Press Releases - RBI - Reserve Bank of India
Press Releases
The Reserve Bank of India issued Directions to Shankarrao Mohite Patil Sahakari Bank Ltd., Akluj, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive NGP.DOS.SSM 2.No.S1389/15-04-616/2022-2023 dated February 23, 2023, for a period of six months up to August 24, 2023 as modified from time to time which were last extended up to close of business on February 24, 2024 vide Directive DOR.MON/D-88/12.22.275/2023-24 dated November 13, 2023.
The Reserve Bank of India issued Directions to Shankarrao Mohite Patil Sahakari Bank Ltd., Akluj, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive NGP.DOS.SSM 2.No.S1389/15-04-616/2022-2023 dated February 23, 2023, for a period of six months up to August 24, 2023 as modified from time to time which were last extended up to close of business on February 24, 2024 vide Directive DOR.MON/D-88/12.22.275/2023-24 dated November 13, 2023.
The Reserve Bank of India (RBI) has, by an order dated February 13, 2024, imposed a monetary penalty of ₹1.50 lakh (Rupees One lakh and Fifty thousand only) on The Adinath Co-operative Bank Limited, Dist. Surat, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’. This penalty has been imposed in exercise of powers conferred on RBI under 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 February 13, 2024, imposed a monetary penalty of ₹1.50 lakh (Rupees One lakh and Fifty thousand only) on The Adinath Co-operative Bank Limited, Dist. Surat, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’. This penalty has been imposed in exercise of powers conferred on RBI under Section 47A(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)
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV)
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹19,000 crore (face value). The security-wise details of the conversion/switch are given as under:
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹19,000 crore (face value). The security-wise details of the conversion/switch are given as under:
The Reserve Bank has today released data on Reserve Money for the week ended February 16, 2024 and Money Supply for the fortnight ended February 09, 2024. Ajit Prasad Director (Communications) Press Release: 2023-2024/1911
The Reserve Bank has today released data on Reserve Money for the week ended February 16, 2024 and Money Supply for the fortnight ended February 09, 2024. Ajit Prasad Director (Communications) Press Release: 2023-2024/1911
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹10000 Crore ₹15000 Crore ₹9000 Crore II. Competitive Bids Received (i) Number 127 164 148 (ii) Amount ₹ 37544.202 Crore ₹ 42469.850 Crore ₹ 39805.460 Crore III. Cut-off price / Yield 98.2803 96.5395 93.3584 (YTM:7.0184%) (YTM:7.1888%) (YTM:7.1336%)
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹10000 Crore ₹15000 Crore ₹9000 Crore II. Competitive Bids Received (i) Number 127 164 148 (ii) Amount ₹ 37544.202 Crore ₹ 42469.850 Crore ₹ 39805.460 Crore III. Cut-off price / Yield 98.2803 96.5395 93.3584 (YTM:7.0184%) (YTM:7.1888%) (YTM:7.1336%)
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹10,000 Crore ₹15,000 Crore ₹9,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.2803 (YTM: 7.0184%) 96.5395 (YTM: 7.1888%) 93.3584 (YTM: 7.1336%) IV. Total Face Value Accepted ₹10,000 Crore ₹15,000 Crore ₹9,000 Crore Ajit Prasad Director (Communications) Press Release: 2023-2024/1909
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹10,000 Crore ₹15,000 Crore ₹9,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.2803 (YTM: 7.0184%) 96.5395 (YTM: 7.1888%) 93.3584 (YTM: 7.1336%) IV. Total Face Value Accepted ₹10,000 Crore ₹15,000 Crore ₹9,000 Crore Ajit Prasad Director (Communications) Press Release: 2023-2024/1909
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 536,559.80 6.52 5.00-6.90 I. Call Money 11,932.40 6.70 5.00-6.80 II. Triparty Repo 357,597.30 6.46 6.05-6.70 III. Market Repo 166,404.39 6.64 5.00-6.80 IV. Repo in Corporate Bond 625.71 6.90 6.89-6.90
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 536,559.80 6.52 5.00-6.90 I. Call Money 11,932.40 6.70 5.00-6.80 II. Triparty Repo 357,597.30 6.46 6.05-6.70 III. Market Repo 166,404.39 6.64 5.00-6.80 IV. Repo in Corporate Bond 625.71 6.90 6.89-6.90
The result of the auction of State Government Securities held on February 20, 2024 is as under:
The result of the auction of State Government Securities held on February 20, 2024 is as under:
Today, the Reserve Bank released the February 2024 issue of its monthly Bulletin. The Bulletin includes monetary policy statement, five speeches, four articles, current statistics.
Today, the Reserve Bank released the February 2024 issue of its monthly Bulletin. The Bulletin includes monetary policy statement, five speeches, four articles, current statistics.
Sr. No. State/UT Amount to be raised (₹ Cr) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Year) 1 Andhra Pradesh 900 900 7.44 15 2 Bihar 2000 2000
Sr. No. State/UT Amount to be raised (₹ Cr) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Year) 1 Andhra Pradesh 900 900 7.44 15 2 Bihar 2000 2000
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Uravakonda Co-operative Town Bank Ltd., Uravakonda (Anantapur District) vide Directive No. AP.DOS.INSP1.No.S89/03-02-097/2022-2023 dated February 23, 2023, for a period of six months up to the close of business on August 24, 2023 as modified from time to time, which was last extended up to the close of business on February 24, 2024 vide Directive DOR.MON/D-92/12.22.789/2023-24 dated November 15, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond the close of business on February 24, 2024.
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Uravakonda Co-operative Town Bank Ltd., Uravakonda (Anantapur District) vide Directive No. AP.DOS.INSP1.No.S89/03-02-097/2022-2023 dated February 23, 2023, for a period of six months up to the close of business on August 24, 2023 as modified from time to time, which was last extended up to the close of business on February 24, 2024 vide Directive DOR.MON/D-92/12.22.789/2023-24 dated November 15, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond the close of business on February 24, 2024.
(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 - -
(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 - -
(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 - -
(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 - -
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 13,481.34 6.36 5.05-6.75 I. Call Money 737.13 6.20 5.70-6.75 II. Triparty Repo 12,391.10 6.38 6.10-6.64 III. Market Repo 353.11 5.77 5.05-6.10
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 13,481.34 6.36 5.05-6.75 I. Call Money 737.13 6.20 5.70-6.75 II. Triparty Repo 12,391.10 6.38 6.10-6.64 III. Market Repo 353.11 5.77 5.05-6.10
Tenor 3-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 68,640 Amount allotted (in ₹ crore) 50,003 Cut off Rate (%) 6.55 Weighted Average Rate (%) 6.60 Partial Allotment Percentage of bids received at cut off rate (%) 91.19 Ajit Prasad Director (Communications) Press Release: 2023-2024/1900
Tenor 3-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 68,640 Amount allotted (in ₹ crore) 50,003 Cut off Rate (%) 6.55 Weighted Average Rate (%) 6.60 Partial Allotment Percentage of bids received at cut off rate (%) 91.19 Ajit Prasad Director (Communications) Press Release: 2023-2024/1900
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 8,386.18 6.52 5.75-6.90 I. Call Money 812.53 6.14 5.75-6.75 II. Triparty Repo 7,108.65 6.54 6.00-6.74
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 8,386.18 6.52 5.75-6.90 I. Call Money 812.53 6.14 5.75-6.75 II. Triparty Repo 7,108.65 6.54 6.00-6.74
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Shimsha Sahakara Bank Niyamitha, Maddur, Mandya District vide Directive BLR.DOS.SSMS.No.S2174/12-08-295/2022-23 dated February 23, 2023 for a period of six months up to August 24, 2023, as modified from time to time, which were last extended up to close of business on February 24, 2024 vide Directive DOR.MON/D-91/12.23.292/2023-24 dated November 15, 2023.
