MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: The Reserve Bank had recognised FinTech Association for Consumer Empowerment (FACE) as the first Self-Regulatory Organisation in the FinTech Sector (SRO-FT), vide Press Release dated August 28, 2024. 2. RBI has since received an application from the Unified Fintech Forum (UFF) seeking recognition as SRO-FT. The application was examined against the requirements of the Framework, and it has been decided to accor...
MUMBAI, India, Sept. 10 -- 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 Kanaka Pattana Sahakara Bank Niyamita, Davangere vide Directive No.BLR.DOS.QAG.No.S1362/12-07-248/2025-2026 dated March 11, 2026 for a period of six months up to close of business on September 12, 2026. The Reserve Bank of India is satisfied that in the public interest, it is necessary to fu...
MUMBAI, India, Sept. 10 -- 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 September 11, 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 ...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 6,00,000 Total amount of offers received (in ₹ crore) 3,96,694 Amount accepted (in ₹ crore) 3,96,694 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1085 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Sept. 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) 6,81,467.94 4.53 1.00-5.52 I. Call Money 11,923.12 4.99 4.40-5.18 II. Triparty Repo 4,86,499.45 4.59 4.30-5.00 III. Market Repo 1,76,681.42 4.34 1.00-5.52 IV. Repo in Corporate Bond 6,363.95 4.90 4.85-5.50 B. Term Segment I. Notice Money** 279.00 4.9...
India, Sept. 8 -- The Government of India has issued a release: The Rashtriya Poshan Maah (National Nutrition Month) is observed every September as a dedicated platform to mobilise communities and reinforce key nutrition, health and caregiving behaviours among pregnant women, lactating mothers, children, adolescents, and their families. The 9th Poshan Maah 2026, which will be launched on Sept. 9, 2026, highlights the importance of Anganwadi Centres. It will raise awareness about balanced, prote...
India, Sept. 8 -- The Government of India has issued a release: Vice-President Shri C. P. Radhakrishnan today visited the INA Museum at Moirang, Manipur paying homage to the valour and sacrifice of the Indian National Army (INA). He visited the historic site where the Indian Tricolour was first hoisted on the Indian mainland by the INA and toured the INA War Museum gallery. He also paid floral tribute to Netaji Subhas Chandra Bose. Later, the Vice-President visited Sainik School Imphal, where ...
India, Sept. 8 -- The Government of India has issued a release: The Prime Minister, Shri Narendra Modi has shared glimpses of his address during inauguration of Global Fintech Fest (GFF) 2026 in Mumbai. In a series of X posts, Shri Modi said; "Addressed the Global FinTech Fest 2026 in Mumbai. Spoke about India's remarkable FinTech journey and the success of UPI. Called for: Expanding UPI's global footprint. Taking FinTech beyond payments to credit, insurance, savings, investments and pens...
India, Sept. 8 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi today inaugurated Global Fintech Fest 2026 in Mumbai. Addressing the gathering, the Prime Minister extended a warm welcome to innovators, leaders, and investors from across the globe. He noted that marking his third consecutive appearance at the event feels like a hat-trick of immense national importance following his third term in government. "This hat-trick shows how important you are for a Viksi...
India, Sept. 8 -- The Government of India has issued a release: RBI Governor Shri Sanjay Malhotra ji, Global Fintech Fest Chairman Kris Gopalakrishnan ji, all innovators, leaders and investors of the fintech world, ladies and gentlemen. I welcome all guests and delegates who have come from India and abroad to the Global Fintech Fest. I am happy that today another hat-trick has been achieved. One hat-trick was in 2024 when the government was formed for the third time, and another hat-trick is m...