MUMBAI, India, Jan. 19 -- Reserve Bank of India issued the following press release: As part of the Reserve Bank of India's continued engagement with regulated entities, the Governor held a meeting today in Mumbai with the Chairpersons and Managing Directors & Chief Executive Officers (MDs & CEOs) of select Urban Cooperative Banks (UCBs). The previous such meeting was held on March 19, 2025. The participants included representatives from the National Urban Cooperative Finance and Development Co...
MUMBAI, India, Jan. 19 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has today issued the Reserve Bank of India (Priority Sector Lending - Targets and Classification) (Amendment) Directions, 2026. These amendment directions modify certain provisions of the Master Directions - Reserve Bank of India (Priority Sector Lending - Targets and Classification) Directions, 2025. 2. These amendments have been carried out to (i) align with certain regulatory change...
MUMBAI, India, Jan. 19 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated January 13, 2026, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Nandura Urban Co-operative Bank Ltd., Nandura, Maharashtra (the bank), for non-compliance with certain directions issued by RBI on 'Exposure Norms and Statutory / Other Restrictions - UCBs'. This penalty has been imposed in exercise of powers conferred on RBI under th...
MUMBAI, India, Jan. 19 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo ...
MUMBAI, India, Jan. 19 -- 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) 10,450.34 5.07 4.25-5.50 I. Call Money 802.25 4.82 4.50-4.95 II. Triparty Repo 9,401.75 5.11 4.65-5.50 III. Market Repo 246.34 4.49 4.25-5.00 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III....
MUMBAI, India, Jan. 19 -- Reserve Bank of India issued the following press release: Tenor 4-day Notified Amount (in ₹ crore) 1,00,000 Total amount of bids received (in ₹ crore) 58,740 Amount allotted (in ₹ crore) 58,740 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1943 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Jan. 19 -- 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) 11,402.72 5.18 4.30-6.30 I. Call Money 1,001.05 4.89 4.50-5.47 II. Triparty Repo 5,510.00 5.05 4.60-5.25 III. Market Repo 254.27 4.42 4.30-4.75 IV. Repo in Corporate Bond 4,637.40 5.44 5.38-6.30 B. Term Segment I. Notice Money** 16,346.64 5.41 4.60-5....
MUMBAI, India, Jan. 19 -- Reserve Bank of India issued the following notification: RBI/FIDD/2025-26/196 FIDD.CO.PSD.BC.No.11/04.09.001/2025-26 January 19, 2026 Reserve Bank of India (Priority Sector Lending - Targets and Classification) (Amendment) Directions, 2026 Please refer to the Reserve Bank of India (Priority Sector Lending - Targets and Classification) Directions, 2025 (hereinafter referred to as "the Directions"). 2. On a review, in exercise of the powers conferred by Sections 21 ...
India, Jan. 17 -- Artificial intelligence has made extraordinary progress in generating answers. Yet across businesses, classrooms, and everyday life, a new challenge has surfaced:understanding those answers quickly and clearly.As AI adoption scales, the limitation is no longer intelligence it is interpretation.This is whereRivesaenters the picture, aligning itself with a larger industry shift:from text-first AI to visual intelligence.Why the AI Industry Is Moving Beyond TextFor decades, softwar...
India, Jan. 17 -- Shravan Gupta stands out as a new-age entrepreneur who operates at the intersection of technology and finance-two fields that are reshaping the global economy at unprecedented speed. With a strong professional foundation and a forward-looking mindset, Gupta represents a generation of leaders who combine technical expertise with financial insight to build scalable, impactful ventures.Early Orientation Toward InnovationFrom the outset of his career, Shravan Gupta demonstrated a s...