Press Releases - আৰবিআই - Reserve Bank of India
Press Releases
In the underwriting auctions conducted on July 05, 2024, 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: (₹ crore) Nomenclature of the Security Notified Amount Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten ACU Commission Cut-off rate (paise per ₹100) 7.02% GS 2027 6,000 3,003 2,997 6,000 0.06 7.23% GS 2039 12,000 6,006 5,994 12,000 0.08 7.30% GS 2053 10,000 5,019 4,981 10,000 0.12 Auction for the sale of securities will be held on July 05, 2024.
In the underwriting auctions conducted on July 05, 2024, 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: (₹ crore) Nomenclature of the Security Notified Amount Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten ACU Commission Cut-off rate (paise per ₹100) 7.02% GS 2027 6,000 3,003 2,997 6,000 0.06 7.23% GS 2039 12,000 6,006 5,994 12,000 0.08 7.30% GS 2053 10,000 5,019 4,981 10,000 0.12 Auction for the sale of securities will be held on July 05, 2024.
পিডিএফ ((Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 552,720.38 6.36 0.01-6.70 I. Call Money 12,084.89 6.50 5.10-6.55 II. Triparty Repo 389,141.30 6.35 6.32-6.70 III. Market Repo 150,674.19 6.36 0.01-6.50 IV. Repo in Corporate Bond 820.00 6.59 6.55-6.65
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 552,720.38 6.36 0.01-6.70 I. Call Money 12,084.89 6.50 5.10-6.55 II. Triparty Repo 389,141.30 6.35 6.32-6.70 III. Market Repo 150,674.19 6.36 0.01-6.50 IV. Repo in Corporate Bond 820.00 6.59 6.55-6.65
The Reserve Bank of India (RBI), vide order dated July 03, 2024, has cancelled the licence of “Banaras Merchantile Co-operative Bank Limited, Varanasi”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 04, 2024. The Commissioner for Cooperation and Registrar of Cooperative Societies, Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.
The Reserve Bank of India (RBI), vide order dated July 03, 2024, has cancelled the licence of “Banaras Merchantile Co-operative Bank Limited, Varanasi”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 04, 2024. The Commissioner for Cooperation and Registrar of Cooperative Societies, Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 05, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 3 10:30 AM to 11:00 AM July 08, 2024 (Monday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 05, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 3 10:30 AM to 11:00 AM July 08, 2024 (Monday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.
Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 33,020 Amount accepted (in ₹ crore) 33,020 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 33,020 Amount accepted (in ₹ crore) 33,020 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 04, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 1 12:45 PM to 1:15 PM July 05, 2024 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 04, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 1 12:45 PM to 1:15 PM July 05, 2024 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on July 05, 2024. 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:
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on July 05, 2024. 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) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 563,426.90 6.35 1.00-6.80 I. Call Money 12,119.80 6.49 5.10-6.55 II. Triparty Repo 393,536.70 6.34 6.24-6.40 III. Market Repo 156,965.40 6.36 1.00-6.74 IV. Repo in Corporate Bond 805.00 6.57 6.55-6.80
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 563,426.90 6.35 1.00-6.80 I. Call Money 12,119.80 6.49 5.10-6.55 II. Triparty Repo 393,536.70 6.34 6.24-6.40 III. Market Repo 156,965.40 6.36 1.00-6.74 IV. Repo in Corporate Bond 805.00 6.57 6.55-6.80
The Governor, Reserve Bank of India held meetings with the MD & CEOs of Public Sector Banks and select Private Sector Banks on July 3, 2024, in Mumbai. These interactions are part of the Reserve Bank's continuous engagement with the Senior Management of its Regulated Entities. The meetings were also attended by Deputy Governors, Shri M. Rajeshwar Rao and Shri Swaminathan J., along with Executive Directors-in-Charge of Regulation and Supervision functions. The previous such meeting was held on February 14, 2024.
