Press Releases - ਆਰਬੀਆਈ - Reserve Bank of India
Press Releases
The Reserve Bank of India (RBI) has, by an order dated November 05, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Nilambur Co-operative Urban Bank Ltd., Kerala (the bank) for non-compliance with specific directions issued by RBI under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers vested in RBI, conferred under 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 November 05, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Nilambur Co-operative Urban Bank Ltd., Kerala (the bank) for non-compliance with specific directions issued by RBI under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers vested in RBI, conferred under 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 October 29, 2024, imposed a monetary penalty of ₹25,000/- (Rupees Twenty Five Thousand only) on Manvi Pattana Souharda Sahakari Bank Niyamitha, Manvi (the bank) for non-compliance with specific directions issued by RBI under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers vested in RBI, conferred under 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 October 29, 2024, imposed a monetary penalty of ₹25,000/- (Rupees Twenty Five Thousand only) on Manvi Pattana Souharda Sahakari Bank Niyamitha, Manvi (the bank) for non-compliance with specific directions issued by RBI under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers vested in RBI, conferred under 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 October 29, 2024, imposed a monetary penalty of ₹5.00 lakh (Rupees Five Lakh only) on Shree Mahabaleshwar Co-operative Bank Ltd., Karnataka (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and advances to directors, their relatives, and firms /concerns in which they are interested’. This penalty has been imposed in exercise of powers vested in RBI, conferred under 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 October 29, 2024, imposed a monetary penalty of ₹5.00 lakh (Rupees Five Lakh only) on Shree Mahabaleshwar Co-operative Bank Ltd., Karnataka (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and advances to directors, their relatives, and firms /concerns in which they are interested’. This penalty has been imposed in exercise of powers vested in RBI, conferred under 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 November 08, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 10:00 AM to 10:30 AM November 11, 2024 (Monday)
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on November 08, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 10:00 AM to 10:30 AM November 11, 2024 (Monday)
Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 51,230 Amount accepted (in ₹ crore) 51,230 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 51,230 Amount accepted (in ₹ crore) 51,230 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on November 08, 2024. As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on November 08, 2024. As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under
On a review of the current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on November 07, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 11:30 AM to 12:00 Noon November 08, 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.
On a review of the current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on November 07, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 11:30 AM to 12:00 Noon November 08, 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.
Tenor 4-day Notified Amount (in ₹ crore) 1,75,000 Total amount of offers received (in ₹ crore) 1,03,355 Amount accepted (in ₹ crore) 1,03,355 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
Tenor 4-day Notified Amount (in ₹ crore) 1,75,000 Total amount of offers received (in ₹ crore) 1,03,355 Amount accepted (in ₹ crore) 1,03,355 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 538,661.37 6.23 4.00-6.60 I. Call Money 9,289.46 6.34 5.10-6.40 II. Triparty Repo 380,224.25 6.22 6.10-6.31 III. Market Repo 147,464.45 6.23 4.00-6.60 IV. Repo in Corporate Bond 1,683.21 6.41 6.38-6.50
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 538,661.37 6.23 4.00-6.60 I. Call Money 9,289.46 6.34 5.10-6.40 II. Triparty Repo 380,224.25 6.22 6.10-6.31 III. Market Repo 147,464.45 6.23 4.00-6.60 IV. Repo in Corporate Bond 1,683.21 6.41 6.38-6.50
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on November 07, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,75,000 4 10:00 AM to 10:30 AM November 11, 2024 (Monday) 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.
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on November 07, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,75,000 4 10:00 AM to 10:30 AM November 11, 2024 (Monday) 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.
The Reserve Bank has today released data on Reserve Money for the week ended November 01, 2024.
The Reserve Bank has today released data on Reserve Money for the week ended November 01, 2024.
