Press Releases

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 8,000 July 03,2024 (Wednesday) July 04,2024 (Thursday) 2 182 Days 6,000 3 364 Days 6,000 Total 20,000

In terms of GOI Notifications F. No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18, Series XIV - Issue date January 01, 2018) and F. No. 4(22) – B(W&M)/2018 dated October 08, 2018 (SGB 2018-19, Series IV - Issue date January 01, 2019) 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 July 01, 2024.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹14,100 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Additional Borrowing (Greenshoe) Option (₹ Crore) Tenure (Year) Type of Auction 1. Andhra Pradesh 1000 - 09 Yield 1000 - 12 Yield 1000 - 17 Yield 1000 - 21 Yield 1000 - 24 Yield 2. Jammu and Kashmir 500 - 22 Yield 3. Kerala 1500 - 22 Yield 4. Manipur 200 - 12 Yield 5. Meghalaya 400 - 10 Yield . 6. Punjab 1000 - 9 Yield 1500 - 10 Yield 7. Tamil Nadu 2000 - 10 Yield 8. Telangana 1000 - 13 Yield 1000 - 18 Yield Total 14,100

(For the Quarter ending September 2024) After reviewing the cash position of the Central Government, the Reserve Bank of India, in consultation with the Government of India, hereby, notifies the calendar for issuance of Treasury Bills for the quarter ending September 2024 as under: Notified Amount for Auction of Treasury Bills (July 01, 2024 to September 30, 2024) (₹ Crore) Date of Auction Date of Issue 91 Days 182 Days 364 Days Total July 3, 2024 July 4, 2024 8,000 6,000 6,000 20,000 July 10, 2024 July 11, 2024 8,000 6,000 6,000 20,000

The Reserve Bank of India, in consultation with the State Governments/Union Territories (UTs), announces that the quantum of total market borrowings by the State Governments/UTs for the quarter July – September 2024, is expected to be ₹2,63,562 Crore. The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confirmed participation and tentative amounts indicated by them is as under

The limits for financial accommodation extended by the Reserve Bank of India to State Governments / Union Territories (UTs) through Special Drawing Facility (SDF), Ways and Means Advances (WMA), and Overdraft (OD) schemes were last reviewed and announced on April 01, 2022.

Today, the Reserve Bank released data on the performance of the private corporate sector during 2023-24 drawn from abridged financial results of 3,281 listed non-government non-financial (NGNF) companies. These also include data for 2022-23 to enable comparison (web-link https://data.rbi.org.in/DBIE) Highlights Sales Annual sales growth of listed private non-financial companies moderated to 4.7 per cent during 2023-24 from the high of 19.8 per cent in 2022-23, which included the post-pandemic recovery period (Table 1A). Among major sectors, sales of manufacturing, information technology (IT) and non-IT services companies rose by 3.5 per cent, 5.5 per cent and 7.9 per cent, respectively, during 2023 

Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of June 2024 are set out in Tables 1 to 7. Highlights: Lending Rates: • The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 9.39 per cent in May 2024 (9.55 per cent in April 2024). • The WALR on outstanding rupee loans of SCBs was unchanged at 9.83 per cent in May 2024. • 1-Year median Marginal Cost of fund-based Lending Rate (MCLR) of SCBs moved to 8.85 per cent in June 2024 from 8.79 per cent in May 2024.

The value of exports and imports of services during May 2024 is given in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) January – 2024 31,009 (10.7) 14,842 (0.1) February – 2024 28,335 (3.4) 15,231 (1.7) March – 2024 30,014 (-1.4) 16,599 (-2.1) April – 2024 

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 16-Jun-23 31-May-2024* 14-Jun-2024* 16-Jun-23 31-May-2024* 14-Jun-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 244966.09 283850.22 273343.39 247408.55 287696.36 277132.61 b) Borrowings from banks 39769.92 163095.32 151774.70 39846.04 163135.01 151776.70 c) Other demand & time liabilities 61063.21 76511.12 75822.77 61719.33 76934.48 76088.94 

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Jun. 23 Jun. 14 Jun. 21 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 12339 7994 4039 -3955 -8300 * Data are provisional; difference, if any, is due to rounding off.

