1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item    2022    2023    Variation Nov. 25    Nov. 17    Nov. 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    2944    17338    16275    -1062    13331 * Data are provisional; difference, if any, is due to rounding off.

The value of exports and imports of services during October 2023 is given in the following table.  International Trade in Services (US$ Million) Month    Receipts (Exports)    Payments (Imports) July – 2023    26,228 (8.1)    13,754 (-2.2) August – 2023    28,719 (8.4)    15,103

Tenor 14-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 22,468 Amount accepted (in ₹ crore) 22,468 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Director (Communications) Press Release: 2023-2024/1389

The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The status of withdrawal of ₹2000 banknotes has been periodically published by the RBI.  2. The facility for deposit and / or exchange of the ₹2000 banknotes was available at all bank branches in the country initially upto September 30, 2023, which was later extended upto October 07, 2023.

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs)    ALL SCHEDULED BANKS 18-Nov-22 03-NOV-2023* 17-NOV-2023* 18-Nov-22    03-NOV-2023* 17-NOV-2023* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 197683.51 242686.81 241123.31 200234.72 246100.18 244489.89 **  b) Borrowings from banks 59717.51 195603.02 186866.5 59825.5 195669.28 186961.73 c) Other demand & time liabilities 52717.05 72833.37 72004.03 53280.8    73572.49 72619.52

In the underwriting auctions conducted on December 01, 2023 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:  (₹ crore) Nomenclature of the Security Notified Amount Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten ACU Commission Cut-off rate (paise per ₹100)

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Musiri Urban Co-operative Bank Limited, Musiri vide Directive No. CHN.DoS.UCBs.No.S1135/12-01-849/ 2022-23 dated March 02, 2023, for a period of six months up to September 02, 2023, which was last extended up to December 02, 2023 vide Directive DOR.MON/D-63/12.25.135/2023-24 dated August 29, 2023. 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 December 02, 2023.

The Reserve Bank of India issued Directions to Shree Mahalaxmi Mercantile Co-operative Bank Ltd., Dabhoi, under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS), vide Directive AMD.DOS.SSM.No.S1561/11-03-203/2022-2023 dated March 02, 2023, for a period of six months up to September 03, 2023, which was last extended up to December 02, 2023 vide Directive DOR.MON/D-62/12.21.203/2023-24 dated August 29, 2023.

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Faiz Mercantile Cooperative Bank Ltd., Nashik Maharashtra vide Directive no. NGP.DOS.SSM 4.No.S1412/15-03-552/2022-2023 dated March 02, 2023, for a period of six months up to September 3, 2023 and modified from time to time which were last extended up to December 3, 2023 vide Directive DOR.MON.D-64/12.22.407/2023-24 dated August 31, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive beyond December 3, 2023.

 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 502,797.21 6.76 0.01-7.00 I. Call Money    11,115.29 6.78 5.00-6.90 II. Triparty Repo 351,036.80 6.76 6.50-6.80 III. Market Repo 140,345.12 6.78 0.01-6.89 IV. Repo in Corporate Bond 300.00 7.00 7.00-7.00 B. Term Segment I. Notice Money** 154.00 6.53 6.00-6.85 II. Term Money@@ 219.00    - 6.75-7.00 III. Triparty Repo 310.00 6.79 6.50-6.85 IV. Market Repo 1,101.45 7.10 7.10-7.10 V. Repo in Corporate Bond    0.00

The Reserve Bank of India (RBI) and the Bank of England (BoE) today signed a Memorandum of Understanding (MoU) concerning cooperation and exchange of information in relation to the Clearing Corporation of India Limited (CCIL). The MoU establishes a framework for the BoE to place reliance on RBI’s regulatory and supervisory activities while safeguarding UK financial stability. The MoU also demonstrates the importance of cross-border cooperation to facilitate international clearing activities and the BoE’s commitment to deference to other regulators’ regimes.

The Reserve Bank of India (RBI) has, by an order dated November 07, 2023, imposed a monetary penalty of ₹50,000/- (Rupees Fifty thousand only) on The Balasore Bhadrak Central Co-operative Bank Ltd., Balasore (the bank) for non-compliance with the directions issued by RBI on “Membership of Credit Information Companies (CICs)”. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 25 (1) (iii) read with section 23 (4) of the Credit Information Companies (Regulation) Act, 2005.

