MUMBAI, India, July 21 -- Reserve Bank of India issued the following press release: The Certificate of Registration issued to the following Non-Banking Financial Company (NBFC) has been restored after considering the orders passed by the Appellate Authority/Courts. The NBFC is advised to adhere to the applicable provisions of the RBI Act, 1934, and guidelines/directions issued by the RBI including reporting requirements. Sr. No Name of the Company Registered Office Address CoR No. CoR restored...
MUMBAI, India, July 21 -- 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) 6,891.42 5.06 4.05-5.40 I. Call Money 897.80 5.00 4.75-5.40 II. Triparty Repo 5,887.85 5.07 4.60-5.28 III. Market Repo 105.77 4.60 4.05-5.25 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0....
MUMBAI, India, July 21 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No. 4(22)-B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series-V - Issue date January 22, 2019) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the next due date of premature redemption of the above tranche shall be on July 22, 2025. ...
MUMBAI, India, July 21 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated July 16, 2025, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Shahada Peoples Co-operative Bank Ltd., Shahada, Maharashtra (the bank), for non-compliance with certain directions issued by RBI on 'Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs'. This penalty has been imposed in exercise of po...
MUMBAI, India, July 21 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated July 16, 2025, imposed a monetary penalty of ₹6 lakh (Rupees Six Lakh only) on Motiram Agrawal Jalna Merchants Co-operative Bank Limited, Jalna, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on 'Loans and advances to directors, relatives and firms / concerns in which they are interested' and 'Limits on exposure to sing...
MUMBAI, India, July 21 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated July 18, 2025, imposed a monetary penalty of ₹20,000 (Rupees Twenty Thousand only) on Sahyadri Sahakari Bank Ltd., Mumbai, Maharashtra (the bank) for non-compliance with the specific directions issued by RBI under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A...
MUMBAI, India, July 21 -- Reserve Bank of India issued the following press release: The Reserve Bank has released the draft Master Direction on 'Digital Banking Channels Authorisation'. The comments on the draft Directions are invited from public/stakeholders till August 11, 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 and A...
MUMBAI, India, July 21 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated July 17, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Government Employees Co-operative Bank Limited, Dharwad, Karnataka (the bank) for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)' and 'Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)'. This penalty ha...
MUMBAI, India, July 21 -- Reserve Bank of India issued the following press release: A. Source Security 8.15% GS 2026 8.24% GS 2027 6.79% GS 2027 7.17% GS 2028 7.06% GS 2028 B. Notified Amount (in ₹ crore) 3,000 3,000 4,000 4,000 4,000 Destination Security 7.50% GS 2034 7.50% GS 2034 8.24% GS 2033 8.24% GS 2033 7.62% GS 2039 C. i. No. of offers received 10 16 19 36 10 ii. Total amount of Source Security offered (Face value, in ₹ crore) 5,127.476 4,222.559 6,423.207 12,122.059 4,530.0...
MUMBAI, India, July 21 -- 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...