MUMBAI, India, May 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) draws attention of the public to Press Release dated December 11, 2023 cautioning members of the public on false and misleading campaigns promising loan waivers. RBI has observed, with serious concern, the continued occurrence of such campaigns, through various media channels and direct outreach, by certain individuals and entities. Such campaigns not only mislead the general public...
MUMBAI, India, May 4 -- Reserve Bank of India issued the following press release: Analysis of the performance under the Citizen's Charter during the month of April 2026 has been carried out, and the summary thereof is given below - Description No. of Applications A Applications pending at the beginning of the month 3,452 B Applications received during the month 18,270 C Referred back to applicants for additional information 572 Total (A+B-C) 21,150 D Applications processed during the month ...
MUMBAI, India, May 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated April 29, 2026, imposed a monetary penalty of ₹20,000/- (Rupees Twenty Thousand only) on Mogaveera Co-operative Bank Ltd., Mumbai (the bank) for non-compliance with certain directions issued by RBI on 'Prudential Norms on Capital Adequacy - Primary (Urban) Co-operative Banks (UCBs)'. This penalty has been imposed in exercise of powers conferred on RBI un...
MUMBAI, India, May 4 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in...
MUMBAI, India, May 4 -- 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) 21,797.63 4.79 4.00-5.35 I. Call Money 1,810.55 4.92 4.50-5.35 II. Triparty Repo 18,350.70 4.81 4.00-5.15 III. Market Repo 1,636.38 4.39 4.01-5.00 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - I...
MUMBAI, India, May 4 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in...
MUMBAI, India, May 4 -- 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) 16,024.80 5.26 4.50-6.00 I. Call Money 1,583.15 5.01 4.50-5.50 II. Triparty Repo 7,955.55 5.30 4.90-5.65 III. Market Repo 0.00 - - IV. Repo in Corporate Bond 6,486.10 5.26 5.15-6.00 B. Term Segment I. Notice Money** 15,373.06 5.29 4.60-5.40 II. Term Mon...
MUMBAI, India, May 2 -- Reserve Bank of India issued the following press release: Government of India, vide its notification dated May 02, 2026, and in exercise of the powers conferred by clause (a) of sub-section (1) of section 8 of the Reserve Bank of India Act 1934, read with sub-section (4) of section 8 thereof, has appointed Shri Rohit Jain, Executive Director as Deputy Governor of Reserve Bank of India for a period of three years from the date of joining the post on or after May 03, 2026 ...
AMARAVATI, India, May 1 -- Andhra Pradesh High Court issued the following order on March 31: 1. The present Contempt Case is filed for non-compliance of the Order dated 16.08.2019 passed by this Court in I.A.No.1 of 2018 in W.P.No.23146 of 2018. 2. At the time of hearing, the learned counsel for the Petitioners would submit that subsequently the Writ Petition was dismissed on 29.07.2021 and requested to close the Contempt Case. 3. In that view, the Contempt Case is closed. 4. No order as ...
AMARAVATI, India, May 1 -- Andhra Pradesh High Court issued the following order on March 31: 1. Heard Sri Chetan Susheel, learned Counsel appearing on behalf of Sri M.R.K. Chakravarthy, learned Counsel for the Contempt Petitioner and Sri D. Nava Kiran, learned Counsel appearing on behalf of Sri Gurram Ramachandra Rao, learned Counsel for the Respondents. 2. Ld. Counsel for the Respondents has submitted the Written Instructions dated 28.03.2026 furnished by the Joint Director, O/o. Director of...