The Reserve Bank of India has been regularly conducting Inflation Expectations Survey of Households (IESH). The July 2024 round of the survey is being launched. The survey aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities, viz., Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi and Thiruvananthapuram. The survey seeks qualitative responses from households on price changes (general prices as well as prices of specific product groups) in the three months ahead as well as in the one year ahead period and quantitative responses on current, three months ahead and one year ahead inflation rates. The results of this survey provide useful inputs for monetary policy.

The Reserve Bank of India has been regularly conducting Consumer Confidence Survey (CCS). The July 2024 round of the survey is being launched. The survey seeks qualitative responses from households, regarding their sentiments on general economic situation, employment scenario, price level, households’ income and spending. The survey is conducted regularly in 19 cities, viz., Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi and Thiruvananthapuram. The results of this survey provide useful inputs for monetary policy. The agency, M/s Hansa Research Group Pvt. Ltd., Mumbai has been engaged to conduct the survey of this round on behalf of the Reserve Bank of India. For this purpose, the selected households will be approached by the agency and they are requested to provide their responses. Other individuals, who are not approached by the agency, can also participate in this survey by providing their responses using the linked survey schedule. The filled in survey schedule may be e-mailed as per the contact details given below. In case of any query/clarification, kindly contact at the following address: The Director, Division of Household Surveys, Department of Statistics and Information Management, Reserve Bank of India, C-8, 2nd Floor, Bandra- Kurla Complex, Bandra (East), Mumbai-400 051; Phone: 022-2657 8398, 022-2657 8332; E-mail: helpieshdsim@rbi.org.in

Today, the Reserve Bank held its 18th Annual Statistics Day Conference with the theme ‘RBI Statistics@90’ as a part of the ‘National Statistics Day’ celebrations in the memory of late Professor Prasanta Chandra Mahalanobis, who made pioneering contributions in laying the foundations of modern day official statistics in India.

Data on sectoral deployment of bank credit for the month of May 2024 collected from 41 select scheduled commercial banks, accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit registered a growth of 16.2 per cent in May 2024 as compared with 15.5 per cent a year ago.

The Reserve Bank of India (RBI) has, by an order dated June 24, 2024, imposed a monetary penalty of ₹29.60 lakh (Rupees Twenty-Nine lakh and Sixty thousand only) on The Hongkong and Shanghai Banking Corporation Limited (the bank) for non-compliance with certain directions issued by RBI on ‘Credit Card, Debit Card and Rupee Denominated Co-branded Pre-paid Card operations of Banks’ reiterated in ‘Reserve Bank of India (Credit Card and Debit Card – Issuance and Conduct) Directions, 2022’.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.

Auction Results 7.10% GS 2034 7.34% GS 2064 I. Notified Amount ₹20,000 Crore ₹11,000 Crore II. Underwriting Notified Amount ₹20,000 Crore ₹11,000 Crore III. Competitive Bids Received (i) Number 267 209 (ii) Amount ₹47776.500 Crore ₹25570.000 Crore IV. Cut-off price / Yield 100.55 103.15 (YTM: 7.0191%) (YTM: 7.1004%) V. Competitive Bids Accepted (i) Number 146 109 (ii) Amount ₹19988.089 Crore ₹10993.528 Crore

7.10% GS 2034 7.34% GS 2064 I. Notified Amount ₹20,000 crore ₹11,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 100.55/7.0191% 103.15/7.1004% III. Amount accepted in the auction ₹20,000 crore ₹11,000 crore IV. Devolvement on Primary Dealers NIL NIL

Tenor 3-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 88,625 Amount allotted (in ₹ crore) 50,003 Cut off Rate (%) 6.65 Weighted Average Rate (%) 6.69 Partial Allotment Percentage of bids received at cut off rate (%) 18.37

In the underwriting auctions conducted on June 28, 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) 7.10% GS 2034 20,000 10,017 9,983 20,000 0.08 7.34% GS 2064 11,000 5,502 5,498 11,000 0.10 Auction for the sale of securities will be held on June 28, 2024.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 572,514.96 6.70 4.00-7.00 I. Call Money 12,363.72 6.72 5.10-6.85 II. Triparty Repo 392,211.65 6.71 6.60-6.80 III. Market Repo 167,050.84 6.68 4.00-7.00 IV. Repo in Corporate Bond 888.75 6.95 6.94-7.00

