MUMBAI, India, June 8 -- Reserve Bank of India issued the following notification: RBI/2026-27/99 FMOD.MAOG.No.S-56/01.06.016/2026-27 June 8, 2026 All Authorised Dealer Category-I Banks Madam / Sir, Swap Facility for FCNR (B) Deposits Please refer to the Governor's Statement dated June 5, 2026. 2. It has been decided to introduce a US Dollar-Rupee Forex Swap Facility for fresh FCNR (B) deposits, mobilised for a minimum tenor of three years and maximum tenor of five years. 3. The salient ...
MUMBAI, India, June 8 -- Reserve Bank of India issued the following notification: RBI/2026-27/106 DOR.RET.REC.88/12.01.001/2026-27 June 08, 2026 Reserve Bank of India (Regional Rural Banks - Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026 Please refer to the Governor's Statement dated June 5, 2026, wherein it has been decided to introduce a US Dollar-Rupee swap facility for fresh Foreign Currency Non-Resident (Bank) [FCNR (B)] dollar funds, mobilised for ...
MUMBAI, India, June 8 -- 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 March 30, 2026 - April 02, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of Forwards Spot Forward Cancellation of Forwards Spot Swap Forward Spot Swap Forward Purchases 30-03-2026 10,407 ...
MUMBAI, India, June 8 -- 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) 26,317.71 5.09 4.25-5.50 I. Call Money 1,050.05 4.88 4.70-5.20 II. Triparty Repo 20,194.05 5.05 4.75-5.30 III. Market Repo 5,073.61 5.32 4.25-5.50 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - ...
MUMBAI, India, June 8 -- Reserve Bank of India issued the following press release: Tenor 4-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 23,680 Amount allotted (in ₹ crore) 23,680 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: 2026-2027/404 Disclaimer: Curated by HT Syndication....
MUMBAI, India, June 8 -- 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) 15,874.22 5.14 4.25-5.55 I. Call Money 904.25 4.91 4.70-5.30 II. Triparty Repo 7,154.40 4.99 4.25-5.45 III. Market Repo 146.07 4.50 4.50-4.50 IV. Repo in Corporate Bond 7,669.50 5.33 5.26-5.55 B. Term Segment I. Notice Money** 17,796.98 5.31 4.60-5.40 ...
MUMBAI, India, June 8 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 3, 2026, imposed a monetary penalty of ₹3 lakh (Rupees Three Lakh only) on The Karnal Central Cooperative Bank Limited, Haryana (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 Se...
MUMBAI, India, June 8 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated June 4, 2026, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Amravati Merchants Sahakari Bank Ltd., Amravati, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on 'Loans and Advances to Directors, their Relatives, and Firms / Concerns in which they are Interested'. This penalty has been imposed ...
MUMBAI, India, June 8 -- Reserve Bank of India issued the following press release: Government of India (GoI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹32,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.36% GS 2031 Feb 16, 2031 21,000 F.No.4(1)-B(W&M)/2026 dated June 08, 2026 June 12, 2026 (Friday) June 15, 2026 (Monday) 2 7.71...
MUMBAI, India, June 8 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank of India released the balance of payments (BoP) data for the fourth quarter (Q4), i.e., January-March of 2025-26, and for April-March 2025-26 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during 2025-26 are detailed below in Table 1. Table 1: Sources of Variation in Foreign Exchange Reserves* (US$ billion) Items 2024-25 ...