India, May 12 -- The Government of India has issued a release: The Prime Minister, Shri Narendra Modi, shared a Sanskrit Subhashitam emphasising that knowledge can be gained only through devoted service to the Guru. The Prime Minister shared a Sanskrit Subhashitam- "यथा खात्वा खनित्रेण भूतले वारि विन्दत&...
India, May 12 -- The Government of India has issued a release: The Vice President of India, Shri C. P. Radhakrishnan today addressed the 51st Convocation Ceremony of All India Institute of Medical Sciences, New Delhi at Bharat Mandapam, New Delhi. Highlighting the contribution of AIIMS in healthcare delivery, the Vice President noted that the institute has emerged as the nation's primary engine of medical innovation and healthcare excellence, setting the highest standards of patient care and m...
MUMBAI, India, May 13 -- Reserve Bank of India issued the following notification: RBI/2026-27/82 A.P. (DIR Series) Circular No.10 May 13, 2026 To All Authorised Dealers Madam / Sir, Operating framework for facilitating Outward Remittance services by non- bank entities through Authorized Dealer (Category I) banks in India Attention of Authorised Persons is invited to Master Direction - Miscellaneous (Master Direction No. 19/2015-16 dated January 1, 2016), as amended from time to time. 2...
MUMBAI, India, May 13 -- Reserve Bank of India issued the following press release: Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹30,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction Source Securities Amount (FV) of Source Securities (in ₹ crore) Destination Securities May 18, 2026 (Monday) 6.79% GS 2027 (Maturing on May 15, 2027) 3,000 6.67% GS 2035 ...
MUMBAI, India, May 13 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 02-May-2025# 15-Apr-2026 30-Apr-2026 02-May-2025# 15-Apr-2026 30-Apr-2026 I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 349543.61 367443.29 399151.36 355519.18 376141.00 407371.06** b) Borrowings from banks 110268.37 74592.28 78619.91 110369.38 74896.94 79158.39 c) Other de...
MUMBAI, India, May 13 -- 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) 7,38,848.15 5.13 3.00-5.40 I. Call Money 16,051.42 5.25 4.20-5.35 II. Triparty Repo 5,44,521.75 5.13 4.93-5.19 III. Market Repo 1,72,504.58 5.11 3.00-5.40 IV. Repo in Corporate Bond 5,770.40 5.26 5.20-5.40 B. Term Segment I. Notice Money** 120.00 5.04 ...
NEW DELHI, May 13 -- The Government of India issued the following FEMA circular: RBI/2026-27/82 A.P. (DIR Series) Circular No.10 May 13, 2026 To All Authorised Dealers Madam / Sir, Operating framework for facilitating Outward Remittance services by non- bank entities through Authorized Dealer (Category I) banks in India Attention of Authorised Persons is invited to Master Direction - Miscellaneous (Master Direction No. 19/2015-16 dated January 1, 2016), as amended from time to time. 2....