India, Aug. 21 -- The Government of India has issued a release: The National Financial Reporting Authority (NFRA) completed its sixth outreach programme at Ahmedabad recently, in a series of outreach programmes that commenced in 2025. The programme with the theme "Creating a Better Financial Reporting Ecosystem", was inaugurated by Nitin Gupta, Chairperson, NFRA and CA Prasanna Kumar D, President, of ICAI. With the focus on small and medium auditors and an aim to support in professional capac...
India, Aug. 21 -- The Government of India has issued a release: The Competition Commission of India (CCI/the Commission) passed an order dated 21.08.2026 under the provisions of Section 27 of the Competition Act, 2002 (the Act) imposing monetary and non-monetary sanctions on Agro Input Dealers Association (AIDA), Agro Input Welfare Association (AIWA), Mr. Manmohan C. Kalantri and Mr. Arvindbhai Jerambhai Patel for indulging in anti-competitive conduct of cartelisation. In this matter, the Comm...
MUMBAI, India, Aug. 24 -- 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 Reverse Repo (VRRR) auction on Tuesday, August 25, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,75,000 2 09:30 AM to 10:00 AM August 27, 2026 (Thursday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Release ...
MUMBAI, India, Aug. 24 -- Reserve Bank of India issued the following press release: The Central Government has appointed Shri Janmejaya Kumar Sinha, Shri Syed Akbaruddin and Ms. Annie George Mathew as part-time, Non-official Directors on the Central Board of Reserve Bank of India for a period of four years with effect from August 24, 2026 or until further orders, whichever is earlier. (Brij Raj) Chief General Manager Press Release: 2026-2027/960 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Aug. 24 -- Reserve Bank of India issued the following press release: Government of India (GoI) has announced the sale (re-issue) of one dated security for a notified amount of ₹34,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.94% GS 2036 May 11, 2036 34,000 F.No.4(1)-B(W&M)/2026 dated August 24, 2026 (https://rbidocs.rbi.org.in/rdocs/content/pdfs/GSEC240...
MUMBAI, India, Aug. 24 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) compiles the House Price Index (HPI) on a quarterly basis using transaction-level data received from the registration authorities. Today, the RBI released Real Sector > Prices & Wages.">1 the HPI for Q1:2026-27 with base year as 2022-23, covering eighteen major cities2. Highlights: * The All India HPI increased by 1.1 per cent and stood at 117.5 in Q1:2026-27 compared to previ...
MUMBAI, India, Aug. 24 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 20, 2026, imposed a monetary penalty of ₹1 lakh (Rupees One lakh only) on Vikas Souharda Co-operative Bank Limited, Hosapete, Karnataka (the bank) for non-compliance with certain directions issued by RBI on 'Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs'. This penalty has been imposed in exercise of powe...
MUMBAI, India, Aug. 24 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 20, 2026, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Pragathi Co-operative Bank Limited, Karnataka (the bank) for contravention of provisions of section 20 read with section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on 'Loans and advances to directors, their ...
MUMBAI, India, Aug. 24 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 20, 2026, imposed a monetary penalty of ₹2.50 lakh (Rupees Two lakh Fifty thousand only) on Shri Vijay Mahantesh Co-operative Bank Limited, Hungund, Karnataka (the bank) for non-compliance with certain directions issued by RBI on 'Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs' and 'Loans and advances to ...
MUMBAI, India, Aug. 24 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo ...