The Reserve Bank has today released data on Reserve Money for the week ended July 25, 2025.

Treasury Bills: Full Auction Result (Amount in ₹ crore) Auction Results    91-Day    182-Day    364-Day I.    Notified Amount    10,000    6,000    5,000 II.    Competitive Bids Received    (i) Number    96    119    100 (ii) Amount    25,879.300    30,191.500    26,370.000 III.    Cut-off price / Yield    98.6723    97.3210    94.7400 (YTM: 5.3970%)    (YTM: 5.5206%)    (YTM: 5.5673%) 

I. T-Bill 91-Day 182-Day 364-Day II. Total Face Value Notified ₹10,000 Crore ₹6,000 Crore ₹5,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.6723 (YTM:5.3970%) 97.3210 (YTM: 5.5206%) 94.7400 (YTM: 5.5673%) IV. Total Face Value Accepted ₹10,000 Crore ₹6,000 Crore ₹5,000 Crore

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,03,317.34 5.32 1.00-6.30 I. Call Money 17,090.36 5.38 4.75-5.45 II. Triparty Repo 3,99,756.25 5.30 4.90-5.37 III. Market Repo 1,83,875.18 5.38 1.00-5.60 IV. Repo in Corporate Bond 2,595.55 5.51 5.42-6.30

The result of the auction of State Government Securities held on July 29, 2025, is as under: (Amount in ₹ Crore) ASSAM SGS 2032 HARYANA SGS 2039 HARYANA SGS 2040 HIMACHAL PR SGS 2047* Notified Amount 500 1000 1000 1000 Tenor 7 14 15 22 Competitive Bids Received (i) No. 13 40 30 32 (ii) Amount 1550 3005 1883 719 Cut-off Yield (%) 6.76 7.06 7.15 7.28 Cut off Price (₹) 100.00 100.00 100.00 100.00 Competitive Bids Accepted (i) No. 1 1 19 32

Sr. No. State Notified Amount (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Assam 500 500 6.76 07 2. Haryana 1000 1000 7.06 14 1000 1000 7.15 15 3. Himachal Pradesh* 1000 719.047 7.28 22 4. Kerala 2000 2000 7.17 26 5. Madhya Pradesh# 2000 2000 7.23 17 2000 - - 23

Tenor 3-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 46,058 Amount accepted (in ₹ crore) 46,058 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.48 Partial Acceptance Percentage of offers 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) 5,98,650.87 5.28 4.50-6.30 I. Call Money 16,044.93 5.35 4.75-5.40 II. Triparty Repo 3,88,160.45 5.26 4.50-6.27 III. Market Repo 1,91,849.94 5.32 5.00-5.50 IV. Repo in Corporate Bond 2,595.55 5.48 5.42-6.30

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Tuesday, July 29, 2025, as under:

The Reserve Bank of India (RBI) has been publishing a composite Reserve Bank of India – Digital Payments Index (RBI-DPI) since January 1, 2021 with March 2018 as base to capture the extent of digitisation of payments across the country. The index for March 2025 stands

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:

The Reserve Bank of India (RBl) has, by an order dated July 23, 2025, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on Smriti Nagrik Sahakari Bank Maryadit, Mandsaur (Madhya Pradesh) (the bank), for non-compliance with certain directions issued by RBI on ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach’ 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.

The Reserve Bank of India (RBI) has, by an order dated July 21, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Batlagundu Co-operative Urban Bank Limited, Tamil Nadu (the bank) for non-compliance with certain directions issued by RBI on ‘Prudential Norms on Capital Adequacy – Primary (Urban) Co-operative Banks (UCBs)’ and specific directions issued by RBI under ‘Supervisory Action Framework (SAF)’

The Reserve Bank has released the draft Master Direction on Business Authorization for Co-operative Banks. The comments on the draft Directions are invited from public/stakeholders till August 25, 2025. Comments/feedback may be submitted through the respective link under the ‘Connect 2 Regulate’ Section available on the RBI’s website or may alternatively be forwarded to:

MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range Overnight Segment (I+II+III+IV) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - -

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - -

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,00,423.27 5.35 4.75-6.40 I. Call Money 17,742.32 5.39 4.75-5.45 II. Triparty Repo 3,88,181.05 5.32 5.20-5.40 III. Market Repo 1,92,068.35 5.39 5.00-5.50 IV. Repo in Corporate Bond 2,431.55 5.58 5.50-6.40

The Central Government has nominated Ms. Anuradha Thakur, Secretary, Department of Economic Affairs, Ministry of Finance, Government of India as a Director on the Central Board of Reserve Bank of India vice Shri Ajay Seth. The nomination of Ms. Anuradha Thakur is effective from July 24, 2025 and until further orders.

In terms of GOI Notification F.No.4(20)-W&M/2017 dated July 06, 2017 (SGB 2017-18 Series-II - Issue date July 28, 2017) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be July 28, 2025.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹30,000 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Assam 500 07 Yield 2. Haryana 1000 14 Yield 1000 15 Yield 3. Himachal Pradesh 1000 22 Yield