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Shimsha Sahakara Bank Niyamitha, Maddur, Mandya District vide Directive BLR.DOS.SSMS.No.S2174/12-08-295/2022-23 dated February 23, 2023 for a period of six months up to August 24, 2023, as modified from time to time, which were last extended up to close of business on February 24, 2024 vide Directive DOR.MON/D-91/12.23.292/2023-24 dated November 15, 2023.
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 January 2024. Ajit Prasad
Director (Communications) Press Release: 2023-2024/1896
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 January 2024. Ajit Prasad
Director (Communications) Press Release: 2023-2024/1896
The Reserve Bank of India, in exercise of its powers under Section 35A of the Banking Regulation Act, 1949, had put certain business restrictions on Paytm Payments Bank Ltd (PPBL or the bank), vide Press Releases dated March 11, 2022 and January 31, 2024
The Reserve Bank of India, in exercise of its powers under Section 35A of the Banking Regulation Act, 1949, had put certain business restrictions on Paytm Payments Bank Ltd (PPBL or the bank), vide Press Releases dated March 11, 2022 and January 31, 2024
The Reserve Bank of India, vide Directive: LKO.DOS.SED.No.S842/10.12.133/2022-23 dated February 23, 2023 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), had placed the HCBL Co-operative Bank Ltd., Lucknow (U.P) under Directions from the close of business on February 24, 2023. The validity of these Directions was extended time-to-time, last being up to February 24, 2024. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the aforesaid Directions shall continue to apply on to the bank from close of business on February 24, 2024 to close of business on May 24, 2024 as per the Directive DOR.MON.No.D-123/12.28.007/2023-24 dated February 14, 2024, subject to review.
The Reserve Bank of India, vide Directive: LKO.DOS.SED.No.S842/10.12.133/2022-23 dated February 23, 2023 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), had placed the HCBL Co-operative Bank Ltd., Lucknow (U.P) under Directions from the close of business on February 24, 2023. The validity of these Directions was extended time-to-time, last being up to February 24, 2024. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the aforesaid Directions shall continue to apply on to the bank from close of business on February 24, 2024 to close of business on May 24, 2024 as per the Directive DOR.MON.No.D-123/12.28.007/2023-24 dated February 14, 2024, subject to review.
1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Feb. 10 Feb. 2 Feb. 9 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 2401 22237 20255 -1982 17854 * Data are provisional; difference, if any, is due to rounding off.
1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Feb. 10 Feb. 2 Feb. 9 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 2401 22237 20255 -1982 17854 * Data are provisional; difference, if any, is due to rounding off.
Auction Results 7.33% GS 2026 7.18% GS 2037 7.25% GS 2063 I. Notified Amount ₹8000 Crore ₹10000 Crore ₹12000 Crore II. Underwriting Notified Amount ₹8000 Crore ₹10000 Crore ₹12000 Crore III. Competitive Bids Received (i) Number 90 144 206 (ii) Amount ₹ 22327.587 Crore ₹ 21395 Crore ₹ 25737.220 Crore
Auction Results 7.33% GS 2026 7.18% GS 2037 7.25% GS 2063 I. Notified Amount ₹8000 Crore ₹10000 Crore ₹12000 Crore II. Underwriting Notified Amount ₹8000 Crore ₹10000 Crore ₹12000 Crore III. Competitive Bids Received (i) Number 90 144 206 (ii) Amount ₹ 22327.587 Crore ₹ 21395 Crore ₹ 25737.220 Crore
7.33% GS 2026 7.18% GS 2037 7.25% GS 2063 I. Notified Amount ₹8,000 crore ₹10,000 crore ₹12,000 crore II. Cut off Price / Implicit Yield at cut-off 100.67/ 7.0464% 100.53/ 7.1172% 101.40/ 7.1421% III. Amount accepted in the auction ₹8,000 crore ₹10,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL
7.33% GS 2026 7.18% GS 2037 7.25% GS 2063 I. Notified Amount ₹8,000 crore ₹10,000 crore ₹12,000 crore II. Cut off Price / Implicit Yield at cut-off 100.67/ 7.0464% 100.53/ 7.1172% 101.40/ 7.1421% III. Amount accepted in the auction ₹8,000 crore ₹10,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Limited, Nashik, Maharashtra vide Directive DCBS.CO.BSD-I/D-7/12.22.395/2017-18 dated May 18, 2018, for a period of six months up to November 18, 2018 as modified from time to time, which were last extended up to February 17, 2024 vide Directive DOR.MON.D-89/12.22.395/2023-24 dated November 15, 2023.
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Limited, Nashik, Maharashtra vide Directive DCBS.CO.BSD-I/D-7/12.22.395/2017-18 dated May 18, 2018, for a period of six months up to November 18, 2018 as modified from time to time, which were last extended up to February 17, 2024 vide Directive DOR.MON.D-89/12.22.395/2023-24 dated November 15, 2023.
Result of the 7-day Variable Rate Repo (VRR) auction held on February 16, 2024 Tenor 7-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 1,36,986 Amount allotted (in ₹ crore) 75,007 Cut off Rate (%) 6.60
Result of the 7-day Variable Rate Repo (VRR) auction held on February 16, 2024 Tenor 7-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 1,36,986 Amount allotted (in ₹ crore) 75,007 Cut off Rate (%) 6.60
In the underwriting auctions conducted on February 16, 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:
In the underwriting auctions conducted on February 16, 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:
In view of transient frictional liquidity imbalances expected during February 20-23, 2024, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 20, 2024, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 10:30 AM to 11:00 AM February 23, 2024 (Friday)
In view of transient frictional liquidity imbalances expected during February 20-23, 2024, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 20, 2024, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 10:30 AM to 11:00 AM February 23, 2024 (Friday)
MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 526,033.69 6.65 5.00-6.90 I. Call Money 11,243.60 6.66 5.00-6.77 II. Triparty Repo 362,756.20 6.64 6.25 -6.75 III. Market Repo 151,393.89 6.68 6.25-6.80 IV. Repo in Corporate Bond 640.00 6.88 6.75-6.90
MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 526,033.69 6.65 5.00-6.90 I. Call Money 11,243.60 6.66 5.00-6.77 II. Triparty Repo 362,756.20 6.64 6.25 -6.75 III. Market Repo 151,393.89 6.68 6.25-6.80 IV. Repo in Corporate Bond 640.00 6.88 6.75-6.90
It has come to the notice of Reserve Bank of India that a Card Network had an arrangement that enables businesses to make card payments through certain intermediaries, to entities that do not accept card payments. 2. Under this arrangement, the intermediary accepts card payments from corporates for their commercial payments and then remits the funds via IMPS/RTGS/NEFT to non-card accepting recipients.
It has come to the notice of Reserve Bank of India that a Card Network had an arrangement that enables businesses to make card payments through certain intermediaries, to entities that do not accept card payments. 2. Under this arrangement, the intermediary accepts card payments from corporates for their commercial payments and then remits the funds via IMPS/RTGS/NEFT to non-card accepting recipients.
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of 30,200 Crore (Face Value).
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of 30,200 Crore (Face Value).
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 16, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 7 10:30 AM to 11:00 AM February 23, 2024 (Friday)
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 16, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 7 10:30 AM to 11:00 AM February 23, 2024 (Friday)
Reserve Bank of India and Nepal Rastra Bank today signed and exchanged Terms of Reference for integration of fast payment systems of India and Nepal, viz., Unified Payments Interface (UPI) of India and National Payments Interface (NPI) of Nepal, respectively. The integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the two systems to make instant, low-cost fund transfers.
