MUMBAI, India, May 30 -- Reserve Bank of India issued the following press release: With a view to encourage original writing in Hindi on the subjects of Economics/ Finance/Banking and general interest, Reserve Bank of India conducts an Inter-bank Hindi Essay Competition every year. All Officers and Staff Members (Except Rajbhasha Officers and Translators) of Reserve Bank of India and Public Sector Banks and Regional Rural Banks (RRBs) sponsored by them, can participate in this competition. For ...
MUMBAI, India, May 30 -- Reserve Bank of India issued the following press release: Data on sectoral deployment of bank credit for the month1 of April 2025 collected from 41 select scheduled commercial banks (SCBs), accounting for about 95 per cent of the total non-food credit by all SCBs, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 as on the fortnight ended April 18, 2025, grew3 by 11.2 per cent as compared to 15.3 per cent during the correspondin...
MUMBAI, India, May 30 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 17-May-2024 02-May-2025* 16-May-2025* 17-May-2024 02-May-2025* 16-May-2025* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 289665.55 349543.61 356140.08 293548.27 355582.28 362127.16** b) Borrowings from banks 162652.31 110268.37 112764.97 162655.67 110369.38 112767.97 c) O...
MUMBAI, India, May 30 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released Publications).">1 the web publication 'Deposits with Scheduled Commercial BanksStatistics>Data Release>Fortnightly>Scheduled Bank's Statement of Position in India).">2 - March 20253' on its 'Database on Indian Economy' portal4 (https://data.rbi.org.in Homepage > Publications). Scheduled commercial banks (SCBs) (including regional rural banks) report branch-wise data on type of de...
MUMBAI, India, May 30 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the web publication 'Basic Statistical Return on Credit by Scheduled Commercial Banks (SCBs) in India - March 2025'Homepage > Publications>Basic Statistical Return (BSR)-1 - (Quarterly) - Outstanding Credit of Scheduled Commercial Banks) along with the annual BSR-1 March 2025.">1 on its 'Database on Indian Economy' (DBIE) portalHome>Statistics>Data Release>Fortnightly>Scheduled Ba...
MUMBAI, India, May 30 -- Reserve Bank of India issued the following press release: Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of May 2025 are set out in Tables 1 to 7. Highlights: Lending Rates: * The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 9.26 per cent in April 2025 (9.35 per cent in March 2025). * The WALR on outstanding rupee loans of SCBs...
MUMBAI, India, May 30 -- Reserve Bank of India issued the following press release: The value of exports and imports of services during April 2025 is given in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) January - 2025 34,726 (12.0) 16,706 (12.6) February - 2025 31,625 (11.6) 14,506 (-4.8) March - 2025 35,600 (18.6) 17,475 (5.3) April - 2025 32,843 (8.8) 16,909 (0.9) Notes: (i) Data for January-April are provisional; and ...
MUMBAI, India, May 30 -- Reserve Bank of India issued the following press release: The Government of India has announced the buyback of its Securities through auction for an aggregate amount of ₹25,000 crore (face value). The security-wise details of the buyback are as under: S.No. Security Date of Maturity 1. 7.27% GS 2026 08 April, 2026 2. 6.99% GS 2026 17 April, 2026 3. 6.97% GS 2026 06 September, 2026 4. 7.33% GS 2026 30 October, 2026 5. 8.24% GS 2027 15 February, 2027 There is no ...
India, May 29 -- The Government of India issued the following news release: In a major stride towards advancing India's AI capabilities globally, the IndiaAI Mission, under the Ministry of Electronics and Information Technology (MeitY), announced the selection of 10 cutting-edge Indian AI startups for the IndiaAI Startups Global Initiative, a prestigious international acceleration program in partnership with Station F, Paris and HEC Paris. Union Minister of Electronics and Information Technolo...
GUWAHATI, India, May 29 -- Gauhati High Court issued the following order on April 29: 1. Heard Mr A Ganguly, the learned counsel appearing on behalf of the appellants, in both the appeals and Ms P Bhattacharya, the learned counsel appearing on behalf of the respondent Nos. 1 to 5, in both the appeals. 2. Both the appeals are directed against the common judgment and Decree dated 01.08.2024, passed by the learned Civil Judge (Senior Division), Lakhimpur, at North Lakhimpur (hereinafter, referre...