MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released data on the performance of the private corporate sector during the fourth quarter of 2024-25, drawn from abridged quarterly financial results of 2,936 listed non-government non-financial companies. This summary position also includes comparable data for Q4:2023-24 and Q3:2024-25 to enable study of sequential (q-o-q) and annual (y-o-y) change (web-link https://data.rbi.org.in/DBIE...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 20, 2025, imposed a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only) on Prathamik Shikshak Sahakari Bank Ltd., Satara, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on 'Advances against Term Deposits of Non-members' to Salary Earners' Primary (Urban) Co-operative Banks. This penalty has been imposed in exercis...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: The Reserve Bank had issued draft guidelines on 'Prudential Framework for Income Recognition, Asset Classification and Provisioning pertaining to Advances - Projects Under Implementation' on May 03, 2024, for stakeholder comments. The draft guidelines proposed an enabling framework for the regulated entities (REs) for financing project loans, while addressing the underlying risks. 2. As part of the stakeholder ...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on June 20, 2025 (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 Primary Deale...
MUMBAI, India, June 19 -- 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) 5,99,803.47 5.18 3.50-6.55 I. Call Money 15,058.07 5.27 4.75-5.35 II. Triparty Repo 3,98,470.60 5.19 5.00-5.25 III. Market Repo 1,83,650.70 5.14 3.50-5.40 IV. Repo in Corporate Bond 2,624.10 5.48 5.30-6.55 B. Term Segment I. Notice Money** 69.50 5.15 5.00-5.25 II. Te...
India, June 18 -- The Government of India issued the following news release: Prime Minister Carney, Your Excellencies, Namaskar! I express my heartfelt gratitude to Prime Minister Carney for extending us an invitation to the G-7 Summit and for our wonderful welcome. I congratulate all our friends on the historic occasion of the completion of 50 years of the G-7 group. Friends, Ensuring energy security for future generations is one of our biggest challenges. We consider it not only a priorit...
India, June 18 -- The Government of India issued the following news release: The Prime Minister Shri Narendra Modi met the Prime Minister of Australia, H.E Mr. Anthony Albanese on the sidelines of 51st G7 Summit at Kananaskis, Canada on 17th June 2025. In a post on X, he wrote: "Good to meet my friend, PM Albanese of Australia during the G7 Summit in Canada! @AlboMP" Disclaimer: Curated by HT Syndication....
India, June 18 -- The Government of India issued the following news release: The Prime Minister Shri Narendra Modi interacted with the President of South Africa, H.E Mr. Cyril Ramaphosa on the sidelines of 51st G7 Summit at Kananaskis, Canada on 17th June 2025. In a post on X, he wrote: "Happy to interact with the President of South Africa, Mr. Cyril Ramaphosa at the G7 Summit. @CyrilRamaphosa" Disclaimer: Curated by HT Syndication....
India, June 18 -- The Government of India issued the following news release: The Prime Minister Shri Narendra Modi met the President of Republic of Korea, H.E Mr. Lee Jae-myung on the sidelines of 51st G7 Summit at Kananaskis, Canada on 17th June 2025. Shri Modi remarked that India and the Republic of Korea seek to work together in sectors like commerce, investment, technology, green hydrogen, shipbuilding and more. In a post on X, he wrote: "President Mr. Lee Jae-myung and I had a very good ...
India, June 18 -- The Government of India issued the following news release: The Prime Minister Shri Narendra Modi interacted with the Prime Minister of United Kingdom, H.E Mr. Keir Starmer at the 51st G7 Summit at Kananaskis, Canada on 17th June 2025. Shri Modi remarked that India and UK ties are getting stronger, reflecting in the ground we've covered in areas like trade and commerce. In a post on X, he wrote: "An exceptional conversation with Prime Minister Keir Starmer! India and UK ties ...