Press Releases

The result of the auction of State Government Securities held on May 07,2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2037    ANDHRA PRADESH 2038    ANDHRA PRADESH 2042    ANDHRA PRADESH 2043 Notified Amount    500    500    1000    500 Tenure    13    14    18    19 Competitive Bids Received    (i) No.    63    58    41    26 (ii) Amount    2155    2370    3700    2830 Cut off Price (₹)

Sr. No. State Amount to be raised (₹Crore) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Year) 1 Andhra Pradesh 500 500 7.47 13 500 500 7.46 14 1000 1000 7.43 18 500 500 7.42 19 

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 4,87,402.03    6.39 4.00-6.81 I. Call Money 12,491.48 6.48 5.50-6.75 II. Triparty Repo 3,06,502.30 6.39 6.32-6.81 III. Market Repo 1,67,058.25 6.38 4.00-6.79 IV. Repo in Corporate Bond 1,350.00 6.53 6.50-6.80 B. Term Segment I. Notice Money** 1,604.88 6.33 5.40-6.50 II. Term Money@@ 862.00 - 6.45-6.90 III. Triparty Repo 4,502.50 6.48 6.25-6.75 IV. Market Repo 605.00 6.95 6.95-6.95 V. Repo in Corporate Bond 0.00 - -

Government of India (GOI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹20,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (Rs. crore) GoI specific Notification Auction Date Settlement Date 1 7.32% GS 2030 Nov 13, 2030 11,000 F.No.4(3)-B(W&M)/2024 dated May 06, 2024 May 10, 2024 (Friday) May 13, 2024 (Monday) 2 7.30% GS 2053 June 19, 2053 9,000 Total 20,000

The rate of interest on Government of India Floating Rate Bond 2024 (FRB 2024) applicable for the half year May 07, 2024 to November 06, 2024 shall be 7.03 per cent per annum.

The Reserve Bank of India (RBI) has, by an order dated April 09, 2024, imposed a monetary penalty of ₹1,50,000/- (Rupees One lakh Fifty Thousand only) on Odisha Gramya Bank (the bank) for non-compliance with the directions issued by RBI on ‘Strengthening of Prudential Norms - Provisioning, Asset Classification and Exposure Limit’ and ‘Regional Rural Banks - Income Recognition, Asset Classification and Provisioning Norms - Non-Performing Assets (NPAs)’.

Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 26,045 Amount accepted (in ₹ crore) 26,045 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on May 06, 2024, Monday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 1 12:30 PM to 01:00 PM May 07, 2024 (Tuesday)

(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 - - B. Term Segment   I. Notice Money**    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) 10,153.32 6.20 5.00-6.50 I. Call Money 1,178.75 6.16 5.50-6.50 II. Triparty Repo 8,795.05 6.21 5.00-6.30 III. Market Repo 179.52 5.96 5.00-6.00 IV. Repo in Corporate Bond 0.00 - - B. Term Segment       I. Notice Money** 0.60 6.20 6.20-6.20 II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.00 - -