Press Releases
- (Amount in ₹ crore, Rate in Per cent) Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 7,57,943.15 5.09 4.20-5.40 I. Call Money 15,770.95 5.24 4.20-5.35 II. Triparty Repo 5,53,550.75 5.08 4.95-5.14 III. Market Repo 1,82,849.05 5.10 4.50-5.25 IV. Repo in Corporate Bond 5,772.40 5.22 5.18-5.40 B. Term Segment […]
- Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹30,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction Source Securities Amount (FV) of Source Securities (in ₹ crore) Destination Securities May 18, 2026 (Monday) 6.79% GS 2027 (Maturing on May […]
- (Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 12,000 6,000 6,000 II. Competitive Bids Received (i) Number 108 74 65 (ii) Amount 27,619.025 25,462.300 8,950.000 III. Cut-off price / Yield 98.6862 97.3143 94.5600 (YTM: 5.3398%) (YTM: 5.5348%) (YTM: 5.7688%) IV. Competitive Bids Accepted (i) Number […]
- T-Bill 91-Day 182-Day 364-Day I. Total Face Value Notified ₹12,000 Crore ₹6,000 Crore ₹6,000 Crore II. Cut-off Price and Implicit Yield at Cut-Off Price 98.6862(YTM: 5.3398%) 97.3143(YTM: 5.5348%) 94.5600(YTM: 5.7688%) III. Total Face Value Accepted ₹12,000 Crore ₹6,000 Crore ₹6,000 Crore Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/250
- (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 02-May-2025# 15-Apr-2026 30-Apr-2026 02-May-2025# 15-Apr-2026 30-Apr-2026 I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 349543.61 367443.29 399151.36 355519.18 376141.00 407371.06** b) Borrowings from banks 110268.37 74592.28 […]
- (Amount in ₹ crore, Rate in Per cent) Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 7,38,848.15 5.13 3.00-5.40 I. Call Money 16,051.42 5.25 4.20-5.35 II. Triparty Repo 5,44,521.75 5.13 4.93-5.19 III. Market Repo 1,72,504.58 5.11 3.00-5.40 IV. Repo in Corporate Bond 5,770.40 5.26 5.20-5.40 B. Term Segment […]
- The Reserve Bank of India (RBI), vide order dated May 12, 2026, has cancelled the licence of “Sarvodaya Co-operative Bank Ltd., Mumbai”, under Section 22 read with Section 56 of the Banking Regulation Act, 1949 (BR Act). Consequently, the bank ceases to carry on banking business, with effect from the close of business on May […]
- In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series-III-Issue date November 13, 2018) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the next due date […]
- The result of the auction of State Government Securities held on May 12, 2026, is as under: (Amount in ₹ Crore) ASSAM SGS 2032* BIHAR SGS 2051 CHHATTISGARH SGS 2031 CHHATTISGARH SGS 2040 Notified Amount 1000 1600 500 500 Tenor Re-issue of 7.22% ASSAM SGS 2032 issued on 18-MAR-2026 Re-issue of 7.92% BIHAR SGS […]
- Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Assam* 1000 705.457 98.13/7.6192 Re-issue of 7.22% Assam SGS 2032, issued on March 18, 2026 2. Bihar 1600 1600 100.55/7.8684 Re-issue of 7.92% Bihar SGS 2051, issued on April 15, 2026 3. Chhattisgarh […]
Notifications
- RBI/DGBA/2026-27/400 CO.DGBA.GBD.No.S44/31.02.007/2026-27 April 30, 2026 Reserve Bank of India [Conduct of Government Business by Agency Banks (ABs) – Payment of Agency Commission and Oversight of ABs] Directions, 2026 Table of Contents Chapter I: Preliminary A. Short Title and Commencement B. Applicability Chapter II: Agency Business Arrangement – Appointment of ABs Chapter III: Payment of Agency […]
- RBI/DGBA/2026-27/399 CO.DGBA.GBD.No.S43/31.02.007/2026-27 April 30, 2026 Reserve Bank of India [Disbursement of Government Pension by Agency Banks (ABs)] Directions, 2026 Table of Contents Chapter I – Preliminary A. Short Title and Commencement B. Applicability C. Definitions Chapter II – Implementation of Government Orders A. Government Orders on Dearness Relief (DR), etc., available on its website B. […]
- RBI/2026-27/62 DOR.STR.REC.51/21-04-048/2026-27 April 29, 2026 Reserve Bank of India (Regional Rural Banks – Responsible Business Conduct)Amendment Directions, 2026 Please refer to Reserve Bank of India (Regional Banks – Resolution of Stressed Assets) Amendment Directions, 2026 dated April 29, 2026. 2. Consequent to the aforesaid Amendment Directions, in exercise of the powers conferred by the sections […]
