MUMBAI, India, Dec. 23 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 37,622 Amount allotted (in ₹ crore) 37,622 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: 2025-2026/1756 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Dec. 23 -- 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 Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak (Karnataka) vide Directive No. CO.DOS.SED.No.S4800/12-23-151/2024-25 dated September 26, 2024, for a period of six months up to close of business on March 27, 2025. The Reserve Bank of India is satisfied that in the public interest, i...
MUMBAI, India, Dec. 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, December 23, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 1 11:30 AM to 12:00 Noon December 24, 2025 (Wednesday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Pres...
MUMBAI, India, Dec. 23 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 1,16,349 Amount allotted (in ₹ crore) 75,033 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) 54.34 Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1753 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Dec. 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) 7,25,101.26 5.29 1.25-6.35 I. Call Money 18,149.59 5.38 4.50-5.50 II. Triparty Repo 5,03,670.60 5.30 5.10-5.70 III. Market Repo 1,99,071.77 5.26 1.25-5.95 IV. Repo in Corporate Bond 4,209.30 5.46 5.40-6.35 B. Term Segment I. Notice Money** 711.80 5.41...
India, Dec. 20 -- The Government of India has issued a release: The Prime Minister, Narendra Modi, has extended his greetings to all personnel associated with the Sashastra Seema Bal on their Raising Day. The Prime Minister said that the SSB's unwavering dedication reflects the highest traditions of service and that their sense of duty remains a strong pillar of the nation's safety. He noted that from challenging terrains to demanding operational conditions, the SSB stands ever vigilant. The ...
India, Dec. 20 -- The Government of India has issued a release: The President of India, Smt Droupadi Murmu, addressed the conference on 'Timeless Wisdom of Bharat: Pathways of Peace and Progress', being organised by Brahma Kumaris Shanti Sarovar to mark its 21st Anniversary at Hyderabad today (December 20, 2025). Speaking on the occasion, the President said that the global community is undergoing numerous transformations. Along with these changes, we face many serious challenges such as mental...
India, Dec. 20 -- The Government of India has issued a release: Key Takeaways On August 27, 2025, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi, approved the "Restructuring and extension of the lending period beyond 31.12.2024 of Prime Minister Street Vendor's Atma Nirbhar Nidhi (PM SVANidhi) Scheme". The lending period has now been extended until March 31, 2030. The total outlay for the scheme is Rs.7,332 crore. The restructured scheme aims to benefit 1.15 crore beneficiarie...
India, Dec. 20 -- The Government of India has issued a release: Union Health Minister, Shri Jagat Prakash Nadda addressed the 21st annual convocation ceremony of King George's Medical University (KGMU), in Lucknow today. Smt. Anandiben Patel, Governor, Uttar Pradesh; Shri Brajesh Pathak, Deputy Chief Minister and Minister of Medical Education, Medical, Health and Family Welfare; Govt. of Uttar Pradesh; Shri Pankaj Kumar, Minister of State for Finance, Govt. of India; Shri Mayankeshwar Sharan Si...
India, Dec. 20 -- The Government of India has issued a release: नोमोस्कार। लुइटपोरिया राइजोलोई मुर श्रोद्धा अरु मरोम ज़ासिसु! Governor of Assam, Shri Lakshman Prasad Acharya ji, Ch...