RATE OF INTEREST ON FLOATING RATE SAVINGS BOND, 2020 (TAXABLE) - FRSB 2020(T) FOR THE PERIOD JULY 01, 2026 - DECEMBER 31, 2026

MUMBAI, India, July 1 -- Reserve Bank of India issued the following press release: In terms of Para 13 (ii) of Government of India Notification F.No.4(10)- B(W&M)/2020 dated June 26, 2020 on Floating Rate Savings Bonds, 2020 (Taxable)- FRSB 2020 (T), the coupon/interest rate of the bond would be reset half yearly, starting with January 01, 2021 and the coupon/interest rate will be set at a spread of (+) 35 bps over the prevailing National Savings Certificate (NSC) rate. 2. Accordingly, the cou...


RBI APPOINTS SHRI RAVI SHANKAR AS NEW EXECUTIVE DIRECTOR

MUMBAI, India, July 1 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has appointed Shri Ravi Shankar as Executive Director (ED) with effect from July 1, 2026. Prior to his promotion as ED, Shri Shankar was serving as Adviser-In-Charge of the Department of Statistics and Information Management of the Bank. As a career central banker statistician, Shri Shankar has experience of over three decades in the Reserve Bank having worked in the areas of cor...


RBI LAUNCHES QUARTERLY ORDER BOOKS, INVENTORIES AND CAPACITY UTILISATION SURVEY: APRIL - JUNE 2026 (ROUND 74)

MUMBAI, India, July 1 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has launched the 74th round of its Order Books, Inventories and Capacity Utilisation Survey (OBICUS). The survey is for the reference period April - June 2026 (Q1:2026-27). The Reserve Bank has been conducting the Order Books, Inventories and Capacity Utilisation Survey (OBICUS) of the manufacturing sector on a quarterly basis since 2008. The information collected in the survey includes...


TREASURY BILLS: FULL AUCTION RESULT

MUMBAI, India, July 1 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 9,000 8,000 7,000 II. Competitive Bids Received (i) Number 76 81 79 (ii) Amount 21,821.500 13,951.500 11,610.000 III. Cut-off price (₹) / Yield 98.7075 97.3448 94.6542 (YTM: 5.2521%) (YTM: 5.4702%) (YTM: 5.6632%) IV. Competitive Bids Accepted (i) Number 29 52 64 (ii) Amount 8,842.676 7,600.000 6,650.000 V. Partial Allo...


91-DAY, 182-DAY AND 364-DAY T-BILL AUCTION RESULT: CUT-OFF

MUMBAI, India, July 1 -- Reserve Bank of India issued the following press release: T-Bill 91-Day 182-Day 364-Day I. Total Face Value Notified ₹9,000 Crore ₹8,000 Crore ₹7,000 Crore II. Cut-off Price (₹) and Implicit Yield at Cut-Off Price 98.7075 (YTM: 5.2521%) 97.3448 (YTM: 5.4702%) 94.6542 (YTM: 5.6632%) III. Total Face Value Accepted ₹9,000 Crore ₹8,000 Crore ₹7,000 Crore Ajit Prasad Deputy General Manager (Communications) Press Release: 2026...


RESULT OF THE 2-DAY VARIABLE RATE REPO (VRR) AUCTION HELD ON JULY 01, 2026

MUMBAI, India, July 1 -- Reserve Bank of India issued the following press release: Tenor 2-day Notified Amount (in ₹ crore) 1,25,000 Total amount of bids received (in ₹ crore) 29,695 Amount allotted (in ₹ crore) 29,695 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/582 Disclaimer: Curated by HT Syndication....


MONEY MARKET OPERATIONS AS ON JUNE 30, 2026

MUMBAI, India, July 1 -- 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) 6,17,738.78 5.38 4.00-6.00 I. Call Money 12,288.36 5.43 4.20-5.65 II. Triparty Repo 4,33,193.50 5.39 5.26-5.75 III. Market Repo 1,62,817.97 5.32 4.00-5.65 IV. Repo in Corporate Bond 9,438.95 5.67 5.45-6.00 B. Term Segment I. Notice Money** 50.50 5.27 4...


THE GAUHATI HIGH COURT ISSUES ORDER ON SOPIOR RAHMAN VS THE STATE OF ASSAM CASE

GUWAHATI, India, June 30 -- Gauhati High Court issued the following order on June 4 THE GAUHATI HIGH COURT (High Court of Assam, Nagaland, Mizoram and Arunachal Pradesh) Case No.: AB/93/2026 Sopior Rahman (Reporter, Assam Talks) S/o Lt. Jainal Abdin, R/o Vill. Demapara, P.S. South Salmara, Dist. South Salmara Mankachar Versus The State of Assam To be represented by the Learned Public Prosecutor, Assam Advocate for the Petitioner: Mr. S. Munir, Mr. M.U. Ahmed, Mr. A. Rahman Advocate for th...


HIGH COURT OF JHARKHAND ISSUES ORDER ON PANKAJ KUMAR VS STATE OF JHARKHAND CASE

RANCHI, India, June 30 -- Jharkhand High Court issued the following order on June 4: IN THE HIGH COURT OF JHARKHAND AT RANCHI Cr. Revision No. 1589 of 2023 Pankaj Kumar @ Pankaj Jaiswal ...Petitioner Versus The State of Jharkhand Kajal Jaiswal ...Opposite Parties CORAM: HON'BLE MR. JUSTICE RONGON MUKHOPADHYAY For the Petitioner: Ms. Priyanka Agrawal, Advocate For the State: A.P.P. Order No. 10/04.06.2026 Ms. Priyanka Agrawal, learned counsel for the petitioner, seeks permission to with...


HIGH COURT OF JHARKHAND AT RANCHI ISSUES ORDER ON UMA SHANKAR TIWARI VS THE STATE OF JHARKHAND CASE

RANCHI, India, June 30 -- Jharkhand High Court issued the following order on June 4: IN THE HIGH COURT OF JHARKHAND AT RANCHI B.A. No. 4859 of 2026 Uma Shankar Tiwari Petitioner Versus The State of Jharkhand Opposite Party CORAM: HON'BLE MR. JUSTICE RONGON MUKHOPADHYAY For the Petitioner: Mr. Ramesh Kumar, Advocate For the State: Mrs. Nehala Sharmin, Spl. P.P. Order No. 03 Dated: 04.06.2026 Despite the order dated 02.06.2026, the case diary has not been produced by the learned Spl. P....