RBI TO CONDUCT OVERNIGHT VARIABLE RATE REVERSE REPO (VRRR) AUCTION UNDER LAF ON SEPTEMBER 30, 2026

MUMBAI, India, Sept. 29 -- 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 Wednesday, September 30, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,00,000 1 09:30 AM to 10:00 AM October 01, 2026 (Thursday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Re...


REPORT OF THE ADVISORY COMMITTEE ON WAYS AND MEANS ADVANCES TO STATE GOVERNMENTS

MUMBAI, India, Sept. 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has today placed on its website the Report of the Advisory Committee on Ways and Means Advances (WMA) to State Governments. The Reserve Bank had constituted an Advisory Committee, under the Chairmanship of Shri I S N Prasad, former Additional Chief Secretary, Government of Karnataka. The terms of reference of the Advisory Committee included, inter alia, review of State-wise WMA limits...


RESULT OF THE SECOND OVERNIGHT VARIABLE RATE REVERSE REPO (VRRR) AUCTION HELD ON SEPTEMBER 29, 2026

MUMBAI, India, Sept. 29 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 33,770 Amount accepted (in ₹ crore) 33,770 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1208 Disclaimer: Curated by HT Syndication....


RBI TO CONDUCT SECOND OVERNIGHT VARIABLE RATE REVERSE REPO (VRRR) AUCTION UNDER LAF ON SEPTEMBER 29, 2026

MUMBAI, India, Sept. 29 -- 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 second Variable Rate Reverse Repo (VRRR) auction on Tuesday, September 29, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 1 11:30 AM to 12:00 Noon September 30, 2026 (Wednesday) 2. The operational guidelines for the auction as given in the Reserve Bank'...


RESULT OF THE OVERNIGHT VARIABLE RATE REVERSE REPO (VRRR) AUCTION HELD ON SEPTEMBER 29, 2026

MUMBAI, India, Sept. 29 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 2,00,000 Total amount of offers received (in ₹ crore) 1,19,048 Amount accepted (in ₹ crore) 1,19,048 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1206 Disclaimer: Curated by HT Syndication....


MONEY MARKET OPERATIONS AS ON SEPTEMBER 28, 2026

MUMBAI, India, Sept. 29 -- 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) 7,42,309.96 5.06 4.00-5.40 I. Call Money 17,367.62 5.11 4.00-5.25 II. Triparty Repo 5,37,826.35 5.05 4.40-5.21 III. Market Repo 1,80,312.59 5.09 4.00-5.40 IV. Repo in Corporate Bond 6,803.40 5.25 5.21-5.40 B. Term Segment I. Notice Money** 501.00 5.1...


Vice-President C. P. Radhakrishnan to visit Keralam on September 27

India, Sept. 26 -- The Government of India has issued a release: Vice-President Shri C. P. Radhakrishnan will undertake a one-day visit to Keralam on September 27, 2026. During his visit, the Vice-President will participate in the Vishwa Seva Dinam celebrations at Mata Amritanandamayi Math, Kollam, being organised on the occasion of the 73rd birthday of Mata Amritanandamayi. The programme will also feature the annual celebrations and the launch of several humanitarian initiatives. The Vice-Pr...


Prime Minister congratulates Sawan Barwal on winning historic Silver medal in Men's Marathon at Asian Games

India, Sept. 26 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi today congratulated Sawan Barwal on winning a historic Silver medal in the Men's Marathon at the Asian Games. The Prime Minister stated that this achievement, marking a new National Record and India's first medal in this event in over four decades, is even more special as it is the country's first-ever Asian Games marathon medal won outside India. Shri Modi noted that his endurance and determinat...


Prime Minister congratulates Prachi Choudhary on winning Bronze medal in Women's 400m at Asian Games

India, Sept. 26 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi today congratulated Prachi Choudhary on winning the Bronze medal in the Women's 400m event at the Asian Games. The Prime Minister stated that her excellent run has earned India a memorable place on the podium. Shri Modi further extended his wishes, hoping for the very best in her endeavours ahead. In a post on X, the Prime Minister shared: "Congratulations to Prachi Choudhary on winning the B...


Prime Minister congratulates Tajinderpal Singh on winning Silver medal in Men's Shot Put at Asian Games

India, Sept. 26 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi today congratulated Tajinderpal Singh on his splendid performance, winning the Silver medal in the Men's Shot Put at the Asian Games with an impressive throw. The Prime Minister stated that Tajinderpal has consistently brought laurels to the nation through his focus and perseverance. Shri Modi noted that another Asian Games medal is a fitting addition to his remarkable journey and wished him many...