Press Releases
- The Reserve Bank in its Know Your Customers (KYC) Directions, 2025 has issued instructions on 'Operations of Bank Accounts and Money Mules'. The Hon'ble Supreme Court in its order dated August 4, 2026 has directed the Reserve Bank to adopt and circulate a Standard Operating Procedure (SOP) prescribing the action to be taken by banks […]
- On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Tuesday, September 15, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor(day) Window Timing Date of Reversal 1 5,00,000 1 09:30 AM to 10:00 AM September 16, 2026 (Wednesday) 2. The […]
- Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (₹ crore) Auction Date Settlement Date 1 91-Day 9,000 September 16, 2026 (Wednesday) September 17, 2026 (Thursday) 2 182-Day 8,000 3 364-Day 7,000 Total 24,000 The sale will […]
- On a review of current and evolving liquidity conditions, the Reserve Bank has decided to conduct OMO sale auctions of Government of India securities for an aggregate amount of ₹1,00,000 crore in three tranches of ₹50,000 crore, ₹25,000 crore, and ₹25,000 crore to be held on September 17, 2026, September 21, 2026, and September 28, […]
- The Reserve Bank of India (RBI) has, by an order dated September 08, 2026, imposed a monetary penalty of ₹27.30 lakh (Rupees Twenty Seven Lakh Thirty Thousand only) on Asset Care & Reconstruction Enterprise Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on ‘Income Recognition’. This penalty has been […]
- The Reserve Bank has today released data on Money Supply for the fortnight ended on August 31, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1104
- 1. Reserve Bank of India – Liabilities and Assets* (₹ Crore) Item 2025 2026 Variation Sep. 05 Aug. 28 Sep. 04 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 44070 3116 27940 24824 -16130 * Data […]
- The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Loknete R.D. (Appa) Kshirsagar Sahakari Bank Ltd., Niphad, Tal. Niphad, Dist. Nashik, vide Directive No. CO.DOS.SED. No. S6986/ 12-22-482/2025-2026 dated December 15, 2025, for a period of six months up to the close of […]
- (Amount in ₹ Crore) Auction Results 6.20% GS 2029* 6.57% GS 2033 New GS 2056 I. Notified Amount 11,000 11,000 10,000 II. Competitive Bids Received (i) Number 92 125 210 (ii) Amount 23,263.000 26,374.525 28,604.000 III. Cut-off price(₹) / Yield 99.46 98.36 100.00 (YTM: 6.4031%) (YTM: 6.8703%) (YTM: 7.6300%) IV. Competitive Bids […]
- 6.20% GS 2029* 6.57% GS 2033 New GS 2056 I. Notified Amount ₹11,000 crore ₹11,000 crore ₹10,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 99.46/6.4031% 98.36/6.8703% 7.63% III. Amount accepted in the auction ₹4,505.529 crore ₹11,000 crore ₹10,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL * Partial […]
Notifications
- RBI/2026-27/256 FIDD.CO.PSD.BC.No.10/04.09.001/2026-27 September 11, 2026 Reserve Bank of India (Priority Sector Lending – Targets and Classification) Third Amendment Directions, 2026 Please refer to Reserve Bank of India (Priority Sector Lending – Targets and Classification) Second Amendment Directions, 2026 issued on August 7, 2026, specifying that the following advances extended in India would be excluded from […]
- RBI/2026-27/255 DOR.RET.REC.220/12.01.001/2026-27 September 11, 2026 Reserve Bank of India (Local Area Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026 Please refer to Reserve Bank of India (Local Area Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025 dated November 28, 2025. Consequent upon the inclusion of a Local […]
- RBI/2026-27/254 A.P. (DIR Series) Circular No. 21 September 08, 2026 To All Authorised Persons Madam / Sir, Review of Circulars issued under Foreign Exchange Management Act, 1999 (FEMA) In pursuance of the Reserve Bank’s ongoing initiative to rationalise the regulatory framework under the Foreign Exchange Management Act, 1999 (FEMA), a comprehensive review of circulars issued […]
- RBI/2026-27/253 DOR.AML.REC.219/14.06.001/2026-27 September 07, 2026 The Chairpersons/ CEOs of the Commercial Banks, Small Finance Banks, Payment Banks, Urban Co-operative Banks, Rural Co-operative Banks, Regional Rural Banks, Local Area Banks, Non-Banking Financial Companies, Asset Reconstruction Companies, All India Financial Institutions Madam/Dear Sir, Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) […]
- RBI/2026-27/252 DOR.AML.REC.218/14.06.001/2026-27 September 07, 2026 The Chairpersons/ CEOs of the Commercial Banks, Small Finance Banks, Payment Banks, Urban Co-operative Banks, Rural Co-operative Banks, Regional Rural Banks, Local Area Banks, Non-Banking Financial Companies, Asset Reconstruction Companies,All India Financial Institutions Madam/Dear Sir, Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1988 (2011) Taliban Sanctions List: […]
