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RESULT OF THE 14-DAY VARIABLE RATE REPO (VRR) AUCTION HELD ON MARCH 07, 2025

MUMBAI, India, March 7 -- Reserve Bank of India issued the following press release: Tenor 14-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 8,375 Amoun... Read More


SCHEDULED BANKS' STATEMENT OF POSITION IN INDIA AS ON FRIDAY, FEBRUARY 21, 2025

MUMBAI, India, March 7 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 23-Feb-2... Read More


MONEY MARKET OPERATIONS AS ON MARCH 06, 2025

MUMBAI, India, March 7 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Ov... Read More


RBI APPROVES THE VOLUNTARY AMALGAMATION OF JAWAHAR SAHAKARI BANK LTD., HUPRI WITH KALLAPPANNA AWADE ICHALKARANJI JANATA SAHAKARI BANK LTD

MUMBAI, India, March 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Jawahar Sahakari Bank Ltd., Hupri with Kalla... Read More


RBI IMPOSES MONETARY PENALTY ON BRIDGE FINTECH SOLUTIONS PRIVATE LIMITED ("FINZY")

MUMBAI, India, March 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated March 04, 2025, imposed a monetary penalty of ₹10.00 l... Read More


RBI IMPOSES MONETARY PENALTY ON VISIONARY FINANCEPEER PRIVATE LIMITED

MUMBAI, India, March 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 25, 2025, imposed a monetary penalty of ₹16.6... Read More


RBI IMPOSES MONETARY PENALTY ON FAIRASSETS TECHNOLOGIES INDIA PRIVATE LIMITED ('FAIRCENT')

MUMBAI, India, March 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 11, 2025, imposed a monetary penalty of ₹40 l... Read More


RBI IMPOSES MONETARY PENALTY ON RANG DE P2P FINANCIAL SERVICES LIMITED ("RANG DE")

MUMBAI, India, March 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 25, 2025, imposed a monetary penalty of ₹10 l... Read More


DIRECTIONS UNDER SECTION 35A READ WITH SECTION 56 OF THE BANKING REGULATION ACT, 1949 - IMPERIAL URBAN CO-OPERATIVE BANK LTD, JALANDHAR - EXTENSION OF PERIOD

MUMBAI, India, March 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, vide directive CDG.DOS.RSG.No.S1645/16-03-046/2022-2023 dated March 09, 2023, had placed... Read More


DIRECTIONS UNDER SECTION 35A READ WITH SECTION 56 OF THE BANKING REGULATION ACT, 1949 - SIKAR URBAN CO-OPERATIVE BANK LTD., SIKAR, RAJASTHAN - EXTENSION OF PERIOD

MUMBAI, India, March 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1... Read More