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REGULATOR ANNOUNCES NEXT CHARITIES TO BE INVESTIGATED AS PART OF INQUIRY CONNECTED TO COMPANY CASHING CHEQUES

LONDON, Dec. 4 -- The government of the United Kingdom issued the following news: Following an unannounced visit by HMRC to a company in Hackney, 105 charities were found to have cashed cheques with ... Read More


RBI TO CONDUCT 3-DAY VARIABLE RATE REVERSE REPO (VRRR) AUCTION UNDER LAF ON DECEMBER 05, 2025

MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following press release: On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse... Read More


RBI ISSUES AMENDMENTS TO LARGE EXPOSURES FRAMEWORK (LEF) AND INTRAGROUP TRANSACTIONS AND EXPOSURES

MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India had, on September 29, 2025, issued two draft amendment circulars, viz.: (i) Large Exposure... Read More


RBI ISSUES AMENDMENT DIRECTIONS FOR REPEAL OF MARKET MECHANISM FRAMEWORK

MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India had, on October 1, 2025, issued the draft 'Guidelines on Enhancing Credit Supply for Large... Read More


RBI ISSUES AMENDMENTS TO GOLD METAL LOAN (GML) SCHEME

MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following press release: On September 29, 2025, the Reserve Bank of India had issued the draft Reserve Bank of India (Gold Metal Loans) Direc... Read More


RBI ISSUES AMENDMENT DIRECTIONS ON BUSINESS AUTHORIZATION FOR CO-OPERATIVE BANKS

MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has, from time to time, issued several instructions/ guidelines to co-operative banks, i.e... Read More


RBI ISSUES AMENDMENT DIRECTIONS TO AMEND CREDIT INFORMATION REPORTING DIRECTIONS, 2025

MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following press release: Extant guidelines stipulate submission of credit information by Credit Institutions (CIs) to Credit Information Comp... Read More


RBI ISSUES AMENDMENT DIRECTIONS TO AMEND RESPONSIBLE BUSINESS CONDUCT DIRECTIONS, 2025

MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following press release: The Basic Savings Bank Deposit (BSBD) account was introduced as a savings bank account which offers certain minimum ... Read More


UNDERWRITING AUCTION FOR SALE OF GOVERNMENT SECURITY FOR ₹32,000 CRORE ON DECEMBER 05, 2025

MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (re-issue) of Government Security, as detailed below, through auction to ... Read More


RESULT OF THE OVERNIGHT VARIABLE RATE REVERSE REPO (VRRR) AUCTION HELD ON DECEMBER 04, 2025

MUMBAI, India, Dec. 4 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 72,377 Amou... Read More