RBI

RBI Invites Public Comments on Investment Fluctuation Reserve Amendment Directions

RBI released draft Amendment Directions on Investment Fluctuation Reserve (IFR) covering 10 categories of banks, including Commercial Banks, Small Finance Banks, Payments Banks, Co-operative Banks, and Regional Rural Banks. The amendments address operational challenges in maintaining IFR above regulatory thresholds and differences across prudential frameworks. Public comments are invited until April 29, 2026.

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.

Draft Amendment Directions on CET1 Capital and Quarterly Profits for CRAR

The Reserve Bank of India released draft amendment directions on April 8, 2026, proposing to remove the qualifying condition linking quarterly profit inclusion in CET1 capital to NPA provision deviations. Currently, banks may reckon quarterly profits only if incremental NPA provisions have not deviated more than 25% from the four-quarter average. Comments are invited until April 29, 2026.

Statement on Developmental and Regulatory Policies - Commercial Banks

The Reserve Bank of India announced several developmental and regulatory policy measures for commercial banks, including proposals to dispense with Investment Fluctuation Reserve (IFR) requirements and to simplify CRAR computation by removing conditions on quarterly profit inclusion. The RBI also published 64 draft Master Directions consolidating supervisory instructions for public comment, representing a significant rationalization of the supervisory framework.

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.

16 NBFCs Surrender Certificates of Registration Under Section 45-IA

The Reserve Bank of India cancelled the Certificates of Registration of 16 Non-Banking Financial Companies (NBFCs) under Section 45-IA(6) of the RBI Act, 1934. The cancellations, effective between March 3-30, 2026, resulted from companies voluntarily surrendering their registrations or meeting criteria for unregistered Core Investment Companies.

RBI invites comments on Draft Governance Amendment Directions

The Reserve Bank of India has issued draft Amendment Directions revising governance requirements for Commercial Banks, Small Finance Banks, Payments Banks, and Local Area Banks. The amendments replace prescriptive 'seven themes' with principle-based guidance and rationalize board reporting requirements to enable more focused engagement on strategy and risk governance. Public comments are invited until May 7, 2026.

91-Day, 182-Day and 364-Day T-Bill Auction Result: Cut-off

The Reserve Bank of India announced the results of its T-Bill auction held on April 8, 2026. The auction accepted ₹12,000 crore in 91-day T-Bills at 5.3064% yield, ₹6,000 crore in 182-day T-Bills at 5.5299% yield, and ₹6,000 crore in 364-day T-Bills at 5.6278% yield. All notified amounts were fully accepted at the respective cut-off prices.

Governor Statement on MPC Policy: Repo Rate Holds at 5.25%

The RBI Governor's statement for April 8, 2026 announced the MPC's unanimous decision to keep the policy repo rate unchanged at 5.25 percent. The SDF remains at 5.00 percent and the MSF/Bank Rate at 5.50 percent, with the neutral stance maintained. The MPC cited contained inflation but flagged increased upside risks from energy price pressures and potential weather disruptions affecting food prices amid heightened geopolitical tensions.

RBI Branch Authorisation Amendment Directions 2026 - Consultation

The Reserve Bank of India has issued seven draft Amendment Directions (2026) covering branch authorisation for Commercial Banks, Small Finance Banks, Payments Banks, Local Area Banks, Regional Rural Banks, Urban Co-operative Banks, and Rural Co-operative Banks. The proposals define three types of delivery points (branch, BC-BO, BC-BT), simplify Business Correspondent eligibility criteria, subsume Business Facilitators under the BC model, and standardise BC commission/remuneration structures. Public comments are invited until May 5, 2026.