Today, the Reserve Bank of India (RBI) released its Report titled “Finances of Panchayati Raj Institutions”. Drawing upon data on 2.58 lakh Panchayats for the years 2020-21 to 2022-23, it presents an assessment of their finances and their role in India’s socio-economic development.

Government of Maharashtra has declared January 22, 2024 as a public holiday under Section 25 of the Negotiable Instruments Act, 1881. Accordingly, and in modification of the press release 2023-2024/1710 issued earlier today on “Market Trading Hours on January 22, 2024”, there will be no transactions and settlements in Government securities (primary and secondary), foreign exchange, money markets and Rupee Interest Rate Derivatives on January 22, 2024 (Monday). Settlement of all outstanding transactions will accordingly get postponed to the next working day i.e., January 23, 2024 (Tuesday).

Today, the Reserve Bank released the January 2024 issue of its monthly Bulletin. The Bulletin includes seven speeches, six articles, current statistics. Financial Stability Report December 2023 and Report on Trend and Progress of Banking 2022-23 are supplements to the January 2024 Bulletin.

The Reserve Bank has launched the 105th round of the quarterly Industrial Outlook Survey (IOS) of the Indian manufacturing sector for the reference period January-March 2024. The survey assesses business sentiment for the current quarter (Q4:2023-24) and expectations for the ensuing quarter (Q1:2024-25), based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment conditions and the price situation. The outlook on key parameters for the two subsequent quarters (Q2:2024-25 and Q3:2024-25) are also covered.

The Reserve Bank has launched the 40th round of the quarterly Services and Infrastructure Outlook Survey (SIOS) for the reference period January-March 2024. The survey assesses the business situation for the current quarter (Q4:2023-24) from selected companies in the services and infrastructure sectors in India and their expectations for the ensuing quarter (Q1:2024-25) based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment conditions and the price situation. The outlook on key parameters for the two subsequent quarters (Q2:2024-25 and Q3:2024-25) are also covered.

The Reserve Bank has today released data on Reserve Money for the week ended January 12, 2024. Ajit Prasad Director (Communications) Press Release: 2023-2024/1690

1. Reserve Bank of India - Liabilities and Assets*  (₹ Crore)  Item  2023  2024  Variation  Jan. 6  Dec. 29  Jan. 5  Week  Year  1  2  3  4  5  4 Loans and Advances 4.1 Central Government  0  0  0  0  0  4.2 State Governments  17380  2579  21139  18560  3759  * Data are provisional; difference, if any, is due to rounding off.

The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of December 2023. Ajit Prasad Director (Communications)  Press Release: 2023-2024/1658

(Amount in ₹ crore)  SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 16-Dec-22 01-Dec-2023* 15-Dec-2023* 16-Dec-22 01-Dec-2023* 15-Dec-2023* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 201266.75 249012.9 276840.69 203686.16 252853.53 280287.70 **  b) Borrowings from banks 59956.92 200300.52 192669.22 60125.92 200371.37 192698.11  c) Other demand & time liabilities 54667.28 71526.84 70471.57 55264.53 72234.31 71176.89 II LIABILITIES TO OTHERS (A) a) Deposits (other than from banks) 17354379.08 19886495.7 (1,97,60,403.24) 19791556.74 (1,96,67,586.27) 17775361.5 20320773.77 (2,01,94,681.31) 20228915.17

The Reserve Bank has today released data on Reserve Money for the week ended January 05, 2024 and Money Supply for the fortnight ended December 29, 2023. Ajit Prasad Director (Communications)