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on June 28, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 10:00 AM to 10:30 AM July 01, 2024 (Monday) 2. No Main Operation i.e. 14-day Variable Rate Repo (VRR) / Variable Rate Reverse Repo (VRRR) auction will be conducted on June 28, 2024. 3. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

The Reserve Bank of India with the concurrence of the Government of India has decided to put in place a revised Framework on Currency Swap Arrangement for SAARC countries for the period 2024 to 2027. Under this Framework, the Reserve Bank would enter into bilateral swap agreements with SAARC central banks, who want to avail of the swap facility. It may be recalled that the SAARC Currency Swap Facility came into operation on November 15, 2012 with an intention to provide a backstop line of funding for short term foreign exchange liquidity requirements or balance of payment crises of the SAARC countries till longer term arrangements are made.

Today, the Reserve Bank released the 29th issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on the resilience of the Indian financial system and risks to financial stability. Highlights:The global economy is facing heightened risks from prolonged geopolitical tensions, elevated public debt, and the slow progress in the last mile of disinflation. Despite these challenges, the global financial system has remained resilient, and financial conditions stable.

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on June 28, 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

MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range Overnight Segment (I+II+III+IV) 589,788.00 6.54 5.10-7.00 I. Call Money 13,845.66 6.59 5.10-6.75 II. Triparty Repo 412,647.50 6.54 6.44-6.73 III. Market Repo 162,369.13 6.54 5.50-6.85 IV. Repo in Corporate Bond 925.71 6.78 6.75-7.00 Term Segment I. Notice Money** 205.50 6.53 6.25-6.65 II. Term Money@@ 154.00 - 6.95-7.45 III. Triparty Repo 10,400.00 6.85 6.45-7.00 IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.00 - 

The Reserve Bank has today released data on Reserve Money for the week ended June 21, 2024 and Money Supply for the fortnight ended June 14, 2024.

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹ 4000 Crore ₹ 4000 Crore ₹ 4000 Crore II. Competitive Bids Received (i) Number 78 84 99 (ii) Amount ₹ 21345.420 Crore ₹ 16912.650 Crore ₹ 15036.100 Crore III. Cut-off price / Yield 98.3321 96.6650 93.5101 (YTM:6.8034%) (YTM:6.9191%) (YTM:6.9594%) IV. Competitive Bids Accepted (i) Number 16 1 6

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹4,000 Crore ₹4,000 Crore ₹4,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3321 (YTM: 6.8034%) 96.6650 (YTM: 6.9191%) 93.5101 (YTM: 6.9594%) IV. Total Face Value Accepted ₹4,000 Crore ₹4,000 Crore ₹4,000 Crore

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 21 – May 24, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 13 - May 17, 2024. 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

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 06 - May 10, 2024. 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 Purchase 06-05-2024 4,599 1,216 913 371 433 434 13,289 13,581 747 6,542 1,712 338 07-05-2024 4,060 1,062 481 427 186 164 12,659 10,887 1,983 8,482 2,168 315

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period April 29 - May 03, 2024.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 589,693.74 6.52 5.10-6.85 I. Call Money 15,147.06 6.59 5.10-6.75 II. Triparty Repo 408,238.65 6.50 6.25-6.64 III. Market Repo 165,438.03 6.54 5.50-6.85 IV. Repo in Corporate Bond 870.00 6.75 6.73-6.80

In terms of GOI Notification F.No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series XIII -Issue date December 26, 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 tranche shall be on June 26, 2024.

Today, the Reserve Bank released data relating to India’s International Investment Position for end-March 2024[1]. Key Features IIP during January-March 2024: Net claims of non-residents on India declined by US$ 6.4 billion during Q4:2023-24 to US$ 361.7 billion as at end-March 2024. Indian residents’ overseas financial assets recorded higher rise (US$ 38.1 billion) as compared to that in the foreign-owned assets in India (US$ 31.7 billion), which led to the decline in net claims of non-residents during the quarter (Table 1).

