Press Releases - ਆਰਬੀਆਈ - Reserve Bank of India
Press Releases
Auction Results 7.02% GS 2031 7.23% GS 2039 7.09% GS 2054 I. Notified Amount ₹10,000 crore ₹13,000 crore ₹10,000 crore II. Underwriting Notified Amount ₹10,000 crore ₹13,000 crore ₹10,000 crore III. Competitive Bids Received (i) Number 102 231 254 (ii) Amount ₹24236.000 crore ₹41041.000 crore ₹25707.298 crore IV. Cut-off price / Yield 101.33 103.37 101.35 (YTM: 6.7662%) (YTM: 6.8590%) (YTM: 6.9806%) V. Competitive Bids Accepted (i) Number 41 66 139 (ii) Amount ₹9991.798 crore ₹12985.360 crore ₹9989.326 crore VI. Partial Allotment Percentage of Competitive Bids 1.96% 43.12% 45.32% (9 Bids) (22 Bids) (6 Bids)
Auction Results 7.02% GS 2031 7.23% GS 2039 7.09% GS 2054 I. Notified Amount ₹10,000 crore ₹13,000 crore ₹10,000 crore II. Underwriting Notified Amount ₹10,000 crore ₹13,000 crore ₹10,000 crore III. Competitive Bids Received (i) Number 102 231 254 (ii) Amount ₹24236.000 crore ₹41041.000 crore ₹25707.298 crore IV. Cut-off price / Yield 101.33 103.37 101.35 (YTM: 6.7662%) (YTM: 6.8590%) (YTM: 6.9806%) V. Competitive Bids Accepted (i) Number 41 66 139 (ii) Amount ₹9991.798 crore ₹12985.360 crore ₹9989.326 crore VI. Partial Allotment Percentage of Competitive Bids 1.96% 43.12% 45.32% (9 Bids) (22 Bids) (6 Bids)
ਪੀਡੀਐਫ (7.02% GS 2031 7.23% GS 2039 7.09% GS 2054 I. Notified Amount ₹10,000 crore ₹13,000 crore ₹10,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 101.33/6.7662% 103.37/6.8590% 101.35/6.9806% III. Amount accepted in the auction ₹10,000 crore ₹13,000 crore ₹10,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL
7.02% GS 2031 7.23% GS 2039 7.09% GS 2054 I. Notified Amount ₹10,000 crore ₹13,000 crore ₹10,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 101.33/6.7662% 103.37/6.8590% 101.35/6.9806% III. Amount accepted in the auction ₹10,000 crore ₹13,000 crore ₹10,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL
Tenor 3-day Notified Amount (in ₹ crore) 1,25,000 Total amount of offers received (in ₹ crore) 54,755 Amount accepted (in ₹ crore) 54,755 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
Tenor 3-day Notified Amount (in ₹ crore) 1,25,000 Total amount of offers received (in ₹ crore) 54,755 Amount accepted (in ₹ crore) 54,755 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 second Variable Rate Reverse Repo (VRRR) auction on October 18, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,25,000 3 12:00 Noon to 12:30 PM October 21, 2024 (Monday)
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 October 18, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,25,000 3 12:00 Noon to 12:30 PM October 21, 2024 (Monday)
Tenor 13-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 20,073 Amount accepted (in ₹ crore) 20,073 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
Tenor 13-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 20,073 Amount accepted (in ₹ crore) 20,073 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
In the underwriting auctions conducted on October 18, 2024, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:
In the underwriting auctions conducted on October 18, 2024, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 556,222.72 6.29 0.01-6.50 I. Call Money 8,226.89 6.43 5.10-6.50 II. Triparty Repo 406,519.90 6.28 6.16-6.40 III. Market Repo 140,522.93 6.31 0.01-6.50 IV. Repo in Corporate Bond 953.00 6.41 6.39-6.50 B. Term Segment I. Notice Money** 122.10 6.30 6.10-6.45 II. Term Money@@ 380.00 - 6.75-6.90 III. Triparty Repo 231.00 6.45 6.35-6.45 IV. Market Repo 98.04 6.55 6.55-6.55 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) 556,222.72 6.29 0.01-6.50 I. Call Money 8,226.89 6.43 5.10-6.50 II. Triparty Repo 406,519.90 6.28 6.16-6.40 III. Market Repo 140,522.93 6.31 0.01-6.50 IV. Repo in Corporate Bond 953.00 6.41 6.39-6.50 B. Term Segment I. Notice Money** 122.10 6.30 6.10-6.45 II. Term Money@@ 380.00 - 6.75-6.90 III. Triparty Repo 231.00 6.45 6.35-6.45 IV. Market Repo 98.04 6.55 6.55-6.55 V. Repo in Corporate Bond 0.00 - -
The Reserve Bank of India (RBl) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on Jila Sahakari Kendriya Bank Maryadit, Mandsaur, Madhya Pradesh (the bank), for contravention of the provisions of section 26A read with section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with section 46(4)(i) and section 56 of the BR Act.
