MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, September 11, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 5,00,000 26 9:30 AM to 10:00 AM October 07, 2026 (Wednesday) 2. The operational guidelines for the auction will be same as given in Reserve Ban...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: In terms of GoI notification F.No. 4(7)-B(W&M)/2019 dated September 30, 2019 (https://rbidocs.rbi.org.in/rdocs/content/pdfs/SGBN30092019.pdf) (SGB 2019-20 Series X - Issue date March 11, 2020) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the next due date of prema...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated September 09, 2026, imposed a monetary penalty of ₹1.15 lakh (Rupees One Lakh and Fifteen Thousand only) on Jilla Sahakari Bank Ltd., Azamgarh, Uttar Pradesh (the bank) for non-compliance with certain directions issued by RBI on 'Membership of Credit Information Companies (CICs) by Co-operative Banks' and 'Know Your Customer (KYC)'. This penalty has b...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: The Reserve Bank had recognised FinTech Association for Consumer Empowerment (FACE) as the first Self-Regulatory Organisation in the FinTech Sector (SRO-FT), vide Press Release dated August 28, 2024. 2. RBI has since received an application from the Unified Fintech Forum (UFF) seeking recognition as SRO-FT. The application was examined against the requirements of the Framework, and it has been decided to accor...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Kanaka Pattana Sahakara Bank Niyamita, Davangere vide Directive No.BLR.DOS.QAG.No.S1362/12-07-248/2025-2026 dated March 11, 2026 for a period of six months up to close of business on September 12, 2026. The Reserve Bank of India is satisfied that in the public interest, it is necessary to fu...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (issue / re-issue) of Government Securities, as detailed below, through auction to be held on September 11, 2026 (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 ...
MUMBAI, India, Sept. 10 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 6,00,000 Total amount of offers received (in ₹ crore) 3,96,694 Amount accepted (in ₹ crore) 3,96,694 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1085 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Sept. 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) 6,81,467.94 4.53 1.00-5.52 I. Call Money 11,923.12 4.99 4.40-5.18 II. Triparty Repo 4,86,499.45 4.59 4.30-5.00 III. Market Repo 1,76,681.42 4.34 1.00-5.52 IV. Repo in Corporate Bond 6,363.95 4.90 4.85-5.50 B. Term Segment I. Notice Money** 279.00 4.9...
India, Sept. 8 -- The Government of India has issued a release: The Rashtriya Poshan Maah (National Nutrition Month) is observed every September as a dedicated platform to mobilise communities and reinforce key nutrition, health and caregiving behaviours among pregnant women, lactating mothers, children, adolescents, and their families. The 9th Poshan Maah 2026, which will be launched on Sept. 9, 2026, highlights the importance of Anganwadi Centres. It will raise awareness about balanced, prote...
India, Sept. 8 -- The Government of India has issued a release: Vice-President Shri C. P. Radhakrishnan today visited the INA Museum at Moirang, Manipur paying homage to the valour and sacrifice of the Indian National Army (INA). He visited the historic site where the Indian Tricolour was first hoisted on the Indian mainland by the INA and toured the INA War Museum gallery. He also paid floral tribute to Netaji Subhas Chandra Bose. Later, the Vice-President visited Sainik School Imphal, where ...