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PREMATURE REDEMPTION UNDER SOVEREIGN GOLD BOND (SGB) SCHEME - REDEMPTION PRICE FOR PREMATURE REDEMPTION OF SGB 2019-20 SERIES-II DUE ON JULY 16, 2026

MUMBAI, India, July 15 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated May 30, 2019 (SGB 2019-20 Series-II-Issue date July 16, 20... Read More


CONVERSION/SWITCH OF GOVERNMENT OF INDIA SECURITIES

MUMBAI, India, July 15 -- Reserve Bank of India issued the following press release: Government of India announces the conversion/switch of its securities through auction for an aggregate amount of &#... Read More


RBI ISSUES DRAFT 'GUIDANCE ON REGULATORY EXPECTATIONS FOR DATA GOVERNANCE'

MUMBAI, India, July 15 -- Reserve Bank of India issued the following press release: Reserve Bank of India has today released the draft 'Guidance on Regulatory Expectations for Data Governance' for pu... Read More


RBI CANCELS CERTIFICATE OF REGISTRATION OF 192 NBFCS

MUMBAI, India, July 15 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of Ind... Read More


18 NBFCS SURRENDER THEIR CERTIFICATE OF REGISTRATION TO THE RBI

MUMBAI, India, July 15 -- Reserve Bank of India issued the following press release: The following eighteen Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR... Read More


SCHEDULED BANKS' STATEMENT OF POSITION IN INDIA AS ON JUNE 30, 2026

MUMBAI, India, July 15 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 27-Jun-2... Read More


EXCLUSION OF "INDIAN MERCANTILE CO-OPERATIVE BANK LTD., LUCKNOW" FROM THE SECOND SCHEDULE TO THE RESERVE BANK OF INDIA ACT, 1934

MUMBAI, India, July 15 -- Reserve Bank of India issued the following press release: Indian Mercantile Co-operative Bank Ltd., Lucknow has been excluded from the Second Schedule to the Reserve Bank of... Read More


State taps KDF housing allowances to pay back Sh3bn Sukuk bond

Nairobi, July 15 -- The State will withdraw the housing allowance of some Kenya Defence Forces (KDF) officers and use the funds to repay investors who bought the Sh3 billion Sukuk bond used to finance... Read More


Nairobi poised to be continent's largest metropolitan area

Nairobi, July 15 -- Nairobi is set to become Africa's largest metropolitan area by 2050, overtaking megacities such as Cairo and Lagos, amid a surge in urbanisation, putting pressure on the capital's ... Read More


Banks help dollar MMFs unlock Eurobond returns

Nairobi, July 15 -- Dollar-denominated money market funds (MMFs) are putting investors' cash into African and global Eurobonds through special debt securities structured by multinational banks, sidest... Read More