June 20, 2026

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RBI

18
Jun

RBI/2026-27/115 (Delhi)
Reserve Bank of India (Commercial Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/116 (Delhi)
Reserve Bank of India (Small Finance Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/117 (Delhi)
Reserve Bank of India (Payments Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/118 (Delhi)
Reserve Bank of India (Local Area Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/119 (Delhi)
Reserve Bank of India (Regional Rural Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/120 (Delhi)
Reserve Bank of India (Urban Co-operative Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/134 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/126 (Delhi)
Reserve Bank of India (Small Finance Banks – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/131 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/121 (Delhi)
Reserve Bank of India (Rural Co-operative Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/122 (Delhi)
Reserve Bank of India (All India Financial Institutions - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/132 (Delhi)
Reserve Bank of India (Commercial Banks- Prudential Norms on Capital Adequacy) Ninth Amendment Directions, 2026

18
Jun

RBI/2026-27/136 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Prudential Norms on Capital Adequacy) Third Amendment Directions, 2026

18
Jun

RBI/2026-27/137 (Delhi)
Reserve Bank of India (Small Finance Banks – Prudential Norms on Capital Adequacy) Sixth Amendment Directions, 2026

18
Jun

RBI/2026-27/135 (Delhi)
Reserve Bank of India (Regional Rural Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/138 (Delhi)
Reserve Bank of India (Commercial Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/139 (Delhi)
Reserve Bank of India (Small Finance Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/143 (Delhi)
Reserve Bank of India (Rural Co-operative Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/141 (Delhi)
Reserve Bank of India (Local Area Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/142 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

Notification No. FEMA. 395(4)/2026-RB (Delhi)
Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Amendment) Regulations, 2026

18
Jun

RBI/2026-27/114 (Delhi)
Liberalisation of Foreign Portfolio Investment under Schedule III of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019

18
Jun

RBI/2026-27/124 (Delhi)
Reserve Bank of India (Housing Finance Companies) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/128 (Delhi)
Reserve Bank of India (Regional Rural Banks – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/129 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/114 (Delhi)
Liberalisation of Foreign Portfolio Investment under Schedule III of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019

18
Jun

RBI/2026-27/123 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/125 (Delhi)
Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) Third Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/127 (Delhi)
Reserve Bank of India (Payments Banks – Undertaking of Financial Services) Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/130 (Delhi)
Reserve Bank of India (Rural Co-operative Banks – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/140 (Delhi)
Reserve Bank of India (Regional Rural Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/133 (Delhi)
Reserve Bank of India (All India Financial Institutions – Prudential Norms on Capital Adequacy) Third Amendment Directions, 2026

17
Jun

RBI/2026-27/105 (Delhi)
Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/103 (Delhi)
Reserve Bank of India (Small Finance Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/104 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/111 (Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Eighth Amendment Directions, 2026

17
Jun

RBI/2026-27/106 (Delhi)
Reserve Bank of India (Regional Rural Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/107 (Delhi)
Withdrawal of 2000 Denomination Banknotes from circulation: Consolidation of instructions

17
Jun

RBI/2026-27/109 (Delhi)
Reserve Bank of India (Commercial Banks – Credit Facilities) Third Amendment Directions, 2026

17
Jun

RBI/2026-27/110 (Delhi)
Reserve Bank of India (Commercial Banks – Concentration Risk Management) Third Amendment Directions, 2026

17
Jun

RBI/2026-27/112 (Delhi)
Reserve Bank of India (Small Finance Banks – Credit Facilities) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/113 (Delhi)
Reserve Bank of India (All India Financial Institutions – Credit Facilities) Amendment Directions, 2026

17
Jun

RBI/2026-27/108 (Delhi)
Withdrawal of old series of banknotes issued prior to 2005: Consolidation of instructions

15
Jun

RBI/2026-27/100 (Delhi)
Swap Facility for External Commercial Borrowings and Overseas Foreign Currency Borrowings

15
Jun

RBI/2026-27/101 (Delhi)
NOP-INR position of Authorised Dealer Category-I banks

15
Jun

RBI/2026-27/102 (Delhi)
Reserve Bank of India (Commercial Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

15
Jun

RBI/2026-27/99 (Delhi)
Swap Facility for FCNR (B) Deposits

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INDIAN ECONOMY

RBI MPC minutes: 'Energy prices unlikely to return to pre-conflict levels,' says economist Saugata Bhattacharya

The Reserve Bank of India's Monetary Policy Committee (MPC) unanimously kept the repo rate unchanged at 5.25% with a neutral stance at its June 2026 meeting, with external member Saugata Bhattacharya flagging mounting inflationary risks and calling for a risk management approach to monetary policy, according ...

