MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following press release: The Basic Savings Bank Deposit (BSBD) account was introduced as a savings bank account which offers certain minimum facilities, free of charge, to the holders of such accounts with an objective of deepening financial inclusion. Access to financial services has improved significantly in recent years. However, the ongoing digitalisation of the banking sector requires a BSBD account that is in sync with the customer...
MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (re-issue) of Government Security, as detailed below, through auction to be held on December 05, 2025 (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 Deale...
MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 72,377 Amount accepted (in ₹ crore) 72,377 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.48 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1623 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Dec. 4 -- 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) 6,64,238.43 5.22 4.75-6.70 I. Call Money 18,928.82 5.35 4.75-5.60 II. Triparty Repo 3,96,732.70 5.17 5.01-5.25 III. Market Repo 2,45,396.41 5.30 4.85-5.50 IV. Repo in Corporate Bond 3,180.50 5.39 5.35-6.70 B. Term Segment I. Notice Money** 314.75 5.37 ...
MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following notification: RBI/DOR/2025-26/111 DOR.FIN.REC.No.318/20.16.056/2025-26 December 04, 2025 Reserve Bank of India (Small Finance Banks - Credit Information Reporting) Amendment Directions, 2025 The Reserve Bank had issued Reserve Bank of India (Small Finance Banks - Credit Information Reporting) Directions, 2025 for efficient functioning of credit information reporting system in the country. There is a need to further amend th...
MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following notification: RBI/DOR/2025-26/122 DOR.LIC.REC.No.328/07-01-000/2025-26 December 04, 2025 Reserve Bank of India (Rural Co-operative Banks - Branch Authorisation) Repeal Directions, 2025 The Reserve Bank of India being satisfied that it is necessary and expedient in the public interest to do so, hereby repeals the Reserve Bank of India (Rural Co-operative Banks - Branch Authorisation) Directions, 2025 (DoR.LIC.REC.No.215/07-0...
India, Dec. 2 -- The Government of India has issued a release: The Vice-President of India, Shri C. P. Radhakrishnan, delivered a special video message on the occasion of the fourth edition of the Kashi Tamil Sangamam, celebrating the enduring cultural bond between Kashi and Tamil Nadu. The Vice-President noted that since the launch of the Kashi Tamil Sangamam in 2022 during the Azadi Ka Amrit Mahotsav, the initiative has grown into a major national platform that brings together the culture of...
India, Dec. 2 -- The Government of India has issued a release: The Indian Navy will celebrate Navy Day 2025 with a grand Operational Demonstration (Op Demo 2025) off Shangumugham Beach, Thiruvananthapuram on 03 Dec 2025. The Hon'ble President of India and Supreme Commander of the Armed Forces, Smt. Droupadi Murmu, will grace the occasion as the Chief Guest. The event will be hosted by Admiral Dinesh K Tripathi, Chief of the Naval Staff. The demonstration will also be witnessed by the Hon'ble Go...
India, Dec. 2 -- The Government of India has issued a release: S. No. State Cropped Area affected (in lakh ha.) 1 Andhra Pradesh 1.506 2 Arunachal Pr. 0.072 3 Assam 0.41 4 Bihar 0 5 Chhattisgarh 0.0068 6 Goa 0 7 Gujarat 0 8 Haryana 4.32 9 Himachal Pr. 0.32 10 Jharkhand 0.0017 11 Karnataka 14.81 12 Kerala 0 13 Madhya Pr. 0 14 Maharashtra 75.42 15 Manipur 0.039 16 Meghalaya 0.065 17 Mizoram 0 18 Nagaland 0.0058 19 Odisha 0.29 20 Punjab ...
India, Dec. 2 -- The Government of India has issued a release: The National Mission on Natural Farming (NMNF) was approved by the Union Cabinet on 25.11.2024 to promote Natural Farming across the country. Natural Farming is a chemical free farming, involving livestock integrated natural farming methods and diversified crop systems rooted in the Indian traditional knowledge. It aims to improve soil health, restoring ecosystems and reducing input cost to the farmers. The mission target is 15,000...