RBI Penalizes Union Bank of India ₹95.40 Lakh

The Reserve Bank of India has imposed a monetary penalty of ₹95.40 lakh on Union Bank of India for non-compliance with directions on unauthorized electronic transactions and automation of income recognition. The penalty stems from deficiencies found during a supervisory inspection as of March 31, 2025.

RBI fines Bank of India ₹58.50 lakh for non-compliance

The Reserve Bank of India has imposed a monetary penalty of ₹58.50 lakh on the Bank of India for non-compliance with directions on Priority Sector Lending and Interest Rate on Deposits. The penalty stems from findings during a supervisory inspection concerning ad-hoc charges on priority sector loans and unpaid interest on term deposits.

RBI fines Pine Labs ₹3.10 lakh for non-compliance with Prepaid Payment Instruments directions

The Reserve Bank of India has imposed a monetary penalty of ₹3.10 lakh on Pine Labs Limited for non-compliance with directions on Prepaid Payment Instruments. The penalty stems from deficiencies in completing Know Your Customer (KYC) procedures for Full-KYC Prepaid Payment Instruments.

RBI Fines Central Bank of India for KYC/BSBDA Non-Compliance

The Reserve Bank of India has imposed a monetary penalty of ₹63.60 lakh on Central Bank of India for non-compliance with KYC and Basic Savings Bank Deposit Account (BSBDA) directions. The violations included failure to upload KYC records on time and opening additional BSBD accounts for customers already holding one.

Master Direction on Unique Identifiers in Financial Markets

The Reserve Bank of India has issued a Master Direction consolidating previous instructions on Unique Identifiers in Financial Markets, specifically the Legal Entity Identifier (LEI) and Unique Transaction Identifier (UTI). This aims to improve accessibility of regulatory instructions and ease of doing business for entities involved in reporting OTC derivative transactions.

RBI Bulletin Weekly Statistical Supplement Extract

The Reserve Bank of India has issued an extract from its Weekly Statistical Supplement to the RBI Bulletin. This document provides updated statistical data relevant to the Indian financial sector.

State Government Securities Auction Results

The Reserve Bank of India has published the results of the State Government Securities auction held on March 27, 2026. The notice details the amounts issued and the weighted average yields for the securities.

State Government Securities Auction Results

The Reserve Bank of India has published the results of the State Government Securities Auction held on March 27, 2026. The notice details the amounts raised, accepted, and the cut-off prices or yields for various state governments.

Money Market Operations Data March 26 2026

The Reserve Bank of India has published data on money market operations as of March 26, 2026. This notice provides statistical information regarding the country's money market activities for the specified date.

RBI 6-day VRR auction results

The Reserve Bank of India has announced the results of its 6-day Variable Rate Repo (VRR) auction held on March 27, 2026. The auction had a notified amount of ₹75,000 crore, with ₹65,322 crore in bids received and allotted. The cut-off rate was 5.26% and the weighted average rate was 5.29%.