Press Releases
- Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹25,000 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 November 16, 2026 (Monday) 7.38% GS 2027 (Maturing on Jun […]
- The Reserve Bank has today released data on Reserve Money and Money Supply for the fortnight ended on October 31, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1479
- (Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 8,000 8,000 7,000 II. Competitive Bids Received (i) Number 132 91 146 (ii) Amount 27,046.800 20,021.500 21,548.500 III. Cut-off price (₹) / Yield 98.5581 96.8521 93.7900 (YTM: 5.8681%) (YTM: 6.5183%) (YTM: 6.6394%) IV. Competitive Bids Accepted (i) […]
- T-Bill 91-Day 182-Day 364-Day I. Total Face Value Notified ₹8,000 Crore ₹8,000 Crore ₹7,000 Crore II. Cut-off Price (₹) and Implicit Yield at Cut-Off Price 98.5581 (YTM: 5.8681%) 96.8521 (YTM: 6.5183%) 93.7900 (YTM: 6.6394%) III. Total Face Value Accepted ₹8,000 Crore ₹8,000 Crore ₹7,000 Crore Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1477
- (Amount in ₹ crore, Rate in Per cent) Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 0.00 – – I. Call Money 0.00 – – II. Triparty Repo 0.00 – – III. Market Repo 0.00 – – IV. Repo in Corporate Bond 0.00 – – B. Term Segment […]
- (Amount in ₹ crore, Rate in Per cent) Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 7,37,804.31 5.50 3.00-7.50 I. Call Money 14,551.04 5.59 4.30-5.70 II. Triparty Repo 5,39,199.30 5.47 4.95-5.63 III. Market Repo 1,76,503.97 5.57 3.00-5.75 IV. Repo in Corporate Bond 7,550.00 5.74 5.65-7.50 B. Term Segment […]
- 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 (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.94% GS 2036 May 11, 2036 34,000 F.No.4(1)-B(W&M)/2026 dated November 09, 2026 […]
- Supersession of Board of Directors of Abhyudaya Co-operative Bank Ltd., Mumbai – Extension of periodThe 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 Ltd., Mumbai (the bank) for one year on November 24, 2023, due to material concerns arising from poor governance standards observed within […]
- The result of the auction of State Government Securities held on November 09, 2026 is as under: (Amount in ₹ Crore) ASSAM SGS 2046 BIHAR SGS 2044* BIHAR SGS 2051 CHHATTISGARH SGS 2036# Notified Amount 1000 2000 2000 900 Tenor Re-issue of 7.83% ASSAM SGS 2046 issued on 29-APR-2026 18 -Years Re-issue of 7.76% […]
- In exercise of the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank has cancelled the Certificate of Registration (CoR) issued to the following Non-Banking Financial Company (NBFC): Name of the NBFC Registered Office Address CoR No. Date of Cancellation Gandhinagar Leasing and Finance Ltd. 420, Times […]
Notifications
- RBI/DPSS/2026-27/476 CO.DPSS.POLC.No.S843/02-27-019/2026-2027 November 11, 2026 All Scheduled Commercial Banks, including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Authorised Payment System Operators and Participants (Banks and Non-banks) Madam / Dear Sir, Reserve Bank of India (Domestic Money Transfer) Directions, 2026 With a view to harmonising and […]
- RBI/DPSS/2026-27/475 CO.DPSS.CSD.No.S825/01-01-078/2026-2027 November 05, 2026 The Chairman / Managing Director / Chief Executive Officer Authorised Non-bank Payment System Operators Madam / Dear Sir, Master Directions on Cyber Resilience and Digital Payment Security Controls for non-bank Payment System Operators The safety and security of payment systems is a key objective of the Reserve Bank of India […]
- RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE Mumbai 400 001 Notification No. FEMA 23(R)/(2)/2026-RB November 02, 2026 Foreign Exchange Management (Export and Import of Goods and Services) (Second Amendment) Regulations, 2026 In exercise of the powers conferred by Section 7, Section 8, sub-section (6) of Section 10 and sub-section (2) of Section 47 […]
- RBI/2026-27/303 DoR.AML.REC.255/14.06.001/2026-27 October 30, 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 […]
