Press Releases

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 22,091.46 6.60 5.50-6.80 I. Call Money 717.15 6.14 5.50-6.80 II. Triparty Repo 20,948.65 6.62 6.26-6.75 III. Market Repo 425.66 6.35 6.01-6.70 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) 8,198.97 6.62 5.75-7.10 I. Call Money 881.85 6.27 5.75-6.90 II. Triparty Repo 5,477.15 6.59 6.25-6.77 III. Market Repo 53.47 6.20 6.20-6.20 IV. Repo in Corporate Bond 1,786.50 6.88 6.85-7.10

The Reserve Bank of India (RBI) has, by an order dated December 16, 2024, imposed a monetary penalty of ₹20,00,000/- (Rupees Twenty Lakh only) on Manappuram Finance Limited (the company) for non-compliance with certain provisions of “Reserve Bank of India (Know Your Customer (KYC)) Direction, 2016” issued by RBI. This penalty has been imposed in exercise of powers conferred on RBI under clause (b) of sub-section (1) of Section 58G read with clause (aa) of sub-section (5) of Section 58B of the Reserve Bank of India Act, 1934.

The Reserve Bank of India (RBI) has, by an order dated December 18, 2024, imposed a monetary penalty of 27.30 lakh (Rupees Twenty-Seven Lakh and Thirty Thousand only) on IndusInd Bank Ltd. (the bank) for non-compliance with certain provisions of ‘Reserve Bank of India (Interest Rate on Deposits) Directions, 2016’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.

The following State Governments/UT have offered to sell stock by way of auction, for an aggregate amount of ₹ 30,600 Crore (Face Value). Sr. No. State/UT Amount to be raised. (₹Crore) Tenure (Year) Type of Auction 1. Assam 900 10 Yield 2. Bihar 2000 10 Yield 3. Gujarat 1500 09 Yield 4. Haryana 1000 13 Yield

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (in ₹ Crore) Auction Date Settlement Date 1 91 Days 7,000 December 26, 2024 (Thursday) December 27, 2024 (Friday) 2 182 Days 6,000 3 364 Days 6,000 Total 19,000

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on December 23, 2024, Monday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 10:00 AM to 10:30 AM December 24, 2024 (Tuesday) 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Dec. 15 Dec. 6 Dec. 13 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government - 11131 0 -11131 0 4.2 State Governments 15212 34432 28744 -5688 13532 * Data are provisional; difference, if any, is due to rounding off.

The fifty second meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during December 4 to 6, 2024.

The 612th meeting of the Central Board of Directors of the Reserve Bank of India was held today in Guwahati under the Chairmanship of Shri Sanjay Malhotra, Governor.

Auction Results New GS 2029 7.34% GS 2064 I. Notified Amount ₹14,000 crore ₹15,000 crore II. Underwriting Notified Amount ₹14,000 crore ₹15,000 crore III. Competitive Bids Received (i) Number 148 312 (ii) Amount ₹ 41417.000 Crore ₹ 39200.020 Crore IV. Cut-off price / Yield - 103.62 (YTM:6.75%) (YTM:7.0653%) V. Competitive Bids Accepted (i) Number 47 100 (ii) Amount ₹ 13988.940 Crore ₹ 14982.955 Crore VI. Partial Allotment Percentage of Competitive Bids 95.56% 99.73%

New GS 2029 7.34% GS 2064 I. Notified Amount ₹14,000 crore ₹15,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 6.75% 103.62/7.0653% III. Amount accepted in the auction ₹14,000 crore ₹15,000 crore IV. Devolvement on Primary Dealers NIL NIL

Tenor 7-day Notified Amount (in ₹ crore) 1,50,000 Total amount of bids received (in ₹ crore) 2,00,795 Amount allotted (in ₹ crore) 1,50,004 Cut off Rate (%) 6.52 Weighted Average Rate (%) 6.57 Partial Allotment Percentage of bids received at cut off rate (%) 51.59

In the underwriting auction conducted on December 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:

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,85,390.11 6.57 0.01-6.90 I. Call Money 13,055.23 6.71 5.10-6.85 II. Triparty Repo 4,25,855.40 6.55 6.38-6.88 III. Market Repo 1,44,755.78 6.60 0.01-6.85 IV. Repo in Corporate Bond 1,723.70 6.81 6.80-6.90

The Reserve Bank of India (RBl) has, by an order dated December 12, 2024, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on Guna Nagarik Sahakari Bank Maryadit, Guna, Madhya Pradesh (the bank), for non-compliance with certain directions issued by RBI on ‘Priority Sector Lending (PSL) - Targets and Classification’ and specific direction issued by RBI on making contribution to the Micro and Small Enterprises (MSE) Refinance Fund due to shortfall in achievement of PSL. 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 (RBl) has, by an order dated December 12, 2024, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on Shri Vaibhav Lakshmi Mahila Nagrik Sahakari Bank Maryadit, Jhabua, Madhya Pradesh (the bank), for non-compliance with the  directions issued by RBI on ‘Priority Sector Lending (PSL) - Targets and Classification’ and specific direction issued by RBI on making contribution to the Micro and Small Enterprises (MSE) Refinance Fund due to shortfall in achievement of PSL. 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 (RBl) has, by an order dated December 12, 2024, imposed a monetary penalty of ₹1.10 lakh (Rupees One Lakh Ten Thousand only) on Raj Rajeshwari Mahila Nagrik Sahakari Bank Maryadit, Shajapur (MP) (the bank), for non-compliance with certain direction issued by RBI on ‘Priority Sector Lending (PSL) - Targets and classification’, and specific directions issued by RBI on making contribution to the Micro and Small Enterprises (MSE) Refinance Fund due to shortfall in achievement of PSL. 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 (RBl) has, by an order dated December 12, 2024, imposed a monetary penalty of ₹4.50 lakh (Rupees Four Lakh Fifty Thousand only) on Indore Paraspar Sahakari Bank Maryadit, Indore (MP) (the bank), for non-comp

The Reserve Bank of India (RBI) has, by an order dated December 18, 2024, imposed a monetary penalty of ₹15.00 lakh (Rupees Fifteen Lakh only) on Bharat Co-operative Bank (Mumbai) Limited (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.