The stock of external debt at end-March 2024 as well as revised data for earlier quarters are set out in Statements I (IMF format[1]) and II (old format). The major developments relating to India’s external debt as at end-March 2024 are presented below. Highlights At end-March 2024, India’s external debt was placed at US$ 663.8 billion, an increase of US$ 39.7 billion over its level at end-March 2023 (Table 1).
The external debt to GDP ratio declined to 18.7 per cent at end-March 2024 from 19.0 per cent at end-March 2023.
Valuation effect due to the appreciation of the US dollar vis-à-vis the Indian rupee and other major currencies such as yen, the euro and SDR[2] amounted to US$ 8.7 billion. Excluding the valuation effect, external debt would have increased by US$ 48.4 billion instead of US$ 39.7 billion at end-March 2024 over end-March 2023.
At end-March 2024, long-term debt (with original maturity of above one year) was placed at US$ 541.2 billion, recording an increase of US$ 45.6 billion over its level at end-March 2023.
The share of short-term debt (with original maturity of up to one year) in total external debt declined to 18.5 per cent at end-March 2024 from 20.6 per cent at end-March 2023. Similarly, the ratio of short-term debt (original maturity) to foreign exchange reserves declined to 19.0 per cent at end-March 2024 (22.2 per cent at end-March 2023).
Short-term debt on residual maturity basis (i.e., debt obligations that include long-term debt by original maturity falling due over the next twelve months and short-term debt by original maturity) constituted 42.9 per cent of total external debt at end-March 2024 (44.0 per cent at end-March 2023) and stood at 44.1 per cent of foreign exchange reserves (47.4 per cent at end-March 2023) (Table 2).
US dollar-denominated debt remained the largest component of India’s external debt, with a share of 53.8 per cent at end-March 2024, followed by debt denominated in the Indian rupee (31.5 per cent), yen (5.8 per cent), SDR (5.4 per cent), and euro (2.8 per cent).

The result of the auction of State Government Securities held on June 25, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2035 ANDHRA PRADESH 2044 HARYANA 2036 JAMMU AND KASHMIR UT 2054 Notified Amount 1000 1000 1500 500 Tenure 11 20 12 30 Competitive Bids Received (i) No. 85 22 94 12 (ii) Amount 6060 2725 6548 1350.50 Cut off Yield (%) 7.34 7.31 7.33 7.28 Competitive Bids Accepted (i) No. 14 11 11 3 (ii) Amount 900 984.945 1350 499.925

The Reserve Bank of India issued All Inclusive Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Colour Merchants Co-operative Bank Ltd., Ahmedabad vide Directive AMD.DOS.SSM.No.S1053/11-03-039/2023-2024 dated September 25, 2023, for a period of six months up to close of business on March 25, 2024, which was last extended up to June 25, 2024 vide Directive DOR.MON/D-141/12.21.039/2023-24 dated March 18, 2024.

Sr. No. State/UT Amount to be raised (₹Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.34 11 1000 1000 7.31 20 2 Haryana 1500 1500 7.33 12 3 Jammu and Kashmir 500 500 7.28 30 4 Kerala 1500 1500 7.32 17 5 Mizoram 71 71 7.36 15 6 Rajasthan 1500 1500 7.34 10 1000 1000 7.33 19 1500 1500 7.33 20 7 Tamil Nadu 3000 3000 7.27 30 8 Telangana 1000 1000 7.31 18 9 West Bengal 2000 2000 7.34 15 1500 1500 7.34 18 Total 17,071 17,071

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 572,900.67 6.60 5.10-7.10 I. Call Money 15,333.45 6.71 5.10-6.85 II. Triparty Repo 388,662.95 6.57 6.24-6.65 III. Market Repo 167,989.27 6.64 5.50-6.79 IV. Repo in Corporate Bond 915.00 6.88 6.85-7.10

Government of India (GOI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹31,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (Rs. crore) GoI specific Notification Auction Date Settlement Date 1 7.10% GS 2034 Apr 08, 2034 20,000 F.No.4(3)-B(W&M)/2024 dated June 24, 2024 June 28, 2024 (Friday) July 01, 2024 (Monday) 2 7.34% GS 2064 Apr 22, 2064 11,000 Total 31,000

