Bank • NBFC • FinTech | The BNF Arena

BNPP AM Prime’s Pascal Christory: ‘There won’t be enough capital for everybody’ https://www.pehub.com/bnpp-am-primes-pascal-christory-there-wont-be-enough-capital-for-everybody/ Concentration at the top of the fundraising charts is one factor driving interest in GP stakes, he tells PE Hub. The post BNPP AM Prime’s Pascal Christory: ‘There won’t be enough capital for everybody’ (https://www.pehub.com/bnpp-am-primes-pascal-christory-there-wont-be-enough-capital-for-everybody/) appeared first on PE Hub (https://www.pehub.com/).

Office 2, Floor 4,5,6 and 7, Wing A, Block A, Salarpuria Softzone, Service road, Green Glen Layout, Bellandur, Bangalore South, Bangalore, Karnataka- 560103 Bharat Bill Payment Operating Unit (BBPOU) under Bharat Bill Payment System (BBPS) 03.03.2022 Cards Payment Networks 1. American Express Banking Corp., USA American Express Banking Corp., 200 Vesey Street MC 01-39-12 New York, NY USA 10285. Affiliation of credit cards/debit cards/prepaid cards issued by banks and co-branded credit cards issued by non-banking financial companies (NBFCs) or any other entity approved by the Reserve Bank of India. 31.03.2009 2. Diners Club International Ltd., USA Diners Club International Ltd. 2500, Lake Cook Road River woods, Illinois (IL) – 60015, U S A. Affiliation of credit card issued by banks or any other entity approved by the Reserve Bank of India. 30.06.2010 3. MasterCard Asia/ Pacific Pte. Ltd., Singapore (Earlier MasterCard International Incorporated, USA was performing this activity) Mastercard Asia/ Pacific Pte. Ltd, 3 Fraser Street, DUO Tower, #17-21/28, Singapore 189352 Affiliation of credit cards/ debit cards/ prepaid cards issued by banks and co-branded credit cards issued by non-banking financial companies (NBFCs) or any other entity approved by the Reserve Bank of India. 01.12.2014 4. National Payments Corporation of India National Payments Corporation of India, 1001A, B wing, 10th Floor, The Capital, Bandra-Kurla Complex, Bandra (East) Mumbai–400 051. Affiliation of RuPay Cards (debit cards/ prepaid cards) issued by banks and co-branded credit cards issued by non-banking financial companies (NBFCs) or any other entity approved by the RBI. 12.07.2012 5. Visa Worldwide Pte. Limited, Singapore (Earlier Visa International Service Association, USA was performing this activity) Visa Worldwide Pte. Limited, 71, Robinson Road, #08-01, Singapore (068895). Affiliation of credit cards/ debit cards/ prepaid cards issued by banks and co-branded credit cards issued by non-banking financial companies (NBFCs) or any other entity approved by the RBI. 01.04.2010 Cross border Money Transfer – in-bound only 1. Bahrain Financing Company, BSC (C) Bahrain Financing Company, BSC (c), Bab AL Bahrain Building, Bab AL Bahrain Avenue, Government Road, P.O Box 243 Manama, Bahrain Money Transfer Service (MTSS)– cross border in-bound service (customer to customer) known as “EzRemit” 30.09.2009 2. Dandelion Payments Inc. (formerly Continental Exchange Solutions Inc, USA) Dandelion Payments Inc. 7000, Village Drive, Suite 200, Buena Park, US-CA 90621 MTSS- cross border in-bound service (customer to customer) known as “Ria Money Transfer” 28.04.2014 (Valid upto 31.03.2027) 3. MoneyGram Payment Systems Inc, USA. MoneyGram Payment Systems Inc. Regus, Level 4, Dynasty Business Park, A Wing

Bandra (East), Mumbai–400 051. Bharat Bill Payment Central Unit (BBPCU) 26.07.2017 Bharat Bill Payment Operating Units (BBPOUs) 1. AvenuesAI Limited (formerly Infibeam Avenues Limited  and Avenues India Private Limited) AvenuesAI Limited 28th Floor, GIFT Two Building, Block No.56, Road-5C, Zone-5Gandhinagar – 382355. Bharat Bill Payment Operating Unit (BBPOU) under Bharat Bill Payment System (BBPS) 17.10.2017 2. CSC e – Governance Services India Ltd CSC e – Governance Services India Ltd Electronics Niketan, 4th Floor, Ministry of Electronics & Information Technology 6 CGO Complex, Lodhi Road New Delhi - 110003 Bharat Bill Payment Operating Unit (BBPOU) under Bharat Bill Payment System (BBPS) 21.09.2017 3. Euronet Services India Private Limited Euronet Services India Private Limited I-Think Techno Campus, Office No 1 8th Floor, Wing A, Off Pokhran Road No. 2 Behind TCS, Eastern Express Highway Thane (W) - 400607 Bharat Bill Payment Operating Unit (BBPOU) under Bharat Bill Payment System (BBPS) 05.09.2017 4. IndiaIdeas.com Limited IndiaIdeas.com Limited 801, Supreme Chambers 17/18 Shah Industrial Estate Off Veera Desai Road Andheri (W), Mumbai 400 053 Bharat Bill Payment Operating Unit (BBPOU) under Bharat Bill Payment System (BBPS) 02.08.2017 5. Ebix Payment Services Private Limited (formerly Itz Cash Card Limited) Ebix Payment Services Private Limited 2nd Floor, Manek Plaza, Kalina CST Road, Kolekalyan, Santacruz (East), Mumbai – 400 098 Bharat Bill Payment Operating Unit (BBPOU) under Bharat Bill Payment System (BBPS) 28.08.2017 (Valid up to 30.09.2026) 6. Spice Money Limited Spice Money Limited, JA-122, DLF Tower A, Jasola District Centre, New Delhi-110025 Bharat Bill Payment Operating Unit (BBPOU) under Bharat Bill Payment System (BBPS) 22.08.2017 7. Worldline ePayments India Private Limited (formerly Ingenico ePayments India Private Limited and TechProcess Payment Services Limited) Worldline ePayments India PrivateLimited, Raiskaran Tech Park, 2nd Floor of Tower I, Phase II, Sakinaka, M.V.Road, Andheri East, Mumbai- 400072 Bharat Bill Payment Operating Unit (BBPOU) under Bharat Bill Payment System (BBPS) 16.08.2017 8. One Mobikwik Systems Limited One Mobikwik Systems Limited,– Unit No. 102, 1st Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, Haryana-122003, India Bharat Bill Payment Operating Unit (BBPOU) under Bharat Bill Payment System (BBPS) 24.01.2019 (Valid up to 31.03.2027) 9. PayU Payments Private Limited PayU Payments Private Limited, 801, 8th Floor, Empressa Building, 2nd Road, Khar (West), Mumbai - 400052 Bharat Bill Payment Operating Unit (BBPOU) under Bharat Bill Payment System (BBPS) 17.06.2022 10. PhonePe Limited (formerly PhonePe Private Limited) PhonePe Limited,

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 https://www.rbi.org.in/scripts/AnnualReportPublications.aspx?Id=12043 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 from 12th August 2008. The list of 'Payment System Operators’ authorised by the Reserve Bank of India to set up and operate in India under the Payment and Settlement Systems Act, 2007 is as under: Sr. No. Name of the Authorised Entity Address of the Principal Office Payment System Authorised Date of issue of Authorisation & Validity Period (given in brackets) Financial Market Infrastructure 1. The Clearing Corporation of India Ltd. Clearing Corporation of India Ltd., CCIL Bhavan, S K Bole Road, Dadar (West), Mumbai -400 028 Securities segment covering Govt Securities 11.02.2009 Forex Settlement Segment comprising of sub-segments a. USD-INR segment, b. CLS segment – Continuous Linked Settlement (Settlement of Cross Currency Deals), c. Forex Forward segment Rupee Derivatives Segment-Rupee denominated trades in IRS & FRA. Central Counter Parties 1. AMC Repo Clearing Limited AMC Repo Clearing Limited, Unit No. 503, Windsor, Off CST Road, Kalina, Santacruz – East, Mumbai – 400098. Repo transactions in corporate debt securities 28.02.2023 Retail Payments Organisation 1. National Payments Corporation of India (NPCI)* National Payments Corporation of India, 1001A, B wing, 10th Floor, The Capital, Bandra – Kurla Complex, Bandra (East), Mumbai–400 051. National Financial Switch (NFS) 15.10.2009 Immediate Payment Service (IMPS) 12.10.2010 Affiliation of RuPay Cards (debit cards/ prepaid cards) issued by banks and co-branded credit cards issued by non-banking financial companies (NBFCs) or any other entity approved by the RBI. 12.07.2012 National Automatic Clearing House (NACH) 23.05.2013 Aadhar Enabled Payments System (AEPS) 11.01.2011 Operation of Cheque Truncation System 21.09.2011 Unified Payments Interface 24.08.2016 National Electronic Toll Collection (NETC) 11.02.2019 *All approvals related to international activities given to NPCI have been transferred to NPCI International Payments Limited (NIPL), a wholly owned subsidiary of NPCI, with effect from August 10, 2020 Interoperable Mobile and Net Banking 1. NPCI Bharat BillPay Limited NPCI Bharat BillPay Limited, 1001A, B wing, 10th Floor, The Capital, Bandra – Kurla Complex, Bandra (East), Mumbai–400 051. Interoperable Mobile and Net Banking solution- ‘Banking Connect’ 09.12.2025 Bharat Bill Payment System (BBPS) Bharat Bill Payment Central Unit (BBPCU) 1. NPCI Bharat BillPay Limited NPCI Bharat BillPay Limited, 1001A, B wing, 10th Floor,

RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 18, 2026 https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63390 On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Tuesday, August 18, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,50,000 1 09:30 AM to 10:00 AM August 19, 2026 (Wednesday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=49399) will remain the same. Ajit Prasad           Deputy General Manager (Communications)     Press Release: 2026-2027/912

circular No. RBI/2018-19/25 dated July 24, 2018 (https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11344&Mode=0) as amended from time to time. Investment by Non-Residents 23. Investments by Non-Residents are subject to the guidelines on ‘Fully Accessible Route (https://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=3876)’ for Investment by Non-residents in Government Securities and other related guidelines as issued by the Reserve Bank from time to time.

(https://rbiretaildirect.org.in (https://rbiretaildirect.org.in/)). 6. Each bank or Primary Dealer (PD) on the basis of firm orders received from their constituents will submit a single consolidated non-competitive bid for individual security on behalf of its constituents in electronic format on the Reserve Bank of India Core Banking Solution (e-Kuber system). 7. Allotment under the non-competitive segment will be at the weighted average rate of yield/price of the successful bids that will emerge in the auction on the basis of the competitive bidding. Submission of Bids 8. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (e-Kuber system). 9. Bids in physical form will not be accepted except in extraordinary circumstances. Business Continuity Plan (BCP)-IT failure 10. Only in the event of system failure, physical bids will be accepted. Such physical bids should be submitted to the Public Debt Office, Mumbai through (email (mailto:bids@rbi.org.in); Phone no: 022-22603456, 022-22603457, 022-22603190) in the prescribed form which can be obtained from RBI website (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx) before the auction timing ends. 11. In case of technical difficulties, Core Banking Operations Team should be contacted (email (mailto:cbot@rbi.org.in); Phone no: 022-69870466, 022-69870415). 12. For other auction related difficulties, IDMD auction team can be contacted (email (mailto:auctionidmd@rbi.org.in); Phone no: 022-22702431, 022-22705125). Multiple Bids 13. An investor can submit more than one competitive bid in electronic format on the Reserve Bank of India Core Banking Solution (e-Kuber system). 14. The aggregate amount of bids submitted by an investor in an auction should not exceed the notified amount of auction. Decision Making Process 15. On the basis of bids received, the Reserve Bank will determine the minimum price/maximum yield up to which tenders for purchase of Government Security will be accepted at the auctions. 16. Bids quoted at rates lower than the minimum price/higher than the maximum yield determined by the Reserve Bank of India will be rejected. 17. Reserve Bank of India will have the full discretion to accept or reject any or all bids either wholly or partially without assigning any reason. Issue of Securities 18. Issue of securities to the successful bidders will be by credit to Subsidiary General Ledger Account (SGL) or to Constituents’ Subsidiary General Ledger Account (CSGL), maintained with Reserve Bank of India. Periodicity of Interest Payment 19. Interest on the Government Security will generally be paid half-yearly other than in case of securities with non-standard maturities. The exact periodicity of coupon payment is invariably mentioned in the specific notification for the issue of security. Underwriting of the Government Securities 20. The underwriting of the Government Securities under auctions by the ‘Primary Dealers’ will be as per the “Revised Scheme of Underwriting Commitment and Liquidity Support” announced by the Reserve Bank vide circular RBI/2007-08/186 dated November 14, 2007 (https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=3936&Mode=0) as amended from time to time. Eligibility for Repurchase Transactions (Repo) 21. The securities will be eligible for Repurchase Transactions (Repo) as per the conditions mentioned in Master Direction – Reserve Bank of India (Repurchase Transactions (Repo)) Directions, 2025 (https://www.rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=12920) as amended from time to time. Eligibility for ‘When Issued’ Trading 22. The securities will be eligible for “When Issued” trading in accordance with the guidelines on ‘When Issued transactions in Central Government Securities’ issued by the Reserve Bank of India vide

Auction of Government of India Dated Securities https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63389 Government of India (GoI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹28,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 7.06% GS 2041 Jul 27, 2041 17,000 F.No.4(1)-B(W&M)/2026 dated August 17, 2026 (https://rbidocs.rbi.org.in/rdocs/content/pdfs/GSECN17082026.pdf) August 21, 2026 (Friday) August 24, 2026 (Monday) 2 7.43% GS 2076 Jan 19, 2076 11,000   Total   28,000       2. GoI will have the option to retain additional subscription up to ₹2,000 crore against each security mentioned above. 3. The securities will be sold through Reserve Bank of India Mumbai Office, Fort, Mumbai – 400001. The sale will be subject to the terms and conditions spelt out in the ‘Specific Notification’ mentioned above and the General Notification F.No.4(2)–B(W&M)/2018, dated March 26, 2025 (https://rbidocs.rbi.org.in/rdocs/content/pdfs/GOI26032025_1.pdf). 4. The auction will be conducted using multiple price method. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (e-Kuber system) on August 21, 2026 (Friday). The non-competitive bids should be submitted between 10:30 a.m. and 11:00 a.m. and the competitive bids should be submitted between 10:30 a.m. and 11:30 a.m. The result will be announced on the same day and payment by successful bidders will have to be made on August 24, 2026 (Monday). 5. Bids for underwriting of the Additional Competitive Underwriting (ACU) portion can be submitted by ‘Primary Dealers’ from 09:00 a.m. up to 09:30 a.m. on August 21, 2026 (Friday) on the Reserve Bank of India Core Banking Solution (e-Kuber system). 6. The securities will be eligible for “When Issued” trading for a period commencing from August 18, 2026 – August 21, 2026. 7. Operational guidelines for Government of India dated securities auction and other details are given in the Annex (https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63389#AN1). Ajit Prasad            Deputy General Manager (Communications)     Press Release: 2026-2027/911 ANNEX Type of Auction 1. For multiple price-based auction, successful bids will get accepted at the respective quoted yield/price for the security. For uniform price-based auction, bids will get accepted at the cut off yield/price accepted in the auction. 2. The auction will be yield based for new security and price based for securities which are re-issued. 3. In case of a Floating Rate Bonds (FRB), the auction will be spread-based for new security and price based for securities which are reissued. At the time of placing bids for new FRB, the spread should be quoted in percentage terms. Minimum Bid Size 4. The securities will be issued for a minimum amount of ₹10,000/- (nominal) and in multiples of ₹10,000/- thereafter. Non-Competitive Segment 5. In all the auctions, Government security up to 5% of the notified amount for sale of individual security will be allotted to the eligible individuals and institutions under the Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities (https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12193&Mode=0). Individual investors can also place bids as per the non-competitive scheme through the Retail Direct portal

