Press Releases

The Reserve Bank of India (RBI) has, by an order dated April 21, 2025, imposed a monetary penalty of ₹71.30 lakh (Rupees Seventy One Lakh Thirty Thousand only) on Mahindra & Mahindra Financial Services Limited (the company) for non-compliance with certain provisions of the ‘Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016’ and ‘Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016’ issued by RBI. This penalty has been imposed in exercise of powers conferred on RBI under clause (b) of

In terms of GOI Notification F. No. 4(4)-B(W&M)/2020 dated April 13, 2020 (SGB 2020-21 Series I - Issue date April 28, 2020) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the next due date of premature redemption of the above tranche shall be April 28, 2025.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹24,700 Crore (Face Value). Sr. No. State Amount to be raised (₹Crore) Tenure (Year) Type of Auction 1 Haryana 1000 13 Yield 2 Himachal Pradesh 500 7 Yield 800 9 Yield 3 Kerala 2000 21 Yield 4 Maharashtra 2000 12 Yield 2000 13 Yield

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 April 30, 2025 (Wednesday) May 02, 2025 (Friday) 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. 19 Apr. 11 Apr. 18 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government - 0 0 0 0 4.2 State Governments 17496 35191 36792 1600 19295 * Data are provisional; difference, if any, is due to rounding off.

The Reserve Bank of India (RBI), vide order dated April 24, 2025, has cancelled the licence of “Imperial Urban Co-operative Bank Ltd., Jalandhar”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on April 25, 2025. The Registrar of Cooperative Societies, Government of Punjab has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.

Auction Results 6.75% GS 2029 7.09% GS 2054 I. Notified Amount ₹15,000 crore ₹12,000 crore II. Underwriting Notified Amount ₹15,000 crore ₹12,000 crore III. Competitive Bids Received (i) Number 200 219 (ii) Amount ₹42,433.000 crore ₹32,418.000 crore IV. Cut-off price / Yield 102.35 103.46 (YTM:6.1587%) (YTM:6.8145%) V. Competitive Bids Accepted

6.75% GS 2029 7.09% GS 2054 I. Notified Amount ₹15,000 crore ₹12,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 102.35/6.1587% 103.46/6.8145% III. Amount accepted in the auction ₹15,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period February 24, 2025 – February 28, 2025 All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 24-02-2025 6,259 2,292 2,311 403 447 283 20,214 25,752 2,362 4,760 2,178 500 25-02-2025 9,033 3,590 3,501 437 880 645 27,261 25,135 2,603 6,698 4,802 1,472

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period February 17, 2025 – February 21, 2025 All Figures are in USD Millions Position Date    MERCHANT    INTER BANK FCY / INR    FCY / FCY    FCY / INR    FCY / FCY

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period February 10, 2025 – February 14, 2025

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period February 03, 2025 – February 07, 2025 All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase

Tenor 3-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 6,947 Amount allotted (in ₹ crore) 6,947 Cut off Rate (%) 6.01 Weighted Average Rate (%) 6.01 Partial Allotment Percentage of bids received at cut off rate (%) NA

In the underwriting auction conducted on April 25, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitive Underwriting Amount Accepted (₹ crore) Total Amount underwritten (₹ crore) ACU Commission Cut-off rate (paise per ₹100)

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,20,925.63 5.81 0.01-6.75 I. Call Money 12,680.45 5.85 4.95-5.96 II. Triparty Repo 4,11,215.45 5.77 5.61-6.00 III. Market Repo 1,95,422.73 5.89 0.01-6.75 IV. Repo in Corporate Bond 1,607.00 6.09 5.95-6.15

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949, to Indian Mercantile Co-operative Bank Limited (IMCBL), Lucknow vide Directive DOS.CO.OCCD.185569/12.28.007/2021-22 dated January 28, 2022 for a period of six months upto July 27, 2022, as modified from time to time, which were last extended upto April 27, 2025 vide Directive DOR.MON/D-94/12.28.007/2024-25 dated January 16, 2025. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond April 27, 2025.

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.

Tenor 1-day Notified Amount (in ₹ crore) 1,00,000 Total amount of bids received (in ₹ crore) 9,634 Amount allotted (in ₹ crore) 9,634 Cut off Rate (%) 6.01 Weighted Average Rate (%) 6.01 Partial Allotment Percentage of bids received at cut off rate (%) NA

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on April 25, 2025 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), are as under: