Press Releases - RBI - Reserve Bank of India
Press Releases
Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on October 27, 2023.
As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under:
(₹ crore)
Security Notified Amount Minimum Underwriting Commitment (MUC) amount per PD Minimum bidding commitment per PD under ACU auction
New GS 2026 8,000 191 191
7.18% GS 2037 10,000 239 239
7.25% GS 2063 12,000 286 286
Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on October 27, 2023.
As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under:
(₹ crore)
Security Notified Amount Minimum Underwriting Commitment (MUC) amount per PD Minimum bidding commitment per PD under ACU auction
New GS 2026 8,000 191 191
7.18% GS 2037 10,000 239 239
7.25% GS 2063 12,000 286 286
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average RateRange A. Overnight Segment (I+II+III+IV)517,624.336.765.00-7.85 I. Call Money11,106.286.755.50-6.85 II. Triparty Repo356,928.106.765.00-6.80 III. Market Repo149,449.956.766.25-6.90
IV. Repo in Corporate Bond140.007.346.90-7.85
B. Term Segment
I. Notice Money**443.756.756.00-6.90
II. Term Money@@840.00-6.55-7.00
III. Triparty Repo1,379.606.756.73-6.77
IV. Market Repo359.817.057.05-7.05
V. Repo in Corporate Bond0.00--
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average RateRange A. Overnight Segment (I+II+III+IV)517,624.336.765.00-7.85 I. Call Money11,106.286.755.50-6.85 II. Triparty Repo356,928.106.765.00-6.80 III. Market Repo149,449.956.766.25-6.90
IV. Repo in Corporate Bond140.007.346.90-7.85
B. Term Segment
I. Notice Money**443.756.756.00-6.90
II. Term Money@@840.00-6.55-7.00
III. Triparty Repo1,379.606.756.73-6.77
IV. Market Repo359.817.057.05-7.05
V. Repo in Corporate Bond0.00--
Today, Dr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India (RBI), inaugurated the Reserve Bank’s own premises at Dehradun, Uttarakhand.
The Dehradun office is headed by Smt. Latha Vishwanath, Regional Director and Chief General Manager, and will start functioning from the following address with effect from October 25, 2023:
Reserve Bank of India
Plot No. 16-17, IT Park
Sahastradhara Road
Dehradun
Uttarakhand-248013
Telephone No: (0135) 2742455
Please click here to send email.
The Reserve Bank of India’s office at Dehradun was established as a Sub-Office on June 30, 2006 and was upgraded to a full-fledged branch from November 1, 2012.
(Yogesh Dayal)
Chief General Manager
Press Release: 2023-2024/1175
Today, Dr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India (RBI), inaugurated the Reserve Bank’s own premises at Dehradun, Uttarakhand.
The Dehradun office is headed by Smt. Latha Vishwanath, Regional Director and Chief General Manager, and will start functioning from the following address with effect from October 25, 2023:
Reserve Bank of India
Plot No. 16-17, IT Park
Sahastradhara Road
Dehradun
Uttarakhand-248013
Telephone No: (0135) 2742455
Please click here to send email.
The Reserve Bank of India’s office at Dehradun was established as a Sub-Office on June 30, 2006 and was upgraded to a full-fledged branch from November 1, 2012.
(Yogesh Dayal)
Chief General Manager
Press Release: 2023-2024/1175
The Reserve Bank has today released data on Reserve Money for the week ended October 13, 2023. Ajit Prasad
Director (Communications) Press Release: 2023-2024/1174
The Reserve Bank of India (RBI) has, by an order dated September 21, 2023, imposed a monetary penalty of ₹1.50 lakh (Rupees One lakh Fifty thousand only) on The Ghatal Peoples Co-operative Bank Limited, West Bengal (the bank) for non-compliance with directions issued by RBI on ‘Membership of Credit Information Companies (CICs)’, ‘Exposure Norms and Statutory/Other Restrictions - UCBs’, ‘Reserve Bank of India – (Know Your Customer (KYC)) Directions, 2016’ and for contravention of the provisions of section 26-A of the Banking Regulation Act, 1949 (BR Act) read with directions issued by RBI on ‘The Depositor Education and Awareness Fund Scheme, 2014 –Section 26A of Banking Regulation Act, 1949 - Operational Guidelines’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47-A (1) (c) read with Sections 46 (4) (i) and 56 of the BR Act and Section 25 (1) (iii) read with Section 23 (4) of the Credit Information Companies (Regulation) Act, 2005.
