Press Releases

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Wednesday, August 06, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 2 11:15 AM to 11:45 AM August 08, 2025 (Friday)

This Statement sets out the developmental and regulatory policy measures relating to (i) Regulation; (ii) Financial Markets. I. Regulation 1. Standardisation of procedure for settlement of claims in respect of deposit accounts of deceased customers of banks Under the provisions of Banking Regulation Act, 1949, nomination facility is available in respect of deposit accounts, articles kept in safe custody or safe deposit lockers. This is intended to facilitate expeditious settlement of claims or return of articles or release of contents of safe deposit locker upon death of a customer and to minimise hardship caused to family members. The extant instructions require banks to adopt a simplified procedure to facilitate expeditious and hassle-free settlement of claims made by survivors/ nominees/ legal heirs, the procedures vary across banks. With a view to enhance customer service standards, it has been decided to streamline the procedures and standardise the documentation to be submitted to the banks. A draft circular in this regard shall be issued shortly for public consultation.

Namaskar and greetings to all in this month of Raksha Bandhan, Independence Day, Janmashtami, Parsi New Year and Ganesh Chaturthi. May this pious and auspicious month bring good luck to all of us and to our economy. The monsoon season has been progressing well. We are also approaching the festival season, which typically brings greater enthusiasm and buoyancy in economic activity. This favourable domestic setting, together with supportive policies of the Government and the Reserve Bank, augurs well for the Indian economy in the near term, as geopolitical uncertainties have somewhat abated, even though global trade challenges continue to linger. Over the medium-term also, the Indian economy holds bright prospects in the changing world order drawing on its inherent strength, robust fundamentals, and comfortable buffers. Opportunities are there for the taking, and we are making all efforts to create enabling conditions through a multi-pronged yet cohesive approach to policymaking.

The Monetary Policy Committee (MPC) held its 56th meeting from August 4 to 6, 2025 under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. The MPC members Dr. Nagesh Kumar, Shri Saugata Bhattacharya, Prof. Ram Singh, Dr. Poonam Gupta and Dr. Rajiv Ranjan attended the meeting.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,01,791.98 5.22 4.00-6.25 I. Call Money 15,815.00 5.36 4.75-5.45 II. Triparty Repo 3,94,438.90 5.20 4.75-5.30 III. Market Repo 1,88,662.53 5.26 4.00-6.00 IV. Repo in Corporate Bond 2,875.55 5.43 5.37-6.25

In terms of A.P (DIR Series) Circular No.10 dated July 11, 2022, Reserve Bank of India has put in place an additional arrangement for invoicing, payment, and settlement of exports / imports in INR. Under this arrangement, AD banks are permitted to open Special Rupee Vostro Accounts (SRVAs) of correspondent banks, with the prior approval of the Reserve Bank for settling cross-border trade transactions.

The result of the auction of State Government Securities held on August 05, 2025, is as under: (Amount in ₹ Crore) ANDHRA PRADESH SGS 2031 ANDHRA PRADESH SGS 2033 ANDHRA PRADESH SGS 2034 ASSAM SGS 2035 Notified Amount 1500 1500 2000 900 Tenor 6 -Years 8 -Years 9 -Years 10 -Years Competitive Bids Received

Sr. No. State/UT Notified Amount (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Andhra Pradesh 1500 1500 6.77 06 1500 1500 6.96 08 2000 2000 6.96 09 2. Assam 900 900 7.02 10 3. Bihar 2000 2000 7.22 15

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,12,401.68 5.25 4.00-6.30 I. Call Money 15,411.51 5.37 4.75-5.45 II. Triparty Repo 4,02,397.55 5.22 5.01-5.30 III. Market Repo 1,91,802.07 5.29 4.00-5.50 IV. Repo in Corporate Bond 2,790.55 5.49 5.42-6.30

Government of India (GoI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹25,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.28% GS 2032 July 14, 2032 11,000 F.No.4(1)-B(W&M)/2025 dated August 04, 2025 August 08, 2025 (Friday) August 11, 2025 (Monday) 2 7.09% GS 2074 November 25, 2074 14,000 Total 25,000