6.01% GS 2030 7.09% GS 2074 I. Notified Amount ₹18,000 crore ₹12,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 98.65 / 6.3527% 96.30 / 7.3702% III. Amount accepted in the auction ₹18,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL

In the underwriting auction conducted on December 19, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,89,026.83 5.06 0.01-6.40 I. Call Money 16,291.54 5.36 4.50-5.50 II. Triparty Repo 4,77,284.75 5.15 4.80-5.87 III. Market Repo 1,93,038.24 4.82 0.01-5.55 IV. Repo in Corporate Bond 2,412.30 5.50 5.45-6.40

It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. AMD.DOS.SSM.No.S831/11-03-153/2025-2026 dated December 17, 2025 has issued certain Directions to The Valsad Mahila Nagrik Sahakari Bank Ltd., Valsad, Gujarat, (“the bank”), whereby, as from the close of business on December 18, 2025, the bank shall not, without prior approval of RBI in writing, grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets except as notified in the RBI Direction dated December 17, 2025, a copy of which has been directed to be displayed on the bank's

The Reserve Bank of India (RBI) has, by an order dated December 15, 2025, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on The Arakonam Co-operative Urban Bank Limited, Tamil Nadu (the bank) for contravention of provisions of Section 17 read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on ‘Exposure Norms and Statutory / Other Restrictions – UCBs’, ‘Management of Advances – UCBs’ 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 BR Act.

The Reserve Bank of India (RBI) has, by an order dated December 15, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty thousand only) on The Tamilnadu Circle Postal Co-operative Bank Limited, Tamil Nadu (the bank) for non-compliance with certain directions issued by RBI on ‘Exposure Norms and Statutory / Other Restrictions – UCBs’. 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 has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of October 2025.

Security 6.75% GS 2029 6.10% GS 2031 6.54% GS 2032 7.18% GS 2033 6.33% GS 2035 7.23% GS 2039 7.09% GS 2054 Total amount notified Aggregate amount of ₹50,000 crore (No security-wise notified amount)

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auction to be held on December 19, 2025 (Friday).

Tenor 4-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 50,053

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,65,765.77 5.30 0.01-6.50 I. Call Money 18,160.19 5.46 4.50-5.65 II. Triparty Repo 4,39,833.90 5.28 4.80-5.45 III. Market Repo 2,05,109.38 5.32 0.01-5.65 IV. Repo in Corporate Bond 2,662.30 5.61 5.50-6.50 B. Term Segment I. Notice Money** 254.00 5.37 4.85-5.50 II. Term Money@@ 1,177.00 - 5.50-5.90

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Thursday, December 18, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal

It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. GWH.DOS.ADM.No.S233/01-10-101/2025-2026 dated December 17, 2025, has issued certain Directions to The Gauhati Cooperative Urban Bank Ltd., whereby, as from the close of business on December 17, 2025, the bank shall not, without prior approval of RBI in writing, grant or renew any loans and advances, make any investment, incur any liability including

In terms of GOI notification F.No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series-XII-Issue date December 18, 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

The Reserve Bank has today released data on Reserve Money for the week ended December 12, 2025.

(Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 7,000 6,000 6,000 II. Competitive Bids Received (i) Number 159 96 85 (ii) Amount 34,427.18 17,599.34 15,600.00 III. Cut-off price / Yield 98.7012 97.3326 94.7963 (YTM: 5.2780%) (YTM: 5.4961%) (YTM: 5.5044%) IV. Competitive Bids Accepted

I. T-Bill 91-Day 182-Day 364-Day II. Total Face Value Notified ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.7012 (YTM:5.2780%) 97.3326 (YTM: 5.4961%) 94.7963 (YTM: 5.5044%) IV. Total Face Value Accepted ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore

Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 57,175 Amount allotted (in ₹ crore) 57,175 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Wednesday, December 17, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 10:15 AM to 10:45 AM December 18, 2025 (Thursday) 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,82,778.62 5.33 0.01-6.50 I. Call Money 22,735.79 5.41 4.50-5.70 II. Triparty Repo 4,46,366.65 5.32 5.15-5.60 III. Market Repo 2,11,013.88 5.36 0.01-6.00 IV. Repo in Corporate Bond 2,662.30 5.41 5.35-6.50 B. Term Segment I. Notice Money** 720.88 5.57 4.95-5.70

It is hereby notified for the information of the public that in exercise of powers vested in it under sub-section (1) of Section 35 A, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S6986/12-22-482/2025-2026 dated December 15, 2025, has issued certain Directions to Loknete R.D. (Appa) Kshirsagar Sahakari Bank Ltd, Niphad Tal. Niphad, Dist. Nashik, (“the bank”), whereby, as from the close of business on December 16, 2025, the bank shall not, without prior approval of RBI in writing, grant or renew any loans and

The result of the auction of State Government Securities held on December 16, 2025, is as under: (Amount in ₹ Crore)

Today, the Reserve Bank conducted a USD/INR Buy/Sell swap auction for a notified amount of USD 5 billion as announced vide press release dated December 08, 2025. I. Summary Results Aggregate amount notified (USD billion) 5.00 Total amount bid by participants (USD billion) 10.35 Total amount accepted (USD billion) 5.07 Cut-off premium (in paisa) 765.00

The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of November 2025.

Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 49,791 Amount allotted (in ₹ crore) 49,791 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.27 Partial Allotment Percentage of bids received at cut off rate (%) NA

On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Repo (VRR) auction on Tuesday, December 16, 2025, as under:

Tenor 10-day Notified Amount (in ₹ crore) 1,50,000 Total amount of bids received (in ₹ crore) 77,379 Amount allotted (in ₹ crore) 77,379 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 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) 6,71,225.92 5.12 1.00-5.60 I. Call Money 22,923.06 5.25 4.50-5.40 II. Triparty Repo 4,39,057.70 5.09 4.97-5.60 III. Market Repo 2,06,657.86 5.16 1.00-5.40 IV. Repo in Corporate Bond 2,587.30 5.30 5.21-5.50 B. Term Segment I. Notice Money** 466.30 5.20 4.85-5.25

Please refer to the press release 2025-2026/1697 dated December 12, 2025. On a review of current and evolving liquidity conditions, it has been decided to increase the notified amount for the

In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated April 13, 2020 (SGB 2020-21 Series III Issue date June 16, 2020) 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 due date of premature redemption of the above tranche shall be on December 16, 2025.

Government of India (GoI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹30,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.01% GS 2030 Jul 21, 2030 18,000 F.No.4(1)-B(W&M)/2025 dated December 15, 2025 December 19, 2025 (Friday) December 22, 2025 (Monday)

The Reserve Bank of India (RBI) has, by an order dated December 10, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One lakh only) on The Kovilpatti 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)’. 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.

A. Source Security 8.24% GS 2027 7.38% GS 2027 6.64% GS 2027 7.17% GS 2028 8.60% GS 2028 7.59% GS 2029 B. Notified Amount (in ₹ crore) 2,000 2,000 2,000 3,000 3,000 3,000 Destination Security 7.50% GS 2034 6.67% GS 2035 6.57% GS 2033 7.57% GS 2033 6.57% GS 2033 6.19% GS 2034 C. i. No. of offers received 16 25 4 29 28 17 ii. Total amount of Source Security offered (Face value, in ₹ crore) 3,057.559 3,269.369 2,480.000 6,092.932 7,058.109 4,517.363

(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 - - B. Term Segment I. Notice Money** 0.00 - -

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 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - -

Tenor 11-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 24,969 Amount allotted (in ₹ crore) 24,969 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 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) 6,82,981.07 5.06 0.01-6.15 I. Call Money 16,746.03 5.18 4.50-5.25 II. Triparty Repo 4,47,405.90 5.01 4.80-5.10 III. Market Repo 2,14,982.84 5.12 0.01-5.25 IV. Repo in Corporate Bond 3,846.30 6.00 5.25-6.15 B. Term Segment I. Notice Money** 110.00 5.12 4.80-5.23

On a review of current and evolving liquidity conditions, it has been decided to conduct Variable Rate Repo (VRR) auctions as under: Sl. No. Date of Auction Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1. December 15, 2025 (Monday) 75,000 11 09:30 AM to 10:00 AM December 26, 2025 (Friday) 2. December 16, 2025 (Tuesday) 75,000 10 09:30 AM to 10:00 AM December 26, 2025 (Friday)

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹17,850 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Assam 900 14 Yield 2. Chhattisgarh 1000 08 Yield 1000 Re-issue of 7.29% Chhattisgarh SGS 2030, issued on June 07, 2023 Price

The Reserve Bank of India, in exercise of the powers conferred under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949, has sanctioned the Scheme of Amalgamation of Amarnath Co-operative Bank Ltd., Ahmedabad, Gujarat with The Kalupur Commercial Co-operative Bank Ltd., Ahmedabad, Gujarat.

The Reserve Bank of India, in exercise of the powers conferred under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949, has sanctioned the Scheme of Amalgamation of The Amod Nagric Co-operative Bank Ltd., Amod, Gujarat with The Bhuj Mercantile Co-operative Bank Ltd.,

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (₹ crore) Auction Date Settlement Date 1 91-Day 7,000 December 17, 2025 (Wednesday) December 18, 2025 (Thursday) 2 182-Day 6,000 3 364-Day 6,000 Total 19,000

As announced vide the Press Release 2025-26/1635 dated December 05, 2025, the Reserve Bank will be conducting OMO purchase for an aggregate amount of ₹50,000 crore on December 18, 2025. 2. Accordingly, the Reserve Bank will purchase the following Government securities through a multi-security auction using the multiple price method:

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2024 2025 Variation Dec. 06 Nov. 28 Dec. 05 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 11131 0 0 0 -11131 4.2 State Governments 34432 18966 40349 21383 5917 * Data are provisional; difference, if any, is due to rounding off.

(Amount in ₹ Crore) Auction Results 6.68% GS 2040 6.90% GS 2065 I. Notified Amount 16,000 12,000 II. Competitive Bids Received (i) Number 260 170 (ii) Amount 36,063.000 32,398.000 III. Cut-off price / Yield 96.88 93.21 (YTM: 7.0250%) (YTM: 7.4340%) IV. Competitive Bids Accepted (i) Number 116 9 (ii) Amount 15,985.191 11,954.740

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 29-Nov-2024 14-Nov-2025* 28-Nov-2025* 29-Nov-2024 14-Nov-2025* 28-Nov-2025* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 273721.88 350935.17 322854.52 278500.30 357857.15 330191.04** b) Borrowings from banks 137597.04 81533.54 79669.56 137620.00 81560.54 79747.56 c) Other demand & time liabilities 24717.72 26997.34 31145.33 25053.36 27514.50 31611.67 II LIABILITIES TO OTHERS (A)

6.68% GS 2040 6.90% GS 2065 I. Notified Amount ₹16,000 crore ₹12,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 96.88/7.0250% 93.21/7.4340% III. Amount accepted in the auction ₹16,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL

In the underwriting auction conducted on December 12, 2025, 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: Nomenclature of the Security Notified Amount (₹crore) Minimum Underwriting Commitment (MUC) Amount (₹crore) Additional Competitive Underwriting Amount Accepted (₹crore) Total Amount underwritten (₹crore) ACU Commission Cut-off rate (Paise per ₹100) 6.68% GS 2040 16,000 8,001 7,999 16,000 1.80 6.90% GS 2065 12,000 6,006 5,994 12,000 1.34

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 7,11,545.29 5.09 3.00-6.25 I. Call Money 19,185.40 5.20 4.50-5.25 II. Triparty Repo 4,71,602.50 5.06 4.50-5.15 III. Market Repo 2,16,721.09 5.15 3.00-5.30 IV. Repo in Corporate Bond 4,036.30 5.34 5.30-6.25 B. Term Segment I. Notice Money** 246.33 5.17 4.80-5.25

The Reserve Bank of India (RBI) has, by an order dated December 9, 2025, imposed a monetary penalty of ₹13,000/- (Rupees Thirteen Thousand Only) on The Co-operative Urban Bank Limited, Parlakhemundi, Odisha (the bank) for non-compliance with specific directions issued by RBI under ‘Supervisory Action Framework (SAF)’ and certain directions issued by RBI on ‘Membership of Credit Information Companies by Co-operative Banks’. This penalty has been imposed in exercise of powers conferred on RBI

The Reserve Bank of India had, on October 1 2025, issued seven draft Directions on Transaction Accounts, viz., (i) Reserve Bank of India (Commercial Banks – Transaction Accounts) Directions, 2025; (ii) Reserve Bank of India (Small Finance Banks – Transaction Accounts) Directions, 2025; (iii) Reserve Bank of India (Payments Banks – Transaction Accounts) Directions, 2025; (iv) Reserve Bank of India (Local Area Banks – Transaction Accounts) Directions, 2025; (v) Reserve Bank of India (Regional Rural Banks – Transaction Accounts) Directions, 2025; (vi) Reserve Bank of India (Urban Co-operative Banks – Transaction Accounts) Directions, 2025; and (vii) Reserve Bank of India (Rural Co-operative Banks – Transaction Accounts) Directions, 2025 seeking feedback from stakeholders. The draft directions were aimed primarily at rationalising the extant provisions to provide greater flexibility to banks for opening and maintaining cash credit accounts, current accounts and overdraft accounts.

I. SUMMARY OMO PURCHASE RESULTS Aggregate Amount (Face value) notified by RBI    : ₹50,000 crore Total amount offered (Face value) by participants    : ₹1,11,615 crore Total amount accepted (Face value) by RBI    : ₹50,000 crore II. DETAILS OF OMO PURCHASE ISSUE

Today, the Reserve Bank of India released the 10th edition of its statistical publication, “Handbook of Statistics on Indian States, 2024-25”. Through this publication, the Reserve Bank disseminates wide-ranging data on the regional economies of India.

The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.

The following 4 Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auction to be held on December 12, 2025 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), are as under:

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume  (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 7,14,282.23 5.13 2.00-6.25 I. Call Money 21,047.97 5.20 4.50-5.28 II. Triparty Repo   4,75,856.95 5.11 4.90-5.15 III. Market Repo 2,13,376.01 5.17 2.00-5.35

Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹15,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction Source Securities Amount (FV) of Source Securities (in ₹ crore) Destination Securities December 15, 2025 (Monday) 8.24% GS 2027 (Maturing on Feb 15, 2027) 2,000 7.50% GS 2034 (Maturing on Aug 10, 2034) 7.38% GS 2027 (Maturing on Jun 20, 2027) 2,000 6.67% GS 2035 (Maturing on Dec 15, 2035) 6.64% GS 2027 (Maturing on Dec 09, 2027) 2,000 6.57% GS 2033 (Maturing on Dec 05, 2033) 7.17% GS 2028 (Maturing on Jan 08, 2028) 3,000 7.57% GS 2033 (Maturing on Jun 17, 2033) 8.60% GS 2028 (Maturing on Jun 02, 2028) 3,000 6.57% GS 2033 (Maturing on Dec 05, 2033) 7.59% GS 2029 (Maturing on Mar 20, 2029) 3,000 6.19% GS 2034 (Maturing on Sep 16, 2034) Total 15,000

In terms of GOI notification F.No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series-XI-Issue date December 11, 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 December 11, 2025.

In terms of GOI notification F.No. 4(7)-B(W&M)/2019 dated May 30, 2019 (SGB 2019-20 Series I Issue date June 11, 2019) 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 due date of premature redemption of the above tranche shall be on December 11, 2025.

The Reserve Bank has today released data on Reserve Money for the week ended December 05, 2025

(Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 7,000 6,000 6,000 II. Competitive Bids Received (i) Number 127 70 95 (ii) Amount 26,089.010 15,185.000 16,425.000 III. Cut-off price / Yield 98.7031 97.3409 94.8048 (YTM: 5.2702%) (YTM: 5.4785%) (YTM: 5.4949%) IV. Competitive Bids Accepted (i) Number 43 39 42 (ii) Amount 6,983.897 5,989.002 5,971.290

I. T-Bill 91-Day 182-Day 364-Day II. Total Face Value Notified ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.7031 (YTM:5.2702%) 97.3409 (YTM: 5.4785%) 94.8048 (YTM: 5.4949%)

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,93,452.85 5.12 3.00-6.25 I. Call Money 21,210.13 5.19 4.50-5.25 II. Triparty Repo 4,58,259.05 5.09 4.75-5.15 III. Market Repo 2,10,093.37 5.18 3.00-5.30 IV. Repo in Corporate Bond 3,890.30 5.35 5.25-6.25

It is hereby notified for the information of the public that in exercise of powers vested in it under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive No. CO.DOS.SED.No.S6690/12-22-173/2025-2026 dated December 08, 2025, has issued certain Directions to Nasik Jilha Mahila Vikas Sahakari Bank Ltd., Nasik (“the bank”), whereby, as from the close of business on December 09, 2025, the bank shall not,

In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series VII Issue date December 10, 2019) 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

The Governor, Reserve Bank of India, met the Managing Directors and Chief Executive Officers of Public Sector Banks and select Private Sector Banks in Mumbai today (December 9, 2025). These interactions form part of the Reserve Bank’s ongoing engagement with the senior management of regulated entities; the previous such meeting was held on January 27, 2025. The meetings were also attended by Deputy Governors Shri T Rabi Sankar, Shri Swaminathan J, Dr. Poonam Gupta and Shri S C Murmu, along with the Executive Directors-in-Charge of Supervision, Regulation, Enforcement, and Consumer Education and Financial Inclusion.

The Reserve Bank of India today placed on its website the Draft Circular on Disclosure of Transaction Cost for Foreign Exchange Transactions. Comments on the draft circular are invited from banks, market participants and other interested parties by January 09, 2026.

Sr. No. State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Arunachal Pradesh 375 375 7.55 20 2. Bihar 1500 1500 7.60 12 3. Gujarat 1000 1000 7.19 08 4. Haryana 1000 1000 7.52 16 1000 1000 7.52 17 5. Jammu and Kashmir 500 500 7.65 12

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,77,380.37 5.11 4.50-6.20 I. Call Money 19,226.72 5.19 4.50-5.30 II. Triparty Repo 4,35,729.30 5.08 4.97-5.20 III. Market Repo 2,17,829.05 5.16 4.51-5.90 IV. Repo in Corporate Bond 4,595.30 5.33 5.26-6.20

Government of India (GoI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹28,000 crore as per the following details: Sr No    Security    Date of Repayment    Notified Amount (₹ Crore)    GoI specific Notification    Auction Date    Settlement Date 1    6.68% GS 2040    Jul 07, 2040    16,000    F.No.4(1)-B(W&M)/2025 dated December 08, 2025    December 12, 2025 (Friday)    December 15, 2025 (Monday) 2    6.90% GS 2065    Apr 15, 2065    12,000

The Reserve Bank issued the regulatory framework for Rupee Interest Rate Derivative (IRD) in June 2019. Since then, the market for interest rate derivatives has developed with the availability of a larger bouquet of IRD products and increasing participation by residents and non-residents. A growing reliance of the financial system on market-based finance

     The Reserve Bank of India (RBl) has, by an order dated December 4, 2025, imposed a monetary penalty of ₹2.25 lakh (Rupees Two Lakh Twenty Five Thousand only) on The Yavatmal Urban Co-operative Bank Ltd., Yavatmal, Maharashtra (the bank), for non-compliance with certain directions issued by RBI on ‘Concentration Risk Management’, ‘Treatment of Wilful Defaulters and Large Defaulters’ and ‘Credit Information Reporting’. 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

The Reserve Bank of India (RBI) has, by an order dated December 1, 2025, imposed a monetary penalty of ₹50,000 (Rupees Fifty Thousand only) on The Assam Co-operative Apex Bank Limited, Guwahati (the bank) for non-compliance with certain directions issued by RBI on

The Reserve Bank of India (RBI) has, by an order dated December 5, 2025, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The Pattukottai Co-operative Urban Bank Limited, Tamil Nadu (the bank) for contravention of provisions

As announced vide the Press Release 2025-2026/1635 dated December 05, 2025, the Reserve Bank will be conducting a USD/INR Buy/Sell swap auction of USD 5 billion for a tenor of thirty-six months. The details of the auction are as under:

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan vide Directive DCBS.CO.BSD-I/D-2/12.27.215/2018-19 dated October 26, 2018, for a period of six months up to May 09, 2019 as modified from time to time, which were last extended up to December 09,

(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 - - B. Term Segment I. Notice Money** 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) 20,203.49 5.23 4.00-5.50 I. Call Money 805.80 4.93 4.70-5.40 II. Triparty Repo 19,002.10 5.25 4.80-5.50 III. Market Repo 395.59 4.83 4.00-5.20 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - -

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Amanath Co-operative Bank Ltd., Bangalore vide Directive No. CO.DOS.SED.No.S1931/12.23.001/2024-25 dated June 12, 2024, for a period of six months up to close of business on December 12, 2024. 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 December 12, 2025.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 10,360.92 5.21 4.50-6.18 I. Call Money 1,528.95 5.12 4.70-5.40 II. Triparty Repo 3,836.65 5.04 4.50-5.50 III. Market Repo 252.02 4.80 4.75-5.00 IV. Repo in Corporate Bond 4,743.30 5.40 5.35-6.18 B. Term Segment I. Notice Money** 20,764.27 5.33 4.60-5.50

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹15,964 Crore (Face Value) Sr. No. State/ UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Arunachal Pradesh 375 20 Yield 2. Bihar 1500 12 Yield 3. Gujarat 1000 08 Yield 4. Haryana 1000 16 Yield 1000 17 Yield 5. Jammu and Kashmir 500 12 Yield 6. Maharashtra 1000 10 Yield 1000 20 Yield 1000 Re-issue of 7.20% Maharashtra SGS 2034, issued on December 03, 2025 Price

The Reserve Bank of India (RBI) has, by an order dated December 2, 2025, imposed a monetary penalty of ₹6.20 lakh (Rupees Six Lakh Twenty Thousand only) on Bansal Credits Limited (the company) for non-compliance with certain provisions of the ‘Reserve Bank of India (Know Your Customer (KYC)) Directions’ issued by RBI. This penalty has been imposed in exercise of powers conferred on RBI under section 58G(1)(b) read with section 58B(5)(aa) of the Reserve Bank of India Act, 1934.

The Reserve Bank of India (RBI) has, by an order dated December 02, 2025, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on Keertana Finserv Limited (formerly known as Keertana Finserv Private Limited) (the company) for non-compliance with certain directions issued by RBI on ‘Governance’ issues. This penalty has

The Reserve Bank of India (RBI) has, by an order dated December 01, 2025, imposed a monetary penalty of ₹99.30 lakh (Rupees Ninety nine lakh thirty thousand only) on Jammu and Kashmir Bank Limited (the bank) for contravention of the provisions of section 26A of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on ‘Internal Ombudsman Scheme 2018’, ‘Customer Service in Banks’, and ‘Know Your Customer (KYC) Directions’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47 A(1)(c) read with Section 46(4)(i) of the BR Act.

The Reserve Bank of India (RBI) has, by an order dated December 03, 2025, imposed a monetary penalty of ₹3,10,000/- (Rupees Three Lakh Ten Thousand only) on Truhome Finance Limited (formerly known as Shriram Housing Finance Limited) (the company) for non-compliance with certain provisions of the Reserve Bank of India (Know Your Customer (KYC)) Directions issued by RBI. This penalty has been imposed in exercise of powers conferred on RBI under Section 52A of the National Housing Bank Act, 1987.

The Reserve Bank has today granted ‘in-principle’ approval to Fino Payments Bank Limited (FPBL) for conversion into a Small Finance Bank (SFB). Background RBI has issued the Guidelines for ‘on tap’ licensing of SFBs in the private sector (the guidelines). As per the guidelines, existing Payments Banks which are controlled by residents and have completed five years of operations are eligible for conversion into SFBs. The application of FPBL was assessed as per the procedure laid down in the guidelines.

The rate of interest on Government of India Floating Rate Bond 2031 (FRB 2031) applicable for the half year December 07, 2025 to June 06, 2026 shall be 6.52 per cent per annum. It may be recalled that FRB 2031 carries a coupon, which has a base rate equivalent to the average of the Weighted Average Yield of last three auctions (from the rate fixing day i.e. December 07, 2025) of 182 Day T-Bills, plus a fixed spread of One per cent.

As announced vide the Press Release 2025-26/1635 dated December 05, 2025, the Reserve Bank will be conducting OMO purchase for an aggregate amount of ₹50,000 crore on December 11, 2025. 2. Accordingly, the Reserve Bank will purchase the following Government securities through a multi-security auction using the multiple price method:

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

The Reserve Bank of India today released on its website the results of the following Surveys: Urban Consumer Confidence Survey (UCCS) – November 2025 Rural Consumer Confidence Survey (RCCS) – November 2025 Inflation Expectations Survey of Households (IESH) – November 2025 Survey of Professional Forecasters on Macroeconomic Indicators – Round1 97th The Survey results are based on the feedback received from the respondents to the Surveys and do not necessarily reflect the views of the Reserve Bank of India.

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2024 2025 Variation Nov. 29 Nov. 21 Nov. 28 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 16465 27060 18966 -8094 2501 * Data are provisional; difference, if any, is due to rounding off.

The Reserve Bank of India had issued draft circular on ‘Forms of Business and Prudential Regulation for Investments’ on October 04, 2024, seeking feedback from banks and other stakeholders. The objective of the draft circular was to review regulations on ringfencing of banks’ core business from other risk bearing non-core businesses as also to provide level playing field.

(Amount in ₹ Crore) Auction Results 6.48% GS 2035 I. Notified Amount 32,000 II. Competitive Bids Received (i) Number 334 (ii) Amount 65,371.890 III. Cut-off price / Yield 99.93 (YTM: 6.4881%)

6.48% GS 2035 I. Notified Amount ₹32,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 99.93 /6.4881% III. Amount accepted in the auction ₹32,000 crore IV. Devolvement on Primary Dealers NIL

Tenor 3-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 1,07,887 Amount accepted (in ₹ crore) 1,00,024 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate 91.06