MUMBAI, India, Dec. 9 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series VII Issue date December 10, 2019) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the due date of premature redemption of the above tranche shall be on December 10, 2025. 2...
MUMBAI, India, Dec. 9 -- Reserve Bank of India issued the following press release: The Governor, Reserve Bank of India, met the Managing Directors and Chief Executive Officers of Public Sector Banks and select Private Sector Banks in Mumbai today (December 9, 2025). These interactions form part of the Reserve Bank's ongoing engagement with the senior management of regulated entities; the previous such meeting was held on January 27, 2025. The meetings were also attended by Deputy Governors Shr...
MUMBAI, India, Dec. 9 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today placed on its website the Draft Circular on Disclosure of Transaction Cost for Foreign Exchange Transactions. Comments on the draft circular are invited from banks, market participants and other interested parties by January 09, 2026. Feedback on the draft circular may be forwarded to: The Chief General Manager Reserve Bank of India Financial Markets Regulation Department 9th ...
MUMBAI, India, Dec. 9 -- Reserve Bank of India issued the following press release: The result of the auction of State Government Securities held on December 09, 2025, is as under: (Amount in ₹ Crore) ARUNACHAL PRADESH SGS 2045 BIHAR SGS 2037 GUJARAT SGS 2033 HARYANA SGS 2041 Notified Amount 375 1500 1000 1000 Tenor 20 -Years 12 -Years 8 -Years 16 -Years Competitive Bids Received (i) No. 48 79 56 83 (ii) Amount 1930.30 3128.36 3420 3052 Cut-off Yield (%) 7.55 7.60 7.19 7.52 Cut off P...
MUMBAI, India, Dec. 9 -- 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) 6,77,380.37 5.11 4.50-6.20 I. Call Money 19,226.72 5.19 4.50-5.30 II. Triparty Repo 4,35,729.30 5.08 4.97-5.20 III. Market Repo 2,17,829.05 5.16 4.51-5.90 IV. Repo in Corporate Bond 4,595.30 5.33 5.26-6.20 B. Term Segment I. Notice Money** 640.70 5.20 ...
India, Dec. 6 -- The Government of India has issued a release: The Vice-President of India, Shri C. P. Radhakrishnan, graced the closing ceremony of the Sardar @150 Unity March -National Padyatra at the Statue of Unity, Ekta Nagar, Gujarat, today. Addressing the gathering, the Vice-President said it was a profound honour to participate in the culmination of this historic national padyatra, adding that this was his first official visit to the sacred land of Mahatma Gandhi and Sardar Vallabhbhai...
India, Dec. 6 -- The Government of India has issued a release: Prime Minister, Shri Narendra Modi's unique interactive program, Pariksha Pe Charcha (PPC), is back with its 9th edition, scheduled to take place in January 2026, where students, parents, and teachers from India and abroad engage with him to discuss exam stress and celebrate examinations as an Utsav and an integral part of life. For selection of the participant, an online MCQ-based competition is being organised on the MyGov portal...
India, Dec. 6 -- The Government of India has issued a release: Panchkula, December 6:Framing the India International Science Festival around what he described as the three "C's" - Celebration, Communication and Career - Union Minister for Science and Technology Dr. Jitendra Singh today inaugurated the four-day national science event at Panchkula in Haryana, emphasising that India's scientific progress must extend beyond laboratories and engage citizens, students and young professionals in a mea...
India, Dec. 6 -- The Government of India has issued a release: Following widespread demand, Indian Railways has begun supporting smooth travel in the wake of widespread flight cancellation and additional rush during the winter season. 89 special train services (more than 100 trips) across multiple zones, starting today, will run in the next three days. This will help support smooth travel and ensure adequate connectivity amid rising demand for rail travel. Central Railway will operate 14 Speci...
India, Dec. 6 -- The Government of India has issued a release: The historic Sardar@150 Unity March, which began on 26 November 2025 from Karamsad as a determined tribute to the Iron Man of India, culminated today in a grand ceremony at the Statue of Unity in Kevadiya, Gujarat, transforming into one of the largest people-led movements of recent times. Dr. Mansukh Mandaviya, Union Minister of Youth Affairs & Sports and Labour & Employment and Smt. Raksha Khadse, Union Minister of State for Youth ...