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Official Website of Reserve Bank of India
Press Releases
Dec 06, 2021
Money Market Operations as on December 04, 2021
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,044.85 3.18 2.70-3.31 I. Call Money 780.85 3.00 2.70-3.25 II. Triparty Repo 5,264.00 3.20 3.05-3.31 III. Market Repo 0.00 - IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 38.55 2.79 2.75-2.80 II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.00 - - RBI OPERAT
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,044.85 3.18 2.70-3.31 I. Call Money 780.85 3.00 2.70-3.25 II. Triparty Repo 5,264.00 3.20 3.05-3.31 III. Market Repo 0.00 - IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 38.55 2.79 2.75-2.80 II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.00 - - RBI OPERAT
Dec 03, 2021
Results of Underwriting Auctions Conducted on December 03, 2021
In the underwriting auctions conducted on December 03, 2021 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 r
In the underwriting auctions conducted on December 03, 2021 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 r
Dec 03, 2021
Money Market Operations as on December 02, 2021
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 579,220.84 3.26 1.00-5.20 I. Call Money 8,849.76 3.26 2.20-3.50 II. Triparty Repo 438,779.40 3.25 3.05-3.40 III. Market Repo 131,546.68 3.29 1.00-3.50 IV. Repo in Corporate Bond 45.00 5.20 5.20-5.20 B. Term Segment I. Notice Money** 440.84 3.25 2.50-3.40 II. Term Money@@ 83.00 - 3.20-3.65 III. Triparty Repo 1,280.00 3.31 3.30-3.35 IV. Ma
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 579,220.84 3.26 1.00-5.20 I. Call Money 8,849.76 3.26 2.20-3.50 II. Triparty Repo 438,779.40 3.25 3.05-3.40 III. Market Repo 131,546.68 3.29 1.00-3.50 IV. Repo in Corporate Bond 45.00 5.20 5.20-5.20 B. Term Segment I. Notice Money** 440.84 3.25 2.50-3.40 II. Term Money@@ 83.00 - 3.20-3.65 III. Triparty Repo 1,280.00 3.31 3.30-3.35 IV. Ma
Dec 03, 2021
Reserve Bank of India - Bulletin Weekly Statistical Supplement - Extract
1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2020 2021 Variation Nov. 27 Nov. 19 Nov. 26 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 2112 8631 460 -8171 -1652 * Data are provisional. 2. Foreign Exchange Reserves Item As on November 26, 2021 Variation over Week End-March 2021 Year ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. 1 2 3 4 5 6 7 8 1 Total Reserves 4776057 637687 18576 -2713 55
1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2020 2021 Variation Nov. 27 Nov. 19 Nov. 26 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 2112 8631 460 -8171 -1652 * Data are provisional. 2. Foreign Exchange Reserves Item As on November 26, 2021 Variation over Week End-March 2021 Year ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. 1 2 3 4 5 6 7 8 1 Total Reserves 4776057 637687 18576 -2713 55
Dec 03, 2021
91 days, 182 days and 364 days Treasury Bills auction
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 10,000 December 08, 2021 (Wednesday) December 09, 2021 (Thursday) 2 182 Days 3,000 3 364 Days 7,000 Total 20,000 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
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 10,000 December 08, 2021 (Wednesday) December 09, 2021 (Thursday) 2 182 Days 3,000 3 364 Days 7,000 Total 20,000 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
Dec 03, 2021
Auction of State Government Securities
The following State Governments have offered to sell securities by way of auction, for an aggregate amount of ₹8,000 Cr. (Face Value). Sr. No. State/UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option(₹ Cr) Tenure(Yrs) Type of Auction 1 Assam 500 - 5 Yield 500 - 10 Yield 2 Bihar 2000 - 9 Yield 3 Jammu & Kashmir 500 - 15 Yield 4 Karnataka 1000 - 10 Yield 1000 - 11 Yield 5 Tamil Nadu 1000 - 8 Yield 6 Telangana 1500 - 24 Yield TOTAL 8000 The
The following State Governments have offered to sell securities by way of auction, for an aggregate amount of ₹8,000 Cr. (Face Value). Sr. No. State/UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option(₹ Cr) Tenure(Yrs) Type of Auction 1 Assam 500 - 5 Yield 500 - 10 Yield 2 Bihar 2000 - 9 Yield 3 Jammu & Kashmir 500 - 15 Yield 4 Karnataka 1000 - 10 Yield 1000 - 11 Yield 5 Tamil Nadu 1000 - 8 Yield 6 Telangana 1500 - 24 Yield TOTAL 8000 The
Dec 03, 2021
Government Stock - Full Auction Results
Auction Results GOI FRB 2028 6.10% GS 2031 6.95% GS 2061 I. Notified Amount ₹4000 Crore ₹13000 Crore ₹7000 Crore II. Underwriting Notified Amount ₹4000 Crore ₹13000 Crore ₹7000 Crore III. Competitive Bids Received (i) Number 66 208 124 (ii) Amount ₹11244 Crore ₹27925 Crore ₹16132.51 Crore IV. Cut-off price / Yield 99.3 98.12 99.88 (YTM: 4.5468%) (YTM: 6.3636%) (YTM: 6.9591%) V. Competitive Bids Accepted (i) Number 22 100 61 (ii) Amount ₹3998.9 Crore ₹12985.994 Crore ₹
Auction Results GOI FRB 2028 6.10% GS 2031 6.95% GS 2061 I. Notified Amount ₹4000 Crore ₹13000 Crore ₹7000 Crore II. Underwriting Notified Amount ₹4000 Crore ₹13000 Crore ₹7000 Crore III. Competitive Bids Received (i) Number 66 208 124 (ii) Amount ₹11244 Crore ₹27925 Crore ₹16132.51 Crore IV. Cut-off price / Yield 99.3 98.12 99.88 (YTM: 4.5468%) (YTM: 6.3636%) (YTM: 6.9591%) V. Competitive Bids Accepted (i) Number 22 100 61 (ii) Amount ₹3998.9 Crore ₹12985.994 Crore ₹
Dec 03, 2021
Government Stock - Auction Results: Cut-off
GOI FRB 2028 6.10% GS 2031 6.95% GS 2061 I. Notified Amount ₹4,000 cr ₹13,000 cr ₹7,000 cr II. Cut off Price / Implicit Yield at cut-off 99.30/4.5468% 98.12/6.3636% 99.88/6.9591% III. Amount accepted in the auction ₹4,000 cr ₹13,000 cr ₹7,000 cr IV. Devolvement on Primary Dealers Nil Nil Nil Ajit Prasad Director (Communications) Press Release: 2021-2022/1302
GOI FRB 2028 6.10% GS 2031 6.95% GS 2061 I. Notified Amount ₹4,000 cr ₹13,000 cr ₹7,000 cr II. Cut off Price / Implicit Yield at cut-off 99.30/4.5468% 98.12/6.3636% 99.88/6.9591% III. Amount accepted in the auction ₹4,000 cr ₹13,000 cr ₹7,000 cr IV. Devolvement on Primary Dealers Nil Nil Nil Ajit Prasad Director (Communications) Press Release: 2021-2022/1302
Dec 03, 2021
Result of the 14-day Variable Rate Reverse Repo auction held on December 03, 2021
Tenor 14-day Notified Amount (in ₹ crore) 6,00,000 Total amount of offers received (in ₹ crore) 4,69,737 Amount accepted (in ₹ crore) 4,69,737 Cut off Rate (%) 3.99 Weighted Average Rate (%) 3.98 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Director (Communications) Press Release: 2021-2022/1301
Tenor 14-day Notified Amount (in ₹ crore) 6,00,000 Total amount of offers received (in ₹ crore) 4,69,737 Amount accepted (in ₹ crore) 4,69,737 Cut off Rate (%) 3.99 Weighted Average Rate (%) 3.98 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Director (Communications) Press Release: 2021-2022/1301
Dec 02, 2021
Money Market Operations as on December 01, 2021
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,60,008.71 3.30 1.00-5.20 I. Call Money 10,143.16 3.28 2.00-3.50 II. Triparty Repo 4,15,397.90 3.28 2.91-3.45 III. Market Repo 1,34,374.65 3.34 1.00-3.45 IV. Repo in Corporate Bond 93.00 5.20 5.20-5.20 B. Term Segment I. Notice Money** 215.70 3.22 2.50-3.45 II. Term Money@@ 79.00 - 3.25-3.65 III. Triparty Repo 2,300.00 3.34 3.33-3.35 IV
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,60,008.71 3.30 1.00-5.20 I. Call Money 10,143.16 3.28 2.00-3.50 II. Triparty Repo 4,15,397.90 3.28 2.91-3.45 III. Market Repo 1,34,374.65 3.34 1.00-3.45 IV. Repo in Corporate Bond 93.00 5.20 5.20-5.20 B. Term Segment I. Notice Money** 215.70 3.22 2.50-3.45 II. Term Money@@ 79.00 - 3.25-3.65 III. Triparty Repo 2,300.00 3.34 3.33-3.35 IV
Dec 02, 2021
Application for initiation of Corporate Insolvency Resolution Process (CIRP) against Reliance Capital Ltd. filed under the Insolvency and Bankruptcy Code, 2016
The Reserve Bank has today (December 02, 2021) filed an application for initiation of CIRP against Reliance Capital Ltd., under Section 227 read with clause (zk) of sub-section (2) of Section 239 of the Insolvency and Bankruptcy Code (IBC), 2016 read with Rules 5 and 6 of the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudication Authority) Rules, 2019 (“FSP Insolvency Rules”) at the Mumbai Benc
The Reserve Bank has today (December 02, 2021) filed an application for initiation of CIRP against Reliance Capital Ltd., under Section 227 read with clause (zk) of sub-section (2) of Section 239 of the Insolvency and Bankruptcy Code (IBC), 2016 read with Rules 5 and 6 of the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudication Authority) Rules, 2019 (“FSP Insolvency Rules”) at the Mumbai Benc
Dec 02, 2021
Scheduled Banks’ Statement of Position in India as on Friday, November 19, 2021
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 20-NOV-2020 05-NOV-2021 * 19-NOV-2021 * 20-NOV-2020 05-NOV-2021 * 19-NOV-2021 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 201373.99 205959.09 183142.15 206260.16 210181.03 187335.20 ** b) Borrowings from banks 40318.07 53796.57 38185.4 40331.35 53801.57 38188.72 c) Other demand & time liabilities 16484.33 20995.72 21222.31 16703.22 2131
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 20-NOV-2020 05-NOV-2021 * 19-NOV-2021 * 20-NOV-2020 05-NOV-2021 * 19-NOV-2021 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 201373.99 205959.09 183142.15 206260.16 210181.03 187335.20 ** b) Borrowings from banks 40318.07 53796.57 38185.4 40331.35 53801.57 38188.72 c) Other demand & time liabilities 16484.33 20995.72 21222.31 16703.22 2131
Dec 02, 2021
RBI to conduct 14-day Variable Rate Reverse Repo auction under LAF on December 03, 2021
The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on December 03, 2021, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 6,00,000 14 10:30 AM to 11:00 AM December 17, 2021 (Friday) 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 Director (Communications) Press Release: 2021-2022/1296
The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on December 03, 2021, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 6,00,000 14 10:30 AM to 11:00 AM December 17, 2021 (Friday) 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 Director (Communications) Press Release: 2021-2022/1296
Dec 02, 2021
Underwriting Auction for sale of Government Securities for ₹24,000 crore on December 03, 2021
Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on December 03, 2021. 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: (₹ crore) Security Notified Amount Minimu
Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on December 03, 2021. 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: (₹ crore) Security Notified Amount Minimu
Dec 01, 2021
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Rupee Co-operative Bank Ltd., Pune, Maharashtra - Extension of Period
Reserve Bank of India vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 dated February 21, 2013 had placed the Rupee Co-operative Bank Ltd., Pune, Maharashtra under Directions from the close of business on February 22, 2013. The validity of the directions was extended from time-to-time, the last being up to November 30, 2021. It is hereby notified for the information of the public that, Reserve Bank of India, in exercise of powers vested in it under sub-section (1)
Reserve Bank of India vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 dated February 21, 2013 had placed the Rupee Co-operative Bank Ltd., Pune, Maharashtra under Directions from the close of business on February 22, 2013. The validity of the directions was extended from time-to-time, the last being up to November 30, 2021. It is hereby notified for the information of the public that, Reserve Bank of India, in exercise of powers vested in it under sub-section (1)
Dec 01, 2021
Money Market Operations as on November 30, 2021
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 538,117.37 3.37 1.00-3.65 I. Call Money 8,332.57 3.25 2.00-3.65 II. Triparty Repo 407,528.25 3.37 3.19-3.42 III. Market Repo 122,256.55 3.37 1.00-3.50 IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 230.15 3.30 2.75-3.40 II. Term Money@@ 284.50 - 3.20-3.67 III. Triparty Repo 1,300.00 3.42 3.40-3.45 IV. Market Repo 0.0
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 538,117.37 3.37 1.00-3.65 I. Call Money 8,332.57 3.25 2.00-3.65 II. Triparty Repo 407,528.25 3.37 3.19-3.42 III. Market Repo 122,256.55 3.37 1.00-3.50 IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 230.15 3.30 2.75-3.40 II. Term Money@@ 284.50 - 3.20-3.67 III. Triparty Repo 1,300.00 3.42 3.40-3.45 IV. Market Repo 0.0
Dec 01, 2021
RBI releases data on ECB/FCCB/RDB for October 2021
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of October 2021. Ajit Prasad Director (Communications) Press Release: 2021-2022/1293
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of October 2021. Ajit Prasad Director (Communications) Press Release: 2021-2022/1293
Dec 01, 2021
Monthly Data on India’s International Trade in Services for the Month of October 2021
The value of exports and imports of services during October 2021 is given in the following Table. International Trade in Services (US$ Million) Month Receipts (Exports) Payments (Imports) July – 2021 18,524 (10.9) 11,057(14.2) August – 2021 19,574(21.4) 11,520(24.5) September – 2021 20,680(22.0) 12,214(25.0) October – 2021 19,845(17.5) 11,605(26.1) Notes: (i) Data are provisional; and (ii) Figures in brackets are growth rates over corresponding month’s data which have
The value of exports and imports of services during October 2021 is given in the following Table. International Trade in Services (US$ Million) Month Receipts (Exports) Payments (Imports) July – 2021 18,524 (10.9) 11,057(14.2) August – 2021 19,574(21.4) 11,520(24.5) September – 2021 20,680(22.0) 12,214(25.0) October – 2021 19,845(17.5) 11,605(26.1) Notes: (i) Data are provisional; and (ii) Figures in brackets are growth rates over corresponding month’s data which have
Dec 01, 2021
Reserve Money for the week ended November 26, 2021 and Money Supply for the fortnight ended November 19, 2021
The Reserve Bank has today released data on Reserve Money for the week ended November 26, 2021 and Money Supply for the fortnight ended November 19, 2021. Ajit Prasad Director (Communications) Press Release: 2021-2022/1291
The Reserve Bank has today released data on Reserve Money for the week ended November 26, 2021 and Money Supply for the fortnight ended November 19, 2021. Ajit Prasad Director (Communications) Press Release: 2021-2022/1291
Dec 01, 2021
Treasury Bills: Full Auction Result