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
The Reserve Bank of India (RBI) has, by an order dated September 21, 2023, imposed a monetary penalty of ₹1.50 lakh (Rupees One lakh Fifty thousand only) on The Ghatal Peoples Co-operative Bank Limited, West Bengal (the bank) for non-compliance with directions issued by RBI on ‘Membership of Credit Information Companies (CICs)’, ‘Exposure Norms and Statutory/Other Restrictions - UCBs’, ‘Reserve Bank of India – (Know Your Customer (KYC)) Directions, 2016’ and for contravention of the provisions of section 26-A of the Banking Regulation Act, 1949 (BR Act) read with directions issued by RBI on ‘The Depositor Education and Awareness Fund Scheme, 2014 –Section 26A of Banking Regulation Act, 1949 - Operational Guidelines’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47-A (1) (c) read with Sections 46 (4) (i) and 56 of the BR Act and Section 25 (1) (iii) read with Section 23 (4) of the Credit Information Companies (Regulation) Act, 2005.
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
The Reserve Bank of India (RBI) has, by an order dated September 19, 2023, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on District Central Co-operative Bank Limited, Supaul (the bank) for non-compliance with RBI directions on ‘Reserve Bank of India – (Know Your Customer (KYC)) Direction, 2016’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47-A (1) (c) read with Sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949.
The Reserve Bank of India (RBI) has, by an order dated September 19, 2023, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on District Central Co-operative Bank Limited, Supaul (the bank) for non-compliance with RBI directions on ‘Reserve Bank of India – (Know Your Customer (KYC)) Direction, 2016’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47-A (1) (c) read with Sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949.
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume
(One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV)505,163.176.765.50-7.80 I. Call Money6,530.966.735.50-6.85 II. Triparty Repo340,544.906.766.75-6.80 III. Market Repo157,987.316.766.25-6.85
IV. Repo in Corporate Bond100.007.586.90-7.80
B. Term Segment
I. Notice Money**70.006.446.35-6.50
II. Term Money@@547.00-6.50-6.95
III. Triparty Repo55.006.756.75-6.75
IV. Market Repo0.00--
V. Repo in Corporate Bond0.00--
RBI OPERATIONS@
Auction DateTenor (Days)Maturity DateAmountCurrent Rate /
Cut off Rate
C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
I. Today's Operations
1. Fixed Rate
2. Variable Rate&
(I) Main Operation
(a) Repo
(b) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo
3. MSFMon, 23/10/20232Wed, 25/10/2023138,595.006.75
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume
(One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV)505,163.176.765.50-7.80 I. Call Money6,530.966.735.50-6.85 II. Triparty Repo340,544.906.766.75-6.80 III. Market Repo157,987.316.766.25-6.85
IV. Repo in Corporate Bond100.007.586.90-7.80
B. Term Segment
I. Notice Money**70.006.446.35-6.50
II. Term Money@@547.00-6.50-6.95
III. Triparty Repo55.006.756.75-6.75
IV. Market Repo0.00--
V. Repo in Corporate Bond0.00--
RBI OPERATIONS@
Auction DateTenor (Days)Maturity DateAmountCurrent Rate /
Cut off Rate
C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
I. Today's Operations
1. Fixed Rate
2. Variable Rate&
(I) Main Operation
(a) Repo
(b) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo
3. MSFMon, 23/10/20232Wed, 25/10/2023138,595.006.75
Auction Results91 Days182 Days364 Days I.Notified Amount₹7000 Crore₹8000 Crore₹9000 Crore II.Competitive Bids Received (i) Number109169156 (ii) Amount₹20770.552 Crore₹31070.500 Crore₹21703.750 Crore III.Cut-off price / Yield98.300496.563493.3355
(YTM: 6.9349%)(YTM: 7.1374%)(YTM: 7.1600%)
IV.Competitive Bids Accepted
(i) Number452275
(ii) Amount₹6979.511 Crore₹7965.101 Crore₹8987.682 Crore
V.Partial Allotment Percentage of Competitive Bids34.84%29.46%15.63%
(5 Bids)(2 Bids)(2 Bids)
VI.Weighted Average Price/Yield98.303696.567693.3468
(WAY: 6.9217%)(WAY: 7.1283%)(WAY: 7.1470%)
