Press Releases

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹10,000 Crore ₹8,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3522 (YTM: 6.7200%) 96.7075 (YTM: 6.8279%) 93.6073 (YTM: 6.8480%) IV. Total Face Value Accepted ₹10,000 Crore ₹8,000 Crore ₹6,000 Crore Ajit Prasad Director (Communications) Press Release: 2023-2024/537

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on July 04, 2023, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 02 12:30 PM to 01:00 PM July 06, 2023 (Thursday) 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. Ajit Prasad Dire

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 481,097.45 6.28 0.01-7.35 I. Call Money 11,258.81 6.39 5.40-6.50 II. Triparty Repo 310,400.25 6.27 6.03-6.40 III. Market Repo 159,388.39 6.28 0.01-6.60 IV. Repo in Corporate Bond 50.00 7.35 7.35-7.35 B. Term Segment I. Notice Money** 148.65 6.42 6.00-6.75 II. Term Money@@ 788.00 - 6.60-7.05 III. Triparty Repo 1,969.00 6.56 6.40-6.60 IV.

The Reserve Bank has received 12 applications to set up bank under the Guidelines for ‘on tap’ Licensing of Universal Banks and Small Finance Banks. The names of these applicants were announced vide press releases on April 15, August 30, December 31, 2021 and January 04, 2023. The decision on six of these applications was announced vide press release on May 17, 2022. The examination of three more applications for setting-up a small finance bank has been completed as p

Today, the Reserve Bank of India placed on its website a Working Paper titled, “Regime-Dependent Determinants of the Uncollateralised Overnight Rate: The Interplay of Operating Procedure and Market Microstructure” under the Reserve Bank of India Working Paper Series1. The paper is co-authored by Edwin Prabu A and Indranil Bhattacharyya. Under the current operating procedure of monetary policy, the Reserve Bank of India has adopted the weighted average call rate (WACR)

The Result of the auction of State Government Securities held on July 04, 2023. (Amount in ₹ Crore) ANDHRA PRADESH 2034 ANDHRA PRADESH 2039 ANDHRA PRADESH 2043 ASSAM 2033 Notified Amount 1000 1000 1000 1000 Tenure 11 16 20 10 Competitive Bids Received (i) No. 144 71 27 48 (ii) Amount 7465 4805 5410 3895 Cut-off Yield (%) 7.46 7.52 7.46 7.45 Competitive Bids Accepted (i) No. 15 36 1 7 (ii) Amount 989.855 999.978 999.858 982.88 Partial Allotment Percentage of Competitiv

Tenor 2-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 67,295 Amount accepted (in ₹ crore) 67,295 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Director (Communications) Press Release: 2023-2024/531

Sr. No States Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.46 11 1000 1000 7.52 16 1000 1000 7.46 20 2 Assam 1000 1000 7.45 10 3 Himachal Pradesh 500 500 7.45 10 500 500 7.50 15 4 Kerala 2000 2000 7.47 19 5 Meghalaya 200 200 7.44 8 6 Punjab 500 500 7.47 11 500 500 7.43 25 7 Rajasthan 1000 1000 7.44 10 1000 1000 7.43 25 8 Tamil Nadu 2000 2000 7.44 10 2000 2000 7.45 20 9 Telangana 1000 1000 7.47 18

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on July 03, 2023, Monday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 02 12:30 PM to 01:00 PM July 05, 2023 (Wednesday) 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. Ajit Prasad Dire

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 8,393.52 6.45 5.70-6.80 I. Call Money 808.90 6.55 5.70-6.75 II. Triparty Repo 7,060.80 6.45 6.01-6.75 III. Market Repo 523.82 6.31 6.30-6.80 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 8,464.06 6.82 5.00-7.00 II. Term Money@@ 605.00 - 6.95-7.05 III. Triparty Repo 2,97,142.55 6.75 6.36-7.00 IV. Market Repo 1,61,2