State Governments Raise ₹26,590 Crore in Recent Auction
State governments raised ₹26,590 crore in a yield-based auction, led by various states including Tamil Nadu and Madhya Pradesh.
Banking & Finance
RBI Issues Third Amendment on Priority Sector Lending Criteria
The RBI has revised parameters for Priority Sector Lending, effective immediately, impacting certain deposit advances.
RBI Amends Priority Sector Lending Exemption Dates for Banks
RBI modifies deadlines for Priority Sector Lending exemptions in a latest amendment, effective immediately.
RBI Seeks Public Feedback on Draft KYC Amendment Directions 2026
RBI invites comments on proposed changes to KYC directions regarding money mule fraud.
RBI Penalizes Sammaan Finserve Limited for Reporting Failures
RBI imposes ₹4.20 lakh penalty on Sammaan Finserve for non-compliance with credit reporting regulations.
RBI Eases Reporting Rules for Non-Resident Bank Accounts
RBI has removed certain reporting requirements for authorised dealers regarding non-resident bank accounts effective immediately.
RBI Amends Directions for Urban Co-operative Banks’ Investment Portfolios
RBI’s latest amendment allows Urban Co-operative Banks to invest in digital payment platforms.
Reserve Bank of India Hosts Conference for Cooperative Societies Registrars
RBI’s conference discusses governance and cooperation in cooperative banks on September 1, 2026.
RBI Announces NBFCs in Upper Layer for 2026-27
RBI releases list of Non-Banking Financial Companies classified in the Upper Layer under new Scale Based Regulation for 2026-27.
RBI Imposes ₹40,000 Penalty on Kedarnath Urban Co-operative Bank
RBI penalizes Kedarnath Urban Co-operative Bank, Latur, for KYC non-compliance and operational violations.