MUMBAI, India, June 6 -- Reserve Bank of India issued the following notification: RBI/2025-26/44 DoR.FIN.REC.25/03.10.038/2025-26 June 06, 2025 All Non-Banking Financial Companies - Microfinance Institutions Dear Sir/ Madam, Review of Qualifying Assets Criteria Please refer to paragraph 8.1 of the Master Direction - Reserve Bank of India (Regulatory Framework for Microfinance Loans) Directions, 2022 dated March 14, 2022 which prescribes Qualifying Assets Criteria for Non-Banking Financial...
MUMBAI, India, June 6 -- Reserve Bank of India issued the following notification: RBI/2025-26/46 DoR.RET.REC.23/12.01.001/2025-26 June 06, 2025 All banks, Madam / Sir, Maintenance of Cash Reserve Ratio (CRR) Please refer to our circular DoR.RET.REC.52/12.01.001/2024-25 dated December 06, 2024 and relative notification on the captioned subject. 2. As announced in the Governor's Statement dated June 06, 2025, it has been decided to reduce the Cash Reserve Ratio (CRR) of all banks by 100 ba...
MUMBAI, India, June 6 -- Reserve Bank of India issued the following press release: 6.92% GS 2039 6.90% GS 2065 I. Notified Amount ₹16,000 crore ₹16,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 103.85/6.5043% 99.33/6.9489% III. Amount accepted in the auction ₹16,000 crore ₹16,000 crore IV. Devolvement on Primary Dealers NIL NIL Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/494 Disclaimer: Curated by HT Syndication....
MUMBAI, India, June 6 -- 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 Karwar Urban Co-operative Bank Ltd., Karwar vide Directive No. CO.DOS.SED.No.S1932/12-23-065/2024-2025 dated June 12, 2024, for a period of six months up to close of business on December 12, 2024, as modified from time to time, which were last extended up to close of business on June 12, 2...
MUMBAI, India, June 6 -- 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) - May 2025 * Rural Consumer Confidence Survey (RCCS) - May 2025 * Inflation Expectations Survey of Households (IESH) - May 2025 * Survey of Professional Forecasters on Macroeconomic Indicators - Round1 94th The Survey results are based on the feedback received from t...
MUMBAI, India, June 6 -- Reserve Bank of India issued the following press release: 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2024 2025 Variation May. 31 May. 23 May. 30 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government - 0 0 0 0 4.2 State Governments 10723 24410 27482 3072 16759 * Data are provisional; difference, if any, is due to rounding off. 2. Foreign Exchange Reserves* Item As on May 30, 2025 Variation over Week End-March 2025 Year ₹...
MUMBAI, India, June 6 -- Reserve Bank of India issued the following press release: The rate of interest on Government of India Floating Rate Bond 2031 (FRB 2031) applicable for the half year June 07, 2025 to December 06, 2025 shall be 6.63 per cent per annum. It may be recalled that FRB 2031 carries a coupon, which has a base rate equivalent to the average of the Weighted Average Yield of last three auctions (from the rate fixing day i.e. June 07, 2025) of 182 Day T-Bills, plus a fixed spread ...
MUMBAI, India, June 6 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, in exercise of the powers conferred under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949, has sanctioned the Scheme of Amalgamation of The Adinath Co-operative Bank Ltd., Surat, Gujarat with Shri Vinayak Sahakari Bank Ltd., Ahmedabad, Gujarat. The Scheme will come into force with effect from June 09, 2025 (Monday). All the branches of The Adinath...
MUMBAI, India, June 6 -- 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 (in ₹ Crore) Auction Date Settlement Date 1 91 Days 9,000 June 11, 2025 (Wednesday) June 12, 2025 (Thursday) 2 182 Days 5,000 3 364 Days 5,000 Total 19,000 The sale will be subject to the terms and conditions specified in the General Notification F.N...
MUMBAI, India, June 6 -- Reserve Bank of India issued the following press release: The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹18,330 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Andhra Pradesh 1000 08 Yield 1000 09 Yield 1000 10 Yield 2000 14 Yield 2000 15 Yield 2. Haryana 1000 14 Yield 3. Jammu and Kashmir 505 06 Yield 4. Mizoram 125 14 Yield 5. Puducherry 150 15 ...