Press Releases

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 Certificate of Registration (CoR) issued to the following Non-Banking Financial Company (NBFC):

Sr. No    State    Amount to be raised (₹ Crore)    Amount Accepted (₹ Crore)    Cut off Price (₹)/ Yield (%)    Tenure (Year) 1.    Bihar    1000    1000    7.15    12 1000    1000    7.14    20 2.    Gujarat    1000    1000    7.12    10 3.    Haryana    1000    1000    7.14    13 4.    Karnataka    2000    2000    7.15    13 2000    2000    100.10/7.1391    Re-issue of 7.15% Karnataka SGS 2042, issued on January 01, 2025 5.    Kerala    1500    1500    7.14    20 6.    Maharashtra    2500    2500    99.50/7.1693    Re-issue of 7.11% Maharashtra SGS 2038, issued on January 08, 2025 2500    2500    100.01/7.1386    Re-issue of 7.14% Maharashtra SGS 2043, issued on January 08, 2025 

Tenor 1-day Notified Amount (in ₹ crore) 1,50,000 Total amount of bids received (in ₹ crore) 71,900 Amount allotted (in ₹ crore) 71,900 Cut off Rate (%) 6.51 Weighted Average Rate (%) 6.51 Partial Allotment Percentage of bids received at cut off rate (%)

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,81,800.16 6.46 0.01-6.99 I. Call Money 13,346.10 6.63 5.10-6.85 II. Triparty Repo 3,99,532.90 6.41 6.05-6.55 III. Market Repo 1,67,130.46 6.56 0.01-6.99 IV. Repo in Corporate Bond 1,790.70 6.76 6.75-6.80

The Reserve Bank of India has today announced the names of the members of the Standing External Advisory Committee (SEAC) for evaluating applications for Universal Banks as well as Small Finance Banks. The tenure of the SEAC will be for three years. The composition of SEAC is: 1. Shri M. K. Jain, former Deputy Governor, Reserve Bank of India Chairperson 2. Ms. Revathy Iyer, Director, Central Board, Reserve Bank of India Member

In terms of GOI Notification F.No.4(7)–B(W&M) /2019 dated September 30, 2019 (SGB 2019-20 Series VIII -Issue date January 21, 2020) 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 due date of premature redemption of the above tranche shall be January 21, 2025.

Government of India (GOI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹32,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.79% GS 2034 Oct 07, 2034 22,000 F.No.4(3)-B(W&M)/2024 dated January 20, 2025 January 24, 2025 (Friday) January 27, 2025 (Monday)

The Government of India has announced the buyback of its Securities through auction for an aggregate amount of ₹20,000 crore (face value). The security-wise details of the buyback are as under: S.No. Security Date of Maturity 1 7.72% GS 2025 May 25, 2025 2 5.22% GS 2025 June 15, 2025 3 8.20% GS 2025 September 24, 2025 4 5.15% GS 2025 November 09, 2025 5 7.59% GS 2026 January 11, 2026

The Reserve Bank of India, had issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Thodupuzha Urban Co-operative Bank Ltd. Kerala vide Directive No.CO.DOS.SED.No.S3361/12.07.005/2022-23 dated August 23, 2022, for a period of six months.

As announced vide the Press Release 2024-2025/1933 dated January 15, 2025 , the Reserve Bank will be conducting daily Variable Rate Repo (VRR) auctions on all working days in Mumbai with reversal taking place on the next working day, until further notice.