MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following notification: RBI/2026-27/276 DOR.HOL.REC.No.236/16.13.100/2026-27 October 1, 2026 Reserve Bank of India (Small Finance Banks - Acquisition and Holding of Shares or Voting Rights) Amendment Directions, 2026 The Reserve Bank had issued the Reserve Bank of India (Small Finance Banks - Acquisition and Holding of Shares or Voting Rights) Directions, 2025 (hereinafter referred as the 'Master Direction'), on November 28, 2025, wh...
MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following notification: RBI/2026-27/275 DOR.HOL.REC.No.235/16.13.100/2026-27 October 1, 2026 Reserve Bank of India (Commercial Banks - Acquisition and Holding of Shares or Voting Rights) Amendment Directions, 2026 The Reserve Bank had issued the Reserve Bank of India (Commercial Banks - Acquisition and Holding of Shares or Voting Rights) Directions, 2025 (hereinafter referred as the 'Master Direction'), on November 28, 2025, which ma...
MUMBAI, India, Oct. 1 -- 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 ₹25,100 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Andhra Pradesh 1000 Re-issue of 7.46% Andhra Pradesh SGS 2035, issued on August 12, 2026 Price 1000 Re-issue of 7.79% Andhra Pradesh SGS 2042, issued on April 22, 2026 Price 2. Delhi 500 Re...
MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following press release: With an objective to enhancing transparency and providing greater clarity to the investors, Reserve Bank introduced the Benchmark Issuance Strategy (BIS) on a pilot basis commencing Q1: FY 2026-27 involving nine States, viz., Andhra Pradesh, Bihar, Chhattisgarh, Keralam, Madhya Pradesh, Maharashtra, Rajasthan, Telangana, and Uttar Pradesh. Subsequently, nine other States and one Union Territory (UT), namely Himac...
MUMBAI, India, Oct. 1 -- 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 Variable Rate Reverse Repo (VRRR) auction on Monday, October 05, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,00,000 1 09:30 AM to 10:00 AM October 06, 2026 (Tuesday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Release 2...
MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following press release: The rate of interest on Government of India Floating Rate Bond 2028 (FRB 2028) applicable for the half year October 04, 2026 to April 03, 2027 shall be 6.45 per cent per annum. It may be recalled that FRB 2028 carries a coupon, which has a base rate equivalent to the average of the Weighted Average Yield (WAY) of last three auctions (from the rate fixing day i.e., October 04, 2026) of 182 Day T-Bills, plus a fix...
MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following press release: The Reserve Bank, vide Press Release dated July 14, 2026, had issued the draft "Reserve Bank of India (Acquisition and Holding of Shares or Voting Rights) Amendment Directions, 2026", seeking comments / feedback from the regulated entities and members of public / other stakeholders on or before August 4, 2026. The draft Amendment Directions proposed to simplify approval process for subsequent acquisitions of majo...
MUMBAI, India, Oct. 1 -- 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 Industrial Co-operative Bank Ltd., Guwahati vide Directive No.GWH.DOS.ADM.No.S103/01-10-101/2025-2026 dated July 03, 2025 for a period of six months up to close of business on January 04, 2026, which was last extended up to close of business on October 04, 2026, vide Directive No.DOR.MON./...
MUMBAI, India, Oct. 1 -- 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 Innovative Co-operative Urban Bank Limited, New Delhi vide Directive No. DEL.DOS.EXG_SSM.No.S143/12-10-005/2025-2026 dated July 03, 2025 for a period of 06 months from close of business on July 04, 2025 up to close of business on January 04, 2026, which was last extended vide Directive No. DOR...
MUMBAI, India, Oct. 1 -- Reserve Bank of India issued the following press release: Tenor 4-day Notified Amount (in ₹ crore) 2,00,000 Total amount of offers received (in ₹ crore) 1,68,055 Amount accepted (in ₹ crore) 1,68,055 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1228 Disclaimer: Curated by HT Syndication....