Tag
RBI
32 articles
Regulatory scrutiny and compliance actions are impacting financial institutions across India. The Reserve Bank of India (RBI) levied penalties on Bank of Baroda and GIC Housing Finance for regulatory non-compliance, while also rejecting TTI Enterprise's request to surrender its NBFC registration. Simultaneously, Kotak Mahindra Bank completed the integration of its subsidiary KMIL's loan portfolio, aligning with RBI directives. These developments highlight the increasing focus on regulatory adherence within the Indian financial sector, potentially impacting profitability and operational flexibility for affected institutions and underscoring the need for robust compliance frameworks.
Ind Bank Housing Q1 FY27 Net Profit ₹387.54 Lakh
Ind Bank Housing reported Q1 FY27 un-audited net profit of ₹387.54 lakh versus a loss of ₹10.91 lakh in Q1 FY26, driven by ₹319.30 lakh other income.
The company's housing finance registration was can
Can Fin Homes Appoints Shailesh Kumar Singh Deputy MD
Can Fin Homes received RBI approval for Shailesh Kumar Singh's appointment as Whole Time Director and Deputy Managing Director effective July 3, 2026.
The appointment is for a three-year term and shar
SecMark Consultancy Proposes Wholly Owned NBFC Subsidiary
SecMark Consultancy Board approved incorporation of a wholly owned subsidiary, Financial Aggregation Private Limited, on July 03, 2026.
The subsidiary will operate as an Account Aggregator NBFC, requi
Bank of Baroda Receives RBI Penalty of ₹63.60 Lakhs
RBI imposes ₹63.60 lakh penalty on Bank of Baroda for regulatory non-compliance.
Penalty issued for charging excess interest and delayed KYC uploads to CKYCR.
The financial impact will directly affect
GIC Housing Finance RBI Penalty ₹3.1 Lakh
RBI imposed a ₹3.1 lakh penalty on GIC Housing Finance for non-compliance with KYC directions.
The penalty relates to an absence of periodic review and risk categorization of customer accounts.
The co
Sunrise Industrial Traders FY26 Revenue Declines 13.8%
Submitted Annual Report 2025-2026 to BSE, showing revenue decrease to ₹492.77 lakhs and net profit of ₹224.93 lakhs.
Scheduled 54th AGM on July 30, 2026, to adopt financial statements and re-appoint d
Jagsonpal Services Receives RBI Approval for Welcast Acquisition
Jagsonpal Services Ltd received RBI approval on 2nd July 2026 for acquiring 100% shareholding in NBFC Welcast Finstocks Private Limited.
The approval follows the company's initial disclosure dated 18t
TTI Enterprise RBI NBFC Surrender Rejection
TTI Enterprise Limited's application to voluntarily surrender its NBFC registration was rejected by the Reserve Bank of India.
The rejection was formally communicated via an RBI PRAVAAH portal status
Rajkot Investment Trust RBI Inspection Completion
Rajkot Investment Trust Ltd completed a routine RBI regulatory inspection on July 2, 2026.
The company provided full cooperation and all requested information to RBI officials during the inspection.
N
TTI Enterprise RBI NBFC Surrender Rejection
TTI Enterprise received RBI rejection for voluntary surrender of its NBFC registration certificate.
The company must continue operating as an NBFC and comply with all RBI regulations and applicable la
Kotak Mahindra Bank Acquires ₹9,587.62 Crore KMIL Portfolio
Kotak Mahindra Bank completed direct assignment of ₹9,587.62 crore loan portfolio from subsidiary KMIL effective July 1, 2026.
Transaction follows March 2026 decision to integrate KMIL's business acti
Utkarsh SFB Certifies FY2026 Cybersecurity Compliance
Utkarsh Small Finance Bank certifies compliance with RBI cybersecurity guidelines and SEBI's Cyber Resilience Framework for FY2026.
The disclosure is made pursuant to SEBI Circular SEBI/HO/ITD-1/ITD_C
RBI Releases Q4 2025-26 Invisibles Data
The Reserve Bank of India published India's invisibles statistics for the fourth quarter of FY2025‑26, covering January to March 2025‑26.
Data released follows the IMF Balance of Payments and Internat
RBI to Run ₹125,000 Cr VRR Auction
RBI will conduct a two‑day Variable Rate Repo auction under the Liquidity Adjustment Facility on July 1, 2026.
The auction will offer a notified amount of ₹1,25,000 crore with a 2‑day tenor, window 09
RBI Announces ₹3.19 Lakh Cr State Borrowing Calendar
RBI introduced the Benchmark Issuance Strategy (BIS) pilot for nine states in Q1 FY2026‑27 and extended it to ten more states/UTs from Q2.