The Reserve Bank of India (RBI) has, by an order dated June 21, 2024, imposed a monetary penalty of ₹25,000/- (Rupees Twenty-five thousand only) on The Hirasugar Employees’ Co-operative Bank Limited, Belagavi, Karnataka (the bank) for non-compliance with the directions issued by RBI on ‘Exposure Norms and Statutory/Other Restrictions − UCBs’. This penalty has been imposed in exercise of powers vested in RBI, conferred 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 June 20, 2024, imposed a monetary penalty of ₹2,00,000/- (Rupees Two lakh only) on the National Insurance Employees’ Co-operative Credit & Banking Society Limited, Kolkata (the bank) for non-compliance with certain provisions of RBI directions on ‘Investments by Primary (Urban) Co-operative Banks’ and ‘Know your Customer (KYC) Direction, 2016’. This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

Today, the Reserve Bank of India released balance of payments (BoP) data for the fourth quarter (Q4), i.e., January-March 2023-24 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during 2023-24 are detailed below in Table 1. Table 1: Sources of Variation in Foreign Exchange Reserves* (US$ billion) Items 2022-23 2023-24 I. Current Account Balance -67.1 -23.3 II. Capital Account (net) (a to f) 57.9 87.0 a. Foreign Investment (i+ii) 22.8 53.9 (i) Foreign Direct Investment (FDI) 28.0 9.8 (ii)Portfolio Investment -5.2 44.1 

Preliminary data on India’s balance of payments (BoP) for the fourth quarter (Q4), i.e., January-March 2023-24, are presented in Statements I and II. Key Features of India’s BoP in Q4:2023-24 India’s current account balance recorded a surplus of US$ 5.7 billion (0.6 per cent of GDP) in Q4:2023-24 as against a deficit of US$ 8.7 billion (1.0 per cent of GDP) in Q3:2023-24 and US$ 1.3 billion (0.2 per cent of GDP) a year ago [i.e., Q4:2022-23] . The merchandise trade deficit at US$ 50.9 billion in Q4:2023-24 was lower than US$ 52.6 billion a year ago. Preliminary data on India’s balance of payments (BoP) for the fourth quarter (Q4), i.e., January-March 2023-24, are presented in Statements I and II. Key Features of India’s BoP in Q4:2023-24 India’s current account balance recorded a surplus of US$ 5.7 billion (0.6 per cent of GDP) in Q4:2023-24 as against a deficit of US$ 8.7 billion (1.0 per cent of GDP) in Q3:2023-24 and US$ 1.3 billion (0.2 per cent of GDP) a year ago [i.e., Q4:2022-23] . The merchandise trade deficit at US$ 50.9 billion in Q4:2023-24 was lower than US$ 52.6 billion a year ago.

A. Source Security 5.22% GS 2025 8.20% GS 2025 8.20% GS 2025 7.59% GS 2026 7.27% GS 2026 8.33% GS 2026 B. Notified Amount (amount in ₹ cr) 3,500 2,000 3,500 2,000 1,000 3,500 Destination Security 7.40% GS 2035 6.10% GS 2031 7.41% GS 2036 7.73% GS 2034 6.83% GS 2039 7.41% GS 2036 C. i. No. of offers received 12 2 8 5 0 12 ii. Total amount of Source Security offered (Face value in ₹ cr) 3,582.000 2,035.000 3,710.00 3,139.800 0.000 4,095.000 iii. No of offers accepted 5 1 4 4 0 8 iv. Total amount of source security accepted (Face value in ₹ cr) 1,300.00 2,000.000 2,000.000 2,000.000 0 3,135.000 v. Total amount of destination security issued (Face value in ₹ cr) 1,242.667 2,136.325 1,965.206 1,921.452 0 3,114.437 vi. Cut-off price (₹) / yield (%) for destination security 102.92/ 7.0173 94.92/ 7.0255 103.17/ 7.0242 104.98/ 7.0497 NA 103.17/ 7.0242

Tenor 4-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 38,890 Amount allotted (in ₹ crore) 25,005 Cut off Rate (%) 6.51 Weighted Average Rate (%) 6.53 Partial Allotment Percentage of bids received at cut off rate (%) 15.82

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - -

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - -