Press Releases

As announced vide the Press Release 2024-2025/1933 dated January 15, 2025, the Reserve Bank will be conducting daily Variable Rate Repo (VRR) auctions on all working days in Mumbai with reversal taking place on the next working day, until further notice.

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 January 2025.

The result of the auction of State Government Securities held on March 11, 2025, is as under: (Amount in ₹ Crore) ARUNACHAL PRADESH 2045 ASSAM 2045 CHHATTISGARH 2026 CHHATTISGARH 2030 Notified Amount 215 900 1000 1000 Tenure 20 20 Re-issue of 7.03% Chhattisgarh SDL 2026, issued on August 28, 2019 Re-issue of 7.18% Chhattisgarh SDL 2030, issued on January 29, 2020 Competitive Bids Received (i) No. 17 29 12 17 (ii) Amount 975 3235 3850 3455 Cut off Price (₹)/ Yield (%) 7.24 7.24 100.38/6.7495 100.16/7.1378 Competitive Bids Accepted (i) No. 2 2 1 6

The Reserve Bank of India will shortly issue ₹100 and ₹200 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Sanjay Malhotra, Governor. The design of these notes is similar in all respects to ₹100 and ₹200 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹100 and ₹200 issued by the Reserve Bank in the past will continue to be legal tender.

Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenure (Year) 1. Arunachal Pradesh 215 215 7.24 20 2. Assam 900 900 7.24 20 3. Chhattisgarh 1000 1000 100.38/6.7495 Re-issue of 7.03% Chhattisgarh SDL 2026, issued on August 28, 2019 1000 1000 100.16/7.1378 Re-issue of 7.18% Chhattisgarh SDL 2030, issued on January 29, 2020 1000 1000 99.84/7.1480 Re-issue of 7.11% Chhattisgarh SDL 2030, issued on March 18, 2020

The Financial Action Task Force (FATF) vide public document ‘High-Risk Jurisdictions subject to a Call for Action’ - 21 February 2025, has called on its members and other jurisdictions to refer to the statement on Democratic People’s Republic of Korea (DPRK) and Iran adopted in February 2020 which remains in effect. Further, Myanmar was added to the list of High-Risk Jurisdictions subject to a Call for Action in the October 2022 FATF plenary and FATF has called on its members and other jurisdictions to apply enhanced due diligence measures proportionate to the risk arising from Myanmar. When applying enhanced due diligence measures, countries have been advised to ensure that flows of funds for humanitarian assistance, legitimate NPO activity and remittances are not disrupted. The status of Myanmar in the list of countries subject to a call for action, remains unchanged.

Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 15,791 Amount allotted (in ₹ crore) 15,791 Cut off Rate (%) 6.26 Weighted Average Rate (%) 6.28 Partial Allotment Percentage of bids received at cut off rate (%) N.A.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,80,904.21 6.22 5.15-6.50 I. Call Money 17,279.79 6.26 5.15-6.40 II. Triparty Repo 3,86,478.40 6.18 5.85-6.30 III. Market Repo 1,75,149.12 6.29 5.80-6.50 IV. Repo in Corporate Bond 1,996.90 6.37 6.35-6.43

Governor, Reserve Bank of India (RBI) today inaugurated the 5th Digital Payments Awareness Week (DPAW). DPAW is an initiative to highlight the impact and importance of digital payments and to create awareness about safe usage of digital payment products. During the week, RBI, along with payment system operators, banks and other stakeholders, conducts nationwide awareness activities, including multimedia campaigns, on-ground educational programs and social media-based outreach.

In terms of GOI Notification F.No.4 (7) – B (W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series X -Issue date March 11, 2020) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the due date of premature redemption of the above tranche shall be March 11, 2025.

As announced vide the Press Release 2024-2025/2305 dated March 05, 2025 , the Reserve Bank will be conducting a USD/INR Buy/Sell swap auction of USD 10 billion for a tenor of thirty-six months.

As announced vide the Press Release 2024-2025/1933 dated January 15, 2025, the Reserve Bank will be conducting daily Variable Rate Repo (VRR) auctions on all working days in Mumbai with reversal taking place on the next working day, until further notice.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,96,836.41 6.13 5.15-6.80 I. Call Money 16,812.95 6.25 5.15-6.40 II. Triparty Repo 3,96,328.85 6.13 5.92-6.55 III. Market Repo 1,82,147.71 6.12 5.50-6.80 IV. Repo in Corporate Bond 1,546.90 6.13 6.10-6.20 B. Term Segment

(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 - -

Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 29,489 Amount allotted (in ₹ crore) 29,489 Cut off Rate (%) 6.26 Weighted Average Rate (%) 6.27 Partial Allotment Percentage of bids received at cut off rate (%) N.A.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,96,836.41 6.13 5.15-6.80 I. Call Money 16,812.95 6.25 5.15-6.40 II. Triparty Repo 3,96,328.85 6.13 5.92-6.55 III. Market Repo 1,82,147.71 6.12 5.50-6.80 IV. Repo in Corporate Bond 1,546.90 6.13 6.10-6.20 B. Term Segment

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹49,522 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenure (Year) Type of Auction 1. Arunachal Pradesh 215 20 Yield 2. Assam 900 20 Yield 3. Chhattisgarh 1000 Re-issue of 7.03% Chhattisgarh SDL 2026, issued on August 28, 2019 Price 1000 Re-issue of 7.18% Chhattisgarh SDL 2030, issued on January 29, 2020 Price 1000 Re-issue of 7.11% Chhattisgarh SDL 2030, issued on March 18, 2020 Price

The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Jawahar Sahakari Bank Ltd., Hupri with Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd. The Scheme has been sanctioned in exercise of the powers conferred under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from March 10, 2025 (Monday). All the branches of Jawahar Sahakari Bank Ltd., Hupri, will function as branches of Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd., with effect from March 10, 2025.

The Reserve Bank of India, vide directive CDG.DOS.RSG.No.S1645/16-03-046/2022-2023 dated March 09, 2023, had placed Imperial Urban Co-operative Bank Ltd, Jalandhar – under Directions from the close of business on March 10, 2023, for a period of six months up to September 10, 2023, the validity of which was last extended up to close of business on March 10, 2025 vide directive DOR.MON/D-79/12.28.319/2024-25 dated December 05, 2024. 

The Reserve Bank of India (RBI) has, by an order dated February 25, 2025, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Rang De P2P Financial Services Limited (the company) (also referred to as “Rang De”) for non-compliance with certain provisions of the ‘Non-Banking Financial Company - Peer to Peer Lending Platform (Reserve Bank) Directions, 2017’ issued by RBI. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of 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.