Press Releases

Today, the Reserve Bank released the January 2026 issue of its monthly Bulletin. The Bulletin includes three speeches, two articles and current statistics. The two articles are: I. State of the Economy; and II. Financial Stocks and Flow of Funds of the Indian Economy 2023-24.

The Reserve Bank has today released data on Reserve Money for the fortnight ended January 15, 2026.

(Amount in ₹ crore) Auction Results    91-Day    182-Day    364-Day I.    Notified Amount    9,000    12,000    8,000 II.    Competitive Bids Received    (i) Number    76    81    94 (ii) Amount    17,439.745    29,587.500    23,200.120 III.    Cut-off price / Yield    98.6500    97.2539    94.6035 (YTM: 5.4889%)    (YTM: 5.6628%)    (YTM: 5.7200%) 

The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of November 2025.

I. T-Bill 91-Day 182-Day 364-Day II. Total Face Value Notified ₹9,000 Crore ₹12,000 Crore ₹8,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.6500 (YTM:5.4889%) 97.2539 (YTM: 5.6628%) 94.6035 (YTM: 5.7200%)

Tenor 8-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 26,535 Amount allotted (in ₹ crore) 26,535

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,86,310.36 5.18 4.00-6.35 I. Call Money 15,456.37 5.42 4.50-5.50 II. Triparty Repo 4,69,748.15 5.12 4.85-5.23 III. Market Repo 1,96,598.44 5.29 4.00-5.50 IV. Repo in Corporate Bond 4,507.40 5.46 5.41-6.35

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Wednesday, January 21, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 8 9:30 AM to 10:00 AM January 29, 2026 (Thursday)

In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series-VIII-Issue date January 21, 2020) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue

The result of the auction of State Government Securities held on January 20, 2026, is as under: (Amount in ₹ Crore) ASSAM SGS 2046 JAMMU AND KASHMIR UT SGS 2041 KARNATAKA SGS 2032 KARNATAKA SGS 2033 Notified Amount 1000 500 2000 2000 Tenor 20 -Years 15 -Years Re-issue of 7.25% KARNATAKA SGS 2032 issued on 14-JAN-2026 7 -Years 6 -Months Competitive Bids Received (i) No. 95 94 47 65

Sr. No. State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Assam 1000 1000 7.62 20 2. Jammu and Kashmir 500 500 7.62 15 3. Karnataka 2000 2000 100.21/7.2084 Re-issue of 7.25% Karnataka SGS 2032, issued on January 14, 2026 2000 2000 7.32 07 year and 06 months

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Konark Urban Co-operative Bank Ltd., Ulhasnagar vide Directive No. CO.DOS.SED.No.S592/45-11-001/2024-25 dated April 23, 2024 for a period of six months up to close of business on October 23, 2024, which was last extended up to close of business on January 23, 2026 vide Directive No. DOR.MON/D-37/12.22.805/2025-26 dated October 17, 2025. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond close of business on January 23, 2026.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,98,862.56 5.18 2.10-6.40 I. Call Money 13,619.35 5.40 4.50-5.50 II. Triparty Repo 4,87,279.30 5.13 4.80-5.27 III. Market Repo 1,93,306.51 5.27 2.10-6.00 IV. Repo in Corporate Bond 4,657.40 5.44 5.38-6.40

Government of India (GoI) has announced the sale (issue / re-issue) of three dated securities for a notified amount of ₹33,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 New GS 2029 Jan 27, 2029 9,000 F.No.4(1)-B(W&M)/2025 dated January 19, 2026 January 23, 2026 (Friday) January 27, 2026 (Tuesday)

As part of the Reserve Bank of India’s continued engagement with regulated entities, the Governor held a meeting today in Mumbai with the Chairpersons and Managing Directors & Chief Executive Officers (MDs & CEOs) of select Urban Cooperative Banks (UCBs). The previous such meeting was held on March 19, 2025.

The Reserve Bank of India has today issued the Reserve Bank of India (Priority Sector Lending – Targets and Classification) (Amendment) Directions, 2026. These amendment directions modify certain provisions of the Master Directions - Reserve Bank of India (Priority Sector Lending – Targets and Classification) Directions, 2025.

The Reserve Bank of India (RBl) has, by an order dated January 13, 2026, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Nandura Urban Co-operative Bank Ltd., Nandura, Maharashtra (the bank), for non-compliance with certain directions issued by RBI on ‘Exposure Norms and Statutory / Other Restrictions – UCBs’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - -

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 10,450.34 5.07 4.25-5.50 I. Call Money 802.25 4.82 4.50-4.95 II. Triparty Repo 9,401.75 5.11 4.65-5.50 III. Market Repo 246.34 4.49 4.25-5.00

Tenor 4-day Notified Amount (in ₹ crore) 1,00,000 Total amount of bids received (in ₹ crore) 58,740 Amount allotted (in ₹ crore) 58,740 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA