Press Releases

The Reserve Bank today released data on India’s invisibles as per the IMF’s Balance of Payments and International Investment Position Manual (BPM6) format for April - June of 2024-25.

The value of exports and imports of services during September 2024 is given in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) July – 2024 30,580 (16.6) 15,903 (15.7) August – 2024 30,340 (5.7) 16,423 (8.8) September – 2024 32,579 (14.6) 16,507 (13.2) Notes: (i) Data are provisional; and (ii) Figures in parentheses are growth rates over the corresponding month of the previous year which have been revised on the basis of balance of payments statistics.

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 7,000 November 06, 2024 (Wednesday) November 07, 2024 (Thursday) 2 182 Days 6,000 3 364 Days 6,000 Total 19,000

Data on sectoral deployment of bank credit for the month of September 2024 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 in September 2024 grew at 14.4 per cent, as compared to 15.3 per cent a year ago.

Tenor 14-day Notified Amount (in ₹ crore) 1,75,000 Total amount of offers received (in ₹ crore) 24,697 Amount accepted (in ₹ crore) 24,697 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 20-Oct-2023 04-Oct-2024* 18-Oct-2024* 20-Oct-2023 04-Oct-2024* 18-Oct-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 240291.21 287920.78 294002.82 244279.94 292252.74 298612.42** b) Borrowings from banks 200948.20 127899.61 130776.35 201039.57 127950.17 130806.35 c) Other demand & time liabilities 71636.68 22225.29 23256.84 72437.00 22565.39 23585.72

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 518,653.92 6.31 5.00-6.60 I. Call Money 7,712.90 6.47 5.80-6.60 II. Triparty Repo 375,673.15 6.31 6.23-6.54 III. Market Repo 134,564.87 6.32 5.00-6.60 IV. Repo in Corporate Bond 703.00 6.43 6.40-6.60

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 31, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,75,000 14 10:30 AM to 11:00 AM November 14, 2024 (Thursday)

The Reserve Bank has today released data on Reserve Money for the week ended October 25, 2024 and Money Supply for the fortnight ended October 18, 2024.

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹7000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 76 67 70 (ii) Amount ₹16355.500 Crore ₹10555.000 Crore ₹21019.200 Crore III. Cut-off price / Yield 98.4025 96.7950 93.8253 (YTM : 6.5116%) (YTM : 6.6404%) (YTM : 6.5991%)