Press Releases

6.64% GS 2027 6.33% GS 2035 I. Notified Amount ₹6,000 crore ₹30,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 102.19/5.6939% 100.97/6.1969% III. Amount accepted in the auction ₹6,000 crore ₹30,000 crore IV. Devolvement on Primary Dealers NIL NIL

With a view to encourage original writing in Hindi on the subjects of Economics/ Finance/Banking and general interest, Reserve Bank of India conducts an Inter-bank Hindi Essay Competition every year. All Officers and Staff Members (Except Rajbhasha Officers and Translators) of Reserve Bank of India and Public Sector Banks and Regional Rural Banks (RRBs) sponsored by them, can participate in this competition. For the competition to be held for the year 2025-26 the topic is as under:

Tenor 3-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 8,721 Amount allotted (in ₹ crore) 8,721 Cut off Rate (%) 6.01 Weighted Average Rate (%) 6.01 Partial Allotment Percentage of bids received at cut off rate (%) NA

In the underwriting auction conducted on May 30, 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)

Money Market Operations as on May 29, 2025 (Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg)    Weighted Average Rate    Range A.    Overnight Segment (I+II+III+IV) 5,77,073.30    5.71    2.00-6.80 I. Call Money 15,981.90    5.78    4.85-5.82 II. Triparty Repo 3,88,926.60    5.72    5.66-5.80 III. Market Repo 1,71,005.60    5.69    2.00-6.80 IV. Repo in Corporate Bond 1,159.20    5.91    5.90-6.00 B.    Term Segment I. Notice Money** 70.00    5.67    5.45-5.85 II. Term Money@@ 405.00    -    6.05-6.15 

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. CO.DOS.SED.No. S1580/12-22-321/2025-2026 dated May 28, 2025, has issued certain Directions to The YASHWANT CO-OPERATIVE BANK Ltd., Phaltan, (“the bank”), whereby, as from the close of business on May 29, 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 May 28, 2025, a copy of which has been directed to be displayed on the bank's website / premises for perusal by interested members of the public. Considering the bank's present liquidity position, the bank has been directed not to allow withdrawal of any amount from savings bank or current accounts or any other account of a depositor but is allowed to set off loans against deposits subject to the conditions stated in the above RBI Directions. The bank may incur expenditure in respect of certain essential items such as salaries of employees, rent, electricity bills, etc., as specified in the said Directions.

The Reserve Bank of India (RBI) has, by an order dated May 27, 2025, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on Kunbi Sahakari Bank Ltd., Mumbai, Maharashtra (the bank) for non-compliance with the specific directions issued by RBI under Supervisory Action Framework (SAF) and certain directions issued by RBI on ‘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. 

As announced vide the Press Release 2024-2025/1933 dated January 15, 2025, the Reserve Bank will be conducting daily Variable Rate Repo (VRR) auctions on all working days in Mumbai with reversal taking place on the next working day, until further notice.

In exercise of the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank has cancelled the Certificate of Registration (CoR) issued to the following Non-Banking Financial Company (NBFC): Name of the NBFC Registered Office Address CoR No. CoR issued on Name of the service provider (mobile app)

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on May 30, 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