MUMBAI, India, Jan. 13 -- Reserve Bank of India issued the following notification: RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA 23(R)/2026-RB January 13, 2026 Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 In exercise of the powers conferred by Section 7, Section 8, sub-section (6) of Section 10 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) an...
MUMBAI, India, Jan. 13 -- Reserve Bank of India issued the following notification: RBI/2025-26/193 FIDD.CO.FSD.BC.No.10/05.02.001/2025-26 January 13, 2026 The Chairman/Managing Director/Chief Executive Officer All Public Sector Banks, Private Sector Banks and Small Finance Banks Madam/Dear Sir, Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial year 2025-26 Please refer to our circul...
MUMBAI, India, Jan. 13 -- Reserve Bank of India issued the following speech: Distinguished guests and my colleagues, Namaste and a very good afternoon! It is a privilege to address this illustrious gathering at College of Supervisors' Third Annual Global Conference convened around the theme of 'Adapting the Regulation and Supervision to the Digital Age'. 2. Digitalisation has brought significant benefits such as efficiency and productivity gains, improved transparency, enhanced competition and...
MUMBAI, India, Jan. 13 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Wednesday, January 14, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 2 9:30 AM to 10:00 AM January 16, 2026 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release ...
MUMBAI, India, Jan. 13 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated April 13, 2020 (SGB 2020-21 Series-IV-Issue date July 14, 2020) 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 January 14, 2026. 2. Further...
MUMBAI, India, Jan. 13 -- Reserve Bank of India issued the following press release: As announced in the Governor's Statement on October 01, 2025, the Reserve Bank has today published a discussion paper on licensing of UCBs. 2. Comments are invited from public / stakeholders till February 13, 2026. Comments may be submitted through the link under the 'Connect 2 Regulate' Section available on the Reserve Bank's website. Alternatively, comments/feedback may also be forwarded to: The Chief Genera...
MUMBAI, India, Jan. 13 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has released today the Draft Amendment Directions on 'Clarification on Owned Fund / Tier 1 Capital computation for NBFCs / ARCs and applicability to "Credit / Investment Concentration" Norms' which amend the Master Directions listed below: * Reserve Bank of India (Non-Banking Financial Companies - Prudential Norms on Capital Adequacy) Directions, 2025 vide Reserve Bank of India...
MUMBAI, India, Jan. 13 -- Reserve Bank of India issued the following press release: The result of the auction of State Government Securities held on January 13, 2026, is as under: (Amount in ₹ Crore) ASSAM SGS 2038 BIHAR SGS 2044 BIHAR SGS 2051 CHHATTISGARH SGS 2036 Notified Amount 1000 1500 1500 1000 Tenor 12-Years 18-Years 25-Years 10-Years Competitive Bids Received (i) No. 88 77 24 65 (ii) Amount 4216.50 4136 4785 5715 Cut-off Yield (%) 7.65 7.65 7.65 7.54 Cut off Price (₹)...
MUMBAI, India, Jan. 13 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank conducted a USD/INR Buy/Sell swap auction for a notified amount of USD 10 billion as announced videpress release dated December 24, 2025. I. SUMMARY RESULTS Aggregate amount notified (USD billion) 10.00 Total amount bid by participants (USD billion) 29.94 Total amount accepted (USD billion) 10.00 Cut-off premium (in paisa) 728.00 II. OTHER DETAILS USD/INR Buy/Sell Swap auction No. of ...
MUMBAI, India, Jan. 13 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ -- > Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,82,270.25 5.14 2.00-6.35 I. Call Money 16,029.49 5.32 4.30-5.40 II. Triparty Repo 4,68,466.40 5.06 4.00-5.25 III. Market Repo 1,94,101.76 5.29 2.00-6.00 IV. Repo in Corporate Bond 3,672.60 5.47 5.45-6.35 B. Term Segment I. Notice Money** 338.70 5.33...