SHIMLA, Himachal Pradesh, June 12 -- The Department of Information and Public Relations, Himachal Pradesh issued the following press release: Town and Country Planning and Housing Minister, Rajesh Dharmani while presiding over the meeting of Cabinet-Sub Committee here today to review and suggest optimum use of the unutilized vacant buildings of various departments directed to submit the information about the same within seven days positively. It was disclosed in the meeting that so far ...
SHIMLA, Himachal Pradesh, June 12 -- The Department of Information and Public Relations, Himachal Pradesh issued the following press release: Town and Country Planning Minister Rajesh Dharmani has directed the officers to expedite the construction work of commercial complex at Vikas Nagar and Mountain City Jathia Devi in Shimla District. He emphasized upon to bring re-development policy for mobilizing government land and to modernize existing structures. He was presiding over a meeting of the ...
SHIMLA, Himachal Pradesh, June 12 -- The Department of Information and Public Relations, Himachal Pradesh issued the following press release: Chief Minister Thakur Sukhvinder Singh Sukhu today reviewed the progress of work on the ongoing and proposed developmental projects in Dharamshala and various sub-divisions of Kangra district. He took detailed information about various aspects related to the construction of Ekta Mall (PM Unity Mall) in Dharamshala. He said that 'One District-One Product'...
MUMBAI, India, June 12 -- Reserve Bank of India issued the following notification: RBI/2025-26/52 DOR.SOG(LEG).REC/32/09.08.024/2025-26 June 12, 2025 All Commercial Banks (including RRBs) and all Co-operative Banks Madam/ Dear Sir Inoperative Accounts/ Unclaimed Deposits in Banks - Revised Instructions (Amendment) 2025 As per instructions, issued vide circular DOR.SOG (LEG).REC/64/09.08.024/2023-24 dated January 1, 2024 (hereinafter called the extant instructions), the credit balance in a...
MUMBAI, India, June 12 -- Reserve Bank of India issued the following press release: The following four Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR. i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business: Sr. No. Nam...
MUMBAI, India, June 12 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,95,936.52 5.18 2.50-6.55 I. Call Money 15,257.24 5.31 4.80-5.35 II. Triparty Repo 3,83,941.95 5.20 5.16-5.30 III. Market Repo 1,94,273.33 5.13 2.50-5.60 IV. Repo in Corporate Bond 2,464.00 5.41 5.35-6.55 B. Term Segment I. Notice Money** 34.50 5.17 5.05-5.25 II. Te...
MUMBAI, India, June 12 -- Reserve Bank of India issued the following notification: RBI/2025-26/54 IDMD.RD.S390/10.18.060/2025-26 June 12, 2025 All Market Participants Madam/Sir, Stripping/Reconstitution in State Government Securities Please refer to paragraph No.1 of the Statement on Developmental and Regulatory Policies announced on August 07, 2019 on the proposal to introduce stripping/reconstitution facility for State Development Loans1 (SDLs), in consultation with the respective State...
MUMBAI, India, June 12 -- Reserve Bank of India issued the following notification: RBI/2025-26/51 DOR.AML.REC.30/14.01.001/2025-26 June 12, 2025 Reserve Bank of India (Know Your Customer (KYC)) (Amendment) Directions, 2025 Reserve Bank had issued Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016 (hereinafter referred to as Master Direction) in compliance of the provisions of the PML Act, 2002 and the Rules made thereunder. There is a need to further amend the same in order t...
MUMBAI, India, June 12 -- Reserve Bank of India issued the following notification: RBI/2025-26/53 DOR.AML.REC.31/14.01.001/2025-26 June 12, 2025 The Chairpersons/ CEOs of all the Regulated Entities Dear Sir/ Madam, Updation/ Periodic Updation of KYC - Revised Instructions Please refer to instructions on updation/ periodic updation of KYC as contained in paragraph 38 of Master Direction - Know Your Customer (KYC) Direction, 2016 dated February 25, 2016 (as amended from time to time). 2. T...
MUMBAI, India, June 12 -- Reserve Bank of India issued the following press release: On a review of the current and evolving liquidity conditions, it has been decided not to conduct the 14-day main operation on Friday, June 13, 2025, for the upcoming fortnight. (Puneet Pancholy) Chief General Manager Press Release: 2025-2026/535 Disclaimer: Curated by HT Syndication....