Press Releases

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