Press Releases

On a review of the current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on November 18, 2024, Monday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 1 11:45 AM to 12:15 PM November 19, 2024 (Tuesday) 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.

Tenor 4-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 28,720 Amount accepted (in ₹ crore) 28,720 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 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) 5,797.85 6.28 5.50-6.60 I. Call Money 871.55 6.13 5.50-6.24 II. Triparty Repo 3,528.50 6.24 5.80-6.42 III. Market Repo 0.00 - - IV. Repo in Corporate Bond 1,397.80 6.47 6.40-6.60

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Nov. 10 Nov. 1 Nov. 8 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 20013 31294 37124 5830 17111 * Data are provisional; difference, if any, is due to rounding off.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹ 9,349.00 Crore (Face Value). Sr. No. State Amount to be raised. (₹Crore) Tenure (Year) Type of Auction 1. Bihar 2000 10 Yield 2. Goa 100 10 Yield 3. Kerala 1249 07 Yield 4. Odisha 1000 14 Yield 5. Tamil Nadu 2000 10 Yield 6. Uttar Pradesh 3000 08 Yield

The Reserve Bank of India (RBI) held the Second Conference of State Registrars of Cooperative Societies (RCSs) at its New Delhi office on November 14, 2024. The event was co-chaired by RBI Deputy Governors Shri M. Rajeshwar Rao and Shri Swaminathan J. and attended by senior RBI officials. Shri Rabindra Kumar Agarwal, Additional Secretary, Ministry of Cooperation, Government of India (GoI) and Central Registrar of Co-operative Societies (CRCS), and Shri Pankaj Kumar Bansal, Additional Secretary, Ministry of Cooperation, GoI participated in the Conference along with the Registrars of Cooperative Societies from various States.

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 21, 2024 (Thursday) November 22, 2024 (Friday) 2 182 Days 6,000 3 364 Days 6,000 Total 19,000 The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on November 18, 2024, Monday, as under

The Reserve Bank of India (RBI) has, by an order dated November 11, 2024, imposed a monetary penalty of ₹6.34 lakh (Rupees Six lakh thirty four thousand only) on The Jaynagar Mozilpur People’s Co-operative Bank Ltd., West Bengal (the bank) for non-compliance with certain directions issued by RBI on ‘Priority Sector Lending (PSL) - Targets and Classification’ and specific directions issued by RBI on making contribution to the Micro and Small Enterprises (MSE) Refinance Fund due to shortfall in achievement of PSL.

The Reserve Bank has today released data on Money Supply for the fortnight ended November 01, 2024.