Scheduled Banks’ Statement of Position in India as on Friday, February 23, 2024

The Reserve Bank has today released data on Reserve Money for the week ended March 01, 2024 and Money Supply for the fortnight ended February 23, 2024.

Today the Reserve Bank of India placed on its website a Working Paper titled, “Drivers of Commercial Paper Rate Spread – An Empirical Assessment” under the Reserve Bank of India Working Paper Series[1]. The paper is co-authored by Priyanka Priyadarshini, Anshul, Srijashree Sardar, Dipak R. Chaudhari and Sangeeta Das.

The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of January 2024.

Today the Reserve Bank of India placed on its website a Working Paper titled “Pricing of Interdealer OTC Derivatives in a Limit Order Market” under the Reserve Bank of India Working Paper Series[1]. The Paper is co-authored by Vidya Kamate and Abhishek Kumar.

Today, the Reserve Bank of India releases Volume 44, No.1, 2023 of its Occasional Papers, a research journal containing contributions from its staff. This issue contains three articles and four book reviews.

The value of exports and imports of services during January 2024 is given in the following table.

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Feb. 24 Feb. 16 Feb. 23 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 9515 13292 14809 1517 5294 * Data are provisional; difference, if any, is due to rounding off.

Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of February 2024 are set out in Tables 1 to 7.

Today, the Reserve Bank released the web publication ‘Deposits with Scheduled Commercial Banks – December 2023’ on its ‘Database on Indian Economy’ portal[1] (https://dbie.rbi.org.in Homepage > Publications).