MUMBAI, India, Oct. 10 -- Reserve Bank of India issued the following speech: I am very happy to participate in this 6th edition of the Global FinTech Fest (GFF). It is a premier forum where the wizards of technology intersect with the experts of finance. It is a unique forum where young innovators, brimming with bold ideas, converge with the steady wisdom of experienced leaders. This synergy which shapes solutions to common challenges reflects the true spirit of the GFF. This event also reflect...
MUMBAI, India, Oct. 10 -- Reserve Bank of India issued the following press release: The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹12,800 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Bihar 1,500 20 Yield 2. Gujarat 1,000 09 Yield 3. Jammu and Kashmir 300 20 Yield 4. Maharashtra 1,000 Re-issue of 7.27% SGS 2036, issued on September 24, 2025 Price 1,500 Re-issue of 7.26% ...
MUMBAI, India, Oct. 10 -- Reserve Bank of India issued the following press release: 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2024 2025 Variation Oct. 04 Sep. 26 Oct. 03 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government - 0 0 0 0 4.2 State Governments 35809 32622 22137 -10485 -13672 * Data are provisional; difference, if any, is due to rounding off. 2. Foreign Exchange Reserves* Item As on Oct. 03, 2025 Variation over Week End-March 2025 Year &...
MUMBAI, India, Oct. 10 -- Reserve Bank of India issued the following press release: The Reserve Bank has constantly endeavoured to optimise its regulatory framework with a focus inter alia on reducing the regulatory burden and compliance costs, apart from timely re-evaluation of the currency of existing instructions. Pursuant to the above, the Reserve Bank has undertaken a comprehensive exercise of consolidating the regulatory instructions currently administered by the Department of Regulatio...
MUMBAI, India, Oct. 10 -- Reserve Bank of India issued the following press release: Tenor 3-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 37,929 Amount allotted (in ₹ crore) 37,929 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: 2025-2026/1288 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Oct. 10 -- Reserve Bank of India issued the following press release: In the underwriting auction conducted on October 10, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, 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 Competitiv...
MUMBAI, India, Oct. 10 -- 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 Friday, October 10, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 10:15 AM to 10:45 AM October 13, 2025 (Monday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021...
MUMBAI, India, Oct. 10 -- 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) 6,49,823.97 5.54 4.50-6.50 I. Call Money 20,823.46 5.51 4.75-6.00 II. Triparty Repo 3,96,728.25 5.55 5.33-6.05 III. Market Repo 2,28,270.71 5.51 4.50-6.00 IV. Repo in Corporate Bond 4,001.55 5.63 5.50-6.50 B. Term Segment I. Notice Money** 155.50 5.39...
JABALPUR, India, Oct. 9 -- Madhya Pradesh High Court issued the following judgment/order on Sept. 10: The grievance raised by the petitioner is that construction of road over bridge has been commenced without following the provisions of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Learned counsel for petitioners submits that though notices have been given to 212 land owners, however, as per petitioners, more are likely to be e...
JABALPUR, India, Oct. 9 -- Madhya Pradesh High Court issued the following judgment/order on Sept. 10: Learned senior counsel for the appellant submits that appellant has been non suited on two grounds, firstly on the ground of concealment and secondly on the ground that the appellant was only given charge of the post of Chief Medical & Health Officer till the time of regular incumbent is appointed and since respondent no. 5 has been regularly appointed, the charge was taken away. Learned senio...