HomeSearchBrowseSectorsAlertsBudgetParliamentHow Policy Is MadeLong ReadsPolicy HistoryIntelligenceKnowledge GraphContinuityCompareAmendmentsWeekly WrapDigestStatesMy TrackerSourcesBlogAPIAboutRSS Feed
Latest policy
Adjudication Order in the matter of suspected insider trading in the scrip of Wipro LtdAdjudication Order in the matter of inspection of IIFL Capital Services LimitedDraft Telecommunication (Broadcasting & Cable) Services DRM Based Digital Addressable Systems Audit Manual’ for seeking comments of StakeholdersSection 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance RequirementRBI Announces Regulatory Measures for the Foreign Exchange MarketRBI launches Quarterly Order Books, Inventories and Capacity Utilisation Survey: July – September 2026 (Round 75)Risk Management and Inter-Bank Dealings - Foreign Exchange Risk ReserveOctober 6, 2026Delegation of Financial Power Rules, 1995Notification for Request for Empanelment (RFE) for Empanelment of Consulting Agencies For Digital Personal Data Protection Act (DPDPA) Gap Assessment, Compliance Framework Development and Implementation SupportDirection regarding publication of tariff offers, etc.Ministry of Textiles extends RoSCTL Scheme till 31 December 2026Adjudication Order in the matter of suspected insider trading in the scrip of Wipro LtdAdjudication Order in the matter of inspection of IIFL Capital Services LimitedDraft Telecommunication (Broadcasting & Cable) Services DRM Based Digital Addressable Systems Audit Manual’ for seeking comments of StakeholdersSection 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance RequirementRBI Announces Regulatory Measures for the Foreign Exchange MarketRBI launches Quarterly Order Books, Inventories and Capacity Utilisation Survey: July – September 2026 (Round 75)Risk Management and Inter-Bank Dealings - Foreign Exchange Risk ReserveOctober 6, 2026Delegation of Financial Power Rules, 1995Notification for Request for Empanelment (RFE) for Empanelment of Consulting Agencies For Digital Personal Data Protection Act (DPDPA) Gap Assessment, Compliance Framework Development and Implementation SupportDirection regarding publication of tariff offers, etc.Ministry of Textiles extends RoSCTL Scheme till 31 December 2026
NotificationRBIThursday, 24 September 2026

RBI imposes monetary penalty on KLM Axiva Finvest Limited

Cite this
Citations are auto-generated; verify before publishing. The notification classification is PolicyDhara's, not the source's.
Official government notification — a formal executive order that operationalises policy decisions. Carries legal weight and specifies rules, dates, exemptions, or procedural requirements.
Summary
The Reserve Bank of India (RBI) has, by an order dated September 22, 2026, imposed a monetary penalty of ₹2.70 lakh (Rupees Two lakh seventy thousand only) on KLM Axiva Finvest Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on ‘Auction’ procedure. This penalty has been imposed in exercise of powers conferred on RBI under Section 58-G(1)(b) read with Section 58-B(5)(aa) of the Reserve Bank of India Act, 1934. The statutory inspec
Key Facts
TypeNotification
SourceReserve Bank of India
PublishedThursday, 24 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
500 GW non-fossil fuel capacity target by 2030
Key Authorities
Ministry of FinanceRBISEBIDEAMinistry of Power
Key Stakeholders
TaxpayersBanks & NBFCsInvestorsPower ConsumersDISCOMsCoal Industry
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Finance & Economy671 tracked→Energy109 tracked→
Read Full Text at Source
Related Policies
Detailed Result: OMO Sale Auction held on Oct 13, 2026 and Settlement on Oct 14, 2026
▲ highYesterdayRBIAnnouncementPress release
I. SUMMARY OMO SALE RESULTS Aggregate Amount (Face value) notified by RBI : ₹25,000 crore Total amount bid (Face value) by participants : ₹55,518 crore Total amount accepted (Face value) by RBI : ₹25,000 crore II. DETAILS OF OMO SALE ISSUE Security 7.88% GS 2030 6.10% GS 2031 7.95% GS 2032 7.26% GS 2033 7.18% GS 2033 7.10% GS 2034 No. of bids received 32 45 50 66 90 56 Total bid amount (face value) (₹ in crore) 4,583 8,915 5,875 11,470 19,015 5,660 No. of bids accepted 16
Finance & Economy
Open Market Operation (OMO) – Sale of Government of India Securities held on Oct 13, 2026: Cut-Offs
▲ highYesterdayRBIAnnouncementPress release
Security 7.88% GS 2030 6.10% GS 2031 7.95% GS 2032 7.26% GS 2033 7.18% GS 2033 7.10% GS 2034 Total amount notified Aggregate amount of ₹25,000 crore (No security-wise notified amount) Total amount (Face Value) accepted by RBI (₹ in crore) 2,820 8,430 1,600 2,735 9,415 - Cut off yield (%) 7.1428 7.2236 7.2659 7.3413 7.3947 - Cut off price (₹) 102.20 95.54 103.21 99.58 98.85 - Detailed results will be issued shortly. Ajit Prasad        &nbs
Finance & EconomySocial Protection
Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on October 13, 2026
▲ highYesterdayRBIAnnouncementPress release
Tenor 1-day Notified Amount (in ₹ crore) 1,50,000 Total amount of offers received (in ₹ crore) 71,580 Amount accepted (in ₹ crore) 71,580 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad           Deputy General Manager (Communications)     Press Release: 2026-2027/1317
Finance & Economy
Kerala’s Economic Development: Growth, Employment and Sustainability | Dr Martin Patrick
◆ mediumYesterdayCPPRAnnouncementAnalysis
Dr Martin Patrick, Senior Fellow (Economy), Centre for Public Policy Research (CPPR), discusses Kerala’s economic development priorities, focusing on employment generation, higher education, investment, technology and sustainable growth. The interview explores ways to strengthen Kerala’s economy by creating local employment […] The post Kerala’s Economic Development: Growth, Employment and Sustainability | Dr Martin Patrick appeared first on Centre for Public Policy Research (CPPR).
EducationFinance & EconomyDigital & Technology
Keyboard Shortcuts
Navigate between policiesJ / K
Open focused policyEnter
Focus search/
Toggle light/darkD
Bookmark focused policyB
Go homeH
Show this help?
Close overlayEsc