The Reserve Bank has today released data on Money Supply for the fortnight ended December 15, 2023.

The Reserve Bank of India has been regularly conducting Inflation Expectations Survey of Households (IESH). The January 2024 round of the survey is being launched. The survey aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities, viz., Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi and Thiruvananthapuram.

Data on sectoral deployment of bank credit for the month of November 2023[1] collected from 41 select scheduled commercial banks, accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks, are set out in Statements I and II.

Auction Results  7.37% GS 2028  7.18% GS 2033  7.30% GS 2053  I.  Notified Amount  ₹7000 Crore  ₹16000 Crore  ₹10000 Crore  II.  Underwriting Notified Amount  ₹7000 Crore  ₹16000 Crore  ₹10000 Crore  III.  Competitive Bids Received     (i)  Number  105  213  356  (ii) Amount  ₹ 21039 Crore  ₹ 41655 Crore  ₹ 34332.250 Crore  IV.  Cut-off price / Yield  101.22  100.02  98.47  (YTM: 7.0628%)  (YTM: 7.1754%)  (YTM: 7.4283%)

The Payments Infrastructure Development Fund (PIDF) Scheme was operationalised by the Reserve Bank in January 2021, for a period of three years. The objective of the scheme was to encourage deployment of payment acceptance infrastructure such as physical Point of Sale (PoS) terminals, Quick Response (QR) codes, in tier-3 to tier-6 centres, North Eastern states and Union Territories (U.T.s) of Jammu & Kashmir and Ladakh. From August 26, 2021, beneficiaries of PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi Scheme) in tier-1 and tier-2 centres are also covered

7.37% GS 2028 7.18% GS 2033 7.30% GS 2053 I. Notified Amount ₹7,000 crore ₹16,000 crore ₹10,000 crore II. Cut off Price / Implicit Yield at cut-off 101.22/ 7.0628% 100.02/ 7.1754% 98.47/ 7.4283% III. Amount accepted in the auction ₹7,000 crore ₹16,000 crore ₹10,000 crore

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 16-Dec-22 01- ec-2023 * 15-Dec-2023 * 16-Dec-22 01-Dec- 023 * 15-Dec-2023 * LIABILITIES TO THE BKG.SYSTEM (A) Demand & Time deposits from banks 201266.75 249012.9 276840.69 203686.16 252853.53 280287.70 **

Result of the 7-day Variable Rate Repo auction held on December 29, 2023 Tenor 7-day Notified Amount (in ₹ crore) 1,25,000 Total amount of bids received (in ₹ crore) 3,01,274 Amount allotted (in ₹ crore) 1,25,020 Cut off Rate (%) 6.73 Weighted Average Rate (%) 6.74 Partial Allotment Percentage of bids received at cut off rate

In the underwriting auctions conducted on December 29, 2023 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)  478,179.16  6.79  0.01-7.90  I. Call Money 11,365.44  6.80  5.50-6.95  II. Triparty Repo 335,539.40  6.77  6.65-6.81  III. Market Repo 131,002.32  6.81  0.01-6.95  IV. Repo in Corporate Bond 272.00 7.59  7.05-7.90