MUMBAI, India, Dec. 24 -- Reserve Bank of India issued the following notification: RBI/2025-26/156 CO.DPSS.RLPD.No.S1039/04-07-001/2025-2026 December 24, 2025 The Chairman / Managing Director / Chief Executive Officer of Banks participating in Cheque Truncation System / National Payments Corporation of India Dear Sir / Madam, Continuous Clearing and Settlement on Realisation in Cheque Truncation System: Phase 2 A reference is invited to the circular CO.DPSS.RLPD.No.S536/04-07-001/2025-2...
MUMBAI, India, Dec. 24 -- 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 Variable Rate Repo (VRR) auction on Friday, December 26, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,75,000 4 9:30 AM to 10:00 AM December 30, 2025 (Tuesday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Releas...
MUMBAI, India, Dec. 24 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series-XIII-Issue date December 26, 2017) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be December 26, 2025. 2. Further, the redemption price of SGB shall be based on ...
MUMBAI, India, Dec. 24 -- Reserve Bank of India issued the following press release: As announced vide the Press Release 2025-2026/1759 dated December 23, 2025, the Reserve Bank will be conducting a USD/INR Buy/Sell swap auction of USD 10 billion for a tenor of three years. The details of the auction are as under: Swap Amount (USD Billion) Auction date Auction Time Near Leg/Spot Date Far Leg Date 10 January 13, 2026 10.30 AM to 11.30 AM January 15, 2026 January 16, 2029 The market participa...
MUMBAI, India, Dec. 24 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Reserve Money for the fortnight ended December 15, 2025. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1767 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Dec. 24 -- 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 December 26, 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 De...
MUMBAI, India, Dec. 24 -- 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) 7,09,153.60 5.27 0.01-6.45 I. Call Money 16,171.31 5.42 4.50-5.65 II. Triparty Repo 4,79,202.00 5.23 4.75-5.46 III. Market Repo 2,10,106.69 5.34 0.01-5.75 IV. Repo in Corporate Bond 3,673.60 5.55 5.50-6.45 B. Term Segment I. Notice Money** 295.50 5.41...
MUMBAI, India, Dec. 24 -- Reserve Bank of India issued the following press release: Tenor 2-day Notified Amount (in ₹ crore) 1,25,000 Total amount of bids received (in ₹ crore) 87,347 Amount allotted (in ₹ crore) 87,347 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1763 Disclaimer: Curated by HT Syndication....
JABALPUR, India, Dec. 23 -- Madhya Pradesh High Court issued the following judgment/order on Nov. 24: 1. In all these writ petitions, a common question of fact and law is involved and therefore, they are heard analogously and disposed of by this common order. 2. A common grievance of the petitioners in this batch of writ petitions is with regard to grant of annual increment which became due on completion of one year's service before attaining the age of superannuation. In some of the cases, t...
JABALPUR, India, Dec. 23 -- Madhya Pradesh High Court issued the following judgment/order on Nov. 24: 1. In all these writ petitions, a common question of fact and law is involved and therefore, they are heard analogously and disposed of by this common order. 2. A common grievance of the petitioners in this batch of writ petitions is with regard to grant of annual increment which became due on completion of one year's service before attaining the age of superannuation. In some of the cases, t...