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on December 01, 2023, Friday, as under:  Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 14 10:30 AM to 11:00 AM December 15, 2023 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.  Ajit Prasad Director (Communications) Press Release: 2023-2024/1374

Data on sectoral deployment of bank credit for the month of September 20231 collected from 40 select scheduled commercial banks, accounting for about 93 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 credit2 registered a growth of 15.3 per cent in September 20233 as compared with 16.9 per cent a year ago. Highlights of the sectoral deployment of bank credit3 are given below:

Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of November 2023 are set out in Tables 1 to 7.

Today, the Reserve Bank released its quarterly house price index (HPI)1 (base: 2010-11=100) for Q2:2023-24, 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://dbieold.rbi.org.in/DBIE/dbie.rbi?site=statistics > Real Sector > Price & Wages> Quarterly).

Today, the Reserve Bank released data on the performance of the private corporate sector during the second quarter of 2023-24 drawn from abridged quarterly financial results of 2,835 listed non-government non-financial companies. These include data for Q2:2022-23 and Q1:2023-24 to enable comparison (web-link

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 525,397.55 6.77 0.01-7.02 I. Call Money 7,912.85 6.79 5.00-6.90 II. Triparty Repo 369,615.35 6.77 6.25-6.82 III. Market Repo 147,644.35 6.79 0.01-6.90 IV. Repo in Corporate Bond 225.00 7.02 7.02-7.02 B. Term Segment I. Notice Money** 5,024.15 6.84 5.75-6.98 II. Term Money@@ 1,933.00 - 6.55-7.07 III. Triparty Repo 1,000.00 6.87 6.85-6.88 IV. Market Repo 550.00 7.10 7.10-7.10 V. Repo in Corporate Bond 0.00 - -

The Reserve Bank of India (RBI) has, by an order dated November 03, 2023, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on The Dhrangadhra People’s Co-operative Bank Ltd., Dhrangadhra, Dist. Surendranagar, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47-A (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 November 13, 2023, imposed a monetary penalty of ₹1.50 lakh (Rupees One lakh and fifty thousand only) on The Patliputra Central Cooperative Bank Ltd, Bihar (the bank) for non-compliance with the directions issued by RBI on ‘The Depositor Education and Awareness Fund Scheme, 2014 – Section 26A of Banking Regulation Act, 1949 - Operational Guidelines’ and ‘Reserve Bank of India – (Know Your Customer (KYC)) Directions, 2016’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47-A (1) (c) read with Sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949.

The Reserve Bank of India has imposed a monetary penalty of ₹10,000/- (Rupees Ten thousand only) on Bank of America, N.A. in exercise of powers vested in the Reserve Bank under the provisions of Section 11(3) of FEMA, 1999, for violation of Reserve Bank of India’s instructions on reporting requirements under Liberalised Remittance Scheme of FEMA 1999.

The Reserve Bank of India has imposed a monetary penalty of ₹10,000/- (Rupees Ten Thousand only) on HDFC Bank Limited. in exercise of powers vested in the Reserve Bank under the provisions of Section 11(3) of FEMA, 1999, for violation of Reserve Bank of India’s directions on acceptance of deposits from non-residents.

The Reserve Bank of India (RBI) has, by an order dated October 30, 2023, imposed a monetary penalty of ₹1.50 lakh (Rupees One lakh fifty thousand only) on Patan Nagarik Sahakari Bank Ltd., Patan, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Loans and advances to directors, relatives and firms/concerns in which they are Interested’ read with ‘Loans and Advances to directors etc. - directors as surety/guarantors – Clarification’ and ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47-A (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 November 03, 2023, imposed a monetary penalty of ₹1.50 Lakh (Rupees One lakh fifty thousand only) on The Mandal Nagarik Sahakari Bank Ltd., Mandal, Dist. Ahmedabad, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Loans and advances to directors, relatives and firms/concerns in which they are interested’ read with ‘Loans and Advances to Directors etc. - Directors as surety/guarantors – Clarification’ and ‘Co-operative Banks - Interest Rate on Deposits’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47-A (1) (c) read with Sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949.