The Reserve Bank of India (RBl) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on Jila Sahakari Kendriya Bank Maryadit, Mandsaur, Madhya Pradesh (the bank), for contravention of the provisions of section 26A read with section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with section 46(4)(i) and section 56 of the BR Act.
The Reserve Bank of India (RBI) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on GoCapital Finance Limited, Chennai, Tamil Nadu (the company) for non-compliance with certain provisions of ‘Master Direction-Reserve Bank of India (Non-Banking Financial Company-Scale Based Regulation) Directions, 2023’, issued by RBI. This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of clause (b) of sub-section (1) of section 58G read with clause (aa) of sub-section (5) of section 58B of the Reserve Bank of India Act, 1934.
The Reserve Bank of India (RBI) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on GoCapital Finance Limited, Chennai, Tamil Nadu (the company) for non-compliance with certain provisions of ‘Master Direction-Reserve Bank of India (Non-Banking Financial Company-Scale Based Regulation) Directions, 2023’, issued by RBI. This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of clause (b) of sub-section (1) of section 58G read with clause (aa) of sub-section (5) of section 58B of the Reserve Bank of India Act, 1934.
The Reserve Bank of India (RBI) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Kottarakara Co-operative Urban Bank Limited, 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 07, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Kottarakara Co-operative Urban Bank Limited, 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 07, 2024, imposed a monetary penalty of ₹3.00 lakh (Rupees Three Lakh only) on The Catholic Co-operative Urban Bank Limited, Telangana (the bank) for non-compliance with certain directions issued by RBI on ‘Maintenance of Deposit Accounts – Primary (Urban) Co-operative Banks’, ‘Management of advances-UCBs’ and ‘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 07, 2024, imposed a monetary penalty of ₹3.00 lakh (Rupees Three Lakh only) on The Catholic Co-operative Urban Bank Limited, Telangana (the bank) for non-compliance with certain directions issued by RBI on ‘Maintenance of Deposit Accounts – Primary (Urban) Co-operative Banks’, ‘Management of advances-UCBs’ and ‘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 has today, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934, issued Directions to the following NBFCs to cease and desist from sanction and disbursal of loans, effective from close of business of October 21, 2024:
The Reserve Bank of India has today, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934, issued Directions to the following NBFCs to cease and desist from sanction and disbursal of loans, effective from close of business of October 21, 2024:
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on October 18, 2024, Friday, as under:
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on October 18, 2024, Friday, as under:
I. Summary Results Aggregate amount (Face Value) notified by RBI ₹ 25,000.000 crore Total amount offered (Face Value) by participants ₹ 33,201.361 crore Total amount accepted (Face Value) by RBI ₹ 24,934.364 crore
I. Summary Results Aggregate amount (Face Value) notified by RBI ₹ 25,000.000 crore Total amount offered (Face Value) by participants ₹ 33,201.361 crore Total amount accepted (Face Value) by RBI ₹ 24,934.364 crore
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 23 – September 27, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 23 – September 27, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 16 – September 20, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 16 – September 20, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 09 – September 13, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 09 – September 13, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 02 – September 06, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 02 – September 06, 2024.
Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 40,385 Amount accepted (in ₹ crore) 40,385 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) 40,385 Amount accepted (in ₹ crore) 40,385 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 October 18, 2024.
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 18, 2024.
(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 06-Oct-2023 20-Sep-2024* 04-Oct-2024* 06-Oct-2023 20-Sep-2024* 04-Oct-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 233633.16 305203.01 287752.63 235968.24 309831.75 292084.59** b) Borrowings from banks 199276.58 134095.86 128068.94 199285.58 134219.35 128119.50 c) Other demand & time liabilities 71823.77 22841.08 22578.52 72475.18 23153.09 22918.62 II LIABILITIES TO OTHERS (A)
(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 06-Oct-2023 20-Sep-2024* 04-Oct-2024* 06-Oct-2023 20-Sep-2024* 04-Oct-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 233633.16 305203.01 287752.63 235968.24 309831.75 292084.59** b) Borrowings from banks 199276.58 134095.86 128068.94 199285.58 134219.35 128119.50 c) Other demand & time liabilities 71823.77 22841.08 22578.52 72475.18 23153.09 22918.62 II LIABILITIES TO OTHERS (A)
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on October 17, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 12:00 Noon to 12:30 PM October 18, 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 Variable Rate Reverse Repo (VRRR) auction on October 17, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 12:00 Noon to 12:30 PM October 18, 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.
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 540,974.48 6.30 5.00-6.50 I. Call Money 8,755.18 6.44 5.10-6.50 II. Triparty Repo 390,913.55 6.28 5.90-6.43 III. Market Repo 140,357.75 6.33 5.00-6.50 IV. Repo in Corporate Bond 948.00 6.45 6.40-6.50
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 540,974.48 6.30 5.00-6.50 I. Call Money 8,755.18 6.44 5.10-6.50 II. Triparty Repo 390,913.55 6.28 5.90-6.43 III. Market Repo 140,357.75 6.33 5.00-6.50 IV. Repo in Corporate Bond 948.00 6.45 6.40-6.50
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹30,000 crore (face value). The security-wise details of the conversion/switch are given as under:
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹30,000 crore (face value). The security-wise details of the conversion/switch are given as under:
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 August 2024.
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 August 2024.
The Reserve Bank has today released data on Reserve Money for the week ended October 11, 2024 and Money Supply for the fortnight ended October 04, 2024.
The Reserve Bank has today released data on Reserve Money for the week ended October 11, 2024 and Money Supply for the fortnight ended October 04, 2024.
The 611th meeting of the Central Board of Directors of Reserve Bank of India was held today in Bhubaneswar under the Chairmanship of Shri Shaktikanta Das, Governor. The Board passed a condolence resolution in memory of Shri Ratan N. Tata, a former Director of the Central Board. The Central Board Members also took the Integrity pledge in observance of the ensuing Vigilance Awareness week 2024. The Board reviewed the current economic and financial situation, including challenges posed by evolving geopolitical conflicts. The Board also discussed the functioning of various Sub-Committees of the Central Board, the Ombudsman Scheme and activities of select Central Office Departments.
The 611th meeting of the Central Board of Directors of Reserve Bank of India was held today in Bhubaneswar under the Chairmanship of Shri Shaktikanta Das, Governor. The Board passed a condolence resolution in memory of Shri Ratan N. Tata, a former Director of the Central Board. The Central Board Members also took the Integrity pledge in observance of the ensuing Vigilance Awareness week 2024. The Board reviewed the current economic and financial situation, including challenges posed by evolving geopolitical conflicts. The Board also discussed the functioning of various Sub-Committees of the Central Board, the Ombudsman Scheme and activities of select Central Office Departments.
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.
The following seven Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.
