(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) 549,495.72 6.59 5.10-7.60 I. Call Money 10,473.93 6.54 5.10-6.80 II. Triparty Repo 346,150.80 6.60 6.40-7.00 III. Market Repo 192,132.99 6.57 6.00-6.95 IV. Repo in Corporate Bond 738.00 6.84 6.75-7.60

(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 - -

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Mar. 3 Feb. 23 Mar. 1 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 14077 14809 3252 -11557 -10825 * Data are provisional; difference, if any, is due to rounding off. 

Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan was placed under All-Inclusive Directions from close of business on November 09, 2018 for a period of six months’ subject to review, vide Directive dated October 26, 2018. The validity of the directions was last extended vide Directive dated December 08, 2023, for three months up to close of business March 09, 2024, subject to review.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹26,544 Crore (Face Value).

In terms of GOI Notification F.No.4(16) - W&M/2016 dated February 23, 2017 (SGB 2016-17 Series IV-Issue date March 17, 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 March 16, 2024 (March 17, 2024 being Sunday).

The Reserve Bank of India, vide Directive: LKO.DOS.SED.No.S875/10.03.759/2022-23 dated March 09, 2023 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), had placed the National Mercantile Co-operative Bank Ltd., Lucknow (U.P)  under Directions from the close of business on March 10, 2023. The validity of these Directions was extended time-to-time, last being up to March 10, 2024.

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details

The Reserve Bank of India, vide directive CO.DOS.SED.No.S8241/12-22-316/2022-2023 dated March 09, 2023, had placed Defence Accounts Cooperative Bank ltd, Pune under Directions from the close of business on March 10, 2023.

Scheduled Banks’ Statement of Position in India as on Friday, February 23, 2024

The Reserve Bank of India (RBI) and the Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) today in Mumbai for establishing a framework to promote the use of local currencies viz., the Indian Rupee (INR) and the Indonesian Rupiah (IDR) for cross-border transactions. The MoU was signed by the Governor, Reserve Bank of India, Shri Shaktikanta Das and the Governor, Bank Indonesia, Mr. Perry Warjiyo.

Tenor Notified Amount (in ₹ crore) Total amount of bids received (in ₹ crore) Amount allotted (in ₹ crore) Cut off Rate (%) Weighted Average Rate (%)
 

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 490,334.69 6.37 0.01-6.74 I. Call Money 9,994.53 6.44 5.10-6.55 II. Triparty Repo 310,463.95 6.35 6.28-6.74 III. Market Repo 169,186.21 6.39 0.01-6.70

The Reserve Bank of India, vide directive CO.DOS.SED.No.S8240/12-22-493/2022-2023 dated March 09, 2023, had placed Pune Sahakari Bank Ltd., Shivajinagar, Pune, Maharashtra under Directions from the close of business on March 10, 2023, for a period of six months. The validity of the directions was extended from time-to-time, the last being up to March 10, 2024.

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on March 07, 2024, Thursday, as under

The Reserve Bank has today released data on Reserve Money for the week ended March 01, 2024 and Money Supply for the fortnight ended February 23, 2024.

Today the Reserve Bank of India placed on its website a Working Paper titled, “Drivers of Commercial Paper Rate Spread – An Empirical Assessment” under the Reserve Bank of India Working Paper Series[1]. The paper is co-authored by Priyanka Priyadarshini, Anshul, Srijashree Sardar, Dipak R. Chaudhari and Sangeeta Das.

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹10000 Crore ₹15000 Crore ₹9000 Crore II. Competitive Bids Received (i) Number 103 214 137 (ii) Amount ₹31113 Crore ₹ 46996.100 Crore ₹ 37831.100 Crore III. Cut-off price / Yield 98.3091 96.5587 93.3834 (YTM:6.8988%) (YTM:7.1475%) (YTM:7.1049%) IV. Competitive Bids Accepted (i) Number 24 64 32 (ii) Amount ₹ 9948.016 Crore ₹ 14921.808 Crore ₹ 8985.315 Crore

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹10,000 Crore ₹15,000 Crore ₹9,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3091 (YTM: 6.8988%) 96.5587 (YTM: 7.1475%) 93.3834 (YTM: 7.1049%) IV. Total Face Value Accepted ₹10,000 Crore ₹15,000 Crore ₹9,000 Crore