Reserve Bank of India News and Monetary Policy Updates

  • Jainam Mehta
  • 13 min ago
Government of India announces auction to raise ₹34,000 crore through re-issuance of 6.94% GS 2036
The Government of India announces its plan to raise ₹34,000 crore through the re-issuance of 6.94% GS 2036 security. This issue also includes an option to retain additional subscription of up to ...
  • Ashutosh Sureka
  • 2 hours ago
RBI imposes a fine of Rs 5 lakh on The Citizens Urban Cooperative Bank in Jalandhar
The Reserve Bank of India has imposed a monetary penalty of Rs 5 lakh on The Citizens Urban Cooperative Bank, located in Jalandhar, Punjab, for regulatory compliance deficiencies. This action ...
  • Parshwa Turakhiya
  • 2 hours ago
India's external debt is projected to rise to US$620 billion by the end of March 2026, RBI calls stability comfortable
India's external debt is estimated to reach US$620.0 billion by the end of March 2026, up 5.5% from the previous year. Commercial loans account for about 50.3% of total external debt, while the ...
  • Jainam Mehta
  • 2 hours ago
RBI imposed a fine of Rs 1 lakh on the Chikmagalur District Co-operative Central Bank in Karnataka for regulatory violations
The Reserve Bank of India has imposed a monetary penalty of Rs 1 lakh on The Chikmagalur District Co-operative Central Bank Ltd. in Karnataka for violations of the provisions of the Banking ...
  • Jainam Mehta
  • 4 hours ago
India's government securities buyback auction approved at ₹7,388.194 crore
In the Reserve Bank of India's government securities buyback auction, investor bids remained much lower than the announced ₹30,000 crore, with the accepted amount settling at ₹7,388.194 crore. ...
  • Ashutosh Sureka
  • 8 hours ago
Reserve Bank of India allocated ₹75,021 crore in the 2-day VRR auction
As part of the Indian banking system's short-term liquidity management process, the Reserve Bank of India announces the results of the 2-day Variable Rate Repo (VRR) auction held on June 29, 2026. ...
  • Parshwa Turakhiya
  • 10 hours ago
RBI's money market operations report recorded a net liquidity injection of ₹39,196.89 crore on June 25.
On June 25, 2026, the overnight segment of India's short-term money market saw a turnover of ₹665,304.77 crore, with a weighted average rate of 5.30%. On the same day, combining RBI's current ...
  • Ashutosh Sureka
  • 26.06.2026
RBI's weekly data shows a decline in forex reserves, while bank credit growth remains strong
The latest weekly snapshot of India's financial system reveals mixed trends in forex reserves, banking business, and liquidity operations. As of June 19, 2026, total forex reserves fell by ...
  • Parshwa Turakhiya
  • 25.06.2026
RBI has released the outline of the market borrowing calendar of ₹3.19 lakh crore for states and union territories for the July-September quarter.
An indicative calendar has been prepared for the market borrowing of state governments and union territories in the second quarter of FY 2026-27, providing investors with greater clarity on the ...
  • Ciaran Ryan
  • 25.06.2026
RBI offers state government securities auction worth ₹13,600 crore
Under the borrowing plan of Indian states, an auction of state government securities worth ₹13,600 crore is scheduled for June 30, 2026. This offering includes Andhra Pradesh, Assam, Punjab, ...
  • Parshwa Turakhiya
  • 25.06.2026
RBI has issued the 2026 Master Directions for credit derivatives
Following the announcement in the Union Budget 2026-27, a new regulatory step has emerged in India's debt market framework. The Reserve Bank of India has issued the final Master Directions to ...
  • Ashutosh Sureka
  • 25.06.2026
RBI has released the draft guidelines for the Call, Notice, and Term Money Markets
In a move to deepen the short-term funding framework in Indian financial markets, the Reserve Bank of India has issued the 2026 draft Master Directions for Call, Notice, and Term Money Markets. ...
  • Ashutosh Sureka
  • 25.06.2026
RBI has released the Treasury Bill auction calendar for the September 2026 quarter
Under the Government of India's short-term borrowing plan, the Reserve Bank of India has released the Treasury Bill issuance calendar for the quarter ending September 2026. During July to ...
  • Jainam Mehta
  • 25.06.2026
The Reserve Bank of India discussed the policy needs of the export sector with industry organizations in Mumbai.
Amid global trade uncertainties and shifting geopolitical challenges, representatives of major organizations linked to the Indian export sector met RBI Governor Sanjay Malhotra in Mumbai on June ...
  • Jainam Mehta
  • 25.06.2026
The Reserve Bank of India will auction Treasury Bills worth ₹24,000 crore on July 1.
Under the Government of India's short-term borrowing program, a fresh auction of 91-day, 182-day, and 364-day Treasury Bills will be held on July 1, 2026. A total of ₹24,000 crore is to be ...
  • Jainam Mehta
  • 25.06.2026
RBI will conduct a two-day VRR auction of ₹75,000 crore on June 29
After reviewing the current and evolving liquidity conditions in the Indian banking system, the RBI has decided to conduct a two-day Variable Rate Repo (VRR) auction on June 29, 2026. This step ...
  • Jainam Mehta
  • 25.06.2026
RBI issues draft guidelines on secondary market transactions in government securities
In a move to make the regulatory framework of India's government bond market more clear and integrated, the Reserve Bank of India has released a draft Master Direction for 2026. This draft ...
  • Jainam Mehta
  • 25.06.2026
RBI imposed a fine of Rs 3 lakh on Nabapalli Cooperative Bank of West Bengal for KYC violations
Amid monitoring of compliance with Indian banking regulations, action was taken against The Nabapalli Cooperative Bank Limited for not uploading customer KYC records to the central registry within ...
  • Parshwa Turakhiya
  • 25.06.2026
Strong demand for 6.68% GS 2040 and 7.43% GS 2076 in RBI's government bond auction
In the latest Indian government securities auction, the two long-term bonds received far more competitive bids than the notified amount. For 6.68% GS 2040, bids worth ₹62,938 crore were received ...
  • Ashutosh Sureka
  • 25.06.2026
Net liquidity injection of ₹10,311.89 crore in RBI's June 24 money market operations
Money market data for June 24, 2026 shows that the net liquidity injection by the Reserve Bank, combining outstanding and daily operations, stands at ₹10,311.89 crore in the Indian banking ...
  • Ciaran Ryan
  • 24.06.2026
The Reserve Bank of India has issued amendments to the foreign exchange risk framework
A new regulatory initiative has been introduced to further tighten liquidity and foreign exchange risk management standards in India’s banking sector. This amendment aims to strengthen banks’ ...