RBI CANCELS THE LICENCE OF THE YASHWANT CO-OPERATIVE BANK LTD., PHALTAN

MUMBAI, India, May 19 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI), vide order dated May 18, 2026, has cancelled the licence of "The Yashwant Co-operative Bank Ltd., Phaltan", under Section 22 read with Section 56 of the Banking Regulation Act, 1949 (BR Act). Consequently, the bank ceases to carry on banking business, with effect from the close of business on May 19, 2026. The Commissioner for Cooperation and Registrar of Cooperative Societies, Ma...


RESULT OF YIELD/ PRICE BASED AUCTION OF STATE GOVERNMENT SECURITIES

MUMBAI, India, May 19 -- Reserve Bank of India issued the following press release: Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1 Andhra Pradesh 1000 1000 98.95/7.8086 Re-issue of 7.63% Andhra Pradesh SGS 2034, issued on April 22, 2026 1800 1800 98.93/7.9082 Re-issue of 7.79% Andhra Pradesh SGS 2042, issued on April 22, 2026 1800 1800 98.88/7.9073 Re-issue of 7.81% Andhra Pradesh SGS 2056, issued on April 22...


MONEY MARKET OPERATIONS AS ON MAY 18, 2026

MUMBAI, India, May 19 -- 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) 7,60,802.84 5.08 3.00-6.00 I. Call Money 17,303.29 5.18 4.60-5.25 II. Triparty Repo 5,61,403.90 5.07 4.76-5.25 III. Market Repo 1,75,939.15 5.09 3.00-5.80 IV. Repo in Corporate Bond 6,156.50 5.18 5.15-6.00 B. Term Segment I. Notice Money** 139.35 5.03 ...


Roadmap of India-Netherlands Strategic Partnership (2026-2030)

India, May 17 -- The Government of India has issued a release: Prime Minister of India Shri Narendra Modi and Prime Minister of the Netherlands Mr Rob Jetten during their meeting at the Hague on 16 May 2026 agreed to elevate the India-Netherlands bilateral relationship to a Strategic Partnership by following focused, time bound initiatives and joint plans of action. To this end, India and the Netherlands adopted the Roadmap of India-Netherlands Strategic Partnership for the next 5 years (2026-2...


India-Netherlands Joint Statement on the visit of Prime Minister of India to Netherlands

India, May 17 -- The Government of India has issued a release: At the invitation of the Prime Minister of the Netherlands, Mr. Rob Jetten, Prime Minister Shri Narendra Modi paid an official visit to the Netherlands on 16-17 May 2026. This marked Prime Minister Modi's second visit to Netherlands. In the morning of May 16, Prime Minister Modi was hosted by Their Majesties King Willem Alexander and Queen Maxima of the Netherlands at the Royal Palace Huis ten Bosch in the Hague for a bilateral mee...


Prime Minister visits Afsluitdijk Dam

India, May 17 -- The Government of India has issued a release: MJPS/SS/VJ Disclaimer: Curated by HT Syndication....


Prime Minister receives the Royal Order of the Polar Star, Degree Commander Grand Cross in Sweden

India, May 17 -- The Government of India has issued a release: In a special ceremony hosted in Gothenburg, Her Royal Highness Crown Princess Victoria of Sweden conferred upon Prime Minister Shri Narendra Modi the 'Royal Order of the Polar Star, Degree Commander Grand Cross,' one of Sweden's oldest and most distinguished honours, instituted in the 18th century. The award is Sweden's highest honour conferred on foreign Heads of Government in recognition of exceptional public service and contribut...


Prime Minister and Prime Minster of Sweden exchange special gifts celebrating the shared cultural legacy of Rabindranath Tagore

India, May 17 -- The Government of India has issued a release: The Prime Minister of Sweden, H.E. Mr. Ulf Kristersson and Prime Minister Shri Narendra Modi exchanged special commemorative gifts to celebrate the legacy of Nobel Laureate Gurudev Rabindranath Tagore. The gift from Prime Minister Kristersson comprised a box containing two replicas of hand-written epigrams by Gurudev Rabindranath Tagore, accompanied by a small explanatory text and a photograph of Gurudev Tagore taken in 1921 during...


English translation of Prime Minister's Press Statement at the European Round Table for Industry

India, May 17 -- The Government of India has issued a release: Your Excellency, Prime Minister Kristersson, Your Excellency, Ursula, Delegates from both countries, Friends from the media, Namaskaar! First of all, I sincerely thank Prime Minister Kristersson for his warm welcome. A short while ago, I was conferred with Sweden's highest honour, the Royal Order of the Polar Star. This honour is not just mine; it is an honour for 1.4 billion Indians. It is also a tribute to all our friends in Sw...


Union Railway Minister Shri Ashwini Vaishnaw Flags Off Bengaluru-Mumbai Express Train Strengthening Rail Connectivity Between Karnataka and Maharashtra

India, May 17 -- The Government of India has issued a release: The Union Railway Minister, Shri Ashwini Vaishnaw virtually flagged off an express train between Bengaluru - Mumbai today, marking a major step in strengthening connectivity between Karnataka and Maharashtra. Sh. Vaishnaw stated that long-pending demands of South & North Karnataka are now being fulfilled. Further, he announced that the Vande Bharat Sleeper service between Bengaluru and Mumbai is expected to start soon. Highlighti...