MUMBAI, India, July 23 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on Shri Baria Nagarik Sahakari Bank Ltd., Baria, Gujarat (the bank), for non-compliance with certain directions issued by RBI on 'Inspection & Audit Systems in Primary (Urban) Co-operative Banks'. This penalty has been imposed in exercise of powers conferred on RBI under the pr...
MUMBAI, India, July 23 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conf...
MUMBAI, India, July 23 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹50,000/- (Rupees Fifty thousand only) on Mandya District Co-operative Central Bank Ltd., Karnataka (the bank) for contravention of provisions of section 19 read with section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers conferred on RBI under the provis...
MUMBAI, India, July 23 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The City Co-operative Bank, Hassan, Karnataka (the bank) for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with s...
MUMBAI, India, July 23 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Money Supply for the fortnight ended on July 15, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/738 Disclaimer: Curated by HT Syndication....
MUMBAI, India, July 23 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auction to be held on July 24, 2026 (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 ...
MUMBAI, India, July 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) 6,59,097.60 5.25 3.00-5.50 I. Call Money 14,662.89 5.38 4.60-5.45 II. Triparty Repo 4,59,373.95 5.22 4.80-5.33 III. Market Repo 1,78,647.36 5.29 3.00-5.50 IV. Repo in Corporate Bond 6,413.40 5.48 5.37-5.50 B. Term Segment I. Notice Money** 156.15 5.13...
India, July 21 -- The Government of India has issued a release: The 135th meeting of the Enforcement Task Force (ETF) of the Commission for Air Quality Management (CAQM) in NCR and Adjoining Areas, held on 20.07.2026, reviewed enforcement actions, inspections and compliance status across the National Capital Region (NCR), for the reporting period from 01.07.2026 to 13.07.2026. During the 14-day period, the Commission's Flying Squads carried out 175 inspections covering 17 Construction and Demol...
India, July 21 -- The Government of India has issued a release: The Government has been constantly engaging with the Reserve Bank of India (RBI) and other concerned Regulators/stakeholders to curb the operations of fake/illegal loan apps in the country. For public information, RBI has operationalized a directory 'Digital Lending Apps (DLAs)' on its website with effect from 01.07.2025, including DLAs engaged by Regulated Entities (REs) of RBI. The directory aims to aid the customers in verifying...
India, July 21 -- The Government of India has issued a release: Union Minister for Fisheries, Animal Husbandry and Dairying, Shri Rajiv Ranjan Singh, informed the Lok Sabha that the Government is implementing several initiatives to strengthen India's dairy and livestock sector by expanding infrastructure, improving veterinary healthcare, promoting digital livestock management and supporting dairy farmers. Replying to a question on milk pricing, Shri Rajiv Ranjan Singh stated that there is no p...