MUMBAI, India, May 19 -- 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 Repo (VRR) auction on Wednesday, May 20, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,50,000 5 09:30 AM to 10:00 AM May 25, 2026 (Monday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022...
MUMBAI, India, May 19 -- Reserve Bank of India issued the following press release: Upon a review and to ensure greater consistency with the Basel Pillar 3 disclosure requirements, the Reserve Bank of India has today released the following draft Amendment Directions on Pillar 3 disclosure requirements: * Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Seventh Amendment Directions, 2026 * Reserve Bank of India (Small Finance Banks - Prudential Norms on Capita...
MUMBAI, India, May 19 -- Reserve Bank of India issued the following press release: The result of the auction of State Government Securities held on May 19, 2026, is as under: (Amount in ₹ Crore) ANDHRA SGS 2034 ANDHRA SGS 2042 ANDHRA SGS 2056 MAHARASHTRA SGS 2034 Notified Amount 1000 1800 1800 800 Tenor Re-issue of 7.63% ANDHRA SGS 2034 issued on 22-APR-2026 Re-issue of 7.79% ANDHRA SGS 2042 issued on 22-APR-2026 Re-issue of 7.81% ANDHRA SGS 2056 issued on 22-APR-2026 Re-issue of 7.55%...
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...
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...
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 ...
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, 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...
India, May 17 -- The Government of India has issued a release: MJPS/SS/VJ Disclaimer: Curated by HT Syndication....
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...