The Governor, Reserve Bank of India held meetings with the MD & CEOs of Public Sector Banks and select Private Sector Banks on July 3, 2024, in Mumbai. These interactions are part of the Reserve Bank's continuous engagement with the Senior Management of its Regulated Entities. The meetings were also attended by Deputy Governors, Shri M. Rajeshwar Rao and Shri Swaminathan J., along with Executive Directors-in-Charge of Regulation and Supervision functions. The previous such meeting was held on February 14, 2024.
The Reserve Bank has today released data on Reserve Money for the week ended June 28, 2024.
The Reserve Bank has today released data on Reserve Money for the week ended June 28, 2024.
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹8000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 87 149 136 (ii) Amount ₹ 29591.105 Crore ₹ 27489.300 Crore ₹ 23189.700 Crore III. Cut-off price / Yield 98.3375 96.6739 93.5185 (YTM: 6.7810%) (YTM: 6.9000%) (YTM: 6.9498%) IV. Competitive Bids Accepted (i) Number 15 28 50 (ii) Amount ₹ 7934.710 Crore ₹ 5965.425 Crore ₹ 5962.296 Crore V. Partial Allotment Percentage of Competitive Bids 90.22% 15.01% 49.96% (2 Bids) (4 Bids) (1 Bid)
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹8000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 87 149 136 (ii) Amount ₹ 29591.105 Crore ₹ 27489.300 Crore ₹ 23189.700 Crore III. Cut-off price / Yield 98.3375 96.6739 93.5185 (YTM: 6.7810%) (YTM: 6.9000%) (YTM: 6.9498%) IV. Competitive Bids Accepted (i) Number 15 28 50 (ii) Amount ₹ 7934.710 Crore ₹ 5965.425 Crore ₹ 5962.296 Crore V. Partial Allotment Percentage of Competitive Bids 90.22% 15.01% 49.96% (2 Bids) (4 Bids) (1 Bid)
Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 25,145 Amount accepted (in ₹ crore) 25,145 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 25,145 Amount accepted (in ₹ crore) 25,145 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹8,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3375 (YTM:6.7810%) 96.6739 (YTM: 6.9000%) 93.5185 (YTM: 6.9498%) IV. Total Face Value Accepted ₹8,000 Crore ₹6,000 Crore ₹6,000 Crore
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹8,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3375 (YTM:6.7810%) 96.6739 (YTM: 6.9000%) 93.5185 (YTM: 6.9498%) IV. Total Face Value Accepted ₹8,000 Crore ₹6,000 Crore ₹6,000 Crore
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 03, 2024, Wednesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 2 12:30 PM to 01:00 PM July 05, 2024 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 03, 2024, Wednesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 2 12:30 PM to 01:00 PM July 05, 2024 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 584,261.28 6.37 0.52-6.75 I. Call Money 12,233.49 6.49 5.00-6.60 II. Triparty Repo 409,653.25 6.35 6.20-6.43 III. Market Repo 161,529.54 6.41 0.52-6.60 IV. Repo in Corporate Bond 845.00 6.65 6.65-6.75
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 584,261.28 6.37 0.52-6.75 I. Call Money 12,233.49 6.49 5.00-6.60 II. Triparty Repo 409,653.25 6.35 6.20-6.43 III. Market Repo 161,529.54 6.41 0.52-6.60 IV. Repo in Corporate Bond 845.00 6.65 6.65-6.75
The following Nine 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. i) Due to exit from Non-Banking Financial Institution (NBFI) business: Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of cancellation of CoR 1 Vigfin Holdings Private Limited New No. 24, Old No. 15, Yogambal Street, T Nagar, Chennai, Tamil Nadu – 600 017 B-07.00369 February 27, 2002 May 06, 2024 2 Strip Commodeal Pvt Ltd Haute Street, 86A, Topsia Road South, 2nd Floor, Kolkata, West Bengal - 700046 B-05.05669 October 16, 2003 May 09, 2024