Result: Conversion/Switch Auction of Government of India Securities https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63388 A. Source Security 8.26% GS 2027 7.17% GS 2028 7.06% GS 2028 7.37% GS 2028 7.26% GS 2029 B. Notified Amount (in ₹ crore) 2,000 3,000 4,000 3,000 3,000 Destination Security 7.19% GS 2060 6.64% GS 2035 6.83% GS 2039 7.10% GS 2034 6.64% GS 2035 C. i. No. of offers received 4 31 4 4 36 ii. Total amount of Source Security offered (Face value, in ₹ crore) 2,203.100 8,038.712 4,428.000 5,957.032 12,321.121 iii. No. of offers accepted 2 10 3 4 8 iv. Total amount of source security accepted (Face value, in ₹ crore) 2,000.000 3,000.000 4,000.000 3,000.000 3,000.000 v. Total amount of destination security issued (Face value, in ₹ crore) 2,112.108 3,070.700 4,105.590 3,014.777 3,090.809 vi. Cut-off price (₹) / yield (%) for destination security 96.87/7.4434 99.24/6.7538 99.09/6.9396 102.24/6.7183 99.33/6.7401 A. Source Security 7.10% GS 2029 7.10% GS 2029 6.45% GS 2029 7.88% GS 2030 B. Notified Amount (in ₹ crore) 3,000 5,000 2,000 5,000 Destination Security 7.50% GS 2034 7.62% GS 2039 7.10% GS 2034 6.67% GS 2035 C. i. No. of offers received 9 2 26 16 ii. Total amount of Source Security offered (Face value, in ₹ crore) 8,330.000 5,750.000 7,707.893 7,015.165 iii. No. of offers accepted 6 2 8 4 iv. Total amount of source security accepted (Face value, in ₹ crore) 3,000.000 5,000.000 2,000.000 5,000.000 v. Total amount of destination security issued (Face value, in ₹ crore) 2,924.647 4,838.328 1,956.545 5,269.573 vi. Cut-off price (₹) / yield (%) for destination security 104.75/6.7206 105.77/6.9405 102.82/6.6217 99.55/6.7339 Ajit Prasad           Deputy General Manager (Communications)     Press Release: 2026-2027/910

4. SDFΔ#           D. Standing Liquidity Facility (SLF) Availed from RBI$       9,910.42   E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -85,899.58   F. Net liquidity injected (outstanding including today's operations) [injection (+)/absorption (-)]*     -3,98,328.58   <!-- RESERVE POSITION@ --> <!-- RESERVE POSITION@ --> Reserve Position@ Date Amount <!--  --> G. Cash Reserves Position of Scheduled Commercial Banks <!--         -->      (i) Cash balances with RBI as on <!--   --> August 14, 2026 7,78,261.20 <!-- -->      (ii) Average daily cash reserve requirement for the fortnight ending^ August 15, 2026 8,03,001.00 <!-- --> H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ August 14, 2026 0.00 <!-- --> I. Net durable liquidity [surplus (+)/deficit (-)] as on July 15, 2026 5,36,080.00 <!-- --> @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL). - Not Applicable / No Transaction. ** Relates to uncollateralized transactions of 2 to 14 days tenor. @@ Relates to uncollateralized transactions of 15 days to one year tenor. $ Includes refinance facilities extended by RBI. & As per the Press Release No. 2025-2026/1201 dated September 30, 2025 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=61317). Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=53539). * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF. ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=33496). # As per the Press Release No. 2023-2024/1548 dated December 27, 2023 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=56998). ^ As per the notification No. RBI/2025-26/148 DOR.RET.REC.354/12.01.001/2025-26

