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) 597,526.38 6.30 5.00-6.80 I. Call Money 11,409.18 6.42 5.10-6.60 II. Triparty Repo 432,238.60 6.30 6.24-6.62 III. Market Repo 152,284.90 6.31 5.00-6.80 IV. Repo in Corporate Bond 1,593.70 6.45 6.40-6.55

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan vide Directive DCBS.CO.BSD-I/D-2/12.27.215/2018-19 dated October 26, 2018, for a period of six months up to May 09, 2019 as modified from time to time, which were last extended up to December 09, 2024 vide Directive DOR.MON/D-47/12.27.215/2024-25  dated August 29, 2024. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond December 09, 2024.

The Reserve Bank has today released data on Reserve Money for the week ended November 29, 2024.

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹7000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 102 62 88 (ii) Amount ₹ 23634.100 Crore ₹ 22334.650 Crore ₹ 19692.150 Crore III. Cut-off price / Yield 98.4225 96.8426 93.8865 (YTM:6.4287%) (YTM:6.5386%) (YTM:6.5295%) IV. Competitive Bids Accepted (i) Number 24 7 20

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.4225 (YTM:6.4287%) 96.8426 (YTM: 6.5386%) 93.8865 (YTM: 6.5295%)

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,80,560.90 6.27 5.00-6.50 I. Call Money 10,701.69 6.44 5.10-6.50 II. Triparty Repo 4,18,420.40 6.26 6.16-6.31 III. Market Repo 1,49,955.11 6.30 5.00-6.50 IV. Repo in Corporate Bond 1,483.70 6.41 6.40-6.45

In terms of GOI Notification F.No.4(25)–W&M /2017 dated October 06, 2017 (SGB 2017-18 Series X - Issue date December 04, 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 December 04, 2024.

The result of the auction of State Government Securities held on December 03, 2024 is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2034 ANDHRA PRADESH 2038 ANDHRA PRADESH 2039 ASSAM 2034 Notified Amount 1237 1500 1500 900 Tenure 10 14 15 10 Competitive Bids Received (i) No. 57 49 47 37 (ii) Amount 3887 5015 5076.700 2455 Cut off Price (₹) / Yield (%) 7.10 7.11 7.11 7.12

Sr. No. State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenure (Year) 1. Andhra Pradesh 1237 1237 7.10 10 1500 1500 7.11 14 1500 1500 7.11 15 2. Assam 900 900 7.12 10 3. Bihar 2000 2000 7.13 10 4. Gujarat 2000 2000 7.04 08 5. Himachal Pradesh 500 500 7.11 10 6. Jammu and Kashmir 400 400 7.10 20

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 597,093.53 6.37 0.01-6.80 I. Call Money 10,563.40 6.52 5.10-6.65 II. Triparty Repo 431,701.40 6.36 6.21-6.51 III. Market Repo 153,530.03 6.41 0.01-6.80 IV. Repo in Corporate Bond 1,298.70 6.60 6.55-6.70

Government of India (GOI) has announced the sale (issue / re-issue) of three dated securities for a notified amount of ₹30,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 New GS 2027 Dec 09, 2027 7,000 F.No.4(3)-B(W&M)/2024 dated December 02, 2024 December 06, 2024 (Friday) December 09, 2024 (Monday)

The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The status of withdrawal of ₹2000 banknotes is periodically published by the RBI. The last press release in this regard was published on November 04, 2024.

On October 17, 2024, the Reserve Bank of India had, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934, issued Directions to Navi Finserv Limited, Bengaluru (and three other NBFCs), to cease and desist from sanction and disbursal of loans, effective from close of business of October 21, 2024.

In exercise of the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank has cancelled the CoR issued to the following Non-Banking Financial Company (NBFC): Name of the NBFC Registered Office Address CoR No. CoR issued on Name of the services provider/mobile app Zavron Finance Private Limited PL. No.125, Sitabuldi, Maharajbaugh Road, Nagpur, Maharashtra – 440012 N-13.02268 August 03,2018 Ajaya Solutions Pvt. Ltd. (RupeeMax), Binenace Information Technology Pvt. Ltd., Microcard India Technology Consulting Service Private Limited, Truthigh Fintech Pvt. Ltd., Jcflash Technologies Pvt. Ltd. (FlashCash), Gradlane Systems Pvt. Ltd., Cash Bull Financial Technology Private Limited (Cash Bull), Onion Credit Private Limited (Cash Mama), TYTO Network Technologies Private Limited (Tytocash), Crazyrupee and Zincash. 

The Reserve Bank of India (RBI) has imposed, by an order dated November 29, 2024, a monetary penalty of ₹5.00 lakh (Rupees Five Lakh only) on The Panchkula Central Co-operative Bank Ltd., Haryana (the bank) for contravention of provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act). 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 BR Act.

The Reserve Bank of India hosted the Nineteenth C.D. Deshmukh Memorial Lecture on November 28, 2024 in Mumbai. The lecture was delivered by Dr. P. K. Mishra, Principal Secretary to the Prime Minister of India. The text of his lecture “Transforming Small-holder Agriculture in India in the 21st Century: Challenges and Strategies” is placed at www.rbi.org.in.

The Reserve Bank of India (RBI) has imposed, by an order dated November 29, 2024, a monetary penalty of ₹5.00 lakh (Rupees Five Lakh only) on The Patiala Central Co-operative Bank Ltd., Patiala, Punjab (the bank) for contravention of provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act). 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 BR Act.

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) 28,925.27 6.46 5.50-6.85 I. Call Money 1,234.05 6.23 5.50-6.85 II. Triparty Repo 27,235.30 6.48 5.50-6.75 III. Market Repo 455.92 5.97 5.50-6.10 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) 15,809.85 6.63 5.50-6.80 I. Call Money 1,229.35 6.26 5.50-6.80 II. Triparty Repo 13,258.80 6.65 6.15-6.80 III. Market Repo 3.00 6.60 6.60-6.60 IV. Repo in Corporate Bond 1,318.70 6.76 6.75-6.80 B. Term Segment I. Notice Money** 10,163.89 6.75 5.50-6.90 II. Term Money@@ 590.00 - 6.70-7.05 III. Triparty Repo 455,998.70 6.65 6.55-6.85 IV. Market Repo 152,913.61 6.62 6.20-6.85 V. Repo in Corporate Bond 0.00 - -