India, March 19 -- The Government of India has issued a release: Particulars Wireless* Wireline Total Broadband Subscribers (Million) 1006.89 45.83 1052.72 Urban Telephone Subscribers (Million) 725.67 42.59 768.26 Net Addition in January 2026 (Million) 4.59 0.30 4.89 Monthly Growth Rate 0.64% 0.72% 0.64% Rural Telephone Subscribers (Million) 540.67 5.07 545.74  Net Addition in January 2026 (Million) 2.98 -0.01 2.97  Monthly Growth Rate 0.55% -0.24% 0.55%...
India, March 19 -- The Government of India has issued a release: Disclaimer: Curated by HT Syndication....
MUMBAI, India, March 20 -- Reserve Bank of India issued the following press release: The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹55,688 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Additional Borrowing (Greenshoe) Option (₹ Crore) Tenor (Year) Type of Auction 1 Andhra Pradesh 1500 - 17 Yield 1500 - 20 Yield 900 - 25 Yield 2 Assam 500 - Re-issue of 7.22% Assam SGS 2032, issued on March 18, ...
MUMBAI, India, March 20 -- 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, March 23, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 1 9:30 AM to 10:00 AM March 24, 2026 (Tuesday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 202...
MUMBAI, India, March 20 -- 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 Lalbaug Co-operative Bank Ltd., Vadodara, Gujarat with Akhand Anand Co-operative Bank Ltd., Surat, Gujarat. The Scheme will come into effect from March 23, 2026 (Monday). All the branches of Lalbaug Co-operative...
MUMBAI, India, March 20 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated March 18, 2026, imposed a monetary penalty of ₹31.80 lakh (Rupees Thirty One Lakh Eighty Thousand only) on The Hongkong and Shanghai Banking Corporation Limited (the bank) for non-compliance with certain directions issued by RBI on 'Inoperative Accounts / Unclaimed Deposits in Banks - Revised Instructions'. This penalty has been imposed in exercise of...
MUMBAI, India, March 20 -- 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 15,000 March 25, 2026 (Wednesday) March 27, 2026 (Friday) 2 182-Day 12,000 3 364-Day 8,000 Total 35,000 The sale will be subject to the terms and conditions specified in the General Notification F.No....
MUMBAI, India, March 20 -- Reserve Bank of India issued the following press release: The rate of interest on Government of India Floating Rate Bond 2033 (FRB 2033) applicable for the half year March 22, 2026 to September 21, 2026 shall be 6.75 percent per annum. It may be recalled that FRB 2033 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., March 22, 2026) of 182 Day T-Bills, plus a f...
MUMBAI, India, March 20 -- Reserve Bank of India issued the following press release: 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2025 2026 Variation Mar. 14 Mar. 06 Mar. 13 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 23828 36708 21412 -15296 -2416 * Data are provisional; difference, if any, is due to rounding off. 2. Foreign Exchange Reserves* Item As on Mar. 13, 2026 Variation over Week End-March 2025 Year &...
MUMBAI, India, March 20 -- Reserve Bank of India issued the following press release: The 622nd meeting of the Central Board of Directors of Reserve Bank of India was held today in Patna under the Chairmanship of Shri Sanjay Malhotra, Governor. The Board assessed the emerging global and domestic economic scenario, including the evolving geopolitical developments and their impact on financial markets, along with associated challenges. The Board approved the Bank's budget for the accounting year ...