From October 12, 2026, RBI will meet the entire daily dollar needs of the three state-owned oil marketing companies through a special window, until further notice.
For you
The release says nothing about petrol, diesel or LPG prices, which are set separately. Its likely effect is indirect: by easing pressure on the rupee, it can help keep the cost of imports, including fuel, from rising further because of a weaker currency.
For businesses
IOC, HPCL and BPCL get assured dollar supply from RBI. Other importers may face somewhat less competition for dollars in the market, which can help steady the exchange rate. Banks that would normally sell dollars to the OMCs will see that flow move to RBI's designated bank or banks.
Holders of Sovereign Gold Bond 2020-21 Series VII who redeem early on October 19, 2026 (moved from the October 20 holiday) receive ₹14,614 for each unit, or one gram of gold.
RBI has approved the merger of Dubai-based Emirates NBD Bank's Indian branches into RBL Bank; from December 1, 2026, they will work as RBL Bank branches.
India ran a US$ 5.2 billion current account deficit in August 2026, but a US$ 83 billion inflow into NRI deposits gave an overall surplus of US$ 45.4 billion.
RBI's FAQs explain which currency hedges need the 20% Foreign Exchange Risk Reserve, how it is calculated, that it earns no interest, and which deals are left out.
RBI is asking services and infrastructure companies how business is going in October to December 2026 and what they expect for the next three quarters.
The daily plumbing Routine auctions, cash operations and data. Short explainers, same plain words.
Holders of Sovereign Gold Bond 2020-21 Series VII who redeem early on October 19, 2026 (moved from the October 20 holiday) receive ₹14,614 for each unit, or one gram of gold.
RBI has approved the merger of Dubai-based Emirates NBD Bank's Indian branches into RBL Bank; from December 1, 2026, they will work as RBL Bank branches.
India ran a US$ 5.2 billion current account deficit in August 2026, but a US$ 83 billion inflow into NRI deposits gave an overall surplus of US$ 45.4 billion.
RBI's FAQs explain which currency hedges need the 20% Foreign Exchange Risk Reserve, how it is calculated, that it earns no interest, and which deals are left out.
On September 30, 2026, banks held ₹284 lakh crore in deposits and had lent ₹230 lakh crore, with loans growing a little faster than deposits over the year.
RBI is asking services and infrastructure companies how business is going in October to December 2026 and what they expect for the next three quarters.
From October 12, 2026, RBI will meet the entire daily dollar needs of the three state-owned oil marketing companies through a special window, until further notice.
To keep the forex market orderly, RBI barred rebooking of cancelled rupee hedges, cut the no-proof hedging limit to $5 million and made banks park 20% of large dollar-buying hedges with it.
RBI has launched the July to September 2026 round of its quarterly survey asking manufacturers about orders, inventories and how much of their capacity they use.
An RBI working paper uses its household survey to estimate state-level urban inflation for April and May of 2020 and 2021, when official figures were never published.
In the October 9 auction, the government raised ₹36,000 crore: about 7.49% a year for a bond maturing in 2041 and about 7.80% for one maturing in 2076.
The government raised the full ₹36,000 crore. It will pay about 7.5% a year to borrow for 15 years and about 7.8% for 50 years. No dealer had to step in.
RBI has cancelled the registration of 13 finance companies, including Nakodar Finance and Booh Finance in Chennai and 11 in West Bengal, so they can no longer do NBFC business.
Ten finance companies in Delhi, Chennai, Kolkata, Guwahati, Indore and Mumbai handed back their NBFC licences, mostly because they are leaving the business, and RBI has cancelled them.
From October 8, 2026, Sri Mahatma Basaveshwar Co-operative Bank in Afzalpur, Karnataka, cannot lend, take deposits or let depositors withdraw money, for six months.
From October 8, 2026, The Tiruvalla Urban Co-operative Bank in Pathanamthitta, Kerala, cannot lend, take deposits or let depositors withdraw money, for six months.
Overnight rates averaged 5.33%, up from about 5.06%. RBI absorbed a net ₹4,27,594 crore, its most in this run, as its own windows moved up by 0.25 points.
