Press Releases

The Reserve Bank of India (RBI) has today issued Reserve Bank of India [Aadhaar Enabled Payment System (AePS) – Due Diligence of AePS Touchpoint Operators] Directions, 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-Day 9,000 July 02, 2025 (Wednesday) July 03, 2025 (Thursday) 2 182-Day 6,000 3 364-Day 5,000 Total 20,000

(For the Quarter ending September 2025)

The Reserve Bank of India, in consultation with the Government of India, hereby, notifies the calendar for issuance of Treasury Bills for the quarter ending September 2025 as under:

Today, the Reserve Bank released data relating to India’s International Investment Position for end-March 2025[1]. Key Features IIP during January-March 2025:  Net claims of non-residents on India declined by US$ 34.2 billion during Q4:2024-25 to US$ 330.0 billion as at end-March 2025.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹18,100 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Andhra Pradesh 1000 10 Yield 1000 12 Yield 2. Assam 900 10 Yield 3. Gujarat 1000 08 Yield 4. Himachal Pradesh 1200 25 Yield 5. Kerala 2000 33 Yield

The stock of external debt at end-March 2025 as well as revised data for earlier quarters are set out in Statements I (IMF format ) and II (old format). The major developments relating to India’s external debt as at end-March 2025 are presented below.

The Reserve Bank of India, in consultation with the State Governments/Union Territories (UTs), announces that the quantum of total market borrowings by the State Governments/UTs for the quarter July – September 2025, is expected to be ₹2,86,696 Crore. The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confirmed participation and tentative amounts indicated by them is as under:

Today, the Reserve Bank of India released the balance of payments (BoP) data for the fourth quarter (Q4), i.e., January-March of 2024-25 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-March 2024-25 are detailed below in Table 1.

Preliminary data on India’s balance of payments (BoP) for the fourth quarter (Q4), i.e., January-March 2024-25, are presented in Statements I and II. Key Features of India’s BoP in Q4:2024-25 • India’s current account balance recorded a surplus of US$ 13.5 billion (1.3 per cent of GDP) in Q4:2024-25 as compared with US$ 4.6 billion (0.5 per cent of GDP) in Q4:2023-24 and against a deficit of US$ 11.3 billion (1.1 per cent of GDP) in Q3:2024-25. • Merchandise trade deficit at US$ 59.5 billion in Q4:2024-25 was higher than US$ 52.0 billion in Q4:2023-24. However, it moderated from US$ 79.3 billion in Q3:2024-25.

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2024 2025 Variation Jun. 21 Jun. 13 Jun. 20 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government - 0 0 0 0 4.2 State Governments 4039 15962 17089 1128 13050 * Data are provisional; difference, if any, is due to rounding off.

The Reserve Bank of India has been regularly conducting Rural Consumer Confidence Survey (RCCS). The July 2025 round of the survey is being launched. The survey collects current perceptions and one year ahead expectations of households on general economic situation, employment scenario, overall price situation, own income and spending from the households residing in the rural and semi-urban areas across 31 states/ UTs viz., Andhra Pradesh,  Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Mizoram, Nagaland, NCT of Delhi, Odisha, Punjab, Rajasthan, Sikkim, Tamil Nadu, Telangana, Tripura, Union Territory of Ladakh, Uttar Pradesh, Uttarakhand and West Bengal. The results of this survey provide useful inputs for monetary policy.

The Reserve Bank of India has been regularly conducting Urban Consumer Confidence Survey (UCCS). The July 2025 round of the survey is being launched. The survey seeks qualitative responses from households, regarding their sentiments on general economic situation, employment scenario, price level, households’ income and spending. The survey is conducted regularly in 19 cities, viz., Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi and Thiruvananthapuram.

The Reserve Bank of India has been regularly conducting Inflation Expectations Survey of Households (IESH). The July 2025 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

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 14-Jun-2024 30-May-2025* 13-Jun-2025* 14-Jun-2024 30-May-2025* 13-Jun-2025* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 273308.16 365140.08 340603.24 277097.38 370999.12 346319.8749** b) Borrowings from banks 152185.60 110552.25 109671.80 152187.60 110574.25 109889.53 c) Other demand & time liabilities 76032.19 25071.47 23927.34 76298.36 25465.93 24362.82

Auction Results New GS 2028 6.33% GS 2035 I. Notified Amount ₹6,000 crore ₹30,000 crore II. Underwriting Notified Amount ₹6,000 crore ₹30,000 crore III. Competitive Bids Received (i) Number 113 337 (ii) Amount ₹30113.000 Crore ₹68300.550 Crore IV. Cut-off price / Yield - 100.19

New GS 2028 6.33% GS 2035 I. Notified Amount ₹6,000 crore ₹30,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 5.91% 100.19/6.3024% III. Amount accepted in the auction ₹6,000 crore ₹30,000 crore IV. Devolvement on Primary Dealers NIL NIL

Tenor 7-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 84,975 Amount accepted (in ₹ crore) 84,975 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.45 Partial Acceptance Percentage of offers received at cut off rate NA

In the underwriting auction conducted on June 27, 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: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitive Underwriting Amount Accepted (₹ crore) Total Amount underwritten (₹ crore) ACU Commission Cut-off rate (Paise per ₹100) New GS 2028 6,000 3,003 2,997 6,000 0.07 6.33% GS 2035 30,000 15,015 14,985 30,000 0.12

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,07,651.46 5.16 0.01-6.30 I. Call Money 18,327.98 5.27 4.75-5.35 II. Triparty Repo 4,00,730.45 5.24 5.00-5.26 III. Market Repo 1,86,894.48 4.97 0.01-5.75 IV. Repo in Corporate Bond 1,698.55 5.46 5.40-6.30

The Reserve Bank of India (RBI) has, by an order dated June 23, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Karnataka Co-operative Bank Limited, Muddebihal, Karnataka (the bank) for non-compliance with certain directions issued by RBI on ‘Exposure Norms and Statutory / Other Restrictions – UCBs’ and ‘Know Your Customer (KYC)’. 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 Banking Regulation Act, 1949.