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डिसें 15, 2023
Auction of State Government Securities

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹19,592 Crore (Face Value).   Sr. No.  State / UT  Amount to be raised  (₹ Cr)  Additional Borrowing (Greenshoe)  Option (₹ Cr)  Tenure (Year)  Type of Auction

डिसें 15, 2023
Government Stock - Auction Results: Cut-off

7.37% GS 2028 7.18% GS 2033 7.46% GS 2073 I. Notified Amount ₹7,000 crore ₹16,000 crore ₹10,000 crore II. Cut off Price / Implicit Yield at cut-off 101.20/ 7.0699% 99.92/ 

डिसें 15, 2023
Prof. Arvind Panagariya, Columbia University delivered the Eighteenth C. D. Deshmukh Memorial Lecture titled “India at 125: Reclaiming the Lost Glory and Returning the Global Economy to the Old Normal

The Reserve Bank of India hosted the Eighteenth C.D. Deshmukh Memorial Lecture on December 15, 2023 in Mumbai. The lecture was delivered by Professor Arvind Panagariya, Professor of Economics and the Jagdish Bhagwati Professor of Indian Political Economy at Columbia University. The text of his lecture India at 125: Reclaiming the Lost Glory and Returning the Global Economy to the Old Normal” is placed at www.rbi.org.in. (Yogesh Dayal) Chief General Manager Press Release: 2023-2024/1497

डिसें 15, 2023
Government Stock - Full Auction Results

Auction Results  7.37% GS 2028  7.18% GS 2033  7.46% GS 2073  I.  Notified Amount  ₹7000 Crore  ₹16000 Crore  ₹10000 Crore  II.  Underwriting Notified Amount  ₹7000 Crore  ₹16000 Crore  ₹10000 Crore  III.  Competitive Bids Received     (i)  Number  119  212  187

डिसें 15, 2023
Premature redemption under Sovereign Gold Bond Scheme - Redemption Price for premature redemption due on December 18, 2023 (SGB 2017-18 Series XII)

In terms of Government of India Notification F.No.4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series XII - Issue date December 18, 2017) on Sovereign Gold Bond (SGB) 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 December 18, 2023. 2. Further, the redemption price of SGB shall be based on the simple average of closing gold price of 999 purity of previous three business days from the date of redemption as published by the India Bullion and Jewellers Association Ltd (IBJA). 

डिसें 15, 2023
Sovereign Gold Bond Scheme 2023-24 Series III - Issue Price

In terms of Government of India notification F.No.4(6)-B(W&M)/2023 and Reserve Bank press release dated December 08, 2023, the Sovereign Gold Bond Scheme 2023- 24 - Series III will be open for subscription during December 18–22, 2023. The nominal value of the bond based on the simple average of closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three working days of the week preceding the subscription period, i.e. December 13, December 14, and December 15, 2023 works out to ₹6,199/- (Rupees Six thousand one hundred and ninety nine only) per gram of gold. Government of India, in consultation with the Reserve Bank, has decided to offer a discount of ₹50/- per gram less than the nominal value to those investors applying online and making the payment against the application through digital mode. For such investors, the issue price of Gold Bond will be ₹6,149/- (Rupees Six thousand one hundred and forty nine only) per gram of gold. Ajit Prasad Director (Communications) Press Release: 2023-2024/1495

डिसें 15, 2023
Result of the 7-day Variable Rate Repo auction held on December 15, 2023

Tenor  7-day  Notified Amount (in ₹ crore)  1,00,000  Total amount of bids received (in ₹ crore)  2,73,354  Amount allotted (in ₹ crore)  1,00,006  Cut off Rate (%)  6.61  Weighted Average Rate (%)  6.63  Partial Allotment Percentage of bids received at cut off rate (%)  78.5  

डिसें 15, 2023
Results of Underwriting Auctions Conducted on December 15, 2023

In the underwriting auctions conducted on December 15, 2023 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 below:

डिसें 15, 2023
Money Market Operations as on December 14, 2023

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 518,854.20 6.76 3.00-6.90 I. Call Money 11,803.92 6.76 5.50-6.88 II. Triparty Repo 358,439.55 6.75 6.00-6.77

डिसें 15, 2023
Overseas Direct Investment for November 2023

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 2023. Ajit Prasad Director (Communications) Press Release : 2023-2024/1488  

डिसें 14, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Rajapur Sahakari Bank Limited, Mumbai - Extension of period

The Reserve Bank of India, vide directive CO.DOS.SED.No.S1917/12.22.212/2023-24 dated June 13, 2023, had placed The Rajapur Sahakari Bank Ltd, Mumbai under Directions for a period of six months from the close of business on June 14, 2023 till close of business on December 14, 2023

डिसें 14, 2023
RBI imposes monetary penalty on Janakalyan Sahakari Bank Limited, Mumbai

The Reserve Bank of India (RBI) has, by an order dated December 12, 2023, imposed a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on Janakalyan Sahakari Bank Limited, Mumbai (the bank) for non-compliance with the directions issued by RBI on ‘Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC)’. This penalty has been imposed in exercise of powers conferred on RBI under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

डिसें 14, 2023
RBI imposes monetary penalty on Pune Merchants Co-operative Bank Limited, Pune, Maharashtra

The Reserve Bank of India (RBI) has, by an order dated November 22, 2023, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Pune Merchants Co-operative Bank Limited, Pune (the bank) for non-compliance with the directions issued by RBI on ‘Maintenance of Deposit Accounts - Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949.

डिसें 14, 2023
RBI imposes monetary penalty on Pune Municipal Corporation Servant’s Co-operative Urban Bank Limited, Pune, Maharashtra

The Reserve Bank of India (RBI) has, by an order dated November 23, 2023, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Pune Municipal Corporation Servant’s Co-operative Urban Bank Limited, Pune (the bank) for non-compliance with RBI directions on ‘Maintenance of Deposit Accounts - Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47 A (1) (c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

डिसें 14, 2023
RBI imposes monetary penalty on Indapur Urban Co-operative Bank Limited, Pune, Maharashtra

The Reserve Bank of India (RBI) has, by an order dated November 17, 2023, imposed a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on Indapur Urban Co-operative Bank Bank Ltd., Pune, Maharashtra (the bank) for non-compliance with directions issued by RBI on ‘Investments by Primary (Urban) Co-operative Banks’, ‘Maintenance of Deposit Accounts - Primary (Urban) Co-operative Banks’, and ‘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 47 A (1) (c) read with sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949.

डिसें 14, 2023
RBI imposes monetary penalty on The Patan Urban Co-operative Bank Limited, Satara, Maharashtra

The Reserve Bank of India (RBI) has, by an order dated November 17, 2023, imposed a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on The Patan Urban Co-operative Bank Limited, Satara, Maharashtra (the bank) for contravention of the provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and for non-compliance with the directions issued by RBI on ‘The Depositor Education and Awareness Fund’. 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.

डिसें 14, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Sawantwadi Urban Co-operative Bank Ltd., Sawantwadi- Extension of period

The Reserve Bank of India, vide directive CO.DOS.SED.No.S1918/12-22-283/2023-2024 dated June 13, 2023, had placed Sawantwadi Urban Co-operative Bank Ltd., Sawantwadi under Directions for a period of six months from the close of business on June 14, 2023.

डिसें 14, 2023
RBI to conduct 7-day Variable Rate Repo auction under LAF on December 15, 2023

The 14-day VRRR auction conducted on December 01, 2023 and subscribed for ₹22,468 crore is maturing and allowed to be reversed on December 15, 2023. Furthermore, in view of likely outflows from the banking system on account of advance tax and GST payments, it has been decided to conduct a 7-day Variable Rate Repo auction on December 15, 2023, Friday, in lieu of the main operation, as under:

डिसें 14, 2023
Underwriting Auction for sale of Government Securities for ₹33,000 crore on December 15, 2023

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on December 15, 2023.

