Press Releases

Data on sectoral deployment of bank credit for the month of June 20241 collected from 41 select scheduled commercial banks, accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 registered a growth of 13.9 per cent in June 20243 as compared with 16.3 per cent a year ago due to unfavourable base effect. 

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹8000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received   (i)  Number 88 93 120 (ii) Amount ₹19775.550 Crore ₹17547 Crore ₹25880.030 Crore III. Cut-off price / Yield 98.3634 96.7259 93.6506 (YTM:6.6736%) (YTM:6.7885%) (YTM:6.7985%) IV. Competitive Bids Accepted   (i)  Number 40 47 45 (ii) Amount ₹7952.014 Crore ₹5964.270 Crore ₹5983.723 Crore V. Partial Allotment Percentage of Competitive Bids 55.29% 6.91% 24.68% (1 Bid) (1 Bid) (1 Bid)

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹8,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3634 (YTM:6.6736%) 96.7259 (YTM: 6.7885%) 93.6506 (YTM: 6.7985%)

Tenor 2-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 7,000 Amount accepted (in ₹ crore) 7,000 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 31, 2024, Wednesday, as under:  Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 2 12:00 Noon to 12:30 PM August 02, 2024 (Friday)  2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same. (Puneet Pancholy) Chief General Manager Press Release: 2024-2025/799

rnight Segment (I+II+III+IV) 542,589.82 6.38 5.00-6.70 I. Call Money 11,239.34 6.47 5.10-6.55 II. Triparty Repo 371,397.75 6.37 6.27-6.53 III. Market Repo 159,279.73 6.42 5.00-6.62 IV. Repo in Corporate Bond 673.00 6.60 6.60-6.70 B. Term Segment  I. Notice Money** 256.15 6.37 5.95-6.50 II. Term Money@@ 642.50 - 6.75-7.00

The result of the auction of State Government Securities held on July 30, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2039 ANDHRA PRADESH 2044 ANDHRA PRADESH 2049 HARYANA 2036 Notified Amount 1000 1000 1000 1500 Tenure

Sr. No. State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.33 15 1000 1000 7.34 20 1000 1000 7.34 25 2 Haryana 1500 1500 7.34 12 3 Jammu and Kashmir 500 500 7.35 22 4 Kerala 2000 2000 7.30 28 5 Maharashtra 1500 1500 7.27 10 1500 1500 7.30 14 1500 1500 7.30 15 1500 1500 7.33 20

Tenor 3-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 23,855 Amount accepted (in ₹ crore) 23,855 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 30, 2024, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 3 11:00 AM to 11:30 AM August 02, 2024 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.