Press Releases

The Reserve Bank of India (RBI) has, by an order dated December 10, 2024, imposed a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on The Ropar Central Co-operative Bank Ltd., Ropar, Punjab (the bank) for contravention of provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act). 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 BR Act.

The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of November 2024.

Government of India has announced the sale (issue / re-issue) of Government Securities, as detailed below, through auctions to be held on December 13, 2024.

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 01-Dec-2023 15-Nov-2024* 29-Nov-2024* 01-Dec-2023 15-Nov-2024* 29-Nov-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 249012.95 286037.41 273721.88 252864.88 291221.79 278500.30** b) Borrowings from banks 200300.56 135263.61 136378.04 200371.41 135338.08 136401.00 c) Other demand & time liabilities 71526.81 24650.32 24840.15 72234.28 25006.84 25175.79

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 587,676.92 6.66 3.00-7.15 I. Call Money 11,007.27 6.70 5.50-6.90 II. Triparty Repo 424,300.60 6.65 6.00-6.78 III. Market Repo 151,000.35 6.67 3.00-6.90 IV. Repo in Corporate Bond 1,368.70 6.86 6.85-7.15

The Reserve Bank has today released data on Reserve Money for the week ended December 06, 2024 and Money Supply for the fortnight ended November 29, 2024.

Shri Sanjay Malhotra, an Indian Administrative Service Officer of 1990 Batch Rajasthan Cadre, took over charge as the 26th Governor of the Reserve Bank of India effective December 11, 2024. Immediately prior to this appointment, Shri Malhotra was Secretary, Department of Revenue (DOR) in the Ministry of Finance, Government of India, before which Shri Malhotra held the post of Secretary in Department of Financial Services in the Ministry of Finance, Government of India.

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Amanath Co-operative Bank Ltd., Bangalore vide Directive No. CO.DOS.SED.No.S1931/12.23.001/2024-2025 dated June 12, 2024, for a period of six months upto December 12, 2024. 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 December 12, 2024

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹7000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 99 73 77 (ii) Amount ₹ 27635.000 Crore ₹ 13477.100 Crore ₹ 16529.150 Crore III. Cut-off price / Yield 98.4179 96.8092 93.8439 (YTM:6.4478%) (YTM:6.6100%) (YTM:6.5780%) IV. Competitive Bids Accepted (i) Number 25 52 37 (ii) Amount ₹ 6958.793 Crore ₹ 5983.673 Crore ₹ 5986.534 Crore V. Partial Allotment Percentage of Competitive Bids 45.96% 12.07% 9.12% (1 Bid) (2 Bids) (1 Bid) VI. Weighted Average Price/Yield 98.4195 96.8211 93.8597 (WAY: 6.4412%) (WAY: 6.5846%) (WAY: 6.5600%)

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.4179 (YTM:6.4478%) 96.8092 (YTM: 6.6100%) 93.8439 (YTM: 6.5780%) IV. Total Face Value Accepted ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore