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Public Issue of Debentures amounting to Rs. 5,000 crores by PFC Ltd. opens on January 15, 2021

Jan 14, 2021

Power Finance Corporation Limited, is one of the leading financial institutions in India, focused on the power sector will open its Rs 5,000 crores public issue of secured, redeemable Non-Convertible Debentures on January 15, 2021. The base Issue size is Rs. 500 crores with an option to retain oversubscription of up to Rs. 4,500 crores aggregating…

Completion of Coastal Defence Exercise Sea Vigil 21

Jan 14, 2021

Exercise Sea Vigil, the two day coastal defence exercise was conducted on 12 and 13 January 2021. The conceptual and geographical expanse of Sea Vigil included the entire coastline and EEZ of the country and contingencies from Peace to…

National

Polio National Immunisation Day rescheduled to 31st January 2021

Jan 14, 2021

The massive countrywide COVID-19 vaccination drive will be rolled out by Hon’ble Prime Minister from 16th January, 2021. This would be world’s largest immunisation exercise. Therefore, it has been decided by the Ministry of Health &…

National

Government working on development partnerships with nations: Secretary (ER), MEA

Jan 14, 2021

Rahul Chhabra, Secretary (Economic Relations), Ministry of External Affairs, Govt of India today said that after the India - Africa summit, the MEA had committed lines of credit of USD 6.5 billion, USD 700 million of grants and over 50,000…

National

Money Market Operations as on January 13, 2021

Jan 14, 2021

Money Market Operations as on January 13, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

National

Reserve Bank of India imposes monetary penalty on Alavi Co-operative Bank Ltd., Vadodara (Gujarat)

Jan 14, 2021

The Reserve Bank of India (RBI) has imposed, by an order dated January 13, 2021, a monetary penalty of ₹0.50 lakh on Alavi Co-operative Bank Ltd., Vadodara (Gujarat) (the bank) for contravention of RBI directions on ‘Loans and Advances to…

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26th Meeting of the FSDC Sub-Committee over Video Conference

Jan 14, 2021

A meeting of the Sub-Committee of the Financial Stability and Development Council (FSDC) was held today (January 13, 2021) in Mumbai through video conference. Shaktikanta Das, Governor, Reserve Bank of India, chaired the meeting. The…

National

Reserve Bank constitutes a Working Group on digital lending including lending through online…

Jan 14, 2021

Digital lending has the potential to make access to financial products and services more fair, efficient and inclusive. From a peripheral supporting role a few years ago, FinTech led innovation is now at the core of the design, pricing and…

National

Treasury Bills: Full Auction Result

Jan 14, 2021

Treasury Bills: Full Auction Result Auction Results 91 Day 182 Day 364 Day I. Notified Amount ₹4000 Crore ₹7000 Crore ₹8000 Crore II. Underwriting Notified Amount ₹0 Crore ₹0 Crore ₹0 Crore…

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

Jan 14, 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 ₹4,000 Crore ₹7,000 Crore ₹8,000 Crore III. Cut-off Price and…

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