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India, Uzbekistan aim to double bilateral trade in 3 years

India and Uzbekistan have agreed to deepen trade, address non-tariff barriers and work towards doubling bilateral trade in next three years, the government said Friday, adding that pharmaceuticals, medical devices, auto and machinery are some sectors where New Delhi can increase its exports. The issues wer...

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Yuan or Dollar? Indian businesses explore alternatives as import costs climb

As a weakening rupee drives up the cost of imports from China, some Indian businesses, as reported earlier by The Economic Times, are exploring yuan-denominated settlements to mitigate foreign exchange pressures. However, exporters, risk experts, and economists tell ET Digital that adoption of the practice...

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Russia urea project on track, soil nutrient supplies to India intact: Ambassador

India-Russia joint venture urea manufacturing project is on track, Russia’s Ambassador to India Denis Alipov said on Friday. Moscow is committed to ensuring uninterrupted supplies of various soil nutrients to the India, he added. The project, which will be located in Togliatti, Samara, Russia, involves ure...

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Watchful on inflation risks, economy stable: Sanjay Malhotra

All six members of the RBI Monetary Policy Committee voted unanimously to keep the repo rate unchanged at 5.25% at its June 3-5 meeting, favouring to adopt a “wait and watch” approach rather than making a pre-emptive policy pivot amid global uncertainties and elevated crude oil prices. According to minutes...

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Textile exporters see tripling of UK market share to 15% post India-UK trade pact

India’s textile and apparel exporters expect the India-UK Comprehensive Economic and Trade Agreement (CETA) to create fresh growth opportunities, with industry players projecting double-digit growth in export volumes and India’s share of the UK textile market rising threefold to 10-15% over time. The clar...

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MARKET & FINANCE

Weekly Inflows Into Global Equity Funds Hit 19-Month Highs on Iran Deal Optimism

Investors poured the most capital in roughly 19 months into global equity funds in the week to June 17, buoyed by optimism over an interim deal to end the U.S.-Iran war and expectations that reopening the Strait of Hormuz could help ease inflationary pressures. They bought a net $55.22 billion of global eq...

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India 10-year yield snaps 6-day falling streak as US-Iran talks stall

India's benchmark 10-year bond yield snapped a six-session decline on Friday, as a halt in U.S.-Iran peace talks slowed oil's retreat and curbed risk appetite, while some investors locked in gains after a recent rally in prices. Brent crude inched higher in Asian trade, briefly rising past $80 a barrel, af...

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India’s forex reserves fall $9.99 billion to $671.63 billion as of June 12

India’s foreign exchange reserves fell by $9.99 billion to $671.63 billion in the week ended June 12, 2026, according to data released by the Reserve Bank of India (RBI) on Friday. Foreign currency assets (FCAs), the largest component of the reserves, rose by $846 million to $544.29 billion during the week...

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Credit registry for microfinance institutions

Recordent, a credit risk and collections platform, has rolled out a credit registry for Section 8 Microfinance Institutions (MFIs) to improve credit visibility and strengthen risk assessment. The MFI Credit Registry will enable participating institutions to share and access borrower loan data through a com...

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Jio Platforms files DRHP for India’s biggest IPO: 5 key highlights investors must know

The much-awaited Jio IPO DRHP has been filed. It’s expected to be the biggest IPO ever, and the company has said it will issue up to 27 crore fresh equity shares. The Mukesh Ambani-led telecom major aims to raise proceeds towards the re-payment of its outstanding debt and deploy capital towards general cor...

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GLOBAL CORPORATE

China Tightens Indium Export Checks as AI Demand Increases

China is stepping up scrutiny over exports of indium, leading some buyers to fear the niche metal, sought after for next-generation data centers, may be added to the export control regime that has become one of Beijing's most potent trade weapons. China produces nearly 70% of the world's indium, a byproduc...

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INCOME TAX

Before you use ChatGPT or Claude to file your ITR this July, read this first

Tax season is underway, and as Al adoption gathers pace, several professionals are taking to LinkedIn to share how Al tools have helped them file their income tax returns. One widely discussed post came from a data security analyst who claimed Anthropic's Claude read his Form 16, cross-checked details with th...

