I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹7,000 Crore ₹8,000 Crore ₹9,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.2998 (YTM: 6.9374%) 96.5814 (YTM: 7.0987%) 93.3618

RBI OPERATIONS@ Auction Date Tenor (Days) Maturity Date    Amount Current Rate / Cut off Rate C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) I. Today's Operations 1. Fixed Rate 2. Variable Rate& (I) Main Operation (a) Repo    (b) Reverse Repo

(Amount in ₹ crore, Rate in Per cent)MONEY MARKETS@ Volume(One Leg) WeightedAverage Rate RangeA. Overnight Segment (I+II+III+IV)    0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00    - - III. Market Repo 0.00

The Reserve Bank of India has today, in exercise of its powers under section 45L(1)(b) of the Reserve Bank of India Act, 1934, has directed Bajaj Finance Ltd. (“the company”) to stop sanction and disbursal of loans under its two lending products ‘eCOM’ and ‘Insta EMI Card’, with immediate effect.

Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹18,000 crore (face value). The security-wise details of the conversion/switch are given as under:

Date of AuctionSource SecuritiesAmount (FV) of Source Securities
(In ₹ crore)Destination Securities

Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹30,000 crore as per the following details:

The result of the auction of State Government Securities held on November 13, 2023 is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2038 ANDHRA PRADESH 2042 GOA 2033 HIMACHAL PRADESH 2038 Notified Amount 500 500 100 800 Tenure 15 19 10 15 Competitive Bids Received (i) No. 65 42 15 59 (ii) Amount 3105 3155 555 4015 Cut-off Yield (%) 7.72 7.69 7.70 7.74 Competitive Bids Accepted (i) No. 12 2 1 18 (ii) Amount 494.927 494.415 98.789 791.956

Sr. No State / UT Amount to be raised(₹ Crore) Amount Accepted(₹ Crore)    Cut off Yield(%) Tenure(Year)1    Andhra Pradesh 500 500 7.72 15500 500 7.69 19

(Amount in ₹ crore, Rate in Per cent)MONEY MARKETS@ Volume(One Leg) WeightedAverage Rate RangeA. Overnight Segment (I+II+III+IV)    461,706.31 6.79    0.01-7.85

(Amount in ₹ crore, Rate in Per cent)MONEY MARKETS@ Volume(One Leg) WeightedAverage Rate RangeA. Overnight Segment (I+II+III+IV)    0.00 - - I. Call Money 0.00 - -

The Reserve Bank today released data on India’s invisibles as per the IMF’s Balance of Payments and International Investment Position Manual (BPM6) format for April - June of 2023-24.

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 October 2023.

In terms of GOI Notification F.No.4(16) - W&M/2016 dated October 20, 2016 (SGB 2016-17, Series III - Issue date November 17, 2016) 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 tranche shall be November 17, 2023.

In terms of GOI Notification F.No.4(22) – B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series III - Issue date November 13, 2018) and F.No.4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series VII - Issue date November 13, 2017) 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 tranches shall be November 13, 2023.

1. Reserve Bank of India - Liabilities and Assets*(₹ Crore)Item    2022 2023 VariationNov. 4 Oct. 27 Nov. 3 Week Year1 2 3 4 54 Loans and Advances 4.1 Central Government 0 0 0 0 04.2 State Governments    12460 21871 26781 4910 14321* Data are provisional; difference, if any, is due to rounding off.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹11,620 Crore (Face Value).

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 Date1 91 Days 7,000 November 15, 2023(Wednesday)    November 16, 2023(Thursday)2 182 Days 8,0003 364 Days 9,000 Total 24,000

The Reserve Bank of India, vide directive CO.DOS.DSD.No.S782/12-07-005/2022-23 dated May 13, 2022, had placed Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur under Directions from the close of business on May 13, 2022 for a period of six months, i.

The following Four Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.

The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.

Auction Results    New GS 2030 7.18% GS 2037 7.25% GS 2063    New GOI SGrB 2028I. Notified Amount ₹12000 Crore ₹10000 Crore ₹12000 Crore    ₹5000 CroreII. Underwriting Notified Amount ₹12000 Crore    ₹10000 Crore ₹12000 Crore ₹5000 CroreIII. Competitive Bids Received (i) Number 135 186 235 8 (ii) Amount

7.18% GS 2037 7.25% GS 2063 New GOI SGrB 2028I. Notified Amount ₹12,000 crore ₹10,000 crore ₹12,000 crore ₹5,000 crore

In the underwriting auctions conducted on November 10, 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:

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 453,414.07 6.79 0.01-7.90 I. Call Money 11,878.63 6.77 5.00-6.90 II. Triparty Repo 298,277.55 6.78    6.75-6.84 III. Market Repo 142,787.89 6.80 0.01-6.95

The Reserve Bank of India has today released the 41st half-yearly report on management of foreign exchange reserves with reference to end-September 2023. The position of foreign exchange reserves as on October 27, 2023, is as under: US $ Billion Foreign Exchange Reserves (i+ii+iii+iv) 586.11 i. Foreign Currency Assets (FCA) 517.50 ii. Gold 45.92 iii. Special Drawing Rights (SDRs) 17.91 iv. Reserve Tranche Position (RTP)

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹12,500 Crore (Face Value). Sr. No. State / UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1 Andhra Pradesh 500 - 15 Yield 500 - 19 Yield 2 Goa 100 - 10 Yield 3 Himachal Pradesh 800 - 15 Yield 4 Jammu and Kashmir 1100 - 30 Yield 5 Maharashtra 2000 - 10 Yield

Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on November 10, 2023. As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under:

(Amount in ₹ crore, Rate in Per cent)MONEY MARKETS@ Volume(One Leg) WeightedAverage Rate RangeA. Overnight Segment (I+II+III+IV)    450,494.32 6.77    5.00-7.85

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka vide Directive DOS.CO.UCB.BSD-III.D-2/12.23.283/2019-20 dated January 02, 2020, for a period of six months up to July 10, 2020, as modified from time to time, which were last extended up to November 10, 2023 vide Directive DOR.MON/D-52/12.23.283/2023-24 dated August 03, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond November 10, 2023.

The Reserve Bank has today released data on Reserve Money for the week ended November 03, 2023. Shweta Sharma Deputy General Manager Press Release: 2023-2024/1265

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 03 – October 06, 2023.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 25 – September 29, 2023.

All Figures are in USD Millions

Position DateMERCHANTINTER BANK

FCY / INRFCY / FCYFCY / INRFCY / FCY

SpotForwardForward CancelSpotForwardForward CancelSpotSwapForwardSpotSwapForward

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 18 – September 22, 2023.

Auction Results    91 Days    182 Days 364 Days I. Notified Amount ₹7000 Crore ₹8000 Crore ₹9000 Crore II.    Competitive Bids Received (i) Number 126 144 136 (ii) Amount ₹22763.945 Crore ₹28730.900 Crore ₹21040 Crore III. Cut-off price / Yield

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 09 – October 13, 2023. All Figures are in USD Millions Position DateMERCHANTINTER BANKFCY / INRFCY / FCYFCY / INRFCY / FCY
SpotForwardForwardCancelSpotForwardForwardCancelSpotSwapForwardSpotSwapForwardPurchases 09-10-20231,3891,2046425833042779,0565,9302,5514,227564124 10-10-20232,8821,24730938426224814,92614,3262,6176,6911,757220

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 16 – October 20, 2023.

All Figures are in USD Millions

Position DateMERCHANTINTER BANK

FCY / INRFCY / FCYFCY / INRFCY / FCY

SpotForwardForward CancelSpotForwardForward CancelSpotSwapForwardSpotSwapForward

Purchases

16-10-20232,8435044883581351159,31118,8663,7234,9431,331131

I. T-Bill 91 days 182 days 364 days II.    Total Face Value Notified ₹7,000 Crore ₹8,000 Crore ₹9,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3035 (YTM: 6.9221%) 96.5776 (YTM: 7.1068%)93.3451 (YTM: 7.1489%)

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume(One Leg) WeightedAverage Rate RangeA. Overnight Segment (I+II+III+IV)    450,503.20 6.76    5.00-7.85

The result of the auction of State Government Securities held on November 07, 2023 is as under (Amount in ₹ Crore)ASSAM 2033 BIHAR 2038 GOA 2033 HARYANA 2035Notified Amount 1000 2000 100 1000Tenure 10 15 10 12

The first flagship publication of the Centre for Advanced Financial Research and Learning (CAFRAL) with the title “India Finance Report 2023” (IFR 2023) was released by Shri Shaktikanta Das, Governor, Reserve Bank of India (RBI) today. CAFRAL, a not-for-profit organisation, was set up in 2011 as an independent body by the RBI to promote research and learning in banking and finance.

Sr. No    State / UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Year) 1 Assam 1000 1000 7.74 10 2 Bihar 2000 2000 7.73 15 3 Goa 100 100 7.70 10 4 Haryana 1000 1000 7.72 12 5 Jammu and Kashmir    900 900 7.58 27

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume(One Leg) WeightedAverage Rate RangeA. Overnight Segment (I+II+III+IV)    470,491.57 6.74 5.00-7.80

Government of India (GOI) has announced the sale (Issue/re-issue) of four dated securities for a notified amount of ₹39,000 crore as per the following details:

Sr NoSecurityDate of RepaymentNotified Amount
(₹ crore)GoI specific NotificationAuction DateSettlement Date

1New GS 2030Nov 13, 203012,000F.No.4(3)-B(W&M)/2023 dated
November 06, 2023November 10, 2023
(Friday)November 13, 2023
(Monday)

27.18% GS 2037July 24, 203710,000

37.25% GS 2063June 12, 206312,000

4New GOI SGrB 2028Nov 13, 20285,000

Total
39,000
 

The Reserve Bank of India (RBI) has, by an order dated October 10, 2023, imposed a monetary penalty of ₹3.50 lakh (Rupees Three lakh Fifty thousand only) on Malpur Nagarik Sahakari Bank Limited, Malpur, Dist. Aravalli, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’. 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 order dated September 15, 2023, imposed a monetary penalty of ₹3.20 lakh (Rupees Three lakh Twenty thousand only) on Early Salary Services Private Limited, Pune (the company) for non-compliance with certain provisions of the “Non-Banking Financial Company – Non-Systemically Important Non-Deposit taking Company (Reserve Bank) Directions, 2016”. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 58G (1) (b) read with Section 58B (5) (aa) of the Reserve Bank of India Act, 1934.

The Reserve Bank of India (RBI) has, by an order dated October 09, 2023, imposed a monetary penalty of ₹25,000/- (Rupees Twenty-Five thousand only) on The Limbasi Urban Co-operative Bank Ltd., Limbasi, Dist. Kheda, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Loans and advances to directors, relatives and firms/concerns in which they are Interested’ read with the directions issued by RBI on ‘Loans and Advances to Directors etc. - Directors as surety/guarantors – Clarification’. 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 order dated October 12, 2023, imposed a monetary penalty of ₹50,000/- (Rupees Fifty thousand only) on The Jolarpet Co-operative Urban Bank Limited, Dist. Vellore, Tamil Nadu (the bank) for non-compliance with the directions issued by RBI on ‘Board of Directors - UCBs’ read with the directions issued by RBI on ‘Loans and advances to directors, their relatives, and firms/concerns in which they are interested’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A (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 order dated October 06, 2023, imposed a monetary penalty of ₹4.00 lakh (Rupees Four lakh only) on Shree Lodra Nagarik Sahakari Bank Limited, Lodra, Dist. Gandhinagar, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Loans and advances to directors, relatives and firms/concerns in which they are interested’ and ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’. 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 rate of interest on Government of India Floating Rate Bond 2024 (FRB 2024) applicable for the half year May 07, 2023 to November 06, 2023 shall be 6.97 per cent per annum. It may be recalled that the rate of interest on the FRB 2024 shall be reset at the average rate (rounded off up to two decimal places) of the implicit yields, at the cut-off prices of the last three auctions of Government of India 182-days Treasury Bills, held up to the period preceding the coup

(Amount in ₹ crore, Rate in Per cent)MONEY MARKETS@ Volume(One Leg) WeightedAverage Rate RangeA. Overnight Segment (I+II+III+IV)    0.00 - -