MUMBAI, India, Aug. 21 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 09-Aug-2024 25-Jul-2025* 08-Aug-2025* 09-Aug-2024 25-Jul-2025* 08-Aug-2025* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 291422.53 342422.14 341955.78 295618.64 347963.84 349533.04** b) Borrowings from banks 130962.87 105206.09 100840.03 130982.37 105216.43 100849.93 c) ...
MUMBAI, India, Aug. 21 -- 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 August 22, 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 Dea...
MUMBAI, India, Aug. 21 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 31,025 Amount allotted (in ₹ crore) 31,025 Cut off Rate (%) 5.51 Weighted Average Rate (%) 5.51 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/945 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Aug. 21 -- 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) 6,19,310.65 5.26 0.01-6.45 I. Call Money 16,699.90 5.47 4.75-5.55 II. Triparty Repo 4,00,321.15 5.40 5.34-5.75 III. Market Repo 1,98,968.05 4.96 0.01-5.80 IV. Repo in Corporate Bond 3,321.55 5.56 5.50-6.45 B. Term Segment I. Notice Money** 137.75 5.35 5.00-5.50 II. T...
India, Aug. 20 -- The Government of India issued the following news release: The Unique Identification Authority of India (UIDAI) has onboarded satellite-based internet provider Starlink Satellite Communication Pvt Ltd. Starlink will use Aadhaar Authentication for customer verification, which will make the entire process smooth, secure and very easy. Aadhaar, one of the most trusted digital identity systems, will ensure that customer onboarding is quick, paperless, and compliant with Know You...
India, Aug. 20 -- The Government of India issued the following news release: The Digital Personal Data Protection Act, 2023 (DPDP Act) provides for the processing of digital personal data in a manner that recognises both the rights of the individual to protect their personal data and the need to process such personal data for lawful purposes. The DPDP Act was enacted following an extensive and comprehensive public consultation process, during which over 22,600 comments were received on the Dig...
India, Aug. 20 -- The Government of India issued the following news release: The National Supercomputing Mission (NSM) was initiated in April 2015 by the Government of India with a budget outlay of Rs.4,500 crore. Its vision is to achieve self-reliance and global leadership in supercomputing by giving access of state-of-the-art supercomputing facilities to researchers, addressing grand challenges, optimizing investments, and enhancing global competitiveness in key areas of supercomputing techno...
India, Aug. 20 -- The Government of India issued the following news release: In India, there are no heat-related data or research studies to indicate the extent of impact of heat stress on the categories of people mentioned here. However, some studies conducted in other parts of the world have shown that the poor, the marginalised, migrants, subsistence workers, women, and the elderly are more prone to the impact of heat stress. The India Meteorological Department (IMD) has published the Clima...
India, Aug. 20 -- The Government of India issued the following news release: Since the implementation of the Multi-Model Ensemble (MME)-based forecasting strategy in 2021, the accuracy of monsoon predictions has shown marked improvement for2021-2024. For 2021-2024, the average absolute error of such forecasts has been 2.28% of the Long Period Average (LPA) compared to 7.5% in the preceding four years (2017-2020). The advanced technology used for monsoon forecast includes the multi-model ensemb...
India, Aug. 20 -- The Government of India issued the following news release: The latest data on deaths due to Heat/Sun Stroke in the State/UT-wise during 2018-2022, as available from the National Crime Records Bureau (NCRB), Ministry of Home Affairs (MHA), is given in Annexure-1. Abnormal temperature events can impose severe physiological stress on the human body, as the body operates best within a fairly normal temperature range. There is a marked relationship between human mortality and ther...