MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: With a view to encourage writing originally in Hindi on the subjects of Economics/ Finance/Banking and general interest, Reserve Bank of India had invited entries for Inter-Bank Hindi Essay competition for the year 2025-26 vide press release dated 30 May 2025 in which Officers and Staff members (Other than Rajbhasha Officers and Translators) of Reserve Bank of India, Public Sector Banks and Regional Rural Banks ...
MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has been regularly conducting Inflation Expectations Survey of Households (IESH). The September 2025 round of the survey is being launched. The survey aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities, viz., Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, ...
MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: Government of India (GoI) has announced the sale (re-issue) of two dated securities 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 6.68% GS 2040 Jul 07, 2040 16,000 F.No.4(1)-B(W&M)/2025 dated August 25, 2025 August 29, 2025 (Friday) September 01, 2025 (Monda...
MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated August 21, 2025, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Anand Mercantile Co-operative Bank Ltd., Anand, Gujarat (the bank) for non-compliance with certain directions issued by RBI on 'Guidelines for Managing Risk in Outsourcing of Financial Services by Co-operative Banks' and 'Know Your Customer (KYC)'. This penalty has bee...
MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 19, 2025, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The Bellary District Co-operative Central Bank Limited, Karnataka (the bank) for contravention of provisions of Sections 19 and 20 read with Section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers confe...
MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order August 19, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Dharmapuri District Central Co-operative Bank Ltd., Tamil Nadu (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 provision...
MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 19, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Kalaburagi and Yadgir District Co-operative Central Bank Limited, Karnataka (the bank) for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under the provisi...
MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 19, 2025, imposed a monetary penalty of ₹50,000 (Rupees Fifty Thousand only) on The Bharat Co-operative Bank Limited, Bengaluru, Karnataka (the bank) for non-compliance with specific directions issued by RBI under 'Supervisory Action Framework (SAF)'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Se...
MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the data on performance of the private corporate sector during the first quarter of 2025-26, drawn from abridged quarterly financial results of 3,079 listed non-government non-financial companies. This summary position also includes comparable data for Q4:2024-25 and Q1:2024-25 to enable study of sequential (q-o-q) and annual (y-o-y) change (web-link https://data.rbi.org.in/DBIE/...
MUMBAI, India, Aug. 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has been regularly conducting Rural Consumer Confidence Survey (RCCS). The September 2025 round of the survey is being launched. The survey collects current perceptions and one year ahead expectations of households on general economic situation, employment scenario, overall price situation, own income and spending from the households residing in the rural and semi-urban areas across 31 ...