MUMBAI, India, Nov. 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated October 14, 2025, imposed a monetary penalty of ₹8 lakh (Rupees Eight Lakh only) on Latur District Central Co-operative Bank Ltd., Maharashtra (the bank), for contravention of provisions of Section 20 read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on 'Know Your Customers (KYC)'....
MUMBAI, India, Nov. 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated October 14, 2025, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on Parbhani District Central Cooperative Bank Ltd., Maharashtra (the bank), for contravention of provisions of Section 20 read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and certain directions issued by RBI on 'Know Your Customer (KYC)'. Th...
MUMBAI, India, Nov. 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated October 23, 2025, imposed a monetary penalty of ₹10,000/- (Rupees Ten Thousand only) on Viva Home Finance Limited, Palghar, Maharashtra (the company) for non-compliance with certain directions issued by RBI on 'Non-banking Financial Company - Housing Finance Company (Reserve Bank) Directions, 2021'. This penalty has been imposed in exercise of powers co...
MUMBAI, India, Nov. 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated October 23, 2025, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Satara Sahakari Bank Ltd., Mumbai, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on 'Prudential Norms on Capital Adequacy - Primary (Urban) Co-operative Banks (UCBs)' and 'Limits on exposure to single and group borrowers/parties and la...
MUMBAI, India, Nov. 4 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the data1 related to the 2024-25 round of its annual survey on computer software and information technology enabled services (ITES) exports. The survey2 collects details on India's exports of software services {computer services and ITES/business process outsourcing (BPO) services} as per type of activity, on-site/off-site nature of services, country of destination and modes of su...
MUMBAI, India, Nov. 4 -- Reserve Bank of India issued the following press release: The Financial Action Task Force (FATF) vide public document 'High-Risk Jurisdictions subject to a Call for Action' - 24 October 2025, has called on its members and other jurisdictions to refer to the statement on Democratic People's Republic of Korea (DPRK) and Iran adopted in February 2020 which remains in effect. Further, Myanmar was added to the list of High-Risk Jurisdictions subject to a Call for Action in t...
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MUMBAI, India, Nov. 3 -- Reserve Bank of India issued the following press release: Government of India (GoI) has announced the sale (re-issue) of one dated security for a notified amount of ₹32,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.48% GS 2035 October 06, 2035 32,000 F.No.4(1)-B(W&M)/2025 dated November 03, 2025 November 07, 2025 (Friday) November 10, 2025 (M...
MUMBAI, India, Nov. 3 -- Reserve Bank of India issued the following press release: In terms of GOI notification F. No.4(8)-W&M/2018 dated April 13, 2018 (SGB 2018-19 Series-I-Issue date May 04, 2018) 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 November 04, 2025. 2. Furthe...
MUMBAI, India, Nov. 3 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ -- > Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 18,001.11 5.24 4.00-5.75 I. Call Money 1,552.35 5.12 4.85-5.60 II. Triparty Repo 12,496.65 5.17 4.50-5.75 III. Market Repo 3,952.11 5.51 4.00-5.75 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - ...