Press Releases

The Reserve Bank of India had issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Shirpur Merchants’ Co-operative Bank Ltd., Shirpur, Maharashtra, vide Directive No. CO.DOS.SED. No. S175/45-11-001/ 2024-2025 dated April 05, 2024, for a period of six months up to the close of business on October 08, 2024, as modified from time to time, which were last extended up to the close of business on October 08, 2025, vide Directive DOR.MON.D-17/12-21-364/2025-26 dated July 04, 2025.

The Reserve Bank of India (RBI), vide order dated October 06, 2025, has cancelled the licence of “Jijamata Mahila Sahakari Bank Ltd., Satara, Maharashtra.” The banking licence of the bank was earlier cancelled vide order dated June 30, 2016 and was restored on October 23, 2019 on an appeal

The FX-Retail platform of the Clearcorp Dealing Systems (India) Ltd. (Clearcorp) has been linked with Bharat Bill Payment System (Bharat Connect). The linkage will enable individual customers maintaining bank accounts with participating banks to register and transact on the FX-Retail platform via enabled digital channels of participating banks and through Third Party Application Providers (TPAPs). For existing customers of FX-Retail, the linkage will provide another option to access the platform. A pilot on the linkage has been launched today at the Global Fintech Fest 2025 by Shri T. Rabi Sankar, Deputy Governor, Reserve Bank of India.

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Ramgarhia Co-operative Bank Limited, New Delhi vide Directive No. DEL.DOS.EXG_SSM.No.S515/12-10-013/2022-2023 dated July 07, 2022 for a period of 06 months up to close of business on January 08, 2023, which was last extended vide Directive No. DOR.MON.D-18/12.28.115/2025-26 dated July 04, 2025. The Reserve Bank of India is satisfied that in the public interest, it is necessary to

In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated October 01, 2025, the Reserve Bank of India (RBI) has today issued the following draft Directions: A. Draft Reserve Bank of India (Scheduled Commercial Banks - Capital Charge for Credit Risk – Standardised Approach) Directions, 2025 The proposed Directions seek to implement one of the key elements of the global reforms implemented by the Basel Committee on Banking Supervision (BCBS), suitably tailored to the Indian context. The Directions amend the existing standardised approach fram

The result of the auction of State Government Securities held on October 07, 2025, is as under: (Amount in ₹ Crore) ANDHRA PRADESH SGS 2033 ANDHRA PRADESH SGS 2036 GUJARAT SGS 2033 JAMMU AND KASHMIR SGS 2037 Notified Amount 900 1000 2000 400 Tenor 8 -Years 11 -Years 8 -Years 12 -Years Competitive Bids Received (i) No. 58 129 136 68 (ii) Amount 4480 7510 12280 2505 Cut-off Yield (%) 7.14 7.27 7.06 7.39 Cut off Price (₹) 100 100 100 100

The Reserve Bank of India has launched the 71st round of its Order Books, Inventories and Capacity Utilisation Survey (OBICUS). The survey is for the reference period July – September 2025 (Q2:2025-26). The Reserve Bank has been conducting the Order Books, Inventories and Capacity Utilisation Survey (OBICUS) of the manufacturing sector on a quarterly basis since 2008.

The Reserve Bank has released today the draft Reserve Bank - Ombudsman Scheme, 2025 (Scheme). 2. The Reserve Bank – Integrated Ombudsman Scheme (RB-IOS), 2021 launched on November 12, 2021, provides customers of Regulated Entities (REs) a speedy, cost-effective and expeditious alternate grievance redress mechanism. Based on the operational experience, stakeholder feedback, and global best practices, the Reserve Bank has undertaken a comprehensive review of the Scheme.

The Reserve Bank has released today the draft Master Direction - Reserve Bank of India (Internal Ombudsman for Regulated Entities) Directions, 2025. 2. The Reserve Bank, vide Master Direction - Reserve Bank of India (Internal Ombudsman for Regulated Entities) Directions, 2023 dated December 29, 2023, has institutionalized the Internal Ombudsman mechanism in various regulated entities (REs) for independent review of customer complaints that are being rejected. A holistic review of the existing instructions has been undertaken to further strengthen the functioning of the Internal Ombudsman with a view to facilitating faster and meaningful resolution of customer grievances at the level of the REs.

In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated October 01, 2025, the Reserve Bank has, in exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, issued a Notification to bring State Co-operative Banks and Central Co-operative Banks under the ambit of the Reserve Bank – Integrated Ombudsman Scheme, 2021 (the Scheme), with effect from November 01, 2025.