- RBI/2026-27/302 DoR.AML.REC.254/14.06.001/2026-27 October 27, 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/2026-27/301DoR.AML.REC.253/14.06.001/2026-27 October 27, 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) & Al-Qaida Sanctions List: Removal […]
- Re-organisation of districts in the NCT of Delhi – Assignment and Review of Lead Bank ResponsibilityRBI/2026-27/300 FIDD.CO.LBS.BC.No.12/02.08.001/2026-27 October 26, 2026 The Chairman / Managing Director & Chief Executive Officer Lead Banks concerned Madam/ Dear Sir, Re-organisation of districts in the NCT of Delhi – Assignment and Review of Lead Bank Responsibility The Government of National Capital Territory (NCT) of Delhi has notified re-organisation of districts in the NCT of Delhi […]
- RBI/2026-27/299 DOR.ORG.REC.252/21.06.050/2026-27 October 23, 2026 Reserve Bank of India (Commercial Banks – Forthcoming Instructions) Second Amendment Directions, 2026 Please refer to Chapter IV of the Reserve Bank of India (Commercial Banks – Forthcoming Instructions) Directions, 2025 dated November 28, 2025 (hereinafter referred to as ‘the Directions’), on Minimum Capital Requirements for Operational Risk. 2. On […]
- RBI/FED/2026-27/298 A.P. (DIR Series) Circular. No 28/2026-27 October 23, 2026 To, All Authorised Dealer Category-I banks and other Authorised Persons Madam / Sir, Delegation of Compounding of certain Contraventions under FEMA, 1999 to Regional Offices of the Reserve Bank Attention of Authorised Dealer (AD) Category – I banks and other Authorised Persons is invited to […]
- RBI/2026-27/297 DOR.CAP.REC.251/21-02-002/2026-27 October 23, 2026 Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Eleventh Amendment Directions, 2026 Please refer to 'Chapter VII: Leverage Ratio framework' of the Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Directions, 2025 (hereinafter referred to as 'the Directions'). To ensure alignment with […]
SPEECHES
- Shri Binod Kumar, Managing Director and CEO; Executive Directors; senior colleagues from Indian Bank; ladies and gentlemen. Good morning. It is indeed a pleasure to be here with the senior leadership team of Indian Bank at your conference aptly themed ‘Leading through Emerging Challenges in Banking’. 2. One of the interesting paradoxes of leadership is […]
- It is a pleasure to be back at the Business Standard BFSI Insight Summit. When I spoke here last year, my theme was the macroeconomic resilience of emerging markets (EMs), including India, which I attributed to the sound policy frameworks that these economies have adopted and adhered to.A year on, the resilience of the world […]
- माननीय प्रधानमंत्री श्री नरेंद्र मोदी जी, ओडिशा के महामहिम राज्यपाल महोदय, मुख्यमंत्री महोदय, केंद्रीय वित्त मंत्री जी, केंद्रीय जनजातीय मामलों के मंत्री जी, उप-मुख्यमंत्री, विशिष्ट अतिथिगण, देवियों और सज्जनों। नमस्कार, और शुभ संध्या। 2. मैं RBI की ओर से भुवनेश्वर में नए डेटा सेंटर और साइबर सुरक्षा प्रशिक्षण संस्थान के उद्घाटन समारोह में आप सभी […]
- 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 […]
TENDERS
- Reserve Bank of India, Chandigarh invites limited E-tender in two parts for captioned work. The estimated cost of the work is ₹44,68,324/- (Incl. of GST) and is to be completed within 90 days from the 14th day of award of work. 2. Eligibility Criteria: This is a limited e-tender. Only those interested and eligible firms, […]
- Reserve Bank of India, Chennai invites open e-Tender for the work – Design, Supply, Installation, Testing and Commissioning of IPCCTV Camera System at Reserve Bank of India Officers’ Quarters at Anna Nagar, Chennai. The tendering would be done through the Government e-Marketplace – Central Public Procurement Portal (GeM – CPPP) which is an e-procurement portal […]
- Reserve Bank of India, Chennai invites Limited e-Tender (two parts) for the work – ‘‘Demolition and dismantling of the existing RCC Overhead Water Tank (OHT) at RBI Staff Quarters, K.K. Nagar, Chennai.” The tendering process will be done only through CPP portal (https://etenders.gov.in/eprocure/app). All interested bidders (Empaneled for Civil, interior, fabrication and painting work up […]
