MUMBAI, India, Feb. 27 -- Intellectual Property India has published a patent application (202641018003 A) filed by B V Raju Institute Of Technology; Sainadh Singh Kshatri; Banala Saritha; and Chagam Reddy Subba Rami Reddy, Narsapur, Telangana, on Feb. 18, for 'artificial intelligence-based self-learning digital twin system for real-time health monitoring, fault diagnosis, and lifetime prediction of photovoltaic panels.' Inventor(s) include Sainadh Singh Kshatri; Banala Saritha; and Chagam Reddy...
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: In the underwriting auction conducted on February 27, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government security, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitive...
MUMBAI, India, Feb. 27 -- 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) 6,65,515.84 4.89 3.00-6.10 I. Call Money 13,132.07 5.08 4.50-5.20 II. Triparty Repo 4,64,277.75 4.90 4.80-5.02 III. Market Repo 1,83,308.92 4.87 3.00-5.22 IV. Repo in Corporate Bond 4,797.10 5.13 5.10-6.10 B. Term Segment I. Notice Money** 113.60 5.03...
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 21-Feb-2025# 31-Jan-2026 15-Feb-2026 21-Feb-2025# 31-Jan-2026 15-Feb-2026 I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 272677.28 336474.48 345494.05 279042.72 344450.58 353928.33** b) Borrowings from banks 112778.14 81053.24 74299.22 112884.38 81307.96 74367.46 c) Other ...
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: 6.48% GS 2035 I. Notified Amount ₹32,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 98.36/6.7134% III. Amount accepted in the auction ₹32,000 crore IV. Devolvement on Primary Dealers NIL Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/2182 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of February 2026 are set out in Tables 1 to 7. Highlights: Lending Rates: * The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.67 per cent in January 2026 (8.28 per cent in December 2025). * The WALR on outstanding rupee l...
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 27, 2026, imposed a monetary penalty of ₹11.50 lakh (Rupees Eleven Lakh Fifty Thousand only) on Mahindra & Mahindra Financial Services Limited (the company) for non-compliance with certain directions issued by RBI on 'Fair Practices Code' and 'Internal Ombudsman for Regulated Entities'. This penalty has been imposed in exercise of powers confe...
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: The value of exports and imports of services during January 2026 are presented in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) October - 2025 35,167 (2.2) 17,729 (2.9) November - 2025 34,262 (6.7) 16,877 (-2.1) December - 2025 41,775 (13.0) 19,104 (7.3) January - 2026 38,165 (9.8) 16,631 (-0.5) Note: (i) Data for October-January are provi...
MUMBAI, India, Feb. 27 -- 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 14,000 March 04, 2026 (Wednesday) March 05, 2026 (Thursday) 2 182-Day 12,000 3 364-Day 8,000 Total 34,000 The sale will be subject to the terms and conditions specified in the General Notification F.No...
MUMBAI, India, Feb. 27 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Money Supply for the fortnight ended February 15, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/2189 Disclaimer: Curated by HT Syndication....