Press Releases - ଆରବିଆଇ - Reserve Bank of India
Press Releases
The Reserve Bank had issued the 'Framework for Self-Regulatory Organisation(s) in the FinTech Sector' (Framework) and invited applications for recognition as Self-Regulatory Organisation in the FinTech Sector (SRO-FT). 2. Three applications for recognition as SRO-FT have been received. Each application was examined against the relevant requirements under the framework. 3. It has been decided to recognise the Fintech Association for Consumer Empowerment (FACE) as an SRO-FT. Of the remaining two applications, one application has been returned with a provision for resubmission after meeting certain requirements. The third application is under examination.
The Reserve Bank had issued the 'Framework for Self-Regulatory Organisation(s) in the FinTech Sector' (Framework) and invited applications for recognition as Self-Regulatory Organisation in the FinTech Sector (SRO-FT). 2. Three applications for recognition as SRO-FT have been received. Each application was examined against the relevant requirements under the framework. 3. It has been decided to recognise the Fintech Association for Consumer Empowerment (FACE) as an SRO-FT. Of the remaining two applications, one application has been returned with a provision for resubmission after meeting certain requirements. The third application is under examination.
The Reserve Bank has today released data on Reserve Money for the week ended August 23, 2024.
The Reserve Bank has today released data on Reserve Money for the week ended August 23, 2024.
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹8000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 75 85 104 (ii) Amount ₹20488.310 Crore ₹19913.500 Crore ₹27849.500 Crore III. Cut-off price / Yield 98.3729 96.7574 93.7215 (YTM:6.6342%) (YTM:6.7210%) (YTM:6.7175%) IV. Competitive Bids Accepted (i) Number 34 33 18 (ii) Amount ₹7956.375 Crore ₹5977.716 Crore ₹5984.626 Crore V. Partial Allotment Percentage of Competitive Bids 15.23% 51.96% 95.35% (1 Bid) (2 Bids) (5 Bids) VI. Weighted Average Price/Yield 98.3757 96.7606 93.7267 (WAY: 6.6226%) (WAY: 6.7141%) (WAY: 6.7116%) VII. Non-Competitive Bids Received (i) Number 7 5 3 (ii) Amount ₹7043.625 Crore ₹167.614 Crore ₹1126.964 Crore VIII. Non-Competitive Bids Accepted (i) Number 7 5 3 (ii) Amount ₹7043.625 Crore ₹167.614 Crore ₹1126.964 Crore (iii) Partial Allotment Percentage - - - Ajit Prasad Deputy General Manager (Communications)
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹8000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 75 85 104 (ii) Amount ₹20488.310 Crore ₹19913.500 Crore ₹27849.500 Crore III. Cut-off price / Yield 98.3729 96.7574 93.7215 (YTM:6.6342%) (YTM:6.7210%) (YTM:6.7175%) IV. Competitive Bids Accepted (i) Number 34 33 18 (ii) Amount ₹7956.375 Crore ₹5977.716 Crore ₹5984.626 Crore V. Partial Allotment Percentage of Competitive Bids 15.23% 51.96% 95.35% (1 Bid) (2 Bids) (5 Bids) VI. Weighted Average Price/Yield 98.3757 96.7606 93.7267 (WAY: 6.6226%) (WAY: 6.7141%) (WAY: 6.7116%) VII. Non-Competitive Bids Received (i) Number 7 5 3 (ii) Amount ₹7043.625 Crore ₹167.614 Crore ₹1126.964 Crore VIII. Non-Competitive Bids Accepted (i) Number 7 5 3 (ii) Amount ₹7043.625 Crore ₹167.614 Crore ₹1126.964 Crore (iii) Partial Allotment Percentage - - - Ajit Prasad Deputy General Manager (Communications)
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 98.3729 (YTM:6.6342%) 96.7574 (YTM: 6.7210%) 93.7215 (YTM: 6.7175%) IV. Total Face Value Accepted ₹8,000 Crore ₹6,000 Crore ₹6,000 Crore
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 98.3729 (YTM:6.6342%) 96.7574 (YTM: 6.7210%) 93.7215 (YTM: 6.7175%) IV. Total Face Value Accepted ₹8,000 Crore ₹6,000 Crore ₹6,000 Crore
Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 9,875 Amount accepted (in ₹ crore) 9,875 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 9,875 Amount accepted (in ₹ crore) 9,875 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
The Reserve Bank of India had issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Ajantha Urban Co-operative Bank Maryadit, Aurangabad, Maharashtra vide Directive No. NGP.DoS.SSM 3.No.S675/15.03.302/2023-2024 dated August 28, 2023, for a period of six months up to the close of business on February 29, 2024, as modified from time to time, which were last extended up to the close of business on August 29, 2024 vide Directive DOR.MON.D-18/12-22-740/2024-25 dated May 22, 2024.
