Press Releases

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on January 03, 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

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,55,797.55 6.36 3.51-6.75 I. Call Money 9,479.05 6.52 5.10-6.70 II. Triparty Repo 3,79,928.20 6.31 6.00-6.52 III. Market Repo 1,64,546.60 6.47 3.51-6.75 IV. Repo in Corporate Bond 1,843.70 6.68 6.60-6.75

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 December 02, 2024.

During the quarter ended December 31, 2024, the Reserve Bank of India has received one application under the Guideline

The Reserve Bank has today released data on Reserve Money for the week ended December 27, 2024. 

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹12000 Crore ₹8000 Crore ₹8000 Crore II. Competitive Bids Received (i) Number 92 94 108 (ii) Amount ₹32114.700 Crore ₹21130.000 Crore ₹22718.500 Crore III. Cut-off price / Yield 98.3821 96.7579 93.7370 (YTM: 6.5961%) (YTM: 6.7199%) (YTM: 6.6998

In terms of Para 13 (ii) of Government of India Notification F.No.4(10)- B(W&M)/2020 dated June 26, 2020 on Floating Rate Savings Bonds, 2020 (Taxable)- FRSB 2020 (T), the coupon/interest rate of the bond would be reset half yearly, starting with January 01, 2021 and the coupon/

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹12,000 Crore ₹8,000 Crore ₹8,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3821 (YTM:6.5961%) 96.7579 (YTM: 6.7199%) 93.7370 (YTM: 6.6998%) IV. Total Face Value Accepted ₹12,000 Crore ₹8,000 Crore ₹8,000 Crore

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,03,493.66 6.59 5.00-7.25 I. Call Money 6,445.77 6.88 5.10-7.25 II. Triparty Repo 3,43,877.25 6.52 5.61-6.76 III. Market Repo 1,50,900.94 6.74 5.00-6.97 IV. Repo in Corporate Bond 2,269.70 7.03 6.99-7.10

Data on sectoral deployment of bank credit for the month of November 2024 collected from 41 select scheduled commercial banks, accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks, are set out in Statements I and II.