Latest news with #repo
Reuters
25-06-2025
- Business
- Reuters
India's central bank extends call money market timing by 2 hours
MUMBAI, June 25 (Reuters) - The Reserve Bank of India on Wednesday extended the trading hours for the interbank call money market by 2 hours to 7:00 p.m. IST, with effect from July 1. Banks borrow and lend money in the call market. The revised timings for the call market will be 9:00 a.m. IST to 7:00 p.m. IST. The central bank also extended the hours for market repo and tri-party repo to 4:00 p.m. IST, with effect from August 1. In May, a working group set up by the central bank had recommended longer operating hours for the interbank money markets. The trading hours for government bonds, foreign exchange and interest rate derivative markets have been left unchanged.
CBS News
16-06-2025
- CBS News
Man dead after being struck by semi-truck on Detroit highway, police say
Woman accused of firing on repo man; Michigan man accused of threats to president; other top stories Woman accused of firing on repo man; Michigan man accused of threats to president; other top stories Woman accused of firing on repo man; Michigan man accused of threats to president; other top stories A 28-year-old man is dead after being hit by a semi-truck on Interstate 75 in Detroit Sunday evening. Michigan State Police say officials received calls around 6:30 p.m. of a pedestrian, later identified as the man, running in and out of traffic on I-75 near Seven Mile Road. The man, from Detroit, was in a highway lane when he was struck by the semi, police say. He was taken to the hospital where he later died. Officials shut down the interstate for a short time after the crash. The man's family has been notified of the incident.
CBS News
15-06-2025
- CBS News
Detroit police seek public's help in locating 42-year-old man
Woman accused of firing on repo man; Michigan man accused of threats to president; other top stories Woman accused of firing on repo man; Michigan man accused of threats to president; other top stories Woman accused of firing on repo man; Michigan man accused of threats to president; other top stories The Detroit Police Department is asking for the public's help in finding a missing 42-year-old man. John Morrison left his home on the 18400 block of Hickory Street on Thursday and has not returned, officials say. Police describe Morrison as 6 feet tall and 180 pounds with black hair and brown eyes. He was wearing a red cap, tan jacket, blue shirt and blue jeans when last seen. John Morrison, 42. Detroit Police Department Anyone with information about Morrison is asked to call the Detroit Police Department at 313-596-5940 or Crime Stoppers of Michigan at 1-800-773-2587.
CBS News
14-06-2025
- CBS News
Southfield police seek public's help finding missing teen
Woman accused of firing on repo man; Michigan man accused of threats to president; other top stories Woman accused of firing on repo man; Michigan man accused of threats to president; other top stories Woman accused of firing on repo man; Michigan man accused of threats to president; other top stories Police in Southfield, Michigan, are asking for the public's help in locating a 15-year-old girl who went missing early Saturday. Officials say Alaura Jade Brooks was last seen leaving the area of Nine Mile and Lahser roads in Southfield on foot around 2:20 a.m. Brooks is described as 5 feet 6 inches tall, 120 pounds with brown eyes, black hair and a ponytail. Officials say she was last seen wearing a black shirt, lime green leggings and lime green Jordan shoes. Alaura Jade Brooks, 15 Southfield Police Department Anyone with information about Brooks is asked to call the Southfield Police Department at 248-796-5500.
CBS News
13-06-2025
- CBS News
Police say security video provided leads on wallet theft investigation in Grand Blanc Township
Woman accused of firing on repo man; Michigan man accused of threats to president; other top stories Woman accused of firing on repo man; Michigan man accused of threats to president; other top stories Woman accused of firing on repo man; Michigan man accused of threats to president; other top stories A man has been arrested in the thefts of wallets and bank cards from unlocked vehicles at parks in Genesee County, Michigan. Lester Muex, 48, of Detroit, was arrested after security video at one of the retailers was used to help identify him using a victim's bank card, Grand Blanc Township Police Chief William Renye said in a video report. Meux was lodged in the Genesee County jail on six counts of unauthorized use of a financial transaction device, the chief said. The first incident under investigation happened June 1 at Creasey Bicentennial Park on East Grand Blanc Road. The victim was watching a softball game when a man grabbed a wallet out of his unlocked vehicle. The bank cards were immediately used at a local retail store and gas station. Renye said police attempted to access security video from both the store and the gas station, but ran into "roadblocks" and delays in getting permission for review of the footage. "We frequently hear from the public that we're not doing anything with cases ... when in fact we are," he said about the time involved with accessing security images from businesses. "These things take time." While officers were still working on that investigation, a second incident with similar circumstances was reported. The second incident happened June 3 at the Henry Ford Genesys Trails in Grand Blanc Township. The victim had left her car doors unlocked, and her wallet was stolen. The suspect used her credit cards at a different retail store. On this occasion, police were able to get quick access to the business's exterior video, which showed the suspect driving a black, older model pickup truck. Additional security video inside a store gave a view of the potential suspect that police reviewed for leads with facial recognition technology. "That's where our investigation really took off," the chief said. Once they had a possible name, they could start looking into which vehicle he might have been driving The suspect was taken into custody Wednesday without incident after he left a hotel in Chesterfield Township.
