Press Releases
In the underwriting auction conducted on October 17, 2025, 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: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitive Underwriting Amount Accepted (₹ crore) Total Amount underwritten (₹ crore) ACU Commission Cut-off rate (Paise per ₹100) 6.01% GS 2030 18,000 9,009 8,991 18,000 0.13 7.09% GS 2074 12,000 6,006 5,994 12,000 0.21 Auction for the sale of securities will be held on October 17, 2025.
In the underwriting auction conducted on October 17, 2025, 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: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitive Underwriting Amount Accepted (₹ crore) Total Amount underwritten (₹ crore) ACU Commission Cut-off rate (Paise per ₹100) 6.01% GS 2030 18,000 9,009 8,991 18,000 0.13 7.09% GS 2074 12,000 6,006 5,994 12,000 0.21 Auction for the sale of securities will be held on October 17, 2025.
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,57,962.35 5.34 4.85-6.60 I. Call Money 17,803.74 5.40 4.85-6.10 II. Triparty Repo 4,36,269.35 5.32 5.11-5.42 III. Market Repo 2,00,957.71 5.39 4.95-5.90 IV. Repo in Corporate Bond 2,931.55 5.62 5.50-6.60 B. Term Segment I. Notice Money** 66.00 5.27 5.05-5.35
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,57,962.35 5.34 4.85-6.60 I. Call Money 17,803.74 5.40 4.85-6.10 II. Triparty Repo 4,36,269.35 5.32 5.11-5.42 III. Market Repo 2,00,957.71 5.39 4.95-5.90 IV. Repo in Corporate Bond 2,931.55 5.62 5.50-6.60 B. Term Segment I. Notice Money** 66.00 5.27 5.05-5.35
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Friday, October 17, 2025, as under:
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Friday, October 17, 2025, as under:
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹17,000 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Chhattisgarh 1000 15 Yield 1000 Re-issue of 7.14% Chhattisgarh SGS 2032, issued on March 19, 2025 Price 2. Maharashtra 1500 11 Yield
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹17,000 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Chhattisgarh 1000 15 Yield 1000 Re-issue of 7.14% Chhattisgarh SGS 2032, issued on March 19, 2025 Price 2. Maharashtra 1500 11 Yield
The Reserve Bank of India (RBI) has, by an order dated September 26, 2025, imposed a monetary penalty of ₹ 5.50 lakh (Rupees Five Lakh Fifty Thousand only) on The Ghatal Peoples Co-operative Bank Limited (the bank) for non-compliance with certain 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 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 September 26, 2025, imposed a monetary penalty of ₹ 5.50 lakh (Rupees Five Lakh Fifty Thousand only) on The Ghatal Peoples Co-operative Bank Limited (the bank) for non-compliance with certain 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 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 September 26, 2025, imposed a monetary penalty of ₹5.50 lakh (Rupees Five Lakh Fifty Thousand only) on The Gopalganj Central Co-operative Bank Limited, Bihar (the bank) for contravention of provisions of Section 9 read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain 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 47A(1)(c) read with Sections 46(4)(i) and 56 of the BR Act.
The Reserve Bank of India (RBI) has, by an order dated September 26, 2025, imposed a monetary penalty of ₹5.50 lakh (Rupees Five Lakh Fifty Thousand only) on The Gopalganj Central Co-operative Bank Limited, Bihar (the bank) for contravention of provisions of Section 9 read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain 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 47A(1)(c) read with Sections 46(4)(i) and 56 of the BR Act.
RBI imposes monetary penalty on Ranaghat People’s Co-operative Bank Limited, West Bengal The Reserve Bank of India (RBI) has, by an order dated September 24, 2025, imposed a monetary penalty of ₹5 lakh (Rupees Five Lakh only) on Ranaghat People’s Co-operative Bank Limited, West Bengal (the bank) for non-compliance with certain 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 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
RBI imposes monetary penalty on Ranaghat People’s Co-operative Bank Limited, West Bengal The Reserve Bank of India (RBI) has, by an order dated September 24, 2025, imposed a monetary penalty of ₹5 lakh (Rupees Five Lakh only) on Ranaghat People’s Co-operative Bank Limited, West Bengal (the bank) for non-compliance with certain 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 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 September 24, 2025, imposed a
The Reserve Bank of India (RBI) has, by an order dated September 24, 2025, imposed a
The Reserve Bank of India (RBI) has, by an order dated September 24, 2025, imposed a monetary penalty of ₹1.40 lakh (Rupees One Lakh Forty Thousand only) on The Begusarai Central Co-operative Bank Limited, Begusarai, Bihar (the bank) for non-compliance with certain 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
The Reserve Bank of India (RBI) has, by an order dated September 24, 2025, imposed a monetary penalty of ₹1.40 lakh (Rupees One Lakh Forty Thousand only) on The Begusarai Central Co-operative Bank Limited, Begusarai, Bihar (the bank) for non-compliance with certain 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
The Reserve Bank of India (RBI) has, by an order dated September 26, 2025, imposed a monetary penalty of ₹10,000/- (Rupees Ten Thousand Only) on The Boudh Co-operative Central Bank Ltd., Odisha (the bank) for non-compliance with certain directions issued by RBI on ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 25 read with Section 23 of the Credit Information Companies (Regulation Act),
The Reserve Bank of India (RBI) has, by an order dated September 26, 2025, imposed a monetary penalty of ₹10,000/- (Rupees Ten Thousand Only) on The Boudh Co-operative Central Bank Ltd., Odisha (the bank) for non-compliance with certain directions issued by RBI on ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 25 read with Section 23 of the Credit Information Companies (Regulation Act),
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Pune Sahakari Bank Ltd., Shivajinagar, Pune vide Directive No. CO.DOS.SED.No.S8240/12-22-493/2022-2023 dated March 09, 2023, for a period of six months. The same were modified from time to time and were last extended up to close of business on December 10, 2025.
