View List - ଆରବିଆଇ - Reserve Bank of India
The framework for licensing of Authorised Persons (APs) under FEMA, 1999 was last reviewed in March 2006. Keeping in view the progressive liberalisation under FEMA, increasing integration of the Indian economy with the global economy, digitisation of payment systems, evolving institutional structure, etc. over the last two decades, it has been decided to rationalise and simplify the licensing framework for APs. The review aims to meet the emerging requirements of the rapidly growing Indian economy, achieve operational efficiency in the delivery of foreign exchange facilities to common persons, tourists, and businesses, while maintaining appropriate checks and balances
Earlier today, the Reserve Bank of India released balance of payments (BoP) data for July-September 2023 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-September 2023 are detailed below.
The result of the auction of State Government Securities held on December 26, 2023 is as under:
Preliminary data on India’s balance of payments (BoP) for the second quarter (Q2), i.e., July-September 2023-24, are presented in Statements I (BPM6 format) and II (old format).
Sr. No State / UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Goa 100 100 7.67 10 2 Gujarat 1000 1000 7.40 3 1000 1000 7.58 9 3 Haryana 1000 1000 7.67 12 4 Jammu and Kashmir 600 600 7.72 20 5 Karnataka 3000 3000 7.68 14 6 Kerala 1100 1100 7.62 21
(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 - - 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 - -
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 497,439.20 6.78 0.01-7.95 I. Call Money 10,601.70 6.79 5.50-6.90 II. Triparty Repo 353,597.85 6.77 6.65-6.83 III. Market Repo 132,982.65 6.79 0.01-7.00 IV. Repo in Corporate Bond 257.00 7.16 7.05-7.95
Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹33,000 crore as per the following details:
In terms of GOI Notification F.No.4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series XIII - Issue date December 26, 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 26, 2023.
The Reserve Bank of India (RBI) has, by an order dated November 28, 2023, imposed a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on The Thane District Central Co-operative Bank Limited, Thane (the bank) for violation of Section 20 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 Section 47A(1)(c) read with Section 46(4)(i) and Section 56 of the BR Act.
ପେଜ୍ ଅନ୍ତିମ ଅପଡେଟ୍ ହୋଇଛି: ଅଗଷ୍ଟ 23, 2024