Posted inRBI Announcements
RBI Updates Income Rules for Local Area Banks
RBI has updated income recognition rules for Local Area Banks on SNFAs, effective October 1, 2026, with a reversal deadline of September 30, 2027.
Posted inRBI Announcements
RBI Updates Special Rupee Vostro Account Rules
RBI consolidates Special Rupee Vostro Account rules into one circular, simplifying INR trade settlement for AD banks effective July 17, 2026.
Posted inRBI Announcements
RBI Fines Avail Financial Services ₹6.20 Lakh
RBI fined Avail Financial Services ₹6.20 lakh for governance and concentration norm violations found during a statutory inspection.
Posted inRBI Announcements
RBI Fines Muthoot Vehicle Finance for KYC Lapse
RBI has imposed a ₹2.70 lakh KYC penalty on Muthoot Vehicle and Asset Finance Limited for failing to review account risk categorisation periodically.
Posted inRBI Announcements
RBI Fines Dhani Loans ₹2.70 Lakh for NPA Lapse
RBI has fined Dhani Loans and Services Limited ₹2.70 lakh for failing to classify certain loan accounts as NPAs.
Posted inRBI Announcements
RBI Fines PAN Emami Cosmed ₹3.10 Lakh
RBI has fined PAN Emami Cosmed Limited ₹3.10 lakh for breaching credit concentration exposure limits set for a single group of parties.
Posted inRBI Announcements
RBI Fines Satya MicroCapital ₹3.10 Lakh
RBI fines Satya MicroCapital ₹3.10 lakh for failing to classify restructured accounts as NPAs after a 2025 statutory inspection.
Posted inRBI Announcements
RBI Treasury Bill Auction on July 22, 2026
RBI announces a ₹24,000 crore treasury bill auction on July 22, 2026, covering 91-day, 182-day, and 364-day T-bills.
Posted inRBI Announcements
RBI Restricts Vikhe Patil Co-operative Bank Nashik
RBI restricts Vikhe Patil Co-operative Bank Nashik from July 17, 2026. Depositors can withdraw up to ₹1 lakh; DICGC cover up to ₹5 lakh applies.
Posted inRBI Announcements
SGB Premature Redemption Price: ₹14,158 per Unit
RBI sets SGB premature redemption price at ₹14,158 per unit for two tranches due on July 18 and July 20, 2026.