Press Releases

The Reserve Bank had launched the third edition of its global hackathon - “HaRBInger – Innovation for Transformation” with the themes ‘Zero Financial Frauds’ and ‘Being Divyang Friendly’ covering four problem statements (Press Release dated June 07, 2024).

Tenor 3-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 92,670 Amount allotted (in ₹ crore) 50,007 Cut off Rate (%) 6.54 Weighted Average Rate (%) 6.57 Partial Allotment Percentage of bids received at cut off rate (%) 43.36

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,91,193.83 6.56 5.10-7.10 I. Call Money 11,631.69 6.65 5.10-6.80 II. Triparty Repo 4,22,207.05 6.55 6.00-6.76 III. Market Repo 1,55,166.39 6.60 5.90-7.10 IV. Repo in Corporate Bond 2,188.70 6.68 6.65-6.85

Government of India (GOI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹22,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.64% GS 2027 Dec 09, 2027 7,000 F.No.4(3)-B(W&M)/2024 dated January 06, 2025 January 10, 2025 (Friday) January 13, 2025 (Monday) 2 7.34% GS 2064 Apr 22, 2064 15,000 Total 22,000

The Reserve Bank of India (RBI) has, by an order dated January 01, 2025, imposed a monetary penalty of ₹15.00 lakh (Rupees Fifteen Lakh only) on The Nasik Merchant’s Co-operative Bank Ltd., Nashik, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and advances to directors, their relatives, and firms / concerns in which they are interested’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on January 07, 2025, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 10:00 AM to 10:30 AM January 10, 2025 (Friday)

The Reserve Bank of India has today issued the Master Direction – Reserve Bank of India (Credit Information Reporting) Directions, 2025. The Master Direction consolidates the existing instructions on credit information reporting and dissemination, issued to the regulated entities (REs) of the Reserve Bank.

The Reserve Bank of India has launched the 68th round of its Order Books, Inventories and Capacity Utilisation Survey (OBICUS). The survey is for the reference period October – December 2024 (Q3:2024-25).

(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    -    -

MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range Overnight Segment (I+II+III+IV) 16,848.34 6.33 5.50-6.75 I. Call Money 1,014.25 6.12 5.75-6.60 II. Triparty Repo 15,521.00 6.34 6.18-6.75 III. Market Repo 313.09 6.34 5.50-6.55 IV. Repo in Corporate Bond 0.00 - - Term Segment I. Notice Money** 62.30 6.20 6.05-6.24 II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.00 - -