MUMBAI, India, April 10 -- Reserve Bank of India issued the following press release: In view of the surplus transient liquidity conditions prevailing now, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, April 10, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,00,000 7 02:00 PM to 02:30 PM April 17, 2026 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press R...
MUMBAI, India, April 10 -- Reserve Bank of India issued the following press release: 6.48% GS 2035 I. Notified Amount ₹34,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 96.67/6.9655% III. Amount accepted in the auction ₹34,000 crore IV. Devolvement on Primary Dealers NIL Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/61 Disclaimer: Curated by HT Syndication....
MUMBAI, India, April 10 -- Reserve Bank of India issued the following press release: (Amount in ₹ Crore) Auction Results 6.48% GS 2035 I. Notified Amount 34,000 II. Competitive Bids Received (i) Number 549 (ii) Amount 1,08,718.750 III. Cut-off price / Yield 96.67 (YTM: 6.9655%) IV. Competitive Bids Accepted (i) Number 147 (ii) Amount 33,986.642 V. Partial Allotment Percentage of Competitive Bids 10.3555% (48 bids) VI. Weighted Average Price/Yield 96.69 (WAY: 6.9625%) VII. Non-Competitiv...
MUMBAI, India, April 10 -- Reserve Bank of India issued the following press release: Tenor 7-day Notified Amount (in ₹ crore) 2,00,000 Total amount of offers received (in ₹ crore) 2,09,460 Amount accepted (in ₹ crore) 2,00,041 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.23 Partial Acceptance Percentage of offers received at cut off rate 92.02 Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/63 Disclaimer: Curated by HT Syndication....
MUMBAI, India, April 10 -- Reserve Bank of India issued the following press release: It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. NGP.DOS.SED 2.No.S12/15-04-339/2026-2027 dated April 10, 2026, has issued certain Directions to Motiram Agrawal Jalna Merchants Cooperative Bank Limited, Jalna ("the bank...
MUMBAI, India, April 10 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI), vide order dated April 10, 2026, has cancelled the licence of "National Urban Cooperative Bank Ltd., Pratapgarh", under Section 22 read with Section 56 of the Banking Regulation Act, 1949 (BR Act). Consequently, the bank ceases to carry on banking business, with effect from the close of business on April 10, 2026. The Commissioner and Registrar of Cooperative, Uttar Pradesh has ...
MUMBAI, India, April 10 -- Reserve Bank of India issued the following press release: The Reserve Bank of India vide directive CO.DOS.SED. No. S370/45-11-001/2024-2025 dated April 15, 2024, had placed Sarvodaya Co-operative Bank Ltd., Mumbai under Directions for a period of six months up to the close of business on October 15, 2024, which was modified from time to time and was last extended up to close of business on April 15, 2026. 2. It is hereby notified for the information of the public tha...
MUMBAI, India, April 10 -- Reserve Bank of India issued the following press release: Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (₹ crore) Auction Date Settlement Date 1 91-Day 12,000 April 15, 2026 (Wednesday) April 16, 2026 (Thursday) 2 182-Day 6,000 3 364-Day 6,000 Total 24,000 The sale will be subject to the terms and conditions specified in the General Notification F.No...
MUMBAI, India, April 10 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Reserve Money and Money Supply for the fortnight ended March 31, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/67 Disclaimer: Curated by HT Syndication....
MUMBAI, India, April 10 -- Reserve Bank of India issued the following press release: The Reserve Bank of India had adopted the Medium-term Strategy Framework (Utkarsh 2.0) covering the period 2023-2025 in December 2022 which guided the Bank's progress towards realisation of the identified milestones. In continuation of the above and building upon the progress made thereunder, the Bank has now prepared its Medium-term Strategy Framework Utkarsh 2029 for the period April 2026 to March 2029. The ...