Press Releases - Monetary Policy - RBI - Reserve Bank of India
Press Releases
Mar 06, 2020
Special Liquidity Operations for Financial Year End
With a view to address any additional demand for liquidity and to provide flexibility to the banking system in its liquidity management towards the year end, the Reserve Bank of India has decided to conduct the following fine-tuning variable rate Repo auctions: Sl. No. Date of Auction Notified Amount (₹ crores) Tenor (days) Window Timing Date of Reversal 1 March 30, 2020 25,000 8 11:00 am to 11:30 am April 7, 2020 2 March 31, 2020 25,000 3 11:00 am to 11:30 am April 3
With a view to address any additional demand for liquidity and to provide flexibility to the banking system in its liquidity management towards the year end, the Reserve Bank of India has decided to conduct the following fine-tuning variable rate Repo auctions: Sl. No. Date of Auction Notified Amount (₹ crores) Tenor (days) Window Timing Date of Reversal 1 March 30, 2020 25,000 8 11:00 am to 11:30 am April 7, 2020 2 March 31, 2020 25,000 3 11:00 am to 11:30 am April 3
PDF (
Mar 04, 2020
Reserve Money for the week ended February 28, 2020
The Reserve Bank has today released data on Reserve Money for the week ended February 28, 2020. Ajit Prasad Director Press Release : 2019-2020/2020
The Reserve Bank has today released data on Reserve Money for the week ended February 28, 2020. Ajit Prasad Director Press Release : 2019-2020/2020
Mar 02, 2020
Result of 3-year Long Term Repo Operation (LTRO), March 2, 2020
Today, the Reserve Bank conducted the third long term repo operation (LTRO) for a notified amount of ₹25,000 crore with a 3-year tenor in pursuance of the LTROs announced vide press release dated February 25, 2020. 2. The total bids that were received amounted to ₹1,71,965 crore, implying a bid to cover ratio (i.e., the amount of bids received relative to the notified amount) of 6.9. 3. Allotment was done for all bids on a pro-rata basis as given below: Tenor 3-year D
Today, the Reserve Bank conducted the third long term repo operation (LTRO) for a notified amount of ₹25,000 crore with a 3-year tenor in pursuance of the LTROs announced vide press release dated February 25, 2020. 2. The total bids that were received amounted to ₹1,71,965 crore, implying a bid to cover ratio (i.e., the amount of bids received relative to the notified amount) of 6.9. 3. Allotment was done for all bids on a pro-rata basis as given below: Tenor 3-year D
Feb 28, 2020
Sectoral Deployment of Bank Credit-January 2020
Data on sectoral deployment of bank credit collected from select 39 scheduled commercial banks, accounting for about 90 per cent of the total non-food credit deployed by all scheduled commercial banks, for the month of January 2020 are set out in Statement I and II. Highlights of the sectoral deployment of bank credit are given below: Credit growth to agriculture & allied activities decelerated to 6.5 per cent in January 2020 from 7.6 per cent in January 2019. Cre
Data on sectoral deployment of bank credit collected from select 39 scheduled commercial banks, accounting for about 90 per cent of the total non-food credit deployed by all scheduled commercial banks, for the month of January 2020 are set out in Statement I and II. Highlights of the sectoral deployment of bank credit are given below: Credit growth to agriculture & allied activities decelerated to 6.5 per cent in January 2020 from 7.6 per cent in January 2019. Cre
Feb 28, 2020
Result of the 14-day Variable Rate Reverse Repo auction held on February 28, 2020
Tenor 14-day Notified Amount (in ₹ crore) 2,80,000 Total amount of offers received (in ₹ crore) 1,62,725 Amount accepted (in ₹ crore) 1,62,725 Cut off Rate (%) 5.14 Weighted Average Rate (%) 5.13 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Director Press Release: 2019-2020/1997
Tenor 14-day Notified Amount (in ₹ crore) 2,80,000 Total amount of offers received (in ₹ crore) 1,62,725 Amount accepted (in ₹ crore) 1,62,725 Cut off Rate (%) 5.14 Weighted Average Rate (%) 5.13 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Director Press Release: 2019-2020/1997
Feb 27, 2020
RBI to conduct 14-day Variable Rate Reverse Repo auction under LAF on February 28, 2020
The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auction on February 28, 2020, Friday, under the revised Liquidity Management Framework issued on February 6, 2020. Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,80,000 14 2:30 pm to 3:00 pm March 13, 2020 (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 t
The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auction on February 28, 2020, Friday, under the revised Liquidity Management Framework issued on February 6, 2020. Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,80,000 14 2:30 pm to 3:00 pm March 13, 2020 (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 t
Feb 26, 2020
Reserve Money for the week ended February 21, 2020 and Money Supply for the fortnight ended February 14, 2020
The Reserve Bank has today released data on Reserve Money for the week ended February 21, 2020 and Money Supply for the fortnight ended February 14, 2020. Rupambara Director Press Release : 2019-2020/1990
The Reserve Bank has today released data on Reserve Money for the week ended February 21, 2020 and Money Supply for the fortnight ended February 14, 2020. Rupambara Director Press Release : 2019-2020/1990
Feb 25, 2020
Long Term Repo Operations (LTROs)
As announced in the Statement on Developmental and Regulatory Policies on February 06, 2020, the Reserve Bank conducted two LTROs for 3-year and 1-year tenor for ₹25,000 crores each on February 17 and 24, respectively. 2. In continuation, it has been decided to conduct the following LTROs: Sl. No. Date Notified Amount (₹ crores) Tenor Window Timing Date of Reversal 1 March 02, 2020 (Monday) 25,000 3-year 11:00 am to 11:30 am March 01, 2023 (Wednesday) 2 March 09, 2020
As announced in the Statement on Developmental and Regulatory Policies on February 06, 2020, the Reserve Bank conducted two LTROs for 3-year and 1-year tenor for ₹25,000 crores each on February 17 and 24, respectively. 2. In continuation, it has been decided to conduct the following LTROs: Sl. No. Date Notified Amount (₹ crores) Tenor Window Timing Date of Reversal 1 March 02, 2020 (Monday) 25,000 3-year 11:00 am to 11:30 am March 01, 2023 (Wednesday) 2 March 09, 2020
Feb 24, 2020
Result of 1-year Long Term Repo Operation (LTRO), February 24, 2020
Today, the Reserve Bank conducted the second long term repo operation (LTRO) for a notified amount of ₹ 25,000 crore with a 1-year tenor in pursuance of the LTROs announced vide press release dated February 7, 2020. 2. The total bids that were received amounted to ₹ 1,23,154 crore, implying a bid to cover ratio (i.e., the amount of bids received relative to the notified amount) of 4.9. 3. Allotment was done for all bids on a pro-rata basis as given below: Tenor 1-year
Today, the Reserve Bank conducted the second long term repo operation (LTRO) for a notified amount of ₹ 25,000 crore with a 1-year tenor in pursuance of the LTROs announced vide press release dated February 7, 2020. 2. The total bids that were received amounted to ₹ 1,23,154 crore, implying a bid to cover ratio (i.e., the amount of bids received relative to the notified amount) of 4.9. 3. Allotment was done for all bids on a pro-rata basis as given below: Tenor 1-year
Feb 20, 2020
Reserve Money for the week ended February 14, 2020
The Reserve Bank has today released data on Reserve Money for the week ended February 14, 2020. Rupambara Director Press Release : 2019-2020/1973
The Reserve Bank has today released data on Reserve Money for the week ended February 14, 2020. Rupambara Director Press Release : 2019-2020/1973
Feb 20, 2020
Minutes of the Monetary Policy Committee Meeting February 4 to 6, 2020
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The twenty first meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held during February 4 to 6, 2020 at the Reserve Bank of India, Mumbai. 2. The meeting was attended by all the members – Dr. Chetan Ghate, Professor, Indian Statistical Institute; Dr. Pami Dua, former Director, Delhi School of Economics; Dr. Ravindra H. Dholakia, former P
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The twenty first meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held during February 4 to 6, 2020 at the Reserve Bank of India, Mumbai. 2. The meeting was attended by all the members – Dr. Chetan Ghate, Professor, Indian Statistical Institute; Dr. Pami Dua, former Director, Delhi School of Economics; Dr. Ravindra H. Dholakia, former P
Feb 17, 2020
Result of 3-year Long Term Repo Operation (LTRO), February 17, 2020
Today, the Reserve Bank conducted the first long term repo operation (LTRO) for a notified amount of ₹ 25,000 crore with a 3-year tenor in pursuance of the LTROs announced vide press release dated February 7, 2020. 2. The response to the LTRO has been highly encouraging. The total bids that were received amounted to ₹ 1,94,414 crore, implying a bid to cover ratio (i.e., the amount of bids received relative to the amount announced) of 7.8. The total amount of bids has,
Today, the Reserve Bank conducted the first long term repo operation (LTRO) for a notified amount of ₹ 25,000 crore with a 3-year tenor in pursuance of the LTROs announced vide press release dated February 7, 2020. 2. The response to the LTRO has been highly encouraging. The total bids that were received amounted to ₹ 1,94,414 crore, implying a bid to cover ratio (i.e., the amount of bids received relative to the amount announced) of 7.8. The total amount of bids has,
Feb 14, 2020
Liquidity Adjustment Facility: Fixed Rate Reverse Repo Operations
The result of the RBI Fixed Rate Reverse Repo Operations held between 5:30 pm and 7:30 pm on February 13, 2020 is as under: Amount (Face Value in ₹ Crore) Items Overnight Reverse Repo Operation 4.90% Fixed Rate 1. Bids received (i) Number 90 (ii) Amount 45,220 2. Bids accepted (i) Number 90 (ii) Amount 45,220 Ajit Prasad Director Press Release: 2019-2020/1948
The result of the RBI Fixed Rate Reverse Repo Operations held between 5:30 pm and 7:30 pm on February 13, 2020 is as under: Amount (Face Value in ₹ Crore) Items Overnight Reverse Repo Operation 4.90% Fixed Rate 1. Bids received (i) Number 90 (ii) Amount 45,220 2. Bids accepted (i) Number 90 (ii) Amount 45,220 Ajit Prasad Director Press Release: 2019-2020/1948
Feb 14, 2020
Result of the 14-day Variable Rate Reverse Repo auction held on February 14, 2020
Tenor 14-day Notified Amount (in ₹ crore) 2,25,000 Total amount of offers received (in ₹ crore) 1,12,429 Amount accepted (in ₹ crore) 1,12,429 Cut off Rate (%) 5.14 Weighted Average Rate (%) 5.13 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Director Press Release : 2019-2020/1950
Tenor 14-day Notified Amount (in ₹ crore) 2,25,000 Total amount of offers received (in ₹ crore) 1,12,429 Amount accepted (in ₹ crore) 1,12,429 Cut off Rate (%) 5.14 Weighted Average Rate (%) 5.13 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Director Press Release : 2019-2020/1950
Feb 13, 2020
Liquidity Adjustment Facility: Fixed Rate Reverse Repo Operations
The result of the RBI Fixed Rate Reverse Repo Operations held between 5:30 pm and 7:30 pm on February 12, 2020 is as under: Amount (Face Value in ₹ Crore) Items Overnight Reverse Repo Operation 4.90% Fixed Rate 1. Bids received (i) Number 75 (ii) Amount 35,826 2. Bids accepted (i) Number 75 (ii) Amount 35,826 Ajit Prasad Director Press Release: 2019-2020/1940
The result of the RBI Fixed Rate Reverse Repo Operations held between 5:30 pm and 7:30 pm on February 12, 2020 is as under: Amount (Face Value in ₹ Crore) Items Overnight Reverse Repo Operation 4.90% Fixed Rate 1. Bids received (i) Number 75 (ii) Amount 35,826 2. Bids accepted (i) Number 75 (ii) Amount 35,826 Ajit Prasad Director Press Release: 2019-2020/1940
Feb 13, 2020
RBI to conduct 14-day Variable Rate Reverse Repo auction under LAF on February 14, 2020
The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auction on February 14, 2020, Friday, under the revised Liquidity Management Framework issued on February 6, 2020. Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,25,000 14 2:30 pm to 3:00 pm February 28, 2020 (Friday) Operational Guidelines:1) The auction will be conducted on CBS (e-Kuber) platform.2) The minimum bid amount for the auction would be Rupees
The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auction on February 14, 2020, Friday, under the revised Liquidity Management Framework issued on February 6, 2020. Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,25,000 14 2:30 pm to 3:00 pm February 28, 2020 (Friday) Operational Guidelines:1) The auction will be conducted on CBS (e-Kuber) platform.2) The minimum bid amount for the auction would be Rupees
Feb 13, 2020
Clarifications / Frequently Asked Questions (FAQs) on LTROs
The Reserve Bank had announced Long Term Repo Operations (LTROs) for one-year and three-year tenors and operational guidelines for the same, vide Press release dated February 07, 2020. In this regard, the following clarifications are being issued: Sl. No. Query Clarification 1. What is the maximum amount that a single market participant can bid in LTROs? A market participant can place bids of amount less than or equal to the notified amount. RBI may reject all the bid
The Reserve Bank had announced Long Term Repo Operations (LTROs) for one-year and three-year tenors and operational guidelines for the same, vide Press release dated February 07, 2020. In this regard, the following clarifications are being issued: Sl. No. Query Clarification 1. What is the maximum amount that a single market participant can bid in LTROs? A market participant can place bids of amount less than or equal to the notified amount. RBI may reject all the bid
Feb 13, 2020
Result of the Overnight Variable Rate Reverse Repo Auction held on February 13, 2020
Tenor Overnight Notified Amount (in ₹ crore) 1,40,000 Total amount of offers received (in ₹ crore) 1,79,646 Amount accepted (in ₹ crore) 1,40,016 Cut off Rate (%) 4.96 Weighted Average Rate (%) 4.95 Partial Acceptance Percentage of offers received at cut off rate 98.68 Ajit Prasad Director Press Release : 2019-2020/1943
Tenor Overnight Notified Amount (in ₹ crore) 1,40,000 Total amount of offers received (in ₹ crore) 1,79,646 Amount accepted (in ₹ crore) 1,40,016 Cut off Rate (%) 4.96 Weighted Average Rate (%) 4.95 Partial Acceptance Percentage of offers received at cut off rate 98.68 Ajit Prasad Director Press Release : 2019-2020/1943
Feb 13, 2020
Liquidity Adjustment Facility: Fixed Rate Repo Operations
The result of the RBI Fixed Rate Repo Operations held on February 13, 2020 is as under: Amount (Face Value in ₹ Crore) Items Overnight Repo Operations 5.15% Fixed Rate 1. Bids received (i) Number 5 (ii) Amount 1,895 2. Bids Accepted (i) Number 5 (ii) Amount 1,895 Ajit Prasad Director Press Release: 2019-2020/1942
The result of the RBI Fixed Rate Repo Operations held on February 13, 2020 is as under: Amount (Face Value in ₹ Crore) Items Overnight Repo Operations 5.15% Fixed Rate 1. Bids received (i) Number 5 (ii) Amount 1,895 2. Bids Accepted (i) Number 5 (ii) Amount 1,895 Ajit Prasad Director Press Release: 2019-2020/1942
Feb 12, 2020
Liquidity Adjustment Facility: Fixed Rate Reverse Repo Operations
The result of the RBI Fixed Rate Reverse Repo Operations held between 5:30 pm and 7:30 pm on February 11, 2020 is as under: Amount (Face Value in ₹ Crore) Items Overnight Reverse Repo Operation 4.90% Fixed Rate 1. Bids received (i) Number 79 (ii) Amount 29,251 2. Bids accepted (i) Number 79 (ii) Amount 29,251 Ajit Prasad Director Press Release: 2019-2020/1931
The result of the RBI Fixed Rate Reverse Repo Operations held between 5:30 pm and 7:30 pm on February 11, 2020 is as under: Amount (Face Value in ₹ Crore) Items Overnight Reverse Repo Operation 4.90% Fixed Rate 1. Bids received (i) Number 79 (ii) Amount 29,251 2. Bids accepted (i) Number 79 (ii) Amount 29,251 Ajit Prasad Director Press Release: 2019-2020/1931
Install the RBI mobile application and get quick access to the latest news!
Page Last Updated on: November 21, 2024
