MUMBAI, India, Dec. 8 -- Reserve Bank of India issued the following press release: As announced vide thePress Release 2025-2026/1635 dated December 05, 2025, the Reserve Bank will be conducting a USD/INR Buy/Sell swap auction of USD 5 billion for a tenor of thirty-six months. The details of the auction are as under: Swap Amount (USD Billion) Auction date Auction Time Near Leg/Spot Date Far Leg Date 5 December 16, 2025 10.30 AM to 11.30 AM December 18, 2025 December 18, 2028 The market part...
MUMBAI, India, Dec. 8 -- 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 Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan vide Directive DCBS.CO.BSD-I/D-2/12.27.215/2018-19 dated October 26, 2018, for a period of six months up to May 09, 2019 as modified from time to time, which were last extended up to December 09, 2025 vide Directive DOR.MON/D-27/12.27.215/20...
MUMBAI, India, Dec. 8 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo i...
NEW DELHI, Dec. 8 -- The Government of India issued the following FEMA circular: RBI/2025-26/140 A.P. (DIR Series) Circular No.18 December 8, 2025 To All Authorised Persons Madam / Sir, Export and Import of Indian Currency to or from Nepal and Bhutan Attention of Authorised Persons is invited to A.P. (DIR Series) Circular No. 24 dated March 20, 2019. 2. On a review, it has been decided, in supersession of the A.P. (DIR Series) Circular No. 24 dated March 20, 2019, to allow a person, not...
MUMBAI, India, Dec. 8 -- Reserve Bank of India issued the following notification: RBI/2025-26/140 A.P. (DIR Series) Circular No.18 December 8, 2025 To All Authorised Persons Madam / Sir, Export and Import of Indian Currency to or from Nepal and Bhutan Attention of Authorised Persons is invited to A.P. (DIR Series) Circular No. 24 dated March 20, 2019. 2. On a review, it has been decided, in supersession of the A.P. (DIR Series) Circular No. 24 dated March 20, 2019, to allow a person, no...
MUMBAI, India, Dec. 8 -- Reserve Bank of India issued the following notification: RBI/FMRD/2025-26/380 FMRD.DIRD.No.06/14.03.046/2025-26 December 08, 2025 To All participants in Rupee interest rate derivatives markets Dear Sir/Madam, Master Direction - Reserve Bank of India (Rupee Interest Rate Derivatives) Directions, 2025 Please refer to press release dated June 16, 2025, inviting stakeholder comments/feedback on the Draft Master Direction - Reserve Bank of India (Rupee Interest Rate D...
MUMBAI, India, Dec. 8 -- Reserve Bank of India issued the following notification: RESERVE BANK OF INDIA (Foreign Exchange Department) (Central Office) Mumbai - 400001 Notification No. FEMA 6 (R)/(4)/2025-RB December 8, 2025 Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2025 In exercise of the powers conferred by clause (ga) of sub- section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes th...
MUMBAI, India, Dec. 8 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated December 5, 2025, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The Pattukottai Co-operative Urban Bank Limited, Tamil Nadu (the bank) for contravention of provisions of Section 17 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on 'Exposure Norms and Statutory / O...
MUMBAI, India, Dec. 8 -- 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) 10,360.92 5.21 4.50-6.18 I. Call Money 1,528.95 5.12 4.70-5.40 II. Triparty Repo 3,836.65 5.04 4.50-5.50 III. Market Repo 252.02 4.80 4.75-5.00 IV. Repo in Corporate Bond 4,743.30 5.40 5.35-6.18 B. Term Segment I. Notice Money** 20,764.27 5.33 4.60-5.5...
JABALPUR, India, Dec. 5 -- Madhya Pradesh High Court issued the following judgment/order on Nov. 6: 1. Petitioner impugns the action of respondents whereby the bid of petitioner has been disqualified. Respondents had invited bids for procuring meat for feeding of carnivorous animals at Maharaja Martand Singh Judev White Tiger Safari Juhu Mukundpur for the year 2025-26. 2. Petitioner submitted his bid, however, by a status uploaded on the portal on 25.04.2025, petitioner was notified that his ...