MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 19, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Kalaburagi and Yadgir District Co-operative Central Bank Limited, Karnataka (the bank) for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under the provisi...
MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 19, 2025, imposed a monetary penalty of ₹50,000 (Rupees Fifty Thousand only) on The Bharat Co-operative Bank Limited, Bengaluru, Karnataka (the bank) for non-compliance with specific directions issued by RBI under 'Supervisory Action Framework (SAF)'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Se...
MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the data on performance of the private corporate sector during the first quarter of 2025-26, drawn from abridged quarterly financial results of 3,079 listed non-government non-financial companies. This summary position also includes comparable data for Q4:2024-25 and Q1:2024-25 to enable study of sequential (q-o-q) and annual (y-o-y) change (web-link https://data.rbi.org.in/DBIE/...
MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has been regularly conducting Rural Consumer Confidence Survey (RCCS). The September 2025 round of the survey is being launched. The survey collects current perceptions and one year ahead expectations of households on general economic situation, employment scenario, overall price situation, own income and spending from the households residing in the rural and semi-urban areas across 31 ...
MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has been regularly conducting Urban Consumer Confidence Survey (UCCS). The September 2025 round of the survey is being launched. The survey seeks qualitative responses from households, regarding their sentiments on general economic situation, employment scenario, price level, households' income and spending. The survey is conducted regularly in 19 cities, viz., Ahmedabad, Bengaluru, Bho...
India, Aug. 24 -- The Government of India issued the following news release: The Prime Minister, Shri Narendra Modi has extended warm greetings on the sacred occasion of the Parkash Purab of Sri Guru Granth Sahib Ji. The Prime Minister said the timeless teachings of the Sri Guru Granth Sahib Ji continue to illuminate lives across the world, reminding us of the values of compassion, humility and service. He added that these teachings inspire humanity to strengthen the spirit of unity and harmon...
India, Aug. 24 -- The Government of India issued the following news release: Prime Minister Shri Narendra Modi will visit Gujarat on 25th - 26th August. He will inaugurate, lay the foundation stone and dedicate to the nation multiple development projects worth Rs 5,400 crores at Khodaldham ground, Ahmedabad at around 6 PM on 25th August. He will also address a public function. On 26th August, at around 10:30 AM, Prime Minister will inaugurate localized production of hybrid battery electrodes a...
India, Aug. 24 -- The Government of India issued the following news release: The Prime Minister, Shri Narendra Modi has expressed grief on the demise of Shri Vimalendra Mohan Pratap Mishra, member of Shri Ram Janmabhoomi Teerth Kshetra Trust and head of Rajsadan Ayodhya. The Prime Minister said that Shri Vimalendra Mohan Pratap Mishra dedicated his life to religious and social causes. In a post on X, Shri Modi said; (Omitted Hindi content can be viewed at https://www.pib.gov.in/PressReleaseP...
India, Aug. 24 -- The Government of India issued the following news release: Prime Minister Shri Narendra Modi addressed the foundation stone laying ceremony of Sardardham Phase-II, Kanya Chhatralaya in Ahmedabad, Gujarat via a video message today. Addressing the gathering, the Prime Minister remarked that the name of Sardardham is as sacred as its work, highlighting the inauguration of a hostel dedicated to the service and education of daughters. He further stated that the girls who will resid...
India, Aug. 24 -- The Government of India issued the following news release: All my colleagues from the Union Cabinet, all the Ministers of the Gujarat Government, all the fellow MPs present, all the MLAs, the head brother of Sardardham Shri Gagji Bhai, Trustee V.K. Patel, Dilip Bhai, all other dignitaries, and my dear brothers and sisters, especially my dear daughters. As sacred as the name of Sardardham is, equally sacred is its work. Today a hostel is being inaugurated for the service of da...