Press Releases

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 639,904.11 6.69 5.10-8.85 I. Call Money 7,965.11 6.69 5.10-6.85 II. Triparty Repo 488,228.95 6.70 6.40-6.80 III. Market Repo 142,353.35 6.67 6.10-6.85 IV. Repo in Corporate Bond 1,356.70 6.92 6.85-8.85

The Reserve Bank of India had issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Saibaba Janata Sahakari Bank Limited, Latur vide Directive CO.DOS.

In terms of GOI Notification F.No.4(25)–W&M /2017 dated October 06, 2017 (SGB 2017-18 Series IX - Issue date November 27, 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 November 27, 2024.

Today, the Reserve Bank released the web publication ‘Deposits with Scheduled Commercial Banks – September 2024 ’ on its ‘Database on Indian Economy’ portal (https://data.rbi.org.in Homepage > Publications). Scheduled commercial banks (SCBs) {excluding regional rural banks (RRBs)} report branch-wise data on type of deposits (current, savings and term), its institutional sector wise ownership, age wise distribution of deposits pertaining to individuals, maturity pattern, size and interest rate range wise distribution of term deposits as well as number of employees in the quarterly ‘Basic Statistical Return’ (BSR) - 2 return. These data are released at disaggregated level (viz., population groups , bank groups, states, districts and centres).

Today, the Reserve Bank released its web publication entitled ‘Quarterly Basic Statistical Returns (BSR)-1: Outstanding Credit of Scheduled Commercial Banks (SCBs) - September 2024 ’ on its ‘Database on Indian Economy’ portal (https://data.rbi.org.in Homepage > Publications). It captures various characteristics of bank credit such as occupation/activity and organisational sector of the borrower, type of account and interest rates based on account-level reporting . Data reported by SCBs {excluding Regional Rural Banks (RRBs)} are presented for bank groups, population groups and states.

The result of the auction of State Government Securities held on November 26, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2034 ANDHRA PRADESH 2040 ARUNACHAL PRADESH 2044 BIHAR 2034 Notified Amount 1000 1000 400 2000 Tenure 10 16 20 10 Competitive Bids Received (i) No. 28 37 17 26 (ii) Amount 3525 3085 1625 3020 Cut off Price (₹) / Yield (%) 7.14 7.18 7.16 7.18 Competitive Bids Accepted

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 Ulhas Securities Private Limited Q-202, Coral, Parshwanath Atlantis Park, Near Balaji Agora Mall, S.P. Ring Road, Gandhinagar, Gujarat - 382424 N.01.00462 December 08, 2003 September 24, 2024 2 Sikar Investment Co Ltd Shri Ramji Sadan, 30-B, New Civil Lines, Bharatpur City, Bharatpur, Rajasthan -321001 10.00029 March 06, 1998 October 07, 2024 As such, the above companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934. 

The following Six 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.

Sr. No. State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price(₹)/Yield (%) Tenure (Year) 1. Andhra Pradesh 1000 1000 7.14 10 1000 1000 7.18 16 2. Arunachal Pradesh 400 400 7.16 20 3. Bihar 2000 2000 7.18 10

Tenor 3-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 48,957 Amount allotted (in ₹ crore) 25,006 Cut off Rate (%) 6.60 Weighted Average Rate (%) 6.62 Partial Allotment Percentage of bids received at cut off rate (%) 18.96