MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following speech: I am delighted to be here amongst all of you in the SBI Banking and Economics Conclave. I sincerely thank Chairperson, SBI for providing me this opportunity to address the leaders of the banking and finance in the country. This Conclave is happening at a time when we are navigating a world of continued uncertainty, geopolitical realignment, and rapid technological change. This brings not only a host of challenges but al...
MUMBAI, India, Nov. 7 -- 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) 6,37,846.62 5.18 4.00-6.30 I. Call Money 17,372.09 5.40 4.80-5.50 II. Triparty Repo 4,11,200.50 5.13 4.75-5.25 III. Market Repo 2,05,539.03 5.25 4.00-5.50 IV. Repo in Corporate Bond 3,735.00 5.40 5.35-6.30 B. Term Segment I. Notice Money** 90.00 5.33 5...
MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following press release: In the underwriting auction conducted on November 07, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government security, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitive ...
MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following press release: The Financial Sector Assessment Program (FSAP), a joint program of the International Monetary Fund (IMF) and the World Bank (WB), undertakes a comprehensive and in-depth analysis of a country's financial sector. Since September 2010 the exercise has become mandatory for jurisdictions with systemically important financial sectors. Currently, it is -mandatory for 32 jurisdictions, including India, to be conducted e...
MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following press release: 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2024 2025 Variation Nov. 1 Oct. 24 Oct. 31 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 31294 23777 20016 -3761 -11278 * Data are provisional; difference, if any, is due to rounding off. 2. Foreign Exchange Reserves* Item As on Oct. 31, 2025 Variation over Week End-March 2025 Year S...
MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following press release: The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹16,560 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Bihar 1500 15 Yield 2. Chhattisgarh 500 Re-issue of 6.59% Chhattisgarh SDL 2028, issued on October 06, 2021 Price 1000 Re-issue of 7.14% Chhattisgarh SGS 2033, issued on February 12, 2025 Pr...
MUMBAI, India, Nov. 7 -- 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.SSM3.No.S611/5-04-166/2025-26 dated November 06, 2025, has issued certain Directions to The Pusad Urban Cooperative Bank Ltd., Pusad ("the bank") whereby, as from t...
MUMBAI, India, Nov. 7 -- 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 Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka vide Directive No. DOS.CO.UCB.BSD-III.D-2/12.23.283/2019-20 dated January 02, 2020, for a period of six months up to close of business on July 10, 2020. The Reserve Bank of India is satisfied that in the public interest, it is ...
MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, in exercise of its powers under section 36AAA read with section 56 of the Banking Regulation Act, 1949, had superseded the Board of Directors of Abhyudaya Cooperative Bank Ltd., Mumbai (the bank) for one year on November 24, 2023, due to material concerns arising from poor governance standards observed within the bank. The period of supersession was extended for a further period of one ...
MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 9, 2025 - September 12, 2025. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 09-09-2025 7,313 1,601 1,939 64...