RBI Updates on Interest Rates for Rural Co-operative Banks
The RBI has issued directions updating the interest rates applicable to deposits held by Rural Co-operative Banks, aligning with the recent regulatory framework.
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The RBI has issued directions updating the interest rates applicable to deposits held by Rural Co-operative Banks, aligning with the recent regulatory framework.
The RBI has released the results of the State Government Securities auction conducted on September 08, 2026, detailing various re-issues of securities from the states, highlighting the financial landscape and capital raising efforts.
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The RBI has set the redemption price for the Sovereign Gold Bond (SGB) 2020-21 Series VI, allowing premature redemption with the next due date on September 08, 2026. Pricing will be based on the simple average of closing prices of gold from September 02-08.
RBI has released a second amendment to the directions regarding the classification, valuation, and operation of urban co-operative banks' investment portfolios. The amendment clarifies guidelines on the investment in non-SLR securities.
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The RBI has introduced the Fourth Amendment Directions regarding the Cash Reserve Ratio and Statutory Liquidity Ratio for rural co-operative banks, aiming to facilitate compliance and effective capital management.
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