Press Releases

The Reserve Bank of India (RBI) has, by an order dated April 21, 2025, imposed a monetary penalty of ₹71.30 lakh (Rupees Seventy One Lakh Thirty Thousand only) on Mahindra & Mahindra Financial Services Limited (the company) for non-compliance with certain provisions of the ‘Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016’ and ‘Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016’ issued by RBI. This penalty has been imposed in exercise of powers conferred on RBI under clause (b) of

In terms of GOI Notification F. No. 4(4)-B(W&M)/2020 dated April 13, 2020 (SGB 2020-21 Series I - Issue date April 28, 2020) 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 April 28, 2025.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹24,700 Crore (Face Value). Sr. No. State Amount to be raised (₹Crore) Tenure (Year) Type of Auction 1 Haryana 1000 13 Yield 2 Himachal Pradesh 500 7 Yield 800 9 Yield 3 Kerala 2000 21 Yield 4 Maharashtra 2000 12 Yield 2000 13 Yield

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 9,000 April 30, 2025 (Wednesday) May 02, 2025 (Friday) 2 182 Days 5,000 3 364 Days 5,000 Total 19,000

As announced vide the Press Release 2024-2025/1933 dated January 15, 2025, the Reserve Bank will be conducting daily Variable Rate Repo (VRR) auctions on all working days in Mumbai with reversal taking place on the next working day, until further notice.

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2024 2025 Variation Apr. 19 Apr. 11 Apr. 18 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government - 0 0 0 0 4.2 State Governments 17496 35191 36792 1600 19295 * Data are provisional; difference, if any, is due to rounding off.

The Reserve Bank of India (RBI), vide order dated April 24, 2025, has cancelled the licence of “Imperial Urban Co-operative Bank Ltd., Jalandhar”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on April 25, 2025. The Registrar of Cooperative Societies, Government of Punjab has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.

Auction Results 6.75% GS 2029 7.09% GS 2054 I. Notified Amount ₹15,000 crore ₹12,000 crore II. Underwriting Notified Amount ₹15,000 crore ₹12,000 crore III. Competitive Bids Received (i) Number 200 219 (ii) Amount ₹42,433.000 crore ₹32,418.000 crore IV. Cut-off price / Yield 102.35 103.46 (YTM:6.1587%) (YTM:6.8145%) V. Competitive Bids Accepted

6.75% GS 2029 7.09% GS 2054 I. Notified Amount ₹15,000 crore ₹12,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 102.35/6.1587% 103.46/6.8145% III. Amount accepted in the auction ₹15,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period February 24, 2025 – February 28, 2025 All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 24-02-2025 6,259 2,292 2,311 403 447 283 20,214 25,752 2,362 4,760 2,178 500 25-02-2025 9,033 3,590 3,501 437 880 645 27,261 25,135 2,603 6,698 4,802 1,472