MUMBAI, India, Nov. 13 -- 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 Friday, November 14, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 3 9:30 AM to 10:00 AM November 17, 2025 (Monday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Relea...
MUMBAI, India, Nov. 13 -- Reserve Bank of India issued the following press release: Reserve Bank of India had on July 30, 2025, imposed All Inclusive Directions (AID) on Irinjalakuda Town Co-operative Bank Ltd. The Reserve Bank subsequently superseded the bank's Board for a period of 12 months and appointed an Administrator and a Committee of Advisors (CoA) as announced vide Press Release dated October 07, 2025. Shri T.A. Mohammed Sageer, Member of CoA, has expressed his inability to continue ...
MUMBAI, India, Nov. 13 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated November 11, 2025, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The Mettupalayam Co-operative Urban Bank Limited, Tamil Nadu (the bank) for non-compliance with certain directions issued by RBI on 'Loans and advances to directors, their relatives, and firms /concerns in which they are interested' and 'Exposure Norms ...
MUMBAI, India, Nov. 13 -- 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 auction to be held on November 14, 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 De...
MUMBAI, India, Nov. 13 -- 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) 6,24,516.23 5.20 3.00-6.30 I. Call Money 16,851.58 5.34 4.80-5.40 II. Triparty Repo 3,95,862.70 5.16 5.01-5.25 III. Market Repo 2,07,639.45 5.26 3.00-5.60 IV. Repo in Corporate Bond 4,162.50 5.38 5.32-6.30 B. Term Segment I. Notice Money** 226.50 5.31...
MUMBAI, India, Nov. 13 -- Reserve Bank of India issued the following notification: RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE Mumbai 400 001 Notification No. FEMA 23(R)/(7)/2025-RB November 13, 2025 Foreign Exchange Management (Export of Goods and Services) (Second Amendment) Regulations, 2025 In exercise of the powers conferred by Section 7, Section 8 and sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of I...
JABALPUR, India, Nov. 12 -- Madhya Pradesh High Court issued the following Oct. 13: I.A. No.19487/2025. By this application, petitioner seeks leave to withdraw the petition with liberty to file afresh contending that there are certain omissions and technical defects in the petition. In view of the above, petition is dismissed as withdrawn with liberty as prayed for. Disclaimer: Curated by HT Syndication....
JABALPUR, India, Nov. 12 -- Madhya Pradesh High Court issued the following Oct. 13: I.A. No.19487/2025. By this application, petitioner seeks leave to withdraw the petition with liberty to file afresh contending that there are certain omissions and technical defects in the petition. In view of the above, petition is dismissed as withdrawn with liberty as prayed for. Disclaimer: Curated by HT Syndication....
JABALPUR, India, Nov. 12 -- Madhya Pradesh High Court issued the following Oct. 13: I.A. No.19487/2025. By this application, petitioner seeks leave to withdraw the petition with liberty to file afresh contending that there are certain omissions and technical defects in the petition. In view of the above, petition is dismissed as withdrawn with liberty as prayed for. Disclaimer: Curated by HT Syndication....
JABALPUR, India, Nov. 12 -- Madhya Pradesh High Court issued the following Oct. 13: 1. This order will dispose of W.P.Nos.4298/2024, 6124/2024, 14298/2024, 9741/2025, 11080/2025 and 20603/2025 as the issue involved in all these petitions are in respect of the appointment of Guest Faculty Teachers against vacant posts of Assistant Professor. 2. In W.P.No.4298/2024, 9741/2025, 11080/2025, 20603/2025, the petitioners have challenged Clause 10.4 of the guidelines issued by the State Government fo...