MUMBAI, India, Feb. 20 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the February 2026 issue of its monthly Bulletin. The Bulletin includes bi-monthly monetary policy statement (February 6, 2026), one speech, three articles and current statistics. The three articles are: I. State of the Economy; II. Union Budget 2026-27: An Assessment; and III. Retail Inflation Volatility in India: Sources, Determinants, and Implications. I. State of the Econom...
MUMBAI, India, Feb. 20 -- Reserve Bank of India issued the following press release: 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2025 2026 Variation Feb. 14 Feb. 06 Feb. 13 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 25646 33996 21576 -12420 -4070 * Data are provisional; difference, if any, is due to rounding off. 2. Foreign Exchange Reserves* Item As on Feb. 13, 2026 Variation over Week End-March 2025 Year &#...
MUMBAI, India, Feb. 20 -- Reserve Bank of India issued the following press release: [Under Section 45ZL of the Reserve Bank of India Act, 1934] The fifty-nineth meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during February 4 to 6, 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 Indust...
MUMBAI, India, Feb. 20 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 16, 2026, imposed a monetary penalty of ₹38.60 lakh (Rupees Thirty Eight Lakh Sixty Thousand only) on UCO Bank (the bank) for non-compliance with certain directions issued by RBI on 'Periodicity of payment of interest on savings deposits', 'Locker Rent' and 'Credit Information Reporting in respect of Self Help Group (SHG) members'. This penalt...
MUMBAI, India, Feb. 20 -- Reserve Bank of India issued the following press release: (Amount in ₹ Crore) Auction Results 6.03% GS 2029 6.68% GS 2033 7.24% GS 2055 I. Notified Amount 9,000 11,000 13,000 II. Competitive Bids Received (i) Number 59 163 239 (ii) Amount 19,913.100 31,664.000 31,070.000 III. Cut-off price / Yield 100.16 99.84 97.06 (YTM: 5.9676%) (YTM: 6.7080%) (YTM: 7.4885%) IV. Competitive Bids Accepted (i) Number 16 33 113 (ii) Amount 8,995.125 10,989.079 12,978.899 V. ...
MUMBAI, India, Feb. 20 -- Reserve Bank of India issued the following press release: 6.03% GS 2029 6.68% GS 2033 7.24% GS 2055 I. Notified Amount ₹9,000 crore ₹11,000 crore ₹13,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 100.16/5.9676% 99.84/6.7080% 97.06/7.4885% III. Amount accepted in the auction ₹9,000 crore ₹11,000 crore ₹13,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL Ajit Prasad Deputy General Manager (Communications...
MUMBAI, India, Feb. 20 -- 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, Feb. 20 -- Reserve Bank of India issued the following press release: In the underwriting auction conducted on February 20, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, 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 Competiti...
India, Feb. 18 -- The Government of India has issued a release: NEW DELHI, February 18: Union Minister of State (Independent Charge) for Science & Technology; Earth Sciences; and Minister of State in PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh, held a comprehensive bilateral meeting with H.E. Dr. Shane Reti, Hon'ble Minister of Science, Innovation, Technology and Education, New Zealand, at Kartavya Bhavan-3, New Delhi. The visiting Minister is in In...
India, Feb. 18 -- The Government of India has issued a release: # Chip Foundry Application Status Targeted production schedule 1 Data Acquisition avionic chip 55nm, UMC Identified Space customer Fabricated and undergoing customer evaluation 2027-Q1 2 BLDC Controller chipset 110nm, UMC Fan, Exhaust, Solar, Power Inverter Controller chip in Fabrication. 2026 -Q4 3 Precision Motor-Control chip using RISC-V Microprocessor 55nm, UMC Drones, EV and industrial automation Fabricat...