डिसें 14, 2023
Scheduled Banks’ Statement of Position in India as on Friday, December 01, 2023

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 02-Dec-22 17-NOV-2023 * 01-DEC-2023 * 02-Dec-22 17-NOV-2023 * 01-DEC-2023 * LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 204511.44 241123.11 254742.65 206990.5 244489.69 258583.28 **

डिसें 14, 2023
Money Market Operations as on December 13, 2023

(Amount in ₹ Crore, Rate in Per cent)  MONEY MARKETS@ Volume (One Leg) Weighted Average Rate  Range A. Overnight Segment (I+II+III+IV) 519,132.46  6.76 3.00-6.95 I. Call Money 12,006.19 6.78  5.00-6.90 II. Triparty Repo 364,884.80  6.75  6.40-6.95 III. Market Repo 142,116.47 6.78 3.00-6.90

डिसें 13, 2023
Conversion/Switch of Government of India Securities

Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹14,000 crore (face value). The security-wise details of the conversion/switch are given as under:

डिसें 13, 2023
Reserve Money for the week ended December 08, 2023 and Money Supply for the fortnight ended December 01, 2023

The Reserve Bank has today released data on Reserve Money for the week ended December 08, 2023 and Money Supply for the fortnight ended December 01, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/1473

डिसें 13, 2023
Survey on International Trade in Banking Services, 2022-23

Today, the Reserve Bank released the results of 2022-23 round of its survey on international trade in banking services (ITBS). This annual survey focuses on cross-border fund-based banking services (e.g., deposits, credit) as well as financial auxiliary services with explicit/implicit fees/commissions charged by foreign branches and overseas subsidiaries

डिसें 13, 2023
Treasury Bills: Full Auction Result

Auction Results    91 Days    182 Days 364 Days I. Notified Amount ₹7000 Crore ₹8000 Crore ₹9000 Crore II. Competitive Bids Received (i) Number 109 94 107 (ii) Amount ₹28115.757 Crore ₹18839.561 Crore ₹19470.2 Crore

डिसें 13, 2023
RBI cancels Certificate of Registration of One NBFC

 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 company.Sr. No.Name of the CompanyRegistered Office AddressCoR No.CoR Issued OnCancellation Order Date1Jaryal Motor Finance Company LimitedWard No. 11, Dosharka, Subhash Nagar, P.O. Mohin, Tehsil & District Hamirpur, Himachal Pradesh - 177001B-06.00489July 02, 2018

डिसें 13, 2023
91 days, 182 days and 364 days T-Bill Auction Result: Cut off

I. T-Bill 91 days 182 days 364 daysII. Total Face Value Notified ₹7,000 Crore ₹8,000 Crore ₹9,000 CroreIII. Cut-off Price and Implicit Yield at Cut-Off Price 98.3010(YTM: 6.9325%) 96.5633

डिसें 13, 2023
15 NBFCs surrender their Certificate of Registration to RBI

The following 15 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.

डिसें 13, 2023
Money Market Operations as on December 12, 2023

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 531,239.13 6.76 3.00-6.90

डिसें 12, 2023
State Government Securities - Full Auction Result

The result of the auction of State Government Securities held on December 12, 2023 is as under: (Amount in ₹Crore)   ANDHRA PRADESH 2031 ANDHRA PRADESH 2038 ASSAM 2033 GUJARAT 2030

डिसें 12, 2023
Result of Yield Based Auction of State Government Securities

Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 500 500 7.71  8 500 500 7.70 15 2 Assam 1000 1000 7.74 10 3 Gujarat 2000 2000 7.66 7 4 Haryana 1000 1000 7.71 10

डिसें 12, 2023
Money Market Operations as on December 11, 2023

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate    Range A. Overnight Segment (I+II+III+IV) 513,403.67 6.76 3.00-6.90 I. Call Money 12,024.13 6.77 5.00-6.88 II. Triparty Repo 343,433.70 6.76    6.74-6.88 III. Market Repo 157,845.84 6.78 3.00

