Press Releases

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details:

1. Reserve Bank of India - Liabilities and Assets*  (₹ Crore)  Item  2023  2024  Variation  Jan. 6  Dec. 29  Jan. 5  Week  Year  1  2  3  4  5  4 Loans and Advances 4.1 Central Government  0  0  0  0  0  4.2 State Governments  17380  2579  21139  18560  3759  * Data are provisional; difference, if any, is due to rounding off.

Auction Results 7.37% GS 2028 7.18% GS 2033 7.30% GS 2053 I. Notified Amount ₹7000 Crore ₹16000 Crore ₹10000 Crore II. Underwriting Notified Amount ₹7000 Crore ₹16000 Crore ₹10000 Crore III. Competitive Bids Received    (i) Number 96 192 367 (ii) Amount ₹16158 Crore ₹33079.010 Crore ₹34739.750 Crore IV. Cut-off price / Yield 101.21 100.01 98.69 (YTM: 7.0629%) (YTM: 7.1773%) (YTM: 7.4093%) V. Competitive Bids Accepted    (i) Number 48 109 123

Government Stock - Auction Results: Cut-off 7.37% GS 2028  7.18% GS 2033  7.30% GS 2053  I.  Notified Amount  ₹7,000 crore  ₹16,000 crore  ₹10,000 crore  II.  Cut off Price / Implicit Yield at cut-off  101.21/ 7.0629%  100.01/ 7.1773%  98.69/ 7.4093%  III.  Amount accepted in the auction  ₹7,000 crore  ₹16,000 crore  ₹10,000 crore  IV.  Devolvement on Primary Dealers  NIL  NIL  NIL Ajit Prasad Director (Communications) Press Release: 2023-2024/1662

Tenor 13-day Notified Amount (in ₹ crore) 1,75,000 Total amount of bids received (in ₹ crore) 3,92,484 Amount allotted (in ₹ crore) 1,75,010 Cut off Rate (%) 6.71 Weighted Average Rate (%) 6.72 Partial Allotment Percentage of bids received at cut off rate (%) 65.40 Ajit Prasad Director (Communications) Press Release: 2023-2024/1661

In the underwriting auctions conducted on January 12, 2024 for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV)
507,301.37 6.77 0.01-7.90 I. Call Money 12,299.45 6.76 5.00-6.90 II. Triparty Repo 

The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of December 2023. Ajit Prasad Director (Communications)  Press Release: 2023-2024/1658

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo auction on January 12, 2024, Friday, as under:

The Reserve Bank on Jan 10, 2024 held a Conference in Mumbai for the Heads of Assurance Functions (i.e., Chief Compliance Officers, Chief Risk Officers and Heads of Internal Audit) of all Scheduled Commercial Banks (SCBs). The theme of the Conference was ‘Resilient Financial System – Role of Effective Assurance Functions’. This is part of the series of supervisory engagements kicked-off by the Governor in May 2023 with the Conference for the Directors of Public and Private Sector Banks on the theme of ‘Governance in Banks – Driving Sustainable Growth and Stability’. Deputy Governors Shri M. Rajeshwar Rao and Shri Swaminathan J. addressed the participants. Executive Directors representing the RBI’s Department of Supervision, Department of Regulation and Enforcement Department, and other senior officials, also participated in the Conference.