MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/DoR/2026-27/130 DOR.RAUG.AUT.REC.No.109/24.01.041/2026-27 June 15, 2026 Reserve Bank of India (Rural Co-operative Banks - Undertaking of Financial Services) Second Amendment Directions, 2026 In exercise of the powers conferred by Section 35A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank being satisfied that it is necessary and expedient in the public interest to do so, hereby,...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/DoR/2026-27/131 DOR.RAUG.AUT.REC.No.110/24.01.041/2026-27 June 15, 2026 Reserve Bank of India (Non-Banking Financial Companies - Undertaking of Financial Services) Second Amendment Directions, 2026 In exercise of the powers conferred by Sections 45JA, Section 45K, 45L, and 45M of the Reserve Bank of India Act, 1934, Section 3 read with Section 31A and Section 6 of Factoring Regulation Act, 2011 and Sectio...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/2026-27/114 A.P. (DIR Series) Circular No. 14 June 15, 2026 To All Category - I Authorised Dealer Banks Madam / Sir Liberalisation of Foreign Portfolio Investment under Schedule III of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 Attention of Authorised Dealer (AD) Category - I banks is invited to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 (hereinafter refe...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/2026-27/115 DOR.MCS.REC.No.94/01-01-032/2026-27 June 15, 2026 Reserve Bank of India (Commercial Banks - Responsible Business Conduct) Second Amendment Directions, 2026 Certain instructions on customer appropriateness and suitability and other related matters have been issued to Commercial Banks (other than Small Finance Banks, Payments Banks, Regional Rural Banks, and Local Area Banks) under the Reserve ...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/2026-27/116 DOR.MCS.REC.No.95/01-01-033/2026-27 June 15, 2026 Reserve Bank of India (Small Finance Banks - Responsible Business Conduct) Second Amendment Directions, 2026 Certain instructions on customer appropriateness and suitability and other related matters have been issued to Small Finance Banks under the Reserve Bank of India (Small Finance Banks - Undertaking of Financial Services) Directions, 202...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/2026-27/117 DOR.MCS.REC.No.96/01-01-034/2026-27 June 15, 2026 Reserve Bank of India (Payments Banks - Responsible Business Conduct) Second Amendment Directions, 2026 Certain instructions on customer appropriateness and suitability and other related matters have been issued to Payments Banks under the Reserve Bank of India (Payments Banks - Undertaking of Financial Services) Directions, 2025. The extant i...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/2026-27/119 DOR.MCS.REC.No.98/01-01-036/2026-27 June 15, 2026 Reserve Bank of India (Regional Rural Banks - Responsible Business Conduct) Second Amendment Directions, 2026 It has been decided to issue comprehensive instructions on advertising, marketing and sale of financial products / services to all Regional Rural Banks (hereinafter referred to collectively as "RRBs" and individually as an "RRB") under...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/2026-27/118 DOR.MCS.REC.No.97/01-01-035/2026-27 June 15, 2026 Reserve Bank of India (Local Area Banks - Responsible Business Conduct) Second Amendment Directions, 2026 It has been decided to issue comprehensive instructions on advertising, marketing and sales of financial products / services to all Local Area Banks (hereinafter referred to collectively as "LABs" and individually as an "LAB") under the Re...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/DoR/2026-27/129 DOR.RAUG.AUT.REC.No.108/24.01.041/2026-27 June 15, 2026 Reserve Bank of India (Urban Co-operative Banks - Undertaking of Financial Services) Second Amendment Directions, 2026 In exercise of the powers conferred by Section 35A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank being satisfied that it is necessary and expedient in the public interest to do so, hereby,...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following press release: Preliminary data on India's balance of payments (BoP) for April 2026 are presented in the following table. Henceforth, India's BoP data for the reference month will be released by the 15th day or earlier of the second subsequent month. Major Items of India's Balance of Payments (US$ billion) Item April 2025 PR April 2026 P A. Current Account (Net) [A.1 to A.4] -4.8 4.7 A.1 Merchandise (Net) [a-b] -27.1 -27.9 a....