डिसें 11, 2023
Auction of Government of India Dated Securities

Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹33,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (Rs. crore) GoI specific Notification Auction Date Settlement Date 1 7.37% GS 2028 Oct 23, 2028 7,000 F.No.4(3)-B(W&M)/2023 dated December 11, 2023 December 15, 2023 (Friday) December 18, 2023

डिसें 11, 2023
Regulatory Sandbox: On Tap application on theme ‘Retail Payments’ – Completion of Test Phase

Under the ‘On Tap’ application facility for the theme ‘Retail Payments’ of the Regulatory Sandbox (RS), HDFC Bank (in partnership with Crunchfish AB) was selected for the Test Phase which was communicated vide Press Release dated September 05, 2022.

डिसें 11, 2023
State Finances: A Study of Budgets of 2023-24

Today, the Reserve Bank of India (RBI) released the Report titled “State Finances: A Study of Budgets of 2023-24”, an annual publication that provides information, analysis and an assessment of the finances of State governments for 2023-24 against the backdrop of actual and revised/provisional accounts for 2021-22 and 2022-23, respectively. The theme of this year’s Report is “Revenue Dynamics and Fiscal Capacity of Indian States”.

डिसें 11, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – The Vaishali Shahari Vikas Co-operative Bank Ltd., Hajipur, Bihar – Extension of Period

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Vaishali Shahari Vikas Co-operative Bank Ltd. Hajipur, Bihar vide Directive No. DoS(Patna).Co-op.Bk./No. S50/04.01.009/2023-24 dated June 13, 2023, for a period of six months up to close of business on December 14, 2023. 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 December 14, 2023.

डिसें 11, 2023
RBI Cautions against unauthorised campaigns on Loan waiver

The Reserve Bank of India (RBI) has noticed certain misleading advertisements enticing borrowers by offering loan waivers. These entities seem to be actively promoting many such campaigns in the print media as well as social media platforms. There are reports of such entities charging a service/legal fee for issuing ‘debt waiver certificates’ without any authority. It has also come to our notice that in certain locations, campaigns are being run by a few persons, which undermine the efforts of Banks in enforcing their rights over the securities charged to the Banks. Such entities are misrepresenting that dues to financial institutions including banks need not be repaid. Such activities undermine the stability of financial institutions and, above all, the interest of the depositors. It may also be noted that associating with such entities can result in direct financial losses.

डिसें 11, 2023
Money Market Operations as on December 10, 2023

(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  -  -  B.  Term Segment         I. Notice Money**     0.00  -  -  II. Term Money@@  0.00  -  -  III. Triparty Repo   0.00  -  -  IV. Market Repo   0.00  -  -  V. Repo in Corporate Bond   0.00  -  -

डिसें 11, 2023
Money Market Operations as on December 08, 2023

(Amount in ₹ Crore, Rate in Per cent)MONEY MARKETS@ Volume (One Leg) Weighted Average Rate  Range  A.  Overnight Segment (I+II+III+IV)  521,355.24  6.75  0.01-6.85  I. Call Money 9,991.14  6.71  5.00-6.85  II. Triparty Repo 352,042.50  6.75  6.00-6.78  III. Market Repo 159,321.60  6.75  0.01-6.85

डिसें 08, 2023
Sovereign Gold Bond Scheme 2023-24

Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds (SGBs) in tranches as per the calendar specified below:S. No.Tranche Date of Subscription Date of Issuance 1. 2023-24 Series III December 18 – December 22, 2023 December 28, 2023 2.2023-24 Series IV February 12 – February 16, 2024 February 21, 2024

डिसें 08, 2023
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption due on December 11, 2023 (SGB 2017-18 Series XI)

In terms of GOI Notification F.No.4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series XI - Issue date December 11, 2017) 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 December 11, 2023.

डिसें 08, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Defence Accounts Cooperative Bank ltd, Pune - Extension of period

The Reserve Bank of India, vide directive CO.DOS.SED.No.S8241/12-22-316/2022-2023 dated March 09, 2023, had placed Defence Accounts Cooperative Bank ltd, Pune under Directions from the close of business on March 10, 2023.

