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 12,000 January 29, 2025 (Wednesday) January 30, 2025 (Thursday) 2 182 Days 8,000 3 364 Days 8,000 Total 28,000 The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended from time to time. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount. Individuals can also participate on non-competitive basis as retail investors. For

As announced vide the Press Release 2024-2025/1933 dated January 15, 2025, the Reserve Bank will be conducting daily Variable Rate Repo (VRR) auctions on all working days in Mumbai with reversal taking place on the next working day, until further notice.

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2024 2025 Variation Jan. 19 Jan. 10 Jan. 17 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government - 0 0 0 0 4.2 State Governments 18712 14620 23623 9003 4911 * Data are provisional; difference, if any, is due to rounding off.

Auction Results 6.79% GS 2034 7.09% GS 2074 I. Notified Amount ₹22,000 crore ₹10,000 crore II. Underwriting Notified Amount ₹22,000 crore ₹10,000 crore III. Competitive Bids Received (i) Number 329 166 (ii) Amount ₹53466.647 Crore ₹21200.846 Crore

6.79% GS 2034 7.09% GS 2074 I. Notified Amount ₹22,000 crore ₹10,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 100.43/6.7270% 100.86/7.0266% III. Amount accepted in the auction ₹22,000 crore ₹10,000 crore IV. Devolvement on Primary Dealers NIL NIL

Tenor 14-day Notified Amount (in ₹ crore) 1,75,000 Total amount of bids received (in ₹ crore) 1,62,096 Amount allotted (in ₹ crore) 1,62,096 Cut off Rate (%) 6.51 Weighted Average Rate (%) 6.51 Partial Allotment Percentage of bids received at cut off rate (%) NA

Tenor 3-day Notified Amount (in ₹ crore) 2,00,000 Total amount of bids received (in ₹ crore) 2,22,968 Amount allotted (in ₹ crore) 2,00,011 Cut off Rate (%) 6.52 Weighted Average Rate (%) 6.53 Partial Allotment Percentage of bids received at cut off rate (%) 93.76%

In the underwriting auction conducted on January 24, 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:

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,43,213.23 6.56 5.00-6.95 I. Call Money 10,718.40 6.57 5.10-6.70 II. Triparty Repo 3,81,865.60 6.54 6.22-6.64 III. Market Repo 1,49,466.53 6.61 5.00-6.85 IV. Repo in Corporate Bond 1,162.70 6.91 6.90-6.95

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949, to Indian Mercantile Co-operative Bank Limited (IMCBL), Lucknow vide Directive DOS.CO.OCCD.185569/12.28.007/2021-22 dated January 28, 2022 for a period of six months upto July 27, 2022, as modified from time to time, which were last extended upto January 27, 2025 vide Directive DOR.MON/D-63/12.28.007/2024-25 dated October 18, 2024. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond January 27, 2025.