Press Releases

The Government of Maharashtra has declared September 29, 2023 as a public holiday under Section 25 of the Negotiable Instruments Act, 1881. The public holiday on September 28, 2023 declared earlier has been cancelled.2. To ensure smooth functioning of the financial markets and non-disruptive settlement of transactions especially in view of the quarter / half year end

In order to enable institutional and retail investors to plan their investments efficiently and to provide transparency and stability to the Government Securities Market, the Reserve Bank of India, in consultation with the Government of India,

The result of the auction of State Government Securities held on September 26, 2023 is as under: (Amount in ₹ Crore) BIHAR 2031CHHATTISGARH 2030GOA 2033GUJARAT 2031 Notified Amount200010001501500 Tenure87108 Competitive Bids Received

The Central Government has re-appointed Shri M. Rajeshwar Rao as Deputy Governor, Reserve Bank of India for a period of one year with effect from October 09, 2023, or until further orders, whichever is earlier. (Yogesh Dayal)  Press Release: 2023-2024/997 Chief General Manager Chief General Manager

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg)Weighted Average RateRange A. Overnight Segment (I+II+III+IV)512,047.916.775.00-7.80 I. Call Money9,966.156.755.00-6.85 II. Triparty Repo367,646.706.766.75-6.84 III. Market Repo134,345.066.796.01-

It has been decided, in consultation with the Government of India, that the limit for Ways and Means Advances (WMA) for the second half of the financial year 2023-24 (October 2023 to March 2024) will be ₹50,000 crore.The Reserve Bank of India may trigger fresh floatation of market loans when the Government of India utilises 75 per cent of the WMA limit.

After reviewing the cash position of the Central Government, the Reserve Bank of India, in consultation with the Government of India, hereby, notifies the calendar for issuance of Treasury Bills for the quarter ending December 2023 as under: Notified Amount for Auction of Treasury Bills

Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Year) 1 Bihar 200020007.528 2 Chhattisgarh 100010007.497 3 Goa1501507.4910 4 Gujarat150015007.458 5 Haryana5005007.4710

The Reserve Bank of India (RBI), vide order dated September 25, 2023, has cancelled the licence of Nashik Zilla Girna Sahakari Bank Limited, Nashik, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on September 26, 2023. The Commissioner and Registrar of Cooperative, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average RateRange A. Overnight Segment (I+II+III+IV)511,625.166.770.02-6.95 I. Call Money8,368.306.755.00-6.95 II. Triparty Repo355,691.556.766.75-6.79