2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, hereby directs that the aforesaid Directions shall continue to apply to the bank from close of business on December 10, 2023 till close of business on March 10, 2024 as per the directive DOR.MON.D-104/12.22.262/2023-24 dated December 07, 2023, subject to review.

डिसें 08, 2023
RBI imposes monetary penalty on ECL Finance Limited, Mumbai, Maharashtra

The Reserve Bank of India (RBI) has, by an order dated December 04, 2023, imposed a monetary penalty of ₹4.90 lakh (Rupees Four lakh ninety thousand only) on ECL Finance Limited (the company) for non-compliance with certain provisions of the Reserve Bank of India (Know Your Customer (KYC)) Direction, 2016. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of clause (b) of sub-section (1) of section 58G read with clause (aa) of sub-section (5) of section 58B of the Reserve Bank of India Act, 1934.

डिसें 08, 2023
RBI imposes monetary penalty on Berar Finance Limited, Nagpur, Maharashtra

The Reserve Bank of India (RBI) has, by an order dated December 07, 2023, imposed a monetary penalty of ₹10.54 lakh (Rupees Ten lakh fifty four thousand only) on Berar Finance Limited, Nagpur (the company), for non-compliance with certain provisions of the Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of clause (b) of sub-section (1) of section 58 G read with clause (aa) of sub-section (5) of section 58 B of the Reserve Bank of India Act, 1934.

डिसें 08, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Pune Sahakari Bank Ltd., Shivajinagar, Pune, Maharashtra

The Reserve Bank of India, vide directive CO.DOS.SED.No.S8240/12-22-493/2022-2023 dated March 09, 2023, had placed Pune Sahakari Bank Ltd., Shivajinagar, Pune, Maharashtra under Directions from the close of business on March 10, 2023, for a period of six months.

डिसें 08, 2023
91 days, 182 days and 364 days Treasury Bills auction

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (in ₹ Crore) Auction Date Settlement Date 1 91 Days 7,000 December 13, 2023 (Wednesday) December 14, 2023 (Thursday) 2 182 Days 8,000 3 364 Days 9,000 Total 24,000

डिसें 08, 2023
Auction of State Government Securities

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹12,100 Crore (Face Value).Sr. No.State / UTAmount to be raised(₹ Cr)Additional Borrowing (Greenshoe)Option (₹ Cr)Tenure (Year)Type of Auction

डिसें 08, 2023
Government Stock - Auction Results: Cut-off

7.32% GS 2030 7.18% GS 2037 7.25% GS 2063 New GOI SGrB 2033 I. Notified Amount ₹12,000 crore ₹10,000 crore ₹12,000 crore ₹5,000 crore II. Cut off Price / Implicit Yield at cut-off 100.20/ 7.2811% 98.37/ 7.3703% 96.80/ 7.5039% 7.24% III. Amount accepted in the auction ₹12,000 crore ₹10,000 crore ₹12,000 crore ₹5,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL NIL Ajit Prasad Director (Communications) Press Release: 2023-2024/1443

डिसें 08, 2023
Government Stock - Full Auction Results

Auction Results 7.32% GS 2030 7.18% GS 2037 7.25% GS 2063 New GOI SGrB 2033 I. Notified Amount ₹12000 Crore ₹10000 Crore ₹12000 Crore ₹5000 Crore II. Underwriting Notified Amount ₹12000 Crore ₹10000 Crore ₹12000 Crore ₹5000 Crore III. Competitive Bids Received (i) Number 122 168 252 80

डिसें 08, 2023
MPC Press Conference - Governor’s Opening Remarks

In our monetary policy statement of April 2016, we stated that we would watch macroeconomic and financial developments in the months ahead with a view to responding as space opens up. Incoming data since then show a sharper-than-anticipated upsurge in inflationary pressures emanating from a number of food items (beyond seasonal effects), as well as a reversal in commodity prices. A strong monsoon, continued astute food management, as well as steady expansion in supply

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पेज अंतिम अपडेट तारीख: जुलै 19, 2024

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