SHIMLA, Himachal Pradesh, Aug. 13 -- The Department of Information and Public Relations, Himachal Pradesh issued the following press release: Penalty of Rs. 44.31 lakh imposed in 895 illegal mining cases Director of Industries, Dr. Yunus said that illegal mining not only leads to unregulated exploitation of mineral resources, but also has serious impacts on environmental balance, conservation of water sources and protection of infrastructure. Considering this challenge, the department has init...
SHIMLA, Himachal Pradesh, Aug. 13 -- The Department of Information and Public Relations, Himachal Pradesh issued the following press release: Chief Minister Thakur Sukhvinder Singh Sukhu has condoled the death of Havildar Arun Kumar 'Lucky' serving in Indian Army in Arunachal Pradesh. He belonged to village Chatara of Kutlehar assembly constituency in Una district. The Chief Minister said that Havildar Arun Kumar served the Nation with dedication and devotion and his commitment to duty will be...
MUMBAI, India, Aug. 13 -- Reserve Bank of India issued the following press release: I. T-Bill 91-Day 182-Day 364-Day II. Total Face Value Notified ₹10,000 Crore ₹6,000 Crore ₹5,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.6497 (YTM: 5.4902%) 97.2987 (YTM: 5.5678%) 94.7199 (YTM: 5.5898%) IV. Total Face Value Accepted ₹10,000 Crore ₹6,000 Crore ₹5,000 Crore Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026...
MUMBAI, India, Aug. 13 -- 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) 6,23,184.96 5.38 2.50-6.45 I. Call Money 17,909.75 5.45 4.85-5.55 II. Triparty Repo 4,05,364.55 5.41 5.11-5.50 III. Market Repo 1,97,505.11 5.33 2.50-6.00 IV. Repo in Corporate Bond 2,405.55 5.61 5.50-6.45 B. Term Segment I. Notice Money** 161.60 5.39 5.10-5.50 II. T...
MUMBAI, India, Aug. 13 -- Reserve Bank of India issued the following notification: RBI/2025-26/73 CO.DPSS.RLPD.No.S536/04-07-001/2025-2026 August 13, 2025 The Chairman / Managing Director / Chief Executive Officer of Banks participating in Cheque Truncation System/ National Payment Corporation of India Dear Sir / Madam, Introduction of Continuous Clearing and Settlement on Realisation in Cheque Truncation System Please refer to the Statement on Developmental and Regulatory Policies dat...
MUMBAI, India, Aug. 13 -- Reserve Bank of India issued the following press release: On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Thursday, August 14, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,00,000 8 9:30 AM to 10:00 AM August 22, 2025 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Release...
MUMBAI, India, Aug. 13 -- Reserve Bank of India issued the following press release: In pursuance to the announcement made in the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement dated December 06, 2024, the Reserve Bank of India had set up the committee to develop a Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) in the Financial Sector on December 26, 2024. 2. The Committee, after extensive deliberations...
MUMBAI, India, Aug. 13 -- 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 next due date of premature redemption of the above tranche shall be on August 14, 2025. 2. ...
MUMBAI, India, Aug. 13 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Reserve Money for the week ended August 08, 2025. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/900 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Aug. 13 -- Reserve Bank of India issued the following press release: The Certificate of Registration issued to the following Non-Banking Financial Companies (NBFC) has been restored after considering the orders passed by the Appellate Authority/Courts. The NBFCs are advised to adhere to the applicable provisions of the RBI Act, 1934, and guidelines/directions issued by the RBI including reporting requirements. Sr. No Name of the Company Registered Office Address CoR No. CoR rest...