SARAS Mela 2026

India, Oct. 21 -- The Government of India has issued a release: The SARAS Melas organized under the Centre's DAY-NRLM connect rural women entrepreneurs with wider markets, buyers, and business opportunities. The Vijayawada edition marks the first National SARAS Mela outside Delhi-NCR, bringing together women entrepreneurs from 34 states and UTs. The platform strengthens DAY-NRLM's efforts to promote sustainable livelihoods and supports the Lakhpati Didi vision of income growth. Dedicated pavili...


RBI TO CONDUCT 3-DAY VARIABLE RATE REPO (VRR) AUCTION UNDER LAF ON OCTOBER 23, 2026

MUMBAI, India, Oct. 22 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions in the near term, it has been decided to conduct a Variable Rate Repo (VRR) auction on Friday, October 23, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 9:30 AM to 10:00 AM October 26, 2026 (Monday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Pre...


FINAL REDEMPTION UNDER SOVEREIGN GOLD BOND (SGB) SCHEME - REDEMPTION PRICE FOR FINAL REDEMPTION OF SGB 2018-19 SERIES-II DUE ON OCTOBER 23, 2026

MUMBAI, India, Oct. 22 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018 (https://rbidocs.rbi.org.in/rdocs/content/pdfs/SGBN08102018.pdf) (SGB 2018-19 Series-II-Issue date October 23, 2018) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be October 23, 202...


RESERVE MONEY FOR THE FORTNIGHT ENDED ON OCTOBER 15, 2026

MUMBAI, India, Oct. 22 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Reserve Money (https://rbidocs.rbi.org.in/rdocs/content/docs/RM22102026.xlsx) for the fortnight ended on October 15, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1368 Disclaimer: Curated by HT Syndication....


DIRECTIONS UNDER SECTION 35A READ WITH SECTION 56 OF THE BANKING REGULATION ACT, 1949 - THE SURI FRIENDS' UNION CO-OPERATIVE BANK LTD., SURI, WEST BENGAL - EXTENSION OF PERIOD

MUMBAI, India, Oct. 22 -- 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 Suri Friends' Union Co-operative Bank Ltd., Suri, West Bengal vide Directive No. CO.DOS.SED.No.S2574/12-07-005/2022-23 dated July 21, 2022 for a period of six months up to close of business on January 22, 2023, which were last extended up to close of business on October 22, 2026 vide Dire...


UNDERWRITING AUCTION FOR SALE OF GOVERNMENT SECURITIES FOR ₹33,000 CRORE ON OCTOBER 23, 2026

MUMBAI, India, Oct. 22 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auction to be held on October 23, 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 Primary Dea...


RESULT OF THE OVERNIGHT VARIABLE RATE REPO (VRR) AUCTION HELD ON OCTOBER 22, 2026

MUMBAI, India, Oct. 22 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 1,62,354 Amount allotted (in ₹ crore) 50,006 Cut off Rate (%) 5.54 Weighted Average Rate (%) 5.55 Partial Allotment Percentage of bids received at cut off rate (%) 3.2 Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1365 Disclaimer: Curated by HT Syndication....


MONEY MARKET OPERATIONS AS ON OCTOBER 21, 2026

MUMBAI, India, Oct. 22 -- 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) 6,95,661.81 5.64 4.85-6.00 I. Call Money 11,933.13 5.65 4.85-5.90 II. Triparty Repo 4,87,398.75 5.64 5.51-5.87 III. Market Repo 1,90,233.33 5.64 5.25-5.95 IV. Repo in Corporate Bond 6,096.60 5.72 5.70-6.00 B. Term Segment I. Notice Money** 201.00 5.37...


Prime Minister congratulates Jehan Dorab Madan on winning Bronze at the Asian Para Games

India, Oct. 20 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi today congratulated Jehan Dorab Madan for winning the Bronze medal in the Men's Singles Class 1 event at the Asian Para Games 2026. Noting that India's Para Table Tennis contingent continues to make the nation proud, Shri Modi stated that his success is a reflection of his passion and skills, and wished that he keeps scaling new heights in the times to come. In a post on X, the Prime Minister's O...


Prime Minister congratulates Manish Narwal on winning Silver at the Asian Para Games

India, Oct. 20 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi today congratulated Manish Narwal for delivering an impressive performance to win the Silver medal in the Men's 10m Air Pistol SH1 event at the Asian Para Games. Noting that he continues to distinguish himself through his focus and commitment, Shri Modi extended his congratulations and best wishes for the endeavours ahead. In a post on X, the Prime Minister's Office shared: "Manish Narwal has de...