RBI

State Government Securities Auction Results - April 7, 2026

The Reserve Bank of India published auction results for State Government Securities dated April 7, 2026. The results detail the outcome of government bond auctions conducted for state governments, showing issuance amounts, yields, and participating institutions. This routine publication provides transparency on public debt operations and state borrowing activities.

Auction of Government of India 6.48% GS 2035 - Rs 34,000 Crore

The Reserve Bank of India announced the auction of Government of India dated security 6.48% GS 2035 for a notified amount of Rs 34,000 crore. The auction will be conducted on April 10, 2026 using the multiple price method, with settlement on April 13, 2026. GoI may retain additional subscription up to Rs 2,000 crore.

RBI extends Baghat Urban Co-operative Bank regulatory directions

The Reserve Bank of India has extended regulatory directions issued to The Baghat Urban Co-operative Bank Limited, Solan for a further three months from close of business on April 8, 2026 to close of business on July 8, 2026. The original directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 were issued on October 6, 2025. The extension is subject to review and does not imply satisfaction with the bank's financial position.

RBI imposes monetary penalty on Dr. Panjabrao Deshmukh Urban Cooperative Bank Ltd.

The Reserve Bank of India imposed a monetary penalty of ₹1.09 lakh on Dr. Panjabrao Deshmukh Urban Cooperative Bank Ltd., Amravati, Maharashtra for non-compliance with regulatory directions. The violations include breaching prudential single counterparty exposure limits for non-SLR investments and charging customers above the prescribed regulatory ceiling for NEFT transactions.

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.

RBI Cancels Licence of Shirpur Merchants' Co-operative Bank

The Reserve Bank of India cancelled the licence of The Shirpur Merchants' Co-operative Bank Ltd., Shirpur effective April 6, 2026, under Section 22 read with Section 56 of the Banking Regulation Act, 1949. The bank ceases all banking business operations due to inadequate capital, non-compliance with statutory requirements, and inability to protect depositor interests. DICGC has already paid ₹48.95 crore to eligible depositors, with 99.7% of depositors entitled to full coverage up to ₹5 lakh.

RBI extends regulatory directions for Ramgarhia Co-operative Bank Ltd., New Delhi

The Reserve Bank of India has extended the operational period of Directive No. DEL.DOS.EXG_SSM.No.S515/12-10-013/2022-2023 for Ramgarhia Co-operative Bank Ltd., New Delhi for an additional three months from close of business on April 8, 2026 to close of business on July 8, 2026. The extension is issued under Section 35A read with Section 56 of the Banking Regulation Act, 1949. The RBI notes that this extension should not be construed as satisfaction with the bank's financial position.

Money Market Operations Report - April 6, 2026

The Reserve Bank of India published its daily money market operations report for April 6, 2026, presenting statistical data on monetary operations including amounts in ₹ crore and interest rates. The report provides transparency on the central bank's liquidity management activities for the specified date.

FPI Debt Investment Limits and Credit Default Swaps

The Reserve Bank of India has issued A.P. (DIR Series) Circular No. 05 setting FPI investment limits for FY 2026-27 (April 2026 to March 2027). The percentage limits for G-Secs (6%), SGSs (2%), and corporate bonds (15%) of outstanding stocks remain unchanged under the General Route. A key policy change requires all Voluntary Retention Route investments to now be subject to General Route limits. Total debt limits have been revised to ₹15,51,646 crore for the first half and ₹16,32,640 crore for the second half, with an additional ₹3,30,464 crore CDS limit.

Money Market Operations Report

The Reserve Bank of India published money market operations data for April 2, 2026, showing total market volume of ₹6.4 trillion (₹6,400 billion) with overnight call money rates ranging from 4.77% to 5.80%. The report provides statistical data on interbank money market transactions for market participants and monetary policy analysis.