Press Releases
- On a review of current and evolving liquidity conditions in the near term, it has been decided to conduct a Variable Rate Repo (VRR) auction on Friday, October 23, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 9:30 AM to 10:00 AM October 26, […]
- In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series-II-Issue date October 23, 2018) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be October […]
- The Reserve Bank has today released data on Reserve Money for the fortnight ended on October 15, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1368
- The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal vide Directive No. CO.DOS.SED.No.S2574/12-07-005/2022-23 dated July 21, 2022 for a period of six months up to close of business on January 22, 2023, which […]
- Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auction to be held on October 23, 2026 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, […]
- Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 1,62,354 Amount allotted (in ₹ crore) 50,006 Cut off Rate (%) 5.54 Weighted Average Rate (%) 5.55 Partial Allotment Percentage of bids received at cut off rate (%) 3.2 Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1365
- (Amount in ₹ crore, Rate in Per cent) Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,95,661.81 5.64 4.85-6.00 I. Call Money 11,933.13 5.65 4.85-5.90 II. Triparty Repo 4,87,398.75 5.64 5.51-5.87 III. Market Repo 1,90,233.33 5.64 5.25-5.95 IV. Repo in Corporate Bond 6,096.60 5.72 5.70-6.00 B. Term Segment […]
- On a review of current and evolving liquidity conditions in the near term, it has been decided to conduct a Variable Rate Repo (VRR) auction on Thursday, October 22, 2026, as under: Sl. No. Notified Amount(₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 1 09:30 AM to 10:00 AM October 23, 2026 […]
- It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CHN.DoS.UCBs.No.S336/16-05-847/2026-2027 dated October 19, 2026, has issued certain Directions to […]
- [Under Section 45ZL of the Reserve Bank of India Act, 1934] The sixty third meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during October 5 to 7, 2026. 2. The meeting was chaired by Shri Sanjay Malhotra, Governor and was attended by […]
Notifications
- RBI/2026-27/296 DoR.AML.REC.250/14.06.001/2026-27 October 19, 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/2026-27/294 DOR.MRG.REC.No.248/00-00-020/2026-27 October 19, 2026 Reserve Bank of India (Commercial Banks – Miscellaneous) Second Amendment Directions, 2026 Please refer to Section C on ‘Limits for Non-Option Derivative Contracts’ of Chapter IV of the Reserve Bank of India (Commercial Banks – Miscellaneous) Directions, 2025. 2. On a review, and in exercise of the powers conferred by […]
- RBI/2026-27/295 DOR.MRG.REC.No.249/00-00-020/2026-27 October 19, 2026 Reserve Bank of India (Small Finance Banks – Miscellaneous) Amendment Directions, 2026 Please refer to Section C on ‘Limits for Non-Option Derivative Contracts’ of Chapter IV of the Reserve Bank of India (Small Finance Banks – Miscellaneous) Directions, 2025. 2. On a review, and in exercise of the powers conferred […]
- RBI/2026-27/293 A.P. (DIR Series) Circular No. 27 October 12, 2026 To, All Authorised Dealers Madam/Sir, Risk Management and Inter-Bank Dealings Attention of Authorised Dealers is invited to Master Direction – Risk Management and Inter-Bank Dealings dated July 05, 2016, as amended from time to time. 2. In terms of Para 2.3 (iii) of Section I […]
- RBI/2026-27/291 A.P. (DIR Series) Circular No. 25 October 10, 2026 To, All Authorised Dealers Madam/Sir, Risk Management and Inter-Bank Dealings Attention of Authorised Dealers is invited to the Master Direction – Risk Management and Inter-Bank Dealings dated July 05, 2016, as amended from time to time. 2. In view of evolving market conditions, it has […]
- RBI/2026-27/292 A.P. (DIR Series) Circular No. 26 October 10, 2026 To, All Authorised Dealers Madam/Sir, Risk Management and Inter-Bank Dealings – Foreign Exchange Risk Reserve Attention of Authorised Dealers is invited to the Master Direction – Risk Management and Inter-Bank Dealings dated July 05, 2016, as amended from time to time. 2. With a view […]