VII.Non-Competitive Bids Received
(i) Number543
(ii) Amount₹20.489 Crore₹34.899 Crore₹686.538 Crore
VIII.Non-Competitive Bids Accepted
(i) Number543
(ii) Amount₹20.489 Crore₹34.899 Crore₹686.538 Crore
(iii) Partial Allotment Percentage---
Auction Results91 Days182 Days364 Days I.Notified Amount₹7000 Crore₹8000 Crore₹9000 Crore II.Competitive Bids Received (i) Number109169156 (ii) Amount₹20770.552 Crore₹31070.500 Crore₹21703.750 Crore III.Cut-off price / Yield98.300496.563493.3355
(YTM: 6.9349%)(YTM: 7.1374%)(YTM: 7.1600%)
IV.Competitive Bids Accepted
(i) Number452275
(ii) Amount₹6979.511 Crore₹7965.101 Crore₹8987.682 Crore
V.Partial Allotment Percentage of Competitive Bids34.84%29.46%15.63%
(5 Bids)(2 Bids)(2 Bids)
VI.Weighted Average Price/Yield98.303696.567693.3468
(WAY: 6.9217%)(WAY: 7.1283%)(WAY: 7.1470%)
VII.Non-Competitive Bids Received
(i) Number543
(ii) Amount₹20.489 Crore₹34.899 Crore₹686.538 Crore
VIII.Non-Competitive Bids Accepted
(i) Number543
(ii) Amount₹20.489 Crore₹34.899 Crore₹686.538 Crore
(iii) Partial Allotment Percentage---
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg)Weighted Average RateRange A. Overnight Segment (I+II+III+IV)505,163.176.765.50-7.80 I. Call Money6,530.966.735.50-6.85 II. Triparty Repo340,544.906.766.75-6.80 III. Market Repo157,987.316.766.25-6.85
IV. Repo in Corporate Bond100.007.586.90-7.80
B. Term Segment
I. Notice Money**70.006.446.35-6.50
II. Term Money@@547.00-6.50-6.95
III. Triparty Repo55.006.756.75-6.75
IV. Market Repo0.00--
V. Repo in Corporate Bond0.00--
RBI OPERATIONS@
Auction DateTenor (Days)Maturity DateAmountCurrent Rate /
Cut off Rate
C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
I. Today's Operations
1. Fixed Rate
2. Variable Rate&
(I) Main Operation
(a) Repo
(b) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo
3. MSFMon, 23/10/20232Wed, 25/10/2023138,595.006.75
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg)Weighted Average RateRange A. Overnight Segment (I+II+III+IV)505,163.176.765.50-7.80 I. Call Money6,530.966.735.50-6.85 II. Triparty Repo340,544.906.766.75-6.80 III. Market Repo157,987.316.766.25-6.85
IV. Repo in Corporate Bond100.007.586.90-7.80
B. Term Segment
I. Notice Money**70.006.446.35-6.50
II. Term Money@@547.00-6.50-6.95
III. Triparty Repo55.006.756.75-6.75
IV. Market Repo0.00--
V. Repo in Corporate Bond0.00--
RBI OPERATIONS@
Auction DateTenor (Days)Maturity DateAmountCurrent Rate /
Cut off Rate
C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
I. Today's Operations
1. Fixed Rate
2. Variable Rate&
(I) Main Operation
(a) Repo
(b) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo
3. MSFMon, 23/10/20232Wed, 25/10/2023138,595.006.75
The Reserve Bank of India (RBI) has, by an order dated September 29, 2023, imposed a monetary penalty of ₹10,000/- (Rupees Ten thousand only) on The Manjeri Co-operative Urban Bank Ltd., Manjeri, Malappuram District, Kerala (the bank) for non-compliance with the directions issued by RBI on “Customer Protection - Limiting Liability of Customers of Cooperative Banks in Unauthorised Electronic Banking Transactions”, “Basic Cyber Security Framework for Primary (Urban) Co-operative Banks (UCBs)”, and “Comprehensive Cyber Security Framework for Primary (Urban) Co-operative Banks (UCBs)”. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47-A (1) (c) read with Sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949.
The Reserve Bank of India (RBI) has, by an order dated September 29, 2023, imposed a monetary penalty of ₹10,000/- (Rupees Ten thousand only) on The Manjeri Co-operative Urban Bank Ltd., Manjeri, Malappuram District, Kerala (the bank) for non-compliance with the directions issued by RBI on “Customer Protection - Limiting Liability of Customers of Cooperative Banks in Unauthorised Electronic Banking Transactions”, “Basic Cyber Security Framework for Primary (Urban) Co-operative Banks (UCBs)”, and “Comprehensive Cyber Security Framework for Primary (Urban) Co-operative Banks (UCBs)”. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47-A (1) (c) read with Sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949.
Page Last Updated on: July 19, 2024