RESERVE BANK OF INDIA (LOCAL AREA BANKS - CLASSIFICATION, VALUATION, AND OPERATION OF INVESTMENT PORTFOLIO) SECOND AMENDMENT DIRECTIONS, 2026

MUMBAI, India, Sept. 22 -- Reserve Bank of India issued the following notification: RBI/2026-27/265 DOR.MRG.REC.No.229/00-00-001/2026-27 September 22, 2026 Reserve Bank of India (Local Area Banks - Classification, Valuation, and Operation of Investment Portfolio) Second Amendment Directions, 2026 Please refer to Chapter - IX of Reserve Bank of India (Local Area Banks - Classification, Valuation, and Operation of Investment Portfolio) Directions, 2025, dated November 28, 2025, on fair valuat...


RESERVE BANK OF INDIA (COMMERCIAL BANKS - CLASSIFICATION, VALUATION, AND OPERATION OF INVESTMENT PORTFOLIO) THIRD AMENDMENT DIRECTIONS, 2026

MUMBAI, India, Sept. 22 -- Reserve Bank of India issued the following notification: RBI/2026-27/264 DOR.MRG.REC.No.228/00-00-001/2026-27 September 22, 2026 Reserve Bank of India (Commercial Banks - Classification, Valuation, and Operation of Investment Portfolio) Third Amendment Directions, 2026 Please refer to Chapter - IX of Reserve Bank of India (Commercial Banks - Classification, Valuation, and Operation of Investment Portfolio) Directions, 2025, dated November 28, 2025, on fair valuati...


NOVATION OF OTC DERIVATIVE CONTRACTS

MUMBAI, India, Sept. 22 -- Reserve Bank of India issued the following notification: RBI/2026-27/263 FMRD.DIRD.No.04/14.03.066/2026-27 September 22, 2026 To All Eligible Market Participants Madam / Sir, Novation of OTC Derivative Contracts Please refer to the draft Reserve Bank of India (Novation of OTC Derivative Contracts) Directions, 2025, issued vide press release dated July 09, 2025. 2. Based on the feedback received, the instructions related to the OTC derivative contracts have bee...


RBI TO CONDUCT OVERNIGHT VARIABLE RATE REVERSE REPO (VRRR) AUCTION UNDER LAF ON SEPTEMBER 23, 2026

MUMBAI, India, Sept. 22 -- 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 Wednesday, September 23, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 09:30 AM to 10:00 AM September 24, 2026 (Thursday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press R...


SUPERVISORY DATA QUALITY INDEX FOR SCHEDULED COMMERCIAL BANKS (JUNE 2026)

MUMBAI, India, Sept. 22 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has released the Supervisory Data Quality Index (sDQI) for SCBs for June 2026. It measures data quality in terms of the Accuracy, Timeliness, Completeness and Consistency in the submission of returns and microdata for supervisory assessments. The objective of sDQI is to assess the adherence to the principles enunciated in the Reserve Bank of India (Commercial Banks - Supervisory ...


STATE GOVERNMENT SECURITIES - FULL AUCTION RESULT

MUMBAI, India, Sept. 22 -- Reserve Bank of India issued the following press release: The result of the auction of State Government Securities held on September 22, 2026, is as under: (Amount in ₹ Crore) ANDHRA PRADESH SGS 2039 ANDHRA PRADESH SGS 2051 GOA SGS 2041 GUJARAT SGS 2036 Notified Amount 1000 1600 150 1000 Tenor Re-issue of 7.56% ANDHRA SGS 2039 issued on 01-JUL-2026 Re-issue of 7.68% ANDHRA SGS 2051 issued on 29-JUL-2026 15 -Years Re-issue of 7.47% GUJARAT SGS 2036 issued on 27...


RESULT OF YIELD/PRICE BASED AUCTION OF STATE GOVERNMENT SECURITIES

MUMBAI, India, Sept. 22 -- Reserve Bank of India issued the following press release: Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/Yield (%) Tenor (Year) 1. Andhra Pradesh 1000 1000 97.44/7.8793 Re-issue of 7.56% Andhra Pradesh SGS 2039, issued on July 01, 2026 1600 1600 97.74/7.8874 Re-issue of 7.68% Andhra Pradesh SGS 2051, issued on July 29, 2026 2. Goa 150 150 7.88 15 3. Gujarat 1000 1000 98.25/7.7244 Re-issue of 7.47% Gujara...


RESULT OF THE OVERNIGHT VARIABLE RATE REVERSE REPO (VRRR) AUCTION HELD ON SEPTEMBER 22, 2026

MUMBAI, India, Sept. 22 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 71,971 Amount accepted (in ₹ crore) 71,971 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1164 Disclaimer: Curated by HT Syndication....


MONEY MARKET OPERATIONS AS ON SEPTEMBER 21, 2026

MUMBAI, India, Sept. 22 -- 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) 7,39,558.55 5.12 2.00-5.50 I. Call Money 16,390.64 5.24 4.50-5.35 II. Triparty Repo 5,30,421.95 5.16 4.97-5.35 III. Market Repo 1,85,989.96 5.02 2.00-5.32 IV. Repo in Corporate Bond 6,756.00 5.22 5.00-5.50 B. Term Segment I. Notice Money** 401.50 5.1...


FOREIGN EXCHANGE MANAGEMENT (EXPORT AND IMPORT OF GOODS AND SERVICES) (AMENDMENT) REGULATIONS, 2026

MUMBAI, India, Sept. 22 -- Reserve Bank of India issued the following notification: RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE Mumbai 400 001 Notification No. FEMA 23(R)/(1)/2026-RB September 22, 2026 Foreign Exchange Management (Export and Import of Goods and Services) (Amendment) Regulations, 2026 In exercise of the powers conferred by Section 7, Section 8, sub-section (6) of Section 10 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999...