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on December 01, 2023.  As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under:

The Reserve Bank has today released data on Money Supply for the fortnight ended November 17, 2023 Ajit Prasad Director (Communications) Press Release: 2023-2024/664

The Reserve Bank has today released data on Reserve Money for the week ended November 24, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/1368

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹7000 Crore ₹8000 Crore ₹9000 Crore II. Competitive Bids Received (i) Number 103 94 146 (ii) Amount ₹22842.650 Crore ₹15387.150 Crore ₹27636.150 Crore III. Cut-off price / Yield 98.2944 96.5550 93.3463 (YTM:6.9599%) (YTM:7.1554%) (YTM:7.1476%) IV. Competitive Bids Accepted (i) Number 51 77 67

I. T-Bill 91 days 182 days 364 days II.    Total Face Value Notified ₹7,000 Crore ₹8,000 Crore ₹9,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price    98.2944 (YTM: 6.9599%) 96.5550 (YTM: 7.1554%)    93.3463 (YTM: 7.1476%) IV. Total Face Value Accepted ₹7,000 Crore ₹8,000 Crore ₹9,000 Crore Ajit Prasad Director(Communications) Press Release: 2023-2024/1366

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 571,516.68 6.79 0.01-7.80 I. Call Money 14,947.81 6.81 5.00-6.90 II. Triparty Repo 388,104.30 6.79 6.75-6.82 III. Market Repo 168,314.60 6.80 0.01-7.80 IV. Repo in Corporate Bond 149.97 7.05 7.05-7.05 B. Term Segment

The result of the auction of State Government Securities held on November 28, 2023 is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2035 CHHATTISGARH 2031 GOA 2033 GUJARAT 2026 Notified Amount 1000 1000 100 1000 Tenure 12 8 10 3 Competitive Bids Received (i) No. 79 50 12 75 (ii) Amount 4836 3627 430 6230 Cut-off Yield (%) 7.77 7.74 7.75 7.58 Competitive Bids Accepted (i) No. 45 22 4

Sr. No    State / UT    Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.77 12 2 Chhattisgarh 1000 1000 7.74 8 3 Goa 100 100 7.75 10 4 Gujarat 1000 1000 7.58 3 1000 1000 7.65 6 5 Haryana 500 500 7.71 10 1000 1000 7.75 12 6 Jammu and Kashmir 600 600 7.74 20

(Amount in ₹ crore, Rate in Per cent)MONEY MARKETS@ Volume(One Leg) WeightedAverage Rate RangeA. 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  

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 555,209.27 6.79 0.01-7.10 I. Call Money 13,372.58 6.81 5.00-6.92 II. Triparty Repo371,722.45 6.79 6.50-6.82 III. Market Rep 169,649.24 6.80 0.01-6.90

Today, the Reserve Bank of India releases Volume 43, No.2, 2022 of its Occasional Papers, a research journal containing contributions from its staff. This issue contains three articles and two book reviews.  Articles:  1. Cash versus Digital Payment Transactions in India: Decoding the Currency Demand Paradox

Government of India (GOI) has announced the sale (re-issue) of three 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    7.37% GS 2028    Oct 23, 2028    7,000

In terms of GOI Notification F.No.4(19) - W&M/2014 dated October 30, 2015 (SGB 2015-I - Issue date November 30, 2015) on Sovereign Gold Bond Scheme, the Gold Bonds shall be repayable on the expiration of eight years from the date of the issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be November 30, 2023.

1. Reserve Bank of India - Liabilities and Assets*(₹ Crore)Item20222023VariationNov. 4Oct. 27Nov. 3WeekYear123454 Loans and Advances4.1 Central Government000004.2 State Governments124602187126781491014321* Data are provisional; difference, if any, is due to rounding off.

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No.    Treasury Bill    Notified Amount (in ₹ Crore)    Auction Date    Settlement Date 1 91 Days    7,000    November 29, 2023 (Wednesday)    November 30, 2023 (Thursday) 2    182 Days    8,000 3    364 Days    9,000 Total    24,000

Auction Results  7.33% GS 2026 7.18% GS 2037 7.25% GS 2063 I. Notified Amount ₹8000 Crore ₹10000 Crore ₹12000 Crore II. Underwriting Notified Amount ₹8000 Crore ₹10000 Crore ₹12000 Crore III. Competitive Bids Received (i) Number 110 144 253

In exercise of the powers conferred under Section 36 AAA read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank has today superseded the Board of Directors of Abhyudaya Cooperative Bank Ltd., for a period of 12 months. Consequently, the Reserve Bank has appointed Shri Satya Prakash Pathak, former Chief General Manager of State Bank of India as “Administrator” to manage the affairs of the bank during this period. The Reserve Bank has

The Reserve Bank of India (RBI) has, by an order dated October 31, 2023, imposed a monetary penalty of ₹1.00 Crore (Rupees One crore only) on Indian Overseas Bank (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and Advances – Statutory and Other Restrictions’. 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) and 51(1) of the Banking Regulation Act, 1949.

