MUMBAI, India, June 12 -- Reserve Bank of India issued the following notification: RBI/2025-26/54 IDMD.RD.S390/10.18.060/2025-26 June 12, 2025 All Market Participants Madam/Sir, Stripping/Reconstitution in State Government Securities Please refer to paragraph No.1 of the Statement on Developmental and Regulatory Policies announced on August 07, 2019 on the proposal to introduce stripping/reconstitution facility for State Development Loans1 (SDLs), in consultation with the respective State...
MUMBAI, India, June 12 -- Reserve Bank of India issued the following notification: RBI/2025-26/51 DOR.AML.REC.30/14.01.001/2025-26 June 12, 2025 Reserve Bank of India (Know Your Customer (KYC)) (Amendment) Directions, 2025 Reserve Bank had issued Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016 (hereinafter referred to as Master Direction) in compliance of the provisions of the PML Act, 2002 and the Rules made thereunder. There is a need to further amend the same in order t...
MUMBAI, India, June 12 -- Reserve Bank of India issued the following notification: RBI/2025-26/53 DOR.AML.REC.31/14.01.001/2025-26 June 12, 2025 The Chairpersons/ CEOs of all the Regulated Entities Dear Sir/ Madam, Updation/ Periodic Updation of KYC - Revised Instructions Please refer to instructions on updation/ periodic updation of KYC as contained in paragraph 38 of Master Direction - Know Your Customer (KYC) Direction, 2016 dated February 25, 2016 (as amended from time to time). 2. T...
MUMBAI, India, June 12 -- Reserve Bank of India issued the following press release: On a review of the current and evolving liquidity conditions, it has been decided not to conduct the 14-day main operation on Friday, June 13, 2025, for the upcoming fortnight. (Puneet Pancholy) Chief General Manager Press Release: 2025-2026/535 Disclaimer: Curated by HT Syndication....
MUMBAI, India, June 12 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Money Supply for the fortnight ended May 30, 2025. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/534 Disclaimer: Curated by HT Syndication....
MUMBAI, India, June 12 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 31-May-2024 16-May-2025* 30-May-2025* 31-May-2024 16-May-2025* 30-May-2025* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 283850.22 356142.91 365140.08 287722.27 362130.00 370999.12** b) Borrowings from banks 163095.32 112740.77 110567.25 162607.11 112743.77 110589.25 c) ...
MUMBAI, India, June 12 -- Reserve Bank of India issued the following press release: I. Summary Results Aggregate amount (Face Value) notified ₹26,000.000 crore Total amount offered (Face Value) by participants ₹53,030.528 crore Total amount accepted (Face Value) ₹25,743.630 crore II. Details Of Each Security Security 5.63% GS 2026 8.33% GS 2026 6.97% GS 2026 5.74% GS 2026 8.15% GS 2026 No. of offers received 74 12 25 18 18 Total amount (Face Value) offered (₹ Crore) 26...
MUMBAI, India, June 12 -- 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 13, 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 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of April 2025. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/530 Disclaimer: Curated by HT Syndication....
PATNA, India, June 11 -- Patna High Court issued the following order on May 13: Heard learned Counsel for the petitioner and learned Additional Public Prosecutor for the State. 2. The petitioner apprehends his arrest in a case registered for the offences punishable under Sections 272, 273 of the Indian Penal Code and Section 30(a), 41 and 47 of the Bihar Prohibition and Excise Act, 2016 3. A perusal of the First Information Report and the seizure-list would show that there is a recovery of 85...