MUMBAI, India, Feb. 6 -- Reserve Bank of India issued the following press release: Good morning. I welcome you all to the first policy of 2026. We are only in the second month of the new year and have already witnessed momentous actions on the geopolitical and trade-tariff fronts. 2. Amidst heightened geo-political tensions and elevated uncertainty, the Indian economy is in a good spot with strong growth and low inflation. Inflation remains below the tolerance band and its outlook continues to...
MUMBAI, India, Feb. 6 -- Reserve Bank of India issued the following press release: This Statement sets out various developmental and regulatory policy measures relating to (i) Regulations; (ii) Payments System; (iii) Financial Inclusion; (iv) Financial Markets; and (v) Capacity Building. I. Regulations 1. Advertising, Marketing and Sales of Financial Products and Services by Regulated Entities (REs) Mis-selling financial products and services by any RE has significant consequences for both c...
MUMBAI, India, Feb. 6 -- Reserve Bank of India issued the following press release: In the underwriting auction conducted on February 06, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitiv...
MUMBAI, India, Feb. 6 -- Reserve Bank of India issued the following press release: 6.68% GS 2040 6.90% GS 2065 I. Notified Amount ₹16,000 crore ₹13,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 95.67/7.1658% 92.53/7.4917% III. Amount accepted in the auction ₹16,000 crore ₹13,000 crore IV. Devolvement on Primary Dealers NIL NIL Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/2057 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Feb. 6 -- Reserve Bank of India issued the following press release: (Amount in ₹ Crore) Auction Results 6.68% GS 2040 6.90% GS 2065 I. Notified Amount 16,000 13,000 II. Competitive Bids Received (i) Number 264 156 (ii) Amount 40,282.000 24,335.000 III. Cut-off price / Yield 95.67 92.53 (YTM: 7.1658%) (YTM: 7.4917%) IV. Competitive Bids Accepted (i) Number 118 113 (ii) Amount 15,976.010 12,975.876 V. Partial Allotment Percentage of Competitive Bids 70.7941% 87.9380% (17 ...
NEW DELHI, Feb. 6 -- The Government of India issued the following FEMA circular: RBI/2025-26/205 A.P. (DIR Series) Circular No. 21 February 06, 2026 To All Authorised Dealer Category-I banks Madam / Sir, Voluntary Retention Route - Imparting predictability and increasing ease of doing business Please refer to Paragraph 15 of the Statement on Developmental and Regulatory Policies announced as a part of the Bi-monthly Monetary Policy Statement for 2025-26 dated February 06, 2026, on the Vo...
MUMBAI, India, Feb. 6 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-XI-Issue date February 09, 2021) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the due date of premature redemption of the above tranche shall be on February 09, 2026. 2. F...
MUMBAI, India, Feb. 6 -- 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, Deposit Insurance and Credit Guarantee Corporation (DICGC), with approval of Reserve Bank of India (RBI), has today advised the insured banks on implementation of Risk Based Premium (RBP) framework. The framework aims to incentivise sound risk management by banks and reduce premium to be paid by...
MUMBAI, India, Feb. 6 -- Reserve Bank of India issued the following press release: The names of the following six Regional Rural Banks (RRBs) have been altered in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DoR.LIC.No.S7704/16.13.300/2025-26 dated January 12, 2026 and published in the Gazette of India (Part III - Section 4) dated February 03, 2026. The old and new names are as follows: Sl. No. Old Name of the RRB New Name of the RRB 1. Assam Gramin Vikash Bank ...
MUMBAI, India, Feb. 6 -- Reserve Bank of India issued the following press release: The names of the following three Regional Rural Banks (RRBs) have been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DoR.LIC.No.S7702/16.13.300/2025-26 dated January 12, 2026 and published in the Gazette of India (Part III - Section 4) dated February 03, 2026: Sl. No. Name of the RRB 1 Bihar Gramin Bank 2 Jammu and Kashmir Grameen Bank 3 West Bengal Gramin Bank 2. Fur...