RBI released its routine reserve money figures, covering currency in circulation and bank cash held with RBI, for the fortnight ended September 30, 2026.
RBI has taken Paytm Payments Bank off the Second Schedule of the RBI Act, so it is no longer a "scheduled bank", by a notification dated July 31, 2026.
RBI has finalised the Standardised Approach for Counterparty Credit Risk (SA-CCR), a newer way for large banks to measure exposure on derivatives. It takes effect on April 1, 2027.
RBI has finalised its Credit Valuation Adjustment (CVA) framework, which sets how much capital commercial banks must hold against losses if derivative counterparties weaken. It applies from April 1, 2027.
RBI's latest surveys show households expecting higher prices and slightly less confident, while forecasters raised 2026-27 growth to 7.1% and firms grew more upbeat.
Governor Sanjay Malhotra said a 0.25 point repo rate hike to 5.50% was needed as inflation broadens, while growth stays strong at a projected 7.1% and banks remain healthy.
Alongside the October rate hike, RBI said account aggregators will become interoperable, bank deposits can appear in your demat CAS, and a new financial markets committee will be set up.
All six MPC members voted to raise the repo rate from 5.25% to 5.50% as inflation picks up; the stance moves to 'calibrated tightening', so loan rates are likely to rise.
Full details of the October 6 state bond auction: 13 states and UTs were allotted ₹23,600 crore, with 203 small-investor bids accepted for ₹1,305 crore.
Restrictions on Motiram Agrawal Jalna Merchants Co-operative Bank in Jalna, Maharashtra, imposed in April 2026, are extended for the first time, until January 10, 2027.
RBI has promoted Sudhakar Malli, a career supervisor of banks and NBFCs, to Executive Director from October 1, 2026, in charge of supervisory assessment.
RBI's weekly data show reserves dropped sharply in the week to September 25, 2026, while banks kept parking ₹1.8 to ₹3.1 lakh crore of spare cash with RBI daily.
Of 16,844 applications RBI processed under its Citizen's Charter in September 2026, 16,822 were within the promised timeline; 2,666 were pending at month-end.
States and Union Territories expect to borrow ₹3,60,820 crore in the October to December quarter. RBI also widens a benchmark scheme to seven more states.
The government will sell ₹8,000 crore of 91-day, ₹8,000 crore of 182-day and ₹7,000 crore of 364-day Treasury bills on October 7. Payment on October 8.
RBI will let mutual funds, insurers and pension funds get a single approval to buy up to 10% of a bank repeatedly, instead of asking afresh each time their stake dips below 5% and rises again.
The government raised the full ₹33,000 crore. It will pay about 6.8% for 3 years, 7.2% for 7 years and about 7.7% for 30 years. No dealer had to step in.
India earned US$ 35.5 billion from services exports in August 2026 and paid US$ 18.9 billion for services imports, leaving a surplus of about US$ 16.5 billion.
Non-food bank credit rose 18.8% in the year to August 31, 2026, against 10.2% a year earlier, with services, industry, farms and personal loans all growing faster.
Before the October 1 bond auction, RBI set what each Primary Dealer must underwrite: ₹72 crore to ₹286 crore a bond, as a safety net for the government.
RBI's fortnightly statement shows banks held ₹276.2 lakh crore in deposits and had lent ₹223.3 lakh crore on September 15, 2026, both well up on a year ago.
Overnight rates averaged 5.05%. RBI absorbed a net ₹3,27,407 crore: ₹1.53 lakh crore through two VRRR rounds and ₹1.80 lakh crore at its deposit window.
An RBI advisory committee recommends an 11.2% rise in the short-term credit RBI gives state governments, yearly revisions capped at 4%, and tighter limits on staying in overdraft.
The full results show banks bid about 3.8 times what 12 states sought on September 29. Small investors got ₹785 crore through the non-competitive route.
The government will sell four bonds worth ₹33,000 crore on October 1, from a 3-year bond to 30-year bonds including a green bond. Payment is due October 5.