Press Releases

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details:

The Reserve Bank of India (RBI) has, by an order dated April 10, 2024, imposed a monetary penalty of ₹88.70 lakh (Rupees Eighty Eight Lakh Seventy Thousand only) on SBM Bank (India) Ltd. (the bank) for non-compliance with licensing conditions imposed by the RBI, and specific RBI directions to stop undertaking Liberalised Remittance Scheme (LRS) transactions with immediate effect. This penalty has been imposed in exercise of powers vested in RBI conferred under the provisions of section 47A(1)(c) read with sections 46 (4)(i) of the Banking Regulation Act, 1949.

Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of May 2024 are set out in Tables 1 to 7. Highlights: Lending Rates: The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 9.55 per cent in April 2024 (9.37 per cent in March 2024). The WALR on outstanding rupee loans of SCBs was at 9.83 per cent in April 2024 (9.85 per cent in March 2024).[1] 1-Year median Marginal Cost of fund-based Lending Rate (MCLR) of SCBs moved to 8.79 per cent in May 2024 from 8.85 per cen

Today, the Reserve Bank released its quarterly house price index (HPI)1(base: 2010-11=100) for Q4:2023-24, based on transaction-level data received from the registration authorities in ten major cities2. Time series data on all-India and city-wise HPIs are available at the Bank’s database on Indian economy (DBIE) portal (https://cimsdbie.rbi.org.in/DBIE/#/dbie/home > Statistics > Real Sector > Prices & Wages).

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹19,500 Crore (Face Value).  Sr. No. State/UT Amount to be raised (₹Crore) Additional Borrowing (Greenshoe) Option (₹Crore) Tenure (Year) Type of Auction 1 Andhra Pradesh 1000 - 18 Yield 1000 - 20 Yield 1000 - 22 Yield 1000 - 25 Yield 2 Haryana 1500 - 10 Yield 3 Himachal Pradesh 500 - 10 Yield 700 - 12 Yield 4 Jammu and Kashmir 800 - 22 Yield 5 Kerala 2000 - 31 Yield 6 Meghalaya 200 - 10 Yield 7 Nagaland 300 - 10 Yield

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