Press Releases

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 06-Oct-2023 20-Sep-2024* 04-Oct-2024* 06-Oct-2023 20-Sep-2024* 04-Oct-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 233633.16 305203.01 287752.63 235968.24 309831.75 292084.59** b) Borrowings from banks 199276.58 134095.86 128068.94 199285.58 134219.35 128119.50 c) Other demand & time liabilities 71823.77 22841.08 22578.52 72475.18 23153.09 22918.62 II LIABILITIES TO OTHERS (A)

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on October 17, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 12:00 Noon to 12:30 PM October 18, 2024 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 540,974.48 6.30 5.00-6.50 I. Call Money 8,755.18 6.44 5.10-6.50 II. Triparty Repo 390,913.55 6.28 5.90-6.43 III. Market Repo 140,357.75 6.33 5.00-6.50 IV. Repo in Corporate Bond 948.00 6.45 6.40-6.50

Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹30,000 crore (face value). The security-wise details of the conversion/switch are given as under:

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 August 2024.

The Reserve Bank has today released data on Reserve Money for the week ended October 11, 2024 and Money Supply for the fortnight ended October 04, 2024.

The 611th meeting of the Central Board of Directors of Reserve Bank of India was held today in Bhubaneswar under the Chairmanship of Shri Shaktikanta Das, Governor. The Board passed a condolence resolution in memory of Shri Ratan N. Tata, a former Director of the Central Board. The Central Board Members also took the Integrity pledge in observance of the ensuing Vigilance Awareness week 2024. The Board reviewed the current economic and financial situation, including challenges posed by evolving geopolitical conflicts. The Board also discussed the functioning of various Sub-Committees of the Central Board, the Ombudsman Scheme and activities of select Central Office Departments.

The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.

The following seven Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹7000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 70 75 88 (ii) Amount ₹ 21112.500 Crore ₹ 17880.500 Crore ₹ 23166.500 Crore III. Cut-off price / Yield 98.4170 96.8376 93.8739 (YTM: 6.4515%) (YTM: 6.5493%) (YTM: 6.5438%) IV. Competitive Bids Accepted (i) Number 32 22 36