MUMBAI, India, March 27 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo...
MUMBAI, India, March 27 -- Reserve Bank of India issued the following press release: Reserve Bank of India, in consultation with the Government of India, has decided that the limit for Ways and Means Advances (WMA) for the first half of the financial year 2026-27 (April to September 2026) will be ₹2,50,000 crore. Reserve Bank of India may trigger fresh floatation of market loans when the Government of India utilises 75 per cent of the WMA limit. Reserve Bank of India, in consultation wi...
MUMBAI, India, March 27 -- Reserve Bank of India issued the following press release: (For the Quarter ending June 2026) Reserve Bank of India, in consultation with the Government of India, hereby, notifies the calendar for issuance of Treasury Bills for the quarter ending June 2026 as under: Notified Amount for Auction of Treasury Bills (April - June, 2026) (₹ crore) Date of Auction Date of Issue 91 Days 182 Days 364 Days Total April 08, 2026 April 09, 2026 12,000 6,000 6,000 24,000 Ap...
MUMBAI, India, March 27 -- Reserve Bank of India issued the following press release: In order to enable institutional and retail investors to plan their investments efficiently and to provide transparency and stability to the Government Securities Market, the Reserve Bank of India, in consultation with the Government of India, hereby, releases the indicative calendar for issuance of Government dated securities, including Sovereign Green Bonds (SGrBs), for the first half of the fiscal year 2026-...
MUMBAI, India, March 27 -- Reserve Bank of India issued the following press release: Reserve Bank of India (RBI) has been periodically preparing Payments Vision since 2001. This includes providing strategic direction for structured development of the payment and settlement systems in India. The previous such document covered the period up to 2025. 2. RBI has today released 'Payments Vision 2028' for the duration up to December 2028. It has been prepared after considering inputs from various st...
MUMBAI, India, March 27 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated March 23, 2026, imposed a monetary penalty of ₹95.40 lakh (Rupees Ninety Five Lakh Forty Thousand only) on Union Bank of India (the bank) for non-compliance with certain directions issued by RBI on 'Limiting Liability of Customers in Unauthorised Electronic Banking Transactions', and 'Automation of Income Recognition, Asset Classification and Provisio...
MUMBAI, India, March 27 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated March 23, 2026, imposed a monetary penalty of ₹58.50 lakh (Rupees Fifty Eight Lakh Fifty Thousand only) on Bank of India (the bank) for non-compliance with certain provisions of the directions issued by RBI on 'Priority Sector Lending (PSL) - Targets and Classification' and 'Interest Rate on Deposits'. This penalty has been imposed in exercise of powe...
MUMBAI, India, March 27 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated March 23, 2026, imposed a monetary penalty of ₹63.60 lakh (Rupees Sixty Three Lakh Sixty Thousand only) on Central Bank of India (the bank) for non-compliance with certain provisions of directions issued by RBI on 'Know Your Customer (KYC)' and 'Financial lnclusion - Access to Banking Services - Basic Savings Bank Deposit Account (BSBDA)'. This penalt...
MUMBAI, India, March 27 -- Reserve Bank of India issued the following press release: Legal Entity Identifier (LEI) and Unique Transaction Identifier (UTI) are key data elements identified globally for reporting of OTC derivative transactions. While LEI uniquely identifies the counterparties to a transaction, UTI serves as a single unique reference number for the transaction. Over the years, the Reserve Bank has issued instructions mandating reporting of LEI for transactions in the financial m...
NEW DELHI, March 27 -- The Government of India issued the following FEMA circular: RBI/2025-26/252 A.P. (DIR Series) Circular No. 24 March 27, 2026 To, All Authorised Persons Madam/Sir, NOP-INR position of Authorised Dealers Attention of Authorised Dealers is invited to the Master Direction - Risk Management and Inter-Bank Dealings dated July 05, 2016, as amended from time to time. In terms of paragraph A (ii) (a) of Annex I of the Master Direction, the Reserve Bank may prescribe limits ...