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Banking

Banks raise FCNR(B) deposit rates again

Punjab National Bank has increased the interest rate on FCNR(B) deposits of $1 million and above to 6.60% for tenures of three to five years. For deposits of less than $1 million, the public sector bank is now offering 6.50% per annum. Earlier the bank was offering rates in the range of 6-6.10%....

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RBI seeks daily reporting of FCNR (B) deposits, ECB data

The Reserve Bank of India (RBI) has asked banks to report data on FCNR (B) deposits, external commercial borrowings and overseas foreign currency borrowings daily, it said in a notification on Friday. On June 8, the RBI launched the swap facility for FCNR (B) deposits and ECBs. It would absorb the full hed...

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GLOBAL ECONOMY

Higher Inflation Drives Jump in UK Budget Deficit in May

British government borrowing jumped much more sharply than expected in May as higher inflation pushed up the cost of servicing index-linked debt, in unwelcome news for the public finances....

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Take Five: the Economic Consequences of the Peace

A U.S. Iran deal is in place for now but the next few weeks will test whether a more permanent agreement can be reached. Key U.S. and Australian economic data are due, Colombians head to the polls, and London hosts a major clim...

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Simplifying Europe's Bank Rules Could Unlock €2 Trillion in Lending, Industry Says

Europe's banking sector could boost lending by more than €2 trillion ($2.2 trillion) if regulators were to simplify rules while maintaining financial resilience, the head of Spanish banking association AEB, Alejandra Kindelan, sai...

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Europe's Mid-Sized Inflation Shock Requires Measured Response, ECB's Lane Says

The euro zone economy is in the midst of a mid-sized inflation shock, with inflation holding above 3% for the rest of the year, a situation that requires a "measured" policy response, European Central Bank Chief Economist Philip L...

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Russian Central Bank Trims Rate by 25 Bps to 14.25% Amid Fuel Supply, Budget Risks

The Russian central bank cut its benchmark interest rate by 25 basis points to 14.25% on Friday, a smaller move than the 50 bps that analysts had expected, citing risks stemming from soft budget policy and a decline in fuel produc...

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Japan to Target $2.3 Trillion Public-Private Investment by 2040, Nikkei Reports

Japan plans to set a target of about $2.3 trillion in combined public and private investment by 2040 across 17 strategic sectors as part of Prime Minister Sanae Takaichi's new growth strategy, the Nikkei reported on Friday....

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INDIAN CORPORATE

Reliance AGM 2026: Jio IPO filing, AI push, satellite internet and new manufacturing plans take centre stage

Reliance Industries’ leadership made several major announcements at the company’s 49th Annual General Meeting on Friday. Jio Platforms filing a draft red herring prospectus (DRHP) for its initial public offering (IPO) was the bigg...

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Reliance eyes $150-billion export play in growth push

Reliance Industries Ltd (RIL) is accelerating its transformation into a global manufacturing and export powerhouse, with plans to scale its consumer goods, retail, electronics and renewable energy businesses into large internation...

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Reliance Consumer targets Rs 1 lakh crore topline by FY30

Reliance Consumer Products (RCPL) has set an ambitious target of achieving Rs 1 lakh crore in revenue by FY30, positioning itself among the fastest-growing FMCG companies in the country, Isha Ambani, executive director at Reliance...

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GST

Punjab starts auction of properties of VAT, GST defaulters

Punjab finance, planning, and excise & taxation minister Harpal Singh Cheema on Friday said the state govt has intensified its recovery drive against tax defaulters by initiating public auctions of properties belonging to "chronic VAT and GST evaders." "In a decisive move to recover long-pending dues, the ...

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SEBI

Sebi board approves reintroducing open-market window for share buybacks from August 1

Markets regulator Sebi on Friday said that its board has approved a proposal to reintroduce open-market buybacks. The new mechanism will come into effect from August 1, Sebi chief Tuhin Kanta Pandey said at a press conference. ...

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SEBI to analyse barriers for longer-tenure derivatives

The Securities and Exchange Board of India (Sebi) will discuss with market players about longer-tenure derivatives contract. Though there are no regulatory restrictions on introducing longer-term contracts, the regulator said it n...

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