MUMBAI, India, April 23 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated April 21, 2026, imposed a monetary penalty of ₹1 lakh (Rupees One lakh only) on Hardoi Jilla Sahkari Bank Ltd., Uttar Pradesh (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)(c) read with Section...
MUMBAI, India, April 23 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the April 2026 issue of its monthly Bulletin. The Bulletin includes bi-monthly monetary policy statement (April 8, 2026), two speeches, one article and current statistics. In current statistics, Table 19 on Consumer Price Index is revised in line with the new CPI (base 2024=100) and now includes data on a measure of core inflation (i.e. CPI excluding food and fuel). The article...
MUMBAI, India, April 23 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auction to be held on April 24, 2026 (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 Primar...
MUMBAI, India, April 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) 6,71,744.61 5.15 4.00-6.35 I. Call Money 23,222.17 5.34 4.20-5.40 II. Triparty Repo 4,72,598.10 5.14 4.95-5.27 III. Market Repo 1,68,294.99 5.13 4.00-6.00 IV. Repo in Corporate Bond 7,629.35 5.37 5.30-6.35 B. Term Segment I. Notice Money** 625.20 5.3...
India, April 21 -- The Government of India has issued a release: The Vice President of India Shri C. P. Radhakrishnan addressed the 3rd convocation ceremony of IIMT University, Meerut today, stating that the occasion marks not merely the culmination of an academic journey, but the beginning of a lifelong commitment towards nation-building. The Vice President observed that they are stepping into an India that is rapidly evolving and brimming with opportunities. He described the present moment a...
India, April 21 -- The Government of India has issued a release:  The President of India, Smt Droupadi Murmu inaugurated Planetarium and Science Centre, and Nirmal Munda Parivesh Path at a public function held at Rourkela, Odisha today (April 21, 2026). Later, the President also inaugurated Tribal Museum and Integrated Command and Control Centre at Rourkela. Speaking at the public function, the President said that natural beauty, folk culture and heritage of Sundargarh possess an attracti...
India, April 21 -- The Government of India has issued a release:  Key Takeaways Under the scheme (as of Feb 2026): Introduction               India's food processing sector has emerged as a critical pillar of the agricultural and manufacturing ecosystem, driving value addition, strengthening market linkages, and enhancing the availability of processed foods. The sector has witnessed steady growth in recent years, with...
India, April 21 -- The Government of India has issued a release: The Ministry of Textiles, Government of India, organized the Regional (South Zone) Consultation Workshop on New Textile Schemes (Budget Announcements 2026-27) at Bengaluru on 21.04.2026. The workshop brought together officials from Ministry and it's verticals, representatives from Southern States and Union Territories, along with stakeholders and industry personal from the textile sector to deliberate on key initiatives announced ...
India, April 21 -- The Government of India has issued a release: Advancing the Government of India's vision of transforming border villages into engines of growth and opportunity, the Ministry of Skill Development and Entrepreneurship (MSDE) today convened a Capacity Building and Review Workshop under the Vibrant Villages Programme (VVP), themed "Viksit Gaon for Viksit Bharat", at Kaushal Bhawan, New Delhi. The workshop brought together key stakeholders including the Ministry of Home Affairs (M...
India, April 21 -- The Government of India has issued a release: Addressing a session during the 18th Civil Services Day at Vigyan Bhawan, New Delhi, Shri Narendra Bhooshan, Secretary, Department of Land Resources, Ministry of Rural Development highlighted Uttar Pradesh's efforts to position itself as a leader in the renewable energy sector. He noted that under the theme "Viksit Bharat: Citizen-Centric Governance and Last Mile Delivery," a focused session on "Accelerating India's Net Zero Path...