India’s financial sector saw multiple regulatory and banking updates. The RBI issued guidelines on Ways and Means Advances (WMA) for states/UTs and amended prudential capital adequacy norms for commercial banks. SEBI simplified accreditation requirements for investors, while Bank of Baroda maintained its one-year MCLR at 8.75%, signaling stability in lending rates.
India’s financial regulators and leading banks announced significant updates shaping the country’s monetary and market landscape.
The Reserve Bank of India (RBI) released revised norms on Ways and Means Advances (WMA), ensuring smoother short-term liquidity support for state governments and union territories. Additionally, the RBI amended prudential capital adequacy directions (2026) for commercial banks, strengthening resilience and compliance with Basel standards.
Meanwhile, the Securities and Exchange Board of India (SEBI) issued a circular simplifying the requirements for investor accreditation, aimed at broadening participation and reducing procedural hurdles for qualified investors.
On the banking front, Bank of Baroda announced that it will maintain its one-year Marginal Cost of Funds-based Lending Rate (MCLR) at 8.75%, signaling stability in borrowing costs for retail and corporate customers.
Key Highlights:
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RBI WMA Update: Enhanced liquidity support for states/UTs.
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RBI Capital Adequacy Amendment: Strengthens prudential norms for commercial banks.
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SEBI Circular: Simplifies accreditation process for investors.
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Bank of Baroda: Maintains one-year MCLR at 8.75%.
These developments reflect India’s continued focus on financial stability, investor confidence, and accessible credit.
Sources: RBI Press Release, SEBI Circular, Bank of Baroda Statement, Economic Times