MUMBAI, India, March 13 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated March 09, 2026, imposed a monetary penalty of ₹2.70 lakh (Rupees Two Lakh Seventy Thousand only) on Manappuram Finance Limited (the company) for non-compliance with certain directions issued by RBI on 'Guidelines on Compensation of Key Managerial Personnel - Deferral of variable pay'. This penalty has been imposed in exercise of powers conferred on RB...
MUMBAI, India, March 13 -- 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 : ₹1,07,869 crore Total amount accepted (Face value) by RBI : ₹50,000 crore II. Details of OMO Purchase Issue Security 6.45% GS 2029 7.95% GS 2032 6.79% GS 2034 6.64% GS 2035 7.41% GS 2036 7.62% GS 2039 7.06% GS 2046 No. of offers received 159 29 170...
MUMBAI, India, March 13 -- Reserve Bank of India issued the following press release: Security 6.45% GS 2029 7.95% GS 2032 6.79% GS 2034 6.64% GS 2035 7.41% GS 2036 7.62% GS 2039 7.06% GS 2046 Total amount notified Aggregate amount of ₹50,000 crore (No security-wise notified amount) Total amount (Face Value) accepted by RBI (₹ in crore) 13,006 2,908 4,496 8,350 14,491 1,749 5,000 Cut off yield (%) 6.1187 6.6080 6.6403 6.6351 6.7353 6.9841 7.3268 Cut off price (₹) 101.04 106.95...
MUMBAI, India, March 13 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 07-Mar-2025# 15-Feb-2026 28-Feb-2026 07-Mar-2025# 15-Feb-2026 28-Feb-2026 I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 284322.01 345494.05 361710.98 289252.56 353928.33 369397.80** b) Borrowings from banks 113375.74 74319.27 78513.30 113395.68 74387.51 78566.30 c) Other ...
MUMBAI, India, March 13 -- 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) 6,73,957.07 4.81 0.01-6.10 I. Call Money 17,450.01 5.07 4.50-5.15 II. Triparty Repo 4,60,731.00 4.79 4.30-5.10 III. Market Repo 1,90,526.81 4.84 0.01-5.15 IV. Repo in Corporate Bond 5,249.25 5.03 5.00-6.10 B. Term Segment I. Notice Money** 328.90 5.0...
India, March 11 -- The Government of India has issued a release: Since its inception, National Cooperative Exports Limited (NCEL) has exported 54 different products to 29 countries, with total exports valued at Rs.5,731 crore. NCEL has undertaken several initiatives for the marketing of cooperative products. These include: The proposed new targets for increasing cooperative exports include product diversification and market expansion in East and West African countries, Europe, the UAE and sel...
India, March 11 -- The Government of India has issued a release: The Telecom Regulatory Authority of India (TRAI) today organised a Workshop on "Quantum Safe Communication" at the TRAI Headquarters, New Delhi. The workshop brought together senior representatives from national security institutions, scientific bodies, standardization organisations, industry associations, and emerging quantum technology enterprises to deliberate on policy, security, and operational approaches for strengthening th...
India, March 11 -- The Government of India has issued a release: Sl. No. Location State International Border Date of Operationalization 1 Attari Punjab India-Pakistan 13.04.2012 2 Agartala Tripura India-Bangladesh 17.11.2013 3 Petrapole West Bengal India-Bangladesh 12.02.2016 4 Raxaul Bihar India-Nepal 03.06.2016 5 Jogbani Bihar India-Nepal 15.11.2016 6 Moreh Manipur India-Myanmar 15.03.2018 7 PTB (Dera Baba Nanak) Punjab India-Pakistan 09.11.2019 8 Suta...
India, March 11 -- The Government of India has issued a release: Landfall point forecast error for 24, 48 and 72 hours lead periods during 2021-25 were 19.0 km, 34.4 km and 77.3 km respectively, compared to 31.9 km, 61.5 km and 91.9 km during 2016-20, indicating an improvement of 35-45% for 24-48 hours lead period and about 20% improvement for 36-72 hours lead period. Average track forecast errors were 73 km, 116 km and 168 km during 2021-25 compared to 77 km, 117 km and 159 km during 2016-20 ...
India, March 11 -- The Government of India has issued a release: Currently, India Meteorological Department (IMD) prepares and updates district-wise early warnings for heavy rainfall and cyclone-related events four times a day, with forecasts valid for up to seven days. IMD generates real-time weather-related warnings and graphical products to support timely weather monitoring and dissemination of information. These warnings cover all vulnerable districts to ensure the timely dissemination of i...