RBI's Third Amendment Directions for Commercial Banks Revealed
The RBI announces Third Amendment Directions impacting deposit interest rates for Commercial Banks, allowing for a competitive boost by lifting prior rate ceilings.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI announces Third Amendment Directions impacting deposit interest rates for Commercial Banks, allowing for a competitive boost by lifting prior rate ceilings.
The RBI's Third Amendment Directions lifted the interest rate ceilings on small finance banks' deposits, aimed at enhancing the competitive landscape.
The RBI has enacted the Third Amendment Directions regarding interest rates for deposits in Local Area Banks, lifting the ceiling on interest rates on fresh deposits to foster competitiveness in the sector.
The RBI implemented Third Amendment Directions on interest rates for deposits in Regional Rural Banks, temporarily lifting previous ceilings to aid financial growth and depositor attraction.
The RBI has released the Third Amendment Directions to modify the interest rate structure for deposits in Urban Co-operative Banks. This amendment allows for the suspension of interest rate ceilings, enhancing banks' competition capabilities.
The Reserve Bank of India has issued Second Amendment Directions regarding interest rates on deposits for Rural Co-operative Banks. The update temporarily withdraws the ceiling on interest rates for fresh deposits effective from the dates specified in earlier Directions.
The RBI announced the cut-off prices and implicit yields for its recent auction of 91-day, 182-day, and 364-day Treasury Bills, reflecting current market conditions.
The results of the recent Treasury Bills auction conducted in August 2026 indicate significant participation and pricing.
The Reserve Bank of India provides insights into the money market operations as of August 27, 2026, reflecting liquidity positions and market trends.
The RBI conducted an underwriting auction on August 28, 2026, setting the cut-off rates for Primary Dealers on competitive underwriting of certain Government securities. This is a key development in the management of government securities.
The Government has appointed Janmejaya Kumar Sinha, Syed Akbaruddin, and Annie George Mathew as part-time Non-official Directors on the RBI Central Board.
The Reserve Bank of India conducted an Overnight Variable Rate Reverse Repo auction, accepting ₹1,42,622 crores at a cut-off rate of 5.24%. This highlights ongoing liquidity management efforts.