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹10000 Crore ₹3000 Crore ₹7000 Crore II. Competitive Bids Received (i) Number 101 73 120 (ii) Amount ₹46006.750 Crore ₹12005.525 Crore ₹16184 Crore III. Cut-off price / Yield 99.1290 98.1300 96.0275 (YTM: 3.5243%) (YTM: 3.8217%) (YTM: 4.1482%) IV. Competitive Bids Accepted (i) Number 31 20 84 (ii) Amount ₹9998.954 Crore ₹2999.612 Crore ₹6998.435 Crore V. Partial Allotment Percentage of Competitive Bids 8.70%
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹10000 Crore ₹3000 Crore ₹7000 Crore II. Competitive Bids Received (i) Number 101 73 120 (ii) Amount ₹46006.750 Crore ₹12005.525 Crore ₹16184 Crore III. Cut-off price / Yield 99.1290 98.1300 96.0275 (YTM: 3.5243%) (YTM: 3.8217%) (YTM: 4.1482%) IV. Competitive Bids Accepted (i) Number 31 20 84 (ii) Amount ₹9998.954 Crore ₹2999.612 Crore ₹6998.435 Crore V. Partial Allotment Percentage of Competitive Bids 8.70%
Dec 01, 2021
91 days, 182 days and 364 days T-Bill Auction Result: Cut off
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹10,000 Crore ₹3,000 Crore ₹7,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1290 (YTM: 3.5243%) 98.1300 (YTM: 3.8217%) 96.0275 (YTM: 4.1482%) IV. Total Face Value Accepted ₹10,000 Crore ₹3,000 Crore ₹7,000 Crore Ajit Prasad Director (Communications) Press Release: 2021-2022/1289
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹10,000 Crore ₹3,000 Crore ₹7,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1290 (YTM: 3.5243%) 98.1300 (YTM: 3.8217%) 96.0275 (YTM: 4.1482%) IV. Total Face Value Accepted ₹10,000 Crore ₹3,000 Crore ₹7,000 Crore Ajit Prasad Director (Communications) Press Release: 2021-2022/1289
Nov 30, 2021
State Finances: A Study of Budgets of 2021-22
Today, the Reserve Bank of India (RBI) released the report titled “State Finances: A Study of Budgets of 2021-22”, an annual publication that provides information, analysis and an assessment of the finances of State governments for 2021-22 against the backdrop of actual and revised (or provisional accounts) outcomes for 2019-20 and 2020-21, respectively. The theme of this year’s Report is “Coping with the Pandemic: A Third-Tier Dimension”. Highlights: For 2021-22, Sta
Today, the Reserve Bank of India (RBI) released the report titled “State Finances: A Study of Budgets of 2021-22”, an annual publication that provides information, analysis and an assessment of the finances of State governments for 2021-22 against the backdrop of actual and revised (or provisional accounts) outcomes for 2019-20 and 2020-21, respectively. The theme of this year’s Report is “Coping with the Pandemic: A Third-Tier Dimension”. Highlights: For 2021-22, Sta
Nov 30, 2021
Money Market Operations as on November 29, 2021
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 528,192.87 3.32 2.00-5.20 I. Call Money 8,643.15 3.24 2.00-3.45 II. Triparty Repo 397,817.90 3.32 3.00-3.35 III. Market Repo 121,633.82 3.33 2.50-3.45 IV. Repo in Corporate Bond 98.00 5.20 5.20-5.20 B. Term Segment I. Notice Money** 222.65 3.27 2.50-3.50 II. Term Money@@ 135.25 - 3.20-3.50 III. Triparty Repo 370.00 3.33 3.33-3.33 IV. Mar
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 528,192.87 3.32 2.00-5.20 I. Call Money 8,643.15 3.24 2.00-3.45 II. Triparty Repo 397,817.90 3.32 3.00-3.35 III. Market Repo 121,633.82 3.33 2.50-3.45 IV. Repo in Corporate Bond 98.00 5.20 5.20-5.20 B. Term Segment I. Notice Money** 222.65 3.27 2.50-3.50 II. Term Money@@ 135.25 - 3.20-3.50 III. Triparty Repo 370.00 3.33 3.33-3.33 IV. Mar
Nov 30, 2021
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Maratha Sahakari Bank ltd, Mumbai- Extension of Period
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-4/12.22.141/2016-17 dated August 31, 2016, had placed Maratha Sahakari Bank ltd, Mumbai under Directions from the close of business on August 31, 2016. The validity of the directions was extended from time-to-time, the last being up to November 30, 2021. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-4/12.22.141/2016-17 dated August 31, 2016, had placed Maratha Sahakari Bank ltd, Mumbai under Directions from the close of business on August 31, 2016. The validity of the directions was extended from time-to-time, the last being up to November 30, 2021. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35
Nov 30, 2021
RBI appoints an Advisory Committee to advise the Administrator of M/s Reliance Capital Ltd
The Reserve Bank of India, on November 29, 2021 has superseded the board of directors of Reliance Capital Ltd. and appointed Shri Nageswara Rao Y, ex-Executive Director, Bank of Maharashtra, as the Administrator. In exercise of powers conferred under section 45-IE (5) (a) of the RBI Act 1934, the Reserve Bank has constituted a three-member Advisory Committee to assist the Administrator in discharge of his duties. The members of the Advisory Committee are as follows: S
