India, Oct. 8 -- The Government of India has issued a release: The National Human Rights Commission (NHRC), India has taken suo motu cognizance of a media report that in Kiratpur of Darbhanga district in Bihar, a Government Primary School roof continues to be temporarily supported by wooden benches, desks and bricks underneath after the main pillar holding it had collapsed three to four months ago. Reportedly, it is a risk to the safety of about 191 students and school staff. The Commission ha...
MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following notification: RBI/2026-27/290 DoR.RET.REC.247/12.01.001/2026-27 October 09, 2026 All Scheduled Banks, Madam / Sir, Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement The scheduled banks are allowed to maintain minimum Cash Reserve Ratio (CRR) of not less than 90 percent of the required CRR on all days during the reporting fortnight, in such a manner that the...
MUMBAI, India, Oct. 9 -- 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) 7,20,296.56 5.27 4.00-6.00 I. Call Money 12,824.15 5.30 4.75-5.50 II. Triparty Repo 5,09,481.60 5.26 5.06-5.40 III. Market Repo 1,92,957.31 5.30 4.00-6.00 IV. Repo in Corporate Bond 5,033.50 5.43 5.38-5.70 B. Term Segment I. Notice Money** 194.75 5.21 ...
MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: In the underwriting auction conducted on October 09, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rate for underwriting commission payable to Primary Dealers as given below: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitive ...
MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: Tenor 10-day Notified Amount (in ₹ crore) 1,50,000 Total amount of offers received (in ₹ crore) 18,170 Amount accepted (in ₹ crore) 18,170 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1291 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Oct. 9 -- 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 second Variable Rate Reverse Repo (VRRR) auction on Friday, October 09, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,50,000 3 11:00 AM to 11:30 AM October 12, 2026 (Monday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Rel...
MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: Tenor 3-day Notified Amount (in ₹ crore) 1,50,000 Total amount of offers received (in ₹ crore) 1,39,847 Amount accepted (in ₹ crore) 1,39,847 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1293 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: The following ten Non-Banking Financial Companies (NBFCs) have surrendered their Certificates of Registration (CoRs) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934 ('the RBI Act), has therefore cancelled these CoRs. i) Due to exit from Non-Banking Financial Institution (NBFI) business Sr. No. Name ...
MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Cancellation Order Date 1 Nakodar Finance Private Limited 8th Floor, SKCL Tech Square, Plot No.SP14, Thiru Vi Ka Industrial Estate, Guin...
MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: 7.06% GS 2041 7.43% GS 2076 I. Notified Amount ₹23,000 crore ₹13,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 96.18/7.4898% 95.33/7.8015% III. Amount accepted in the auction ₹23,000 crore ₹13,000 crore IV. Devolvement on Primary Dealers NIL NIL Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1296 Disclaimer: Curated by HT Syndication....