MUMBAI, India, Sept. 1 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has appointed Shri Suman Ray as Executive Director (ED) with effect from September 01, 2026. Prior to being promoted as ED, Shri Suman Ray was serving as Regional Director for Maharashtra. As a career central banker, Shri Ray has experience of over three decades in the Reserve Bank, having worked in several areas including Currency Management, Financial Inclusion, Payment and Se...
MUMBAI, India, Sept. 1 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 4,00,000 Total amount of offers received (in ₹ crore) 2,59,846 Amount accepted (in ₹ crore) 2,59,846 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1011 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Sept. 1 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on Tuesday, September 01, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 4,00,000 1 11:00 AM to 11:30 AM September 02, 2026 (Wednesday) 2. The operational guidelines for the auction as given in the Reserve Bank's P...
MUMBAI, India, Sept. 1 -- Reserve Bank of India issued the following press release: Tenor 7-day Notified Amount (in ₹ crore) 6,00,000 Total amount of offers received (in ₹ crore) 1,14,320 Amount accepted (in ₹ crore) 1,14,320 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1009 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Sept. 1 -- 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) 6,65,977.81 4.98 1.00-5.60 I. Call Money 12,984.27 5.18 4.55-5.25 II. Triparty Repo 4,73,195.15 4.96 4.00-5.10 III. Market Repo 1,73,658.34 5.00 1.00-5.20 IV. Repo in Corporate Bond 6,140.05 5.26 5.15-5.60 B. Term Segment I. Notice Money** 207.50 5.07...
India, Aug. 27 -- The Government of India has issued a release: Union Minister of Agriculture, Farmers Welfare and Rural Development, Shri Shivraj Singh Chouhan, interacted openly with the girl students at the "Khelo India Samvad - Sports Talk with PM Modi" program organized in collaboration with My Bharat at Mata Sundari College for Women in Delhi. Union Minister Shri Shivraj Singh Chouhan emphasized giving importance to the suggestions of the youth , focusing on mental health and nutrition se...
India, Aug. 30 -- The Government of India has issued a release: The Integrated Fertilizer Management System (iFMS), the digital backbone of fertilizer management in India, has entered a new phase with the introduction of a series of digital initiatives aimed at strengthening transparency, improving fertilizer availability and enabling more effective, data-driven monitoring of the fertilizer supply chain. Developed and technically supported by the National Informatics Centre (NIC) for the Depar...
India, Aug. 30 -- The Government of India has issued a release: Vice President Shri C. P. Radhakrishnan today inaugurated the Aranmula Uthrittathi Vallamkali on the River Pamba, describing the festival as a glorious symbol of Keralam's rich cultural heritage, devotion and timeless traditions. Congratulating the people of Keralam on the State's recent renaming, the Vice President recalled that, as Chairman of Rajya Sabha, he had the privilege of presiding over the passage of the State Renaming ...
India, Aug. 30 -- The Government of India has issued a release: Vice President Shri C. P. Radhakrishnan today attended the 115th Anniversary Celebrations of Kerala Kaumudi at Alappuzha, describing its 115-year journey as a testament to trust, courage and the enduring power of ideas. Recalling the legacy of Kerala Kaumudi, founded in 1911 by Shri C. V. Kunhiraman, the Vice President said the newspaper has made a significant contribution to social awakening and to raising the voice of the margin...
India, Aug. 30 -- The Government of India has issued a release: Prime Minister today paid floral tributes at the Shastri Memorial in Tashkent. This year marks the 60th anniversary of the passing away of the former Prime Minister in Tashkent in 1965. The memorial is situated on a street named after Shri Lal Bahadur Shastri. The life and legacy of the former Prime Minister is fondly remembered in Tashkent. In addition to the memorial and the street, there is a local school and the Indian Cultural...