India, Dec. 17 -- The Government of India has issued a release: The Department of Fisheries, Government of India (DoF, GoI) has been implementing various schemes/programmes for holistic development of fisheries in the country in all States/UTs including Gujarat. The major schemes included Blue Revolution Scheme (2015-16 to 2019-20), extending Kisan Credit Card (KCC) to fisheries (since 2018-19), Fisheries and Aquaculture Infrastructure Development Fund (FIDF) (2018-19 to 2025-26), Pradhan Mantr...
India, Dec. 17 -- The Government of India has issued a release: Union Minister of State, Ministry of Commerce and Industry and Ministry of Electronics and IT, Shri Jitin Prasada represented India and delivered the national statement at the High-Level Meeting of the United Nations General Assembly (UNGA) on the overall review of the implementation of the outcomes of the World Summit on the Information Society (WSIS+20) in New York, USA on 16 December, 2025. The World Summit on the Information S...
MUMBAI, India, Dec. 18 -- Reserve Bank of India issued the following notification: RBI/2025-26/155 FIDD.CO.LBS.BC.No.09/02.08.001/2025-26 December 18, 2025 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Formation of new district in the State of Gujarat - Assignment of Lead Bank Responsibility The Government of Gujarat has notified formation of new district, viz., Vav-Tharad in the state of Gujarat vide Gazette Notification No. GHM/2025/2...
MUMBAI, India, Dec. 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) 6,65,765.77 5.30 0.01-6.50 I. Call Money 18,160.19 5.46 4.50-5.65 II. Triparty Repo 4,39,833.90 5.28 4.80-5.45 III. Market Repo 2,05,109.38 5.32 0.01-5.65 IV. Repo in Corporate Bond 2,662.30 5.61 5.50-6.50 B. Term Segment I. Notice Money** 254.00 5.37...
MUMBAI, India, Dec. 18 -- Reserve Bank of India issued the following press release: Tenor 4-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 50,053 Amount allotted (in ₹ crore) 50,053 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: 2025-2026/1726 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Dec. 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 December 19, 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. 18 -- Reserve Bank of India issued the following press release: Security 6.75% GS 2029 6.10% GS 2031 6.54% GS 2032 7.18% GS 2033 6.33% GS 2035 7.23% GS 2039 7.09% GS 2054 Total amount notified Aggregate amount of ₹50,000 crore (No security-wise notified amount) Total amount (Face Value) accepted by RBI (₹ in crore) 1,764 6,272 17,519 11,801 9,494 406 2,744 Cut off yield (%) 6.1537 6.4237 6.4983 6.6180 6.5875 6.9607 7.2983 Cut off price (₹) 102.09 98.50 100...
MUMBAI, India, Dec. 18 -- Reserve Bank of India issued the following press release: I. Summary Omo Purchase Results Aggregate Amount (Face value) notified by RBI : ₹50,000 crore Total amount offered (Face value) by participants : ₹1,39,104 crore Total amount accepted (Face value) by RBI : ₹50,000 crore II. Details Of OMO Purchase Issue Security 6.75% GS 2029 6.10% GS 2031 6.54% GS 2032 7.18% GS 2033 6.33% GS 2035 7.23% GS 2039 7.09% GS 2054 No. of offers received 81 74 131 1...
MUMBAI, India, Dec. 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated December 15, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty thousand only) on The Tamilnadu Circle Postal Co-operative Bank Limited, Tamil Nadu (the bank) for non-compliance with certain directions issued by RBI on 'Exposure Norms and Statutory / Other Restrictions - UCBs'. This penalty has been imposed in exercise of powers conferred on R...
MUMBAI, India, Dec. 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated December 15, 2025, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on The Arakonam Co-operative Urban Bank Limited, Tamil Nadu (the bank) for contravention of provisions of Section 17 read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on 'Exposure Nor...