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) 503,745.90 6.38 5.00-6.75 I. Call Money 10,572.21 6.43 5.00-6.65 II. Triparty Repo  331,263.55 6.37 6.25-6.70 III. Market Repo 161,155.14 6.40 5.90-6.70

In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement on February 08, 2023, the Reserve Bank of India has today placed on its website the Draft guidelines on Disclosure framework on Climate-related Financial Risks, 2024[SFG1] .

The Reserve Bank of India (RBI), vide order dated February 27, 2024, has cancelled the licence of “Sumerpur Mercantile Urban Cooperative Bank Limited, Sumerpur, Pali, Rajasthan.” Consequently, the bank ceases to carry on banking business, with effect from the close of business on February 28, 2024. The Registrar of Cooperative Societies, Rajasthan has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.

The Reserve Bank has today released data on Reserve Money for the week ended February 23, 2024.

Today, the Reserve Bank released data on the performance of the private corporate sector during the third quarter of 2023-24 drawn from abridged quarterly financial results of 2,842 listed non-government non-financial companies. These include data for Q3:2022-23 and Q2:2023-24 to enable comparison (web-link https://dbie.rbi.org.in/DBIE/dbie.rbi?site=statistics#!2_42).

Reserve Bank of India today placed on its website the updated ‘Enabling Framework for Regulatory Sandbox’. The framework has been revised based on the experience gained over the last four and half years in running four cohorts and feedback received from FinTechs, banking partners and other stakeholders. Among others, the timelines of the various stages of the Regulatory Sandbox process have been revised from seven months to nine months. The updated framework also requires sandbox entities to ensure compliance with provisions of the Digital Personal Data Protection Act, 2023.

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹10000 Crore ₹15000 Crore ₹9000 Crore II. Competitive Bids Received (i) Number 128 214 160 (ii) Amount ₹ 44351.300 Crore ₹ 46324.600 Crore ₹ 37576.450 Crore III. Cut-off price / Yield 98.2945 96.5495 93.3703 (YTM:6.9594%) (YTM:7.1673%) (YTM:7.1199%)

Tenor 1-day Notified Amount (in ₹ crore) 25,000 Total amount of offers received (in ₹ crore) 1,337 Amount accepted (in ₹ crore) 1,337 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA  Ajit Prasad Director (Communications) Press Release: 2023-2024/1954

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹10,000 Crore ₹15,000 Crore ₹9,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.2945 (YTM: 6.9594%) 96.5495 (YTM: 7.1673%) 93.3703 (YTM: 7.1199%) IV. Total Face Value Accepted ₹10,000 Crore ₹15,000 Crore ₹9,000 Crore Ajit Prasad Director (Communications) Press Release: 2023-2024/1953

On a review of the current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on February 28, 2024, Wednesday, as under: