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RBI weekly summary

RBI updates 17-23 August 2026: 5.25% repo hold, NBFC penalties

RBI applied fresh UNSC sanctions-list amendments, published MPC minutes holding the repo rate at 5.25 percent, and fined two NBFCs for KYC failures.

Week
17-23 August 2026
Source records reviewed
48

The week in brief

What changed

  1. 01

    Three Section 51A notifications updated the UNSC ISIL (Da'esh) and Al-Qaida sanctions list, first amending four entries and then 21 more. Regulated entities must not keep accounts for listed persons and must refresh screening files.

  2. 02

    Minutes of the 3-5 August MPC meeting record a unanimous hold of the policy repo rate at 5.25 percent, with SDF at 5.00 percent and MSF and Bank Rate at 5.50 percent.

  3. 03

    RBI fined Progfin Private Limited ₹2.70 lakh for missing six-monthly KYC risk reviews and Shri Ram Finance Corporation Private Limited ₹8.10 lakh for a change-in-management approval failure, missing customer risk categories and delayed CKYCR uploads.

  4. 04

    Liquidity operations were overnight, 3-day and 7-day Variable Rate Reverse Repo auctions under LAF, with notified amounts from ₹50,000 crore to ₹1.5 lakh crore.

  5. 05

    The Centre sold dated securities of ₹28,000 crore (7.06% GS 2041 and 7.43% GS 2076). State development loans and T-bill auctions ran on the usual calendar.

  6. 06

    RBI published the premature-redemption window for Sovereign Gold Bond 2019-20 tranches from October 2026 to March 2027, with requests due at receiving offices, depositories or RBI Retail Direct.

Complied AI condensed the week's RBI records into the points above. Use the inline links to check each underlying update.

View all 48 records