MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification: RBI/2026-27/220 DCM (FNVD) No.S1335/16.01.05/2026-27 July 31, 2026 The Chairman/ Managing Director/ Chief Executive Officer All Banks Madam/ Dear Sir, Fake Indian Currency Notes (FICNs)-Detection, Reporting and Monitoring Master Direction (MD) on Counterfeit Notes - Detection, Reporting and Monitoring dated April 01, 2026, prescribes comprehensive instructions to the banks on detection, reporting, and moni...
MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification: RBI/DoS/2026-27/221 DoS.CO.PPG.66/11.01.005/2026-27 July 31, 2026 Consolidation of Supervisory Instructions - Repeal of Circulars Please refer to the press release issued on July 31, 2026 announcing the release of 64 Consolidated Directions administered by the Department of Supervision (DoS) of the Reserve Bank of India. 2. These Directions encompass all instructions issued by DoS as well as the erstwhile De...
MUMBAI, India, July 31 -- Reserve Bank of India issued the following press release: Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during July 2026 are set out in Tables 1 to 9. Highlights: Lending Rates: * The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.53 per cent in June 2026 (8.51 per cent in May 2026). * The WALR on outstanding rupee loans of SCBs declined marg...
MUMBAI, India, July 31 -- Reserve Bank of India issued the following press release: The values of exports and imports of services during June 2026 are presented in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) April - 2026 37,021 (12.7) 18,417 (8.9) May - 2026 33,355 (2.8) 17,637 (5.6) June - 2026 36,371 (13.3) 18,477 (16.2) Note: (i) Data for April-June are provisional. (ii) Figures in parentheses are growth rates over th...
MUMBAI, India, July 31 -- Reserve Bank of India issued the following press release: Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (₹ crore) Auction Date Settlement Date 1 91-Day 9,000 August 05, 2026 (Wednesday) August 06, 2026 (Thursday) 2 182-Day 8,000 3 364-Day 7,000 Total 24,000 The sale will be subject to the terms and conditions specified in the General Notification F.N...
MUMBAI, India, July 31 -- Reserve Bank of India issued the following press release: 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2025 2026 Variation Jul. 25 Jul. 17 Jul. 24 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 24026 20629 24197 3568 171 * Data are provisional; difference, if any, is due to rounding off. 2. Foreign Exchange Reserves* Item As on Jul. 24, 2026 Variation over Week End-March 2026 Year ₹...
MUMBAI, India, July 31 -- Reserve Bank of India issued the following press release: Data on sectoral deployment of bank credit for the month of June 2026, collected from 41 select scheduled commercial banks (SCBs) which together account for about 95 per cent of the total non-food credit by all SCBs1, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 grew by 18.3 per cent as on the fortnight ended June 30, 2026, compared to 9.3 per cent during the corres...
MUMBAI, India, July 31 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank of India released 28th edition of its annual publication 'Handbook of Statistics on the Indian Economy, 2025-26 (HBS)'. Through this publication, the Reserve Bank disseminates detailed time-series data on the Indian economy. The Handbook provides statistical tables on macroeconomic and financial data, including national income, prices, money, banking, markets, public finances, foreign tr...
MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification: RBI/DoS/2026-27/408 DoS.CO.PPG.2/11.01.005/2026-27 July 31, 2026 Reserve Bank of India (Commercial Banks - Compliance Function) Directions, 2026 Table of Contents Introduction Chapter I - Preliminary A. Short Title and Commencement B. Applicability C. Definitions Chapter II - Governance and Oversight A. Role of the Board B. Role of the Senior Management C. Compliance Policy Chapter III - Scope, Structure and ...
MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification: RBI/DoS/2026-27/409 DoS.CO.ARG.3/08.91.021/2026-27 July 31, 2026 Reserve Bank of India (Commercial Banks - Concurrent Audit) Directions, 2026 Table of Contents Chapter I - Preliminary A. Short Title and Commencement B. Applicability C. Definitions Chapter II - Governance and Oversight A. Role of the Board and Senior Management Chapter III - Guidelines for Concurrent Audit A. Coverage B. Appointment of Concurr...