MUMBAI, India, Sept. 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated September 17, 2025, imposed a monetary penalty of ₹3.75 lakh (Rupees Three lakh seventy five thousand only) on Bharat Co-operative Bank (Mumbai) Limited (the bank), for non-compliance with certain directions issued by RBI on 'Reporting of Unusual Cyber Security Incidents'. This penalty has been imposed in exercise of powers conferred on RBI under the ...
MUMBAI, India, Sept. 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of July 2025. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1118 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Sept. 18 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on September 19, 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...
MUMBAI, India, Sept. 18 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 06-Sep-2024 22-Aug-2025* 05-Sep-2025* 06-Sep-2024 22-Aug-2025* 05-Sep-2025* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 298116.19 346928.84 322142.98 302401.77 354508.87 329710.26** b) Borrowings from banks 128865.30 100383.06 96816.68 129153.89 100411.43 96885.30 c) Ot...
MUMBAI, India, Sept. 18 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 45,783 Amount allotted (in ₹ crore) 25,006 Cut off Rate (%) 5.51 Weighted Average Rate (%) 5.52 Partial Allotment Percentage of bids received at cut off rate (%) 44.58 Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1115 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Sept. 18 -- 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 Thursday, September 18, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 25,000 1 10:15 AM to 10:45 AM September 19, 2025 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Relea...
MUMBAI, India, Sept. 18 -- 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) 6,62,665.77 5.45 3.00-6.55 I. Call Money 22,370.32 5.47 4.75-5.65 II. Triparty Repo 4,37,538.75 5.44 5.20-5.75 III. Market Repo 1,99,471.15 5.45 3.00-5.75 IV. Repo in Corporate Bond 3,285.55 5.66 5.55-6.55 B. Term Segment I. Notice Money** 349.30 5.36 5.00-5.45 II. ...
RANCHI, India, Sept. 17 -- Jharkhand High Court issued the following order on Aug. 18: 1. Heard the parties. 2. In this writ petition, the petitioner has prayed for a direction upon the respondents to pay the arrears of salary as per the 5th, 6th & 7th Pay Revision Commission in the Pay-Scale of Rs.12000-420-18300. 3. It is the case of the petitioner that the issue is no longer res integra and has already been decided by this Court and affirmed by the Hon'ble Division Bench of this Court wh...
RANCHI, India, Sept. 17 -- Jharkhand High Court issued the following order on Aug. 18: 1. Heard the parties. 2. The petitioner in this writ petition prays for grant of approval of the pay-scale in terms of the recommendation of the University Grant Commission in the revised pay-scale pursuant to the report of the 5th Pay Revision Committee and thereafter 6th and 7th Pay Revision Committee. 3. It is the case of the petitioner that though the services of the petitioner was approved by the Ran...
RANCHI, India, Sept. 17 -- Jharkhand High Court issued the following order on Aug. 18: 1. The petitioner is claiming revision of his pension and payment of arrears thereafter. 2. It is his claim that after adoption of report of 6 th and 7th Pay Commission, pension of the petitioner has not been revised nor the arrears have been paid. He further submits that the petitioner has superannuated on 30.04.2001 from Dudhimati Primary School, Chandwa as the Assistant Teacher. 3. His contention is th...