MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated May 30, 2019 (SGB 2019-20 Series-III-Issue date August 14, 2019) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the due date of premature redemption of the above tranche shall be on February 13, 2026(February 1...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 11, 2026, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Berhampur Co-operative Urban Bank Limited, Odisha (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 the provisio...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: Detailed instructions on matters related to engagement of recovery agents have been issued to Scheduled Commercial Banks (excluding Regional Rural Banks) and Housing Finance Companies currently. Upon a review, it has been decided to issue comprehensive instructions to all regulated entities on conduct related matters in recovery of loans and engagement of recovery agents, which inter alia cover aspects such as f...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 09, 2026, imposed a monetary penalty of ₹3 lakh (Rupees Three Lakh only) on the Ganganagar Kendriya Sahkari Bank Limited, Rajasthan (the bank) for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) rea...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has been publishing a composite Reserve Bank of India - Digital Payments Index (RBI-DPI) since January 1, 2021 with March 2018 as base to capture the extent of digitisation of payments across the country. The index for September 2025 stands at 516.76 as against 493.22 for March 2025 which was announced on July 28, 2025. The increase in RBI-DPI index was driven by significant grow...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auction to be held on February 13, 2026 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Prim...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: Reserve Bank had announced, as part of the Statement on Developmental and Regulatory Policies dated February 06, 2026 that revised guidelines on KCC are proposed to be issued consolidating those on agriculture and allied activities, with a view to expand coverage, streamline operational aspects and address emerging requirements. Accordingly, the following draft Directions are being issued for public comments. *...
MUMBAI, India, Feb. 12 -- 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) 6,71,890.43 4.68 3.80-5.85 I. Call Money 13,945.12 5.03 4.40-5.10 II. Triparty Repo 4,85,867.80 4.66 4.45-5.00 III. Market Repo 1,65,788.61 4.67 3.80-5.10 IV. Repo in Corporate Bond 6,288.90 4.81 4.65-5.85 B. Term Segment I. Notice Money** 633.60 5.05...
India, Feb. 11 -- Delhi, India - [11 February 2026] :As artificial intelligence rapidly enters education systems worldwide, a critical question remains unanswered:how are teachers actually using AI in real classrooms?Today,TeachBetter.ai released a landmarkresearch report,"How Teachers Are Using AI to Transform Education," highlighting top 10 teacher-led use cases of AI, alongside the launch ofTeachBetter.ai Version 4.0, introducing a powerfulLive Quiz & Poll Generator to enable real-time as...
India, Feb. 11 -- Cafes and patisseries across India are embracing a renaissance in baking-one that celebrates freshness, authenticity and quality. As consumers develop a taste for artisanal breads, delicate pastries, and authentic pizzas, the demand for superior ingredients has never been higher.To meet this need, Pure Flour from Europe, a promotional programme led by the Italian Milling Industry Association (ITALMOPA) and co-funded by the European Union, has entered the market. The initiative ...