On April 8, 2026, the Reserve Bank of India issued draft Amendment Directions regarding the inclusion of quarterly profits in Common Equity Tier 1 capital for banks' CRAR calculations. These amendments remove the requirement for incremental provisions on non-performing assets. Final directives were released after stakeholder feedback.

Understanding RBI’s 1 Lakh Cr Variable Rate Repo on May 18, 2026

RBI to conduct 7-day Variable Rate Repo (VRR) auction worth Rs 1 Lakh Cr under LAF on May 18, 2026

Press release from the Reserve Bank of India announcing a 7-day Variable Rate Repo auction on May 18, 2026, detailing the notified amount, tenor, window timing, and date of reversal.

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TaxConcept

Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income Tax judgements to EPFO schemes and corporate law updates, TaxConcept serves as a reliable, authoritative guide for chartered accountants, businesses, and everyday taxpayers seeking absolute compliance clarity.