MUMBAI, India, June 1 -- Reserve Bank of India issued the following press release:
A summary of the performance under the Citizen's Charter of the Reserve Bank of India during the month of May 2026 is given below -
Description No. of Applications A Applications pending at the beginning of the month 2,473 B Applications received during the month 16,865 C Referred back to applicants for additional information 575 Total (A+B-C) 18,763 D Applications processed during the month
- Within timeline
- Beyond timeline 16,209
16,193(99.9%)
16(0.1%) E Applications pending at the end of the month
- Within timeline
- Beyond timeline 2,554
2,539 (99.4%)
15*(0.6%) * Awaiting inputs from external agencies (14), Under Process (1)
Function-wise Status of Applications Received / Processed / Pending Function No. of Applications Total Processed Pending Within timeline Beyond timeline Within timeline Beyond timeline Banker to Banks and Governments 7,602 7,602 - - - Currency Management 6,964 6,261 - 703 - Debt Management 744 594 - 150 - Financial Markets 12 9 - 3 - FinTech - - - - - Foreign Exchange Management 2,201 1,158 7 1,021 15 Payment and Settlement Systems 40 22 3 15 - Regulation and Supervision 1,200 547 6 647 - Total 18,763 16,193 16 2,539 15
The Reserve Bank of India regularly reviews the services covered under its Citizen's Charter and based on the recent review - (i) two services have been included, and (ii) one service related to Issuance of Fresh Money Changers license has been discontinued. Accordingly, the number of services under the Charter now stands at 199.
(Brij Raj) Chief General Manager
Press Release: 2026-2027/367
Disclaimer: Curated by HT Syndication.