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Pune Sahakari Bank Ltd., Shivajinagar, Pune vide Directive No. CO.DOS.SED.No.S8240/12-22-493/2022-2023 dated March 09, 2023, for a period of six months. The same were modified from time to time and were last extended up to close of business on December 10, 2025.
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 17, 2025 (Friday). As per the extant scheme o
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 17, 2025 (Friday). As per the extant scheme o
India's Digital Public Platforms (DPP) have become a powerful catalyst for inclusive growth and innovation. Foundational platforms for digital identity (Aadhaar) and real-time payments (Unified Payments Interface - UPI) have successfully demonstrated how to build resilient, cost-efficient public service delivery systems at scale.
India's Digital Public Platforms (DPP) have become a powerful catalyst for inclusive growth and innovation. Foundational platforms for digital identity (Aadhaar) and real-time payments (Unified Payments Interface - UPI) have successfully demonstrated how to build resilient, cost-efficient public service delivery systems at scale.
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,44,147.31 5.33 4.50-5.90 I. Call Money 18,944.29 5.37 4.75-5.60 II. Triparty Repo 4,22,101.80 5.32 5.15-5.65 III. Market Repo 1,99,444.67 5.35 4.50-5.90 IV. Repo in Corporate Bond 3,656.55 5.46 5.42-5.70 B. Term Segment I. Notice Money** 69.25 5.24 5.00-5.35
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,44,147.31 5.33 4.50-5.90 I. Call Money 18,944.29 5.37 4.75-5.60 II. Triparty Repo 4,22,101.80 5.32 5.15-5.65 III. Market Repo 1,99,444.67 5.35 4.50-5.90 IV. Repo in Corporate Bond 3,656.55 5.46 5.42-5.70 B. Term Segment I. Notice Money** 69.25 5.24 5.00-5.35
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹19,000 crore (face value). The security-wise details of the conversion/switch are given as under:
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹19,000 crore (face value). The security-wise details of the conversion/switch are given as under:
In terms of GOI Notification F.No.4(25)-W&M/2017 dated October 06, 2017 (SGB 2017-18 Series-III - Issue date October 16, 2017) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be October 16, 2025.
In terms of GOI Notification F.No.4(25)-W&M/2017 dated October 06, 2017 (SGB 2017-18 Series-III - Issue date October 16, 2017) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be October 16, 2025.
The Reserve Bank has today released data on Reserve Money for the week ended October 10, 2025.
The Reserve Bank has today released data on Reserve Money for the week ended October 10, 2025.
The fifty-seventh meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during September 29, 30 and October 1, 2025.
The fifty-seventh meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during September 29, 30 and October 1, 2025.
Auction Results 91-Day 182-Day 364-Day I. Notified Amount 7,000 6,000 6,000 II. Competitive Bids Received (i) Number 98 72 95 (ii) Amount 23,592.500 15,621.000 24,783.000 III. Cut-off price / Yield 98.6631 97.3084 94.7564 (YTM: 5.4350%) (YTM: 5.5473%) (YTM: 5.5490%) IV. Competitive Bids Accepted (i) Number 44 40 39 (ii) Amount 6,984.541 5,990.103 5,914.868 V. Partial Allotment Percentage of Competitive Bids 64.4082% 52.7353% 20.3736% (3 bids) (1 bid) (1 bid) VI. Weighted Average Price/Yield 98.6663 97.3124 94.7617
Auction Results 91-Day 182-Day 364-Day I. Notified Amount 7,000 6,000 6,000 II. Competitive Bids Received (i) Number 98 72 95 (ii) Amount 23,592.500 15,621.000 24,783.000 III. Cut-off price / Yield 98.6631 97.3084 94.7564 (YTM: 5.4350%) (YTM: 5.5473%) (YTM: 5.5490%) IV. Competitive Bids Accepted (i) Number 44 40 39 (ii) Amount 6,984.541 5,990.103 5,914.868 V. Partial Allotment Percentage of Competitive Bids 64.4082% 52.7353% 20.3736% (3 bids) (1 bid) (1 bid) VI. Weighted Average Price/Yield 98.6663 97.3124 94.7617
I. T-Bill 91-Day 182-Day 364-Day II. Total Face Value Notified ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.6631 (YTM: 5.4350%) 97.3084 (YTM: 5.5473%) 94.7564 (YTM: 5.5490%) IV. Total Face Value Accepted ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore
I. T-Bill 91-Day 182-Day 364-Day II. Total Face Value Notified ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.6631 (YTM: 5.4350%) 97.3084 (YTM: 5.5473%) 94.7564 (YTM: 5.5490%) IV. Total Face Value Accepted ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore