The Reserve Bank has today released data on Reserve Money for the week ended December 29, 2023. Ajit Prasad Director (Communications)

The Reserve Bank has today released data on Money Supply for the fortnight ended December 15, 2023.

Result of the 7-day Variable Rate Repo auction held on December 29, 2023 Tenor 7-day Notified Amount (in ₹ crore) 1,25,000 Total amount of bids received (in ₹ crore) 3,01,274 Amount allotted (in ₹ crore) 1,25,020 Cut off Rate (%) 6.73 Weighted Average Rate (%) 6.74 Partial Allotment Percentage of bids received at cut off rate

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo auction on December 29, 2023, Friday, in lieu of the main operation, as under:

Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 1,58,399 Amount allotted (in ₹ crore) 50,007 Cut off Rate (%) 6.71 Weighted Average Rate (%) 6.73

The Reserve Bank has today released data on Reserve Money for the week ended December 22, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/1552

Currently, recourse to the Standing Deposit Facility (SDF) and the Marginal Standing Facility (MSF) is available on an overnight basis on all days, including Sundays and holidays, but reversal is permitted only on the next working day in Mumbai. As announced in the Governor’s Statement dated December 08, 2023, it has been decided to allow reversal of liquidity facilities under both SDF and MSF even during weekends and holidays with effect from December 30, 2023. The SDF/MSF bids triggered under the Automated Sweep-In and Sweep-Out (ASISO) facility will now reverse on the next calendar day. In the case of a manual bid placed through the e-Kuber portal, the choice with regard to tenor will be exercisable by the eligible entities at the time of placing of bid. Access to SDF/MSF will continue to be available on all days, including Sundays and holidays.

On a review of current and evolving liquidity conditions, the Reserve Bank of India has decided to conduct a Variable Rate Repo auction on December 27, 2023, Wednesday, as under: