MUMBAI, India, June 19 -- 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) 6,66,232.85 5.09 4.00-5.50 I. Call Money 18,500.97 5.33 4.00-5.45 II. Triparty Repo 4,87,821.15 5.04 4.53-5.25 III. Market Repo 1,53,230.78 5.18 4.05-5.50 IV. Repo in Corporate Bond 6,679.95 5.36 5.30-5.45 B. Term Segment I. Notice Money** 713.10 5.73...
NEW DELHI, June 19 -- The Government of India issued the following FEMA circular: RBI/2026-27/144 A.P. (DIR Series) Circular No. 15 June 19, 2026 To All Authorised Dealer Category-I Banks Madam / Sir Reporting of FCNR (B) Deposits, ECB and OFCB mobilized under Reserve Bank's Swap Facility Attention of Authorised Dealer (AD) Category-I banks is invited to circulars FMOD.MAOG.No.S-56/01.06.016/2026-27 dated June 8, 2026, on 'Swap Facility for FCNR (B) Deposits' and FMOD.MAOG.No.S-57/01.0...
MUMBAI, India, June 19 -- 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 Repo (VRR) auction on Monday, June 22, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,25,000 1 9:30 AM to 10:00 AM June 23, 2026 (Tuesday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022/...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: The Reserve Bank of India had, on February 12, 2026, issued the Draft Directions on Revised Kisan Credit Card (KCC) Scheme for public / stakeholder feedback. 2. Feedback received on the draft Directions has been examined and consequent modifications, as deemed appropriate, have been suitably incorporated in the final Directions. A statement on the feedback received on the draft Directions is provided in the Ann...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: The Reserve Bank of India had on February 13, 2026, issued the draft Circular on the revised guidelines of the Lead Bank Scheme, seeking feedback from the public. 2. Feedback received on the draft circular has been examined and necessary modifications have been suitably incorporated in the final guidelines. A statement on the key items of feedback received on the draft circular and action taken is provided in t...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 18, 2026, imposed a monetary penalty of ₹6.20 lakh (Rupees Six Lakh Twenty Thousand only) on Five Star Business Finance Limited (the company) for non-compliance with certain provisions of 'Reserve Bank of India (Know Your Customer (KYC)) Directions' and the directions issued by RBI on 'Fair Practice Code'. This penalty has been imposed in exercise...
MUMBAI, India, June 19 -- 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 (₹ crore) Auction Date Settlement Date 1 91-Day 12,000 June 24, 2026 (Wednesday) June 25, 2026 (Thursday) 2 182-Day 6,000 3 364-Day 6,000 Total 24,000 The sale will be subject to the terms and conditions specified in the General Notification F.No....
MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 18, 2026, imposed a monetary penalty of ₹2.70 lakh (Rupees Two Lakh Seventy Thousand only) on Can Fin Homes Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on 'Fair Practices Code'. This penalty has been imposed in exercise of the powers conferred on RBI under Section 52A of the National Housing Ban...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 18, 2026, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on Pahal Financial Services Private Limited (the company) for non-compliance with certain provisions of the 'Reserve Bank of India (Know Your Customer (KYC)) Directions' issued by RBI. This penalty has been imposed in exercise of powers conferred on RBI under ...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: [Under Section 45ZL of the Reserve Bank of India Act, 1934] The sixty first meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during June 3 to 5, 2026. 2. The meeting was chaired by Shri Sanjay Malhotra, Governor and was attended by all the members - Dr. Nagesh Kumar, Director and Chief Executive, Institute for Studies in Industrial ...