MUMBAI, India, Oct. 29 -- Reserve Bank of India issued the following speech: It is a pleasure for me to be here at the Business Standard BFSI Insight Summit. I would like to thank the organisers for this opportunity. 2. In my brief comments, I will be reflecting on the observed economic and financial resilience of emerging markets (EMs) in general, and of the Indian economy, in particular. In this context, it may be noted that at the recently concluded Annual Meetings of the IMF, two contradic...
MUMBAI, India, Oct. 29 -- 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 Thursday, October 30, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 1 09:30 AM to 10:00 AM October 31, 2025 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release...
MUMBAI, India, Oct. 29 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(7)-B (W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series-VI-Issue date October 30, 2019) 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 October 30, 2025...
MUMBAI, India, Oct. 29 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series-V-Issue date October 30, 2017) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be October 30, 2025. 2. Further, the redemption price of SGB shall be based on simpl...
MUMBAI, India, Oct. 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today placed on its website a draft circular on Guidelines to facilitate faster cross-border inward payments. Comments / feedback on the draft Circular are invited from banks by November 19, 2025. The comments/ feedback may be submitted through the link under the 'Connect2Regulate' Section available on the Reserve Bank's website. Comments may alternatively be forwarded to: The Chief G...
MUMBAI, India, Oct. 29 -- Reserve Bank of India issued the following press release: The rate of interest on Government of India Floating Rate Bond 2034 (GOI FRB 2034) applicable for the half year October 30, 2025 to April 29, 2026 shall be 6.54 per cent per annum. It may be recalled that FRB 2034 carries a coupon, which has a base rate equivalent to the average of the Weighted Average Yield (WAY) of last three auctions (from the rate fixing day i.e., October 30, 2025) of 182 Day T-Bills, plus ...
MUMBAI, India, Oct. 29 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the provisional results of the 2024-251 round of the annual census on foreign liabilities and assets (FLA) covering cross-border liabilities and assets of the Indian entities {viz., companies, limited liability partnerships (LLPs), alternative investment funds (AIFs) and partnership firms} with inward/outward direct investment (DI). Out of the 45,702 entities which responded in ...
MUMBAI, India, Oct. 29 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Reserve Money for the fortnight ended October 24, 2025. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1407 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Oct. 29 -- Reserve Bank of India issued the following press release: Reserve Bank of India had invited entries under the captioned scheme vide press release dated 05 June 2025. On evaluation of the entries received, it has been decided to award Dr. Keshav Prasad 'Saras', retired Associate Professor, Chandrashekhar Azad University of Agriculture and Technology, Kanpur under this scheme for his book "कृषि वित्त एव...
MUMBAI, India, Oct. 29 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 1,50,000 Total amount of bids received (in ₹ crore) 58,512 Amount allotted (in ₹ crore) 58,512 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: 2025-2026/1403 Disclaimer: Curated by HT Syndication....