Government of India has announced the sale (issue/ re-issue) of Government Securities, as detailed below, through auctions to be held on April 11, 2025 (Friday).

This Statement sets out various developmental and regulatory policy measures relating to (i) Regulations; (ii) Payment Systems; and (iii) Fintech. I.    Regulations 1.    Securitisation of Stressed Assets Framework A prudentially structured securitisation transaction can be an enabler for resolution of stressed assets as it is expected to improve risk distribution and provide an exit route from such exposures for lenders. With this objective, RBI had released a discussion paper on Securitisation of Stressed Assets Framework in January 2023, to seek comments 

This was the 54th meeting overall and the first meeting in the financial year 2025-26 of the MPC. The year has begun on an anxious note for the global economy. Some of the concerns on trade frictions are coming true, unsettling the global community. We, at the Reserve Bank, while remaining alert to these global developments, began the year celebrating the completion of 90 years of this august institution since its establishment on 1st April, 1935. The Reserve Bank’s journey over the last nine decades is closely intertwined with the nation’s development and progress. As a custodian of monetary and financial stability, the Reserve Bank has evolved over the years into a full-service central bank with varied functions facilitating a market economy.

Monetary Policy Decisions The Monetary Policy Committee (MPC) held its 54th meeting from April 7 to 9, 2025 under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. The MPC members Dr. Nagesh Kumar, Shri Saugata Bhattacharya, Prof. Ram Singh, Dr. Rajiv Ranjan, and Shri M. Rajeshwar Rao attended the meeting.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,55,461.23 6.10 3.50-6.40 I. Call Money 14,970.37 6.15 5.15-6.25 II. Triparty Repo 4,18,997.90 6.06 5.85-6.15 III. Market Repo 2,19,925.71 6.17 3.50-6.35 IV. Repo in Corporate Bond 1,567.25 6.37 6.35-6.40

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.

The result of the auction of State Government Securities held on April 08, 2025, is as under: (Amount in ₹ Crore) HARYANA SGS 2039 JAMMUKASHMIR SGS 2042 TELANGANA SGS 2047 TELANGANA SGS 2055 Notified Amount 1000 500 1000 1000 Tenure 14 17 22 30 Competitive Bids Received (i) No. 69 25 20 13 (ii) Amount 5780 2777.250 3425 3460 Cut off Yield (%) 6.81 6.83 6.87 6.87 Competitive Bids Accepted (i) No. 1 1 1 1 (ii) Amount 904.783 499.994 979.817 999.786 Partial Allotment Percentage of Competitive Bids (i) Percentage 90.48 100.00 97.98 99.98 (ii) No. (1 bid) (1 bid) (1 bid) (1 bid) Non - Competitive Bids Received (i) No. 7 2 4 2

I. Summary OMO Purchase Results Aggregate Amount (Face value) notified by RBI : 20,000 crore Total amount offered (Face value) by participants : 70,144 crore Total amount accepted (Face value) by RBI : 20,000 crore

Security 6.54% GS 2032 8.24% GS 2033 7.73% GS 2034 7.54% GS 2036 7.23% GS 2039 Total amount notified Aggregate amount of ₹20,000 crore (no security-wise notified amount) Total amount (face value) accepted by RBI (₹ in crore) 5,755 1,985 2,859 3,000 6,401 Cut off yield (%) 6.5117 6.5841 6.6058 6.6582 6.6375 Cut off price (₹) 100.14 110.72 107.94 106.84 105.35

Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1. Haryana 1000 1000 6.81 14 2. Jammu and Kashmir 500 500 6.83 17 3. Telangana 1000 1000 6.87 22 1000 1000 6.87 30 3500 3500

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Ramgarhia Co-operative Bank Limited, New Delhi vide Directive No. DEL.DOS.EXG_SSM.No.S515/12-10-013/2022-2023 dated July 07, 2022 for a period of 06 months up to close of business on January 08, 2023, which was last extended vide Directive No. DOR.MON.D-88/12.28.115/2024-25 dated January 06, 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 close of business on April 08, 2025.

Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 23,515 Amount allotted (in ₹ crore) 23,515 Cut off Rate (%) 6.26 Weighted Average Rate (%) 6.27 Partial Allotment Percentage of bids received at cut off rate (%) NA

The Reserve Bank of India had issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Shirpur Merchants’ Co-operative Bank Ltd., Shirpur, Maharashtra, vide Directive No. CO.DOS.SED. No. S175/45-11-001/2024-2025 dated April 05, 2024, for a period of six months up to the close of business on October 08, 2024 as modified from time to time, which were last extended up to the close of business on April 08,2025 vide Directive DOR.MON.D-90/12-21-364/2024-25 dated January 08,2025

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,67,515.48 6.12 0.01-7.15 I. Call Money 17,239.13 6.16 5.10-6.30 II. Triparty Repo 4,31,084.95 6.11 5.80-6.27 III. Market Repo 2,17,626.40 6.14 0.01-6.65 IV. Repo in Corporate Bond 1,565.00 6.39 6.30-7.15

Government of India (GOI) has announced the sale (issue / re-issue) of two dated securities for a notified amount of ₹32,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.92% GS 2039 Nov 18, 2039 16,000 F.No.4(1)-B(W&M)/2025 dated April 07, 2025 April 11, 2025 (Friday) April 15, 2025 (Tuesday) 2 New GS 2065 Apr 15, 2065 16,000 Total 32,000

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.

The Reserve Bank of India (RBl) has, by an order dated April 03, 2025, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on Shri Ganesh Sahakari Bank Limited, Nashik, Maharashtra (the bank) for contravention of the provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’. 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 BR Act.

(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) 18,048.93    5.89    4.75-6.35 I. Call Money 1,528.20    5.77    5.25-6.35 II. Triparty Repo 16,226.30    5.89    4.75-6.10 III. Market Repo 294.43    6.23    5.00-6.25

Tenor 1-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 16,505 Amount allotted (in ₹ crore) 16,505 Cut off Rate (%) 6.26 Weighted Average Rate (%) 6.27 Partial Allotment Percentage of bids received at cut off rate (%) NA