MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 15, 2026, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The Chitradurga District Co-operative Central Bank Ltd., Chitradurga, Karnataka (the bank) for contravention of provisions of Section 20 read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by R...
MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 16, 2026, imposed a monetary penalty of ₹10,000/- (Rupees Ten Thousand only) on Navapur Mercantile Co-operative Bank Ltd., Nandurbar, Maharashtra (the bank) for contravention of provisions of Section 35(2) read with Section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers conferred on RBI under t...
MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated May 29, 2026, imposed a monetary penalty of ₹20,000/- (Rupees Twenty thousand only) on Sarvodaya Commercial Co-operative Bank Ltd., Mehsana, Gujarat (the bank), for non-compliance with certain directions issued by RBI on 'Inoperative Accounts / Unclaimed Deposits in Banks - Revised Instructions'. This penalty has been imposed in exercise of powers conf...
MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 25, 2026 - May 29, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of Forwards Spot Forward Cancellation ofForwards Spot Swap Forward Spot Swap Forward Purchases 25-05-2026 3,166 2,068...
MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 18, 2026 - May 22, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of Forwards Spot Forward Cancellation of Forwards Spot Swap Forward Spot Swap Forward Purchases 18-05-2026 5,018 1,43...
MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 11, 2026 - May 15, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of Forwards Spot Forward Cancellation of Forwards Spot Swap Forward Spot Swap Forward Purchases 11-05-2026 4,948 1,38...
MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 04, 2026 - May 08, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of Forwards Spot Forward Cancellation of Forwards Spot Swap Forward Spot Swap Forward Purchases 04-05-2026 5,764 2,02...
MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI), vide order dated June 16, 2026, has cancelled the licence of "Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak, Karnataka", under Section 22 read with Section 56 of the Banking Regulation Act, 1949 (BR Act). Consequently, the bank ceases to carry on banking business, with effect from the close of business on June 18, 2026. The Registrar of Co-operative Societies, Karnat...
MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auction to be held on June 19, 2026 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer...
MUMBAI, India, June 18 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ -- > Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,87,307.30 5.22 4.20-5.60 I. Call Money 20,840.09 5.35 4.20-5.45 II. Triparty Repo 4,86,503.90 5.19 4.79-5.32 III. Market Repo 1,73,076.36 5.27 4.50-5.60 IV. Repo in Corporate Bond 6,886.95 5.41 5.40-5.55 B. Term Segment I. Notice Money** 145.50 5.17...