- RBI/2026-27/251 A.P. (DIR Series) Circular No. 20 September 02, 2026 To All Authorised Dealer Category-I banks Madam / Sir Deposits and Accounts – Accounts of Non-resident banks Please refer to Para B.2(ii) and B.8(i) of Part B of the A.P. (DIR Series) Circular No.92, dated April 4, 2003, in terms of which AD banks were […]
- RBI/2026-27/250 CO.FIDD.FSD.No.S544/05-10-001/2026-27 September 02, 2026 The Chief Executive Officer / Managing Director All Scheduled Commercial Banks (including Regional Rural Banks and Small Finance Banks) All Local Area Banks/ Urban Cooperative Banks/ Rural Cooperative Banks/ Non-Banking Financial Companies / AIFIs Madam / Dear Sir, Relief Measures in Areas Affected by Natural Calamities – Reporting through Centralised […]
- RBI/2026-27/249 DOR.MRG.REC.No.217/00-00-011/2026-27 September 2, 2026 Reserve Bank of India (Urban Co-operative Banks – Classification, Valuation, and Operation of Investment Portfolio) Second Amendment Directions, 2026 Please refer to Chapter VIII of Reserve Bank of India (Urban Co-operative Banks – Classification, Valuation, and Operation of Investment Portfolio) Directions, 2025 dated November 28, 2025, on Investment in non-SLR […]
- RBI/2026-27/248 DOR.SOG(SPE).REC.214/13.03.00/2026-27 August 25, 2026 Reserve Bank of India (Rural Co-operative Banks – Interest Rate on Deposits) Second Amendment Directions, 2026 Please refer to the Reserve Bank of India (Rural Co-operative Banks – Interest Rate on Deposits) Directions, 2025 (hereinafter referred to as ‘Directions’), dated November 28, 2025 (Updated as on June 17, 2026), wherein […]
- RBI/2026-27/247 DOR.SOG(SPE).REC.216/13.03.00/2026-27 August 25, 2026 Reserve Bank of India (Urban Co-operative Banks – Interest Rate on Deposits) Third Amendment Directions, 2026 Please refer to the Reserve Bank of India (Urban Co-operative Banks – Interest Rate on Deposits) Directions, 2025 (hereinafter referred to as ‘Directions’), dated November 28, 2025 (Updated as on June 17, 2026), wherein […]
SPEECHES
- Distinguished guests, fellow regulators and policymakers, leaders of financial institutions, members of the FinTech community, technology professionals, ladies and gentlemen. Namaskar and a very good afternoon to you all. 2. It gives me great pleasure to be with you at the Global FinTech Fest 2026. What began as a forum for an emerging industry — […]
- Good afternoon. I am delighted to be here at the Global Fintech Fest once again. Over the years, this platform has evolved beyond being an industry conference to a forum where policymakers, regulators, innovators, financial institutions, entrepreneurs and academia come together to exchange ideas that will shape the future of finance. 2. Let me begin […]
- Distinguished guests, colleagues from across the fintech ecosystem, representatives of regulatory and international bodies, ladies and gentlemen. It gives me great pleasure to be here at the Global Fintech Festival. 2. This Festival has, over the years, become a fertile ground for ideas at the intersection of finance and technology. It brings together those who […]
- Hon’ble Prime Minister, Shri Narendra Modi Ji, Shri Kris Gopalakrishnan, members of the GFF Advisory Council, dignitaries from India and abroad, FinTech founders, innovators, financial sector colleagues, members of the press, ladies and gentlemen. Namaskar and good evening. 2. We are immensely honored and encouraged by the presence of the Hon'ble Prime Minister at this […]
- Distinguished guests, leaders from the financial industry, esteemed colleagues from the regulatory fraternity, ladies and gentlemen, very good morning. 2. It is my privilege to address the 7th Edition of the NBFC & HFC Summit. I thank the organisers for inviting me to speak on “NBFCs, HFCs and the New Phase of Growth.” Fewer subjects […]
- Shri Srinivasa Panigrahi, Chairman, FEDAI; Shri Shamsher Singh, Deputy Managing Director, SBI, Shri Vivek Wahi, Chief Executive, FEDAI; distinguished members of the banking and financial community; ladies and gentlemen. Good evening. 1. Thank you for inviting me to FEDAI's Annual Day. My congratulations to FEDAI on this occasion. FEDAI was set up way back in […]
- Chairpersons, Directors, Managing Directors and Chief Executive Officers of Urban Co-operative Banks, colleagues from the Reserve Bank, distinguished participants, ladies and gentlemen. Good morning2. It gives me great pleasure to be here with all of you today as part of Mission SAKSHAM. As the name suggests, SAKSHAM is about capability—about ensuring that our Urban Co-operative […]
- Distinguished guests, colleagues from the banking and financial industry, ladies and gentlemen — Namaskar, and a very good afternoon. 1. It is a privilege to address this distinguished gathering at the fourth edition of the CNBC-TV18 Banking Transformation Summit. This year’s theme captures, I think, exactly the right subjects for our times: “Scaling Bharat, Banking […]
