Reserve Bank of India News and Monetary Policy Updates

  • Ashutosh Sureka
  • 9 hours ago
RBI has set the premature redemption price for SGB 2018-19 Series-IV at ₹14,086 for July 1.
Under the Government of India's 2018 notification, the next premature redemption date for investors of Sovereign Gold Bond 2018-19 Series-IV is July 1, 2026. The redemption price per unit has been ...
  • Jainam Mehta
  • 11 hours ago
Allocation of ₹13,600 crore completed in RBI's State Government Securities auction
In the State Government Securities auction held on June 30, 2026, several states including Andhra Pradesh, Assam, Punjab, Rajasthan, and Telangana raised a total of ₹13,600 crore. The cut-off ...
  • Jainam Mehta
  • 11 hours ago
RBI released the June 2026 Financial Stability Report
Presenting an assessment of the strength and risks of the Indian financial system, the Reserve Bank of India has released the June 2026 Financial Stability Report. The report states that global ...
  • Ashutosh Sureka
  • 11 hours ago
Bank credit growth in India accelerates in May 2026, strong expansion in industry and services sectors
By the end of May 2026, non-food bank credit growth in India becomes significantly faster compared to the same period last year. This growth is supported by broad-based expansion in industry, ...
  • Parshwa Turakhiya
  • 11 hours ago
RBI revises CoR surrender application criteria for NBFCs and HFCs
The Reserve Bank of India has revised the application process for voluntary surrender and cancellation of Certificate of Registration (CoR) for NBFCs and HFCs. This change follows the amendment ...
  • Ciaran Ryan
  • 11 hours ago
India's services trade surplus remains steady in May 2026
The latest monthly data on India's services trade shows year-on-year growth in both exports and imports in May 2026. During this period, services exports stood at 33,355 million U.S. dollars and ...
  • Sholanke Dele
  • 11 hours ago
RBI has launched the Banking Services Trade Survey 2025-26
To collect data on cross-border banking services from overseas units of Indian banks and units of foreign banks operating in India, RBI has initiated the 2025-26 International Trade in Banking ...
  • Ashutosh Sureka
  • 13 hours ago
India's external investment position improves, net liabilities decline in March 2026
India's external balance sheet saw a significant improvement by the end of the March 2026 quarter, reducing the level of net claims by non-residents on India to $209.9 billion. This change ...
  • Jainam Mehta
  • 13 hours ago
Deposits and loans at scheduled banks in India remained at high levels until mid-June
The latest fortnightly data from India's banking system provides an updated picture of deposits, bank credit, and investment levels up to mid-June. As of June 15, 2026, deposits from other parties ...
  • Ashutosh Sureka
  • 13 hours ago
Mixed trend in commercial banks' lending and deposit rates in RBI's June data
The June 2026 data on lending and deposit rates of India's scheduled commercial banks show varied trends in borrowing and funding costs in the banking sector. In May 2026, the weighted average ...
  • Jainam Mehta
  • Yesterday
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
  • Yesterday
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
  • Yesterday
India's external debt seen reaching $620 billion by March 2026, RBI says outlook remains stable
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
  • Yesterday
RBI fines Karnataka co-operative bank Rs 1 lakh for regulatory breaches
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
  • Yesterday
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
  • Yesterday
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
  • Yesterday
RBI reports ₹39,197 crore net liquidity injection 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 unveils ₹3.19 lakh crore borrowing plan for states in July-September
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 ...