RBI Governor to brief Parliamentary panel on demonetization

Petroleum and Natural Gas Minister Hardeep Puri will give a statement in Lok Sabha on the overall energy position of India amid West Asia conflict that has invariably affected shipping lines.

The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.

Among the participating states, Andhra Pradesh has raised Rs 3,000 crore through three securities with tenors of 13, 15 and 17 years. Arunachal Pradesh has raised Rs 190 crore with a 20-year tenor, while Assam has borrowed Rs 900 crore through a 15-year security. Delhi has raised Rs 1,000 crore via a 10-year security. Gujarat has raised Rs 2,000 crore through two securities with tenors of seven years and six months, and 11 years, with an additional borrowing option of Rs 500 crore for each.

Bengaluru (Karnataka) [India], March 10: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, 'CA Grameen', or the 'Company'), the country's largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has signed a syndicated social loan facility of USD 75 million, qualifying as an ECB under the automatic route of the Reserve Bank of India (RBI). HSBC acted as the Sole Mandated Lead Arranger and Bookrunner for the social loan fund raise, securing participations from HSBC (Gift City), Doha Bank (Qatar), State Bank (Mauritius) Ltd., Bank of China Ltd. (China), and National Development Bank Plc (Sri Lanka). This transaction reinforces CA Grameen's strong track record of raising international funds through innovative financing solutions.

The Indian rupee opened at an all-time low against the US dollar on Monday amid a sharp surge in crude oil prices and rising demand for the greenback.

The Reserve Bank of India (RBI) has announced that multiple state governments will raise a total of Rs 45,960 crore through the auction of State Government Securities (SGS), scheduled to be conducted on March 10, 2026.

The Reserve Bank of India (RBI) has announced that it will conduct Open Market Operation (OMO) purchase auctions of Government of India securities worth Rs 1,00,000 crore in two tranches to manage liquidity and financial conditions.

Reserve Bank of India (RBI) has issued draft Amendment Directions for 'Review of Framework of Limiting Customer Liability in Digital Transactions'.

Ahmedabad (Gujarat) [India], March 6: Ashok H Choudhary's a farmer son journey from a small village in Rajasthan to national recognition reflects a story of persistence, leadership and enterprise built from the ground up. Born in Dehlod village in Tonk District Rajasthan. he grew up in modest circumstances a farmer family where resources were limited but ambition was not. Beginning his career in roles such as, warehouse keeper and delivery boy, Choudhary faced daily challenges that shaped his understanding of hard work and resilience. Instead of allowing circumstances to define his path, he steadily moved forward, transforming setbacks into stepping stones.

Visakhapatnam (Andhra Pradesh) [India], March 6: Asia Today Media, hosted a "Pride of Nation Award 2026" to honour exceptional individuals from various fields for their dedication and expertise. The event was graced by the esteemed presence of Dr. Hari Babu Kambhampati, Hon'ble Governor of Odisha, Prof. S. P. Singh Baghel, Hon'ble Minister of State of Panchayati Raj, Fisheries, Animal Husbandry and Dairying, Govt. Of india. And Shri Golla Babu Rao, Member of Parliament, Rajya Sabha.