- RBI/2026-27/290 DoR.RET.REC.247/12.01.001/2026-27 October 09, 2026 All Scheduled Banks, Madam / Sir, Section 42(1) of the Reserve Bank of India Act, 1934 – Change in Daily Minimum Cash Reserve Maintenance Requirement The scheduled banks are allowed to maintain minimum Cash Reserve Ratio (CRR) of not less than 90 percent of the required CRR on all days […]
- RBI/2026-27/287 DOR.MRG.REC.No.243/00-00-001/2026-27 October 7, 2026 Reserve Bank of India (Small Finance Banks – Prudential Norms on Capital Adequacy) Sixth Amendment Directions, 2026 Please refer to paragraph 75(5) (i) of the Reserve Bank of India (Small Finance Banks – Prudential Norms on Capital Adequacy) Directions, 2025, on the requirement for clearing member banks to obtain legal […]
- RBI/2026-27/288DOR.MRG.REC.No.244/00-00-001/2026-27 October 7, 2026 Reserve Bank of India (Payments Banks – Prudential Norms on Capital Adequacy) Third Amendment Directions, 2026 Please refer to paragraph 52(5) (i) of the Reserve Bank of India (Payments Banks – Prudential Norms on Capital Adequacy) Directions, 2025, on the requirement for clearing member banks to obtain legal opinion. On a […]
- RBI/2026-27/289DOR.MRG.REC.No.245/21-01-002/2026-27 October 07, 2026 Reserve Bank of India (All India Financial Institutions (AIFIs) – Prudential Norms on Capital Adequacy) Fifth Amendment Directions, 2026 Please refer to paragraph 77(6) (i) of the Reserve Bank of India (All India Financial Institutions (AIFIs) – Prudential Norms on Capital Adequacy) Directions, 2025, on the requirement for clearing member financial […]
SPEECHES
- Shri Tuhin Kanta Pandey, Chairman, SEBI; Shri Shyamal Majumdar, Editor, and friends from the Financial Express, distinguished leaders from banking, financial services and insurance; ladies and gentlemen. Good morning to all of you. 2. We meet as the festive season gathers momentum across the country— a period traditionally associated with celebration and elevated economic activity. […]
- Participants from the Reserve Bank of India: Shri Sanjay Malhotra – Governor, Reserve Bank of India Shri Swaminathan J – Deputy Governor, Reserve Bank of India Dr. Poonam Gupta – Deputy Governor, Reserve Bank of India Shri Shirish Chandra Murmu – Deputy Governor, Reserve Bank of India Shri Rohit Jain – Deputy Governor, Reserve Bank […]
- Thank you for inviting me to speak today. 2. I would like to speak on financial stability, the institutional mechanism, approach and tools for financial stability in our country, the emerging global risks, and our assessment of the financial system. I. What is Financial Stability? 3. As we all know, financial stability is the ability […]
- Distinguished guests, leaders of the banking and financial community, representatives from the fintech and technology world, colleagues from the Reserve Bank, ladies, and gentlemen, it is a pleasure to be here at the SBI Banking and Economic Conclave. 2. The theme of this year’s Conclave is most timely. If we were to gauge India’s performance […]
- It is my pleasure to be here at the SBI’s 13th Banking and Economics conclave to share my views on the Indian economy and put them in the global context– a context that is becoming increasingly more volatile and complex. In my brief comments, I will discuss the challenges that the global economic backdrop has […]
- 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 […]
TENDERS
- Reserve Bank of India, Ahmedabad invites sealed applications for empanelment of contractors / suppliers for various Civil, Electrical, and other works in Bank’s properties located at Ahmedabad. The supplies / works will range upto ₹100 lakh in different trades and categories. The panel will remain in force for a period of three years i.e., from […]
- Reserve Bank of India, Hyderabad invites e-tenders through CPP portal (https://etenders.gov.in/eprocure/app) from eligible empanelled contractors for the captioned work. 1. Tender name Providing, Fabricating and Erecting a new MS Bullion Lift Shaft in the Main Office Building, RBI Hyderabad 2. e-Tender ID 2026_RBI_295297_1 3. Estimated value of tender ₹22.30 lakh (amount including of GST & […]
