MUMBAI, India, Dec. 5 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released on its website the results of the following Surveys: * Urban Consumer Confidence Survey (UCCS) - November 2025 * Inflation Expectations Survey of Households (IESH) - November 2025 * Rural Consumer Confidence Survey (RCCS) - November 2025 * Survey of Professional Forecasters on Macroeconomic Indicators - Round1 97th The Survey results are based on the feedback ...
MUMBAI, India, Dec. 5 -- Reserve Bank of India issued the following press release: As announced vide the Press Release 2025-26/1635 dated December 05, 2025, the Reserve Bank will be conducting OMO purchase for an aggregate amount of ₹50,000 crore on December 11, 2025. 2. Accordingly, the Reserve Bank will purchase the following Government securities through a multi-security auction using the multiple price method: S. No. ISIN Security Date of Maturity Aggregate Amount 1 IN0020240183 6.7...
MUMBAI, India, Dec. 5 -- Reserve Bank of India issued the following press release: The rate of interest on Government of India Floating Rate Bond 2031 (FRB 2031) applicable for the half year December 07, 2025 to June 06, 2026 shall be 6.52 per cent per annum. It may be recalled that FRB 2031 carries a coupon, which has a base rate equivalent to the average of the Weighted Average Yield of last three auctions (from the rate fixing day i.e. December 07, 2025) of 182 Day T-Bills, plus a fixed spr...
MUMBAI, India, Dec. 5 -- Reserve Bank of India issued the following press release: The Reserve Bank has today granted 'in-principle' approval to Fino Payments Bank Limited (FPBL) for conversion into a Small Finance Bank (SFB). Background RBI has issued the Guidelines for 'on tap' licensing of SFBs in the private sector (the guidelines). As per the guidelines, existing Payments Banks which are controlled by residents and have completed five years of operations are eligible for conversion into ...
MUMBAI, India, Dec. 5 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated December 2, 2025, imposed a monetary penalty of ₹6.20 lakh (Rupees Six Lakh Twenty Thousand only) on Bansal Credits 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 section 58G(1)(...
MUMBAI, India, Dec. 5 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated December 02, 2025, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on Keertana Finserv Limited (formerly known as Keertana Finserv Private Limited) (the company) for non-compliance with certain directions issued by RBI on 'Governance' issues. This penalty has been imposed in exercise of powers conferred on RBI under Sectio...
MUMBAI, India, Dec. 5 -- Reserve Bank of India issued the following press release: The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹15,964 Crore (Face Value). Sr. No. State/ UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Arunachal Pradesh 375 20 Yield 2. Bihar 1500 12 Yield 3. Gujarat 1000 08 Yield 4. Haryana 1000 16 Yield 1000 17 Yield 5. Jammu and Kashmir 500 12 Yield 6. Maharashtra 1000 10 Yield 1000 2...
MUMBAI, India, Dec. 5 -- Reserve Bank of India issued the following notification: RBI/DOR/2025-26/136 DOR.RAUG.AUT.REC.No.346/24.01.041/2025-26 December 05, 2025 Reserve Bank of India (Small Finance Banks - Undertaking of Financial Services) (Amendment) Directions, 2025 Reserve Bank had earlier issued directions on Financial Services provided by Banks in 2016, since replaced by entity-wise Master Directions issued on November 28, 2025 - Reserve Bank of India (Small Finance Banks - Undertaki...
MUMBAI, India, Dec. 5 -- Reserve Bank of India issued the following notification: RBI/DOR/2025-26/135 DOR.RAUG.AUT.REC.No.342/24.01.041/2025-26 December 05, 2025 Reserve Bank of India (Commercial Banks - Undertaking of Financial Services) (Amendment) Directions, 2025 Reserve Bank had earlier issued directions on Financial Services provided by Banks in 2016, since replaced by entity-wise Master Directions issued on November 28, 2025 - Reserve Bank of India (Commercial Banks - Undertaking of ...
MUMBAI, India, Dec. 5 -- Reserve Bank of India issued the following notification: RBI/2025-26/134 DoR.RET.REC.341/12.01.001/2025-26 December 05, 2025 All banks, Madam / Sir, Penal Interest on shortfall in CRR and SLR requirements - Change in Bank Rate Please refer to our circular DoR.RET.REC.22/12.01.001/2025-26 dated June 06, 2025 on the captioned subject. 2. As announced in the Monetary Policy Statement 2025-26 dated December 05, 2025, the Bank Rate is revised downwards by 25 basis ...