India, April 8 -- LOH, the provocative high-concept novel by technologist and author Rajeev Nanda, has officially broken into the top tier of the literary world. Within just three months of its debut, the techno-theological thriller secured the #8 rank on the Amazon Best Sellers list for Metaphysical Science Fiction eBooks, marking it as one of the year's most significant contributions to the genre. LOH (ISBN: 9781969572296) interweaves ancient Eastern mysticism with a chillingly plausible visi...
India, April 8 -- New Delhi, April 07, 2026 - LOH, the provocative high-concept novel by technologist and author Rajeev Nanda, has officially broken into the top tier of the literary world. Within just three months of its debut, the techno-theological thriller secured the #8 rank on the Amazon Best Sellers list for Metaphysical Science Fiction eBooks, marking it as one of the year's most significant contributions to the genre.LOH (ISBN: 9781969572296) interweaves ancient Eastern m...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: The following sixteen Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR. i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business Sr. No. N...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: T-Bill 91-Day 182-Day 364-Day I. Total Face Value Notified ₹12,000 Crore ₹6,000 Crore ₹6,000 Crore II. Cut-off Price and Implicit Yield at Cut-Off Price 98.6943 (YTM: 5.3064%) 97.3166 (YTM: 5.5299%) 94.6859 (YTM: 5.6278%) III. Total Face Value Accepted ₹12,000 Crore ₹6,000 Crore ₹6,000 Crore Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/39...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: This Statement sets out various developmental and regulatory policy measures relating to (i) Regulations; (ii) Supervision; (iii) Payment Systems; and (iv) Financial Markets: I. Regulations 1. Review of guidelines for inclusion of Quarterly Profits in Capital to Risk-weighted Assets Ratio (CRAR) computation - Commercial Banks As per the extant guidelines, commercial banks (excluding Regional Rural Banks and L...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: Good morning and Namaskar. Let me welcome you all to the first policy of 2026-27 at a time when the global economy is facing unprecedented challenges from heightened geo-political tensions, the conflict in West Asia and the disruption in global supply chains. 2. Before the outbreak of the conflict, India's macroeconomic fundamentals exuded confidence with buoyant growth and low inflation. Conditions turned adve...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: Monetary Policy Decisions The Monetary Policy Committee (MPC) held its 60th meeting from April 6 to 8, 2026, under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. The MPC members Dr. Nagesh Kumar, Shri Saugata Bhattacharya, Prof. Ram Singh, Dr. Poonam Gupta and Shri Indranil Bhattacharyya attended the meeting. 2. After a detailed assessment of the evolving macroeconomic and financia...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: Micro, Small and Medium Enterprises (MSMEs) play an important role in the economic fabric of the country. MSMEs face constraints in obtaining adequate finance, particularly in terms of their ability to convert their trade receivables into liquid funds. In order to address this issue the Reserve Bank of India has, over time, issued guidelines regarding setting up of Trade Receivables Discounting System (TReDS) pl...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: The matters to be placed before the Boards of Commercial Banks along with their periodicity are determined by the Board themselves, guided by the seven broad themes prescribed by the Reserve Bank of India. In addition, the Reserve Bank has also mandated certain policies and matters to be placed before the Board for approval, review, or information. In an endeavour to enable Boards to utilize their time effective...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: The Reserve Bank has constantly endeavoured to refine and strengthen its regulatory and supervisory framework with a view, inter alia, to rationalising the requirements and minimising compliance costs through periodic evaluation for their continued relevance. 2. In furtherance of this objective, Reserve Bank of India had undertaken a comprehensive consolidation exercise of the instructions administered by the D...