A. Certificates of Authorisation issued by the Reserve Bank of India under the Payment and Settlement Systems Act, 2007 for Setting up and Operating Payment System in India The Payment and Settlement Systems Act, 2007 along with the Board for Regulation and Supervision of Payment and Settlement Systems Regulations, 2008 and the Payment and Settlement Systems Regulations, 2008 have come into effect…
Today, the Reserve Bank released the results of 49th round of its quarterly Services and Infrastructure Outlook Survey (SIOS) conducted during Q1:2026-27. This forward-looking survey 1 captures qualitative assessment and expectations of Indian companies engaged in the services and infrastructure sectors on a set of business parameters relating to demand conditions, price situation and other…
Today, the Reserve Bank released the results of July 2026 round of its bi-monthly Rural Consumer Confidence Survey (RCCS) 1 2 . The survey collects current perceptions (vis- -vis a year ago) and one year ahead expectations of households, on general economic situation, employment scenario, overall price situation, own income and spending, besides information on inflation. The survey was conducted…
Today, the Reserve Bank released the results of July 2026 round of its bi-monthly Inflation Expectations Survey of Households (IESH) 1 2 . The survey was conducted during July 11-20, 2026, in 19 major cities, with 5,905 responses. Highlights: The current median inflation perception of households remained unchanged at 7.8 per cent as compared to the previous round [ Charts 1a and 1b ; Table 3 ].…
Today, the Reserve Bank released the results of July 2026 round of its bi-monthly urban consumer confidence survey (UCCS) 1 . The survey collects current perceptions (vis- -vis a year ago) and one year ahead expectations of households on general economic situation, employment scenario, overall price situation, own income and spending. The survey was conducted during July 11-20, 2026, covering…
Today, the Reserve Bank released the results of its 73rd round of the quarterly Order Books, Inventories, and Capacity Utilisation Survey (OBICUS), which was conducted during Q1:2026-27 and covered 1127 manufacturing companies. The survey 1 provides a snapshot of the demand conditions in India's manufacturing sector during January-March 2026. Highlights: At the aggregate level, capacity…
Today, the Reserve Bank released the results of 36 th round of its quarterly Bank Lending Survey (BLS) 1 , which captures qualitative assessment and expectations of major scheduled commercial banks 2 on credit parameters (viz., loan demand as well as terms and conditions of loans) for major economic sectors. The latest round of the survey, which was conducted during Q1:2026-27, collected senior…
Today, the Reserve Bank released the results of 114th round of its quarterly industrial outlook survey (IOS). The survey 1 encapsulates qualitative assessment of the business climate by Indian manufacturing companies for Q1:2026-27 and their expectations for Q2:2026-27 as well as outlook on select parameters for the subsequent two quarters. A total of 1,202 companies responded in this round of the…
The Reserve Bank has been conducting the survey of professional forecasters (SPF) since September 2007. Forty six panellists participated in the 101st round of the bi-monthly survey conducted during July 2026. The survey results are summarised in terms of their median forecasts and summary statistics are presented in Annexes 1-7 . Highlights: 1. Output Real gross domestic product (GDP) is expected…
Contents Sections I. Regulation II. Financial Inclusion Index III. Supervision IV. Publications V. Data Releases & Surveys Volume XXII | Issue 4 | July 2026 MONETARY & CREDIT INFORMATION REVIEW Note from the Editor The July issue of the Monetary & Credit Information Review captures a defining moment for the banking sector, marked by the Reserve Bank's half-yearly meeting with MD & CEOs of Public…
