Auction Results 6.68% GS 2040 6.90% GS 2065 I. Notified Amount 16,000 13,000 II. Competitive Bids Received (i) Number 343 184 (ii) Amount 43,917.800 31,225.000 III. Cut-off price / Yield 96.23 93.18 (YTM: 7.1007%) (YTM: 7.4365%) IV. Competitive Bids Accepted (i) Number 120 67 (ii) Amount 15,987.323 12,994.830 V. Partial Allotment Percentage of Competitive Bids 19.8502% 82.8839%

6.68% GS 2040 6.90% GS 2065 Notified Amount ₹16,000 crore ₹13,000 crore Cut off Price (₹) / Implicit Yield at cut-off 96.23 / 7.1007% 93.18 / 7.4365%

Tenor 4-day Notified Amount (in ₹ crore) 1,00,000 Total amount of bids received (in ₹ crore) 77,199

On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Repo (VRR) auction on Friday, January 09, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 4 11:00 AM to 11:30 AM January 13, 2026 (Tuesday) 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

Tenor 4-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 1,58,999 Amount allotted (in ₹ crore) 50,011

In the underwriting auction conducted on January 09, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,71,476.09 5.35 3.00-6.40 I. Call Money 22,210.69 5.40 4.50-5.53 II. Triparty Repo 4,52,368.30 5.33 5.24-5.55 III. Market Repo 1,93,581.80 5.40 3.00-6.00 IV. Repo in Corporate Bond 3,315.30 5.53 5.42-6.40 B. Term Segment I. Notice Money** 923.50 5.59 4.90-5.80

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Friday, January 09, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 4 9:30 AM to 10:00 AM January 13, 2026 (Tuesday) 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022. 

     The Reserve Bank of India (RBI) has, by an order dated December 9, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on Pinnacle Capital Solutions Private Limited, Jharkhand (the company) for non-compliance with certain directions issued by RBI on ‘Default Loss Guarantee (DLG) in Digital Lending’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Bank of India Act, 1934.

Reserve Bank of India today placed on its website the following draft Directions for public comments: