RBI TO CONDUCT 2-DAY VARIABLE RATE REVERSE REPO (VRRR) AUCTION UNDER LAF ON AUGUST 06, 2025

MUMBAI, India, Aug. 6 -- Reserve Bank of India issued the following press release: On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Wednesday, August 06, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 2 11:15 AM to 11:45 AM August 08, 2025 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Releas...


STATEMENT ON DEVELOPMENTAL AND REGULATORY POLICIES

MUMBAI, India, Aug. 6 -- Reserve Bank of India issued the following press release: This Statement sets out the developmental and regulatory policy measures relating to (i) Regulation; (ii) Financial Markets. I. Regulation 1. Standardisation of procedure for settlement of claims in respect of deposit accounts of deceased customers of banks Under the provisions of Banking Regulation Act, 1949, nomination facility is available in respect of deposit accounts, articles kept in safe custody or saf...


GOVERNOR'S STATEMENT: AUGUST 6, 2025

MUMBAI, India, Aug. 6 -- Reserve Bank of India issued the following press release: Namaskar and greetings to all in this month of Raksha Bandhan, Independence Day, Janmashtami, Parsi New Year and Ganesh Chaturthi. May this pious and auspicious month bring good luck to all of us and to our economy. The monsoon season has been progressing well. We are also approaching the festival season, which typically brings greater enthusiasm and buoyancy in economic activity. This favourable domestic settin...


MONEY MARKET OPERATIONS AS ON AUGUST 05, 2025

MUMBAI, India, Aug. 6 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,01,791.98 5.22 4.00-6.25 I. Call Money 15,815.00 5.36 4.75-5.45 II. Triparty Repo 3,94,438.90 5.20 4.75-5.30 III. Market Repo 1,88,662.53 5.26 4.00-6.00 IV. Repo in Corporate Bond 2,875.55 5.43 5.37-6.25 B. Term Segment I. Notice Money** 189.00 5.34 5.05-5.40 II. Te...


RBI INVITES COMMENTS ON THE DRAFT CIRCULAR ON 'RESERVE BANK OF INDIA (SETTLEMENT OF CLAIMS IN RESPECT OF DECEASED CUSTOMERS OF BANKS) DIRECTIONS, 2025'

MUMBAI, India, Aug. 6 -- Reserve Bank of India issued the following press release: In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated August 06, 2025 regarding the review of extant regulatory guidelines on settlement of claims in respect of deceased depositors, Reserve Bank has released today the draft circular in this regard. Comments/ feedback by the stakeholders and members of public on the draft circular may be submitted through the respec...


GAUHATI HIGH COURT ISSUES ORDER ON MAMUD ALI V/S THE STATE OF ASSAM AND ANR CASE

GUWAHATI, India, Aug. 5 -- Gauhati High Court issued the following order on July 10: Let the matter be listed on 16.07.2025, so as to enable the learned Additional Public Prosecutor to produce the service report on the informant. Mr. K. Baishya, learned Additional Public Prosecutor is present. Disclaimer: Curated by HT Syndication....


GAUHATI HIGH COURT ISSUES ORDER ON SRI PROSENJIT BARMAN V/S THE STATE OF ASSAM AND ANR CASE

GUWAHATI, India, Aug. 5 -- Gauhati High Court issued the following order on July 10: None appears for the petitioner on call. Mr. R. R. Kashuik, learned Additional Public Prosecutor is present. List the matter after the Summer Vacation. Disclaimer: Curated by HT Syndication....


GAUHATI HIGH COURT ISSUES ORDER ON SRI PARESH TALUKDAR V/S THE STATE OF ASSAM CASE

GUWAHATI, India, Aug. 5 -- Gauhati High Court issued the following order on July 10: List this matter on 16.07.2025, so as to enable the learned Additional Public Prosecutor to produce the case diary. Disclaimer: Curated by HT Syndication....


GAUHATI HIGH COURT ISSUES ORDER ON MD MONIR UDDIN V/S THE STATE OF ASSAM CASE

GUWAHATI, India, Aug. 5 -- Gauhati High Court issued the following order on July 10: Let the scanned copy of the case diary be produced on 18.07.2025. Disclaimer: Curated by HT Syndication....


GAUHATI HIGH COURT ISSUES ORDER ON NILAY KUMAR V/S THE STATE OF ASSAM CASE

GUWAHATI, India, Aug. 5 -- Gauhati High Court issued the following order on July 10: Upon instruction, Mr. B. Kardong, learned counsel for the petitioner submits that during the pendency of this pre-arrest bail application, the petitioner has been arrested. Accordingly, the matter has become infructuous. Ms. S.H. Borah, learned APP is present. Accordingly, the matter stands dismissed as the matter has become infructuous. Disclaimer: Curated by HT Syndication....