- Introduction Good afternoon, my fellow central bankers from around the globe. I congratulate Bank Indonesia for hosting this discussion on such a topical issue, and I thank them for the opportunity to present an Indian perspective on it. Currency management is a core function of nearly every central bank represented in this room. In the […]
TENDERS
- Reserve Bank of India, Hyderabad invites e-tenders through CPP portal from eligible empanelled contractors for the captioned work. 1. Tender name Renovation of Three Officers flats (A-10, F-58 & G-73) at Bank's Officers' Quarters at Ameerpet, Hyderabad. 2. Tender ID 2026_RBI_290644_1 3. Estimated value of tender ₹21.35 lakh (amount inclusive of GST) 4. Uploading the […]
- The tender for appointment of Concurrent Auditors for the period October 01, 2026 to September 30, 2027, by Reserve Bank of India, Thiruvananthapuram Regional Office was floated on September 3, 2026. In connection with the same, a pre-bid meeting was held on September 11, 2026, at 11:00 AM in the Board Room, Third Floor, Reserve […]
- Tender Reference Number: 2026_ESTTNGP_0406014 Tender ID: 2026_RBI_285965_1 Reserve Bank of India, Estate Department, Nagpur Regional Office had invited open e-tender for “Supply, Installation, Testing & Commissioning (SITC) of 02 Nos. Small Room Cooling (SRC AC) Split Type Air-conditioning System (minimum 3 TR each) for UPS Room, Additional Office Building, Nagpur” through RBI Website and CPP […]
- Estate Cell, BKC, Reserve Bank of India invites e-tender from the contractors empaneled with Reserve Bank of India, Mumbai in the category of Civil trade costing between ₹25 lakh to ₹50 lakh for the captioned work. The tendering would be done through the e-Tendering portal of CPPP (https://etenders.gov.in). All interested eligible empanelled contractors must register […]
- e-Tender No: 2026_RBI_289687_1 The Pre-bid meeting for the captioned e-tender was held at 11:00 AM on September 11, 2026 at Estate Department, 1st floor, RBI, Bhubaneswar, to clarify the queries, if any, raised by the interested bidders. The meeting was attended by the following persons: Representatives of the Bank i. Shri Prem Shankar Konapala, AGM […]
- The Pre-submission meeting for captioned empanelment was scheduled in offline mode on September 10, 2026, at 11.00 AM in Estate Department, Main Office Premises, RBI Ranchi, however, no vendor/contractor turned up for the meeting. The Bank will not be bound to entertain any further query/clarification from any vendor/contractor in future. Regional DirectorReserve Bank of IndiaRanchi
- Reserve Bank of India, Mumbai invites two-part tender by e-tender mode from the contractors empaneled with Reserve Bank of India, Estate Office, Fort, Mumbai in category of Civil Works between ₹5 Lakh to ₹10 Lakh for the captioned work. The tendering would be done through Central Public Procurement Portal (CPPP) (https://etenders.gov.in). All interested eligible empaneled […]
- A pre-bid meeting was conducted on September 07, 2026, at 11:30 p.m. with respect to the captioned e-Tender ID. 2026_RBI_289413 at the Reserve Bank Staff College, Chennai. 2. (a) List of Bank’s Officials who attended the meeting: Sr. No. Name Designation 1. Shri. Rajasekaran G Deputy General Manager 2. Smt. Nabonita Basak Assistant General Manager […]
- (2026_RBI_290315_1) 1. Reserve Bank of India, New Delhi (hereinafter referred to as “the Bank”) invites e-tender for “Design, Supply, Installation, Testing and Commissioning (DSITC) of three nos. of Multi-zone DFMDs for Bank’s Main Office Building, New Delhi” from eligible and willing firms/agencies. The estimated cost of tender is ₹10.66 lakh (Rupees Ten Lakh and Sixty-Six […]
- NBCC invites e-tender on percentage fees basis from reputed Architect/Consultant firms for “Providing Architectural and Engineering Consultancy Services for Construction of a) Office Complex of Reserve Bank of India at Nelapadu, Amaravati, Andhra Pradesh, and b) Officers’ & Staff Residential Complex of Reserve Bank of India at Inavolu, Amaravati, Andhra Pradesh (EPC Basis)” on Quality […]
PUBLICATION
- 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 […]
- Today, the Reserve Bank of India released the balance of payments (BoP) data for the first quarter (Q1), i.e., April-June of 2026 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-June 2026 are detailed below in Table 1. Table 1: Sources of Variation in Foreign Exchange Reserves* (US$ billion) Items April-June 2025 April-June 2026 I. Current Account Balance -3.4 -4.2 II. Capital Account (net) (a to f) 7.9 -3.9 a. Foreign Investment (i+ii) 6.9 -3.5 (i) Foreign Direct Investment (FDI) 5.2 6.1 […]