The Reserve Bank of India (RBI) has, by an order dated November 02, 2023 imposed a monetary penalty of ₹4.34 crore (Rupees Four crore and thirty four lakh only) on Bank of Baroda (the bank) for non-compliance with certain directions issued by RBI on ‘Creation of a Central Repository of Large Common Exposures - Across Banks’ dated September 11, 2013 read with ‘Central Repository of Information on Large Credits (CRILC) –The Reserve Bank of India (RBI) has, by an order dated November 02, 2023 imposed a monetary penalty of ₹4.34 crore (Rupees Four crore and thirty four lakh only) on Bank of Baroda (the bank) for non-compliance with certain directions issued by RBI on ‘Creation of a Central Repository of Large Common Exposures - Across Banks’ dated September 11, 2013 read with ‘Central Repository of Information on Large Credits (CRILC) –The Reserve Bank of India (RBI) has, by an order dated November 02, 2023 imposed a monetary penalty of ₹4.34 crore (Rupees Four crore and thirty four lakh only) on Bank of Baroda (the bank) for non-compliance with certain directions issued by RBI on ‘Creation of a Central Repository of Large Common Exposures - Across Banks’ dated September 11, 2013 read with ‘Central Repository of Information on Large Credits (CRILC) –

The Reserve Bank of India (RBI) has, by an order dated November 02, 2023, imposed a monetary penalty of ₹5.00 crore (Rupees Five crore only) on Citibank N.A. (the bank) for contravention of Section 26A of the Banking Regulation Act, 1949 (the BR Act) read with Paragraph 3 of ‘The Depositor Education and Awareness Fund Scheme, 2014 – Section 26A of Banking Regulation Act, 1949 – Operational Guidelines’, Section 10(1)(b)(ii) of the BR Act, and non-compliance with RBI Directions on ‘Managing Risks and Code of Conduct in Outsourcing of Financial Services by banks’ read with ‘Reserve Bank of India (Know Your Customer (KYC)) Direction, 2016’.

7.33% GS 20267.18% GS 20377.25% GS 2063I.Notified Amount₹8,000 crore₹10,000 crore₹12,000 croreII.Cut off Price / Implicit Yield at cut-off100.15/7.2688%98.16/7.3947%96.99/7.4880%III.Amount accepted in the auction₹8,000 crore₹10,000 crore₹12,000 croreIV.Devolvement on Primary DealersNILNILNILShweta Sharma Deputy General ManagerPress Release: 2023-2024/1349

In the underwriting auctions conducted on November 24, 2023 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:

The Reserve Bank of India (RBI) has added the following entities/platforms/websites to the Alert List of unauthorized forex trading platforms. Updated Alert List is available here. Sr. No    Name    Website 1    Admiral Market    https://admiralmarkets.com 2    BlackBull    https://blackbull.com 3    Easy Markets    https://www.easymarkets.com

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume(One Leg)   Weighted Average Rate   Range A. Overnight Segment (I+II+III+IV)   526,375.06   6.80   0.01-7.05 I. Call Money   11,157.20   6.79   5.00-6.93 vII. Triparty Repo   368,441.10   6.80   6.25-6.82 III. Market Repo   146,501.76   6.81   0.01-6.92 IV. Repo in Corporate Bond   275.00   7.01

The Reserve Bank of India, vide Directive LKO.DOS.SED.No.S842/10-12-133/2022-2023 dated February 23, 2023 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), had placed the HCBL Co-operative Bank Ltd., Lucknow (U.P.) under Directions from the close of business on February 24, 2023. The validity of these Directions was extended time-to-time, last being up to November 24, 2023.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹35,300 Crore (Face Value). Sr. No.    State / UT    Amount to be raised (₹ Cr)    Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1 Andhra Pradesh 1000 - 12    Yield