MUMBAI, India, June 5 -- 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) 6,93,854.90 5.06 1.00-5.45 I. Call Money 18,288.69 5.27 4.60-5.40 II. Triparty Repo 4,76,270.75 5.04 4.86-5.14 III. Market Repo 1,92,915.96 5.07 1.00-5.25 IV. Repo in Corporate Bond 6,379.50 5.25 5.21-5.45 B. Term Segment I. Notice Money** 96.00 5.18 4...
NEW DELHI, June 5 -- The Government of India issued the following FEMA circular: RBI/2026-27/98 A.P. (DIR Series) Circular No. 12 June 05, 2026 All Category - I Authorised Dealer Banks Madam/Sir, Submission of statement/return on Centralized Information Management System (CIMS) Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the A.P. (DIR Series) Circular No.69 dated May 12, 2016, in terms of which AD Category - I banks were required to submit a consolida...
NEW DELHI, June 5 -- The Government of India issued the following FEMA circular: RBI/2026-27/97 A.P. (DIR Series) Circular No. 11 June 05, 2026 To, All Authorised Persons Madam/Sir, Dear Sir, Investments by Foreign Portfolio Investors in Government Securities - Amendments to the regulatory framework Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Debt Instruments) Regulations, 2019 notified vide Notification No. FEMA. 396/20...
MUMBAI, India, June 5 -- Reserve Bank of India issued the following press release: The Central Government has re-appointed Shri Swaminathan Janakiraman as Deputy Governor, Reserve Bank of India for a period of two years with effect from June 26, 2026, or until further orders, whichever is earlier. (Brij Raj) Chief General Manager Press Release: 2026-2027/402 Disclaimer: Curated by HT Syndication....
MUMBAI, India, June 5 -- 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-III - Issue date June 08, 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 June 08, 2026. 2. Further, t...
MUMBAI, India, June 5 -- 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, June 08, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 4 9:30 AM to 10:00 AM June 12, 2026 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022/157...
MUMBAI, India, June 5 -- Reserve Bank of India issued the following press release: In order to provide greater flexibility to banks for pricing their Rupee bulk deposits, while ensuring uniformity in disclosure of interest rates on deposits, the Reserve Bank of India has today released the following draft Amendment Directions: * Reserve Bank of India (Commercial Banks - Interest Rate on Deposits) Amendment Directions, 2026. * Reserve Bank of India (Small Finance Banks - Interest Rate on D...
MUMBAI, India, June 5 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 5, 2026, imposed a monetary penalty of ₹41.80 lakh (Rupees Forty one lakh eighty thousand only) on Canara Bank (the bank) for non-compliance with certain provisions of directions issued by RBI on 'Know Your Customer (KYC)' and 'Unclaimed Deposits / Inoperative Accounts in banks'. This penalty has been imposed in exercise of powers conferred on RBI ...
MUMBAI, India, June 5 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 27, 2026, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on Puran Associates Private Limited (the company) for non-compliance with certain provisions of the RBI directions on 'Asset Classification'. 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, June 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 June 07, 2026 to December 06, 2026 shall be 6.64 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. June 07, 2026) of 182 Day T-Bills, plus a fixed spread ...