India, Aug. 20 -- The Government of India issued the following news release: The Prime Minister, Shri Narendra Modi has congratulated the people of Assam on the establishment of an Indian Institute of Management (IIM) in the State. Shri Modi said that the establishment of the IIM will enhance education infrastructure and draw students as well as researchers from all over India. Responding to the X post of Union Minister of Education, Shri Dharmendra Pradhan about establishment of the IIM in A...
SHIMLA, Himachal Pradesh, Aug. 20 -- The Department of Information and Public Relations, Himachal Pradesh issued the following press release: Chief Minister Thakur Sukhvinder Singh Sukhu today offered floral tributes to the former Prime Minister late Rajiv Gandhi on his birth anniversary at Sadbhawana Chowk, Chhota Shimla here today. Chief Minister appealed to the people to follow the path shown by Rajiv Gandhi and said that Rajiv Gandhi is remembered as the 'Architect of Modern India', who sac...
SHIMLA, Himachal Pradesh, Aug. 20 -- The Department of Information and Public Relations, Himachal Pradesh issued the following press release: Governor Shiv Pratap Shukla released the poetry anthology "Dairon Se Pare" today at Raj Bhavan. Edited by noted poet and Principal of Government College Ani, Dr. Kunwar Dinesh Singh, the anthology features 67 poems, ghazals and short stories by eleven distinguished contemporary Hindi poets including Dr. Giriraj Sharan Agarwal, Hareram Sameep, Girish Panka...
MUMBAI, India, Aug. 20 -- Reserve Bank of India issued the following speech: Participants of the 'Management Development Programme on Financial Market Regulations', Professors, ladies, and gentlemen. A very good morning to all of you! 2. At the outset, I would like to thank IIM, Kozhikode for inviting me here. It is a pleasure to address such a diverse gathering, ranging from policy veterans to important stakeholders across the financial landscape. The contents of programme span the issues aro...
MUMBAI, India, Aug. 20 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Thursday, August 21, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 1 9:30 AM to 10:00 AM August 22, 2025 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 202...
MUMBAI, India, Aug. 20 -- Reserve Bank of India issued the following press release: Please refer to instructions on Counterparty Credit Risk (CCR) as contained in paragraph 5.15.3 of the Master Circular DOR.CAP.REC.2/21.06.201/2025-26 dated April 1, 2025 on 'Basel III Capital Regulations'. Reserve Bank has released today the draft circular on Counterparty Credit Risk: Add-on factors for computation of Potential Future Exposure - Revised Instructions which modifies the aforementioned instruction...
MUMBAI, India, Aug. 20 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Reserve Money for the week ended August 15, 2025 and Money Supply for the fortnight ended August 08, 2025. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/941 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Aug. 20 -- Reserve Bank of India issued the following press release: [Under Section 45ZL of the Reserve Bank of India Act, 1934] The fifty-sixth meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during August 4 to 6, 2025. 2. The meeting was chaired by Shri Sanjay Malhotra, Governor and was attended by all the members - Dr. Nagesh Kumar, Director and Chief Executive, Institute for Studies in Industria...
MUMBAI, India, Aug. 20 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 10,000 6,000 5,000 II. Competitive Bids Received (i) Number 128 100 72 (ii) Amount 33,337.400 18,865.150 13,718.100 III. Cut-off price / Yield 98.6510 97.2950 94.7120 (YTM: 5.4848%) (YTM: 5.5757%) (YTM: 5.5986%) IV. Competitive Bids Accepted (i) Number 50 46 37 (ii) Amount 9,974.186 5,992.340 4,992.473 V. Partial Allotment ...
MUMBAI, India, Aug. 20 -- 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) 6,31,769.75 5.25 0.01-6.35 I. Call Money 16,735.50 5.43 4.70-5.52 II. Triparty Repo 4,17,278.35 5.34 5.20-5.45 III. Market Repo 1,94,784.35 5.05 0.01-5.55 IV. Repo in Corporate Bond 2,971.55 5.55 5.50-6.35 B. Term Segment I. Notice Money** 110.85 5.37 5.00-5.45 II. T...