Press Releases

The Reserve Bank of India (RBI) has, by an order dated May 30, 2025, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Jammu and Kashmir State Co-operative Bank Ltd., Srinagar (the bank) for non-compliance with certain directions issued by RBI on ‘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 (BR Act).

The Reserve Bank of India (RBI) has, by an order dated May 30, 2025, imposed a monetary penalty of ₹6.00 lakh (Rupees Six Lakh only) on The Citizen Co-operative Bank Ltd., Noida (the bank) for contravention of the provisions of Section 12B read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on ‘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 BR Act.

The result of the auction of State Government Securities held on June 03, 2025, is as under: (Amount in ₹ Crore) ANDHRA SGS 2034 ANDHRA SGS 2036 ANDHRA SGS 2037 ANDHRA SGS 2038 Notified Amount 1000 1500 1500 1500 Tenure 09 11 12 13 Competitive Bids Received (i) No. 63 53 39 35 (ii) Amount 5335 1745 2000 1745 Cut off Price (₹)/ Yield (%) 6.61 6.82 6.78 6.84 Competitive Bids Accepted

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 (RBI) has imposed, by an order dated May 30, 2025, a monetary penalty of ₹ 3 lakh (Rupees Three Lakh only) on The Bathinda Central Co-operative Bank Ltd., Bathinda, Punjab (the bank) for contravention of 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 conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the BR Act.

Sr. No. State Notified Amount (₹Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Andhra Pradesh 1000 1000 6.61 09 1500 1500 6.82 11 1500 1500 6.78 12 1500 1500 6.84 13 1500 1500 6.84 14 2. Chhattisgarh 500 500 103.10 / 6.1318 Re-issue of 7.08% Chhattisgarh SDL 2029, issued on February 24, 2021

Tenor 1-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 5,019 Amount allotted (in ₹ crore) 5,019 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) 5,92,508.67 5.67 0.01-6.75 I. Call Money 13,896.23 5.79 4.85-5.85 II. Triparty Repo 4,00,348.25 5.66 5.35-5.73 III. Market Repo 1,76,824.99 5.67 0.01-6.75 IV. Repo in Corporate Bond 1,439.20 5.88 6.85-6.75

Government of India (GOI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹32,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.92% GS 2039 Nov 18, 2039 16,000 F.No.4(1)-B(W&M)/2025 dated June 02, 2025 June 06, 2025 (Friday) June 09, 2025 (Monday) 2 6.90% GS 2065 Apr 15, 2065 16,000 Total 32,000

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.