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Money Market Operations as on July 16, 2021

Jul 19, 2021

Money Market Operations as on July 16, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,659.50 3.37 2.48-5.30 I. Call Money 753.70 2.94 2.70-3.40 II.…

PNB adjudged Best PSB by NABARD for Agricredit, Micro-finance & Financial inclusion performance

Jul 17, 2021

New Delhi, July 17, 2021: In a major achievement, Punjab National Bank (PNB) has been adjudged the best Public Sector Bank (PSB) in the country for its outstanding performance in the field of Agriculture Credit, Micro Finance, Financial…

National

Assam Budget 2021-22 – a forward looking budget with no additional tax burden: Chairman, FICCI…

Jul 17, 2021

GUWAHATI, 17 July 2021: Ranjit Barthakur, Chairman, FICCI Northeast Advisory Council while congratulating Ajanta Neog, Finance Minister, Assam (first women Finance Minister of Assam) on presenting her maiden budget said, "I would like to…

Business

RBI imposes monetary penalty on Tripura State Co-operative Bank Ltd., Agartala

Jul 17, 2021

The Reserve Bank of India (RBI) has, by an order dated July 15, 2021, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Tripura State Co-operative Bank Ltd., Agartala (the bank) for non-compliance with regulatory…

Business

Maruti lines up Rs 18,000 cr investment for new manufacturing plant in Haryana

Jul 15, 2021

New Delhi, Jul 14: The country's largest carmaker Maruti Suzuki India (MSI) is planning to invest around Rs 18,000 crore on a new manufacturing facility in Haryana, as per a top company official. The new plant would replace the…

Business

Reserve Bank of India takes supervisory action on Mastercard Asia / Pacific Pte. Ltd.

Jul 15, 2021

The Reserve Bank of India (RBI) has today imposed restrictions on Mastercard Asia / Pacific Pte. Ltd. (Mastercard) from on-boarding new domestic customers (debit, credit or prepaid) onto its card network from July 22, 2021. Notwithstanding…

Business

Issue and Regulation of share capital and securities – Primary (Urban) Cooperative Banks…

Jul 15, 2021

The Banking Regulation (Amendment) Act, 2020 (No. 39 of 2020), notified in the Gazette of India on September 29, 2020 (vide Notification No. 64 of that date), and deemed to have come into force with effect from June 29, 2020 for Primary…

Business

Timex Group Launches the New Made in India Helix Smartwatch 2.0 on Amazon Fashion India

Jul 14, 2021

New Delhi, India: One of the world’s largest watch manufacturers, Timex Group India Ltd, announced the launch of the second generation of smartwatches - under the brand Helix Smart 2.0 on Amazon India during Prime Day 2021. The Helix…

Business

Money Market Operations as on July 12, 2021

Jul 13, 2021

Money Market Operations as on July 12, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

Business

Money Market Operations as on July 11, 2021

Jul 12, 2021

Money Market Operations as on July 11, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

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