The Reserve Bank had set up the Working Group (Chairperson: Shri Radha Shyam Ratho) to undertake a comprehensive review of trading and settlement timings of financial markets regulated by the Reserve Bank. The Working Group provided recommendations aimed at facilitating further market development, price discovery, and optimization of liquidity requirements. Its report was published on the RBI’s website inviting comments from members of the public. The Reserve Bank has examined the recommendations of the Committee as well as the feedback received and it has been decided to implement the following recommendations:

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,28,883.45 5.14 0.01-6.55 I. Call Money 17,196.57 5.27 4.75-5.35 II. Triparty Repo 4,32,260.40 5.20 5.10-5.27 III. Market Repo 1,77,182.93 4.96 0.01-5.40 IV. Repo in Corporate Bond 2,243.55 5.47 5.40-6.55

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, June 27, 2025, as under:

The result of the auction of State Government Securities held on June 24, 2025, is as under: (Amount in ₹ Crore) GUJARAT 2028 HARYANA 2038 HARYANA 2040 JAMMU AND KASHMIR 2046 Notified Amount 1500 1000 1000 200 Tenor 3 -Years 13 -Years 15 -Years 21 -Years Competitive Bids Received (i) No. 45 75 57 15 (ii) Amount 5985 4407 3785 695

Result of Yield/ Price Based Auction of State Government Securities Sr. No.    State/UT    Notified Amount (₹ Crore) Amount Accepted (₹ Crore)    Cut off Price (₹)/ Yield (%)    Tenor (Year) 1.    Gujarat    1500    1500    6.10    03 2.    Haryana    1000    1000    7.05    13 1000    1000    7.04    15 3.    Jammu and Kashmir    200    200    7.08    21 4.    Kerala    2000    2000    7.09    27 5.    Maharashtra    2000    2000    6.98    12 

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,18,964.90 5.19 1.50-6.55 I. Call Money 16,996.13 5.27 4.75-5.35 II. Triparty Repo 4,18,203.05 5.23 5.01-5.27 III. Market Repo 1,81,187.07 5.09 1.50-5.40 IV. Repo in Corporate Bond 2,578.65 5.48 5.40-6.55

Government of India (GoI) has announced the sale (issue / re-issue) of two dated securities for a notified amount of ₹36,000 crore as per the following details:

(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    -    -

MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 18,666.38 5.25 3.50-5.35 I. Call Money 1,267.25 5.04 4.50-5.30 II. Triparty Repo 17,223.15 5.28 5.00-5.35 III. Market Repo 175.98 4.04 3.50-4.75 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.00 - -

The Reserve Bank of India has today released the data on Overseas Direct Investment , both under Automatic Route and the Approval Route, for the month of May 2025.