Press Releases

In terms of GOI Notification F.No.4(8) - W&M/2017 dated April 20, 2017 (SGB 2017-18 Series I - Issue date May 12, 2017) 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 next due date of premature redemption of the above tranche shall be November 12, 2024.

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 11, 2024, Monday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,75,000 3 10:00 AM to 10:30 AM November 14, 2024 (Thursday) 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.

The Reserve Bank of India (RBI) has, by an order dated November 08, 2024, imposed a monetary penalty of ₹59.20 lakh (Rupees Fifty-Nine Lakh and Twenty Thousand only) on South Indian Bank Limited (the bank) for non-compliance with certain directions issued by RBI on ‘Interest Rate on Deposits’ and ‘Customer Service in Banks’. 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 BR Act.

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 13, 2024 (Wednesday) November 14, 2024 (Thursday) 2 182 Days 6,000 3 364 Days 6,000 Total 19,000

The following State Governments/UT have offered to sell stock by way of auction, for an aggregate amount of ₹ 5,400.00 Crore (Face Value). Sr. No. State/UT Amount to be raised. (₹Crore) Tenure (Year) Type of Auction 1 Gujarat 1000 07 Yield 1000 09 Yield 2 Haryana 1500 13 Yield 3 Himachal Pradesh 500 15 Yield

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Nov. 3 Oct. 25 Nov. 1 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 26781 24079 31294 7214 4513 * Data are provisional; difference, if any, is due to rounding off.

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka vide Directive DOS.CO.UCB.BSD-III.D-2/12.23.283/2019-20 dated January 02, 2020, for a period of six months up to July 10, 2020, as modified from time to time, which were last extended up to the close of business on November 10, 2024 vide Directive DOR.MON/D-39/12.23.283/2024-25 dated August 08, 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 November 10, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 28 – October 31, 2024

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 21 – October 25, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 14 – October 18, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 14-10-2024 2,536 1,534 640 317 187 235 7,222 6,809 2,067 4,528 1,468 142 15-10-2024 5,175 1,378 1,120 502 397 410 14,247 19,420 3,323 10,502 3,027 201