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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - -

(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 - -

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on March 26, 2024, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 1 12:00 Noon to 12:30 PM March 27, 2024 (Wednesday) 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.

 (Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@  Volume 
(One Leg) Weighted
Average Rate Range A. Overnight Segment (I+II+III+IV) 4,97,806.136.775.00-7.10 I. Call Money 11,652.756.705.00-6.85 II. Triparty Repo  3,19,092.656.766.65-6.80 III. Market  Repo  1,66,297.736.805.60-6.90 IV. Repo in Corporate Bond  763.00 

In terms of GOI notifications F.No.4(19) - W&M/2014 dated March 04, 2016 (SGB 2016, Series II - Issue date March 29, 2016)on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of the issue of the Gold Bonds.  Accordingly, the final redemption date of the above tranche shall be March 28, 2024 (March 29, 2024 being a holiday).

In terms of GOI Notification F.No.4(7) - W&M/2016 dated August 29, 2016 (SGB 2016-17 Series II-Issue date September 30, 2016) 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 March 30, 2024.

The Reserve Bank of India, vide directive CO.DOS.DSD.No.S2322/12-07-005/2022-23 dated July 07, 2022, had placed Sangli Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on July 08, 2022, for a period of six months. The validity of the directions was extended from time-to-time, the last being up to April 08, 2024.

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 10,000 March 27, 2024 (Wednesday) March 28, 2024 (Thursday) 2 182 Days 15,000 3 364 Days 9,000 Total 34,000

Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Mar. 17 Mar. 8 Mar. 15 Week Year  

The 607th meeting of the Central Board of Directors of the Reserve Bank of India was held today in Nagpur under the Chairmanship of Shri Shaktikanta Das, Governor. The Board reviewed the global and domestic economic situation and outlook, including the challenges posed by geopolitical developments and global financial market volatility. Further, the Board also discussed the Reserve Bank’s activities including the progress made in digital payments, consumer education and awareness during the current accounting year 2023-24. The Board also approved the Bank’s budget for the accounting year 2024-25.