Press Releases

The result of the auction of State Government Securities held on July 22, 2025, is as under: (Amount in ₹ Crore) BIHAR SGS 2037 KERALA SGS 2045 MAHARASHTRA SGS 2047 MAHARASHTRA SGS 2048 Notified Amount 2000 1000 1000 1000 Tenor 12 -Years 20 -Years Re-issue of 7.12% MAHARASHTRA SGS 2047 issued on July 16, 2025 Re-issue of 7.13% MAHARASHTRA SGS 2048 issued on July 16, 2025 Competitive Bids Received

Sr. No. State Notified Amount (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Bihar 2000 2000 7.01 12 2. Kerala 1000 1000 7.10 20 3. Maharashtra 1000 1000 100.31/7.0917 Re-issue of 7.12% Maharashtra SGS 2047, issued on July 16, 2025 1000 1000 100.34/7.0996 Re-issue of 7.13% Maharashtra SGS 2048, issued on July 16, 2025 1000 1000 100.58/7.0991 Re-issue of 7.15% Maharashtra SGS 2049, issued on July 16, 2025 1000 1000 100.74/7.0961 Re-issue of 7.16% Maharashtra SGS 2050, issued on July 16, 2025

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal vide Directive No. CO.DOS.SED.No.S2574/12-07-005/2022-23 dated July 21, 2022 for a period of six months up to close of business on January 22, 2023

The Reserve Bank of India had constructed a composite Financial Inclusion Index (FI-Index) in consultation with the concerned stakeholders including the Government, to capture the extent of financial inclusion across the country, which was first published in August 2021 for the FY ending March 2021.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,19,575.62 5.51 4.75-6.50 I. Call Money 18,053.92 5.48 4.75-5.70 II. Triparty Repo 4,14,235.80 5.51 5.32-5.90 III. Market Repo 1,84,961.35 5.51 5.00-6.00 IV. Repo in Corporate Bond 2,324.55 5.65 5.50-6.50

In terms of GOI notification F.No. 4(22) -B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series-V- Issue date January 22, 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 on July 22, 2025.

Government of India (GoI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹36,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 5.91% GS 2028 Jun 30, 2028 6,000 F.No.4(1)-B(W&M)/2025 dated July 21, 2025 July 25, 2025 (Friday) July 28, 2025 (Monday) 2 6.33% GS 2035 May 05, 2035 30,000 Total 36,000

The Reserve Bank of India (RBl) has, by an order dated July 16, 2025, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Shahada Peoples Co-operative Bank Ltd., Shahada, Maharashtra (the bank), for non-compliance with certain directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs’. 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 (RBl) has, by an order dated July 16, 2025, imposed a monetary penalty of ₹6 lakh (Rupees Six Lakh only) on Motiram Agrawal Jalna Merchants Co-operative Bank Limited, Jalna, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and advances to directors, relatives and firms / concerns in which they are interested’ and ‘Limits on exposure to single and group borrowers / parties and large exposures and Revision in the target for priority sector lending - UCBs’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(

The Reserve Bank of India (RBI) has, by an order dated July 18, 2025, imposed a monetary penalty of ₹20,000 (Rupees Twenty Thousand only) on Sahyadri Sahakari Bank Ltd., Mumbai, Maharashtra (the bank) for non-compliance with the 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.

The Reserve Bank has released the draft Master Direction on ‘Digital Banking Channels Authorisation’. The comments on the draft Directions are invited from public/stakeholders till August 11, 2025. Comments/feedback may be submitted through the respective link under the ‘Connect 2 Regulate’ Section available on the RBI’s website or may alternatively be forwarded to:

The Reserve Bank of India (RBI) has, by an order dated July 17, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Government Employees Co-operative Bank Limited, Dharwad, Karnataka (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’ and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’. 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.

A. Source Security 8.60% GS 2028 7.37% GS 2028 7.26% GS 2029 7.59% GS 2029 B. Notified Amount (in ₹ crore) 4,000 4,000 2,000 4,000 Destination Security 6.22% GS 2035 7.62% GS 2039 6.22% GS 2035 8.32% GS 2032 C. i. No. of offers received 28 9 47 27 ii. Total amount of Source Security offered (Face value, in ₹ crore) 11,287.077 4,320.000 11,257.171 14,883.748 iii. No of offers accepted 0 3 0 5 iv. Total amount of source security accepted (Face value, in ₹ crore) 0 4,000.000 0 4,000.000 v. Total amount of destination security issued (Face value, in ₹ crore) 0 3,830.494 0 3,774.301 vi. Cut-off price (₹) / yield (%) for destination security

(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 - -

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,891.42 5.06 4.05-5.40 I. Call Money 897.80 5.00 4.75-5.40 II. Triparty Repo 5,887.85 5.07 4.60-5.28 III. Market Repo 105.77 4.60 4.05-5.25 IV. Repo in Corporate Bond 0.00 - -

The Certificate of Registration issued to the following Non-Banking Financial Company (NBFC) has been restored after considering the orders passed by the Appellate Authority/Courts. The NBFC is advised to adhere to the applicable provisions of the RBI Act, 1934, and guidelines/directions issued by the RBI including reporting requirements.

The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued On Cancellation Order Date 1 Paridhi Trading Company Pvt Ltd 2nd Floor, Apsara Cinema Building, Dr D.B. Marg, Grant Road, Mumbai, Maharashtra - 400007 13.00973 August 12, 1998 June 25, 2025

The following seven Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 7,138.57 5.28 4.50-6.30 I. Call Money 1,238.40 5.11 4.75-5.40 II. Triparty Repo 3,345.50 5.22 5.00-5.30 III. Market Repo 140.12 4.76 4.50-5.00 IV. Repo in Corporate Bond 2,414.55 5.47 5.40-6.30

In terms of GOI notification F.No. 4(7) -B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series-VIII - Issue date January 21, 2020) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue