Press Releases

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Sep. 15 Sep. 6 Sep. 13 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 16939 35426 29725 -5701 12786 * Data are provisional; difference, if any, is due to rounding off.

Auction Results 7.10% GS 2034 7.34% GS 2064 I. Notified Amount ₹20,000 crore ₹11,000 crore II. Underwriting Notified Amount ₹20,000 crore ₹11,000 crore III. Competitive Bids Received (i) Number 292 290 (ii) Amount ₹54628.000 crore ₹31931.484 crore IV. Cut-off price / Yield 102.40 105.12 (YTM: 6.7540%) (YTM: 6.9577%) V. Competitive Bids Accepted (i) Number 98 82 (ii) Amount ₹19952.155 crore ₹10982.181 crore VI. Partial Allotment Percentage of Competitive Bids 47.87% 79.96% (33 Bids) (12 Bids) VII. Weighted Average Price/Yield 102.42 105.15 (WAY: 6.7512%) (WAY: 6.9555%)

7.10% GS 2034 7.34% GS 2064 I. Notified Amount ₹20,000 crore ₹11,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 102.40/6.7540% 105.12/6.9577% III. Amount accepted in the auction ₹20,000 crore ₹11,000 crore IV. Devolvement on Primary Dealers NIL NIL

Reserve Bank of India had invited entries under the captioned scheme vide press release dated 29 December 2023. On evaluation of the entries received, it has been decided to award Dr. Bidyanand Choudhary, Assistant Professor, Department of Economics, Jagannath Nagar College, Dhurwa, Ranchi-4, (Ranchi University), Jharkhand under this scheme for his book “झारखंड की अर्थव्यवस्था ".

Tenor 14-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 40,526 Amount allotted (in ₹ crore) 25,002 Cut off Rate (%) 6.52 Weighted Average Rate (%) 6.54 Partial Allotment Percentage of bids received at cut off rate (%) 20.66

In the underwriting auctions conducted on September 20, 2024, 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: (₹ crore) Nomenclature of the Security Notified Amount Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten ACU Commission Cut-off rate (paise per ₹100) 7.10% GS 2034 20,000 10,017 9,983 20,000 0.04 7.34% GS 2064 11,000 5,502 5,498 11,000 0.05 Auction for the sale of securities will be held on September 20, 2024.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 560,841.79 6.53 5.10-6.85 I. Call Money 10,599.98 6.65 5.10-6.80 II. Triparty Repo 392,970.40 6.46 6.00-6.65 III. Market Repo 156,313.41 6.68 6.00-6.85 IV. Repo in Corporate Bond 958.00 6.80 6.79-6.81

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on September 20, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 25,000 14 10:30 AM to 11:00 AM October 04, 2024 (Friday)

The Reserve Bank of India (RBl) has, by an order dated September 13, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Dr. Babasaheb Ambedkar Sahakari Bank Limited, Nashik, Maharashtra (the bank), for non-compliance with directions issued by RBI on ‘Loans and advances to directors, relatives, and firms/concerns in which they are interested’. This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

The Reserve Bank has today released data on Reserve Money for the week ended September 13, 2024 and Money Supply for the fortnight ended September 06, 2024.

The Reserve Bank of India (RBI) has, by an order dated September 12, 2024, imposed a monetary penalty of ₹5.00 lakh (Rupees Five Lakh only) on The Urban Co-operative Bank Limited., Anantnag (the bank) for non-compliance with directions issued by RBI on ‘Investments by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of section 47A(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 13, 2024, imposed a monetary penalty of ₹3.00 lakh (Rupees Three Lakh only) on Lucknow University Primary Co-operative Bank Ltd., Lucknow (the bank) for non-compliance with the direction issued by RBI on ‘Investments by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on September 20, 2024. 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 7.10% GS 2034 20,000 477 477 7.34% GS 2064 11,000 262 262

(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 - - III. Market Repo 0.00 - - 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 - -

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,22,585.42 6.63 5.10-7.05 I. Call Money 10,794.41 6.65 5.10-6.95 II. Triparty Repo 3,57,241.00 6.60 6.30-7.05 III. Market Repo 1,53,777.01 6.70 6.00-7.00 IV. Repo in Corporate Bond 773.00 6.81 6.80-6.85

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 result of the auction of State Government Securities held on September 17, 2024 is as under:

Sr. No. State Amount to be raised (₹Crore) Amount Accepted (₹Crore) Cut off Yield (%) Tenure (Year) 1 Assam 500 500 7.13 10 2 Bihar 2000 2000 7.11 9 3 Chhattisgarh 1000 1000 7.00 5 4 Haryana 1000 1000 7.13 12 5 Kerala 1500 1500 7.14 23 6 Maharashtra 1500 1500 7.10 9 1500 1500 7.12 12 1500 1500 7.13 13 1500 1500 7.13 19 7 Tamil Nadu 1000 1000 7.10 10 8 Telangana 500 500 7.13 12 Total 13500 13500

Tenor 3-day Notified Amount (in ₹ crore) 1,00,000 Total amount of bids received (in ₹ crore) 82,630 Amount allotted (in ₹ crore) 82,630 Cut off Rate (%) 6.51 Weighted Average Rate (%) 6.55 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) 72,435.82 6.63 5.50-6.95 I. Call Money 128.40 6.03 5.50-6.25 II. Triparty Repo 69,855.70 6.63 6.00-6.75 III. Market Repo 2,451.72 6.45 5.50-6.95 IV. Repo in Corporate Bond 0.00 - -