MUMBAI, India, Dec. 12 -- Reserve Bank of India issued the following press release: 6.68% GS 2040 6.90% GS 2065 I. Notified Amount ₹16,000 crore ₹12,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 96.88/7.0250% 93.21/7.4340% III. Amount accepted in the auction ₹16,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1688 Disclaimer: Curated by HT Syndication...
MUMBAI, India, Dec. 12 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 29-Nov-2024 14-Nov-2025* 28-Nov-2025* 29-Nov-2024 14-Nov-2025* 28-Nov-2025* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 273721.88 350935.17 322854.52 278500.30 357857.15 330191.04** b) Borrowings from banks 137597.04 81533.54 79669.56 137620.00 81560.54 79747.56 c) Othe...
MUMBAI, India, Dec. 12 -- Reserve Bank of India issued the following press release: (Amount in ₹ Crore) Auction Results 6.68% GS 2040 6.90% GS 2065 I. Notified Amount 16,000 12,000 II. Competitive Bids Received (i) Number 260 170 (ii) Amount 36,063.000 32,398.000 III. Cut-off price / Yield 96.88 93.21 (YTM: 7.0250%) (YTM: 7.4340%) IV. Competitive Bids Accepted (i) Number 116 9 (ii) Amount 15,985.191 11,954.740 V. Partial Allotment Percentage of Competitive Bids 25.4000% 0.8464% (25 bi...
MUMBAI, India, Dec. 12 -- 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 7,000 December 17, 2025 (Wednesday) December 18, 2025 (Thursday) 2 182-Day 6,000 3 364-Day 6,000 Total 19,000 The sale will be subject to the terms and conditions specified in the General Notification ...
MUMBAI, India, Dec. 12 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions, it has been decided to conduct Variable Rate Repo (VRR) auctions as under: Sl. No. Date of Auction Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1. December 15, 2025 (Monday) 75,000 11 09:30 AM to 10:00 AM December 26, 2025 (Friday) 2. December 16, 2025 (Tuesday) 75,000 10 09:30 AM to 10:00 AM December 26, 2025 (Frida...
MUMBAI, India, Dec. 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, in exercise of the powers conferred under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949, has sanctioned the Scheme of Amalgamation of The Amod Nagric Co-operative Bank Ltd., Amod, Gujarat with The Bhuj Mercantile Co-operative Bank Ltd., Ahmedabad, Gujarat. The Scheme will come into effect from December 15, 2025 (Monday). All the branches of The...
MUMBAI, India, Dec. 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, in exercise of the powers conferred under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949, has sanctioned the Scheme of Amalgamation of Amarnath Co-operative Bank Ltd., Ahmedabad, Gujarat with The Kalupur Commercial Co-operative Bank Ltd., Ahmedabad, Gujarat. The Scheme will come into force with effect from December 15, 2025 (Monday). All the bra...
RANCHI, India, Dec. 11 -- Jharkhand High Court issued the following order on Nov. 11: 1. Heard the parties. 2. By filing this petition, the petitioner has prayed for mandamus directing the respondents to release the arrears of salary along with penal interest to the petitioner, as she has served as Assistant Teacher at Amal Sangha Pathsala, Sidgora, from the year 2002 to 2010. 3. It is the case of the petitioner that an advertisement was floated by the said minority Government aided school ...
RANCHI, India, Dec. 11 -- Jharkhand High Court issued the following order on Nov. 11: 1. A show cause was issued to the petitioner as the respondents doubted the educational qualification of the petitioner. Admittedly, the petitioner has replied the show cause. 2. Once the petitioner has replied to the show cause, the petitioner should get opportunity to defend his case. 3. No final decision has yet been taken by the respondents, either rejecting the claim of the petitioner or accepting the...
RANCHI, India, Dec. 11 -- Jharkhand High Court issued the following order on Nov. 11: 1. Heard the parties. 2. The petitioner in this writ petition has prayed for his retiral benefits i.e. pension, gratuity, leave encashment, arrears of pay, allowances and other benefits. 3. It is the case of the petitioner that he was appointed on 16.06.1988 against the vacant and sanctioned post of Clerk. In 2009 his services was dispensed with but his retrenchment was set-aside. Thereafter, the petitione...