1. Fixed Rate           2. Variable Rate&                (a) Repo Operation                (b) Reverse Repo Operation Fri, 14/08/2026 3 Mon, 17/08/2026 80,235.00 5.24 3. MSF# Fri, 14/08/2026 1 Sat, 15/08/2026 45.00 5.50 Fri, 14/08/2026 2 Sun, 16/08/2026 2,000.00 5.50 Fri, 14/08/2026 3 Mon, 17/08/2026 45.00 5.50 4. SDFΔ# Fri, 14/08/2026 1 Sat, 15/08/2026 2,31,586.00 5.00 Fri, 14/08/2026 2 Sun, 16/08/2026 450.00 5.00 Fri, 14/08/2026 3 Mon, 17/08/2026 2,248.00 5.00 5. Net liquidity injected from today's operations [injection (+)/absorption (-)]*       -3,12,429.00   II. Outstanding Operations 1. Fixed Rate           2. Variable Rate&                (a) Repo Operation                (b) Reverse Repo Operation Mon, 10/08/2026 7 Mon, 17/08/2026 95,810.00 5.24 3. MSF#

Money Market Operations as on August 14, 2026 https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63382 (Amount in ₹ crore, Rate in Per cent) <!-- MONEY MARKETS@ --> Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,92,337.70 5.09 2.00-5.50      I. Call Money 13,497.74 5.23 4.30-5.30      II. Triparty Repo 4,04,961.35 5.06 4.85-5.19      III. Market Repo 1,65,572.91 5.13 2.00-5.35      IV. Repo in Corporate Bond 8,305.70 5.31 5.30-5.50 B. Term Segment            I. Notice Money** 271.65 5.13 4.85-5.26      II. Term Money@@ 830.00 - 5.65-5.90      III. Triparty Repo 1,428.00 5.16 5.00-5.50      IV. Market Repo 740.00 5.41 5.35-5.42      V. Repo in Corporate Bond 0.00 - - <!-- RBI OPERATIONS@ --> <!-- RBI OPERATIONS@ --> RBI Operations@ Auction Date Tenor (Days) Maturity Date Amount Current Rate / Cut off Rate C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) I. Today's Operations

Behrman-backed Shurco acquires manufacturer Heavy Motions Inc https://www.pehub.com/behrman-backed-shurco-acquires-manufacturer-heavy-motions-inc/ Based in Yankton, South Dakota, Shurco is a manufacturer of cargo covering, cargo control and containment systems. The post Behrman-backed Shurco acquires manufacturer Heavy Motions Inc (https://www.pehub.com/behrman-backed-shurco-acquires-manufacturer-heavy-motions-inc/) appeared first on PE Hub (https://www.pehub.com/).

Battery Ventures backs vet practices’ AI operating system https://www.pehub.com/battery-ventures-backs-vet-practices-ai-operating-system/ Vetspire will use the funds to accelerate product innovation and AI development to continue supporting veterinary teams of every size. The post Battery Ventures backs vet practices’ AI operating system (https://www.pehub.com/battery-ventures-backs-vet-practices-ai-operating-system/) appeared first on PE Hub (https://www.pehub.com/).

