Press Releases

Tenor 43-day Notified Amount (in ₹ crore) 1,50,000 Total amount of bids received (in ₹ crore) 25,731 Amount allotted (in ₹ crore) 25,731 Cut off Rate (%) 6.01 Weighted Average Rate (%) 6.02 Partial Allotment Percentage of bids received at cut off rate (%) NA

Tenor 4-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 6,514 Amount allotted (in ₹ crore) 6,514 Cut off Rate (%) 6.01 Weighted Average Rate (%) 6.01 Partial Allotment Percentage of bids received at cut off rate (%) NA

In the underwriting auction conducted on April 17, 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: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC)

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,42,987.93 5.76 4.00-6.55 I. Call Money 18,005.06 5.85 4.95-5.95 II. Triparty Repo 4,28,281.20 5.71 5.38-5.99 III. Market Repo 1,94,927.67 5.85 4.00-6.55 IV. Repo in Corporate Bond 1,774.00 6.01 6.00-6.20

The Reserve Bank of India (RBI), vide order April 15, 2025, has cancelled the licence of “Colour Merchants Co-operative Bank Ltd., Ahmedabad, Gujarat”. Consequently, the bank ceases to carry on banking business with effect from the close of business on April 16, 2025. Registrar of Cooperative Societies, Gujarat has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.

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.

The Reserve Bank has today released data on Reserve Money for the week ended April 11, 2025.

The Reserve Bank has launched the 110th round of the quarterly Industrial Outlook Survey (IOS) of the Indian manufacturing sector for the reference period April-June 2025. The survey assesses business sentiments for the current quarter (Q1:2025-26) and expectations for the ensuing quarter (Q2:2025-26), based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment conditions and the price situation. The outlook

The Reserve Bank has launched the 45th round of the quarterly Services and Infrastructure Outlook Survey (SIOS) for the reference period April-June 2025. The survey assesses the business situation for the current quarter (Q1:2025-26) from selected companies in the services and infrastructure sectors in India and their expectations for the ensuing quarter (Q2:2025-26) based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment conditions and the price situation. The outlook on key parameters for the two subsequent quarters (Q3:2025-26 and Q4:2025-26) are also covered. 

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹9,000 Crore ₹5,000 Crore ₹5,000 Crore II. Competitive Bids Received (i) Number 86 92 98 (ii) Amount ₹21435.570 Crore ₹19505.300 Crore ₹23519.900 Crore III. Cut-off price / Yield 98.5418 97.0858 94.3406 (YTM: 5.9354%) (YTM: 6.0198%) (YTM: 6.0154%) IV. Competitive Bids Accepted

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹9,000 Crore ₹5,000 Crore ₹5,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.5418 (YTM:5.9354%) 97.0858 (YTM: 6.0198%) 94.3406 (YTM: 6.0154%)

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on April 17, 2025 (Thursday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), are as under:

Tenor 1-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 10,346 Amount allotted (in ₹ crore) 10,346 Cut off Rate (%) 6.01 Weighted Average Rate (%) 6.01 Partial Allotment Percentage of bids received at cut off rate (%) NA

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,26,000.41 5.76 3.00-6.80 I. Call Money 14,971.25 5.84 5.00-5.95 II. Triparty Repo 4,07,428.90 5.74 5.55-5.80 III. Market Repo 2,01,961.26 5.79 3.00-6.80 IV. Repo in Corporate Bond 1,639.00 5.96 5.90-6.05

Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹28,000 crore (face value). The security-wise details of the conversion/switch are given as under:

In terms of GOI Notification F. No.4(25)-W&M/2017 dated October 06, 2017 (SGB 2017-18 Series III-Issue date October 16, 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 April 16, 2025.

The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of February 2025.

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.

The result of the auction of State Government Securities held on April 15, 2025, is as under: (Amount in ₹ Crore) CHHATTISGARH SDL 2028 TAMILNADU SGS 2035 TELANGANA SGS 2056 Total Notified Amount 1000 1000 1000 3000 Tenure Re-issue of 6.53% Chhattisgarh SDL 2028, issued on September 15, 2021 10 31 Competitive Bids Received (i) No. 23 63 10 96 (ii) Amount 3630 4625 3550 11805

The framework on countercyclical capital buffer (CCyB) was put in place by the Reserve Bank in terms of guidelines issued on February 5, 2015 wherein it was advised that CCyB would be activated as and when circumstances warranted, and that the decision would normally be pre-announced. The framework envisages credit-to-GDP gap as the main indicator, which may be used in conjunction with other supplementary indicators.