CM DEDICATES RS. 100 CRORE DEVELOPMENT PROJECTS IN DEHRA CONSTITUENCY

SHIMLA, Himachal Pradesh, June 3 -- The Department of Information and Public Relations, Himachal Pradesh issued the following press release: Chief Minister Thakur Sukhvinder Singh Sukhu inaugurated and laid foundation stones of six development projects worth about Rs. 100 crore in Dehra assembly constituency of Kangra district today. Besides dedicating Rs. 4.96 crore Community Health Centre (CHC) Haripur in Dehra, the Chief Minister also laid foundation stone of Administrative and Diagnostic B...


CM DISTRIBUTES LAND DEEDS TO 89 PONG DAM OUSTEES, ANNOUNCES RS. 3 LAKH AS HOUSING AID

SHIMLA, Himachal Pradesh, June 3 -- The Department of Information and Public Relations, Himachal Pradesh issued the following press release: Haripur CHC to be 'Adarsh Swasthya Sansthan', Nandpur bridge to be completed by December More government offices will be shifted to Kangra: CM Chief Minister Thakur Sukhvinder Singh Sukhu during a public meeting in Haripur in Dehra Assembly Constituency of Kangra district today, handed over land allotment certificates to 89 Pong dam oustees. He said that...


LAUNCH OF FIVE-PART DOCUMENTARY SERIES ON RBI

MUMBAI, India, June 3 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, in collaboration with JioHotstar, has launched a five-part documentary series titled 'RBI Unlocked: Beyond the Rupee'. The project has been produced by Chalkboard Entertainment. The project was commissioned by RBI to visually document its 90-year history, with the objective of creating awareness about its various functions and roles. The RBI, as a full-service central bank, performs a...


MONEY MARKET OPERATIONS AS ON JUNE 02, 2025

MUMBAI, India, June 3 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,92,508.67 5.67 0.01-6.75 I. Call Money 13,896.23 5.79 4.85-5.85 II. Triparty Repo 4,00,348.25 5.66 5.35-5.73 III. Market Repo 1,76,824.99 5.67 0.01-6.75 IV. Repo in Corporate Bond 1,439.20 5.88 6.85-6.75 B. Term Segment I. Notice Money** 230.90 5.72 5.50-5.80 II. Te...


RESULT OF THE DAILY VARIABLE RATE REPO (VRR) AUCTION HELD ON JUNE 03, 2025

MUMBAI, India, June 3 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 5,019 Amount allotted (in ₹ crore) 5,019 Cut off Rate (%) 6.01 Weighted Average Rate (%) 6.01 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/461 Disclaimer: Curated by HT Syndication....


PREMATURE REDEMPTION UNDER SOVEREIGN GOLD BOND (SGB) SCHEME - REDEMPTION PRICE FOR PREMATURE REDEMPTION OF SGB 2017-18 SERIES X DUE ON JUNE 04, 2025

MUMBAI, India, June 3 -- Reserve Bank of India issued the following press release: In terms of GOI Notification F. No. 4(25)-W&M/2017 dated October 06, 2017, (SGB 2017-18 Series X - Issue date December 04, 2017) 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 next due date of premature redemption of the above tranche shall be June 04, 2025. 2. F...


RBI IMPOSES MONETARY PENALTY ON INDIA HOME LOAN LTD., MUMBAI, MAHARASHTRA

MUMBAI, India, June 3 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 27, 2025, imposed a monetary penalty of ₹32,000 (Rupees Thirty Two Thousand only) on India Home Loan Ltd., Mumbai, Maharashtra (the company) 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 52A of the National H...


RBI IMPOSES MONETARY PENALTY ON KHUSH HOUSING FINANCE PRIVATE LIMITED, MUMBAI, MAHARASHTRA

MUMBAI, India, June 3 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 19, 2025, imposed a monetary penalty of ₹16,000 (Rupees Sixteen Thousand only) on Khush Housing Finance Private Limited, Mumbai, Maharashtra (the company) 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 52A of ...


RBI IMPOSES MONETARY PENALTY ON THE JAMMU AND KASHMIR STATE CO-OPERATIVE BANK LTD., SRINAGAR

MUMBAI, India, June 3 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 30, 2025, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Jammu and Kashmir State Co-operative Bank Ltd., Srinagar (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 w...


RBI IMPOSES MONETARY PENALTY ON THE CITIZEN CO-OPERATIVE BANK LTD., NOIDA

MUMBAI, India, June 3 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 30, 2025, imposed a monetary penalty of ₹6.00 lakh (Rupees Six Lakh only) on The Citizen Co-operative Bank Ltd., Noida (the bank) for contravention of the provisions of Section 12B read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has...