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹7000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 98 77 78 (ii) Amount ₹ 30332.160 Crore ₹ 15931.500 Crore ₹ 25665.500 Crore III. Cut-off price / Yield 98.4189 96.8008 93.8253 (YTM: 6.4437%) (YTM: 6.6280%) (YTM: 6.5991%)
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹7000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 98 77 78 (ii) Amount ₹ 30332.160 Crore ₹ 15931.500 Crore ₹ 25665.500 Crore III. Cut-off price / Yield 98.4189 96.8008 93.8253 (YTM: 6.4437%) (YTM: 6.6280%) (YTM: 6.5991%)
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.4189 (YTM:6.4437%) 96.8008 (YTM: 6.6280%) 93.8253 (YTM: 6.5991%) IV. Total Face Value Accepted ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.4189 (YTM:6.4437%) 96.8008 (YTM: 6.6280%) 93.8253 (YTM: 6.5991%) IV. Total Face Value Accepted ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore
Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 28,265 Amount accepted (in ₹ crore) 28,265 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 28,265 Amount accepted (in ₹ crore) 28,265 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on November 06, 2024, Wednesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 11:15 AM to 11:45 AM November 07, 2024 (Thursday)
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on November 06, 2024, Wednesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 11:15 AM to 11:45 AM November 07, 2024 (Thursday)
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 539,697.48 6.12 5.00-6.60 I. Call Money 9,966.71 6.31 5.10-6.40 II. Triparty Repo 388,609.10 6.10 5.95-6.30 III. Market Repo 139,673.67 6.17 5.00-6.60 IV. Repo in Corporate Bond 1,448.00 6.37 6.30-6.50
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 539,697.48 6.12 5.00-6.60 I. Call Money 9,966.71 6.31 5.10-6.40 II. Triparty Repo 388,609.10 6.10 5.95-6.30 III. Market Repo 139,673.67 6.17 5.00-6.60 IV. Repo in Corporate Bond 1,448.00 6.37 6.30-6.50
In terms of GOI Notification F.No.4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series VI - Issue date November 06, 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 November 06, 2024.
In terms of GOI Notification F.No.4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series VI - Issue date November 06, 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 November 06, 2024.
The result of the auction of State Government Securities held on November 05, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2042 ANDHRA PRADESH 2047 BIHAR 2034 HARYANA 2036 Notified Amount 1000 1000 2000 1500 Tenure 18 23 10 12 Competitive Bids Received (i) No. 26 14 50 71 (ii) Amount 3790 3520 4760 8282 Cut off Price (₹) / Yield (%) 7.15 7.15 7.13 7.13 Competitive Bids Accepted
The result of the auction of State Government Securities held on November 05, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2042 ANDHRA PRADESH 2047 BIHAR 2034 HARYANA 2036 Notified Amount 1000 1000 2000 1500 Tenure 18 23 10 12 Competitive Bids Received (i) No. 26 14 50 71 (ii) Amount 3790 3520 4760 8282 Cut off Price (₹) / Yield (%) 7.15 7.15 7.13 7.13 Competitive Bids Accepted
Sr. No. State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.15 18 1000 1000 7.15 23 2 Bihar 2000 2000 7.13 10 3 Haryana 1500 1500 7.13 12 4 Kerala 1000 1000 7.15 16 5 Mizoram 80 80 7.15 16 6 Punjab 387 387 100.11/7.1594 Re-issue of 7.17% Punjab SGS 2044 issued on October 30, 2024 7 Tamil Nadu 1000 1000 7.02 05 1000 1000 7.12 10 8 Uttarakhand 500 500 7.06 06 Total 9467 9467
Sr. No. State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.15 18 1000 1000 7.15 23 2 Bihar 2000 2000 7.13 10 3 Haryana 1500 1500 7.13 12 4 Kerala 1000 1000 7.15 16 5 Mizoram 80 80 7.15 16 6 Punjab 387 387 100.11/7.1594 Re-issue of 7.17% Punjab SGS 2044 issued on October 30, 2024 7 Tamil Nadu 1000 1000 7.02 05 1000 1000 7.12 10 8 Uttarakhand 500 500 7.06 06 Total 9467 9467
Tenor 2-day Notified Amount (in ₹ crore) 1,25,000 Total amount of offers received (in ₹ crore) 70,825 Amount accepted (in ₹ crore) 70,825 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) 1,25,000 Total amount of offers received (in ₹ crore) 70,825 Amount accepted (in ₹ crore) 70,825 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
ਪੇਜ ਅੰਤਿਮ ਅੱਪਡੇਟ ਦੀ ਤਾਰੀਖ: ਨਵੰਬਰ 22, 2024