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Reserve Bank of India cancels the licence of Vasantdada Nagari Sahakari Bank Ltd., Osmanabad, Maharashtra

Jan 12, 2021

The Reserve Bank of India (RBI) has, vide order dated January 08, 2021 cancelled the licence of Vasantdada Nagari Sahakari Bank Ltd., Osmanabad, Maharashtra to carry on banking business, with effect from the close of business on January 11, 2021. The Commissioner for Cooperation and Registrar of Cooperative Societies (RCS), Maharashtra has also…

Auction of Government of India Dated Securities

Jan 12, 2021

Government of India (GOI) has announced the sale (re-issue of four dated securities) for a notified amount of ₹22,000 crore as per the following details: Sr No Security Date of repayment Notified Amount (₹ crore) GoI specific…

National

RBI releases the Financial Stability Report, January 2021

Jan 12, 2021

Today, the Reserve Bank released the 22nd issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial…

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Money Market Operations as on January 10, 2021

Jan 11, 2021

Money Market Operations as on January 10, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

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Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) –…

Jan 11, 2021

Reserve Bank of India, in public interest, had issued Directions to Kolikata Mahila Co-operative Bank Limited, 8D Krishna Laha Lane, Kolkata - 700012, West Bengal in exercise of its powers vested in it under Sub-Section (1) of Section 35 A…

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Money Market Operations as on January 08, 2021

Jan 11, 2021

Money Market Operations as on January 08, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

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Directions u/s 35A read with section 56 of the Banking Regulation Act, 1949 – Sri Guru Raghavendra…

Jan 10, 2021

The Reserve Bank of India issued Directions to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive…

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Industry desires Realty Premiums Deductions in other States after Maharashtra Govt cuts Realty…

Jan 9, 2021

Industry has welcomed the Government of Maharashtra move to reduce premiums charged by the civic authorities by 50 per cent basis ready reckoner rates of 2019 or 2020, whichever is more, for the next one year until 31 December 2021, as…

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Sovereign Gold Bond Scheme 2020-21 Series X – Issue Price

Jan 9, 2021

In terms of GoI notification F.No.4(4)-B(W&M)/2020 and RBI circular IDMD.CDD.No.730/14.04.050/2020-21, dated October 09, 2020, the Sovereign Gold Bond Scheme 2020-21 - Series X will be open for subscription for the period from January…

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91 days, 182 days and 364 days Treasury Bills auction

Jan 8, 2021

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No Treasury Bill Notified Amount (in ₹ crore) Auction Date Settlement date 1 91 Days 4,000 January 13,…

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