India, May 19 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi had a bilateral meeting with H.E. Ms. Kristurn Frostadottir, Prime Minister of Iceland in Oslo on the margins of the 3rd India-Nordic Summit. This was the first meeting of the two leaders since the assumption of office by Prime Minister Frostadottir. Prime Minister Modi congratulated Prime Minister Frostadottir for being the youngest Prime Minister in the history of Iceland. The two leaders exchan...
India, May 19 -- The Government of India has issued a release: सभी नॉर्डिक देशों के लीडर्स delegates, मीडिया के साथियों, आप सबको मेरा नमस्कार! आज त...
India, May 19 -- The Government of India has issued a release: The Vice-President of India, Shri C. P. Radhakrishnan today expressed deep grief over the passing of former Union Minister and former Chief Minister of Uttarakhand, Major General B. C. Khanduri (Retd.). In a message, the Vice-President said that with the demise of Major General Khanduri, the nation has lost a distinguished soldier, an able administrator and a statesman of rare integrity. The Vice-President noted that Major General...
India, May 19 -- The Government of India has issued a release: The President of India, Smt Droupadi Murmu paid floral tributes to Shri Neelam Sanjiva Reddy, former President of India, on his birth anniversary at Rashtrapati Bhavan today (May 19, 2026). Disclaimer: Curated by HT Syndication....
MUMBAI, India, May 20 -- 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 Repo (VRR) auction on Thursday, May 21, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,25,000 1 9:30 AM to 10:00 AM May 22, 2026 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022/...
MUMBAI, India, May 20 -- Reserve Bank of India issued the following press release: In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated February 6, 2026, the Reserve Bank of India had issued the draft Amendment Directions on 'Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents' for public comments on February 12, 2026. Substantial feedback has been received from stakeholders on the draft Amendment Directions, whic...
MUMBAI, India, May 20 -- 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 USD/INR Buy/Sell swap auction of USD 5 billion for a tenor of three years. The details of the auction are as under: Swap Amount (USD Billion) Auction date Auction Time Near Leg/Spot Date Far Leg Date 5 May 26, 2026 10:30 AM to 11:30 AM May 29, 2026 May 29, 2029 The market participants would be required to place their b...
MUMBAI, India, May 20 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Reserve Money for the fortnight ended May 15, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/296 Disclaimer: Curated by HT Syndication....
MUMBAI, India, May 20 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 12,000 6,000 6,000 II. Competitive Bids Received (i) Number 82 58 85 (ii) Amount 21,206.000 9,882.000 16,682.000 III. Cut-off price / Yield 98.6416 97.2125 94.3765 (YTM: 5.5236%) (YTM: 5.7506%) (YTM: 5.9750%) IV. Competitive Bids Accepted (i) Number 58 42 58 (ii) Amount 11,400.000 5,700.000 5,700.000 V. Partial Allotment Per...
MUMBAI, India, May 20 -- Reserve Bank of India issued the following press release: T-Bill 91-Day 182-Day 364-Day I. Total Face Value Notified ₹12,000 Crore ₹6,000 Crore ₹6,000 Crore II. Cut-off Price(₹) and Implicit Yield at Cut-Off Price 98.6416 (YTM: 5.5236%) 97.2125 (YTM: 5.7506%) 94.3765 (YTM: 5.9750%) III. Total Face Value Accepted ₹12,000 Crore ₹6,000 Crore ₹6,000 Crore Ajit Prasad Deputy General Manager (Communications) Press Release: 2026...