Press Releases

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, December 05, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal

The Reserve Bank of India had, on September 29, 2025, issued two draft amendment circulars, viz.: (i) Large Exposures Framework (Amendment Circular), 2025; and (ii) Guidelines on Management of Intragroup Transactions and Exposures (Amendment Circular), 2025 seeking feedback from stakeholders. The amendment directions were aimed

The Reserve Bank of India had, on October 1, 2025, issued the draft ‘Guidelines on Enhancing Credit Supply for Large Borrowers through Market Mechanism (Repeal Circular), 2025, seeking feedback from the stakeholders on proposal to repeal the extant instructions issued in 2016. 2. Feedback received on the above draft Repeal Circular has been examined and it has been decided to repeal the extant instructions which were subsequently consolidated in (i) Reserve Bank of India (Commercial Banks – Concentration Risk Management) Directions, 2025; and (ii) Reserve Bank of India (Small Finance Banks – Concentration Risk Management) Directions, 2025. A statement on the feedback received for the draft Directions is provided in the Annex.

On September 29, 2025, the Reserve Bank of India had issued the draft Reserve Bank of India (Gold Metal Loans) Directions, 2025 seeking feedback from stakeholders. The draft Directions were aimed primarily to (i) consolidate the Gold Metal Loans (GML) related regulations; (ii) fill up certain

The Reserve Bank of India has, from time to time, issued several instructions/ guidelines to co-operative banks, i.e., Primary (Urban) Co-operative Banks (UCBs), State Co-operative banks (StCBs) and District Central Co-operative banks (DCCBs), related to permission for place of business, change of name and scheduling. With a view to harmonising the above instructions/ guidelines and consolidating them in one place, Draft Master Direction (MD) on Business Authorization for Co-operative Banks (Directions), 2025 was issued on July 28, 2025 seeking feedback from banks and other stakeholders.

Extant guidelines stipulate submission of credit information by Credit Institutions (CIs) to Credit Information Companies (CICs) at fortnightly or shorter intervals. Given the increasing reliance of CIs on credit information reports (CIRs) in credit underwriting processes, it is imperative that the CIRs provided by CICs reflect more recent information. Upon review, it was proposed to amend the extant instructions and transition to weekly incremental submission of credit information by CIs to CICs along with measures to facilitate faster data submission and error rectification. Accordingly, the Reserve Bank had issued Draft Reserve Bank of India (Credit Information Reporting) (1st Amendment) Directions, 2025, on September 29, 2025, inviting public comments / feedback.

The Basic Savings Bank Deposit (BSBD) account was introduced as a savings bank account which offers certain minimum facilities, free of charge, to the holders of such accounts with an objective of deepening financial inclusion. Access to financial services has improved significantly in recent years. However, the ongoing digitalisation of the banking sector requires a BSBD account that is in sync with the customer’s evolving requirements. Accordingly, it was decided to review the extant instructions and draft Reserve Bank of India (Basic Savings Bank Deposit Account) Directions, 2025 were issued on October 1, 2025 for public consultation / feedback.

Government of India has announced the sale (re-issue) of Government Security, as detailed below, through auction to be held on December 05, 2025 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), are as under: (₹ crore) Security Notified Amount MUC amount per PD Minimum bidding commitment per PD under ACU auction 6.48% GS 2035 32,000 762 762

Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 72,377 Amount accepted (in ₹ crore) 72,377 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.48 Partial Acceptance Percentage of offers received at cut off rate NA

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,64,238.43 5.22 4.75-6.70 I. Call Money 18,928.82 5.35 4.75-5.60 II. Triparty Repo 3,96,732.70 5.17 5.01-5.25 III. Market Repo 2,45,396.41 5.30 4.85-5.50 IV. Repo in Corporate Bond 3,180.50 5.39 5.35-6.70

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Thursday, December 04, 2025, as under:

 In terms of GOI notification F.No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series-X-Issue date December 04, 2017) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds.

The Reserve Bank has today released data on Reserve Money for the fortnight ended November 28, 2025.

Auction Results 91-Day 182-Day 364-Day I. Notified Amount 7,000 6,000 6,000 II. Competitive Bids Received (i) Number 137 106 117 (ii) Amount 35,277.500 27,139.000 21,691.000 III. Cut-off price / Yield 98.6842 97.3174 94.7600 (YTM: 5.3480%) (YTM: 5.5282%) (YTM: 5.5450%) IV. Competitive Bids Accepted

I. T-Bill 91-Day 182-Day 364-Day II. Total Face Value Notified   ₹7,000 Crore   ₹6,000 Crore   ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.6842 (YTM:5.3480%) 97.3174 (YTM: 5.5282%) 94.7600 (YTM: 5.5450%) IV. Total Face Value Accepted   ₹7,000 Crore

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,58,357.63 5.22 1.01-6.30 I. Call Money 18,792.22 5.34 4.75-5.50 II. Triparty Repo 4,17,433.30 5.18 5.05-5.50 III. Market Repo 2,18,770.11 5.29 1.01-6.00 IV. Repo in Corporate Bond 3,362.00 5.43 5.40-6.30 B. Term Segment I. Notice Money** 169.85 5.22 4.85-5.40

Today, the Reserve Bank released the results1 of the fifteenth round of its biennial survey on foreign collaboration in Indian industry (FCS) covering the financial years 2023-24 and 2024-25. This survey captures information on financial parameters and operations of the Indian companies having technical collaboration with foreign companies during the reference period, as per the attached schedule. In the latest survey round, 601 foreign technical collaboration (FTC) agreements were reported by 255 Indian entities, of which, 163 entities had participated in the previous survey round.

State Bank of India, HDFC Bank, and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs) under the same bucketing structure as in the 2024 list of D-SIBs. The additional Common Equity Tier 1 (CET1) requirement for these D-SIBs will be in addition to the Capital Conservation Buffer. The list of D-SIBs is as follows:

The names of the following eight Regional Rural Banks (RRBs) have been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DoR.LIC.No.S5379/16.13.300/2025-26 dated October 8, 2025 and published in the Gazette of India (Part III - Section 4) dated November 11, 2025: Sl. No. Name of the RRB 1 Andhra Pradesh Grameena Bank 2 Gujarat Gramin Bank 3 Karnataka Grameena Bank 4 Madhya Pradesh Gramin Bank 5 Maharashtra Gramin Bank 6 Odisha Grameen Bank 7 Rajasthan Gramin Bank 8 Uttar Pradesh Gramin Bank