Press Releases

The value of exports and imports of services during February 2024 is given in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) October – 2023 28,048 (10.9) 13,460 (-0.4) November – 2023 28,108 (4.4) 13,679 (-11.1)

On a review of the prevailing and evolving market conditions, Reserve Bank of India, in consultation with the Government of India, has decided that all securities under the market borrowing programme of Government of India shall, henceforth, be auctioned using multiple price auction method.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 78,173.67 6.68 5.00-7.10 I. Call Money 385.30 6.15 5.80-6.25 II. Triparty Repo 76,411.45 6.69 5.00-6.80 III. Market Repo 1,376.92 6.72 6.50-7.10 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) 2,212.65 6.73 5.75-7.65 I. Call Money 1,464.65 5.75-6.75 II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 748.00 7.61 7.50-7.65 B. Term Segment I. Notice Money** 7,341.84 7.63 5.00-9.00 II. Term Money@@ 521.30 - 7.00-7.90 III. Triparty Repo 254,426.70 6.98 5.00-7.60 IV. Market Repo 167,895.10 7.11 5.25-7.75

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item20232024Variation Mar. 24Mar. 15Mar. 22WeekYear 12345 4 Loans and Advances 4.1 Central Government00000 4.2 State Governments76251992913251-66785626 * Data are provisional; difference, if any, is due to rounding off.2. Foreign Exchange Reserves*

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹16,100 Crore (Face Value).

The Reserve Bank of India, in consultation with the State Governments/Union Territories (UTs), announces that the quantum of total market borrowings by the State Governments/UTs for the quarter April – June 2024, is expected to be ₹2,54,040 Crore. The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confirmed participation and tentative amounts indicated by them is as under:

Today, the Reserve Bank released data relating to India’s International Investment Position  for end-December 2023[1]. [1] India’s quarterly IIP is disseminated with a lag of one quarter and the previous quarterly IIP for end-September 2023 was released in the RBI website on December 29, 2023.

The facility of exchange / deposit of ₹2000 banknotes will not be available on Monday, April 01, 2024 at the 19 Issue Offices1 of the Reserve Bank of India due to operations associated with the Annual Closing of Accounts. The facility will resume on Tuesday, April 02, 2024.