The Governor, Reserve Bank of India today held a meeting with the Managing Director & Chief Executive Officers of select Non-Banking Financial Companies (NBFCs) across all layers, including Government NBFCs, Housing Finance Companies and Micro-Finance Institutions. These NBFCs constitute nearly 50 per cent of the total assets of the NBFC sector. Representatives from Self-Regulatory Organizations (SROs), Sa-Dhan and Micro Finance Institutions Network (MFIN), as well as from Finance Industry Development Council (FIDC) also participated in the meeting.

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on February 14, 2025 (Friday).

Tenor 1-day Notified Amount (in ₹ crore) 2,75,000 Total amount of bids received (in ₹ crore) 2,35,619 Amount allotted (in ₹ crore) 2,35,619 Cut off Rate (%) 6.26 Weighted Average Rate (%) 6.26 Partial Allotment Percentage of bids received at cut off rate (%) N.A.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,77,339.01 6.27 5.15-6.60 I. Call Money 13,411.47 6.29 5.15-6.40 II. Triparty Repo 4,03,454.35 6.26 6.20-6.51 III. Market Repo 1,58,648.59 6.30 5.75-6.60 IV. Repo in Corporate Bond 1,824.60 6.44 6.40-6.49

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.

On April 24, 2024, the Reserve Bank of India had, in exercise of its powers under Section 35A of the Banking Regulation Act, 1949, imposed certain business restrictions on Kotak Mahindra Bank Limited (hereinafter referred to as ‘the bank’). The bank was directed to cease and desist from:

On a review of current and evolving liquidity conditions, the Reserve Bank has decided to conduct a 49-day Variable Rate Repo (VRR) auction on February 14, 2025, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 49 11:00 AM to 11:30 AM April 04, 2025 (Friday)

The Reserve Bank has today released data on Reserve Money for the week ended February 07, 2025.

Reserve Bank of India today placed on its website an updated circular (hyperlink to updated circular) on Operation of Pre-Sanctioned Credit Lines at Banks through Unified Payments Interface (UPI).

The Reserve Bank of India will shortly issue ₹50 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Sanjay Malhotra, Governor. The design of these notes is similar in all respects to ₹50 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹50 issued by the Reserve Bank in the past will continue to be legal tender.