Press Releases

(Amount in ₹ Crore, Rate in Per cent)MONEY MARKETS@ Volume 
(One Leg) Weighted
Average Rate Range A. Overnight Segment (I+II+III+IV)  35,846.99 6.60 5.50-6.80 I. Call Money 911.00 6.43 5.50-6.80 II. Triparty Repo  34,816.80 6.61 6.20-6.77 III. Market Repo  

Money Market Operations as on December 29, 2023 (Amount in ₹ Crore, Rate in Per cent)MONEY MARKETS@  Volume (One Leg) Weighted Average  Rate Range A. Overnight Segment (I+II+III+IV) 15,224.70 6.78 5.75-7.00 I. Call Money 1,614.85 6.49 5.75-7.00 II. Triparty Repo 13,508.85 6.81 6.25-6.90 III. Market Repo 101.00 6.60 6.60-6.60 

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹16,000 Crore (Face Value).

The Reserve Bank of India (RBI), vide order dated December 29, 2023, has cancelled the licence of “Musiri Urban Co-operative Bank Ltd., Musiri”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on December 29, 2023. The Registrar of Cooperative Societies, Tamil Nadu has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.

As announced in the ‘Statement on Developmental and Regulatory Policies’ issued as part of Monetary Policy Statement dated October 06, 2023, the Reserve Bank, has issued Master Direction - Reserve Bank of India (Internal Ombudsman for Regulated Entities) Directions, 2023 to harmonise the instructions applicable to the various regulated entities on the Internal Ombudsman (IO) mechanism.

Today, the Reserve Bank released data relating to India’s International Investment Position  for end-September 2023

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹16,000 Crore (Face Value).

In terms of GOI Notifications F. No. 4(22) – B(W&M)/2018 dated October 08, 2018 (SGB 2018-19, Series IV - Issue date January 01, 2019) and F. No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18, Series XIV - Issue date January 01, 2018) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable.  Accordingly, the next due date of premature redemption of the above two tranches shall be January 01, 2024.

The Reserve Bank of India (RBI), vide order dated December 29, 2023, has cancelled the licence of Adarsh Mahila Nagari Sahakari Bank Maryadit, Aurangabad, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on December 29, 2023. The Commissioner and Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.