MUMBAI, India, Sept. 23 -- Reserve Bank of India issued the following press release: The Reserve Bank had issued a press release dated December 01, 2022, on Voluntary Surrender of Certificate of Registration (CoR) by NBFCs (including HFCs) for cancellation enclosing application form and indicative checklist. The Reserve Bank has since launched the PRAVAAH portal on May 28, 2024, to make it convenient for any individual or entity to apply online for various regulatory approvals and clearances ...
MUMBAI, India, Sept. 23 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 1,00,000 Total amount of bids received (in ₹ crore) 40,510 Amount allotted (in ₹ crore) 40,510 Cut off Rate (%) 5.51 Weighted Average Rate (%) 5.51 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1149 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Sept. 23 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 1,00,000 Total amount of bids received (in ₹ crore) 1,67,994 Amount allotted (in ₹ crore) 1,00,006 Cut off Rate (%) 5.51 Weighted Average Rate (%) 5.52 Partial Allotment Percentage of bids received at cut off rate (%) 8.66 Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1148 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Sept. 23 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Repo (VRR) auction on Tuesday, September 23, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 1 10:45 AM to 11:15 AM September 24, 2025 (Wednesday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's ...
MUMBAI, India, Sept. 23 -- 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) 6,65,112.91 5.54 4.00-6.60 I. Call Money 20,614.94 5.58 4.75-5.80 II. Triparty Repo 4,41,189.35 5.54 5.40-6.09 III. Market Repo 1,99,397.07 5.53 4.00-5.90 IV. Repo in Corporate Bond 3,911.55 5.72 5.64-6.60 B. Term Segment I. Notice Money** 285.05 5.4...
India, Sept. 22 -- The Government of India issued the following news release: The Prime Minister, Shri Narendra Modi has conveyed his best wishes on the occasion of Navratri. Shri Modi stated that this time the auspicious occasion of Navratri is very special. "Along with the GST Savings Festival, the mantra of Swadeshi is going to receive a new energy during this period. Let us come together in collective efforts for the fulfillment of the resolve for a developed and self-reliant India" Shri Mo...
India, Sept. 22 -- The Government of India issued the following news release: The Prime Minister, Shri Narendra Modi has prayed to Goddess Shailputri on first day of Navratri. (Omitted Hindi content can be viewed at https://www.pib.gov.in/PressReleasePage.aspx?PRID=2169376 ) Disclaimer: Curated by HT Syndication....
India, Sept. 22 -- The Government of India issued the following news release: The Prime Minister, Shri Narendra Modi has shared one of the soulful rendition by Pandit Jasraj ji on the occasion of Navratri. Shri Modi stated that Navratri is about pure devotion and many people have encapsulated this devotion through music."If you have sung a Bhajan or have a favourite one, please share it with me. I will be posting some of them in the coming days!", Shri Modi said. The Prime Minister posted on X...
India, Sept. 22 -- The Government of India issued the following news release: Prime Minister Shri Narendra Modi laid the foundation stone and inaugurated various development works worth over Rs 5,100 crore in Itanagar, Arunachal Pradesh today. Addressing the gathering on the occasion, he extended reverence to the Almighty Donyi Polo, praying for blessings upon all. Prime Minister remarked that the journey from the helipad to the ground, meeting countless people along the way, and witnessing c...
India, Sept. 22 -- The Government of India issued the following news release: The Prime Minister, Shri Narendra Modi paid his respects on the occasion of Maharaja Agrasen Ji's birth anniversary, today. (Omitted Hindi content can be viewed at https://www.pib.gov.in/PressReleasePage.aspx?PRID=2169523 ) Disclaimer: Curated by HT Syndication....