Press Releases

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation May 26 May 17 May 24 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 13742 17624 18822 1199 5080 * Data are provisional; difference, if any, is due to rounding off.

Data on sectoral deployment of bank credit for the month of April 2024[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. On a year-on-year (y-o-y) basis, non-food bank credit[2] registered a growth of 15.3 per cent in April 2024[3] as compared with 16.2 per cent a year ago.

Auction Results New GS 2029 New GOI SGrB 2034 7.34% GS 2064 I. Notified Amount ₹12,000 crore ₹6,000 crore ₹11,000 crore II. Underwriting Notified Amount ₹12,000 crore ₹6,000 crore ₹11,000 crore III. Competitive Bids Received (i) Number 178 99 293 (ii) Amount ₹ 37264 Crore ₹ 12677 Crore ₹ 28926 Crore IV. Cut-off price / Yield - NA 102.35 (YTM:7.04%) (YTM: NA) (YTM: 7.1601%) V. Competitive Bids Accepted (i) Number 56 0 99 (ii) Amount ₹ 11991.509 Crore NIL

New GS 2029 New GOI SGrB 2034 7.34% GS 2064 I. Notified Amount ₹12,000 crore ₹6,000 crore ₹11,000 crore II. Cut off Price / Implicit Yield at cut-off 7.04% - 102.35 / 7.1601% III. Amount accepted in the auction ₹12,000 crore NIL ₹11,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL Ajit Prasad Deputy General Manager (Communications) Press Release: 2024-2025/411

Tenor    14-day    Notified Amount (in ₹ crore)    50,000    Total amount of bids received (in ₹ crore)    1,13,915    Amount allotted (in ₹ crore)    50,004    Cut off Rate (%)    6.59    Weighted Average Rate (%)    6.63    Partial Allotment Percentage of bids received at cut off rate (%)    39.19    

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 19-May-23    03-MAY-2024 *    17-MAY-2024 *    19-May-23    03-MAY-2024 *    17-MAY-2024 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 243149.05    291055.4    289684.94    245652.1    292732.12    293567.66 ** b) Borrowings from banks 56459.38    167685.78    162652.29    56588.09    170176.71    162655.65 c) Other demand & time liabilities 59167.93    76526.45    74441.56    59826.67    76795.5    74668.36 II LIABILITIES TO OTHERS (A) a) Deposits (other than from banks) 18376356.29    20938381 (20835743.37)    20814091.81 (20714644.03)    18815257.1    21400918.13 (21298280.50)    21272866.45 (21173418.67) 

In the underwriting auctions conducted on May 31, 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) 522,344.45 6.38 0.01-7.50 I. Call Money 11,296.09 6.47 5.40-6.55 II. Triparty Repo 348,641.85 6.36 6.10-6.42 III. Market Repo 161,469.76 6.41 0.01-6.56 IV. Repo in Corporate Bond 936.75 6.69 6.66-7.50

The Reserve Bank of India, vide Directive LKO.DOS.SED.No.S850/10-03-030/2022-2023 dated March 02, 2023 had placed Banaras Merchantile Co-operative Bank Ltd., Varanasi (U.P) under Directions for the period of six months from the close of business on March 03, 2023. The validity of the directions has been extended from time-to-time, last being up to close of business on June 03, 2024. 

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 31, 2024, Friday, as under: Sl. No.    Notified Amount (₹ crore)    Tenor (day)    Window Timing Date of Reversal 1    50,000    14    10:30 AM to 11:00 AM    June 14, 2024 (Friday)