RBI

Guidelines to Facilitate Faster Cross-Border Inward Payments

The Reserve Bank of India issued circular RBI/2026-27/08 requiring all scheduled commercial banks to expedite cross-border inward payment processing. Banks must notify customers of incoming cross-border transactions immediately upon receipt and reconcile nostro accounts at intervals not exceeding one hour. Same-day crediting to beneficiary accounts is mandated for payments received during forex market hours, with next-business-day crediting for off-hours receipts.

RBI Discussion Paper on Safeguards in Digital Payments to Curb Frauds

The Reserve Bank of India issued a Discussion Paper on Exploring safeguards in digital payments to curb frauds, seeking public comments by May 8, 2026. The paper addresses growing sophistication of fraudulent activities targeting digital payment customers amid unprecedented growth in India's digital payments sector over the past decade.

RBI Auctioning ₹12,700 Crore State Securities, Apr 13

The Reserve Bank of India has announced an auction of State Government Securities totaling ₹12,700 Crore (face value) to be conducted on April 13, 2026. State governments including Bihar, Chhattisgarh, Kerala, Madhya Pradesh, and Uttar Pradesh are offering securities with tenors ranging from 5 to 30 years. Bids can be submitted electronically through RBI's E-Kuber system.

Foreign Exchange Turnover Data Feb 16-20, 2026

Foreign Exchange Turnover Data Feb 16-20, 2026

Foreign Exchange Turnover Data: February 23-27, 2026

The Reserve Bank of India released weekly foreign exchange turnover data covering the period February 23-27, 2026. The data captures daily merchant and inter-bank forex transactions across spot, forward, and swap instruments in USD millions. Merchant transactions ranged from $5,103-7,530M (purchases) and $4,667-7,042M (sales) on FCY/INR spot markets.

RBI Issues Guidelines to Facilitate Faster Cross-Border Inward Payments

The Reserve Bank of India issued a final circular on guidelines to facilitate faster cross-border inward payments. The circular, which finalizes a draft from October 29, 2025, addresses identified frictions in inward cross-border payment processing. The guidelines aim to ensure timely intimation of payment information and prompt crediting of funds to beneficiary accounts.

RBI T-Bills Auction Results: Yields 5.30% to 5.63%

The RBI conducted a Treasury Bills auction on April 8, 2026, covering 91-day (₹12,000 crore), 182-day (₹6,000 crore), and 364-day (₹6,000 crore) tenors. Cut-off yields ranged from 5.30% (91-day) to 5.63% (364-day), with total competitive bids received of ₹94,038.10 crore across 302 bids.

RBI Releases Eight Economic Outlook Surveys

The Reserve Bank of India released results of eight Forward Looking Surveys covering Q3-Q4 2025-26, including Urban and Rural Consumer Confidence Surveys, Inflation Expectations Survey, Manufacturing Sector Surveys, Professional Forecasters Survey, Bank Lending Survey, and Services/Infrastructure Outlook Survey.

RBI Cancels Certificate of Registration of 54 NBFCs

The Reserve Bank of India has cancelled the Certificate of Registration of 54 Non-Banking Financial Companies under Section 45-IA(6) of the RBI Act, 1934 for regulatory non-compliance. The enforcement action removes these entities' authorization to conduct NBFC operations. Affected companies include entities such as Chefair Impex Ltd and Umeed Leasing & Finance Limited.

RBI Issues Draft Directions for Trade Receivables Discounting System

The Reserve Bank of India released draft directions for Trade Receivables Discounting System (TReDS) platforms on April 8, 2026, seeking to rationalize and harmonize existing guidelines for MSME trade receivables financing. The draft directions are open for public comments until May 1, 2026. Banks, TReDS platform operators, and MSME stakeholders should review the proposed changes and submit feedback through RBI's Connect 2 Regulate portal.