MUMBAI, India, April 29 -- 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) 7,18,025.58 5.05 0.01-6.15 I. Call Money 23,211.77 5.16 4.50-5.20 II. Triparty Repo 5,13,159.65 5.05 4.96-5.09 III. Market Repo 1,75,535.41 5.02 0.01-5.50 IV. Repo in Corporate Bond 6,118.75 5.20 5.15-6.15 B. Term Segment I. Notice Money** 395.25 5.0...
MUMBAI, India, April 29 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series-VI-Issue date October 30, 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 April 30, 2026. ...
MUMBAI, India, April 29 -- Reserve Bank of India issued the following press release: The rate of interest on Government of India Floating Rate Bond 2034 (FRB 2034) applicable for the half year April 30, 2026 to October 29, 2026 shall be 6.45 per cent per annum. It may be recalled that FRB 2034 carries a coupon, which has a base rate equivalent to the average of the Weighted Average Yield (WAY) of last three auctions (from the rate fixing day i.e., April 30, 2026) of 182 Day T-Bills, plus a fix...
MUMBAI, India, April 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India had, on January 27, 2026, issued the Draft Directions on Relief Measures in areas affected by Natural Calamities for stakeholder feedback. 2. Feedback received on the draft Directions has been examined and consequent modifications, as deemed appropriate, have been suitably incorporated in the final Directions. A statement on the feedback received on the draft Directions is provided in...
MUMBAI, India, April 29 -- Reserve Bank of India issued the following press release: The Reserve Bank, vide Press Release dated February 10, 2026, had issued the draft 'Reserve Bank of India (Non-Banking Financial Companies - Registration, Exemptions and Framework for Scale Based Regulation) Amendment Directions, 2026' seeking comments/ feedback from the stakeholders till March 04, 2026. These draft amendment Directions proposed (a) exemption from registration to 'NBFCs not availing public fund...
MUMBAI, India, April 29 -- Reserve Bank of India issued the following press release: The Reserve Bank had, on February 10, 2026, issued draft Amendment Directions proposing review of lending norms for UCBs, seeking feedback from stakeholders. The draft Amendment Directions proposed, inter alia, to rationalise the definition of unsecured advances, enhance single and aggregate unsecured advances limits, enhance the lending limit to nominal members for purchase of consumer durables, and allow cert...
MUMBAI, India, April 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has been regularly conducting Rural Consumer Confidence Survey (RCCS). The May 2026 round of the survey is being launched. The survey collects current perceptions and one year ahead expectations of households on general economic situation, employment scenario, overall price situation, own income and spending from the households residing in the rural and semi-urban areas across 31 state...
MUMBAI, India, April 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has been regularly conducting Urban Consumer Confidence Survey (UCCS). The May 2026 round of the survey is being launched. The survey seeks qualitative responses from households, regarding their sentiments on general economic situation, employment scenario, price level, households' income and spending. The survey is conducted regularly in 19 cities, viz., Ahmedabad, Bengaluru, Bhopal, ...
MUMBAI, India, April 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has been regularly conducting Inflation Expectations Survey of Households (IESH). The May 2026 round of the survey is being launched. The survey aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities, viz., Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipu...
MUMBAI, India, April 29 -- Reserve Bank of India issued the following press release: With a view to encourage original writing in Hindi on the subjects of Economics/ Finance/Banking and general interest, Reserve Bank of India conducts an Inter-bank Hindi Essay Competition every year. All Officers and Staff Members (Except Rajbhasha Officers and Translators) of Reserve Bank of India and Public Sector Banks and Regional Rural Banks (RRBs) sponsored by them, can participate in this competition. Fo...