India, July 29 -- The Government of India has issued a release: The Pradhan Mantri Vidyalaxmi Scheme is a flagship initiative of the Education Ministry that seeks to make quality higher education accessible to deserving students facing financial constraints. The scheme provides collateral-free and guarantor-free education loans to such students for studying in top ranked higher education institutions in the country. It further supports beneficiaries through interest subvention based on family i...
India, July 29 -- The Government of India has issued a release: The National Human Rights Commission (NHRC), India has taken suo motu cognizance of a media report that a 5-year-old boy studying in a private school was subjected to torture and inhuman treatment by his teacher in Varanasi district, Uttar Pradesh. The teacher, enraged after the boy urinated in his pants, reportedly took him to the school kitchen and branded his private parts with a hot knife. The Commission has observed that the ...
India, July 29 -- The Government of India has issued a release: The National Human Rights Commission (NHRC), India has taken suo motu cognizance of a media report that on 26th July 2026, four workers died and two others were severely injured in an explosion at a metal processing factory in Cachar district, Assam. Reportedly, molten metal spilled over the workers after the explosion. The families of the victims and locals alleged that such incidents have happened at the factory earlier also. Th...
India, July 29 -- The Government of India has issued a release: The National Human Rights Commission (NHRC), India has taken suo motu cognizance of a media report that on 26th July 2026, a sanitation worker and a security guard died after inhaling toxic gases inside a sewage treatment plant at a residential society in NOIDA, Gautam Budh Nagar, Uttar Pradesh. Reportedly, the sanitation worker entered the sewage treatment plant to clean a tank and lost consciousness. When the worker did not come...
MUMBAI, India, July 30 -- Reserve Bank of India issued the following notification: RBI/DOR/2026-27/208 DOR.ACC.REC.No.186/29.67.001/2026-27 July 30, 2026 Reserve Bank of India (Payments Banks - Governance) Third Amendment Directions, 2026 Please refer to the Reserve Bank of India (Payments Banks - Governance) Directions, 2025 (hereinafter referred to as 'the Directions'). 2. On a review, consequent to the issuance of the Reserve Bank of India (Small Finance Banks - Prudential Norms on Capi...
MUMBAI, India, July 30 -- Reserve Bank of India issued the following notification: RBI/DOR/2026-27/205 DOR.ACC.REC.No.182/13-10-001/2026-27 July 30, 2026 Reserve Bank of India (Commercial Banks - Asset Liability Management) Second Amendment Directions, 2026 Please refer to the Reserve Bank of India (Commercial Banks - Asset Liability Management) Directions, 2025 (hereinafter referred to as 'the Directions'). 2. On a review, consequent to the issuance of the Reserve Bank of India (Commercia...
MUMBAI, India, July 30 -- Reserve Bank of India issued the following notification: RBI/2026-27/204 DOR.ACC.REC.No.185/21-02-002/2026-27 July 30, 2026 Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Seventh Amendment Directions, 2026 Please refer to 'Annex III: Pillar 3 Disclosure Requirements' of the Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Directions, 2025 (hereinafter referred to as 'the Directions'). Upon a review and...
MUMBAI, India, July 30 -- Reserve Bank of India issued the following notification: RBI/DOR/2026-27/212 DOR.ACC.REC.No.189/29.67.001/2026-27 July 30, 2026 Reserve Bank of India (Small Finance Banks - Governance) Third Amendment Directions, 2026 Please refer to the Reserve Bank of India (Small Finance Banks - Governance) Directions, 2025 (hereinafter referred to as 'the Directions'). 2. On a review, consequent to the issuance of the Reserve Bank of India (Small Finance Banks - Prudential Nor...
MUMBAI, India, July 30 -- Reserve Bank of India issued the following notification: RBI/DOR/2026-27/206 DOR.ACC.REC.No.183/29.67.001/2026-27 July 30, 2026 Reserve Bank of India (Commercial Banks - Governance) Third Amendment Directions, 2026 Please refer to the Reserve Bank of India (Commercial Banks - Governance) Directions, 2025 (hereinafter referred to as 'the Directions'). 2. On a review, consequent to the issuance of the Reserve Bank of India (Commercial Banks - Prudential Norms on Ca...
MUMBAI, India, July 30 -- 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) 6,71,325.40 5.14 0.01-5.55 I. Call Money 16,884.60 5.30 4.60-5.40 II. Triparty Repo 4,69,381.60 5.14 4.50-5.35 III. Market Repo 1,78,305.75 5.09 0.01-5.50 IV. Repo in Corporate Bond 6,753.45 5.33 5.28-5.55 B. Term Segment I. Notice Money** 170.60 5.05...