Monetary Penalty on Exclusive Capital Limited for Compliance Failures

The Reserve Bank of India imposed a monetary penalty of ₹10.30 lakh (approximately $12,300 USD) on Exclusive Capital Limited for non-compliance with RBI directions on leverage ratio limits, supervisory return filings, and balance sheet submission requirements. The penalty was imposed under Section 58G(1)(b) read with Section 58B(5)(aa) of the RBI Act, 1934, following an offsite analysis and show cause proceedings.

Moratorium Extended for Innovative Co-operative Urban Bank Limited, Delhi

The Reserve Bank of India has extended the regulatory restrictions (moratorium) on Innovative Co-operative Urban Bank Limited, Delhi for an additional three months through July 4, 2026. This is the third extension of the Directive originally issued in July 2025. The extension maintains all existing restrictions and conditions previously imposed on the bank.

Underwriting auction for Government Securities (₹29,000 crore)

The Reserve Bank of India announced an underwriting auction for Government Securities worth ₹29,000 crore on April 2, 2026. The auction covers two securities: 6.68% GS 2040 (₹17,000 crore) and 7.43% GS 2076 (₹12,000 crore). Primary Dealers must submit bids through the e-Kuber system between 9:00 AM and 9:30 AM on the auction date.

RBI Extends Moratorium on Bhavani Sahakari Bank, Mumbai

The Reserve Bank of India extended a regulatory directive imposing operational restrictions on The Bhavani Sahakari Bank Ltd., Mumbai for an additional three months until July 4, 2026. The extension follows prior restrictions imposed in July 2025 and a previous extension in December 2025. All existing directive terms remain unchanged.

RBI Money Market Operations Data

The Reserve Bank of India published money market operations data for March 30, 2026, reporting system liquidity at ₹5.89 lakh crore. This is a routine statistical release providing market participants with current liquidity conditions in the Indian banking system. The data is published via the RBI's official press release mechanism.

Ashod Balanian Disqualified from Managing Corporations for Five Years

ASIC has disqualified Ashod Balanian from managing corporations for five years for serious director misconduct involving three cryptocurrency fund companies. Balanian was director of Digital Commodity Assets Pty Ltd, DCA Capital Pty Ltd, and Polychain Pty Ltd, which operated the Digital Commodity Assets Fund. ASIC found failures including non-cooperation with liquidators, inadequate books and records, tax non-compliance, operating an unregistered managed investment scheme, and operating without required AFS licence. The disqualification runs until 30 March 2031.

ASIC Cancels Beacon Wealth Pty Ltd AFS Licence

ASIC cancelled Australian financial services licence number 239 946 held by Beacon Wealth Pty Ltd under section 915B(3)(a) of the Corporations Act 2001. ASIC found that Beacon Wealth ceased operating its financial services business on or prior to June 2024 and failed to take necessary steps to recommence operations following a licence suspension in April 2025. The company did not progress required licence variations, provide requested information, or pay applicable fees.

ASX Inquiry Final Report - Capital Charge $150M and Transformation Requirements

ASIC published the ASX Inquiry Panel Final Report following a nine-month investigation into the Australian Securities Exchange group. The report identifies critical governance failures, capability gaps, and cultural barriers across ASX operations, finding that the resilience of critical market infrastructure was compromised in pursuit of shareholder returns. ASX has committed to a $150 million capital charge to be implemented by 30 June 2027.

Mayor Bowser Kicks Off Earth Month and 10th Annual Spring Cleanup

Mayor Muriel Bowser and District of Columbia leaders announced the 10th Annual Spring Cleanup scheduled for April 25, 2026, and highlighted spring cleaning services resuming across the city. The Department of Public Works announced expanded food waste collection options, a new recycling partnership with the DC Housing Authority, and will now administer the Mayor's Office of the Clean City and Adopt a Block program.

Board of Acupuncture, Chiropractor and Naturopathic Physicians Newsletter

DC Health published the Winter/Spring 2026 newsletter for the Board of Acupuncture, Chiropractor and Naturopathic Physicians. The newsletter provides informational updates on DC Health services including the DC Health and Wellness Center, professional licensure resources, and contact information for licensed practitioners in the District of Columbia.