MUMBAI, India, March 23 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated March 16, 2026, imposed a monetary penalty of ₹30,000/- (Rupees Thirty Thousand Only) on Vedvyas Finance Private Limited, Odisha (Company) for non-compliance with certain -directions issued by RBI on 'Governance'. This penalty has been imposed in exercise of powers conferred on RBI under Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Ba...
MUMBAI, India, March 23 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated March 11, 2026, imposed a monetary penalty of ₹30,000/- (Rupees Thirty Thousand only) on Loknete R.D. Appa, Kshirsagar Sahakari Bank Ltd., Niphad, Maharashtra (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 contravention of...
MUMBAI, India, March 23 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated March 17, 2026, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Pali District Central Co-operative Bank Ltd., Rajasthan (the bank) for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1...
MUMBAI, India, March 23 -- Reserve Bank of India issued the following press release: As per Section 45ZI of Reserve Bank of India Act, 1934, it has been decided that the Monetary Policy Committee will meet during the 2026-27 on the dates indicated below: Dates of meetings of Monetary Policy Committee for 2026-27 April 6, 7 and 8, 2026 June 3, 4 and 5, 2026 August 3, 4 and 5, 2026 October 5, 6 and 7, 2026 December 2, 3 and 4, 2026 February 3, 4 and 5, 2027 (Brij Raj) Chief General Manager Pre...
MUMBAI, India, March 23 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the March 2026 issue of its monthly Bulletin. The Bulletin includes three speeches, one article and current statistics. The article is on the State of the Economy. State of the Economy The conflict in Middle East and fresh trade investigations by the US have resulted in increased volatility in the global markets. The second advance estimates of GDP for 2025-26 indicate sustai...
MUMBAI, India, March 23 -- 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) 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...
MUMBAI, India, March 23 -- 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) 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...
MUMBAI, India, March 23 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 1,00,000 Total amount of bids received (in ₹ crore) 79,256 Amount allotted (in ₹ crore) 79,256 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/2302 Disclaimer: Curated by HT Syndication....
MUMBAI, India, March 23 -- 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) 6,90,151.38 5.30 3.00-6.40 I. Call Money 17,022.04 5.34 4.50-5.45 II. Triparty Repo 4,73,087.20 5.31 4.85-5.51 III. Market Repo 1,94,017.94 5.26 3.00-5.60 IV. Repo in Corporate Bond 6,024.20 5.47 5.40-6.40 B. Term Segment I. Notice Money** 197.50 5.3...
SHILLONG, India, March 21 -- Meghalaya High Court issued the following judgment/order on Feb. 19: Mr. J.N. Rynjah, learned GA for the respondents Nos. 5 to 8, prays for and is allowed 1(one) weeks' time to file a short affidavit. List this matter on 06.03.2026. Disclaimer: Curated by HT Syndication....