The Reserve Bank of India, on November 29, 2021 has superseded the board of directors of Reliance Capital Ltd. and appointed Shri Nageswara Rao Y, ex-Executive Director, Bank of Maharashtra, as the Administrator. In exercise of powers conferred under section 45-IE (5) (a) of the RBI Act 1934, the Reserve Bank has constituted a three-member Advisory Committee to assist the Administrator in discharge of his duties. The members of the Advisory Committee are as follows: S
Nov 30, 2021
All-India House Price Index (HPI) for Q2:2021-22
Today, the Reserve Bank released its quarterly house price index (HPI)1 (base: 2010-11=100) for Q2:2021-22, based on transaction-level data received from housing registration authorities in ten major cities (viz., Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai). Time series data on all-India and city-wise HPIs are available at the Bank’s Database of Indian Economy (DBIE) portal (https://dbie.rbi.org.in/DBIE/dbie.rbi?site=stat
Today, the Reserve Bank released its quarterly house price index (HPI)1 (base: 2010-11=100) for Q2:2021-22, based on transaction-level data received from housing registration authorities in ten major cities (viz., Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai). Time series data on all-India and city-wise HPIs are available at the Bank’s Database of Indian Economy (DBIE) portal (https://dbie.rbi.org.in/DBIE/dbie.rbi?site=stat
Nov 30, 2021
Sectoral Deployment of Bank Credit - October 2021
Data on sectoral deployment of bank credit collected from select 33 scheduled commercial banks, accounting for about 90 per cent of the total non-food credit deployed by all scheduled commercial banks, for the month of October 2021, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit1 growth accelerated to 6.9 per cent in October 2021 as compared to 5.2 per cent in October 2020. Highlights of the sectoral deployment of bank credit
Data on sectoral deployment of bank credit collected from select 33 scheduled commercial banks, accounting for about 90 per cent of the total non-food credit deployed by all scheduled commercial banks, for the month of October 2021, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit1 growth accelerated to 6.9 per cent in October 2021 as compared to 5.2 per cent in October 2020. Highlights of the sectoral deployment of bank credit
Nov 30, 2021
Result of Auction of State Development Loans of 06 State Governments - Full Auction Result
The Result of the auction of State Development Loans for 06 State Governments held on November 30, 2021. Table (Amount in ₹ crore) ANDHRA PRADESH 2041 ASSAM 2031 KARNATAKA 2023 KARNATAKA 2031 Notified Amount 1000 600 1000 1000 Tenure 20 10 2 10 Competitive Bids Received (i) No. 73 61 30 152 (ii) Amount 4520.25 3055 4315 8985 Cut-off Yield (%) 6.92 - 4.73 6.83 Competitive Bids Accepted (i) No. 5 - 14 17 (ii) Amount 965.114 - 999.986 900 Partial Allotment Percentage of
The Result of the auction of State Development Loans for 06 State Governments held on November 30, 2021. Table (Amount in ₹ crore) ANDHRA PRADESH 2041 ASSAM 2031 KARNATAKA 2023 KARNATAKA 2031 Notified Amount 1000 600 1000 1000 Tenure 20 10 2 10 Competitive Bids Received (i) No. 73 61 30 152 (ii) Amount 4520.25 3055 4315 8985 Cut-off Yield (%) 6.92 - 4.73 6.83 Competitive Bids Accepted (i) No. 5 - 14 17 (ii) Amount 965.114 - 999.986 900 Partial Allotment Percentage of
Nov 30, 2021
Lending and Deposit Rates of Scheduled Commercial Banks for the month of November 2021
The Reserve Bank of India has today released Lending and Deposit Rates of Scheduled Commercial Bank based on data received during the month of November 2021. Ajit Prasad Director (Communications) Press Release: 2021-2022/1280
The Reserve Bank of India has today released Lending and Deposit Rates of Scheduled Commercial Bank based on data received during the month of November 2021. Ajit Prasad Director (Communications) Press Release: 2021-2022/1280
Nov 30, 2021
Result of the 7-day Variable Rate Reverse Repo auction held on November 30, 2021
Tenor 7-day Notified Amount (in ₹ crore) 2,00,000 Total amount of offers received (in ₹ crore) 2,27,747 Amount accepted (in ₹ crore) 2,00,011 Cut off Rate (%) 3.98 Weighted Average Rate (%) 3.95 Partial Acceptance Percentage of offers received at cut off rate 98.13 Ajit Prasad Director (Communications) Press Release: 2021-2022/1279
Tenor 7-day Notified Amount (in ₹ crore) 2,00,000 Total amount of offers received (in ₹ crore) 2,27,747 Amount accepted (in ₹ crore) 2,00,011 Cut off Rate (%) 3.98 Weighted Average Rate (%) 3.95 Partial Acceptance Percentage of offers received at cut off rate 98.13 Ajit Prasad Director (Communications) Press Release: 2021-2022/1279
Nov 30, 2021
Result of Yield Based Auction of State Development Loans of State Governments
Sr. No. State Amount to be raised (₹ Cr) Amount Accepted (₹ Cr) Cut off Yield (%) Tenure (Yrs.) 1 Andhra Pradesh 1000 1000 6.92 20 2 Assam * 600 - - 10 3 Karnataka 1000 1000 4.73 2 1000 1000 6.83 10 4 Rajasthan 500 500 6.07 5 1000 1000 6.84 10 5 Sikkim 177 177 6.87 10 6 Tamil Nadu 1000 1000 6.92 25 TOTAL 6,277 5,677 * Assam has not accepted any amount in today’s auction. Ajit Prasad Director (Communications) Press Release: 2021-2022/1278
