Tag: PRESS RELEASES FROM RBI

Result of the Overnight Variable Rate Reverse Repo auction held on March 12, 2019

Tenor Overnight Notified Amount (in ₹ billion) 800.00 Total amount of offers received (in ₹ billion) 699.74 Amount accepted (in ₹ billion) 699.74 Cut off Rate (%) 6.24 Weighted Average Rate (%) 6.24 Partial Acceptance Percentage of offers received at cut off rate NA Anirudha D. Jadhav Assistant Manager Press Release : 2018-2019/2156 from PRESS

RBI extends validity of the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow, Uttar Pradesh

The Reserve Bank of India (RBI) has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of six months from March 12, 2019 to September 11, 2019, subject to review. The bank has been under directions since June 12, 2014 vide directive dated June 4, 2014 issued under
Skip to toolbar