MUMBAI, India, Nov. 6 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru vide Directive No. DoS.CO.UCB.BSD-III.D-2/12.23.283/2019-20 dated January 02, 2020, for a period of six months up to close of business on July 10, 2020. The Reserve Bank of India is satisfied that in the public interest, it is necessary t...
MUMBAI, India, Nov. 6 -- Reserve Bank of India issued the following press release: (Amount in ₹ Crore) Auction Results 7.06% GS 2041 7.43% GS 2076 I. Notified Amount 23,000 13,000 II. Competitive Bids Received (i) Number 387 144 (ii) Amount 52,879.800 20,751.000 III. Cut-off price (₹) / Yield 97.07 95.70 (YTM: 7.3881%) (YTM: 7.7708%) IV. Competitive Bids Accepted (i) Number 144 107 (ii) Amount 22,919.964 12,991.893 V. Partial Allotment Percentage of Competitive Bids 32.5634% 24....
MUMBAI, India, Nov. 6 -- Reserve Bank of India issued the following press release: 7.06% GS 2041 7.43% GS 2076 I. Notified Amount ₹23,000 crore ₹13,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 97.07/7.3881% 95.70/7.7708% III. Amount accepted in the auction ₹23,000 crore ₹13,000 crore IV. Devolvement on Primary Dealers NIL NIL Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1458 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Nov. 6 -- Reserve Bank of India issued the following press release: Tenor 3-day Notified Amount (in ₹ crore) 25,000 Total amount of offers received (in ₹ crore) 18,133 Amount accepted (in ₹ crore) 18,133 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1457 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Nov. 6 -- Reserve Bank of India issued the following press release: In the underwriting auction conducted on November 06, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rate for underwriting commission payable to Primary Dealers as given below: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitive...
MUMBAI, India, Nov. 6 -- 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) 7,89,757.11 5.55 3.50-5.85 I. Call Money 14,431.90 5.63 4.30-5.75 II. Triparty Repo 5,72,289.15 5.53 5.00-5.70 III. Market Repo 1,95,543.41 5.61 3.50-5.80 IV. Repo in Corporate Bond 7,492.65 5.71 5.55-5.85 B. Term Segment I. Notice Money** 220.90 5.56 ...
India, Nov. 4 -- The Government of India has issued a release: "The PM Surya Ghar: Muft Bijli Yojana has truly transformed into a mass movement, ultimately ensuring welfare and savings for the people, the states, and the entire country", said Union Minister for New and Renewable Energy, Education and Consumer Affairs, Food and Public Distribution, Shri Pralhad Joshi at a fireside chat during the 3rd day of a Bharat Renewable Energy Summit & Expo 2026 here today. Union Minister Shri Joshi highl...
India, Nov. 4 -- The Government of India has issued a release: Department of Pension and Pensioners' Welfare (DoPPW), participated in the Nationwide Digital Life Certificate (DLC) Mega Camp 5 organised by North Central Railway, Prayagraj Division, in association with the State Bank of India (SBI), at the Divisional Railway Manager's Office, Prayagraj, today. During his visit, Shri Dhrubajyoti Sengupta, Joint Secretary, DoPPW interacted with pensioners and officials and encouraged pensioners to...
India, Nov. 4 -- The Government of India has issued a release: The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the Viability Gap Funding (VGF) Scheme for Development of Grid-Scale Energy Storage Systems, with a total financial support of Rs.14,500 crore for the period FY 2026-27 to FY 2030-31. The scheme aims to support the development of 92 GWh of, yet to be commissioned; energy storage capacity across the country. The scheme will support creation of new capac...
India, Nov. 4 -- The Government of India has issued a release: Indian Railways continued its strong operational performance during October 2026, registering robust growth in freight transportation. Higher freight loading and increased freight earnings reflect Indian Railways' efforts towards supporting economic growth and strengthening the country's logistics sector. Freight Loading Registers Robust Growth Indian Railways achieved its highest-ever freight loading for October, transporting 145...