Sr. No. State Amount to be raised (₹ Cr) Amount Accepted (₹ Cr) Cut off Yield (%) Tenure (Yrs.) 1 Andhra Pradesh 1000 1000 6.92 20 2 Assam * 600 - - 10 3 Karnataka 1000 1000 4.73 2 1000 1000 6.83 10 4 Rajasthan 500 500 6.07 5 1000 1000 6.84 10 5 Sikkim 177 177 6.87 10 6 Tamil Nadu 1000 1000 6.92 25 TOTAL 6,277 5,677 * Assam has not accepted any amount in today’s auction. Ajit Prasad Director (Communications) Press Release: 2021-2022/1278
Nov 30, 2021
Result of the 28-day Variable Rate Reverse Repo auction held on November 30, 2021
Tenor 28-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 88,691 Amount accepted (in ₹ crore) 50,005 Cut off Rate (%) 3.97 Weighted Average Rate (%) 3.95 Partial Acceptance Percentage of offers received at cut off rate 73.57 Ajit Prasad Director (Communications) Press Release: 2021-2022/1277
Tenor 28-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 88,691 Amount accepted (in ₹ crore) 50,005 Cut off Rate (%) 3.97 Weighted Average Rate (%) 3.95 Partial Acceptance Percentage of offers received at cut off rate 73.57 Ajit Prasad Director (Communications) Press Release: 2021-2022/1277
Nov 29, 2021
Money Market Operations as on November 28, 2021
(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) 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
Nov 29, 2021
Money Market Operations as on November 26, 2021
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 542,239.19 3.27 1.00-5.20 I. Call Money 7,448.88 3.24 2.00-3.55 II. Triparty Repo 397,375.05 3.26 3.00-3.40 III. Market Repo 137,292.26 3.29 1.00-3.40 IV. Repo in Corporate Bond 123.00 5.20 5.20-5.20 B. Term Segment I. Notice Money** 471.26 3.32 2.75-3.40 II. Term Money@@ 84.40 - 3.20-3.45 III. Triparty Repo 1,238.00 3.30 3.28-3.30 IV. M
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 542,239.19 3.27 1.00-5.20 I. Call Money 7,448.88 3.24 2.00-3.55 II. Triparty Repo 397,375.05 3.26 3.00-3.40 III. Market Repo 137,292.26 3.29 1.00-3.40 IV. Repo in Corporate Bond 123.00 5.20 5.20-5.20 B. Term Segment I. Notice Money** 471.26 3.32 2.75-3.40 II. Term Money@@ 84.40 - 3.20-3.45 III. Triparty Repo 1,238.00 3.30 3.28-3.30 IV. M
Nov 29, 2021
RBI imposes monetary penalty on Union Bank of India
The Reserve Bank of India (RBI) has, by an order dated November 25, 2021, imposed a monetary penalty of ₹1 Crore (Rupees One Crore only) on Union Bank of India (the bank), for non-compliance with the certain provisions of directions issued by RBI contained in “Reserve Bank of India (Fraud - Classification and Reporting by commercial banks and select FIs) Directions 2016” and “Guidelines on Sale of Stressed Assets by Banks”. This penalty has been imposed in exercise of
The Reserve Bank of India (RBI) has, by an order dated November 25, 2021, imposed a monetary penalty of ₹1 Crore (Rupees One Crore only) on Union Bank of India (the bank), for non-compliance with the certain provisions of directions issued by RBI contained in “Reserve Bank of India (Fraud - Classification and Reporting by commercial banks and select FIs) Directions 2016” and “Guidelines on Sale of Stressed Assets by Banks”. This penalty has been imposed in exercise of
Nov 29, 2021
Auction of Government of India Dated Securities
Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹24,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 GOI FRB 2028 Oct 04, 2028 4,000 F.No.4(3)-B(W&M)/2021 dated November 29, 2021 December 03, 2021 (Friday) December 06, 2021 (Monday) 2 6.10% GS 2031 July 12, 2031 13,000 3 6.95% GS 2061 Dec 16, 2061
Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹24,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 GOI FRB 2028 Oct 04, 2028 4,000 F.No.4(3)-B(W&M)/2021 dated November 29, 2021 December 03, 2021 (Friday) December 06, 2021 (Monday) 2 6.10% GS 2031 July 12, 2031 13,000 3 6.95% GS 2061 Dec 16, 2061
Nov 29, 2021
Premature redemption of Sovereign Gold Bond Scheme (SGB) - Redemption Price for premature redemption due on November 30, 2021 (Series I of SGB 2015)
In terms of GOI Notification F.No. 4(19)-W&M/2014 dated October 30, 2015 and RBI circular IDMD.CDD.No.939/14.04.050/2015-16 dated October 30, 2015 (SGB 2015, Series I - Issue date November 30, 2015) of Sovereign Gold Bond (SGB) Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Therefore, the forthcoming due date of premature redemption of the above tranche
In terms of GOI Notification F.No. 4(19)-W&M/2014 dated October 30, 2015 and RBI circular IDMD.CDD.No.939/14.04.050/2015-16 dated October 30, 2015 (SGB 2015, Series I - Issue date November 30, 2015) of Sovereign Gold Bond (SGB) Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Therefore, the forthcoming due date of premature redemption of the above tranche
Nov 29, 2021
Foreign Exchange Turnover Data: November 01 - November 03, 2021