RBI imposes monetary penalty on Fusion Finance Limited https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63376 The Reserve Bank of India (RBI) has, by an order dated August 14, 2026, imposed a monetary penalty of ₹2.70 lakh (Rupees Two Lakh Seventy Thousand only) on Fusion Finance Limited (the company) for non-compliance with certain provisions of ‘Reserve Bank of India (Know Your Customer (KYC)) Directions’ issued by RBI. This penalty has been imposed in exercise of powers conferred on RBI under Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Bank of India Act, 1934. The statutory inspection of the company was conducted by RBI with reference to its financial position as on March 31, 2025. Based on the supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the company advising it to show cause as to why penalty should not be imposed on it for failure to comply with the said directions. After considering the company’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charge against the company was sustained, warranting imposition of monetary penalty: The company failed to put in place a system of periodic review of risk categorisation of accounts, with such periodicity being at least once in six months. This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the company with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the company. (Brij Raj)            Chief General Manager Press Release: 2026-2027/898

Reserve Bank of India imposes monetary penalty on IndusInd Bank Limited https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63374 The Reserve Bank of India (RBI) has, by an order dated August 14, 2026, imposed a monetary penalty of ₹59.20 lakh (Rupees Fifty-Nine lakh twenty thousand only) on IndusInd Bank Limited (the bank) for non-compliance with certain provisions of directions issued by RBI on ‘Interest Rate on Deposits’ and ‘Securitisation of Standard Assets’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with section 46(4)(i) of the Banking Regulation Act, 1949. The Statutory Inspection for Supervisory Evaluation of the bank was conducted by RBI with reference to its financial position as on March 31, 2025. Based on supervisory findings of non-compliance with the provisions of RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for failure to comply with the said provisions of RBI directions. After considering the bank’s reply to the notice, additional submissions made by it and oral submissions made during the personal hearing, RBI found that the following charges against the bank were sustained, warranting imposition of monetary penalty: (i) The bank paid interest on deposits held in certain current accounts; and (ii) The bank undertook activities in the nature of ‘Synthetic Securitisation’. The action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank. (Brij Raj)            Chief General Manager Press Release: 2026-2027/897

RBI imposes monetary penalty on Northern Arc Capital Limited https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63375 The Reserve Bank of India (RBI) has, by an order dated August 14, 2026, imposed a monetary penalty of ₹6.20 lakh (Rupees Six Lakh Twenty Thousand only) on Northern Arc Capital Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on ‘Disclosures in Financial Statements - Notes to Accounts’ and on ‘Internal Ombudsman for Regulated Entities’. This penalty has been imposed in exercise of powers conferred on RBI under section 58G(1)(b) read with section 58B(5)(aa) of the Reserve Bank of India Act, 1934. The statutory inspection of the company was conducted by RBI with reference to its financial position as on March 31, 2025. Based on the supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the company advising it to show cause as to why penalty should not be imposed on it for failure to comply with the said directions. After considering the company’s reply to the notice, additional submissions made by it and oral submissions made during the personal hearing, RBI found that the following charges against the company were sustained, warranting imposition of monetary penalty: i) The company did not disclose correct and complete information about customer complaints in its Annual Financial Statements for the financial year 2024-25. ii) The company failed to ensure auto-escalation of certain complaints that were partly or wholly rejected by the company’s Internal Grievance Redress Mechanism, to its Internal Ombudsman. This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the company with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the company. (Brij Raj)            Chief General Manager Press Release: 2026-2027/896

RBI imposes monetary penalty on Muthoot MCred Limited https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63372 The Reserve Bank of India (RBI) has, by an order dated August 14, 2026, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on Muthoot MCred Limited (Formerly Known as Muthoottu Mini Financiers Limited) (the company) for non-compliance with certain provisions of the directions issued by RBI on ‘Asset Classification’. This penalty has been imposed in exercise of powers conferred on RBI under section 58G(1)(b) read with section 58B(5)(aa) of the Reserve Bank of India Act, 1934. The statutory inspection of the company was conducted by RBI with reference to its financial position as on March 31, 2025. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the company advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the company’s reply to the notice, additional submissions made by it and oral submissions made during the personal hearing, RBI found that the following charge against the company was sustained, warranting imposition of monetary penalty: The company upgraded certain loan accounts which were ‘non-performing assets’ as ‘Standard’, without repayment of entire arrears of interest and principal pertaining to all the credit facilities. This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the company with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the company. (Brij Raj)            Chief General Manager Press Release: 2026-2027/895