An indicative calendar for 18 adopting states/UTs shows total
RBI Announces ₹13,600 Cr State Securities Auction
RBI will auction state government securities worth ₹13,600 crore on June 30, 2026 via the E‑Kuber platform.
Participating states include Andhra Pradesh, Assam, Punjab, Rajasthan, and Telangana with te
RBI Releases Fortnightly Money Supply Data
RBI published its fortnightly money supply figures for the period ending 15 June 2026, released on 25 June 2026 as part of its regular monetary statistics reporting.
The release is identified as Press
GSFC 66th AGM Notice with FY26 Loss of ₹127.29 Crore
Gujarat State Financial Corporation submits its Annual Report for FY 2025-26 ahead of its 66th AGM to be held physically on July 30, 2026.
Corporation reports a net loss of ₹127.29 crore for FY26, a 1
RBI Injects ₹14,824 Crore Liquidity June 2026
RBI reported total money market volume of 6.98 lakh crore rupees with weighted average rate of 5.26% on June 23, 2026.
Repo operation of ₹1,41,171 crore at 5.26% tenor 7 days and MSF of ₹1,048 crore a
India Govt Issues ₹28,000 cr GS Underwriting Auction
Government of India announced re‑issue of ₹28,000 crore of government securities via underwriting auction on 25 June 2026.
Two securities offered: 6.68% GS 2040 (₹17,000 cr) and 7.43% GS 2076 (₹11,000
RBI VRR Auction 5.26% Cutoff, 36,300 Cr
RBI announced results of overnight variable rate repo auction held on June 22, 2026.
The notified amount was ₹125,000 crore, but bids received totaled ₹36,300 crore, which were fully allotted.
The cut
Transcorp International AGM Approves 20% Dividend, 110% Profit Growth
Transcorp International's 31st AGM approved a 20% final dividend, bringing total FY26 payout to 30%, alongside key resolutions including director reappointments and executive compensation revisions.
F
RBI VRR Auction Allots ₹22,284 Cr @5.26%
On June 17 2026, RBI held its second 2‑day Variable Rate Repo auction, announcing a total notified amount of ₹50,000 crore.
Bids received totaled ₹22,284 crore, which were fully allotted at a cut‑off
RBI Conducts ₹50,000 Cr VRR Auction
RBI announced a second two‑day Variable Rate Repo auction under the Liquidity Adjustment Facility on June 17, 2026.
The auction will offer a notified amount of ₹50,000 crore for a two‑day tenor, with
RBI Announces ₹50,000 Cr VRR Auction
RBI will conduct a Variable Rate Repo auction under LAF on June 17, 2026, offering ₹50,000 crore for a 2‑day tenor.
The auction window is set from 9:30 AM to 10:00 AM, and the repo will be reversed on
Cranes Software FY26 Net Loss ₹2,006 Crore
Cranes Software reported a standalone net loss of ₹2,005.57 lakhs for FY26 and a consolidated net loss of ₹1,435.66 lakhs, with auditors issuing a qualified opinion.
Auditors qualified the results due
RBI Net Liquidity Absorption ₹1.74L Cr
RBI's money market operations on June 13, 2026 show zero transaction volumes across overnight and term segments.
Net liquidity injected from today's and outstanding operations totals a net absorption
RBI Announces ₹75,000 Cr Overnight VRR Auction
RBI will conduct an Overnight Variable Rate Repo auction of ₹75,000 crore on June 15, 2026.
The auction will have a 1‑day tenor, with bidding window from 9:30 AM to 10:00 AM on the same day.
Repo fund
RBI Money Market Volume ₹7.3 Lakh Cr
RBI reported total money market turnover of ₹7,29,928.13 crore on June 8 2026, with weighted average rate 5.19%.
Overnight segment dominated with ₹5,18,614.60 crore repo volume at 5.20% average, while
Emirates NBD Launches ₹117.35B RBL Bank Open Offer
Emirates NBD Bank makes mandatory open offer to acquire 26% of RBL Bank's expanded voting capital at ₹282.38 per share, totaling ₹117.35 billion.
Offer triggered by investment agreement for preferenti
RBI Approves Kotak Mahindra 9.99% City Union Stake
RBI approved Kotak Mahindra Bank to acquire up to 9.99% paid-up capital or voting rights in City Union Bank.
Approval is subject to compliance with Banking Regulation Act, FEMA, SEBI regulations, and
Kotak Mahindra Bank Gets RBI Nod for 9.99% J&K Bank Stake
RBI approves Kotak Mahindra Bank acquiring up to 9.99% stake in Jammu and Kashmir Bank.
Approval is valid for one year and subject to Banking Regulation Act and FEMA compliance.
Kotak must seek RBI ap