RBI RELEASES DRAFT CIRCULAR ON GUIDELINES TO FACILITATE FASTER CROSS-BORDER INWARD PAYMENTS

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...


RATE OF INTEREST ON GOVERNMENT OF INDIA FLOATING RATE BOND 2034

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 ...


CENSUS ON FOREIGN LIABILITIES AND ASSETS OF INDIAN DIRECT INVESTMENT ENTITIES FOR 2024-25

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 ...


RESERVE MONEY FOR THE FORTNIGHT ENDED OCTOBER 24, 2025

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....


SCHEME FOR WRITING BOOKS ORIGINALLY IN HINDI ON ECONOMICS/BANKING/FINANCIAL SUBJECTS DECLARATION OF RESULT FOR THE YEAR 2024-25

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&#2...


RESULT OF THE OVERNIGHT VARIABLE RATE REPO (VRR) AUCTION HELD ON OCTOBER 29, 2025

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....


MONEY MARKET OPERATIONS AS ON OCTOBER 28, 2025

MUMBAI, India, Oct. 29 -- 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) 6,70,181.10 5.45 4.85-6.60 I. Call Money 19,292.87 5.56 4.85-5.68 II. Triparty Repo 4,47,488.75 5.41 5.01-5.55 III. Market Repo 1,99,766.93 5.53 5.00-5.75 IV. Repo in Corporate Bond 3,632.55 5.73 5.65-6.60 B. Term Segment I. Notice Money** 150.00 5.41...


PATNA HIGH COURT ISSUES JUDGEMENT ON ANITA KUMARI V/S THE STATE OF BIHAR

PATNA, India, Oct. 28 -- Patna High Court issued the following judgment on Oct. 7: 1.The Writ petition is filed for the following reliefs:- (i)For issuance of direction upon the resopndent authorities particularly respondent No. 3 and 4 to grant PDS License to the petitioner in pursuance of application of land the application made by her on 30.01.2018 being application No. PDS/2270525 (ii)For further to cancel License the PDS License issued in favour of respondent No. 6, Anokha Kumari whereby...


PATNA HIGH COURT ISSUES JUDGEMENT ON R.K. TRADER V/S THE STATE OF BIHAR

PATNA, India, Oct. 28 -- Patna High Court issued the following judgment on Oct. 7: Heard the learned counsel for the parties. 2. This writ petition has been filed for the following relief(s):- "i) For issuance of a writ in the nature of mandamus directing and commanding the respondents authority to pay Rs. 9,16,020.20 (Nine Lakh Sixteen Thousand Twenty and Twenty Paise) of Supplied Laboratory Material dated 25.05.2021 vide invoice bill no. 03 & 05 and dated 25.05.2021 vide invoice bill no. 08...


PATNA HIGH COURT ISSUES JUDGEMENT ON MANOJ KUMAR YADAV V/S THE STATE OF BIHAR

PATNA, India, Oct. 28 -- Patna High Court issued the following judgment on Oct. 7: Heard Mr. Y.V. Giri, learned Senior Counsel for the petitioner and the learned counsel for the State. 2. This writ petition has been filed for the following relief(s): i)To issue an appropriate writ, order, direction in the nature of certiorari for quashing the order memo no. 1639 dated 22.06.2023 issued under the signature of the Deputy Development Commissioner -cum- Additional District Programme Coordinator. ...