Press Releases - Monetary Policy - আরবিআই - Reserve Bank of India
প্রেস রিলিজ
In pursuance of Governor’s Monetary Policy Statement of August 10, 2023, scheduled banks were required to maintain an incremental cash reserve ratio (I-CRR) of 10 per cent on the increase in their net demand and time liabilities (NDTL) between May 19, 2023 and July 28, 2023. The measure was intended to absorb the surplus liquidity generated by various factors, including the return of ₹2000 notes to the banking system. It was indicated that the I-CRR is a temporary measure for managing the liquidity overhang and that the I-CRR will be reviewed on September 8, 2023 or earlier with a view to returning the impounded funds to the banking system ahead of the festival season.
On a review, it has been decided to discontinue the I-CRR in a phased manner. Based on an assessment of current and evolving liquidity conditions, it has been decided that the amounts impounded under the I-CRR would be released in stages so that system liquidity is not subjected to sudden shocks and money markets function in an orderly manner. The release of funds would be as follows:
DateAmount to be released (₹ crore)
September 9, 202325 per cent of the I-CRR maintained
September 23, 202325 per cent of the I-CRR maintained
October 7, 202350 per cent of the I-CRR maintained
Details relating to the winding down of the I-CRR are being notified separately.
(Yogesh Dayal)
Chief General Manager
Press Release: 2023-2024/886
In pursuance of Governor’s Monetary Policy Statement of August 10, 2023, scheduled banks were required to maintain an incremental cash reserve ratio (I-CRR) of 10 per cent on the increase in their net demand and time liabilities (NDTL) between May 19, 2023 and July 28, 2023. The measure was intended to absorb the surplus liquidity generated by various factors, including the return of ₹2000 notes to the banking system. It was indicated that the I-CRR is a temporary measure for managing the liquidity overhang and that the I-CRR will be reviewed on September 8, 2023 or earlier with a view to returning the impounded funds to the banking system ahead of the festival season.
On a review, it has been decided to discontinue the I-CRR in a phased manner. Based on an assessment of current and evolving liquidity conditions, it has been decided that the amounts impounded under the I-CRR would be released in stages so that system liquidity is not subjected to sudden shocks and money markets function in an orderly manner. The release of funds would be as follows:
DateAmount to be released (₹ crore)
September 9, 202325 per cent of the I-CRR maintained
September 23, 202325 per cent of the I-CRR maintained
October 7, 202350 per cent of the I-CRR maintained
Details relating to the winding down of the I-CRR are being notified separately.
(Yogesh Dayal)
Chief General Manager
Press Release: 2023-2024/886
পিডিএফ (Tenor14-day Notified Amount (in ₹ crore)50,000 Total amount of offers received (in ₹ crore)18,670 Amount accepted (in ₹ crore)18,670 Cut off Rate (%)6.49 Weighted Average Rate (%)6.49 Partial Acceptance Percentage of offers received at cut off rateNA Ajit Prasad Director (Communications) Press Release: 2023-2024/885
Tenor14-day Notified Amount (in ₹ crore)50,000 Total amount of offers received (in ₹ crore)18,670 Amount accepted (in ₹ crore)18,670 Cut off Rate (%)6.49 Weighted Average Rate (%)6.49 Partial Acceptance Percentage of offers received at cut off rateNA Ajit Prasad Director (Communications) Press Release: 2023-2024/885
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on September 08, 2023, Friday, as under:
Sl. No.Notified Amount
(₹ crore)Tenor (day)Window TimingDate of Reversal
150,0001410:30 AM to 11:00 AMSeptember 22, 2023
(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.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/879
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on September 08, 2023, Friday, as under:
Sl. No.Notified Amount
(₹ crore)Tenor (day)Window TimingDate of Reversal
150,0001410:30 AM to 11:00 AMSeptember 22, 2023
(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.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/879
The Reserve Bank has today released data on Reserve Money for the week ended September 01, 2023 and Money Supply for the fortnight ended August 25, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/873
The Reserve Bank has today released data on Reserve Money for the week ended September 01, 2023 and Money Supply for the fortnight ended August 25, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/873
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The forty fourth meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during August 8 to 10, 2023. 2. The meeting was attended by all the members – Dr. Shashanka Bhide, Honorary Senior Advisor, National Council of Applied Economic Research, Delhi; Dr. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mu
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The forty fourth meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during August 8 to 10, 2023. 2. The meeting was attended by all the members – Dr. Shashanka Bhide, Honorary Senior Advisor, National Council of Applied Economic Research, Delhi; Dr. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mu
রিজার্ভ ব্যাঙ্ক অফ ইন্ডিয়া মোবাইল অ্যাপ্লিকেশন ইনস্টল করুন এবং সাম্প্রতিক সংবাদগুলিতে দ্রুত অ্যাক্সেস পান!
পেজের শেষ আপডেট করা তারিখ: জুলাই 19, 2024
