MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release: In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated October 01, 2025, the Reserve Bank has, in exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, issued a Notification to bring State Co-operative Banks and Central Co-operative Banks under the ambit of the Reserve Bank - Integrated Ombudsman Scheme, 2021 (the Scheme), with effec...
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank has released today the draft Master Direction - Reserve Bank of India (Internal Ombudsman for Regulated Entities) Directions, 2025. 2. The Reserve Bank, vide Master Direction - Reserve Bank of India (Internal Ombudsman for Regulated Entities) Directions, 2023 dated December 29, 2023, has institutionalized the Internal Ombudsman mechanism in various regulated entities (REs) for independent review...
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank has released today the draft Reserve Bank - Ombudsman Scheme, 2025 (Scheme). 2. The Reserve Bank - Integrated Ombudsman Scheme (RB-IOS), 2021 launched on November 12, 2021, provides customers of Regulated Entities (REs) a speedy, cost-effective and expeditious alternate grievance redress mechanism. Based on the operational experience, stakeholder feedback, and global best practices, the Reserve ...
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has launched the 71st round of its Order Books, Inventories and Capacity Utilisation Survey (OBICUS). The survey is for the reference period July - September 2025 (Q2:2025-26). The Reserve Bank has been conducting the Order Books, Inventories and Capacity Utilisation Survey (OBICUS) of the manufacturing sector on a quarterly basis since 2008. The information collected in the survey incl...
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has today released the data onOverseas Direct Investment, both under Automatic Route and the Approval Route, for the month of September 2025. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1270 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release: In exercise of the powers conferred under Section 36 AAA read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank has today superseded the Board of Directors of Irinjalakuda Town Co-operative Bank Ltd., for a period of 12 months. Consequently, the Reserve Bank has appointed Shri Raju S Nair, former Vice President, Federal Bank as 'Administrator' to manag...
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release: 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. BPL.DOS.SED.No.S1638/12-07-054/2025-2026 dated October 06, 2025, has issued certain Directions to Sadbhav Nagrik Sahakari Bank Maryadit, Chhatarpur, whereby, as from the cl...
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release: 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. NGP.DOS.SSM 1.No.S581/15-04-381/2025-2026 dated October 06, 2025, has issued certain Directions to Samarth Urban Co-operative Bank Ltd., Osmanabad ("the bank"), whereby, as...
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release: 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. NGP.DOS.SSM 2.No.S580/15-03-614/2025-2026 dated October 06, 2025, has issued certain Directions to Samarth Sahakari Bank Ltd., Solapur ("the bank"), whereby, as from the cl...
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India had issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Shirpur Merchants' Co-operative Bank Ltd., Shirpur, Maharashtra, vide Directive No. CO.DOS.SED. No. S175/45-11-001/ 2024-2025 dated April 05, 2024, for a period of six months up to the close of business on October 08, 2024, as modified from time to time, which were last extended up to ...