- RBI/2026-27/71 DOR.STR.REC.60/21-04-048/2026-27 April 29, 2026 Reserve Bank of India (Non-Banking Financial Companies – Credit Risk Management) Second Amendment Directions, 2026 Please refer to Reserve Bank of India (Non-Banking Financial Companies – Resolution of Stressed Assets) Amendment Directions, 2026 dated April 29, 2026. 2. Consequent to the aforesaid Amendment Directions, in exercise of the powers conferred […]
- RBI/2026-27/67 DOR.STR.REC.56/21-04-048/2026-27 April 29, 2026 Reserve Bank of India (Rural Cooperative Banks – Credit Risk Management) Second Amendment Directions, 2026 Please refer to Reserve Bank of India (Rural Cooperative Banks – Resolution of Stressed Assets) Amendment Directions, 2026 dated April 29, 2026. 2. Consequent to the aforesaid Amendment Directions, in exercise of the powers conferred […]
- RBI/2026-27/72 DOR.STR.REC.61/21-04-048/2026-27 April 29, 2026 Reserve Bank of India (All India Financial Institutions– Resolution of Stressed Assets) Amendment Directions, 2026 Please refer to Reserve Bank of India (All India Financial Institutions – Resolution of Stressed Assets) Directions, 2025 (hereinafter referred to as ‘the Directions’). 2. Reserve Bank had announced, as part of the Statement on […]
- RBI/2026-27/63 DOR.STR.REC.52/21-04-048/2026-27 April 29, 2026 Reserve Bank of India (Regional Rural Banks – Credit Risk Management)Second Amendment Directions, 2026 Please refer to Reserve Bank of India (Regional Rural Banks – Resolution of Stressed Assets) Amendment Directions, 2026 dated April 29, 2026. 2. Consequent to the aforesaid Amendment Directions, in exercise of the powers conferred by […]
- RBI/2026-27/73 DOR.STR.REC.62/21-04-048/2026-27 April 29, 2026 Reserve Bank of India (All India Financial Institutions – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026 Please refer to Reserve Bank of India (All India Financial Institutions – Resolution of Stressed Assets) Amendment Directions, 2026 dated April 29, 2026. 2. Consequent to the aforesaid Amendment Directions, in exercise […]
- RBI/2026-27/74 DOR.STR.REC.63/21-04-048/2026-27 April 29, 2026 Reserve Bank of India (All India Financial Institutions – Responsible Business Conduct) Amendment Directions, 2026 Please refer to Reserve Bank of India (All India Financial Institutions – Resolution of Stressed Assets) Amendment Directions, 2026 dated April 29, 2026. 2. Consequent to the aforesaid Amendment Directions, in exercise of the powers […]
- RBI/2026-27/75 DOR.STR.REC.64/21-04-048/2026-27 April 29, 2026 Reserve Bank of India (All India Financial Institutions – Credit Risk Management) Second Amendment Directions, 2026 Please refer to Reserve Bank of India (All India Financial Institutions – Resolution of Stressed Assets) Amendment Directions, 2026 dated April 29, 2026. 2. Consequent to the aforesaid Amendment Directions, in exercise of the […]
SPEECHES
- 1. Distinguished participants, it gives me great pleasure in addressing the 25th FIMMDA1-PDAI2 Annual Conference. The development of India’s fixed income and derivatives markets owes much to such conferences, which provide an opportunity for all stakeholders to get together and deliberate on not only the journey so far but more importantly the way forward. I […]
- Good Morning. 1. Let me begin by thanking you for giving me this opportunity to share my thoughts with you. It is indeed a pleasure to be present here amongst some of the brightest minds. 2. I fondly remember the 11 months spent here in 2008-09: from the basics of economics with courses by Bob […]
- Participants from the Reserve Bank of India: Shri Sanjay Malhotra – Governor, Reserve Bank of India Shri T. Rabi Sankar – Deputy Governor, Reserve Bank of India Shri Swaminathan J – Deputy Governor, Reserve Bank of India Dr. Poonam Gupta – Deputy Governor, Reserve Bank of India Shri R. Lakshmi Kanth Rao – Executive Director, […]