The following Nine 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. i) Due to exit from Non-Banking Financial Institution (NBFI) business: Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of cancellation of CoR 1 Vigfin Holdings Private Limited New No. 24, Old No. 15, Yogambal Street, T Nagar, Chennai, Tamil Nadu – 600 017 B-07.00369 February 27, 2002 May 06, 2024 2 Strip Commodeal Pvt Ltd Haute Street, 86A, Topsia Road South, 2nd Floor, Kolkata, West Bengal - 700046 B-05.05669 October 16, 2003 May 09, 2024
The result of the auction of State Government Securities held on July 02, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2033 ANDHRA PRADESH 2036 ANDHRA PRADESH 2041 ANDHRA PRADESH 2045 Notified Amount 1000 1000 1000 1000 Tenure 9 12 17 21 Competitive Bids Received (i) No. 68 77 33 28 (ii) Amount 4330 5300 2320 2450 Cut-off Yield (%) 7.37 7.37 7.36 7.36 Competitive Bids Accepted (i) No. 31 26 10 13 (ii) Amount 937.817 961.397 999.96 999.974
The result of the auction of State Government Securities held on July 02, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2033 ANDHRA PRADESH 2036 ANDHRA PRADESH 2041 ANDHRA PRADESH 2045 Notified Amount 1000 1000 1000 1000 Tenure 9 12 17 21 Competitive Bids Received (i) No. 68 77 33 28 (ii) Amount 4330 5300 2320 2450 Cut-off Yield (%) 7.37 7.37 7.36 7.36 Competitive Bids Accepted (i) No. 31 26 10 13 (ii) Amount 937.817 961.397 999.96 999.974
Over the years, the Reserve Bank has been progressively liberalising policies governing foreign exchange transactions, under FEMA, 1999. In continuation of these efforts, as announced in the Statement on Developmental and Regulatory Policies of June 2024, it has been decided to rationalise regulations that cover export and import transactions. The proposed regulations are intended to promote ease of doing business, especially for small exporters and importers. They are also intended to empower Authorised Dealer banks to provide quicker and more efficient service to their foreign exchange customers.
Over the years, the Reserve Bank has been progressively liberalising policies governing foreign exchange transactions, under FEMA, 1999. In continuation of these efforts, as announced in the Statement on Developmental and Regulatory Policies of June 2024, it has been decided to rationalise regulations that cover export and import transactions. The proposed regulations are intended to promote ease of doing business, especially for small exporters and importers. They are also intended to empower Authorised Dealer banks to provide quicker and more efficient service to their foreign exchange customers.
Sr. No. State/UT Amount to be raised (₹Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.37 09 1000 1000 7.37 12 1000 1000 7.36 17 1000 1000 7.36 21 1000 1000 7.36 24 2 Jammu and Kashmir 500 500 7.36 22 3 Kerala 1500 1500 7.42 22 4 Manipur 200 200 7.39 12 5 Meghalaya 400 400 7.39 10 . 6 Punjab* 1000 992.875 7.38 9 1500 1500 7.38 10 7 Tamil Nadu 2000 2000 7.35 10 8 Telangana 1000 1000 7.36 13 1000 1000 7.37 18 Total 14,100 14,092.875
Sr. No. State/UT Amount to be raised (₹Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.37 09 1000 1000 7.37 12 1000 1000 7.36 17 1000 1000 7.36 21 1000 1000 7.36 24 2 Jammu and Kashmir 500 500 7.36 22 3 Kerala 1500 1500 7.42 22 4 Manipur 200 200 7.39 12 5 Meghalaya 400 400 7.39 10 . 6 Punjab* 1000 992.875 7.38 9 1500 1500 7.38 10 7 Tamil Nadu 2000 2000 7.35 10 8 Telangana 1000 1000 7.36 13 1000 1000 7.37 18 Total 14,100 14,092.875
Tenor 3-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 38,227 Amount accepted (in ₹ crore) 38,227 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
Tenor 3-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 38,227 Amount accepted (in ₹ crore) 38,227 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
ভাৰতীয় ৰিজাৰ্ভ বেংক মোবাইল এপ্পলিকেষ্যন ইনষ্টল কৰক আৰু নৱীনতম বাতৰিৰ প্ৰৱেশাধিকাৰ পাওক!
পৃষ্ঠাটো শেহতীয়া আপডেট কৰা তাৰিখ: জুলাই 16, 2024
