India, Sept. 9 -- The Government of India has issued a release: MC²+ will tomorrow launch a dedicated Node and Co-working Space on the 6th Floor of the NRL Centre, Guwahati, marking a significant step in its efforts to strengthen India's startup and innovation ecosystem, with particular focus on the Northeast. Located in the heart of Guwahati, the new facility has been envisioned as a vibrant, collaborative and professionally equipped environment for startups, entrepreneurs and innovators...
India, Sept. 9 -- The Government of India has issued a release: The 9th ASEAN-India Ministerial Meeting on Agriculture and Forestry, held on 9 September 2026 in New Delhi, reaffirmed India and ASEAN's shared commitment to building a more food-secure, sustainable and resilient agricultural future. Co-chaired by H.E. Francisco P. Tiu Laurel, Secretary, Department of Agriculture, The Philippines, and Shri Shivraj Singh Chouhan, Union Minister for Agriculture and Farmers' Welfare, India, the Meetin...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following speech: Good afternoon. I am delighted to be here at the Global Fintech Fest once again. Over the years, this platform has evolved beyond being an industry conference to a forum where policymakers, regulators, innovators, financial institutions, entrepreneurs and academia come together to exchange ideas that will shape the future of finance. 2. Let me begin by complimenting the organisers - the Payments Council of India, the...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, September 11, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 5,00,000 26 9:30 AM to 10:00 AM October 07, 2026 (Wednesday) 2. The operational guidelines for the auction will be same as given in Reserve Ban...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: In terms of GoI notification F.No. 4(7)-B(W&M)/2019 dated September 30, 2019 (https://rbidocs.rbi.org.in/rdocs/content/pdfs/SGBN30092019.pdf) (SGB 2019-20 Series X - Issue date March 11, 2020) 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 prema...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated September 09, 2026, imposed a monetary penalty of ₹1.15 lakh (Rupees One Lakh and Fifteen Thousand only) on Jilla Sahakari Bank Ltd., Azamgarh, Uttar Pradesh (the bank) for non-compliance with certain directions issued by RBI on 'Membership of Credit Information Companies (CICs) by Co-operative Banks' and 'Know Your Customer (KYC)'. This penalty has b...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: The Reserve Bank had recognised FinTech Association for Consumer Empowerment (FACE) as the first Self-Regulatory Organisation in the FinTech Sector (SRO-FT), vide Press Release dated August 28, 2024. 2. RBI has since received an application from the Unified Fintech Forum (UFF) seeking recognition as SRO-FT. The application was examined against the requirements of the Framework, and it has been decided to accor...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Kanaka Pattana Sahakara Bank Niyamita, Davangere vide Directive No.BLR.DOS.QAG.No.S1362/12-07-248/2025-2026 dated March 11, 2026 for a period of six months up to close of business on September 12, 2026. The Reserve Bank of India is satisfied that in the public interest, it is necessary to fu...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (issue / re-issue) of Government Securities, as detailed below, through auction to be held on September 11, 2026 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each ...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 6,00,000 Total amount of offers received (in ₹ crore) 3,96,694 Amount accepted (in ₹ crore) 3,96,694 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1085 Disclaimer: Curated by HT Syndication....