- Dr S. Vaidhyasubramaniam, Vice-Chancellor of SASTRA University, Shri G. Mahalingam, Chairman of the Board of City Union Bank, Dr. N. Kamakodi, MD & CEO, City Union Bank, distinguished guests, esteemed faculty members, staff and dear students, ladies, and gentlemen. A very good morning to all of you. 2. It is indeed an honour to deliver […]
- Professor Partha Ray, Director, National Institute of Bank Management (NIBM), Shri Jaikish, Principal, College of Agricultural Banking (CAB), distinguished delegates, researchers, faculty, policymakers, industry leaders, colleagues from India and overseas, ladies and gentlemen. Good afternoon. 2. As we come to the close of this International Conference on Digitalisation for Inclusive Finance and Sustainability, let me […]
- Prof Nitin Upadhyay, Dean of Academics; Prof Jabir Ali, Dean of Faculty and Research; Prof Pranab Das and Dr. Ashish Kumar, Conference Chairs of this event; Distinguished speakers, panelists and guests; Faculty members, and above all, my dear students. A very good morning to all of you. 2. Before I begin, let me say it […]
- It is my pleasure and honour to deliver the 14th Foundation Day Lecture of the Centre for Development Studies (CDS). Established in October 1970 by Professor K. N. Raj, CDS has been a premier academic institute in India for social science and development research. CDS's footprints in economic research have been evident through its pioneering […]
TENDERS
- SCHEDULE OF TENDER (SOT) i) E-tender No. RBI/PD-Central Office Departments/Others/3/26-27/ET/88 ii) Name of work Limited e-Tender – Renovation of Visitors entry porta cabin on the Ground floor, Central Office Building, Reserve Bank of India, Mumbai iii) Mode of Tender e-Procurement System (Online Part I and Part II – Price Bid through www.mstcecommerce.com/eprocn/rbi). Guidelines for e-tender […]
- e-Tender No.- RBI/Hyderabad Regional Office/Estate/2/26-27/ET/31 As per the schedule, pre-bid meeting for the captioned tender was held at 15:00 Hrs. on May 11, 2026, at Estate Department, 1st floor, Main Office Building, RBI, Hyderabad. 2. Representatives from two firms viz., M/s. Stedrant Technoclinic Pvt Ltd, M/s. ISSPL Limited, had participated in the pre-bid meeting along […]
- Reserve Bank of India, Thiruvananthapuram invites e-tender for the publication of advertisement in newspapers regarding 'Reserve Bank – Integrated Ombudsman Scheme, 2021'. The said advertisement will be published on Sunday, June 14, 2026 (in an English and two Malayalam dailies) in all Kerala editions (specimen enclosed in Annex 1 to 3). The tendering process shall […]
- Reserve Bank of India, Ahmedabad invites sealed quotations for the captioned work from eligible firms. All interested firms may submit their sealed quotes within schedule date and time tabulated below. All interested firms may go through terms and conditions and other specifications in the tender document before submitting their quotes. Name of Work Conducting Energy […]
- e-Tender No: RBI/Bhubaneswar Regional Office/Estate/4/26-27/ET/87 A. Eligibility criteria: 1. E-tenders in two parts are invited for “Supply, Installation, Testing and Commissioning of Lightning Protection System (LPS) at Bank’s Main Office building, Bhubaneswar”. 2. The work is estimated to cost ₹11,39,000/- including GST and is to be completed within 1 month from the 14th day of […]
- 1. Tenders by e-tendering process are invited for the “Supply, Installation, Testing and Commissioning of Full height dual lane turnstile at Banking Hall Entrance and Full height triple lane turnstile at staff Entrance in Main Office Building, Reserve Bank of India, Hyderabad”. The work is estimated to cost ₹20.00 Lakhs/- and is to be completed […]
