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)528,258.576.742.01-7.85 I. Call Money9,149.226.715.00-6.85 II. Triparty Repo383,608.556.766.60-6.78 III. Market Repo135,370.806.682.01-6.90

     IV. Repo in Corporate Bond130.007.466.85-7.85

B. Term Segment

 

     I. Notice Money**191.006.556.15-6.75

     II. Term Money@@377.00-6.55-7.40

     III. Triparty Repo313.506.766.75-6.80

     IV. Market Repo49.397.107.10-7.10

     V. Repo in Corporate Bond0.00--

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 September 2023.

Ajit Prasad           
Director (Communications)

Press Release: 2023-2024/1105

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (in ₹ Crore) Auction Date Settlement Date 1    91 Days    7,000    October 18, 2023
(Wednesday)    October 19, 2023
(Thursday)
2    182 Days    8,000
3    364 Days    9,000

Total    24,000    

The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended from time to time. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount. Individuals can also participate on non-competitive basis as retail investors. For retail investors, the allocation will be restricted to a maximum of 5 percent of the notified amount. Individual investors can also place bids as per the non-competitive scheme through Retail Direct portal (https://rbiretaildirect.org.in).

The auction will be Price based using multiple price method. Bids for the auction should be submitted in electronic format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, October 18, 2023, during the below given timings:

Category    Timing
Competitive bids    10:30 am - 11:30 am
Non-Competitive bids    10:30 am - 11:00 am
Results will be announced on the day of the auction.

Payment by successful bidders will have to be made on Thursday, October 19, 2023.

Only in the event of system failure, physical bids would be accepted. Such physical bids should be submitted to the Public Debt Office (email; Phone no: 022-22632527, 022-22701299) in the prescribed form obtainable from RBI website (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx) before the auction timing ends. In case of technical difficulties, Core Banking Operations Team should be contacted (email; Phone no: 022-27595666, 022-27595415, 022-27523516). For other auction related difficulties, IDMD auction team can be contacted (email; Phone no: 022-22702431, 022-22705125).

Ajit Prasad            
Director (Communications)

Press Release: 2023-2024/1108

7.17% GS 20307.18% GS 20377.25% GS 2063 I.Notified Amount ₹12,000 crore ₹10,000 crore ₹1 2,000 crore II.Cut off Price / Implicit Yield at cut-off98.85/7.3959%97.73/7.4444%96.36/7.5387%

III.Amount accepted in the auction₹12,000 crore₹10,000 crore₹12,000 crore

IV.Devolvement on Primary DealersNILNILNIL

Ajit Prasad            
Director (Communications)

Press Release: 2023-2024/1103

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item20222023Variation Oct. 7Sep. 29Oct. 6WeekYear 12345 4 Loans and Advances 4.1 Central Government00000 4.2 State Governments1083911606243031269713464 * Data are provisional.

2. Foreign Exchange Reserves*

ItemAs on October 6, 2023Variation over

WeekEnd-March 2023 Year

₹ Cr.US$ Mn.₹ Cr.US$ Mn.₹ Cr.US$ Mn.₹ Cr.US$ Mn.

12345678

1 Total Reserves4867956584742-14828-2166113691629248102051873

1.1 Foreign Currency Assets #4325067519529-3057-707135935983844342148033

1.2 Gold35220042306-11624-1425-19299-2894315003352

1.3 SDRs14921217923-31-15-1952-4694467342

1.4 Reserve Position in the IMF414774983-116-19-992-1831631147

* Difference, if any, is due to rounding off.
# Excludes (a) SDR holdings of the Reserve Bank, as they are included under the SDR holdings; (b) investment in bonds issued by IIFC (UK); and (c) amounts lent under the SAARC Currency swap arrangements.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹15,882 Crore (Face Value).

In the underwriting auctions conducted on October 13, 2023 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:

The Reserve Bank of India, in exercise of powers conferred on it under Section 29A (6) of the National Housing Bank Act, 1987, has cancelled the CoR of following company.

Sr. No.Name of the CompanyRegistered Office AddressCoR No.CoR Issued OnCancellation Order Date

1Ind Bank Housing Ltd3rd Floor, 480 Anna Salai, Nandanam, Chennai, Tamil Nadu – 60003501.0023.01August 16, 2001September 21, 2023

The Reserve Bank of India (RBI) has imposed, by an order dated September 15, 2023, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on The Jawhar Urban Co-operative Bank Limited, Palghar, Maharashtra (the bank) for non-compliance with the directions issued by RBI on ‘Know Your Customer (KYC)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47 A (1) (c) read with Sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949.

The Reserve Bank of India (RBI) has, by an orThe Reserve Bank of India (RBI) has, by an order dated October 10, 2023 imposed a monetary penalty of ₹5.39 Crore (Rupees Five Crore and Thirty Nine Lakh only) on Paytm Payments Bank Limited (the bank) for non-compliance with certain provisions of the ‘Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016’, ‘RBI Guidelines for Licensing of Payments Banks’ read with ‘Enhancement of maximum balance at end of the day’, ‘Cyber security framework in banks’ read with ‘Guidelines on reporting of unusual cyber security incidents’ and ‘Securing mobile banking applications including UPI ecosystem’. This penalty has been imposed in exercise of powers vested in RBI conferred under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.