Reserve Bank of India and Nepal Rastra Bank today signed and exchanged Terms of Reference for integration of fast payment systems of India and Nepal, viz., Unified Payments Interface (UPI) of India and National Payments Interface (NPI) of Nepal, respectively. The integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the two systems to make instant, low-cost fund transfers.
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on February 16, 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:
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on February 16, 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:
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 506,128.26 6.69 5.00-7.85 I. Call Money 9,471.71 6.70 5.00-6.81 II. Triparty Repo 348,803.80 6.67 6.25 -6.73
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 506,128.26 6.69 5.00-7.85 I. Call Money 9,471.71 6.70 5.00-6.81 II. Triparty Repo 348,803.80 6.67 6.25 -6.73
The Governor, Reserve Bank of India held meetings with the MD & CEOs of Public Sector Banks and select Private Sector Banks on February 14, 2024, in Mumbai. These engagements are part of Reserve Bank’s continuous interaction with the Senior Management of its Regulated/Supervised Entities.
The Governor, Reserve Bank of India held meetings with the MD & CEOs of Public Sector Banks and select Private Sector Banks on February 14, 2024, in Mumbai. These engagements are part of Reserve Bank’s continuous interaction with the Senior Management of its Regulated/Supervised Entities.
The Reserve Bank has today released data on Reserve Money for the week ended February 09, 2024.
The Reserve Bank has today released data on Reserve Money for the week ended February 09, 2024.
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹8000 Crore ₹10000 Crore ₹9000 Crore II. Competitive Bids Received (i) Number 92 110 140 (ii) Amount ₹ 19763.510 Crore ₹ 21849.604 Crore ₹ 35969.500 Crore
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹8000 Crore ₹10000 Crore ₹9000 Crore II. Competitive Bids Received (i) Number 92 110 140 (ii) Amount ₹ 19763.510 Crore ₹ 21849.604 Crore ₹ 35969.500 Crore
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹8,000 Crore ₹10,000 Crore ₹9,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹8,000 Crore ₹10,000 Crore ₹9,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price
Tenor 2-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 1,11,456 Amount allotted (in ₹ crore) 25,001 Cut off Rate (%) 6.64 Weighted Average Rate (%) 6.66 Partial Allotment Percentage of bids received at cut off rate (%) 72.39 Ajit Prasad Director (Communications) Press Release: 2023-2024/1875
Tenor 2-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 1,11,456 Amount allotted (in ₹ crore) 25,001 Cut off Rate (%) 6.64 Weighted Average Rate (%) 6.66 Partial Allotment Percentage of bids received at cut off rate (%) 72.39 Ajit Prasad Director (Communications) Press Release: 2023-2024/1875
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 503,388.81 6.73 5.00-7.85 I. Call Money 9,100.05 6.74 5.00-6.86 II. Triparty Repo 339,081.55 6.71 6.45-6.75 III. Market Repo 154,207.21 6.77 6.50-6.95 IV. Repo in Corporate Bond 1,000.00 6.95 6.85-7.85 B. Term Segment I. Notice Money** 1,410.88 6.79 5.80-6.85
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 503,388.81 6.73 5.00-7.85 I. Call Money 9,100.05 6.74 5.00-6.86 II. Triparty Repo 339,081.55 6.71 6.45-6.75 III. Market Repo 154,207.21 6.77 6.50-6.95 IV. Repo in Corporate Bond 1,000.00 6.95 6.85-7.85 B. Term Segment I. Notice Money** 1,410.88 6.79 5.80-6.85
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 14, 2024, Wednesday, as under:
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 14, 2024, Wednesday, as under:
The result of the auction of State Government Securities held on February 13, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2038 ANDHRA PRADESH 2039 ANDHRA PRADESH 2044 ASSAM 2031 Notified Amount 500 500 1000 500 Tenure 14 15 20 7 Competitive Bids Received (i) No. 93 79 31 29 (ii) Amount 4375.2 3730.15 1955 2240 Cut-off Yield (%) 7.45 7.44 7.48 7.45
