MUMBAI, India, June 10 -- 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 Loknete R.D. (Appa) Kshirsagar Sahakari Bank Ltd., Niphad, Tal. Niphad, Dist. Nashik vide Directive No. CO.DOS.SED.No. S6986/12-22-482/2025-2026 dated December 15, 2025, for a period of six months up to the close of business on June 16, 2026. 2. The Reserve Bank of India is satisfied th...
MUMBAI, India, June 10 -- Reserve Bank of India issued the following press release: Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹30,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction Source Securities Amount (FV) of Source Securities (in ₹ crore) Destination Securities June 15, 2026 (Monday) 6.79% GS 2027 (Maturing on May 15, 2027) 4,000 7.50% GS 2034 ...
MUMBAI, India, June 10 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated May 30, 2019 (SGB 2019-20 Series-I-Issue date June 11, 2019) 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 next due date of premature redemption of the above tranche shall be on June 11, 2026. 2. Further,...
MUMBAI, India, June 10 -- Reserve Bank of India issued the following press release: Reserve Bank of India has today issued the following draft Amendment Directions for public comments: * Reserve Bank of India (Commercial Banks - Governance) Second Amendment Directions, 2026 * Reserve Bank of India (Small Finance Banks - Governance) Second Amendment Directions, 2026 * Reserve Bank of India (Payments Banks - Governance) Second Amendment Directions, 2026 * Reserve Bank of India (Local ...
MUMBAI, India, June 10 -- Reserve Bank of India issued the following press release: The extant guidelines require the use of the Current Exposure Method (CEM) for the computation of Counterparty Credit Risk (CCR) exposure. In 2016, RBI issued final 'Guidelines for Computing Exposure for Counterparty Credit Risk arising from Derivative Transactions' and 'Guidelines on Capital Requirements for Bank Exposures to Central Counterparties', both based on the Standardised Approach for Counterparty Cred...
MUMBAI, India, June 10 -- Reserve Bank of India issued the following press release: The Reserve Bank had, on February 13, 2026, issued draft Amendment Directions for instructions on 'Lending to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)', seeking feedback from stakeholders. The draft Amendment Directions proposed to permit commercial banks to extend finance to REITs, subject to appropriate prudential safeguards including regulatory ceiling for exposure t...
MUMBAI, India, June 10 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Cancellation Order Date 1 Express Fincap House Private Limited Old UBI Building, 1st Floor, A T Road, Tinsukia 786125 B.08.00197 March ...
MUMBAI, India, June 10 -- Reserve Bank of India issued the following press release: The following thirteen Non-Banking Financial Companies (NBFCs) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR. i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business Sr. No....
MUMBAI, India, June 10 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Reserve Money and Money Supply for the fortnight ended May 31, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/426 Disclaimer: Curated by HT Syndication....
MUMBAI, India, June 10 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of May 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/425 Disclaimer: Curated by HT Syndication....