The following seven Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹7000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 70 75 88 (ii) Amount ₹ 21112.500 Crore ₹ 17880.500 Crore ₹ 23166.500 Crore III. Cut-off price / Yield 98.4170 96.8376 93.8739 (YTM: 6.4515%) (YTM: 6.5493%) (YTM: 6.5438%) IV. Competitive Bids Accepted (i) Number 32 22 36
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹7000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 70 75 88 (ii) Amount ₹ 21112.500 Crore ₹ 17880.500 Crore ₹ 23166.500 Crore III. Cut-off price / Yield 98.4170 96.8376 93.8739 (YTM: 6.4515%) (YTM: 6.5493%) (YTM: 6.5438%) IV. Competitive Bids Accepted (i) Number 32 22 36
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 98.4170 (YTM: 6.4515%) 96.8376 (YTM: 6.5493%) 93.8739 (YTM: 6.5438%) 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 98.4170 (YTM: 6.4515%) 96.8376 (YTM: 6.5493%) 93.8739 (YTM: 6.5438%) IV. Total Face Value Accepted ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore
Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 38,133 Amount accepted (in ₹ crore) 38,133 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) 50,000 Total amount of offers received (in ₹ crore) 38,133 Amount accepted (in ₹ crore) 38,133 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 October 16, 2024, Wednesday, as under:
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on October 16, 2024, Wednesday, as under:
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 532,197.56 6.29 4.50-6.50 I. Call Money 10,248.04 6.42 5.00-6.50 II. Triparty Repo 369,769.45 6.27 6.20-6.37 III. Market Repo 151,167.07 6.31 4.50-6.50 IV. Repo in Corporate Bond 1,013.00 6.40 6.40-6.45
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 532,197.56 6.29 4.50-6.50 I. Call Money 10,248.04 6.42 5.00-6.50 II. Triparty Repo 369,769.45 6.27 6.20-6.37 III. Market Repo 151,167.07 6.31 4.50-6.50 IV. Repo in Corporate Bond 1,013.00 6.40 6.40-6.45
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to National Urban Co-operative Bank Ltd., Pratapgarh vide Directive CO.DOS.SED.No.S369/45-11-001/2024-25 dated April 15, 2024, for a period of six months up to the close of business on October 15, 2024.The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond the close of business on October 15, 2024.
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to National Urban Co-operative Bank Ltd., Pratapgarh vide Directive CO.DOS.SED.No.S369/45-11-001/2024-25 dated April 15, 2024, for a period of six months up to the close of business on October 15, 2024.The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond the close of business on October 15, 2024.
In terms of GOI Notification F. No. 4(25) – W&M /2017 dated October 06, 2017 (SGB 2017-18 Series III - Issue date October 16, 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 due date of premature redemption of the above tranche shall be October 16, 2024.
In terms of GOI Notification F. No. 4(25) – W&M /2017 dated October 06, 2017 (SGB 2017-18 Series III - Issue date October 16, 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 due date of premature redemption of the above tranche shall be October 16, 2024.
The result of the auction of State Government Securities held on October 15, 2024 is as under: (Amount in ₹Crore) GUJARAT 2027 HIMACHAL PRADESH 2034 KARNATAKA 2034 KARNATAKA 2035 Notified Amount 1500 600 2000 2000 Tenure 3 10 10 11 Competitive Bids Received (i) No. 71 26 99 112 (ii) Amount 10475 2549 8052.500 6584 Cut off Price (₹) / Yield (%) 6.82 7.08 7.08 7.09 Competitive Bids Accepted (i) No. 11 1 21 27
The result of the auction of State Government Securities held on October 15, 2024 is as under: (Amount in ₹Crore) GUJARAT 2027 HIMACHAL PRADESH 2034 KARNATAKA 2034 KARNATAKA 2035 Notified Amount 1500 600 2000 2000 Tenure 3 10 10 11 Competitive Bids Received (i) No. 71 26 99 112 (ii) Amount 10475 2549 8052.500 6584 Cut off Price (₹) / Yield (%) 6.82 7.08 7.08 7.09 Competitive Bids Accepted (i) No. 11 1 21 27
Sr. No. State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Year) 1 Gujarat 1500 1500 6.82 03 2 Himachal Pradesh 600 600 7.08 10 3 Karnataka 2000 2000 7.08 10 2000 2000 7.09 11 4 Puducherry 200 200 7.09 10 100 100 101.00/7.0690 Re-issue of 7.25% Puducherry SDL 2032 issued on January 25, 2017 5 Punjab 1150 1150 7.11 20 6 Rajasthan 500 500 103.44/7.0907 Re-issue of 7.65% Rajasthan SGS 2033 issued on January 25, 2023
