Press Releases

The Reserve Bank of India, vide directive CO.DOS.SED.No.S592/45-11-001/2024-25 dated April 23, 2024, had placed the Konark Urban Co-operative Bank Ltd., Ulhasnagar, under Directions from the close of business on April 23, 2024, for a period of six months. The validity of the directions was extended from time-to-time, the last being up to April 23, 2025.

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹9,000 Crore ₹5,000 Crore ₹5,000 Crore II. Competitive Bids Received (i) Number 85 83 102 (ii) Amount ₹28246.100 Crore ₹18536.500 Crore ₹24947.000 Crore III. Cut-off price / Yield 98.5492 97.1180 94.3987 (YTM: 5.9048%) (YTM: 5.9514%) (YTM: 5.9500%)

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹9,000 Crore ₹5,000 Crore ₹5,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.5492 (YTM:5.9048%) 97.1180 (YTM: 5.9514%) 94.3987 (YTM: 5.9500%) IV. Total Face Value Accepted ₹9,000 Crore ₹5,000 Crore ₹5,000 Crore

Tenor 1-day Notified Amount (in ₹ crore) 1,00,000 Total amount of bids received (in ₹ crore) 18,872 Amount allotted (in ₹ crore) 18,872 Cut off Rate (%) 6.01 Weighted Average Rate (%) 6.01 Partial Allotment Percentage of bids received at cut off rate (%) NA

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,25,055.90 5.90 3.50-6.95 I. Call Money 16,344.62 5.87 5.00-6.15 II. Triparty Repo 4,28,406.90 5.86 5.65-5.99 III. Market Repo 1,78,167.38 5.98 3.50-6.20 IV. Repo in Corporate Bond 2,137.00 6.23 6.00-6.95

The Central Government has re-appointed Shri T. Rabi Sankar as Deputy Governor, Reserve Bank of India for a period of one year with effect from May 03, 2025, or until further orders, whichever is earlier.

In terms of GOI Notification F. No.4(25)-W&M/2017 dated October 06, 2017 (SGB 2017-18 Series IV-Issue date October 23, 2017) and GOI Notification F. No.4(22)-W&M/2018 dated October 08, 2018 (SGB 2018-19 Series II-Issue date October 23, 2018) 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 23, 2025.

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.

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal vide Directive No. CO.DOS.SED.No.S2574/12-07-005/2022-23 dated July 21, 2022 for a period of six months up to close of business on January 22, 2023 as modified from time to time, which were last extended up to close of business on April 22, 2025 vide Directive DOR.MON.D-95/12.29.046/2024-25 dated January 20, 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 close of business on April 22, 2025.

Aggregate Amount (Face value) notified by RBI : ₹20,000 crore Total amount offered (Face value) by participants : ₹60,973 crore Total amount accepted (Face value) by RBI : ₹20,000 crore

Today, the Reserve Bank released the April 2025 issue of its monthly Bulletin. The Bulletin includes bi-monthly monetary policy statement (April 09, 2025), four speeches, four articles and current statistics. The four articles are: I. State of the Economy; II. Three Years of the Standing Deposit Facility: Some Insights; III. Changing Dynamics of Climate Policy Uncertainty and Energy Commodity Prices; and IV. Rural Consumer Confidence in India: Bridging the Gap.

The result of the auction of State Government Securities held on April 22, 2025, is as under: (Amount in ₹ Crore) ASSAM SGS 2040 CHHATTISGARH SDL 2028 MAHARASHTRA SGS 2037 MAHARASHTRA SGS 2038 Notified Amount 900 970 2000 2000 Tenure 15 Re-issue of 6.62% Chhattisgarh SDL 2028, issued on October 27, 2021 12 13 Competitive Bids Received

The Reserve Bank of India (RBI), vide order dated April 21, 2025, has cancelled the licence of “Ajantha Urban Co-operative Bank Maryadit, Aurangabad”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on April 22, 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

Security 6.10% GS 2031 7.26% GS 2032 7.50% GS 2034 8.30% GS 2040 9.23% GS 2043 Total amount notified Aggregate amount of ₹20,000 crore (no security-wise notified amount) Total amount (face value) accepted by RBI (₹ in crore) 8,525 3,930 5,870 1,000 675

Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenure (Year) 1 Assam 900 900 6.75 15 2 Chhattisgarh 970 970 100.84/ 6.3490 Re-issue of 6.62% Chhattisgarh SDL 2028, issued on October 27, 2021 3 Maharashtra 2000 2000 6.76 12 2000 2000 6.72 13 1500 1500 6.75 14

Tenor 1-day Notified Amount (in ₹ crore) 1,25,000 Total amount of bids received (in ₹ crore) 17,892 Amount allotted (in ₹ crore) 17,892 Cut off Rate (%) 6.01 Weighted Average Rate (%) 6.01 Partial Allotment Percentage of bids received at cut off rate (%) NA

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,27,477.20 5.85 4.00-7.00 I. Call Money 18,423.34 5.87 4.95-6.05 II. Triparty Repo 4,16,314.00 5.83 5.70-6.10 III. Market Repo 1,90,944.01 5.90 4.00-6.15 IV. Repo in Corporate Bond 1,795.85 6.06 6.00-7.00

Government of India (GOI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹27,000 crore as per the following details:

Sr No

Security

Date of Repayment

Notified Amount

(₹ Crore)

GoI specific Notification

Auction

Date

Settlement Date

1

6.75% GS 2029

Dec 23, 2029

15,000

F.No.4(1)-B(W&M)/2025 dated
April 21, 2025

April 25, 2025 (Friday)

April 28, 2025

(Monday)

2

7.09% GS 2054

Aug 05, 2054

12,000

 

Total

27,000

 

 

 

2. GoI will have the option to retain additional subscription up to ₹2,000 crore against each security mentioned above.  

The Reserve Bank issued a draft circular on July 25, 2024 on ‘Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR) – Review of Haircuts on High Quality Liquid Assets (HQLA) and Run-off Rates on Certain Categories of Deposits’. The draft circular proposed certain amendments to the LCR framework and invited comments from banks and stakeholders. 2. The feedback received has been

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.