format for three ...
MUMBAI, India, April 22 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Reserve Money for the week ended April 15, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/122 Disclaimer: Curated by HT Syndication....
MUMBAI, India, April 22 -- Reserve Bank of India issued the following press release: [Under Section 45ZL of the Reserve Bank of India Act, 1934] The sixtieth meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during April 6 to 8, 2026. 2. The meeting was chaired by Shri Sanjay Malhotra, Governor and was attended by all the members - Dr. Nagesh Kumar, Director and Chief Executive, Institute for Studies in Industrial ...
MUMBAI, India, April 22 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 12,000 6,000 6,000 II. Competitive Bids Received (i) Number 137 113 88 (ii) Amount 33,670.200 26,290.200 12,150.200 III. Cut-off price / Yield 98.7165 97.3449 94.7116 (YTM: 5.2150%) (YTM: 5.4700%) (YTM: 5.5990%) IV. Competitive Bids Accepted (i) Number 62 29 54 (ii) Amount 11,400.000 5,700.000 5,700.000 V. Partial Allotmen...
MUMBAI, India, April 22 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Suri Friends' Union Co-operative Bank Ltd., Suri, West Bengal vide Directive No. CO.DOS.SED.No.S2574/12-07-005/2022-23 dated July 21, 2022 for a period of six months up to close of business on January 22, 2023 as modified from time to time, which were last extended up to close of busines...
MUMBAI, India, April 22 -- Reserve Bank of India issued the following press release: T-Bill 91-Day 182-Day 364-Day I. Total Face Value Notified ₹12,000 Crore ₹6,000 Crore ₹6,000 Crore II. Cut-off Price and Implicit Yield at Cut-Off Price 98.7165 (YTM: 5.2150%) 97.3449 (YTM: 5.4700%) 94.7116 (YTM: 5.5990%) III. Total Face Value Accepted ₹12,000 Crore ₹6,000 Crore ₹6,000 Crore Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/...
MUMBAI, India, April 22 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ -- > Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,81,678.98 5.06 2.00-6.25 I. Call Money 25,250.14 5.16 4.20-5.20 II. Triparty Repo 4,79,423.75 5.06 4.80-5.35 III. Market Repo 1,69,992.64 5.02 2.00-5.50 IV. Repo in Corporate Bond 7,012.45 5.34 5.28-6.25 B. Term Segment I. Notice Money** 214.70 5.0...
India, April 21 -- Chennai/Mumbai, April 21, 2026: In a landmark political development that promises to reshape the contours of Tamil Nadu politics, the Republican Party of India (Bhimrao Ambedkar), deeply rooted in the revolutionary ideals of Babasaheb Dr. B.R. Ambedkar, has forged a historic tripartite alliance with the All India Puratchi Thalaivar Makkal Munnetra Kazhagam led by V.K. Sasikala and the faction of Pattali Makkal Katchi (Ayya PMK) led by veteran leader Dr. S. Ramadoss. This power...
India, April 20 -- The Government of India has issued a release: The President of India, Smt. Droupadi Murmu received H.E. Lee Jae Myung, President of the Republic of Korea at Rashtrapati Bhavan today (April 20, 2026). She also hosted a banquet in his honour. Welcoming President Myung on his first visit to India, the President appreciated him for his significant contributions to strengthening India-Korea bilateral relations, particularly as Chair of the Korea-India Parliamentary Friendship Gro...