MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following notification: RBI/2025-26/88 A.P. (DIR Series) Circular No. 11 October 01, 2025 All Authorised Dealer Category-I Banks Madam / Sir, Merchanting Trade Transactions (MTT) - Review of time period for outlay of foreign exchange Attention of Authorised Dealer Category - I banks (AD banks) is invited to Para 2 (vi) of A.P. (DIR Series) Circular No.20 dated January 23, 2020 wherein it has been indicated that 'The entire MTT sha...
MUMBAI, India, Oct. 1 -- 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) 6,05,987.13 5.49 0.05-6.15 I. Call Money 9,754.15 5.69 4.75-5.85 II. Triparty Repo 3,99,634.65 5.47 5.00-5.75 III. Market Repo 1,92,062.78 5.50 0.05-6.15 IV. Repo in Corporate Bond 4,535.55 5.73 5.60-5.90 B. Term Segment I. Notice Money** 2,169.40 5.56...
MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following press release: Monetary Policy Decisions The Monetary Policy Committee (MPC) held its 57th meeting from September 29 to October 1, 2025, under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. The MPC members Dr. Nagesh Kumar, Shri Saugata Bhattacharya, Prof. Ram Singh, Dr. Poonam Gupta and Shri Indranil Bhattacharyya attended the meeting. 2. After a detailed assessment of the evolving macroeconomic ...
MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following press release: Namaskar. Greetings on the last day of Navaratri, and my best wishes for a Happy Dussehra and Gandhi Jayanti tomorrow. 2. Since the August policy meeting, significant developments on the domestic front amidst a fast-changing global economic landscape have altered the narrative on growth-inflation dynamics in India. Buoyed by a good monsoon, the Indian economy continues to exhibit strength by registering a higher...
MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following press release: This Statement sets out various developmental and regulatory policy measures relating to (i) Regulations; (ii) Foreign Exchange Management; (iii) Consumer Protection and (iv) Financial Markets. I. Regulations 1. Expected Credit Loss (ECL) framework for provisioning With a view to strengthen the resilience of the banking sector, it is proposed to issue the draft Reserve Bank (Asset Classification, Provisioning ...
MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (issue) of Government Security, as detailed below, through auctions to be held on October 03, 2025 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (...
MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following press release: Tenor 2-day Notified Amount (in ₹ crore) 1,00,000 Total amount of bids received (in ₹ crore) 7,370 Amount allotted (in ₹ crore) 7,370 Cut off Rate (%) 5.51 Weighted Average Rate (%) 5.51 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1220 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Oct. 1 -- 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 1, 2025, the Reserve Bank of India (RBI) has today issued the following draft Directions/ Circulars for public comments: 1. Reserve Bank of India (Transaction Accounts) Directions, 2025 * Reserve Bank of India (Commercial Banks - Transaction Accounts) Directions, 2025 * Reserve Bank of India (Small...
MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following press release: Analysis of the performance under the Citizen's Charter during the month of September 2025 has been carried out and the summary thereof is given below - Description No. of Applications A Applications pending at the beginning of the month 3,124 B Applications received during the month 23,548 C Referred back to applicants for additional information 346 D Total (A+B-C) 26,326 E Applications processed during the mon...
MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The status of withdrawal of ₹2000 banknotes is periodically published by the RBI. The last press release in this regard was published on September 01, 2025. 2. The facility for deposit and / or exchange of the ₹2000 banknotes was avai...