India, July 2 -- The Government of India has issued a release: Advancing a Partnership of Strategic Convergence and Trust for Shared Growth, Prosperity and Resilience At the invitation of the Prime Minister of India H.E. Shri Narendra Modi, the Prime Minister of Japan H.E. Ms. TAKAICHI Sanae paid an Official Visit to India from 1-3 July 2026 for the 16th India-Japan Annual Summit. Prime Minister Takaichi was accompanied by a high-level delegation including senior officials, CEOs and industry l...
India, July 2 -- The Government of India has issued a release: Disclaimer: Curated by HT Syndication....
MUMBAI, India, July 3 -- Reserve Bank of India issued the following press release: Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (₹ crore) Auction Date Settlement Date 1 91-Day 9,000 July 08, 2026 (Wednesday) July 09, 2026 (Thursday) 2 182-Day 8,000 3 364-Day 7,000 Total 24,000 The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)...
MUMBAI, India, July 3 -- 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 Variable Rate Repo (VRR) auction on Monday, July 06, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 3 09:30 AM to 10:00 AM July 09, 2026 (Thursday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022/...
MUMBAI, India, July 3 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-IX-Issue date January 05, 2021) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the next due date of premature redemption of the above tranche shall be on July 04, 2026 (July ...
MUMBAI, India, July 3 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 24, 2026, imposed a monetary penalty of ₹3.10 lakh (Rupees Three lakh Ten thousand only) on GIC Housing Finance Limited (the company) for non-compliance with certain provisions of the 'Reserve Bank of India (Know Your Customer (KYC)) Directions' issued by RBI. This penalty has been imposed in exercise of powers conferred on RBI under the provisions...
MUMBAI, India, July 3 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 30, 2026, imposed a monetary penalty of ₹63.60 lakh (Rupees Sixty three lakh sixty thousand only) on Bank of Baroda (the bank) for non-compliance with certain provisions of directions issued by RBI on 'Fair Practices Code for Lenders' and 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under the prov...
MUMBAI, India, July 3 -- Reserve Bank of India issued the following press release: 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2025 2026 Variation Jun. 27 Jun. 19 Jun. 26 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 20066 9211 8790 -421 -11276 * Data are provisional; difference, if any, is due to rounding off. 2. Foreign Exchange Reserves* Item As on Jun. 26, 2026 Variation over Week End-March 2026 Year ₹...
MUMBAI, India, July 3 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Industrial Co-operative Bank Ltd., Guwahati vide Directive No.GWH.DOS.ADM.No.S103/01-10-101/2025-26 dated July 03, 2025 for a period of six months up to close of business on January 04, 2026, which was last extended up to close of business on July 04, 2026, vide Directive No.DOR.MON./D-63/...
MUMBAI, India, July 3 -- Reserve Bank of India issued the following press release: (Amount in ₹ Crore) Auction Results 6.94% GS 2036 I. Notified Amount 34,000 II. Competitive Bids Received (i) Number 430 (ii) Amount 83,440.041 III. Cut-off price / Yield 101.50 (YTM: 6.7275%) IV. Competitive Bids Accepted (i) Number 171 (ii) Amount 33,962.384 V. Partial Allotment Percentage of Competitive Bids 95.4860% (43 bids) VI. Weighted Average Price/Yield 101.51 (WAY: 6.7261%) VII. Non-Competitive ...