The result of the auction of State Government Securities held on February 13, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2038 ANDHRA PRADESH 2039 ANDHRA PRADESH 2044 ASSAM 2031 Notified Amount 500 500 1000 500 Tenure 14 15 20 7 Competitive Bids Received (i) No. 93 79 31 29 (ii) Amount 4375.2 3730.15 1955 2240 Cut-off Yield (%) 7.45 7.44 7.48 7.45
Amount to be raised (₹ Cr) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 500 500 7.45 14 500 500 7.44 15 1000 1000 7.48 20 2 Assam 500 500 7.45 7
Amount to be raised (₹ Cr) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 500 500 7.45 14 500 500 7.44 15 1000 1000 7.48 20 2 Assam 500 500 7.45 7
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 501,632.69 6.75 5.00-7.85 I. Call Money 12,481.64 6.76 5.00-6.86 II. Triparty Repo 319,257.15 6.73 6.52-6.80 III. Market Repo 169,429.90 6.78 6.25-7.00 IV. Repo in Corporate Bond 464.00 7.08 6.95-7.85
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 501,632.69 6.75 5.00-7.85 I. Call Money 12,481.64 6.76 5.00-6.86 II. Triparty Repo 319,257.15 6.73 6.52-6.80 III. Market Repo 169,429.90 6.78 6.25-7.00 IV. Repo in Corporate Bond 464.00 7.08 6.95-7.85
Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹30,000 crore as per the following details
Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹30,000 crore as per the following details
The Reserve Bank of India (RBl) has, by an order dated February 07, 2024, imposed a monetary penalty of ₹0.75 lakh (Rupees Seventy-Five thousand only) on Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal, Madhya Pradesh (the bank) for non-compliance with the directions issued by RBI on ‘Exposure Norms & Statutory/Other Restrictions - UCBs’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949. 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 (RBl) has, by an order dated February 07, 2024, imposed a monetary penalty of ₹0.75 lakh (Rupees Seventy-Five thousand only) on Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal, Madhya Pradesh (the bank) for non-compliance with the directions issued by RBI on ‘Exposure Norms & Statutory/Other Restrictions - UCBs’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949. 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 (RBl) has imposed, by an order dated February 08, 2024, a monetary penalty of ₹0.50 lakh (Rupees Fifty thousand only) on The Anjangaon Surji Nagari Sahakari Bank Limited, Anjangaon Surji, Maharashtra (the bank) for contravention of Directives and specific directions issued by RBI under sections 35(A)(1) and 36(1) read with section 56 of the Banking Regulation Act, 1949 (BR Act), respectively. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of BR Act.
The Reserve Bank of India (RBl) has imposed, by an order dated February 08, 2024, a monetary penalty of ₹0.50 lakh (Rupees Fifty thousand only) on The Anjangaon Surji Nagari Sahakari Bank Limited, Anjangaon Surji, Maharashtra (the bank) for contravention of Directives and specific directions issued by RBI under sections 35(A)(1) and 36(1) read with section 56 of the Banking Regulation Act, 1949 (BR Act), respectively. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of BR Act.
The Reserve Bank of India (RBI) has, by an order dated February 08, 2024 imposed a monetary penalty of ₹2.50 lakh (Rupees Two lakh fifty thousand only) on Pusad Urban Co-operative Bank Ltd., Pusad, Maharashtra (the bank) for non-compliance with the directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters – UCBs’. This penalty has been imposed in exercise of powers conferred on RBI 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 February 08, 2024 imposed a monetary penalty of ₹2.50 lakh (Rupees Two lakh fifty thousand only) on Pusad Urban Co-operative Bank Ltd., Pusad, Maharashtra (the bank) for non-compliance with the directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters – UCBs’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
Page Last Updated on: August 16, 2024