Developments in India’s Balance of Payments for the Month of June 2026 https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63373 Preliminary data on India’s balance of payments (BoP) for June 2026 are presented in the following table. Major Items of India's Balance of Payments (US$ billion) Item June 2025 PR June 2026 P April-June 2025 PR April-June 2026 P A. Current Account (Net) [A.1 to A.4] 1.2 -6.2 -2.9 -3.1 A.1 Merchandise (Net) [a-b] -19.2 -30.2 -68.9 -85.7         a. Exports 35.3 41.2 112.7 132.2         b. Imports 54.5 71.4 181.6 218.0 A.2 Services (Net) [a-b] 16.2 17.9 47.9 52.2         a. Exports 32.1 36.4 97.4 106.7         b. Imports 15.9 18.5 49.5 54.5 A.3 Transfers (Net) 10.9 11.9 30.9 41.4 A.4 Income (Net) -6.8 -5.8 -12.8 -11.1 B. Capital Account (Net) [B.1 to B.6] -1.6 9.1 7.4 -5.0 B.1 Foreign Direct Investment (Net) [a-b] 2.3 1.3 4.8 7.8         a. In India (Net) 5.3 3.5 13.9 17.2         b. Abroad (Net) 3.1 2.1 9.2 9.4 B.2 Foreign Portfolio Investment (Net) [a-b] 2.4 2.5 1.6 -9.6         a. In India (Net) 2.7 2.7 2.5 -8.6         b. Abroad (Net) 0.3 0.2 0.9 0.9 B.3 External Commercial Borrowings (Net) [a-b] -0.4 -0.5 5.3 -0.1         a. To India (Net) 0.0 1.3 4.4 3.3         b. By India (Net) 0.3 1.8 -0.8 3.4 B.4 Short-term Credit to India (Net) 0.3 1.6 -0.1 3.5 B.5 Banking Capital (Net) -3.2 8.2 -1.6 3.5         of which: NRI Deposits (Net) 1.7 1.4 3.6 2.8 B.6 Other Capital (Net) -3.1 -4.0 -2.6 -10.1 C. Overall Balance (A+B) -0.4 2.9 4.5 -8.1 D. Monetary Movements [‘-’ : Increase ; ‘+’ : Decrease] 0.4 -2.9 -4.5 8.1 PR: Partially Revised; and P: Preliminary. Note: 1. Errors and omissions are included under ‘Other Capital’. 2. Total of sub-components may not tally with aggregate due to rounding off. (Brij Raj)            Chief General ManagerPress Release: 2026-2027/894

Butterfly, Graham, Wise Equity target nutraceuticals; Demand for antimicrobial testing drives Astorg’s $1bn carve-out of Thermo Fishers’ microbiology biz https://www.pehub.com/butterfly-graham-wise-equity-target-nutraceuticals-demand-for-antimicrobial-testing-drives-astorgs-1bn-carve-out-of-thermo-fishers-microbiology-biz/ Butterfly Equity, Graham Partners and Wise Equity are among the firms transacting with nutraceuticals assets. The post Butterfly, Graham, Wise Equity target nutraceuticals; Demand for antimicrobial testing drives Astorg’s $1bn carve-out of Thermo Fishers’ microbiology biz (https://www.pehub.com/butterfly-graham-wise-equity-target-nutraceuticals-demand-for-antimicrobial-testing-drives-astorgs-1bn-carve-out-of-thermo-fishers-microbiology-biz/) appeared first on PE Hub (https://www.pehub.com/).