- e-Tender No: 2026_RBI_296628_1 The Pre-bid meeting for the captioned e-tender was held at 11:00 AM on November 09, 2026 at Issue Cell to discuss some clauses of the tender and to clarify queries, if any, raised by the interested vendors/ bidders. The meeting was attended by the following persons: A.Name of Bank’s Officials participated in […]
- 1. The e-Tender is invited from the empaneled contractors for the work, for providing of ‘Electrical Works In Relation to Renovation of Third Floor at OB, RBI, Kochi’. The estimated cost of the work is ₹13,23,689/ – (incl. of GST) and is to be completed within 90 days from the seventh day after the date […]
- Please refer to the tender notice event No. 2026_RBI_294563 invited on the CPPP website https://etenders.gov.in/eprocure/app on October 30, 2026 for the captioned work. In this connection, it is hereby informed that the last date for submission of bids have been extended up to 14:00 Hrs. on November 16, 2026. The Techno-Commercial Bid (Part-I) of the […]
- In terms of e-Tender No – 2026_RBI_297056_1, Renovation of B-40 and window replacement in A-07 at RBI Officer's Quarter`s, Ultadanga, Kolkata, dated November 06, 2026 a pre-bid meeting was scheduled on November 09, 2026 at 15:00 hrs in offline mode at Estate Department, Main Office Premise, RBI, Kolkata. 2. However, no vendors/bidders participated in the […]
- Reserve Bank of India, Regional Office, Chennai invites e-tender for “Supply and Installation of 22 nos. of Desktops in RBI, Chennai” from the firms/agencies who are empaneled under item code “A2” of the DIT, CO’s circular dated September 15, 2026 on “Empanelment of Vendors for Supply and Installation of Computer Systems-2026-27” (Ref. No. CO.DIT.INFHW.No.S610/04-23-030/2026-27). The […]
- Minutes of Pre-Bid Meeting1. E-Tenders in two parts (Part-I and II) are invited for Renovation of B-40 and window replacement in A-07 at RBI Officer’s Quarter, Ultadanga, Kolkata (West Bengal). The work is estimated to cost ₹20,31,275 /- and is to be completed within 90 days from the 14th day of issue of work order. […]
- E-Tender No: 2026_RBI_295707 A ‘Pre-Bid Meeting’ of the intending bidders and Bank’s officials, for the captioned work was convened as per schedule at 11:00 Hrs. on November 06, 2026. List of the officials of Estate Department and intending bidders who attended the pre-bid meeting is given in Annexure-A. The following queries were raised by participants […]
PUBLICATION
- Today, the Reserve Bank released the provisional results of the 2025-261 round of the annual census on foreign liabilities and assets (FLA) covering cross-border liabilities and assets of the Indian entities [viz., companies, limited liability partnerships (LLPs), alternative investment funds (AIFs) and partnership firms] with inward/outward direct investment. The FLA census captures detailed information on foreign liabilities and assets in terms of direct investment, portfolio investment and other investments comprising of trade credit, loans, currency & deposits and other payables and receivables accounts, activity sector, sales, purchase, exports, and imports. The variations in outstanding foreign assets / liabilities between the […]
- Contents Sections I. Monetary Policy II. Regulation III. Central Board Meeting IV. Surveys V. Conference VI. Publications VII. Data Releases Volume XXII | Issue 7 | October 2026 MONETARY & CREDIT INFORMATION REVIEW Note from the Editor This issue of the Monetary & Credit Information Review presents the Reserve Bank's principal policy and engagement events of the month. The Monetary Policy Committee, in its fourth bi-monthly meeting of 2026-27 held on October 5–7, 2026, unanimously increased the policy repo rate by 25 bps to 5.50 per cent, with the SDF rate at 5.25 per cent and the MSF rate and […]
- 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 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 […]