- This notice is being published for information only and is not an open invitation to quote in this limited tender. Participation in this tender is by invitation only and is limited to the selected Procuring Entity’s enlisted contractors. Please refer to RBI website https://www.rbi.org.in/Scripts/BS_ViewTendersIDDetails.aspx?TId=3643 for the list of empanelled survey agencies for household surveys for […]
- Reserve Bank of India, Jaipur invites e-Tender for Renovation Work in Lobby and Staircase at Annexe Building, RBI Jaipur in two parts (Part-I and Part-II) from eligible bidders. The tendering would be done through the e-Tendering portal of MSTC Ltd. (https://mstcecommerce.com/eprocn). All the eligible firms/ contractors shall ensure to register themselves with MSTC Ltd. to […]
- The pre-bid meeting for the captioned tender was conducted at 11.30 am on May 12, 2026 at Reserve Bank of India, Andhra Pradesh Regional Office, Stalin Central, 27-37-158, M.G. Road, Governor Pet, Vijayawada-520002. 2. The Representative from M/s. Firstman Management Services Private Limited participated in the pre-bid meeting. 3. All the major terms and conditions […]
- E-Tender- No: ID – RBI/Guwahati/HRMD/5/25-26/ET/745[Deployment of sniffer dogs] The Reserve Bank of India (RBI), Human Resource Management Department, Guwahati had invited E-Tender for providing Services of Sniffer Dogs with Handlers at Reserve Bank of India, Main Office Building, Guwahati on December 24, 2025. 2. It is informed that the captioned tender stands cancelled. Regional Director […]
PUBLICATION
- Analytical Accounts of the Banking Sector General Government Operations International Investment Position (IIP) International Reserves and Foreign Currency Liquidity Data Template Rates and Ratios Foreign Exchange Reserves Analytical Accounts of the Central Bank External Debt Treasury Bill Rates Balance of Payment Advance Release Calendar of the Analytical Accounts of the Banking Sector for the year 2026-27 Reference Period Release Date/Month Publication Apr 15, 2026 Apr 24, 2026 WSS Apr 30, 2026 May 08, 2026 WSS May 15, 2026 May 22, 2026 WSS May 31, 2026 Jun 12, 2026 WSS Jun 15, 2026 Jun 26, 2026 WSS Jun 30, 2026 Jul […]
- Contents Part-I: Developments during the Half-year I.1 Introduction I.2 Movement of Foreign Exchange Reserves I.2.1 Review of Growth of Foreign Exchange Reserves I.2.2 Sources of Accretion to Foreign Exchange Reserves I.3 Forward Outstanding I.4 External Liabilities vis-à-vis Foreign Exchange Reserves I.5 Adequacy of Reserves I.6 Management of Gold Reserves I.7 Investment Pattern of the Foreign Currency Assets I.8 Other Related Aspects I.8.1 Financial Transaction Plan (FTP) of the IMF I.8.2 Investments under New Arrangements to Borrow (NAB) with IMF I.8.3 SAARC Swap Arrangement I.8.4 Investment in Bonds issued by IIFC (UK) Part-II: Objectives of Reserve Management, Legal Framework, Risk Management […]
- A. Certificates of Authorisation issued by the Reserve Bank of India under the Payment and Settlement Systems Act, 2007 for Setting up and Operating Payment System in India The Payment and Settlement Systems Act, 2007 along with the Board for Regulation and Supervision of Payment and Settlement Systems Regulations, 2008 and the Payment and Settlement Systems Regulations, 2008 have come into effect from 12th August 2008. The list of 'Payment System Operators’ authorised by the Reserve Bank of India to set up and operate in India under the Payment and Settlement Systems Act, 2007 is as under: Sr. No. Name […]
- I. Background Over the past decade, digital payments in India have expanded at an unprecedented pace, reflecting a structural shift in the manner in which individuals and businesses conduct financial transactions. Digital transaction volumes have increased 38-fold, while transaction values have more than tripled. The compound annual growth rate (CAGR) of digital payments over this period stands at approximately 53% and 13% in volume and value terms respectively. ii. The above growth has been supported by a diverse and interoperable payments ecosystem comprising credit and debit cards, Unified Payments Interface (UPI), Immediate Payment Service (IMPS), National Electronic Funds Transfer (NEFT), […]
