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Supersession of Board of Directors of Abhyudaya Co-operative Bank Ltd., Mumbai - Extension of period

The Reserve Bank of India, in exercise of its powers under Section 36AAA read with Section 56 of the Banking Regulation Act, 1949, had superseded the Board of Directors of Abhyudaya Co-operative Bank…

  • RBI superseded Abhyudaya Co-operative Bank's Board of Directors on November 24, 2023.
  • Initial period of supersession extended to November 24, 2024.
  • RBI extended period to November 24, 2025, then to November 24, 2026.

Auction of Government of India Dated Security

Government of India (GoI) has announced the sale (re-issue) of one dated security for a notified amount of ₹34,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount…

  • Government of India to auction ₹34,000 crore dated security.
  • Security pays 6.94% interest, repaid on May 11, 2036.
  • Auction via e-Kuber system on November 13, 2026.

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