MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: Consequent on the appointment and assumption of charge by Shri Shirish Chandra Murmu as Deputy Governor, the distribution of portfolios among the Deputy Governors with effect from October 09, 2025 will be the following: Name Departments Shri T Rabi Sankar 1. Corporate Strategy and Budget Department 2. Department of Currency Management 3. Department of External Investments & Operations 4. Department of Informa...
MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: In pursuance of the Government of India notification dated September 30, 2025, Shri Shirish Chandra Murmu took over as the Deputy Governor of Reserve Bank of India today (October 09, 2025) for a period of three years or until further orders, whichever is earlier. Shri Murmu was Executive Director of the Reserve Bank before being elevated to the post of Deputy Governor. As Deputy Governor, Shri Murmu will look a...
MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 10, 2025 (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 Primary Dea...
MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: Reserve Bank of India (RBI) compiles the House Price Index (HPI) on quarterly basis based on transaction-level data received from the registration authorities. Today, the Reserve Bank released its House Price Index (HPI)1 for Q1:2025-26 with new base year as 2022-23, covering eighteen major cities2. Eight new cities viz., Hyderabad, Thiruvananthapuram, Pune, Ghaziabad, Thane, Gautam Buddha Nagar, Chandigarh and N...
MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has appointed Shri Sanjay Kumar Hansda as Executive Director (ED) with effect from March 03, 2025. Shri Hansda reported back to the Bank on October 06, 2025, on completion of his deputation as Senior Advisor to ED (India), International Monetary Fund (IMF). Prior to being promoted as ED, Shri Hansda was serving as Adviser, Department of Economic and Policy Research. He also served...
MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 46,860 Amount accepted (in ₹ crore) 46,860 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.48 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1279 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Oct. 9 -- 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) 6,38,972.88 5.28 4.50-6.30 I. Call Money 15,471.12 5.34 4.75-5.40 II. Triparty Repo 4,14,362.30 5.27 5.24-5.35 III. Market Repo 2,04,428.91 5.31 4.50-5.50 IV. Repo in Corporate Bond 4,710.55 5.47 5.40-6.30 B. Term Segment I. Notice Money** 137.80 5.24 ...
PATNA, India, Oct. 8 -- Patna High Court issued the following judgment on Sept. 8: Heard learned counsel for the petitioner, learned counsel for the Department of Mines and learned counsel for the State. 2. The petitioner has approached this Court for quashing the order dated 15.05.2025 passed by learned C.J.M., Rohtas at Sasaram in Misc. Case No. 005 of 2025 and for further quashing the letter dated 28.03.2025 bearing letter no. Camp 01 issued by the Mining Inspector, Rohtas at Sasaram by whi...
PATNA, India, Oct. 8 -- Patna High Court issued the following judgment on Sept. 8: 1.The petitioner has filed the Writ application for the following reliefs: "(i) Setting aside the proceeding of the Central Purchasing Committee as held on 10.10.2013 for the financial year 2013-14 as contained in Memo No. Kara/Kara02 08/13 5085 Patna dated 10.10.13 upon which basis to approve the rates of different commodities have been finalized and accordingly a direction has been given to make payment. (ii) ...
PATNA, India, Oct. 8 -- Patna High Court issued the following judgment on Sept. 8: 1.The petitioner has filed the Writ petition for the following reliefs: (a)For setting aside the certificate debtor's notice dated 31.12.2017 as well as the entire proceedings by which the petitioner has been directed to deposit Rs. 1,24,608/- (Rupees One Lakh Twenty Four Thousand and Six Hundred and eight only) in the Government Account as certificate debtor taken for completion of different government's scheme...