- Today, the Reserve Bank released the results of 35th round of its quarterly Bank Lending Survey (BLS)1, which captures qualitative assessment and expectations of major scheduled commercial banks on credit parameters (viz., loan demand as well as terms and conditions of loans) for major economic sectors2. The latest round of the survey, which was conducted during Q4:2025-26, collected senior loan officers’ assessment of credit parameters for Q4:2025-26 and their expectations for Q1, Q2 and Q3 of 2026-27. Highlights: A.Assessment for Q4:2025-26 Bankers reported sustained credit demand across major sectors of the economy during Q4:2025-26 (Chart 1 and Table 1). Bankers […]
- The Reserve Bank has been conducting the survey of professional forecasters (SPF) since September 2007. Forty-six panellists participated in the 99th round of the bi-monthly survey conducted during March 2026. The survey results are summarised in terms of their median forecasts and summary statistics are presented in Annexes 1-8. Highlights: 1. Output Real gross domestic product (GDP) is expected to grow by 6.9 per cent in 2026-27 and by 7.0 per cent in 2027-28 (Table 1). SPF panellists placed GDP growth forecasts in the range of 6.0-7.5 per cent for 2026-27 and in the range of 6.2-8.0 per cent for […]
- Today, the Reserve Bank released the results of March 2026 round of its bi-monthly Inflation Expectations Survey of Households (IESH)1 2. The survey was conducted during February 25 to March 10, 2026, in 19 major cities, with 6,075 responses. Highlights: The current median inflation perception of households inched up by 30 basis points (bps) to 7.2 per cent as compared to the previous round. Their inflation expectations for the three months and one year ahead rose by 60 bps and 20 bps to 8.5 per cent and 8.8 per cent, respectively [Charts 1a and 1b; Table 3]. For both the […]
- Today, the Reserve Bank released the results of March 2026 round of its bi-monthly Rural Consumer Confidence Survey (RCCS)1 2. The survey collects current perceptions (vis-à-vis a year ago) and one year ahead expectations of households, on general economic situation, employment scenario, overall price situation, own income and spending, besides information on inflation. The survey was conducted during February 25 to March 10, 2026, covering 8,928 responses in the rural and semi-urban areas across all Indian states and three major UTs. Highlights: Rural consumer confidence for the current period has worsened; the Current Situation Index (CSI)3 declined and moved into […]
- Today, the Reserve Bank released the results of March 2026 round of its bi-monthly urban consumer confidence survey (UCCS)1. The survey collects current perceptions (vis-à-vis a year ago) and one year ahead expectations of households on general economic situation, employment scenario, overall price situation, own income and spending. The survey was conducted during February 25 to March 10, 2026, covering 6069 respondents across 19 major cities. Highlights: Consumer confidence for the current period deteriorated in the pessimistic zone with the Current Situation Index (CSI)2 at 95.7 vis-à-vis 98.1 in the previous round (Chart 1). Confidence for the year ahead, though […]
- Today, the Reserve Bank released the results of its 72nd round of the quarterly Order Books, Inventories, and Capacity Utilisation Survey (OBICUS), which was conducted during Q4:2025-26 and covered 1057 manufacturing companies. The survey1 provides a snapshot of the demand conditions in India’s manufacturing sector during October-December 2025. Highlights: At the aggregate level, capacity utilisation (CU) in the manufacturing sector increased to 75.6 per cent in Q3:2025-26 from 74.3 per cent in the previous quarter. The seasonally adjusted CU (CU-SA) increased by 60 basis points from the previous quarter and stood at 75.5 per cent in Q3:2025-26. Both CU and […]