Sr. No. State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Year) 1 Gujarat 1500 1500 6.82 03 2 Himachal Pradesh 600 600 7.08 10 3 Karnataka 2000 2000 7.08 10 2000 2000 7.09 11 4 Puducherry 200 200 7.09 10 100 100 101.00/7.0690 Re-issue of 7.25% Puducherry SDL 2032 issued on January 25, 2017 5 Punjab 1150 1150 7.11 20 6 Rajasthan 500 500 103.44/7.0907 Re-issue of 7.65% Rajasthan SGS 2033 issued on January 25, 2023
The Reserve Bank has launched the 108th round of the quarterly Industrial Outlook Survey (IOS) of the Indian manufacturing sector for the reference period October-December 2024. The survey assesses business sentiment for the current quarter (Q3:2024-25) and expectations for the ensuing quarter (Q4:2024-25), based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment conditions and the price situation. The outlook on key parameters for the two subsequent quarters (Q1:2025-26 and Q2:2025-26) are also covered.
The Reserve Bank has launched the 108th round of the quarterly Industrial Outlook Survey (IOS) of the Indian manufacturing sector for the reference period October-December 2024. The survey assesses business sentiment for the current quarter (Q3:2024-25) and expectations for the ensuing quarter (Q4:2024-25), based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment conditions and the price situation. The outlook on key parameters for the two subsequent quarters (Q1:2025-26 and Q2:2025-26) are also covered.
The Reserve Bank has launched the 43rd round of the quarterly Services and Infrastructure Outlook Survey (SIOS) for the reference period October-December 2024. The survey assesses the business situation for the current quarter (Q3:2024-25) from selected companies in the services and infrastructure sectors in India and their expectations for the ensuing quarter (Q4:2024-25) based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment conditions and the price situation. The outlook on key parameters for the two subsequent quarters (Q1:2025-26 and Q2:2025-26) are also covered.
The Reserve Bank has launched the 43rd round of the quarterly Services and Infrastructure Outlook Survey (SIOS) for the reference period October-December 2024. The survey assesses the business situation for the current quarter (Q3:2024-25) from selected companies in the services and infrastructure sectors in India and their expectations for the ensuing quarter (Q4:2024-25) based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment conditions and the price situation. The outlook on key parameters for the two subsequent quarters (Q1:2025-26 and Q2:2025-26) are also covered.
Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 26,060 Amount accepted (in ₹ crore) 26,060 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) 50,000 Total amount of offers received (in ₹ crore) 26,060 Amount accepted (in ₹ crore) 26,060 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of September 2024.
The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of September 2024.
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on October 15, 2024, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 2 11:00 AM to 11:30 AM October 17, 2024 (Thursday) 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 October 15, 2024, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 2 11:00 AM to 11:30 AM October 17, 2024 (Thursday) 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.
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 532,740.60 6.26 4.50-6.50 I. Call Money 10,988.08 6.42 5.10-6.50 II. Triparty Repo 369,234.60 6.24 6.20-6.45 III. Market Repo 151,494.92 6.29 4.50-6.50 IV. Repo in Corporate Bond 1,023.00 6.40 6.39-6.45
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 532,740.60 6.26 4.50-6.50 I. Call Money 10,988.08 6.42 5.10-6.50 II. Triparty Repo 369,234.60 6.24 6.20-6.45 III. Market Repo 151,494.92 6.29 4.50-6.50 IV. Repo in Corporate Bond 1,023.00 6.40 6.39-6.45
In terms of GOI Notification F. No. 4(7) – B (W&M) /2019 dated September 30, 2019 (SGB 2019-20 Series V - Issue date October 15, 2019) 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 October 15, 2024.
In terms of GOI Notification F. No. 4(7) – B (W&M) /2019 dated September 30, 2019 (SGB 2019-20 Series V - Issue date October 15, 2019) 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 October 15, 2024.
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: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 7.02% GS 2031 Jun 18, 2031 10,000 F.No.4(3)-B(W&M)/2024 dated October 14, 2024 October 18, 2024 (Friday) October 21, 2024 (Monday) 2 7.23% GS 2039 Apr 15, 2039 13,000 3 7.09% GS 2054 Aug 05, 2054 10,000 Total 33,000
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: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 7.02% GS 2031 Jun 18, 2031 10,000 F.No.4(3)-B(W&M)/2024 dated October 14, 2024 October 18, 2024 (Friday) October 21, 2024 (Monday) 2 7.23% GS 2039 Apr 15, 2039 13,000 3 7.09% GS 2054 Aug 05, 2054 10,000 Total 33,000
The Reserve Bank of India (RBl) has, by an order dated October 03, 2024, imposed a monetary penalty of ₹14.00 lakh (Rupees Fourteen Lakh only) on Arunachal Pradesh Rural Bank (the bank), for non-compliance with certain directions issued by RBI on ‘Strengthening of Prudential Norms- Provisioning Asset Classification and Exposure Limit’ and 'Know Your Customer (KYC) '. This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 51(1) of the Banking Regulation Act, 1949.
The Reserve Bank of India (RBl) has, by an order dated October 03, 2024, imposed a monetary penalty of ₹14.00 lakh (Rupees Fourteen Lakh only) on Arunachal Pradesh Rural Bank (the bank), for non-compliance with certain directions issued by RBI on ‘Strengthening of Prudential Norms- Provisioning Asset Classification and Exposure Limit’ and 'Know Your Customer (KYC) '. This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 51(1) of the Banking Regulation Act, 1949.
The Reserve Bank of India (RBl) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Urban Co-operative Bank Limited, Dharangaon, Maharashtra (the bank), for non-compliance with the specific directions issued by RBI under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
The Reserve Bank of India (RBl) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Urban Co-operative Bank Limited, Dharangaon, Maharashtra (the bank), for non-compliance with the specific directions issued by RBI under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
The Reserve Bank of India (RBl) has, by an order dated October 03, 2024, imposed a monetary penalty of ₹2.75 lakh (Rupees Two Lakh Seventy Five Thousand only) on Jilla Sahakari Kendriya Bank Maryadit, Bhind, Madhya Pradesh (the bank) for contravention of the provisions of section 26A read with section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 56 of the BR Act and section 25 of the Credit Information Companies (Regulation) Act, 2005.
The Reserve Bank of India (RBl) has, by an order dated October 03, 2024, imposed a monetary penalty of ₹2.75 lakh (Rupees Two Lakh Seventy Five Thousand only) on Jilla Sahakari Kendriya Bank Maryadit, Bhind, Madhya Pradesh (the bank) for contravention of the provisions of section 26A read with section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 56 of the BR Act and section 25 of the Credit Information Companies (Regulation) Act, 2005.
The Reserve Bank of India (RBI) has, by an order dated October 04, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Sri Kalahasti Co-operative Town Bank Limited, Andhra Pradesh (the bank) for non-compliance with provisions of Section 31 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 56 of the BR Act.
The Reserve Bank of India (RBI) has, by an order dated October 04, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Sri Kalahasti Co-operative Town Bank Limited, Andhra Pradesh (the bank) for non-compliance with provisions of Section 31 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 56 of the BR Act.
ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਮੋਬਾਈਲ ਐਪਲੀਕੇਸ਼ਨ ਇੰਸਟਾਲ ਕਰੋ ਅਤੇ ਨਵੀਨਤਮ ਖਬਰਾਂ ਤੱਕ ਤੇਜ਼ ਐਕਸੈਸ ਪ੍ਰਾਪਤ ਕਰੋ!
ਪੇਜ ਅੰਤਿਮ ਅੱਪਡੇਟ ਦੀ ਤਾਰੀਖ: ਦਸੰਬਰ 03, 2024