- Reserve Bank of India, Belapur invites e-Tender through Central Public Procurement Portal (CPPP) for “Design, Fabricating, Supply and Installation of Open Office Modular Workstations, Office Work Desks/ tables Library bookshelves, overhead storage etc., on 2nd floor, 3rd floor (ODC) at Main Office Building, Reserve Bank of India, Belapur and Ground floor at Primary Data Center […]
- Reserve Bank of India, Kanpur invites e-tender for ‘Renovation Works for expansion of ORBIO at AOB, RBI Kanpur.’ The e-tendering shall be done through the e-tendering portal of CPPP (https://etenders.gov.in/eprocure/app). All eligible and interested companies / agencies / firms must register themselves with MSTC Ltd through the above-mentioned website to participate in the e-tendering process. […]
- Reserve Bank of India, Chandigarh invites open E-tender in two parts for captioned work. The estimated cost of the work is ₹61.08 lakh and is to be completed within 90 days from the 14th day of award of work. 2. Eligibility Criteria: As per clause 4 of Section III: General Instructions to the Bidders 3. […]
- Estate Office, Mumbai Regional Office, Reserve Bank of India invites limited e-tenders for the captioned work from eligible vendors. The schedule of tender is as follows: Sl. No Item Details 1 e-Tender Reference No. RBI/Mumbai Regional Office/Estate/26-27/ET/029 2 Tender Inviting Authority Regional Director, Reserve Bank of India, Estate Department, Mumbai. Tel No.: 022 22603226 Email […]
- Please refer to e-Tender no: 2026_RBI_292510_1 uploaded by the Bank on CPP Portal (https://etenders.gov.in/eprocure/app) on September 28, 2026. 2. In this connection, please note that the bid closing date and the last date of EMD submission of the said e-tender has been further extended up to October 26, 2026, till 12:00 Hrs. Further, the Part […]
- It has been decided to extend the last date for submission of applications for the above-mentioned tender for following trades to 02:00 PM on November 11, 2026- Trades Trade S. No. B. Civil 2 to 8 C. Dead Stock/ General 9 to 17 D. Electrical 18 to 30 2. Accordingly, the scheduled last for submission […]
- Reserve Bank of India, College of Agricultural Banking, Pune, invites E-tenders in two parts from the empaneled contractors of the College for the work – “Renovation of the Kitchen area and Misc. Civil works of hostel rooms in Indrayani Hostel, CAB, RBI, Pune.”. The work is estimated to cost ₹25,98,000/- and is to be completed […]
- Reserve Bank of India, Bhopal invites two-part e-Tender from the contractors empaneled with Reserve Bank of India, Estate Department, Bhopal, under category “Supply, Installation, Testing and Commissioning of Air Conditioners and allied works” under amount more than 10 Lakh and up to 50 Lakhs” for the work of “Design, Supply, Installation, Testing & Commissioning (DSITC) […]
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 […]
- Press Release RBI Working Paper Series No. 01 Data Gaps in State-Level Inflation: An Assessment for the Covid Period Purnima Shaw and R. K. Sinha@ Abstract 1 The disruption during Covid-19 necessitated statistical organisations across the world to impute the missing official statistics data or explore alternative data sources. The Reserve Bank of India’s (RBI’s) Inflation Expectations Survey of Households (IESH) continued to be conducted (using telephonic interviews) during the pandemic months. While imputed figures for the official price indices are available at the aggregate level for April and May 2020, the State-wise inflation data remains unpublished (missing) for four […]
- CONTENTS How to Use This Handbook Concepts, Definitions and Statistical Framework 1. Reserve Bank of India – Liabilities and Assets 2. Foreign Exchange Reserves 3. Cash Balances of Scheduled Commercial Banks (excluding Regional Rural Banks) with Reserve Bank of India 4. Scheduled Commercial Banks – Business in India 5. Ratios and Rates 6. Money Stock: Components and Sources 7. Reserve Money: Components and Sources 8. Liquidity Operations by RBI 9. Major Price Indices 10. Certificates of Deposit 11. Commercial Paper 12. Average Daily Turnover in Select Money Markets 13. Govt. of India: Treasury Bills Outstanding 14. Market Borrowings by the […]
