MUMBAI, India, May 22 -- Reserve Bank of India issued the following press release: (Amount in ₹ Crore) Auction Results 6.03% GS 2029 6.68% GS 2033 7.24% GS 2055 I. Notified Amount 11,000 11,000 10,000 II. Competitive Bids Received (i) Number 129 187 175 (ii) Amount 28,275.000 30,925.813 22,788.000 III. Cut-off price / Yield 98.30 97.94 94.82 (YTM: 6.7310%) (YTM: 7.0701%) (YTM: 7.6860%) IV. Competitive Bids Accepted (i) Number 61 65 101 (ii) Amount 10,995.130 10,989.912 9,982.386 V. ...
MUMBAI, India, May 22 -- Reserve Bank of India issued the following press release: The 623rd meeting of the Central Board of Directors of Reserve Bank of India was held today in Mumbai under the Chairmanship of Shri Sanjay Malhotra, Governor. The Board reviewed the global and domestic economic scenario, including risks to the outlook. The Board deliberated on the annual accounts of the Reserve Bank for the FY 2025-26. The gross income of the Bank increased by 26.42 percent over the previous ye...
MUMBAI, India, May 22 -- Reserve Bank of India issued the following press release: 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2025 2026 Variation May 16 May 08 May 15 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 36404 23957 26314 2358 -10090 * Data are provisional; difference, if any, is due to rounding off. 2. Foreign Exchange Reserves* Item As on May 15, 2026 Variation over Week End-March 2026 Year ₹ ...
MUMBAI, India, May 22 -- 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 12,000 May 27, 2026 (Wednesday) May 29, 2026 (Friday) 2 182-Day 6,000 3 364-Day 6,000 Total 24,000 The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-B(W...
MUMBAI, India, May 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 Repo (VRR) auction on Monday, May 25, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,50,000 4 09:30 AM to 10:00 AM May 29, 2026 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022/...
MUMBAI, India, May 22 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(5)-B(W&M)/2021 dated May 12, 2021 (SGB 2021-22 Series-I-Issue date May 25, 2021) 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 due date of premature redemption of the above tranche shall be on May 25, 2026. 2. Further, the red...
MUMBAI, India, May 22 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 15, 2026, imposed a monetary penalty of ₹2.70 lakh (Rupees Two Lakh Seventy Thousand only) on Newa Investments Private Limited (the company) for non-compliance with certain provisions of directions issued by RBI on 'Governance'. This penalty has been imposed in exercise of powers conferred on RBI under section 58G(1)(b) read with section 58B(5)(aa) ...
MUMBAI, India, May 22 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the May 2026 issue of its monthly Bulletin. The Bulletin includes five speeches, one article and current statistics. The article is on the State of the Economy. State of the Economy The global economy continued to be shadowed by uncertainties in West Asia. Domestic economic activity exhibited resilience in April, with industrial and services sectors maintaining strength across ...
MUMBAI, India, May 22 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 20, 2026, imposed a monetary penalty of ₹10.10 lakh (Rupees Ten Lakh Ten Thousand only) on City Union Bank Limited (the bank) for non-compliance with certain provisions of directions issued by RBI on 'Priority Sector Loan accounts' and 'Reporting of Self Help Group (SHG) member level data to Credit Information Companies (CICs)'. This penalty has bee...
MUMBAI, India, May 22 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 15, 2026, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on Mintifi Finserve Private Limited (the company) for non-compliance with certain provisions of directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under section 58G(1)(b) read with section...