RBI penalises Repco Home Finance over Fair Practice Code interest-rate disclosure
HFC and NBFC compliance teams must disclose their risk-gradation approach and interest-rate rationale in application forms and sanction letters
RBI
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RBI penalises IIFL Samasta over KYC suspicious-transaction software and fraud-reporting gaps
NBFC FinCrime and financial-reporting teams must check their suspicious-transaction detection software and fraud-disclosure accuracy against the gaps RBI penalised
Reserve Bank of India imposes penalty on True Credits Private Limited
Compliance teams under the RBI KYC Directions must perform and evidence Enhanced Due Diligence for customers onboarded through non-face-to-face modes
Reserve Bank of India issues final amendment directions on lending to REITs and InvITs
Commercial-bank, small-finance-bank and AIFI credit and capital teams must apply RBI's Final Amendment Directions before extending or increasing finance to REITs and InvITs
RBI exempts swap-eligible FCNR(B) deposits at small finance banks from CRR and SLR
Small finance bank treasury and regulatory-reporting teams must apply the CRR/SLR exemption to swap-eligible fresh FCNR(B) deposits from the reporting fortnight beginning 1 July 2026 and update Form A reporting accordingly
RBI exempts swap-eligible FCNR(B) deposits from CRR and SLR maintenance
Commercial bank treasury and regulatory-reporting teams must apply the CRR/SLR exemption to swap-eligible fresh FCNR(B) deposits from the reporting fortnight beginning 1 July 2026 and update Form A reporting accordingly
RBI lets AD banks exclude swap-facility positions from NOP-INR limit compliance
AD Category-I bank treasury and risk teams may exclude FCNR(B) and ECB/OFCB swap-facility positions from NOP-INR limit calculations, and must update position-monitoring logic accordingly
RBI introduces USD-INR swap facility for PSU external commercial borrowings and bank overseas borrowings
AD Category-I bank treasury teams can swap eligible PSU ECB and bank OFCB inflows into USD with RBI at a fixed 1.5% premium, but must file a hedging declaration and act before the 15 January 2027 window closes
RBI introduces USD-INR swap facility for fresh FCNR(B) deposits
AD Category-I bank treasury teams can swap fresh 3-to-5-year FCNR(B) deposits into USD with RBI at the FBIL rate, but must maintain separate records, file a conformity declaration, and act before the 16 October 2026 window closes
Reserve Bank of India shortens the export-proceeds realisation period to nine months from fifteen
Exporters and their Authorised Dealer banks must realise and repatriate the affected export proceeds within nine months, down from fifteen, under the amended FEMA Export of Goods and Services Regulations.
Reserve Bank of India removes FPI limits on government securities under the General Route
AD Category‑I banks must process General Route FPI investments under the revised single limits without applying the removed short‑term, security‑wise or concentration caps.
Reserve Bank of India fixes premature redemption price for Sovereign Gold Bond 2021-22 Series-III
Premature SGB redemptions settle at INR 15,512 per unit on 08 June 2026 — SGB registrars and paying agents must process redemptions at that price