MUMBAI, India, July 17 -- Reserve Bank of India issued the following notification: RBI/2026-27/203 A.P. (DIR Series) Circular No.19 July 17, 2026 To, All Authorised Dealer Category-I banks Madam/Sir Special Rupee Vostro Accounts (SRVAs) Attention of authorised dealer banks is invited to the following circulars on International Trade Settlement in Indian Rupees (INR): A.P. (DIR Series) Circular No. 10 dated July 11, 2022, Circular No. 08 dated November 17, 2023, Circular No. 11 dated June...
MUMBAI, India, July 17 -- Reserve Bank of India issued the following press release: Tenor 3-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 816 Amount allotted (in ₹ crore) 816 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: 2026-2027/694 Disclaimer: Curated by HT Syndication....
MUMBAI, India, July 17 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated July 13, 2026, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on Satya MicroCapital Limited (the company) for non-compliance with certain directions issued by RBI on 'Asset Classification'. This penalty has been imposed in exercise of powers conferred on RBI under Section 58G(1)(b) read with Section 58B(5)(aa) of the Res...
MUMBAI, India, July 17 -- Reserve Bank of India issued the following press release: 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2025 2026 Variation Jul. 11 Jul. 03 Jul. 10 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 20431 40761 20078 -20682 -353 * Data are provisional; difference, if any, is due to rounding off. 2. Foreign Exchange Reserves* Item As on Jul. 10, 2026 Variation over Week End-March 2026 Year ...
MUMBAI, India, July 17 -- Reserve Bank of India issued the following press release: (Amount in ₹ Crore) Auction Results 6.03% GS 2029 6.68% GS 2033 7.24% GS 2055 I. Notified Amount 11,000 11,000 10,000 II. Competitive Bids Received (i) Number 111 200 225 (ii) Amount 25,919.000 31,294.000 25,317.250 III. Cut-off price / Yield 99.61 100.31 98.16 (YTM: 6.1988%) (YTM: 6.6203%) (YTM: 7.3941%) IV. Competitive Bids Accepted (i) Number 62 40 105 (ii) Amount 10,996.355 10,990.015 9,987.916 V...
MUMBAI, India, July 17 -- Reserve Bank of India issued the following press release: 6.03% GS 2029 6.68% GS 2033 7.24% GS 2055 I. Notified Amount ₹11,000 crore ₹11,000 crore ₹10,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 99.61/6.1988% 100.31/6.6203% 98.16/7.3941% III. Amount accepted in the auction ₹11,000 crore ₹11,000 crore ₹10,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL Ajit Prasad Deputy General Manager (Communications...
MUMBAI, India, July 17 -- Reserve Bank of India issued the following press release: Tenor 3-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 1,09,823 Amount allotted (in ₹ crore) 75,003 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) 63.00 Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/692 Disclaimer: Curated by HT Syndication....
MUMBAI, India, July 17 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Konark Urban Co-operative Bank Ltd., Ulhasnagar vide Directive No. CO.DOS.SED.No.S592/45-11-001/2024-25 dated April 23, 2024 for a period of six months up to close of business on October 23, 2024, which was last extended up to close of business on July 23, 2026 vide Directive No. DOR.MON/...
MUMBAI, India, July 17 -- Reserve Bank of India issued the following press release: In the underwriting auction conducted on July 17, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rate for underwriting commission payable to Primary Dealers as given below: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitive Un...
MUMBAI, India, July 17 -- 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 Second Variable Rate Repo (VRR) auction on Friday, July 17, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 10:45 AM to 11:15 AM July 20, 2026 (Monday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021...