- Contents Sections I. Monetary Policy II. Regulation III. Central Board Meeting IV. Publications V. Data Release and Surveys Volume XXII | Issue 5 | August 2026 MONETARY & CREDIT INFORMATION REVIEW Note from the Editor Governor Shri Sanjay Malhotra announced the MPC's decision on August 5, 2026, following the third Bi-monthly Meeting for 2026-27, to keep the repo rate unchanged at 5.25 per cent, the SDF rate at 5.00 per cent and the MSF rate and Bank Rate at 5.50 per cent, with the stance retained at neutral. Headline CPI inflation, after remaining below target for sixteen months, increased to […]
- Today, the Reserve Bank released the results of 114th round of its quarterly industrial outlook survey (IOS). The survey1 encapsulates qualitative assessment of the business climate by Indian manufacturing companies for Q1:2026-27 and their expectations for Q2:2026-27 as well as outlook on select parameters for the subsequent two quarters. A total of 1,202 companies responded in this round of the survey2 conducted during April-June 2026. Highlights: A. Assessment for Q1:2026-27 Manufacturing firms’ optimism on demand conditions weakened in Q1:2026‑27, with sentiments on production, order books, capacity utilisation and exports turning subdued amidst the West Asia conflict (Table A). Firms reported […]
- Today, the Reserve Bank released the results of 36th round of its quarterly Bank Lending Survey (BLS)1, which captures qualitative assessment and expectations of major scheduled commercial banks2 on credit parameters (viz., loan demand as well as terms and conditions of loans) for major economic sectors. The latest round of the survey, which was conducted during Q1:2026-27, collected senior loan officers’ assessment of credit parameters for Q1:2026-27 and their expectations for Q2, Q3 and Q4 of 2026-27. Highlights: A. Assessment for Q1:2026-27 Bankers reported seasonal moderation in credit demand across the major sectors of the economy during Q1:2026-27, except for […]
- Today, the Reserve Bank released the results of its 73rd round of the quarterly Order Books, Inventories, and Capacity Utilisation Survey (OBICUS), which was conducted during Q1:2026-27 and covered 1127 manufacturing companies. The survey1 provides a snapshot of the demand conditions in India’s manufacturing sector during January-March 2026. Highlights: At the aggregate level, capacity utilisation (CU) in the manufacturing sector increased to 77.4 per cent in Q4:2025-26 from 75.6 per cent in the previous quarter. The seasonally adjusted CU (CU-SA) decreased by 30 basis points from the previous quarter and stood at 75.2 per cent in Q4:2025-26. Both CU and […]
- Today, the Reserve Bank released the results of July 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 July 11-20, 2026, covering 5,987 respondents across 19 major cities. Highlights: Households’ confidence for the current period moderated with the Current Situation Index (CSI)2 declined to 88.3 from 90.7 in the previous round (Chart 1). Consumer optimism for the year ahead remained in positive terrain, albeit with […]
- Today, the Reserve Bank released the results of July 2026 round of its bi-monthly Inflation Expectations Survey of Households (IESH)1 2. The survey was conducted during July 11-20, 2026, in 19 major cities, with 5,905 responses. Highlights: The current median inflation perception of households remained unchanged at 7.8 per cent as compared to the previous round [Charts 1a and 1b; Table 3]. Households’ median inflation expectations for the next three months eased by 10 basis points (bps) to 9.2 per cent while year ahead expectation inched up by 10 bps to 9.4 per cent [Charts 1a and 1b; Table 3]. […]
- Today, the Reserve Bank released the results of July 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 July 11-20, 2026, covering 8,581 responses in the rural and semi-urban areas across all Indian states and three major UTs. Highlights: Rural consumer confidence for the current period as measured by Current Situation Index (CSI)3, moderated to 91.7 (Chart 1; Table 9). […]
- Today, the Reserve Bank released the results of 49th round of its quarterly Services and Infrastructure Outlook Survey (SIOS) conducted during Q1:2026-27. This forward-looking survey1 captures qualitative assessment and expectations of Indian companies engaged in the services and infrastructure sectors on a set of business parameters relating to demand conditions, price situation and other business conditions. In the latest round of the survey2, 1,007 companies provided their assessment for Q1:2026-27 and expectations for Q2:2026-27 as well as outlook on key parameters for the subsequent two quarters. Highlights: A. Services Sector Assessment for Q1:2026-27 Service sector firms remained positive about their […]