India, Aug. 7 -- The Government of India has issued a release: Name of State No. of projects approved Investment(in crore Rs.) Capacity (in MT) Production Qty.(in MT) Production value(in crore Rs.) Incentive released (in crore Rs.) Committed Actual Committed Installed 2023- 24 2024- 25 2025- 26 2023-24 2024- 25 2025- 26 Andhra Pradesh 10 1,745.7 2,676 24,390 16,468 224.4 1,207.4 5,498.6 63.2 258.4 865.7 31.91 Gujarat 8 330.9 407.3 14,270 13,959 7,028.7 4,17...
India, Aug. 7 -- The Government of India has issued a release: The operational progress of the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) in the State of Bihar during the financial year 2025-26 is as under: Continuous monitoring of stock availability is undertaken, and timely corrective measures are implemented to minimize stock shortages and ensure the uninterrupted availability of essential medicines across the country, including Bihar. In order to address any supply gaps and en...
MUMBAI, India, Aug. 11 -- Reserve Bank of India issued the following speech: Distinguished dignitaries, bankers, captains of industry, friends from the technology sector, fintechs, policymakers, press, academia and colleagues from the RBI, good morning to all of you! It is my pleasure to be back here at the 2026 edition of the FIBAC. It is an important annual conference that brings together the stalwarts of banking and industry to exchange ideas, foster innovation and strengthen collaboration....
MUMBAI, India, Aug. 11 -- 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 Reverse Repo (VRRR) auction on Wednesday, August 12, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 09:30 AM to 10:00 AM August 13, 2026 (Thursday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Release ...
MUMBAI, India, Aug. 11 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018, (SGB 2018-19 Series-VI-Issue date February 12, 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 next due date of premature redemption of the above tranche shall be on August 12, 2026....
MUMBAI, India, Aug. 11 -- Reserve Bank of India issued the following press release: The result of the auction of State Government Securities held on August 11, 2026, is as under: (Amount in ₹ Crore) ANDHRA PRADESH SGS 2035 ANDHRA PRADESH SGS 2043 ANDHRA PRADESH SGS 2056 GUJARAT SGS 2035 Notified Amount 1000 1200 1600 1000 Tenor 9 -Years Re-issue of 7.65% ANDHRA SGS 2043 issued on 11-MAR-2026 30 -Years Re-issue of 7.38% GUJARAT SGS 2035 issued on 15-JUL-2026 Competitive Bids Received ...
MUMBAI, India, Aug. 11 -- Reserve Bank of India issued the following press release: Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/Yield (%) Tenor (Year) 1. Andhra Pradesh 1000 1000 7.46 09 1200 1200 99.98/7.6511 Re-issue of 7.65% Andhra Pradesh SGS 2043, issued on March 11, 2026 1600 1600 7.64 30 2. Gujarat 1000 1000 100.10/7.3632 Re-issue of 7.38% Gujarat SGS 2035, issued on July 15, 2026 1500 1500 100.29/7.4717 Re-issue of 7.51% ...
MUMBAI, India, Aug. 11 -- Reserve Bank of India issued the following press release: The Certificate of Registration (CoR) issued to the following Non-Banking Financial Company (NBFC) has been restored after considering the orders passed by the Appellate Authority/Court. The NBFC is advised to adhere to the applicable provisions of the Reserve Bank of India Act, 1934, and guidelines/directions issued by the Reserve Bank of India, including reporting requirements. Sr. No Name of the Company Regi...
MUMBAI, India, Aug. 11 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration (CoR) of the following companies. Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Cancellation Order Date 1 Trincas Consultancy Pvt Ltd 21, Hemanta Basu Sarani, 4th Floor, Suit No. 437, Kolkata, West Bengal, Ind...
MUMBAI, India, Aug. 11 -- Reserve Bank of India issued the following press release: The following four Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR. i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business Sr. No. Name...