Banking and RBI
RBI issues draft Securitisation Transactions Amendment Directions
27 July 2026 | Reserve Bank of India
The RBI issued on 27 July 2026 draft Amendment Directions on Securitisation Transactions for public comments, to improve efficiency, liquidity and transparency in issuance and subsequent transfer of Securitisation Notes (SNs). Separate drafts cover commercial banks, small finance banks, NBFCs and All India Financial Institutions.
Comments are invited by 27 August 2026 through the Connect2Regulate section of the RBI website.
Key facts- Draft issued: 27 July 2026
- Comments due: 27 August 2026
- Aim: efficiency, liquidity and transparency in Securitisation Notes
- Entities covered: banks, SFBs, NBFCs, AIFIs
Exam takeaway: Securitisation Notes are instruments issued in securitisation transactions.
Quick revision: RBI draft securitisation directions; comments by 27 August (RBI, 27 July 2026).
Reserve Bank of India original sourceBanking and RBI
RBI 3-day VRR auction result: Rs 12,720 crore allotted at 5.26 per cent
27 July 2026 | Reserve Bank of India
In the 3-day VRR auction held on 27 July 2026, against a notified amount of Rs 75,000 crore, bids of Rs 12,720 crore were received and fully allotted.
The cut-off rate and weighted average rate were both 5.26 per cent.
Key facts- Notified: Rs 75,000 crore
- Bids received and allotted: Rs 12,720 crore
- Cut-off rate: 5.26%
- Tenor: 3 days
Exam takeaway: Low bids against the notified amount show limited demand for the auction.
Quick revision: 3-day VRR result of 27 July 2026: Rs 12,720 crore at 5.26% (RBI).
Reserve Bank of India original sourceBanking and RBI
Rabobank ceases to be a banking company under Section 36A(2) of the BR Act
27 July 2026 | Reserve Bank of India
The RBI said on 27 July 2026 that Coöperatieve Rabobank U.A. has ceased to be a banking company within the meaning of the Banking Regulation Act, 1949, under a notification dated 24 June 2026 published in the Gazette of India on 2 July 2026.
Key facts- Entity: Coöperatieve Rabobank U.A.
- Provision: Section 36A(2), BR Act, 1949
- Notification date: 24 June 2026
- Gazette publication: 2 July 2026
Exam takeaway: Section 36A of the BR Act deals with applicability of certain provisions to banking companies.
Quick revision: Rabobank ceases to be a banking company (RBI, 27 July 2026).
Reserve Bank of India original sourceReports, Indices, Science and Technology
MoSPI trial Index of Services Production covers 19 sub-sectors
27 July 2026 | Press Information Bureau
PIB said MoSPI released the trial Index of Services Production (ISP) on 14 July 2026. It covers 19 sub-sectors using monthly GST outward supplies data and other administrative data, and trial releases seek stakeholder feedback on the methodology.
The ISP covers the formal sector. The Annual Survey of Unincorporated Sector Enterprises (ASUSE) measures the unincorporated sector and publishes quarterly and annual results.
Key facts- Trial ISP released: 14 July 2026
- Sub-sectors covered: 19
- Data: GST outward supplies and administrative data
- Unincorporated sector survey: ASUSE
Exam takeaway: The ISP is a services-sector counterpart of the IIP.
Quick revision: Trial Index of Services Production, 19 sub-sectors (PIB, 27 July 2026).
Press Information Bureau original source