NSDP

The Reserve Bank of India (RBl) has imposed, by an order dated March 09, 2022, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Jila Sahakari Kendriya Bank Maryadit, Narsinghpur (M.P.) (the bank) for contravention of/ non-compliance with the provisions of the Banking Regulation Act, 1949 (the Act) and the Depositor Education and Awareness Fund Scheme, 2014 (the Scheme). This penalty has been imposed in exercise of powers vested in RBI under the provisions of

The Reserve Bank of India (RBI) has imposed, by an order dated March 08, 2022, a monetary penalty of ₹4.00 lakh (Rupees Four lakhs only) on The Nabapalli Cooperative Bank Limited, Barasat, 24 Paraganas (N), West Bengal (the bank) for contravention of/non-adherence to directions issued under ‘Exposure Norms and Statutory/Other Restrictions – UCBs’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with S

The Reserve Bank of India (RBI) has imposed, by an order dated March 09, 2022, a monetary penalty of ₹2.00 lakh (Rupees Two lakhs only) on The Manipur Women’s Cooperative Bank Limited, Paona Bazar, Imphal, Manipur (the bank) for contravention of/non-adherence to directions issued under ‘Exposure Norms and Statutory/Other Restrictions – UCBs’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Sectio

The Reserve Bank of India (RBI) has imposed, by an order dated March 09, 2022, a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on the United India Co-operative Bank Limited, Nagina, UP (the bank) for contravention of section 20 and 35A read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) and Section 56 of the Banking Regul

The Reserve Bank of India (RBI) has imposed, by an order dated March 08, 2022, a monetary penalty of ₹3.00 lakh (Rupees Three Lakh only) on The Baghat Urban Co-operative Bank Limited, Solan, HP (the bank) for contravention of section 36 (1) read with section 56 of the Banking Regulation Act, 1949 as the bank failed to adhere to specific directions issued to it by RBI under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers vested i

Tenor 14-day Notified Amount (in ₹ crore) 5,50,000 Total amount of offers received (in ₹ crore) 3,53,944 Amount accepted (in ₹ crore) 3,53,944 Cut off Rate (%) 3.99 Weighted Average Rate (%) 3.98 Partial Acceptance Percentage of offers received at cut off rate NA Rupambara Director (Communications) Press Release: 2021-2022/1847

The Reserve Bank of India (RBI) has extended the directions issued to the People’s Co-operative Bank Limited, Kanpur (U.P) for a further period of one (01) month from March 11, 2022 to April 10, 2022, subject to review. The bank has been under direction since June 10, 2020 vide directive order DoS.CO.UCBs-North/D-1/12.28.059/2019-20 dated June 09, 2020 issued under section 35 A of the Banking Regulation Act, 1949 (AACS). The validity of the directive, which was last e

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 511,518.97 3.74 0.25-5.95 I. Call Money 9,830.25 3.45 2.00-4.00 II. Triparty Repo 360,539.10 3.77 3.50-4.90 III. Market Repo 141,114.52 3.69 0.25-4.50 IV. Repo in Corporate Bond 35.10 5.95 5.95-5.95 B. Term Segment I. Notice Money** 158.09 3.30 2.75-3.50 II. Term Money@@ 75.50 - 3.15-3.95 III. Triparty Repo 2,298.00 3.94 3.75-4.00 IV. Ma

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹13,639 Cr. (Face Value). Sr. No. State/UT Amount to be raised(₹ Cr) Additional Borrowing (Greenshoe) Option(₹ Cr) Tenure(Yrs) Type of Auction 1 Jammu & Kashmir 948 - 15 Yield 2 Jharkhand 1000 - 16 Yield 3 Punjab 1500 - 20 Yield 4 Rajasthan 500 - 10 Yield 500 - Re-issue of 7.57% Rajasthan SDL 2026 issued on August 24, 2016 Price 5 Sikkim 191 - 10 Yield 6 Tamil

The Reserve Bank of India (RBl) has imposed, by an order dated March 11, 2022, a monetary penalty of ₹2.50 lakh (Rupees Two Lakh and Fifty Thousand only) on M.L. Securities and Finance Private Limited, Indore (M.P) (the company) for non-compliance with certain provisions of the directions issued by RBI on classification of Non-performing assets contained in ‘Non-Banking Financial Company - Non-Systemically Important Non-Deposit taking Company (Reserve Bank) Directions