Press Releases - RBI - Reserve Bank of India
Press Releases
In the underwriting auctions conducted on October 18, 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:
In the underwriting auctions conducted on October 18, 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:
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 556,222.72 6.29 0.01-6.50 I. Call Money 8,226.89 6.43 5.10-6.50 II. Triparty Repo 406,519.90 6.28 6.16-6.40 III. Market Repo 140,522.93 6.31 0.01-6.50 IV. Repo in Corporate Bond 953.00 6.41 6.39-6.50 B. Term Segment I. Notice Money** 122.10 6.30 6.10-6.45 II. Term Money@@ 380.00 - 6.75-6.90 III. Triparty Repo 231.00 6.45 6.35-6.45 IV. Market Repo 98.04 6.55 6.55-6.55 V. Repo in Corporate Bond 0.00 - -
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 556,222.72 6.29 0.01-6.50 I. Call Money 8,226.89 6.43 5.10-6.50 II. Triparty Repo 406,519.90 6.28 6.16-6.40 III. Market Repo 140,522.93 6.31 0.01-6.50 IV. Repo in Corporate Bond 953.00 6.41 6.39-6.50 B. Term Segment I. Notice Money** 122.10 6.30 6.10-6.45 II. Term Money@@ 380.00 - 6.75-6.90 III. Triparty Repo 231.00 6.45 6.35-6.45 IV. Market Repo 98.04 6.55 6.55-6.55 V. Repo in Corporate Bond 0.00 - -
The Reserve Bank of India (RBl) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on Jila Sahakari Kendriya Bank Maryadit, Mandsaur, Madhya Pradesh (the bank), for contravention of the provisions of section 26A read with section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with section 46(4)(i) and section 56 of the BR Act.
The Reserve Bank of India (RBl) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on Jila Sahakari Kendriya Bank Maryadit, Mandsaur, Madhya Pradesh (the bank), for contravention of the provisions of section 26A read with section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with section 46(4)(i) and section 56 of the BR Act.
The Reserve Bank of India (RBI) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on GoCapital Finance Limited, Chennai, Tamil Nadu (the company) for non-compliance with certain provisions of ‘Master Direction-Reserve Bank of India (Non-Banking Financial Company-Scale Based Regulation) Directions, 2023’, issued by RBI. This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of clause (b) of sub-section (1) of section 58G read with clause (aa) of sub-section (5) of section 58B of the Reserve Bank of India Act, 1934.
The Reserve Bank of India (RBI) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on GoCapital Finance Limited, Chennai, Tamil Nadu (the company) for non-compliance with certain provisions of ‘Master Direction-Reserve Bank of India (Non-Banking Financial Company-Scale Based Regulation) Directions, 2023’, issued by RBI. This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of clause (b) of sub-section (1) of section 58G read with clause (aa) of sub-section (5) of section 58B of the Reserve Bank of India Act, 1934.
The Reserve Bank of India (RBI) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Kottarakara Co-operative Urban Bank Limited, Kerala (the bank) for non-compliance with specific directions issued by RBI under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
The Reserve Bank of India (RBI) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Kottarakara Co-operative Urban Bank Limited, Kerala (the bank) for non-compliance with specific directions issued by RBI under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
The Reserve Bank of India (RBI) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹3.00 lakh (Rupees Three Lakh only) on The Catholic Co-operative Urban Bank Limited, Telangana (the bank) for non-compliance with certain directions issued by RBI on ‘Maintenance of Deposit Accounts – Primary (Urban) Co-operative Banks’, ‘Management of advances-UCBs’ and ‘Loans and advances to directors, their relatives, and firms /concerns in which they are interested’. This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
The Reserve Bank of India (RBI) has, by an order dated October 07, 2024, imposed a monetary penalty of ₹3.00 lakh (Rupees Three Lakh only) on The Catholic Co-operative Urban Bank Limited, Telangana (the bank) for non-compliance with certain directions issued by RBI on ‘Maintenance of Deposit Accounts – Primary (Urban) Co-operative Banks’, ‘Management of advances-UCBs’ and ‘Loans and advances to directors, their relatives, and firms /concerns in which they are interested’. This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
The Reserve Bank of India has today, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934, issued Directions to the following NBFCs to cease and desist from sanction and disbursal of loans, effective from close of business of October 21, 2024:
The Reserve Bank of India has today, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934, issued Directions to the following NBFCs to cease and desist from sanction and disbursal of loans, effective from close of business of October 21, 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 October 18, 2024, Friday, as under:
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 18, 2024, Friday, as under:
I. Summary Results Aggregate amount (Face Value) notified by RBI ₹ 25,000.000 crore Total amount offered (Face Value) by participants ₹ 33,201.361 crore Total amount accepted (Face Value) by RBI ₹ 24,934.364 crore
I. Summary Results Aggregate amount (Face Value) notified by RBI ₹ 25,000.000 crore Total amount offered (Face Value) by participants ₹ 33,201.361 crore Total amount accepted (Face Value) by RBI ₹ 24,934.364 crore
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 23 – September 27, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 23 – September 27, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 16 – September 20, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 16 – September 20, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 09 – September 13, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 09 – September 13, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 02 – September 06, 2024.
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 02 – September 06, 2024.
Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 40,385 Amount accepted (in ₹ crore) 40,385 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 40,385 Amount accepted (in ₹ crore) 40,385 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 18, 2024.
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 18, 2024.
(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 06-Oct-2023 20-Sep-2024* 04-Oct-2024* 06-Oct-2023 20-Sep-2024* 04-Oct-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 233633.16 305203.01 287752.63 235968.24 309831.75 292084.59** b) Borrowings from banks 199276.58 134095.86 128068.94 199285.58 134219.35 128119.50 c) Other demand & time liabilities 71823.77 22841.08 22578.52 72475.18 23153.09 22918.62 II LIABILITIES TO OTHERS (A)
(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 06-Oct-2023 20-Sep-2024* 04-Oct-2024* 06-Oct-2023 20-Sep-2024* 04-Oct-2024* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 233633.16 305203.01 287752.63 235968.24 309831.75 292084.59** b) Borrowings from banks 199276.58 134095.86 128068.94 199285.58 134219.35 128119.50 c) Other demand & time liabilities 71823.77 22841.08 22578.52 72475.18 23153.09 22918.62 II LIABILITIES TO OTHERS (A)
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 17, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 12:00 Noon to 12:30 PM October 18, 2024 (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 the same.
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 17, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 12:00 Noon to 12:30 PM October 18, 2024 (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 the same.
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 540,974.48 6.30 5.00-6.50 I. Call Money 8,755.18 6.44 5.10-6.50 II. Triparty Repo 390,913.55 6.28 5.90-6.43 III. Market Repo 140,357.75 6.33 5.00-6.50 IV. Repo in Corporate Bond 948.00 6.45 6.40-6.50
(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 540,974.48 6.30 5.00-6.50 I. Call Money 8,755.18 6.44 5.10-6.50 II. Triparty Repo 390,913.55 6.28 5.90-6.43 III. Market Repo 140,357.75 6.33 5.00-6.50 IV. Repo in Corporate Bond 948.00 6.45 6.40-6.50
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹30,000 crore (face value). The security-wise details of the conversion/switch are given as under:
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹30,000 crore (face value). The security-wise details of the conversion/switch are given as under:
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of August 2024.
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of August 2024.
Page Last Updated on: November 21, 2024