MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: Good morning and Namaskar. Let me welcome you all to the first policy of 2026-27 at a time when the global economy is facing unprecedented challenges from heightened geo-political tensions, the conflict in West Asia and the disruption in global supply chains. 2. Before the outbreak of the conflict, India's macroeconomic fundamentals exuded confidence with buoyant growth and low inflation. Conditions turned adve...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: Monetary Policy Decisions The Monetary Policy Committee (MPC) held its 60th meeting from April 6 to 8, 2026, 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 and financia...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: Micro, Small and Medium Enterprises (MSMEs) play an important role in the economic fabric of the country. MSMEs face constraints in obtaining adequate finance, particularly in terms of their ability to convert their trade receivables into liquid funds. In order to address this issue the Reserve Bank of India has, over time, issued guidelines regarding setting up of Trade Receivables Discounting System (TReDS) pl...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: The matters to be placed before the Boards of Commercial Banks along with their periodicity are determined by the Board themselves, guided by the seven broad themes prescribed by the Reserve Bank of India. In addition, the Reserve Bank has also mandated certain policies and matters to be placed before the Board for approval, review, or information. In an endeavour to enable Boards to utilize their time effective...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: The Reserve Bank has constantly endeavoured to refine and strengthen its regulatory and supervisory framework with a view, inter alia, to rationalising the requirements and minimising compliance costs through periodic evaluation for their continued relevance. 2. In furtherance of this objective, Reserve Bank of India had undertaken a comprehensive consolidation exercise of the instructions administered by the D...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: Reserve Bank of India today placed on its website the following draft Amendment Directions which modify the extant instructions on Investment Fluctuation Reserve (IFR) for various categories of banks: * Reserve Bank of India (Commercial Banks - Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026; * Reserve Bank of India (Small Finance Banks - Classification, Valuati...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has released today the following Draft Amendment Directions on 'Review of guidelines on inclusion of quarterly profits to Common Equity Tier 1 (CET1) capital for computation of Capital to Risk weighted Assets Ratio (CRAR) for Banks': * Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Fourth Amendment Directions, 2026. * Reserve Bank of India (S...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released on its website the results of the following Surveys: * Urban Consumer Confidence Survey (UCCS) - March 2026 * Inflation Expectations Survey of Households (IESH) - March 2026 * Rural Consumer Confidence Survey (RCCS) - March 2026 * OBICUS Survey on manufacturing sector - Q3: 2025-26 * Industrial Outlook Survey of the Manufacturing Sector for Q4: 2025-26 * ...
MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 12,000 6,000 6,000 II. Competitive Bids Received (i) Number 152 72 78 (ii) Amount 60,631.600 19,996.400 13,410.100 III. Cut-off price / Yield 98.6943 97.3166 94.6859 (YTM: 5.3064%) (YTM: 5.5299%) (YTM: 5.6278%) IV. Competitive Bids Accepted (i) Number 26 43 41 (ii) Amount 11,956.035 5,982.935 5700.000 V. Partial Allotment P...
MUMBAI, India, April 8 -- 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. S. No. Name of the Company Registered Office Address CoR No. CoR issued on Cancellation order date 1 Chefair Impex Ltd 8, Grant Lane, Ground Floor, Kolkata, West Bengal - 700012 13.00729 April 20, 1998 March 10,...