MUMBAI, India, Aug. 24 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 20, 2026, imposed a monetary penalty of ₹1 lakh (Rupees One lakh only) on Vikas Souharda Co-operative Bank Limited, Hosapete, Karnataka (the bank) for non-compliance with certain directions issued by RBI on 'Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs'. This penalty has been imposed in exercise of powe...
MUMBAI, India, Aug. 24 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 20, 2026, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Pragathi Co-operative Bank Limited, Karnataka (the bank) for contravention of provisions of section 20 read with section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on 'Loans and advances to directors, their ...
MUMBAI, India, Aug. 24 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 20, 2026, imposed a monetary penalty of ₹2.50 lakh (Rupees Two lakh Fifty thousand only) on Shri Vijay Mahantesh Co-operative Bank Limited, Hungund, Karnataka (the bank) for non-compliance with certain directions issued by RBI on 'Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs' and 'Loans and advances to ...
MUMBAI, India, Aug. 24 -- 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, Aug. 24 -- 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, Aug. 24 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 1,50,000 Total amount of offers received (in ₹ crore) 49,206 Amount accepted (in ₹ crore) 49,206 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: 2026-2027/952 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Aug. 24 -- 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 Monday, August 24, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,50,000 1 11:00 AM to 11:30 AM August 25, 2026 (Tuesday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Relea...
MUMBAI, India, Aug. 24 -- Reserve Bank of India issued the following press release: Tenor 7-day Notified Amount (in ₹ crore) 2,50,000 Total amount of offers received (in ₹ crore) 91,980 Amount accepted (in ₹ crore) 91,980 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/950 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Aug. 24 -- 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) 6,56,859.58 5.05 0.01-5.45 I. Call Money 13,284.41 5.19 4.00-5.25 II. Triparty Repo 4,52,790.20 5.07 4.50-5.17 III. Market Repo 1,83,576.32 4.97 0.01-5.30 IV. Repo in Corporate Bond 7,208.65 5.30 5.25-5.45 B. Term Segment I. Notice Money** 155.60 5.08...
MUMBAI, India, Aug. 22 -- Reserve Bank of India issued the following press release: RBI had introduced a special USD-INR Forex Swap facility covering FCNR(B) deposits, ECB and OFCB inflows on June 08, 2026. As already announced vide Press Release dated August 14, 2026, the Scheme is open till August 31, 2026 for FCNR(B) deposits, and upto December 31, 2026 for ECBs and OFCBs. The position of forex inflows as reported by Authorised Dealer Banks till August 21...