Press Releases

Auction Results 7.02% GS 2031 7.23% GS 2039 7.09% GS 2054 I. Notified Amount ₹10,000 crore ₹13,000 crore ₹10,000 crore II. Underwriting Notified Amount ₹10,000 crore ₹13,000 crore ₹10,000 crore III. Competitive Bids Received (i) Number 102 231 254 (ii) Amount ₹24236.000 crore ₹41041.000 crore ₹25707.298 crore IV. Cut-off price / Yield 101.33 103.37 101.35 (YTM: 6.7662%) (YTM: 6.8590%) (YTM: 6.9806%) V. Competitive Bids Accepted (i) Number 41 66 139 (ii) Amount ₹9991.798 crore ₹12985.360 crore ₹9989.326 crore VI. Partial Allotment Percentage of Competitive Bids 1.96% 43.12% 45.32% (9 Bids) (22 Bids) (6 Bids)

7.02% GS 2031 7.23% GS 2039 7.09% GS 2054 I. Notified Amount ₹10,000 crore ₹13,000 crore ₹10,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 101.33/6.7662% 103.37/6.8590% 101.35/6.9806% III. Amount accepted in the auction ₹10,000 crore ₹13,000 crore ₹10,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL

Tenor 3-day Notified Amount (in ₹ crore) 1,25,000 Total amount of offers received (in ₹ crore) 54,755 Amount accepted (in ₹ crore) 54,755 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA

On a review of the current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on October 18, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,25,000 3 12:00 Noon to 12:30 PM October 21, 2024 (Monday)

Tenor 13-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 20,073 Amount accepted (in ₹ crore) 20,073 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA

In the underwriting auctions conducted on October 18, 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) 556,222.72 6.29 0.01-6.50 I. Call Money 8,226.89 6.43 5.10-6.50 II. Triparty Repo 406,519.90 6.28 6.16-6.40 III. Market Repo 140,522.93 6.31 0.01-6.50 IV. Repo in Corporate Bond 953.00 6.41 6.39-6.50 B. Term Segment I. Notice Money** 122.10 6.30 6.10-6.45 II. Term Money@@ 380.00 - 6.75-6.90 III. Triparty Repo 231.00 6.45 6.35-6.45 IV. Market Repo 98.04 6.55 6.55-6.55 V. Repo in Corporate Bond 0.00 - -

The Reserve Bank of India (RBl) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on Jila Sahakari Kendriya Bank Maryadit, Mandsaur, Madhya Pradesh (the bank), for contravention of the provisions of section 26A read with section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with section 46(4)(i) and section 56 of the BR Act.

The Reserve Bank of India (RBI) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on GoCapital Finance Limited, Chennai, Tamil Nadu (the company) for non-compliance with certain provisions of ‘Master Direction-Reserve Bank of India (Non-Banking Financial Company-Scale Based Regulation) Directions, 2023’, issued by RBI. This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of clause (b) of sub-section (1) of section 58G read with clause (aa) of sub-section (5) of section 58B of the Reserve Bank of India Act, 1934.

The Reserve Bank of India (RBI) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Kottarakara Co-operative Urban Bank Limited, Kerala (the bank) for non-compliance with specific directions issued by RBI under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

The Reserve Bank of India (RBI) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹3.00 lakh (Rupees Three Lakh only) on The Catholic Co-operative Urban Bank Limited, Telangana (the bank) for non-compliance with certain directions issued by RBI on ‘Maintenance of Deposit Accounts – Primary (Urban) Co-operative Banks’, ‘Management of advances-UCBs’ and ‘Loans and advances to directors, their relatives, and firms /concerns in which they are interested’. This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

The Reserve Bank of India has today, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934, issued Directions to the following NBFCs to cease and desist from sanction and disbursal of loans, effective from close of business of October 21, 2024:

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 18, 2024, Friday, as under:

I. Summary Results Aggregate amount (Face Value) notified by RBI ₹ 25,000.000 crore Total amount offered (Face Value) by participants ₹ 33,201.361 crore Total amount accepted (Face Value) by RBI ₹ 24,934.364 crore

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 23 – September 27, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 16 – September 20, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 09 – September 13, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 02 – September 06, 2024.

Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 40,385 Amount accepted (in ₹ crore) 40,385 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 18, 2024.