MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 27, 2026, imposed a monetary penalty of ₹11.50 lakh (Rupees Eleven Lakh Fifty Thousand only) on Mahindra & Mahindra Financial Services Limited (the company) for non-compliance with certain directions issued by RBI on 'Fair Practices Code' and 'Internal Ombudsman for Regulated Entities'. This penalty has been imposed in exercise of powers confe...
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: The value of exports and imports of services during January 2026 are presented in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) October - 2025 35,167 (2.2) 17,729 (2.9) November - 2025 34,262 (6.7) 16,877 (-2.1) December - 2025 41,775 (13.0) 19,104 (7.3) January - 2026 38,165 (9.8) 16,631 (-0.5) Note: (i) Data for October-January are provi...
MUMBAI, India, Feb. 27 -- 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 14,000 March 04, 2026 (Wednesday) March 05, 2026 (Thursday) 2 182-Day 12,000 3 364-Day 8,000 Total 34,000 The sale will be subject to the terms and conditions specified in the General Notification F.No...
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Money Supply for the fortnight ended February 15, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/2189 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released its web publication entitled 'Quarterly Basic Statistical Return (BSR)-1 on Credit by Scheduled Commercial Banks (SCBs)Statistics>Data Release>Fortnightly>Scheduled Bank's Statement of Position in India) and aggregate level monthly data on sectoral deployment of bank credit for December 2025, reported by select major banks, were also released on the website (Home>Statistics>Data ...
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2025 2026 Variation Feb. 21 Feb. 13 Feb. 20 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 22112 21576 16953 -4622 -5159 * Data are provisional; difference, if any, is due to rounding off. 2. Foreign Exchange Reserves* Item As on Feb. 20, 2026 Variation over Week End-March 2025 Year ...
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the web publication 'Quarterly Basic Statistical Return (BSR)-2 on Deposits with Scheduled Commercial BanksStatistics>Data Release>Fortnightly>Scheduled Bank's Statement of Position in India).">1 - December 20252' on its 'Database on Indian Economy' portal3 (https://data.rbi.org.in Homepage > Publications). Scheduled commercial banks (SCBs), excluding regional rural banks, repo...
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: Data on sectoral deployment of bank credit for the month of January 2026, collected from 41 select scheduled commercial banks (SCBs) which together account for about 95 per cent of the total non-food credit by all SCBs,1 are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 grew by 14.4 per cent as on the fortnight ended January 31, 2026, compared to 11.3 per cent during th...
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: (Amount in ₹ Crore) Auction Results 6.48% GS 2035 I. Notified Amount 32,000 II. Competitive Bids Received (i) Number 388 (ii) Amount 81,040.000 III. Cut-off price / Yield 98.36 (YTM: 6.7134%) IV. Competitive Bids Accepted (i) Number 156 (ii) Amount 31,981.478 V. Partial Allotment Percentage of Competitive Bids 17.0045% (58 bids) VI. Weighted Average Price/Yield 98.38 (WAY: 6.7105%) VII. Non-Competitive B...
India, Feb. 26 -- NEW DELHI, India -Public sector offices and PSUs across India are confronting a critical administrative challenge, the inability to reliably verify the physical presence of personnel. For decades, dependence on manual registers and non-integrated systems has left government institutions vulnerable to proxy marking and data manipulation. The impact goes far beyond administrative inconvenience which leads to significant public money losses and creates barriers to financial transp...