India, June 15 -- The Government of India has issued a release: ​In a special ceremony, the President of the Slovak Republic, H.E. Mr. Peter Pellegrini, conferred upon Prime Minister Shri Narendra Modi, Slovakia's highest State honour, "The Order of the White Double Cross, First Class". ​Prime Minister expressed his heartfelt gratitude to the President, the Government, and the people of Slovakia for the distinguished honour. Accepting the award, he noted that the honour was a tribu...
MUMBAI, India, June 17 -- Reserve Bank of India issued the following notification: RBI/2026-27/143 DOR.SOG(SPE).REC.122/13.03.00/2026-27 June 17, 2026 Reserve Bank of India (Rural Co-operative Banks - Interest Rate on Deposits) Amendment Directions, 2026 Please refer to the Reserve Bank of India (Rural Co-operative Banks - Interest Rate on Deposits) Directions, 2025 (hereinafter referred to as 'Directions'), dated November 28, 2025. On a review, it has been decided to temporarily withdraw i...
MUMBAI, India, June 17 -- Reserve Bank of India issued the following notification: RBI/2026-27/142 DOR.SOG(SPE).REC.121/13.03.00/2026-27 June 17, 2026 Reserve Bank of India (Urban Co-operative Banks - Interest Rate on Deposits) Amendment Directions, 2026 Please refer to the Reserve Bank of India (Urban Co-operative Banks - Interest Rate on Deposits) Directions, 2025 (hereinafter referred to as 'Directions'), dated November 28, 2025. On a review, it has been decided to temporarily withdraw i...
MUMBAI, India, June 17 -- Reserve Bank of India issued the following notification: RBI/2026-27/141 DOR.SOG(SPE).REC.118/13.03.00/2026-27 June 17, 2026 Reserve Bank of India (Local Area Banks - Interest Rate on Deposits) Amendment Directions, 2026 Please refer to the Reserve Bank of India (Local Area Banks - Interest Rate on Deposits) Directions, 2025 (hereinafter referred to as 'Directions'), dated November 28, 2025. On a review, it has been decided to temporarily withdraw interest rate cei...
MUMBAI, India, June 17 -- Reserve Bank of India issued the following notification: RBI/2026-27/140 DOR.SOG(SPE).REC.120/13.03.00/2026-27 June 17, 2026 Reserve Bank of India (Regional Rural Banks - Interest Rate on Deposits) Amendment Directions, 2026 Please refer to the Reserve Bank of India (Regional Rural Banks - Interest Rate on Deposits) Directions, 2025 (hereinafter referred to as 'Directions'), dated November 28, 2025. On a review, it has been decided to temporarily withdraw interest ...
MUMBAI, India, June 17 -- Reserve Bank of India issued the following notification: RBI/2026-27/139 DOR.SOG(SPE).REC.119/13.03.00/2026-27 June 17, 2026 Reserve Bank of India (Small Finance Banks - Interest Rate on Deposits) Amendment Directions, 2026 Please refer to the Reserve Bank of India (Small Finance Banks - Interest Rate on Deposits) Directions, 2025 (hereinafter referred to as 'Directions'), dated November 28, 2025. On a review, it has been decided to temporarily withdraw interest ra...
MUMBAI, India, June 17 -- Reserve Bank of India issued the following notification: RBI/2026-27/138 DOR.SOG(SPE).REC.117/13.03.00/2026-27 June 17, 2026 Reserve Bank of India (Commercial Banks - Interest Rate on Deposits) Amendment Directions, 2026 Please refer to the Reserve Bank of India (Commercial Banks - Interest Rate on Deposits) Directions, 2025 (hereinafter referred to as 'Directions'), dated November 28, 2025. On a review, it has been decided to temporarily withdraw interest rate cei...
MUMBAI, India, June 17 -- 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 The Gauhati Co-operative Urban Bank Ltd., Guwahati vide Directive No.GWH.DOS.ADM.No.S233/01-10-101/2025-2026 dated December 17, 2025 for a period of six months up to close of business on June 17, 2026. The Reserve Bank of India is satisfied that in the public interest, it is necessary to furt...
MUMBAI, India, June 17 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 12,000 6,000 6,000 II. Competitive Bids Received (i) Number 110 68 115 (ii) Amount 32,155.700 13,949.650 31,465.000 III. Cut-off price (₹)/Yield 98.7055 97.3305 94.5422 (YTM: 5.2603%) (YTM: 5.5005%) (YTM: 5.7887%) IV. Competitive Bids Accepted (i) Number 59 28 3 (ii) Amount 11,400.000 5,700.000 5,700.000 V. Partial Al...
MUMBAI, India, June 17 -- Reserve Bank of India issued the following press release: T-Bill 91-Day 182-Day 364-Day I. Total Face Value Notified ₹12,000 Crore ₹6,000 Crore ₹6,000 Crore II. Cut-off Price (₹) and Implicit Yield at Cut-Off Price 98.7055 (YTM: 5.2603%) 97.3305 (YTM: 5.5005%) 94.5422 (YTM: 5.7887%) III. Total Face Value Accepted ₹12,000 Crore ₹6,000 Crore ₹6,000 Crore Ajit Prasad Deputy General Manager (Communications) Press Release: 202...