The Reserve Bank of India had issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Ajantha Urban Co-operative Bank Maryadit, Aurangabad, Maharashtra vide Directive No. NGP.DoS.SSM 3.No.S675/15.03.302/2023-2024 dated August 28, 2023, for a period of six months up to the close of business on February 29, 2024, as modified from time to time, which were last extended up to the close of business on August 29, 2024 vide Directive DOR.MON.D-18/12-22-740/2024-25 dated May 22, 2024.
MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 546,680.37 6.40 1.00-6.70 I. Call Money 9,327.56 6.51 5.10-6.60 II. Triparty Repo 398,924.85 6.40 6.25-6.49 III. Market Repo 137,374.96 6.39 1.00-6.65 IV. Repo in Corporate Bond 1,053.00 6.56 6.55-6.70 B. Term Segment I. Notice Money** 214.97 6.40 5.95-6.55 II. Term Money@@ 462.00 - 6.70-7.30 III. Triparty Repo 2,735.00 6.52 6.40-6.55 IV. Market Repo 244.94 6.63 6.60-6.75 V. Repo in Corporate Bond 225.00 7.25 7.25-7.25
MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 546,680.37 6.40 1.00-6.70 I. Call Money 9,327.56 6.51 5.10-6.60 II. Triparty Repo 398,924.85 6.40 6.25-6.49 III. Market Repo 137,374.96 6.39 1.00-6.65 IV. Repo in Corporate Bond 1,053.00 6.56 6.55-6.70 B. Term Segment I. Notice Money** 214.97 6.40 5.95-6.55 II. Term Money@@ 462.00 - 6.70-7.30 III. Triparty Repo 2,735.00 6.52 6.40-6.55 IV. Market Repo 244.94 6.63 6.60-6.75 V. Repo in Corporate Bond 225.00 7.25 7.25-7.25
The Reserve Bank of India (RBI) has, by an order dated August 22, 2024, imposed a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only) on The Manipur State Co-operative Bank Ltd., Manipur (the bank) for contravention of provisions of Section 9 of Banking Regulation Act,1949 (BR Act) and non-compliance with the of provisions of Credit Information Companies (Regulation) Act, 2005.This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of Section 47A (1) (c) read with Sections 46 (4) (i) and 56 of the BR Act, 1949 and Section 25 of the Credit Information Companies (Regulation) Act, 2005.
The Reserve Bank of India (RBI) has, by an order dated August 22, 2024, imposed a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only) on The Manipur State Co-operative Bank Ltd., Manipur (the bank) for contravention of provisions of Section 9 of Banking Regulation Act,1949 (BR Act) and non-compliance with the of provisions of Credit Information Companies (Regulation) Act, 2005.This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of Section 47A (1) (c) read with Sections 46 (4) (i) and 56 of the BR Act, 1949 and Section 25 of the Credit Information Companies (Regulation) Act, 2005.
The Reserve Bank of India (RBI) has, by an order dated August 22, 2024, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The Urban Co-operative Bank Ltd., Cuttack (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC) norms’ and ‘Exposure norms and Statutory / Other Restrictions – UCBs’. This penalty has been imposed in exercise of powers vested in RBI, conferred 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 August 22, 2024, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The Urban Co-operative Bank Ltd., Cuttack (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC) norms’ and ‘Exposure norms and Statutory / Other Restrictions – UCBs’. This penalty has been imposed in exercise of powers vested in RBI, conferred 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 the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on August 28, 2024, Wednesday, as under:
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on August 28, 2024, Wednesday, as under:
The result of the auction of State Government Securities held on August 27, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2036 ANDHRA PRADESH 2041 ANDHRA PRADESH 2046 ASSAM 2039 Notified Amount 1000 1000 1000 1000 Tenure 12 17 22 15 Competitive Bids Received (i) No. 78 42 24 51 (ii) Amount 4375 2680 3390 3335 Cut off Yield (%) 7.24 7.27 7.23 7.26
The result of the auction of State Government Securities held on August 27, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2036 ANDHRA PRADESH 2041 ANDHRA PRADESH 2046 ASSAM 2039 Notified Amount 1000 1000 1000 1000 Tenure 12 17 22 15 Competitive Bids Received (i) No. 78 42 24 51 (ii) Amount 4375 2680 3390 3335 Cut off Yield (%) 7.24 7.27 7.23 7.26
Sr. No. State / UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1. Andhra Pradesh 1000 1000 7.24 12 1000 1000 7.27 17 1000 1000 7.23 22
Sr. No. State / UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1. Andhra Pradesh 1000 1000 7.24 12 1000 1000 7.27 17 1000 1000 7.23 22
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,52,039.42 6.34 0.01-7.50 I. Call Money 7,491.54 6.52 5.75-6.60 II. Triparty Repo 4,00,961.60 6.32 6.26-6.60 III. Market Repo 1,42,408.28 6.37 0.01-6.60 IV. Repo in Corporate Bond 1,178.00 6.60 6.55-7.50
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,52,039.42 6.34 0.01-7.50 I. Call Money 7,491.54 6.52 5.75-6.60 II. Triparty Repo 4,00,961.60 6.32 6.26-6.60 III. Market Repo 1,42,408.28 6.37 0.01-6.60 IV. Repo in Corporate Bond 1,178.00 6.60 6.55-7.50
The Reserve Bank of India (RBI) has, by an order dated August 14, 2024, imposed a monetary penalty of ₹1.25 lakh (Rupees One lakh twenty five thousand only) on The Valsad Mahila Nagarik Sahakari Bank Ltd., Valsad, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters- UCBs’, ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’, ‘Know Your Customer (KYC) norms’ and ‘Maintenance of Deposit Accounts –Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers conferred on RBI under section 47A (1) (c) read with sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949 and section 25 of the Credit Information Companies (Regulation) Act, 2005.
The Reserve Bank of India (RBI) has, by an order dated August 14, 2024, imposed a monetary penalty of ₹1.25 lakh (Rupees One lakh twenty five thousand only) on The Valsad Mahila Nagarik Sahakari Bank Ltd., Valsad, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters- UCBs’, ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’, ‘Know Your Customer (KYC) norms’ and ‘Maintenance of Deposit Accounts –Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers conferred on RBI under section 47A (1) (c) read with sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949 and section 25 of the Credit Information Companies (Regulation) Act, 2005.
Tenor 4-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 29,080 Amount accepted (in ₹ crore) 29,080 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2024-2025/975
Tenor 4-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 29,080 Amount accepted (in ₹ crore) 29,080 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2024-2025/975
(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 - -
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 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.00 - -
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 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.00 - -
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on August 26, 2024, Monday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 4 11:30 AM to 12:00 Noon August 30, 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: 2024-2025/972
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on August 26, 2024, Monday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 4 11:30 AM to 12:00 Noon August 30, 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: 2024-2025/972
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 543,753.55 6.35 2.00-6.75 I. Call Money 7,616.48 6.53 5.50-6.60 II. Triparty Repo 388,232.70 6.32 6.20-6.42 III. Market Repo 146,866.37 6.41 2.00-6.55 IV. Repo in Corporate Bond 1,038.00 6.63 6.60-6.75
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 543,753.55 6.35 2.00-6.75 I. Call Money 7,616.48 6.53 5.50-6.60 II. Triparty Repo 388,232.70 6.32 6.20-6.42 III. Market Repo 146,866.37 6.41 2.00-6.55 IV. Repo in Corporate Bond 1,038.00 6.63 6.60-6.75
Government of India (GOI) has announced the sale (re-issue) of two 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 7.10% GS 2034 Apr 08, 2034 20,000 F.No.4(3)-B(W&M)/2024 dated August 23, 2024 August 30, 2024 (Friday) September 02, 2024 (Monday) 2 7.09% GS 2054 Aug 05, 2054 10,000 Total 30,000
Government of India (GOI) has announced the sale (re-issue) of two 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 7.10% GS 2034 Apr 08, 2034 20,000 F.No.4(3)-B(W&M)/2024 dated August 23, 2024 August 30, 2024 (Friday) September 02, 2024 (Monday) 2 7.09% GS 2054 Aug 05, 2054 10,000 Total 30,000
ପେଜ୍ ଅନ୍ତିମ ଅପଡେଟ୍ ହୋଇଛି: ନଭେମ୍ବର 22, 2024