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period November 01, 2021 – November 03, 2021. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancel Forward Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 01-11-2021 7,911 769 1,338 351 166 83 12,460 18,353 992 5,211 2,428 173 02-11-2021 5,026 2
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period November 01, 2021 – November 03, 2021. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancel Forward Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 01-11-2021 7,911 769 1,338 351 166 83 12,460 18,353 992 5,211 2,428 173 02-11-2021 5,026 2
Nov 29, 2021
Foreign Exchange Turnover Data: October 25 - October 29, 2021
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 25, 2021 – October 29, 2021. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancel Forward Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 25-10-2021 4,022 1,571 761 320 176 166 12,112 13,178 462 3,445 2,385 226 26-10-2021 4,484 1,
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 25, 2021 – October 29, 2021. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancel Forward Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 25-10-2021 4,022 1,571 761 320 176 166 12,112 13,178 462 3,445 2,385 226 26-10-2021 4,484 1,
Nov 29, 2021
Foreign Exchange Turnover Data: October 18 - October 22, 2021
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 18, 2021 – October 22, 2021. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancel Forward Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 18-10-2021 4,726 1,382 916 419 100 154 8,683 9,222 1,220 3,723 2,357 175 20-10-2021 6,519 2,
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 18, 2021 – October 22, 2021. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancel Forward Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 18-10-2021 4,726 1,382 916 419 100 154 8,683 9,222 1,220 3,723 2,357 175 20-10-2021 6,519 2,
Nov 29, 2021
Foreign Exchange Turnover Data: October 11 - October 14, 2021
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 11, 2021 – October 14, 2021. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancel Forward Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 11-10-2021 1,757 1,866 520 195 160 132 9,371 6,649 386 3,252 988 168 12-10-2021 3,967 2,504
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 11, 2021 – October 14, 2021. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancel Forward Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 11-10-2021 1,757 1,866 520 195 160 132 9,371 6,649 386 3,252 988 168 12-10-2021 3,967 2,504
Nov 29, 2021
RBI to conduct 28-day Variable Rate Reverse Repo auction under LAF on November 30, 2021
The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on November 30, 2021, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 28 10:30 AM to 11:00 AM December 28, 2021 (Tuesday) 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 Director (Communications) Press Release: 2021-2022/1271
The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on November 30, 2021, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 28 10:30 AM to 11:00 AM December 28, 2021 (Tuesday) 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 Director (Communications) Press Release: 2021-2022/1271
Nov 29, 2021
RBI to conduct 7-day Variable Rate Reverse Repo auction under LAF on November 30, 2021
The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on November 30, 2021, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,00,000 7 12:30 PM to 1:00 PM December 07, 2021 (Tuesday) 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 Director (Communications) Press Release: 2021-2022/1270
The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on November 30, 2021, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,00,000 7 12:30 PM to 1:00 PM December 07, 2021 (Tuesday) 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 Director (Communications) Press Release: 2021-2022/1270
Nov 29, 2021
Supersession of the Board of Directors and Appointment of Administrator - M/s Reliance Capital Ltd
In exercise of the powers conferred under Section 45-IE (1) of the Reserve Bank of India Act, 1934, the Reserve Bank has today superseded the Board of Directors of M/s Reliance Capital Ltd (RCL) in view of the defaults by RCL in meeting the various payment obligations to its creditors and serious governance concerns which the Board has not been able to address effectively. Shri Nageswar Rao Y (Ex-Executive Director, Bank of Maharashtra) has been appointed as the Admin
In exercise of the powers conferred under Section 45-IE (1) of the Reserve Bank of India Act, 1934, the Reserve Bank has today superseded the Board of Directors of M/s Reliance Capital Ltd (RCL) in view of the defaults by RCL in meeting the various payment obligations to its creditors and serious governance concerns which the Board has not been able to address effectively. Shri Nageswar Rao Y (Ex-Executive Director, Bank of Maharashtra) has been appointed as the Admin
Nov 26, 2021
Results of Underwriting Auctions Conducted on November 26, 2021
In the underwriting auctions conducted on November 26, 2021 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 r
In the underwriting auctions conducted on November 26, 2021 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 r
Nov 26, 2021
Money Market Operations as on November 25, 2021
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,33,643.07 3.27 1.00-5.20 I. Call Money 6,898.92 3.21 2.00-3.50 II. Triparty Repo 3,94,694.05 3.25 3.11-3.34 III. Market Repo 1,30,965.10 3.31 1.00-3.45 IV. Repo in Corporate Bond 1,085.00 3.59 3.45-5.20 B. Term Segment I. Notice Money** 463.15 3.29 2.75-3.45 II. Term Money@@ 229.00 - 3.20-4.00 III. Triparty Repo 2,800.00 3.31 3.30-3.33
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,33,643.07 3.27 1.00-5.20 I. Call Money 6,898.92 3.21 2.00-3.50 II. Triparty Repo 3,94,694.05 3.25 3.11-3.34 III. Market Repo 1,30,965.10 3.31 1.00-3.45 IV. Repo in Corporate Bond 1,085.00 3.59 3.45-5.20 B. Term Segment I. Notice Money** 463.15 3.29 2.75-3.45 II. Term Money@@ 229.00 - 3.20-4.00 III. Triparty Repo 2,800.00 3.31 3.30-3.33
Nov 26, 2021
Sovereign Gold Bond Scheme 2021-22 Series VIII - Issue Price
In terms of GoI notification F.No.4(5)-B(W&M)/2021 and RBI press release dated October 21, 2021, the Sovereign Gold Bond Scheme 2021-22 - Series VIII will be open for subscription for the period from November 29, 2021 – December 03, 2021. The nominal value of the bond based on the simple average closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three business days of the week preceding the subscr
In terms of GoI notification F.No.4(5)-B(W&M)/2021 and RBI press release dated October 21, 2021, the Sovereign Gold Bond Scheme 2021-22 - Series VIII will be open for subscription for the period from November 29, 2021 – December 03, 2021. The nominal value of the bond based on the simple average closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three business days of the week preceding the subscr
Nov 26, 2021
Reserve Bank of India imposes monetary penalty on State Bank of India
The Reserve Bank of India (RBI) has, by an order dated November 16, 2021, imposed a monetary penalty of ₹1.00 Crore (Rupees One Crore only) on State Bank of India (the bank) for contravention of sub-section (2) of section 19 of the Banking Regulation Act, 1949 (the Act). This penalty has been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1) of the Act. This action is based on deficiencies
The Reserve Bank of India (RBI) has, by an order dated November 16, 2021, imposed a monetary penalty of ₹1.00 Crore (Rupees One Crore only) on State Bank of India (the bank) for contravention of sub-section (2) of section 19 of the Banking Regulation Act, 1949 (the Act). This penalty has been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1) of the Act. This action is based on deficiencies
Nov 26, 2021
RBI imposes monetary penalty on The Modasa Nagarik Sahakari Bank Ltd., Modasa, Aravalli District, Gujarat
The Reserve Bank of India (RBI) has, by an order dated November 26, 2021, imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on The Modasa Nagarik Sahakari Bank Ltd., Aravalli, Gujarat (the bank) for contravention of directions issued by RBI on ‘Loans and advances to directors, relatives and firms / concerns in which they are interested’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read w
The Reserve Bank of India (RBI) has, by an order dated November 26, 2021, imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on The Modasa Nagarik Sahakari Bank Ltd., Aravalli, Gujarat (the bank) for contravention of directions issued by RBI on ‘Loans and advances to directors, relatives and firms / concerns in which they are interested’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read w
Nov 26, 2021
RBI imposes monetary penalty on The Rander People’s Co-operative Bank Ltd., Rander, Surat District, Gujarat
The Reserve Bank of India (RBI) has, by an order dated November 26, 2021, imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on The Rander People’s Co-operative Bank Ltd., Surat, Gujarat (the bank) for contravention of directions issued by RBI on ‘Loans and advances to directors, relatives and firms / concerns in which they are interested’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read
The Reserve Bank of India (RBI) has, by an order dated November 26, 2021, imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on The Rander People’s Co-operative Bank Ltd., Surat, Gujarat (the bank) for contravention of directions issued by RBI on ‘Loans and advances to directors, relatives and firms / concerns in which they are interested’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read
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