RBI weekly summary
RBI updates 31 August-6 September 2026: UCB equity, CIMS return
RBI let urban co-operative banks buy IDPIC equity, replaced the monthly calamity-relief return with a half-yearly CIMS filing, and fined CICs and NBFCs.
The week in brief
What changed
Urban Co-operative Banks may invest in equity shares of the Indian Digital Payment Intelligence Corporation to take membership. The Second Amendment Directions take effect immediately.
Regulated entities must file a half-yearly CIMS return on natural-calamity relief within 30 days of 30 September and 31 March. The monthly scheduled commercial bank return stops from 1 July 2026.
AD Category-I banks no longer file the annual list of branches holding rupee accounts of non-resident banks, or unadjusted five-day overdrawals by overseas correspondents.
RBI fined TransUnion CIBIL ₹26.83 lakh, CRIF High Mark ₹6.90 lakh and Equifax ₹1.19 lakh for delayed customer-compensation credits, and fined Hinduja Leyland Finance and Sammaan Finserve for microfinance pricing and CRILC reporting failures.
RBI ran large VRRR auctions to absorb surplus liquidity, including a ₹6 lakh crore 15-day operation on 31 August and a ₹7 lakh crore 30-day auction set for 7 September.
The Q1 2026-27 current account deficit was US$ 4.2 billion, or 0.5 percent of GDP. RBI also released July services trade and sectoral bank credit data.
Complied AI condensed the week's RBI records into the points above. Use the inline links to check each underlying update.
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