The Reserve Bank of India (RBI) has, by an order dated April 15, 2024, imposed a monetary penalty of ₹10 lakh (Rupees Ten lakh only) on NABFINS Limited, Bengaluru (the company), a subsidiary of NABARD, for non-compliance with certain provisions of the Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of clause (b) of sub-section (1) of section 58 G read with clause (aa) of sub-section (5) of section 58 B of the Reserve Bank of India Act, 1934.

Sr. No. Treasury Bill Notified Amount(in ₹ Crore) Auction Date Settlement Date 1 91 Days 12,000 April 24,2024 (Wednesday) April 25,2024(Thursday)

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹12,000 Crore (Face Value).

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Apr. 14 Apr.5 Apr. 12 Week Year 1 2 3 4 5 4 Loans  nd Advances 

The forty eighth meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during April 3 to 5, 2024.

(Amount in ₹ crore)  SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 07-Apr-2322-MAR-2024 *05-APR-2024 *07-Apr-2322-MAR-2024 *05-APR-2024 *I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 249235.56294470.85311328.57251872.99298436.48 

Auction Results 7.37% GS 2028 New GS 2064 I. Notified Amount ₹12,000 crore  ₹12,000 crore II. Underwriting  Notified Amount  ₹12,000 crore ₹12,000  crore III.Competitive Bids Received (i)  Number 215265(ii) Amount₹ 7964 Crore₹ 48921 CroreIV.Cut-off price / Yield100.47

7.37% GS 2028 New GS 2064 I. Notified Amount ₹12,000 crore ₹12,000 crore II. Cut off Price / Implicit Yield at cut-off 100.47/ 7.2457% 7.34% III. Amount accepted in the auction ₹12,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL

Tenor 14-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 1,12,273 Amount allotted (in ₹ crore) 

In the underwriting auctions conducted on April 19, 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) 7.37% GS 2028 12,000 6,006 5,994 12,000 0.34 New GS 2064 12,000 6,006 5,994 12,000 0.74

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg)Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,61,919.85 6.36 0.01-6.90 I. Call Money 9,958.10 6.47 5.10-6.60 II. Triparty Repo 3,76,189.85 6.38 6.33-6.50 III. Market Repo 1,74,974.90 6.32 0.01-6.90 IV. Repo in Corporate Bond 797.00 6.56 6.55-6.70

The Reserve Bank of India (RBI) has, by an order dated April 18, 2024, imposed a monetary penalty of ₹5.00 lakh (Rupees Five Lakh only) on The Kangra Co-operative Bank Ltd., New Delhi (the bank) for non-compliance with the directions issued by RBI on ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs), and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) - A Graded Approach’. This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of 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 imposed, by an order dated March 31, 2024, a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on District Co-operative Bank Limited, Dehradun, Uttarakhand (the bank) for contravention of the provisions of section 20 (1)(b) 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 the provisions of section 47A(1)(c) read with sections 46 (4)(i) and 56 of the BR Act.

The Reserve Bank of India (RBI) has imposed, by an order dated March 30, 2024, a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on Rajdhani Nagar Sahkari Bank Limited, Lucknow (the bank) for non-compliance with directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters – UCBs’. This penalty has been imposed in exercise of powers vested in RBI, conferred under the provisions of 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 April 16, 2024, imposed a monetary penalty of ₹43.30 lakh (Rupees Forty Three Lakh and Thirty Thousand only) on Rajkot Nagarik Sahakari Bank Ltd., Rajkot (the bank), for non-compliance with RBI directions on ‘Ban on loans and advances to directors and their relatives, and firms / concerns in which they are interested’, ‘Prohibition on opening of saving bank accounts in the names of certain bodies / organizations’ and ‘Maintenance of deposit accounts’. This penalty has been imposed in exercise of powers vested in RBI, conferred under provisions of 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 imposed, by an order dated March 30, 2024, a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on Zila Sahakari Bank Ltd., Garhwal, Kotdwar, Uttarakhand (the bank) for contravention of the provisions of section 20(1)(b) and section 26A(2) read with section 56 of the Banking Regulation Act, 1949 (BR Act).

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on April 19, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 14 10:30 AM to 11:00 AM May 03, 2024 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

The Reserve Bank has today released data on Reserve Money for the week ended April 12, 2024 and Money Supply for the fortnight ended April 05, 2024. Ajit Prasad Deputy General Manager (Communications) Press Release: 2024-2025/125

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹12000 Crore ₹7000 Crore ₹8000 Crore II. Competitive Bids Received (i) Number 94 122 135 (ii) Amount ₹ 25874.150 Crore ₹ 24941.500 Crore ₹ 24112.250 Crore

Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on April 19, 2024. As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under: