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MIL-OSI Banking: Reserve Bank of India imposes monetary penalty on Indian Mercantile Co-operative Bank Limited

By   /  October 10, 2018  /  Banking and Finance, Business, Economics, English, Global Economy, MIL OSI, Open Source Intel, Reserve Bank of India  /  Comments Off on MIL-OSI Banking: Reserve Bank of India imposes monetary penalty on Indian Mercantile Co-operative Bank Limited

Source: Reserve Bank of India Headline: Reserve Bank of India imposes monetary penalty on Indian Mercantile Co-operative Bank Limited The Reserve Bank of India (RBI) has imposed, by an order dated September 26, 2018, a monetary penalty of ₹ 2 million on Indian Mercantile Co-operative Bank Limited (the bank) for contravention of the All Inclusive […]

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MIL-OSI Banking: Sir M Vishvesvaraya Co-operative Bank Ltd., Bengaluru, Karnataka – Penalised

By   /  October 9, 2018  /  Banking and Finance, Business, Economics, English, Global Economy, MIL OSI, Open Source Intel, Reserve Bank of India  /  Comments Off on MIL-OSI Banking: Sir M Vishvesvaraya Co-operative Bank Ltd., Bengaluru, Karnataka – Penalised

Source: Reserve Bank of India Headline: Sir M Vishvesvaraya Co-operative Bank Ltd., Bengaluru, Karnataka – Penalised The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees five lakhs only) on Sir M Vishvesvaraya Co-operative Bank Ltd., Bengaluru, in exercise of the powers vested in it under the provisions of Section […]

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MIL-OSI Banking: Reserve Bank of India cancels the licence of Navodaya Urban Co-operative Bank Ltd., Nagpur, Maharashtra

By   /  October 9, 2018  /  Banking and Finance, Business, Economics, English, Global Economy, MIL OSI, Open Source Intel, Reserve Bank of India  /  Comments Off on MIL-OSI Banking: Reserve Bank of India cancels the licence of Navodaya Urban Co-operative Bank Ltd., Nagpur, Maharashtra

Source: Reserve Bank of India Headline: Reserve Bank of India cancels the licence of Navodaya Urban Co-operative Bank Ltd., Nagpur, Maharashtra The Reserve Bank of India (RBI) has, vide order dated October 4, 2018 cancelled the licence of Navodaya Urban Co-operative Bank Ltd., Nagpur, Maharashtra to carry on banking business, with effect from the close […]

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MIL-OSI Banking: Result of the 14-day Variable Rate Repo Auction held on October 9, 2018

By   /  October 9, 2018  /  Banking and Finance, Business, Economics, English, Global Economy, MIL OSI, Open Source Intel, Reserve Bank of India  /  Comments Off on MIL-OSI Banking: Result of the 14-day Variable Rate Repo Auction held on October 9, 2018

Source: Reserve Bank of India Headline: Result of the 14-day Variable Rate Repo Auction held on October 9, 2018 Tenor 14-day Notified Amount (in ₹ billion) 230.00 Total amount of bids received (in ₹ billion) 134.00 Amount allotted (in ₹ billion) 134.00 Cut off Rate (%) 6.51 Weighted Average Rate (%) 6.52 Partial Allotment Percentage […]

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MIL-OSI Banking: Money Market Operations as on October 08, 2018

By   /  October 9, 2018  /  Banking and Finance, Business, Economics, English, Global Economy, MIL OSI, Open Source Intel, Reserve Bank of India  /  Comments Off on MIL-OSI Banking: Money Market Operations as on October 08, 2018

Source: Reserve Bank of India Headline: Money Market Operations as on October 08, 2018 (Amount in ₹ billion, Rate in Per cent) MONEY MARKETS @       Volume Wtd.Avg.Rate Range (One Leg) A. Overnight Segment (I+II+III+IV) 2,444.86 6.15 5.00-6.55      I. Call Money 170.81 6.40 5.00-6.55      II. CBLO 1,762.58 6.13 5.90-6.30      III. Market Repo 510.46 […]

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MIL-OSI Banking: Sovereign Gold Bond Scheme 2018 -19

By   /  October 9, 2018  /  Banking and Finance, Business, Economics, English, Global Economy, MIL OSI, Open Source Intel, Reserve Bank of India  /  Comments Off on MIL-OSI Banking: Sovereign Gold Bond Scheme 2018 -19

Source: Reserve Bank of India Headline: Sovereign Gold Bond Scheme 2018 -19 Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued every month from October 2018 to February 2019 as per the calendar specified below: S.No. Tranche Period of […]

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MIL-OSI Banking: Government of India announces the sale of four dated securities for ₹ 11,000 crore

By   /  October 9, 2018  /  Banking and Finance, Business, Economics, English, Global Economy, MIL OSI, Open Source Intel, Reserve Bank of India  /  Comments Off on MIL-OSI Banking: Government of India announces the sale of four dated securities for ₹ 11,000 crore

Source: Reserve Bank of India Headline: Government of India announces the sale of four dated securities for ₹ 11,000 crore Government of India (GoI) has announced the sale (re-issue) of four dated securities as per the following details: Sr No Security Notified Amount(in ₹ crore) Auction Date Settlement date 1 7.37% GS 2023 3,000 October […]

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MIL-OSI Banking: RBI to conduct 7-day Variable rate Reverse Repo auction under LAF on October 9, 2018

By   /  October 9, 2018  /  Banking and Finance, Business, Economics, English, Global Economy, MIL OSI, Open Source Intel, Reserve Bank of India  /  Comments Off on MIL-OSI Banking: RBI to conduct 7-day Variable rate Reverse Repo auction under LAF on October 9, 2018

Source: Reserve Bank of India Headline: RBI to conduct 7-day Variable rate Reverse Repo auction under LAF on October 9, 2018 The Reserve Bank of India will conduct the following Variable rate Reverse Repo auction on October 9, 2018, Tuesday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014. Sl. […]

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MIL-OSI Banking: Result of the 7-day Variable Rate Reverse Repo Auction held on October 8, 2018

By   /  October 8, 2018  /  Banking and Finance, Business, Economics, English, Global Economy, MIL OSI, Open Source Intel, Reserve Bank of India  /  Comments Off on MIL-OSI Banking: Result of the 7-day Variable Rate Reverse Repo Auction held on October 8, 2018

Source: Reserve Bank of India Headline: Result of the 7-day Variable Rate Reverse Repo Auction held on October 8, 2018 Tenor 7-day Notified Amount (in ₹ billion) 500.00 Total amount of offers received (in ₹ billion) 271.80 Amount accepted (in ₹ billion) 271.80 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance […]

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MIL-OSI Banking: Result of the Overnight Variable Rate Reverse Repo Auction held on October 08, 2018

By   /  October 8, 2018  /  Banking and Finance, Business, Economics, English, Global Economy, MIL OSI, Open Source Intel, Reserve Bank of India  /  Comments Off on MIL-OSI Banking: Result of the Overnight Variable Rate Reverse Repo Auction held on October 08, 2018

Source: Reserve Bank of India Headline: Result of the Overnight Variable Rate Reverse Repo Auction held on October 08, 2018 Tenor Overnight Notified Amount (in ₹ billion) 800.00 Total amount of offers received (in ₹ billion) 613.46 Amount accepted (in ₹ billion) 613.46 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.48 Partial Acceptance […]

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