Press Releases

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Dec. 22 Dec. 13 Dec. 20 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government - 0 0 0 0 4.2 State Governments 2294 28744 19820 -8924 17526 * Data are provisional; difference, if any, is due to rounding off.

(For the Quarter ending March 2025) The Reserve Bank of India, in consultation with the Government of India, hereby, notifies the calendar for issuance of Treasury Bills for the quarter ending March 2025 as under:

Today, the Reserve Bank of India released the balance of payments (BoP) data for the second quarter (Q2), i.e., July-September of 2024-25 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-September 2024 are detailed below in Table 1

Preliminary data on India’s balance of payments (BoP) for the second quarter (Q2), i.e., July-September 2024-25, are presented in Statements I and II. Key Features of India’s BoP in Q2:2024-25 • India’s current account deficit (CAD) moderated marginally to US$ 11.2 billion (1.2 per cent of GDP) in Q2:2024-25 from US$ 11.3 billion (1.3 per cent of GDP) in Q2:2023-24.

Auction Results New GS 2031 6.92% GS 2039 7.09% GS 2054 I. Notified Amount ₹10,000 crore ₹12,000 crore ₹10,000 crore II. Underwriting Notified Amount ₹10,000 crore ₹12,000 crore ₹10,000 crore III. Competitive Bids Received

New GS 2031 6.92% GS 2039 7.09% GS 2054 I. Notified Amount ₹10,000 crore ₹12,000 crore ₹10,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 6.79% 100.09/6.9091% 100.31/7.0641% III. Amount accepted in the auction ₹10,000 crore ₹12,000 crore ₹10,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL

Tenor 4-day Notified Amount (in ₹ crore) 1,25,000 Total amount of bids received (in ₹ crore) 85,247 Amount allotted (in ₹ crore) 85,247 Cut off Rate (%) 6.51 Weighted Average Rate (%) 6.53 Partial Allotment Percentage of bids received at cut off rate (%) NA

On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Repo (VRR) auction on December 27, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,25,000 4 12:00 Noon to 12:30 PM December 31, 2024 (Tuesday)

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 15-Dec-2023 29-Nov-2024* 13-Dec-2024* 15-Dec-2023 29-Nov-2024* 13-Dec-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 276840.69 273721.88 310793.89 280287.73 278500.30 315564.52** b) Borrowings from banks 192669.26 137597.04 131991.65 192698.15 137620.00 132026.65 c) Other demand & time liabilities 70471.58 24717.72 24455.24 71176.89 25053.36 24757.03

Tenor 14-day Notified Amount (in ₹ crore) 1,50,000 Total amount of bids received (in ₹ crore) 1,28,323 Amount allotted (in ₹ crore) 1,28,323 Cut off Rate (%) 6.51 Weighted Average Rate (%) 6.53 Partial Allotment Percentage of bids received at cut off rate (%) NA

In the underwriting auction conducted on December 27, 2024, 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: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitive Underwriting Amount Accepted (₹ crore) Total Amount underwritten (₹ crore) ACU Commission Cut-off rate (paise per ₹100) New GS 2031 10,000 5,019 4,981 10,000 0.15 6.92% GS 2039 12,000 6,006 5,994 12,000 0.22 7.09% GS 2054 10,000 5,019 4,981 10,000 0.25

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,81,171.33 6.47 5.00-6.88 I. Call Money 10,906.12 6.67 5.10-6.85 II. Triparty Repo 4,38,649.20 6.44 6.22-6.62 III. Market Repo 1,29,032.31 6.55 5.00-6.88 IV. Repo in Corporate Bond 2,583.70 6.76 6.75-6.85

The Reserve Bank of India (RBI) has, by an order dated December 18, 2024, imposed a monetary penalty of ₹3.00 lakh (Rupees Three Lakh only) on The Bharat Co-operative Bank Ltd., Bengaluru (the bank) for non-compliance with specific directions issued by RBI under ‘Supervisory Action Framework (SAF)’. 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.

The Reserve Bank of India (RBI) has, by an order dated December 18, 2024, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on Swami Vivekanand Sahakari Bank Niyamit, Nidagundi, Karnataka (the bank) for non-compliance with certain directions issued by RBI on ‘Exposure Norms and Statutory / Other Restrictions – UCBs’ and ‘Know Your Customer (KYC)’. 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.

The Reserve Bank of India (RBI) has, by an order dated December 18, 2024, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on Sri Basaveshwara Pattana Sahakara Bank Niyamit, Sindgi, Karnataka (the bank) for non-compliance with specific directions issued by RBI under ‘Supervisory Action Framework (SAF)’. 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.

The Reserve Bank of India (RBI) has, by an order dated December 18, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Manjra Mahila Urban Co-operative Bank Limited, Bidar, Karnataka (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’. 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.

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on December 27, 2024, Friday, as under:

The Reserve Bank has today released data on Reserve Money for the week ended December 20, 2024 and Money Supply for the fortnight ended

Today, the Reserve Bank released its web publication entitled ‘Statistical Tables relating to Banks in India: 2023-24’ covering the activities of the Indian banking sector. The publication presents entity-wise information on major items of liabilities and assets along with their maturity profile; income and expenses; select financial ratios, number of employees and details of priority sector advances for scheduled commercial banks (excluding regional rural banks). In addition, capital to risk weighted asset ratios (CRARs), non-performing assets (NPAs), exposure to sensitive sectors, contingent liabilities and unclaimed deposits are included. State wise distribution of consolidated balance sheet of rural co-operative banks are also presented.

Today, in compliance with Section 36 (2) of the Banking Regulation Act, 1949, the Reserve Bank of India released the Report on Trend and Progress of Banking in India 2023-24. This Report presents the performance of the banking sector, including commercial banks, co-operative banks and non-banking financial institutions, during 2023-24 and 2024-25 so far.