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Money Market Operations as on April 20, 2021

Apr 22, 2021

Money Market Operations as on April 20, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 435,978.80 3.21 0.01-3.95 I. Call Money 11,172.03 3.23 1.90-3.50…

RBI imposes monetary penalty on Janata Sahakari Bank Limited, Gondia, Maharashtra

Apr 22, 2021

The Reserve Bank of India (RBl) has imposed, by an order dated April 19, 2021, a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on Janata Sahakari Bank Limited, Gondia, Maharashtra (the bank) for contravention of/ non-compliance with…

Business

Public sector banks must be given operational freedom: Former SBI chief

Apr 21, 2021

The public sector banks are one of the biggest contributors to nation-building and it needs to be freed of operational control for helping it achieve full efficiency, stated former State Bank of India chairman, Rajnish Kumar at an…

Business

RBI imposes monetary penalty on Jila Sahakari Kendriya Bank Maryadit, Sagar, Madhya Pradesh

Apr 21, 2021

The Reserve Bank of India (RBl) has imposed, by an order dated April 19, 2021, a monetary penalty of ₹0.50 lakh (Rupees Fifty Thousand only) on Jila Sahakari Kendriya Bank Maryadit, Sagar, Madhya Pradesh (the bank) for contravention…

Business

Hero Motocorp halts manufacturing operations as precautionary measure

Apr 21, 2021

In keeping with its commitment to the safety and welfare of its people, Hero MotoCorp has decided to proactively halt operations temporarily at all of its manufacturing facilities across the country, including its Global Parts Center (GPC),…

Business

RBI imposes monetary penalty on Dhule & Nandurbar Jilha Sarkari Nokaranchi Sahakari Bank Ltd.,…

Apr 21, 2021

The Reserve Bank of India (RBl) has imposed, by an order dated April 19, 2021, a monetary penalty of ₹0.50 lakh (Rupees fifty Thousand only) on Dhule & Nandurbar Jilha Sarkari Nokaranchi Sahakari Bank Ltd., Dhule, Maharashtra (the bank)…

Business

Treasury Bills: Full Auction Result

Apr 21, 2021

Treasury Bills: Full Auction Result Auction Results 91 days 182 days 364 days I. Notified Amount ₹ 15000 Crore ₹ 15000 Crore ₹ 6000 Crore II. Competitive Bids Received (i) Number 86…

Business

91 days, 182 days and 364 days T-Bill Auction Result: Cut off

Apr 21, 2021

91 days, 182 days and 364 days T-Bill Auction Result: Cut off I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹15,000 Crore ₹15,000 Crore ₹6,000 Crore III. Cut-off Price and…

Business

Money Market Operations as on April 19, 2021

Apr 21, 2021

Money Market Operations as on April 19, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

National

Cabinet approves Amendments to the Finance Bill, 2021

Apr 20, 2021

The Union Cabinet, chaired by the Prime Minister Narendra Modi gives ex-post facto approval for the Government amendments to the Finance Bill, 2021 (enacted on 28th March, 2021 as the Finance Act, 2021). The amendments were essential to…

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