MUMBAI, India, July 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India had issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Shirpur Merchants' Co-operative Bank Ltd., Shirpur, Maharashtra, vide Directive No. CO.DOS.SED. No. S175/45-11-001/2024-2025 dated April 05, 2024, for a period of six months up to the close of business on October 08, 2024, as modified from time to time, which were last extended up to t...
MUMBAI, India, July 7 -- 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 Ramgarhia Co-operative Bank Limited, New Delhi vide Directive No. DEL.DOS.EXG_SSM.No.S515/12-10-013/2022-2023 dated July 07, 2022 for a period of 06 months up to close of business on January 08, 2023, which was last extended vide Directive No. DOR.MON.D-01/12.28.115/2025-26 dated April 04, 202...
MUMBAI, India, July 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has launched the 70th round of its Order Books, Inventories and Capacity Utilisation Survey (OBICUS). The survey is for the reference period April - June 2025 (Q1:2025-26). The Reserve Bank has been conducting the Order Books, Inventories and Capacity Utilisation Survey (OBICUS) of the manufacturing sector on a quarterly basis since 2008. The information collected in the survey includes...
MUMBAI, India, July 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 19, 2025 - May 23, 2025 All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 19-05-2025 4,257 2,217 782 401 241 215 20,7...
MUMBAI, India, July 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 13, 2025 - May 16, 2025 All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 13-05-2025 7,528 2,654 2,025 961 528 465 25...
MUMBAI, India, July 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 05, 2025 - May 09, 2025 All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 05-05-2025 4,778 1,281 1,040 285 189 111 21...
MUMBAI, India, July 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period April 15, 2025 - April 17, 2025 All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 15-04-2025 6,691 1,420 2,086 616 422 27...
MUMBAI, India, July 7 -- 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 Bond...
MUMBAI, India, July 7 -- 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) 9,510.71 4.86 3.50-5.30 I. Call Money 1,535.90 4.91 4.70-5.30 II. Triparty Repo 7,828.30 4.87 4.40-5.03 III. Market Repo 146.51 3.96 3.50-4.15 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.70 5.10 5.10-5.10 II. Term Money@@ 0.00 - - III. Trip...
India, July 6 -- Prime Minister of India issued the following speech: Your Highness, Excellencies, Namaskar! I express my heartfelt gratitude to President Lula for the excellent organisation of the 17th BRICS Summit. Under Brazil's dynamic chairmanship, our BRICS cooperation has gained fresh momentum and vitality. And let me say-the energy we've received isn't just an espresso; it's a double espresso shot! For this, I applaud President Lula's vision and his unwavering commitment. On behalf o...