Press Releases

Tenor 14-day Notified Amount (in ₹ crore) 1,75,000 Total amount of offers received (in ₹ crore) 44,275 Amount accepted (in ₹ crore) 44,275 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA

In the underwriting auctions conducted on October 04, 2024, 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) 7.02% GS 2027 7,000 3,507 3,493 7,000 0.04 New GS 2034 22,000 11,004 10,996 22,000 0.08 7.46% GS 2073 10,000 5,019 4,981 10,000 0.10 Auction for the sale of securities will be held on October 04, 2024. 

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 543,858.34 6.23 1.11-6.65 I. Call Money 10,590.81 6.45 5.10-6.55 II. Triparty Repo 375,564.65 6.17 5.60-6.45 III. Market Repo 156,369.88 6.36 1.11-6.65 IV. Repo in Corporate Bond 1,333.00 6.50 6.50-6.50

The rate of interest on Government of India Floating Rate Bond 2028 (GOI FRB 2028) applicable for the half year October 04, 2024 to April 03, 2025 shall be 7.30 per cent per annum.

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on October 04, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,75,000 14 10:30 AM to 11:00 AM October 18, 2024 (Friday)

The Reserve Bank has today released data on Reserve Money for the week ended September 27, 2024 and Money Supply for the fortnight ended September 20, 2024.

Today the Reserve Bank of India placed on its website a Working Paper titled, “Vegetables Inflation in India: A Study of Tomato, Onion and Potato (TOP)” under the Reserve Bank of India Working Paper Series . The paper is co-authored by Ranjana Roy, Sanchit Gupta, Harsh Wardhan, Suvendu Sarkar, Soumasree Tewari, Rohan Bansal, Shelja Bhatia and Ashok Gulati.

Today the Reserve Bank of India placed on its website a Working Paper titled, “Pulses Inflation in India: A Study of Gram, Tur and Moong” under the Reserve Bank of India Working Paper Series . The paper is co-authored by Shyma Jose, Sanchit Gupta, Manish Kumar Prasad, Sandip Das, Asish Thomas George, Thangzason Sonna, D. Suganthi and Ashok Gulati.

Today the Reserve Bank of India placed on its website a Working Paper titled, “Price Dynamics and Value Chain of Fruits in India: A Study of Grapes, Bananas and Mangoes” under the Reserve Bank of India Working Paper Series . The paper is co-authored by Raya Das, Ranjana Roy, Sanchit Gupta, Sanjib Bordoloi, Rishabh Kumar, Renjith Mohan and Ashok Gulati.

Today the Reserve Bank of India placed on its website a Working Paper titled, “Livestock and Poultry Inflation in India: A Study of Milk, Poultry Meat and Eggs” under the Reserve Bank of India Working Paper Series . The paper is co-authored by Shyma Jose, Manish Kumar Prasad, Sabarni Chowdhury, Binod B. Bhoi, Vimal Kishore, Himani Shekhar and Ashok Gulati.