MUMBAI, India, Dec. 29 -- 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 Tuesday, December 30, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,00,000 2 9:30 AM to 10:00 AM January 01, 2026 (Thursday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release ...
MUMBAI, India, Dec. 29 -- 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 December 29, 2025 January 02, 2026 (Friday) January 05, 2026 (Mo...
MUMBAI, India, Dec. 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated December 23, 2025, imposed a monetary penalty of ₹2.40 lakh (Rupees Two Lakh Forty Thousand only) on Valuecorp Securities & Finance Limited (the company), for non-compliance with certain directions issued by RBI on 'Submission of data to Credit Information Companies', 'Transfer of Loan Exposure' and 'Know Your Customer (KYC)'. This penalty has been imp...
MUMBAI, India, Dec. 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated December 22, 2025, imposed a monetary penalty of ₹2.10 lakh (Rupees Two Lakh Ten Thousand only) on Kolhapur District Central Co-operative Bank Ltd., Kolhapur, Maharashtra (the bank) for contravention of the provisions of Section 20 read with Section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers con...
MUMBAI, India, Dec. 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated December 26, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The District Co-operative Central Bank Ltd., Warangal, Telangana (the bank) for contravention of provisions of Section 20 read with Section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers conferred on RBI under the pro...
MUMBAI, India, Dec. 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated December 26, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Salem Urban Co-operative Bank Limited, Tamil Nadu (the bank) for non-compliance with certain directions issued by RBI on 'Framework for Compromise Settlements and Technical Write-offs'. This penalty has been imposed in exercise of powers conferred on RBI unde...
MUMBAI, India, Dec. 29 -- Reserve Bank of India issued the following press release: I. Summary OMO Purchase Results Aggregate Amount (Face value) notified by RBI : ₹50,000 crore Total amount offered (Face value) by participants : ₹1,42,663 crore Total amount accepted (Face value) by RBI : ₹50,000 crore II. Details of OMO Purchase Issue Security 6.79% GS 2029 7.61% GS 2030 7.26% GS 2033 6.79% GS 2034 6.67% GS 2035 7.18% GS 2037 7.30% GS 2053 No. of offers received 112 89 110 ...
MUMBAI, India, Dec. 29 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank of India released its web publication entitled 'Statistical Tables relating to Banks in India: 2024-25' covering the activities of the Indian banking sector. 2. The publication presents entity-wise information on major items of liabilities and assets along with their maturity profile; income and expenses; select financial ratios, number of employees and details of priority sector advance...
India, Dec. 27 -- INDIAN AIR FORCE (IAF) has issued a tender notice titled "Electronic Surveillance System for Speed Monitoring, Qty: 2" with the tender reference no.: GEM/2025/B/7047270. The tender details are as follows: Electronic Surveillance System for Speed Monitoring The expression of interest should be received by Jan. 5, 2026. For more information, contact INDIAN AIR FORCE (IAF), Ministry Of Defence Ministry of Defence|Department of Military Affairs NAGPUR CITY, addlceo@gem.gov.in....
India, Dec. 27 -- GUJARAT STATE ELECTRICITY CORPORATION LIMITED (GSECL) has issued a tender notice titled "Hiring of Consultants - Milestone/Deliverable Based - Technology Consultants, Subject Matter Expert, Qty: 1" with the tender reference no.: GEM/2025/B/7038846. The tender details are as follows: Hiring of Consultants - Milestone/Deliverable Based - Technology Consultants, Subject Matter Experts, Appointment of consultant for consultancy services of pre contract activities for setting up of...