MUMBAI, India, June 30 -- 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 Wednesday, July 01, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,25,000 2 09:30 AM to 10:00 AM July 03, 2026 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2...
MUMBAI, India, June 30 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series-IV-Issue date January 01, 2019) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the next due date of premature redemption of the above tranche shall be on July 01, 2026. 2....
MUMBAI, India, June 30 -- Reserve Bank of India issued the following press release: The Reserve Bank today released data on India's invisibles as per the IMF's Balance of Payments and International Investment Position Manual (BPM6) format for January-March of 2025-26. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/578 Disclaimer: Curated by HT Syndication....
MUMBAI, India, June 30 -- Reserve Bank of India issued the following press release: The values of exports and imports of services during May 2026 are presented in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) January - 2026 38,159 (9.8) 16,632 (-0.5) February - 2026 34,703 (9.7) 16,866 (16.2) March - 2026 38,203 (7.2) 17,211 (-1.6) April - 2026 37,021 (12.7) 18,417 (8.9) May - 2026 33,355 (2.8) 17,637 (5.6) Note: (i) Da...
MUMBAI, India, June 30 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has launched the 2025-26 round of its Survey on International Trade in Banking Services (ITBS). The survey, conducted annually since 2006-07, provides information on financial services rendered by branches/subsidiaries/joint ventures of Indian banks operating abroad and branches/subsidiaries of foreign banks operating in India, based on explicit / implicit fees / commission charged to ...
MUMBAI, India, June 30 -- Reserve Bank of India issued the following press release: Data on sectoral deployment of bank credit for the month of May 2026, collected from 41 select scheduled commercial banks (SCBs) which together account for about 95 per cent of the total non-food credit by all SCBs1, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 grew by 17.4 per cent as on the fortnight ended May 31, 2026, compared to 8.8 per cent during the correspo...
MUMBAI, India, June 30 -- Reserve Bank of India issued the following press release: The Reserve Bank, vide press release dated September 23, 2025 on Voluntary surrender of Certificate of Registration (CoR) by NBFCs (including HFCs) for Cancellation, had announced about the availability of the application form and indicative checklist for voluntary surrender of CoR on the PRAVAAH portal. 2. Following the issuance of Reserve Bank of India (Non-Banking Financial Companies - Registration, Exemptio...
MUMBAI, India, June 30 -- Reserve Bank of India issued the following press release: The result of the auction of State Government Securities held on June 30, 2026, is as under: (Amount in ₹ Crore) ANDHRA PRADESH SGS 2039 ANDHRA PRADESH SGS 2051 ASSAM SGS 2046 PUNJAB SGS 2030 Notified Amount 1000 1600 1000 1000 Tenor 13-Years Re-issue of 8.07% ANDHRA SGS 2051 issued on 08-APR-2026 Re-issue of 7.62% ASSAM SGS 2046 issued on 21-JAN-2026 4-Years Competitive Bids Received (i) No. 92 51 1...
MUMBAI, India, June 30 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the June 2026 edition of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on the resilience of the Indian financial system and risks to financial stability. Highlights: * Despite repeated shocks, the global financial system has thus far demonstrated notable resilience,...
MUMBAI, India, June 30 -- Reserve Bank of India issued the following press release: Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during June 2026 are set out in Tables 1 to 9. Highlights: Lending Rates: * The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.51 per cent in May 2026 (8.50 per cent in April 2026). * The WALR on outstanding rupee loans of SCBs declined mar...