Posted inRBI Announcements
RBI VRR Auction Results: July 16, 2026
RBI's overnight VRR auction on July 16, 2026 allotted ₹18,425 crore at a cut-off rate of 5.26% against a notified ₹75,000 crore.
Posted inRBI Announcements
RBI Monetary Museum Mumbai to Close for Renovation
The RBI Monetary Museum Mumbai will temporarily close from July 22, 2026, for renovation. No reopening date has been announced yet.
Posted inRBI Announcements
State Government Securities Auction Results July 2026
RBI conducted a state government securities auction on July 14, 2026, raising ₹24,570 crore across nine states.
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RBI Seeks Public Comments on Bank Share Acquisition Rules
RBI releases draft directions to simplify bank share acquisition approvals for mutual funds, insurance firms, and pension funds. Comments due by August 4, 2026.
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RBI Updates Bank Board Governance Rules 2026
RBI issues new bank board governance directions for commercial, small finance, payments, and local area banks, effective October 1, 2026.
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RBI Governor Meets Bank CEOs on Growth and AI
RBI Governor chaired a half-yearly meeting with public and private sector bank CEOs in Mumbai on July 14, 2026, focusing on AI, customer service, and digital banking.
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RBI Money Market Operations: July 14, 2026
RBI money market operations on July 14, 2026 saw ₹6.51 lakh crore overnight volume at 5.13% weighted average rate.
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RBI Fines Ashok Sahakari Bank ₹10 Lakh
RBI fined Ashok Sahakari Bank ₹10 lakh for sanctioning a loan to its own director, violating the Banking Regulation Act.
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RBI Fines Surat People’s Co-op Bank ₹13.30 Lakh
RBI imposed a ₹13.30 lakh penalty on Surat People's Co-operative Bank for governance violations involving directors' conflict of interest.
Posted inRBI Announcements
RBI Holds Third Internal Ombudsmen Conference
RBI held its third annual Internal Ombudsmen conference in Mumbai on July 13, 2026, focusing on faster and fairer customer grievance redress.