Press Releases

The Reserve Bank of India (RBI) has, by an order dated March 16, 2023, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Raigad Sahakari bank Ltd., Mumbai (the bank) for contravention of operational instructions issued under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949 (th

The Reserve Bank of India (RBI) has, by an order dated March 06, 2023 imposed a monetary penalty of ₹2,27,25,000.00 (Rupees Two crore twenty-seven lakh twenty-five thousand only) on RBL Bank Limited (the bank) for non-compliance with certain provisions of the directions issued by RBI on ‘Internal Ombudsman Scheme, 2018’, ‘Fair Practices Code for Lenders’, ‘Credit Card Operations of Banks’, ‘Managing Risks and Code of Conduct in Outsourcing of Financial Services by ban

The Reserve Bank of India (RBl) has imposed, by an order dated March 15, 2023, a monetary penalty of ₹50,000 (Rupees Fifty Thousand only) on Jila Sahakari Kendriya Bank Maryadit, Raisen (Madhya Pradesh) (the bank) for contravention of/non-compliance with the provisions of the Banking Regulation Act, 1949 (the Act) and directions issued by NABARD on submission of returns by banks. This penalty has been imposed in exercise of powers vested in RBI under the provisions of

The Reserve Bank of India (RBl) has imposed, by an order dated March 14, 2023, a monetary penalty of ₹3.00 lakh (Rupees Three lakh only) on Lokmangal Co-operative Bank Ltd., Solapur (the bank) for contravention of/non-adherence with the directions issued by RBI to Urban Co-operative Banks on Exposure Norms and Statutory/Other Restrictions-UCBs. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Sect

The Reserve Bank of India (RBI) has imposed, by an Order dated March 16, 2023, a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on the Noble Co-operative Bank Ltd., Noida (the bank) for contravention of Section 35 A read with Section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949.

The Reserve Bank of India (RBI) has imposed, by an order dated March 10, 2023, a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on Imperial Urban Co-operative Bank Ltd., Jalandhar, Punjab (the bank) for contravention of Section 35A read with Section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regul

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.00 - - RBI OPERATIONS@ Auction Date Tenor (Days) Maturity Date Amoun

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,336.82 6.38 5.30-6.75 I. Call Money 232.75 5.74 5.30-6.30 II. Triparty Repo 5,838.40 6.41 6.25-6.75 III. Market Repo 265.67 6.07 5.50-6.25 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.00 - - RBI O

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 544,065.81 6.61 4.90-6.80 I. Call Money 13,418.32 6.52 4.90-6.68 II. Triparty Repo 350,106.30 6.61 6.27-6.75 III. Market Repo 180,541.19 6.61 5.50-6.80 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 348.44 6.45 5.75-6.60 II. Term Money@@ 166.00 - 6.50-6.95 III. Triparty Repo 155.00 6.56 6.40-6.70 IV. Market Repo 15

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹39,121 Crore (Face Value). Sr. No State / UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1 Andhra Pradesh 760 - 7 Yield 1000 - 9 Yield 2 Assam 800 - 10 Yield 3 Gujarat 500 - 3 Yield 500 500 11 Yield 1000 500 13 Yield 4 Haryana 1000 - 6 Yield 1000 - 9 Yield 5 Himachal Pradesh 600 - 8 Yield 900 - 10 Yield 6