India, Aug. 7 -- The Government of India has issued a release: Union Minister of State for Consumer Affairs , Food and Public Distribution Smt. Nimuben Jayantibhai Bambhaniya visited the National Crafts Museum and Hastkala Academy in New Delhi on the occasion of National Handloom Day . During the meeting, the Minister of State interacted with weavers and artisans involved in the handloom sector and learned about their experiences , traditional arts, and skills. He commended and encouraged the ...
MUMBAI, India, Aug. 10 -- Reserve Bank of India issued the following notification: RBI/2026-27/233 FIDD.CO.LBS.BC.No.09/02.08.001/2026-27 August 10, 2026 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Formation of new districts in the Union Territory of Ladakh - Assignment of Lead Bank Responsibility The Administration of Union Territory (UT) of Ladakh has notified formation of five new districts, viz., Sham, Nubra, Changthang, Zanskar a...
MUMBAI, India, Aug. 10 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Tuesday, August 11, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,25,000 3 09:30 AM to 10:00 AM August 14, 2026 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Release 2...
MUMBAI, India, Aug. 10 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series IX-Issue date February 11, 2020) and in terms of GOI notification F.No.4(4)-B(W&M)/2020 dated April 13, 2020 (SGB 2020-21 Series-V-Issue date August 11, 2020) 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...
MUMBAI, India, Aug. 10 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated August 6, 2026, imposed a monetary penalty of ₹50,000 (Rupees Fifty Thousand only) on The Amravati District Central Co-operative Bank Ltd., Maharashtra (the bank), for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)' and 'Ensuring Reasonableness of Bank Charges and Charges Levied for Sending SMS Alerts'. This penalty h...
MUMBAI, India, Aug. 10 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Money Supply for the fortnight ended on July 31, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/851 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Aug. 10 -- 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, Aug. 10 -- 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, Aug. 10 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 58,671 Amount accepted (in ₹ crore) 58,671 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/848 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Aug. 10 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on Monday, August 10, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 1 12:00 Noon to 12:30 PM August 11, 2026 (Tuesday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press R...