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 8,000 February 14, 2024 (Wednesday) February 15, 2024 (Thursday) 2 182 Days 10,000 3 364 Days 9,000 Total 27,000

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹17,500 Crore (Face Value).

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Feb. 3 Jan. 26 Feb. 2 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 20732 12810 22237 9427 1505

Auction Results 7.37% GS 2028 7.18% GS 2033 7.30% GS 2053 I. Notified Amount ₹7000 Crore ₹16000 Crore ₹10000 Crore II. Underwriting Notified Amount ₹7000 Crore ₹16000 Crore ₹10000 Crore III. Competitive Bids Received   (i)  Number 95 172 238 (ii) Amount ₹ 12927.727 Crore ₹ 27439.800 Crore ₹ 25442.928 Crore IV. Cut-off price / Yield 101.19 100.57 101.99

In terms of Government of India Notification F.No.4(6)-B(W&M)/2023 and Reserve Bank press release dated December 08, 2023, the Sovereign Gold Bond Scheme 2023-24 - Series IV will be open for subscription duringFebruary 12–16, 2024.

In terms of Government of India Notification F. No. 4(22) – B(W&M)/2018 dated October 08, 2018 (SGB 2018-19, Series VI - Issue date February 12, 2019) 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 February 12, 2024.

Tenor 3-day Notified Amount (in ₹ crore) 40,000 Total amount of bids received (in ₹ crore) 35,120 Amount allotted (in ₹ crore)

7.37% GS 2028 7.18% GS 2033 7.30% GS 2053 I. Notified Amount ₹7,000 crore ₹16,000 crore ₹10,000 crore II. Cut off Price / Implicit Yield at cut-off 101.19/ 7.0640% 100.57/ 7.0964% 101.99/ 7.1361% III. Amount accepted in the auction ₹7,000 crore ₹16,000 crore ₹10,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL Ajit Prasad Director (Communications) Press Release: 2023-2024/1840  

7.37% GS 2028 7.18% GS 2033 7.30% GS 2053 I. Notified Amount  ₹7,000 crore  ₹16,000 crore  ₹10,000 crore  II.  Cut off Price / Implicit Yield at cut-off  101.19/ 7.0640%  100.57/ 7.0964%  101.99/ 7.1361%  III.  Amount accepted in the auction  ₹7,000 crore  ₹16,000 crore  ₹10,000 crore

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 09, 2024, Friday, as under:

Tenor  14-day  Notified Amount (in ₹ crore)  1,75,000  Total amount of bids received (in ₹ crore)  2,42,004  Amount allotted (in ₹ crore)  1,75,008  Cut off Rate (%)  6.71  Weighted Average Rate (%)  6.73  Partial Allotment Percentage of bids received at cut off rate (%)  23.01

In the underwriting auctions conducted on February 09, 2024 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:

(Amount in ₹ Crore, Rate in Per cent)  MONEY MARKETS@  Volume (One Leg)  Weighted Average Rate  Range  A.  Overnight Segment (I+II+III+IV)  504,897.54  6.65  5.00-7.00  I. Call Money  11,744.71  6.65  5.00-6.75  II. Triparty Repo  332,430.30  6.63  6.25-6.74  III. Market Repo  160,232.53  6.67  6.25-6.85  IV. Repo in Corporate Bond  490.00  6.95  6.95-7.00

The Reserve Bank of India (RBI) has, by an order dated January 19, 2024, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on The Navnirman Co-operative Bank Ltd., Ahmedabad, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Loans and Advances to directors, relatives and firms/concerns in which they are Interested’ read with ‘Loans and Advances to Directors etc. - Directors as surety/guarantors – Clarification’. 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.

The Reserve Bank of India (RBI) has, by an order dated February 6, 2024, imposed a monetary penalty of ₹63.30 lakh (Rupees Sixty-Three Lakh and Thirty Thousand only) on Bombay Mercantile Co-operative Bank Ltd. (the bank) for non-compliance with the directions issued by RBI on ‘Exposure Norms and Statutory / Other Restrictions – UCBs’, ‘Gold Loan – Bullet Repayment - UCBs’ and ‘Unclaimed Deposits and Inoperative/ Dormant Accounts in UCBs’. This penalty has been imposed in exercise of powers conferred on RBI under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

The Reserve Bank of India (RBI) has, by an order dated February 6, 2024, imposed a monetary penalty of ₹43.30 lakh (Rupees Forty-Three Lakh and Thirty Thousand only) on Zoroastrian Co-operative Bank Ltd. (the bank) for non-compliance with the directions issued by RBI on ‘Maintenance of Deposit Accounts’, ‘Interest Rate on Deposits’ and ‘Frauds in UCBs: Changes in Monitoring and Reporting mechanism’. This penalty has been imposed in exercise of powers conferred on RBI under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949

The Reserve Bank of India (RBI) has imposed, by an order dated February 03, 2024, a monetary penalty of ₹6.00 lakh (Rupees Six lakh only) on The Nakodar Hindu Urban Cooperative Bank Ltd., Nakodar (the bank) for non-compliance with the directions issued by RBI on Income Recognition, Asset Classification, Provisioning and Other Related Matters (IRAC Norms) and specific directions issued by RBI under Supervisory Action Framework (SAF). 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 February 09, 2024, Friday, as under

The Reserve Bank of India today released on its website the results of the following Surveys:

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on February 09, 2024. As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under: