Press Releases

The Reserve Bank is committed to achieving end-to-end digitization of all internal workflows involved in regulatory approval processes to enhance efficiency, transparency, and timeliness in service delivery. To this end, the Reserve Bank had launched PRAVAAH (Platform for Regulatory Application, Validation And AutHorisation) portal on May 28, 2024 to streamline online applications for regulatory authorisations, licenses, and approvals ensuring seamless, secure and faster delivery of services in a transparent manner.

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 next due date of premature redemption of the above tranche shall be April 15, 2025.

Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹30,000 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 2031 Dec 30, 2031 11,000 F.No.4(1)-B(W&M)/2025 dated April 11, 2025 April 17, 2025 (Thursday) April 21, 2025 (Monday) 2 6.98% GOI SGrB 2054 Dec 16, 2054 5,000 3 7.09% GS 2074 Nov 25, 2074 14,000 Total 30,000

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, Uttar Pradesh vide Directive CO.DOS.SED.No.S369/45-11-001/2024-25 dated April 15, 2024, for a period of six months up to October 15, 2024, as modified from time to time, which were last extended up to close of business on April 15, 2025, vide Directive DOR.MON/D-89/12.28.017/2024-25 dated January 07, 2025. 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 April 15, 2025.

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (in ₹ Crore) Auction Date Settlement Date 1 91 Days 9,000 April 16, 2025 (Wednesday) April 17, 2025 (Thursday) 2 182 Days 5,000 3 364 Days 5,000 Total 19,000

On a review of current and evolving liquidity conditions, the Reserve Bank has decided to conduct a 43-day Variable Rate Repo (VRR) auction on April 17, 2025, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,50,000 43 12:00 Noon to 12:30 PM May 30, 2025 (Friday)

On a review of current and evolving liquidity conditions, the Reserve Bank has decided to conduct an OMO purchase auction of Government of India securities for an aggregate amount of ₹40,000 crore to be held on April 17, 2025. This auction will be in addition to the auctions announced by the Reserve Bank vide Press Release 2025-26/4 dated April 01, 2025. 2. Accordingly, the Reserve Bank will purchase the following Government securities through a multi-security auction using the multiple price method:

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

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2024 2025 Variation Apr. 5 Mar. 28 Apr. 4 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government - 0 0 0 0 4.2 State Governments 17380 26284 38299 12016 20919 * Data are provisional; difference, if any, is due to rounding off.

Auction Results 6.92% GS 2039 New GS 2065 I. Notified Amount ₹16,000 crore ₹16,000 crore II. Underwriting Notified Amount ₹16,000 crore ₹16,000 crore III. Competitive Bids Received (i) Number 304 252 (ii) Amount ₹41,435.600 crore ₹50,999.000 crore

The Reserve Bank of India (RBI), vide order dated April 09, 2025, has cancelled the licence of “Shankarrao Mohite Patil Sahakari Bank Ltd., Akluj”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on April 11, 2025. The Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.

6.92% GS 2039 New GS 2065 I. Notified Amount ₹16,000 crore ₹16,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 103.36/6.5579% 6.90% III. Amount accepted in the auction ₹16,000 crore ₹16,000 crore IV. Devolvement on Primary Dealers NIL NIL

The Reserve Bank of India has launched the 69th round of its Order Books, Inventories and Capacity Utilisation Survey (OBICUS). The survey is for the reference period January – March 2025 (Q4:2024-25). The Reserve Bank has been conducting the Order Books, Inventories and Capacity Utilisation Survey (OBICUS) of the manufacturing sector on a quarterly basis since 2008. The information collected in the survey includes quantitative data on new orders received during the reference quarter, backlog of orders at the beginning of the quarter, pending orders at the end of the quarter, total inventories with a breakup between finished goods (FG), work

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 March 2025.

Tenor 4-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 14,317 Amount allotted (in ₹ crore) 14,317 Cut off Rate (%) 6.01 Weighted Average Rate (%) 6.01 Partial Allotment Percentage of bids received at cut off rate (%) NA

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 - -

In the underwriting auction conducted on April 11, 2025, 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) 6,28,278.22 5.80 1.00-6.95 I. Call Money 14,256.06 5.91 5.00-6.10 II. Triparty Repo 3,97,245.15 5.76 5.52-5.92 III. Market Repo 2,15,209.76 5.86 1.00-6.95 IV. Repo in Corporate Bond 1,567.25 6.08 6.05-6.40

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹3,000 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹Crore) Tenure (Year) Type of Auction 1. Chhattisgarh 1000 Re-issue of 6.53% Chhattisgarh SDL 2028, issued on September 15, 2021 Price 2. Tamil Nadu 1000 10 Yield 3. Telangana 1000 31 Yield Total 3000 The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on April 15, 2025 (Tuesday

The Reserve Bank of India has imposed a monetary penalty of Rs. 3,20,000/- (Rupees Three Lakhs Twenty Thousand only) on Citibank N.A. in exercise of powers vested in the Reserve Bank under the provisions of Section 11(3) of FEMA, 1999, for not undertaking due diligence while processing the inward remittances from a Foreign Currency Account opened by a constituent, resulting in contravention of Section 10 (4) of FEMA, 1999.