MUMBAI, India, July 28 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated July 21, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Batlagundu Co-operative Urban Bank Limited, Tamil Nadu (the bank) for non-compliance with certain directions issued by RBI on 'Prudential Norms on Capital Adequacy - Primary (Urban) Co-operative Banks (UCBs)' and specific directions issued by RBI under 'Supervisory Actio...
MUMBAI, India, July 28 -- Reserve Bank of India issued the following press release: The Reserve Bank has released the draft Master Direction on Business Authorization for Co-operative Banks. The comments on the draft Directions are invited from public/stakeholders till August 25, 2025. Comments/feedback may be submitted through the respective link under the 'Connect 2 Regulate' Section available on the RBI's website or may alternatively be forwarded to: The Chief General Manager Registration ...
MUMBAI, India, July 28 -- 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) 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 in Corporate Bon...
MUMBAI, India, July 28 -- 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) 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 in Corporate Bon...
MUMBAI, India, July 28 -- 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) 6,00,423.27 5.35 4.75-6.40 I. Call Money 17,742.32 5.39 4.75-5.45 II. Triparty Repo 3,88,181.05 5.32 5.20-5.40 III. Market Repo 1,92,068.35 5.39 5.00-5.50 IV. Repo in Corporate Bond 2,431.55 5.58 5.50-6.40 B. Term Segment I. Notice Money** 438.50 5.46 4.85-5.50 II. T...
India, July 27 -- The Government of India issued the following news release: The Prime Minister, Shri Narendra Modi has congratulated Divya Deshmukh on becoming FIDE Women's World Chess Champion 2025. "Koneru Humpy has also displayed immense prowess throughout the championship. Best wishes to both players for their future endeavours", Shri Modi stated. The Prime Minister posted on X: "A historic final featuring two outstanding Indian chess players! Proud of the young Divya Deshmukh on becom...
India, July 27 -- The Government of India issued the following news release: The National Human Rights Commission (NHRC), in collaboration with the Dr. Ram Manohar Lohia Chair, Department of Sociology, University of Lucknow, successfully organised a National Symposium on 'Women's Safety at Work and Public Spaces' on 26th July, 2025. This marked the second national symposium on this critical subject, following the inaugural symposium held on 9th September, 2024. The initiative comes in the wake ...
India, July 27 -- The Government of India issued the following news release: The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, today expressed heartfelt appreciation for Prime Minister Shri Narendra Modi's latest edition of 'Mann Ki Baat', calling it a wonderful platform of inspiration and learning that celebrates India's vibrant spirit of nation-building and environmental sensitivity. Speaking in response to the Prime Minister's address, Shri Sarbananda Sonowal sai...
India, July 27 -- The Government of India issued the following news release: Prime Minister Shri Narendra Modi inaugurated the Udhampur-Srinagar-Baramulla Railway Link project with Chenab and Anji bridges on 06th June 2025. It is a historic milestone in establishing connectivity between the Kashmir valley and Jammu. Vande Bharat Express train between Katra and Srinagar has become an important mode of transportation on this route. Track maintenance: Over and above the new train services, openi...
India, July 27 -- The Government of India issued the following news release: The third convocation of Gati Shakti Vishwavidyalaya was held in Vadodara today. Raksha Mantri Shri Rajnath Singh joined the function virtually as the chief guest. Addressing the event, Shri Rajnath Singh said that India is witnessing unprecedented transformation in its infrastructure and logistics sectors, which is laying a strong foundation for the country's economic development. Further describing the logistics se...