Press Releases

It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. LKO.DOS.SED.No.S850/10-03-030/2022-2023 dated March 02, 2023, has issued certain Directions to Banaras Merchantile Co-operative Bank Ltd., Varanasi, whereby, as from the close of business on

In terms of Government of India notification F.No.4(6)-B(W&M)/2022 and Reserve Bank press release dated December 15, 2022, the Sovereign Gold Bond Scheme 2022-23 - Series IV will be open for subscription during March 06–10, 2023. The nominal value of the bond based on the simple average of closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three working days of the week preceding the subscription

It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. AMD.DOS.SSM.No.S1561/11-03-203/2022-2023 dated March 02, 2023, has issued certain Directions to Shree Mahalaxmi Mercantile Co-operative Bank Ltd., Dabhoi, whereby, as from the close of busine

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (in ₹ Crore) Auction Date Settlement Date 1 91 Days 9,000 March 08, 2023 (Wednesday) March 09, 2023 (Thursday) 2 182 Days 16,000 3 364 Days 14,000 Total 39,000 The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment No

It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CHN.DOS.UCBs.No.S1135/12-01-849/2022-2023 dated March 02, 2023, has issued certain Directions to Musiri Urban Co-operative Bank Ltd., Musiri, whereby, as from the close of business on March 0

The Reserve Bank of India (RBI) has imposed monetary penalty of ₹3,06,66,000/- (Rupees three crore six lakh sixty six thousand only) on Amazon Pay (India) Private Limited (the entity) for non-compliance with certain provisions of the Master Directions on Prepaid Payment Instruments (PPIs) dated August 27, 2021 (as updated from time to time) and the Master Direction – Know Your Customer (KYC) Direction, 2016 dated February 25, 2016 (as updated from time to time). The p

The Reserve Bank had conducted a Long Term Repo Operation (LTRO) on March 09, 2020 and a Targeted Long Term Repo Operation (TLTRO) on April 09, 2020. The dates of reversal of these operations are March 07, 2023 and April 07, 2023 respectively. 2. As the Government of Maharashtra has declared March 07, 2023 (Holi) and April 07, 2023 (Good Friday) as public holidays under Section 25 of the Negotiable Instruments Act, 1881, the dates of reversal of above mentioned LTRO a

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2022 2023 Variation Feb. 25 Feb. 17 Feb. 24 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government - - - - - 4.2 State Governments 186 12425 9515 -2910 9329 * Data are provisional. 2. Foreign Exchange Reserves* Item As on February 24, 2023 Variation over Week End-March 2022 Year ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. 1 2 3 4 5 6 7 8 1 Total Reserves 4641716 560942 -7302 -325 42

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 503,151.82 6.29 4.60-6.65 I. Call Money 15,877.64 6.36 4.60-6.40 II. Triparty Repo 332,300.05 6.27 6.15-6.38 III. Market Repo 154,974.13 6.34 5.75-6.65 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 85.25 6.02 5.90-6.20 II. Term Money@@ 237.00 - 6.10-7.00 III. Triparty Repo 710.00 6.34 6.33-6.35 IV. Market Repo 519

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹28,958 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 958 - 6 Yield 2 Bihar 2000 - 10 Yield 3 Gujarat 1000 - 2 Yield 1000 500 11 Yield 4 Jammu and Kashmir 500 - 12 Yield 5 Madhya Pradesh 3000 - 20 Yield 6 Maharashtra 2000 - 8 Yield 2000 - 10 Yield 7 Tami