- CONTENTS Foreword Preparation and Publication How to Use This Handbook Concepts, Definitions and Statistical Framework I. Select Economic Indicators 1. Select Economic Indicators II. Reserve Bank of India 2. RBI – Liabilities and Assets 3. Liquidity Operations by RBI 4. Sale / Purchase of U.S. Dollar by the RBI 4(a). Maturity Breakdown of Outstanding Forwards of RBI 5. RBI’s Standing Facilities III. Money and Banking 6. Money Stock Measures 7. Sources of Money Stock (M3) 8. Monetary Survey 9. Liquidity Aggregates 10. Reserve Bank of India Survey 11. Reserve Money – Components and Sources 12. Commercial Bank Survey 13. Scheduled […]
- Today, the Reserve Bank released the results of 50th round of its quarterly Services and Infrastructure Outlook Survey (SIOS) conducted during Q2:2026-27. 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, 750 companies provided their assessment for Q2:2026-27 and expectations for Q3:2026-27 as well as outlook on key parameters for the subsequent two quarters. Highlights: A.Services Sector Assessment for Q2:2026-27 Services sector enterprises reported strengthening in the overall […]
- Today, the Reserve Bank released the results of September 2026 round of its bi-monthly Inflation Expectations Survey of Households (IESH)1 2. The survey was conducted during September 10-20, 2026, in 19 major cities, with 5,987 responses. Highlights: The current median inflation perception of households increased by 60 basis points (bps) to 8.4 per cent as compared to the previous round [Charts 1a and 1b; Table 3]. Households’ median inflation expectations for the next three months and one year rose by 70 bps and 60 bps to 9.9 per cent and 10.0 per cent, respectively [Charts 1a and 1b; Table 3]. […]
- Today, the Reserve Bank released the results of 115th round of its quarterly industrial outlook survey (IOS). The survey1 encapsulates qualitative assessment of the business climate by Indian manufacturing companies for Q2:2026-27 and their expectations for Q3:2026-27 as well as outlook on select parameters for the subsequent two quarters. A total of 1,224 companies responded in this round of the survey2 conducted during July-September 2026. Highlights: A. Assessment for Q2:2026-27 Manufacturers indicated improved demand conditions as compared to the previous quarter, as reflected in their assessment on production, order books and capacity utilisation (Table A). Pressures from raw material costs […]
- Today, the Reserve Bank released the results of September 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 September 10-20, 2026, covering 8,799 responses in the rural and semi-urban areas across all Indian states and three major UTs. Highlights: The Current Situation Index (CSI)3 has moderated to 90.6 with softening of sentiments in most of the survey parameters, baring spending […]
- Today, the Reserve Bank released the results of 37th round of its Bank Lending Survey (BLS)1, which captures qualitative assessment and expectations of major scheduled commercial banks (SCBs) 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 Q2:2026-27, collected senior loan officers’ assessment of credit parameters for Q2:2026-27 and their expectations for Q3 and Q4:2026-27 and Q1:2027-28. Highlights: A.Assessment for Q2:2026-27 Bankers reported improved optimism in credit demand across major sectors of the economy during Q2:2026-27 (Chart 1 and Table 1). […]
- Today, the Reserve Bank released the results of September 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 September 10-20, 2026, covering 6,054 respondents across 19 major cities. Highlights: Households’ confidence for the current period moved marginally with the Current Situation Index (CSI)2 at 87.9 from 88.3 in the previous round (Chart 1). Consumer optimism for the year ahead remained in positive terrain, albeit with […]