MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 25, 2026 - May 29, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of Forwards Spot Forward Cancellation ofForwards Spot Swap Forward Spot Swap Forward Purchases 25-05-2026 3,166 2,068...
MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 18, 2026 - May 22, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of Forwards Spot Forward Cancellation of Forwards Spot Swap Forward Spot Swap Forward Purchases 18-05-2026 5,018 1,43...
MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 11, 2026 - May 15, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of Forwards Spot Forward Cancellation of Forwards Spot Swap Forward Spot Swap Forward Purchases 11-05-2026 4,948 1,38...
MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 04, 2026 - May 08, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of Forwards Spot Forward Cancellation of Forwards Spot Swap Forward Spot Swap Forward Purchases 04-05-2026 5,764 2,02...
MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI), vide order dated June 16, 2026, has cancelled the licence of "Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak, Karnataka", under Section 22 read with Section 56 of the Banking Regulation Act, 1949 (BR Act). Consequently, the bank ceases to carry on banking business, with effect from the close of business on June 18, 2026. The Registrar of Co-operative Societies, Karnat...
MUMBAI, India, June 18 -- 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 auction to be held on June 19, 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 Primary Dealer...
MUMBAI, India, June 18 -- 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) 6,87,307.30 5.22 4.20-5.60 I. Call Money 20,840.09 5.35 4.20-5.45 II. Triparty Repo 4,86,503.90 5.19 4.79-5.32 III. Market Repo 1,73,076.36 5.27 4.50-5.60 IV. Repo in Corporate Bond 6,886.95 5.41 5.40-5.55 B. Term Segment I. Notice Money** 145.50 5.17...
AMARAVATI, India, June 17 -- Andhra Pradesh High Court issued the following order on May 14: 1. The Writ Petition has been filed for the following relief: "...pleased to order, writ or direction more particularly in the nature of Writ of Mandamus Under Article 226 of the Constitution of India questioning the action of the respondents in seeking dispossession of the petitioner from his property in an extent of Ac.0.60 cents, Ac. 1.20 cents, Ac. 1.80 cents, Ac.0.50 cents in Sy.No.122, Ac.0.45 ce...
AMARAVATI, India, June 17 -- Andhra Pradesh High Court issued the following order on May 14: 1. The Writ Petition has been filed for the following relief: "...to issue an appropriate Writ Order or Direction, more particularly one in the nature of Writ Of Mandamus declare the action of the Respondents in demanding the Petitioners to pay a sum of Rs.5,00,000/- and Rs. 7,50,000/- respectively towards the license fee for permit room though the Petitioners are not intend to extend/require a permit...
AMARAVATI, India, June 17 -- Andhra Pradesh High Court issued the following order on May 14: 1. The Writ Petition has been filed for the following relief: "...to issue an appropriate writ, order or direction more particularly one in the nature of writ of mandamus declaring that the impugned order of assessment penalty interest passed by the respondent No.2 vide DRC-07, dt.16.05.2024 for the financial years 2020-21 and 2021-22 on best judgment basis under CGST and SGST which is a single assessm...