Press Releases

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified   ₹4,000 Crore   ₹4,000 Crore   ₹4,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3214 (YTM:6.8478%) 96.6236 (YTM:7.0080%) 93.4430 (YTM:7.0364%) IV. Total Face Value Accepted   ₹4,000 Crore   ₹4,000 Crore   ₹4,000 Crore

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,48,045.14    6.43    5.00-7.50 I. Call Money 11,377.24    6.49    5.40-6.60 II. Triparty Repo 3,66,219.10    6.42    6.27-6.60 III. Market Repo 1,69,537.80    6.44    5.00-6.75 IV. Repo in Corporate Bond 911.00    6.74    6.65-7.50 

Shri Shaktikanta Das, Governor, Reserve Bank of India today launched three major initiatives of the Reserve Bank of India, namely the PRAVAAH portal, the Retail Direct Mobile App and a FinTech Repository in the presence of Shri Satish Kashinath Marathe, Prof. Sachin Chaturvedi, Directors on the Central Board of the Reserve Bank; Prof. H. Krishnamurthy, member of Board, Reserve Bank Innovation Hub (RBIH); Dr. M D Patra, Shri M Rajeshwar Rao, Shri T Rabi Sankar, Shri Swaminathan J, Deputy Governors of the Reserve Bank; MD & CEOs of select banks and NBFCs; Chief Executive, IBA ; MD/CEOs of Clearing Corporation of India Limited (CCIL), Reserve Bank Information Technology Ltd. (ReBIT), Indian Financial Technology and Allied Services (IFTAS) and RBIH; representatives of Fintechs and other senior officials of the Reserve Bank.

The result of the auction of State Government Securities held on May 28, 2024 is as under: (Amount in ₹Crore)  ANDHRA PRADESH 2048 ANDHRA PRADESH 2049 ASSAM 2034 JAMMU AND KASHMIR UT 2054 Notified Amount 1000 1000 1000 1000 Tenure 24 25 10 30 Competitive Bids Received   (i) No. 21 16 70 8 (ii) Amount 2515 2915 2740.25 1820 Cut off Yield (%) 7.34 7.34 7.37 7.34 Competitive Bids Accepted   (i) No. 5 6 10 3 (ii) Amount 999.891 999.938 959.598 999.928 Partial Allotment Percentage of Competitive Bids   (i) Percentage 89.84 45.69 70.93 66.66

Sr. No. State / UT Amount to be raised (₹Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.34 24 1000 1000 7.34 25 2 Assam 1000 1000 7.37 10 3 Jammu and Kashmir 1000 1000 7.34 30 4 Kerala 2000 2000 7.36 12 1500 1500 7.34 31 5 Mizoram 200 200 7.37 15 6 Punjab 1500 1500 7.37 12 7 Rajasthan 1500 1500 7.37 10 1000 1000 7.36 13 1000 1000 7.37 15 1500 1500 7.34 21 8 Tamil Nadu 1000 1000 7.34 05 2000 2000 7.38 09 2000 2000 7.38 10 9 West Bengal 2000 2000 7.37 16 Total 21,200 21,200

The Reserve Bank of India, vide Directive:LKO.DoS.SED.No.S-381/10.12.359/2023-24 dated August 28, 2023 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), had placed the Purvanchal Co-operative Bank Ltd., Ghazipur (U.P) under Directions from the close of business on August 29, 2023. The validity of these Directions was extended time-to-time, last being up to May 29, 2024.

MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 547,791.21 6.58 3.55-7.60 I. Call Money 13,623.47 6.68 4.75-6.77 II. Triparty Repo 372,777.25 6.56 6.00-6.70 III. Market Repo 160,484.49 6.62 3.55-6.75 IV. Repo in Corporate Bond 906.00 6.89 6.80-7.60

The Reserve Bank of India had issued Directions to Ajantha Urban Co-operative Bank Maryadit, Aurangabad, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive No. NGP.DoS.SSM 3.No.S675/15.03.302/2023-2024 dated August 28, 2023, for a period of six months up to the close of business on February 29, 2024, which were last extended up to the close of business on May 29, 2024 vide Directive DOR.MON.D-130/12.22.740/2023-24 dated February 23, 2024.

Government of India (GOI) has announced the sale ( issue / re-issue ) of three dated securities for a notified amount of ₹ 29,000 crore as per the following details:

The Government of India has announced the buyback of its Securities through auction for an aggregate amount of ₹40,000 crore (face value). The following securities will be offered for buyback: Sr. No. Security Date of Maturity 1 7.35% GS 2024 June 22, 2024 2 8.40% GS 2024 July 28, 2024 3 FRB 2024 November 7, 2024 4 9.15% GS 2024 November 14, 2024