Press Releases

Government of India has been undertaking conversion/switch operations with market participants as well as with the Reserve Bank with the objective of smoothening its liability profile as well as for market development. As part of these operations, Government has undertaken

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 9,000 May 07, 2025 (Wednesday) May 08, 2025 (Thursday) 2 182 Days 5,000 3 364 Days 5,000 Total 19,000

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.

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2024 2025 Variation Apr. 26 Apr. 18 Apr. 25 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government - 0 0 0 0 4.2 State Governments 13284 36792 22324 -14467 9040 * Data are provisional; difference, if any, is due to rounding off.

Dr. Poonam Gupta took over as the Deputy Governor of the Reserve Bank of India today. The Government of India on April 02, 2025, appointed her to the post of Deputy Governor for a period of three years from the date of joining the post or until further orders, whichever is earlier.

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 19-Apr-2024 04-Apr-2025* 18-Apr-2025* 19-Apr-2024 04-Apr-2025* 18-Apr-2025* LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 292789.19 351074.23 346509.08 297191.96 357631.44 352736.84** b) Borrowings from banks 172085.67 105753.34 105133.47 172085.67 105753.34 105135.36 c) Other demand & time liabilities 74776.62 23065.11 23924.91 75015.17 23376.65 24210.23 LIABILITIES TO OTHERS (A) a) Deposits (other than from banks) 20753393.98 23115693.06 22860857.29 21216637.71 23616475.06 23356673.93 i) Demand 2461946.55 2781234.31 2637202.46 2512203.40 2834337.87 2689244.87 ii) Time 18291447.43 20334458.76 20223654.82 18704434.31 20782137.19 20667429.06 b) Borrowings @ 775338.10 920596.05 868605.09 779549.01 924884.82 873320.89

The Reserve Bank set up a Working Group to undertake a comprehensive review of trading and settlement timings of markets regulated by the Reserve Bank, as announced in the ‘Statement on Developmental and Regulatory Policies’ dated February 07, 2025. The Working Group was chaired by Shri Radha Shyam Ratho, Executive Director, RBI. It was tasked with reviewing existing market timings, identifying operational challenges, examining global practices and recommending the way forward.

Auction Results 6.64% GS 2027 New GS 2035 I. Notified Amount ₹6,000 crore ₹30,000 crore II. Underwriting Notified Amount ₹6,000 crore ₹30,000 crore III. Competitive Bids Received (i) Number 92 312 (ii) Amount ₹33,530.927 crore ₹1,29,617.000 crore IV. Cut-off price / Yield 101.49 - (YTM: 6.0080%) (YTM: 6.33%)

6.64% GS 2027 New GS 2035 I. Notified Amount ₹6,000 crore ₹30,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 101.49/6.0080% 6.33% III. Amount accepted in the auction ₹6,000 crore ₹30,000 crore IV. Devolvement on Primary Dealers NIL NIL

The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The status of withdrawal of ₹2000 banknotes is periodically published by the RBI. The last press release in this regard was published on April 01, 2025.