The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.

The following 20 Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.

In exercise of the powers conferred under Section 36 AAA read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank has today superseded the Board of Directors of New India Cooperative Bank Ltd., Mumbai, for a period of 12 months. Consequently, the Reserve Bank has appointed Shri Shreekant, former Chief General Manager of State Bank of India (SBI) as ‘Administrator’ to manage the affairs of the bank during this period. The Reserve Bank has also appointed a ‘Committee of Advisors’ to assist the Administrator in discharging his duties. The members of the Committee of Advisors are Shri Ravindra Sapra (former General Manager, SBI) and Shri Abhijeet Deshmukh (Chartered Accountant).

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 January 2025.

Auction Results 6.64% GS 2027 6.79% GS 2034 7.09% GS 2074 I. Notified Amount ₹7,000 crore ₹22,000 crore ₹10,000 crore II. Underwriting Notified Amount ₹7,000 crore ₹22,000 crore ₹10,000 crore III. Competitive Bids Received (i) Number 86 355 190 (ii) Amount ₹22637.000 Crore ₹52976.000 Crore ₹25104.000 Crore

6.64% GS 2027 6.79% GS 2034 7.09% GS 2074 I. Notified Amount ₹7,000 crore ₹22,000 crore ₹10,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 100.06/6.6112% 100.56/6.7086% 100.21/7.0735% III. Amount accepted in the auction ₹7,000 crore ₹22,000 crore ₹10,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL

Tenor 49-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 99,692 Amount allotted (in ₹ crore) 75,003 Cut off Rate (%) 6.28 Weighted Average Rate (%) 6.32 Partial Allotment Percentage of bids received at cut off rate (%) 57.30

Tenor 3-day Notified Amount (in ₹ crore) 1,50,000 Total amount of bids received (in ₹ crore) 1,93,363 Amount allotted (in ₹ crore) 1,50,016 Cut off Rate (%) 6.26 Weighted Average Rate (%) 6.27 Partial Allotment Percentage of bids received at cut off rate (%) 46.98

In the underwriting auction conducted on February 14, 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:

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,60,389.95 6.32 5.15-6.58 I. Call Money 17,096.91 6.34 5.15-6.50 II. Triparty Repo 3,75,991.85 6.31 6.24-6.50 III. Market Repo 1,65,791.99 6.35 6.00-6.58 IV. Repo in Corporate Bond 1,509.20 6.47 6.45-6.50 B. Term Segment I. Notice Money** 301.80 6.36 5.90-6.40 II. Term Money@@ 620.00 - 6.40-7.95 III. Triparty Repo 187.00 6.38 6.25-6.40 IV. Market Repo 782.66 6.60 6.50-6.65 V. Repo in Corporate Bond 0.00 - -