MUMBAI, India, Aug. 31 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 28, 2026, imposed a monetary penalty of ₹2.03 lakh (Rupees Two Lakh and Three Thousand only) on Jai Bhawani Sahakari Bank Ltd., Pune, (the bank) for non-compliance with certain directions issued by RBI on 'Membership of Credit Information Companies (CICs) by Co-operative Banks' and 'Know Your Customer (KYC)'. This penalty has been imposed in exe...
MUMBAI, India, Aug. 31 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 25, 2026, imposed a monetary penalty of ₹20,000/- (Rupees Twenty Thousand only) on The Mumbai District Central Co-operative Bank Ltd., Maharashtra (the bank) for non-compliance with certain directions issued by RBI on Know Your Customer (KYC). This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47...
MUMBAI, India, Aug. 31 -- Reserve Bank of India issued the following press release: Data on lending and deposit rates (https://rbidocs.rbi.org.in/rdocs/content/docs/MLDRSCB31082026ENG.xlsx) of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during August 2026 are set out in Tables 1 to 9. Highlights: Lending Rates: * The weighted average lending rate (WALR) on outstanding rupee loans of SCBs stood at 8.97 per cent in July 2026 (8.96 per c...
MUMBAI, India, Aug. 31 -- Reserve Bank of India issued the following press release: The values of exports and imports of services during July 2026 are presented in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) April - 2026 37,021 (12.7) 18,417 (8.9) May - 2026 33,355 (2.8) 17,637 (5.6) June - 2026 36,371 (13.3) 18,477 (16.2) July - 2026 38,253 (13.4) 20,606 (19.1) Note: (i) Data for April-July are provisional. (ii) Figur...
MUMBAI, India, Aug. 31 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the web publication 'Quarterly Basic Statistical Return (BSR)-2 on Deposits with Scheduled Commercial BanksStatistics>Data Release>Fortnightly>Scheduled Bank's Statement of Position in India).">1 - June 20262' on its 'Database on Indian Economy' portal3 (https://data.rbi.org.in Homepage > Publications). Scheduled commercial banks (SCBs), excluding regional rural banks, report qu...
MUMBAI, India, Aug. 31 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released its web publication entitled 'Quarterly Basic Statistical Return (BSR)-1 on Credit by Scheduled Commercial Banks (SCBs)Statistics>Data Release>Fortnightly>Scheduled Bank's Statement of Position in India) and aggregate level monthly data on sectoral deployment of bank credit for June 2026, reported by select major banks, were also released on the website (Home>Statistics>Data Rele...
MUMBAI, India, Aug. 28 -- 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, August 31, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 6,00,000 15 09:30 AM to 10:00 AM September 15, 2026 (Tuesday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Relea...
MUMBAI, India, Aug. 28 -- Reserve Bank of India issued the following press release: It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No.S4110 /12-22-377 / 2026-27 dated August 28, 2026 has issued certain Directions to Ashok Sahakari Bank Ltd., Ahmednagar, ("the bank"), whereby, as from the close of business...
MUMBAI, India, Aug. 28 -- 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 9,000 September 02, 2026 (Wednesday) September 03, 2026 (Thursday) 2 182-Day 8,000 3 364-Day 7,000 Total 24,000 The sale will be subject to the terms and conditions specified in the General Notificat...
MUMBAI, India, Aug. 28 -- Reserve Bank of India issued the following press release: The Government of India has announced the buyback of its Securities through auction for an aggregate amount of ₹30,000 crore (face value). The security-wise details of the buyback are as under: S.No. Security Date of Maturity 1. 7.33% GS 2026 October 30, 2026 2. 5.74% GS 2026 November 15, 2026 3. 8.15% GS 2026 November 24, 2026 4. 8.24% GS 2027 February 15, 2027 There is no notified amount for the indiv...