MUMBAI, India, Jan. 6 -- Reserve Bank of India issued the following notification: RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 No. FEMA 8(R)/2026-RB January 6, 2026 Foreign Exchange Management (Guarantees) Regulations, 2026 In exercise of the powers conferred by sub-section (2) of Section 6 and sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in supersession of Notification No. FEMA 8/2000-RB dated May 3, 20...
MUMBAI, India, Jan. 5 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 27, 2025 - October 31, 2025. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 27-10-2025 5,617 3,213 2,144 554 2...
MUMBAI, India, Jan. 5 -- Reserve Bank of India issued the following press release: I. Summary OMO Purchase Results Aggregate Amount (Face value) notified by RBI : ₹50,000 crore Total amount offered (Face value) by participants : ₹1,32,887 crore Total amount accepted (Face value) by RBI : ₹50,000 crore II. Details of OMO Purchase Issue Security 7.10% GS 2029 7.95% GS 2032 7.73% GS 2034 7.40% GS 2035 7.41% GS 2036 8.30% GS 2040 7.09% GS 2054 No. of offers received 92 44 25 91 ...
MUMBAI, India, Jan. 5 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated December 31, 2025, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on Jila Sahakari Bank Limited, Mau, Uttar Pradesh (the bank) for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Secti...
MUMBAI, India, Jan. 5 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period November 03, 2025 - November 07, 2025. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 03-11-2025 6,437 1,387 1,129 316...
MUMBAI, India, Jan. 5 -- Reserve Bank of India issued the following press release: Security 7.10% GS 2029 7.95% GS 2032 7.73% GS 2034 7.40% GS 2035 7.41% GS 2036 8.30% GS 2040 7.09% GS 2054 Total amount notified Aggregate amount of ₹50,000 crore (No security-wise notified amount) Total amount (Face Value) accepted by RBI (₹ in crore) 3,499 4,063 7,949 18,897 12,500 NIL 3,092 Cut off yield (%) 6.0239 6.6750 6.7081 6.7140 6.8795 NA 7.2757 Cut off price (₹) 103.15 106.74 106.79 ...
MUMBAI, India, Jan. 5 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 14,625 Amount allotted (in ₹ crore) 14,625 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1842 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Jan. 5 -- Reserve Bank of India issued the following press release: As part of the Reserve Bank's ongoing engagement with regulated entities, the Governor, Reserve Bank of India, today held a meeting in Mumbai with the Managing Directors and Chief Executive Officers (MDs & CEOs) of select Non-Banking Financial Companies (NBFCs), including Government NBFCs, Housing Finance Companies (HFCs) and Microfinance Institutions. The Reserve Bank had last held a similar meeting with NBFCs o...
MUMBAI, India, Jan. 5 -- Reserve Bank of India issued the following press release: The first meeting of the Payments Regulatory Board (PRB) was held today in Mumbai under the Chairmanship of Shri Sanjay Malhotra, Governor. It may be recalled that PRB was constituted consequent to an amendment in the Payment and Settlement Systems Act, 2007 which came into effect on May 9, 2025. The Board reviewed the functions of the Department of Payment and Settlement Systems and current focus areas coverin...
MUMBAI, India, Jan. 5 -- Reserve Bank of India issued the following press release: Reserve Bank of India has entered into an Agreement under sub-section (1) of Section 21A of the Reserve Bank of India Act, 1934 with the Government of National Capital Territory of Delhi (GNCTD). Under the agreement, which shall be effective from January 09, 2026, the Reserve Bank of India shall carry on the general banking business of GNCTD and manage its rupee public debt. (Brij Raj) Chief General Manager Pr...