Press Releases

Data on sectoral deployment of bank credit for the month of January 20231 collected from 40 select scheduled commercial banks, accounting for about 93 per cent of the total non-food credit deployed by all scheduled commercial banks, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 registered a growth of 16.7 per cent in January 2023 as compared with 8.3 per cent a year ago. Highlights of the sectoral deployment of bank credit

Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Years) 1 Andhra Pradesh 500 500 7.70 5 900 900 7.74 9 1000 1000 7.77 17 500 500 7.69 20 2 Bihar 2000 2000 7.72 10 3 Gujarat 1500 1500 7.71 10 4 Haryana 2000 2000 7.73 9 5 Kerala 1000 1000 7.58 26 6 Madhya Pradesh 3000 3000 7.69 20 7 Maharashtra 2500 2500 7.72 8 2500 2500 7.74 10 8 Manipur 200 200 7.76 12 9 Punjab 500 500 7.69 16 1500 1500 99.10/7.6884 Reissue of

(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) 562,150.94 6.67 4.50-6.88 I. Call Money 16,341.41 6.72 4.50-6.80 II. Triparty Repo 384,404.65 6.68 6.52-6.88 III. Market Repo 160,279.88 6.63 5.70-6.80 IV. Repo in Corporate Bond 1,125.00 6.70 6.70-6.70 B. Term Segment I. Notice Money** 103.00 6.32 5.95-6.76 II. Term Money@@ 216.00 - 6.30-7.00 III. Triparty Repo 0.00 - - IV. Market Repo

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹32,833 Crore (Face Value). The revision is due to change in amount to be raised by Andhra Pradesh. Sr. No State Amount to be raised (₹ Crore) Additional Borrowing (Greenshoe) Option (₹ Crore) Tenure (Year) Type of Auction 1 Andhra Pradesh 500 - 5 Yield 900 - 9 Yield 1000 - 17 Yield 500 - 20 Yield 2 Bihar 2000 - 10 Yield 3 Gujarat 1500 - 10 Yield 4 Haryana 2000 - 9

A compendium on Business Continuity Measures undertaken by the Reserve Bank of India (RBI) during the COVID-19 Pandemic was released on February 17, 2023 in the annual conference of the Corporate Strategy and Budget Department of the Reserve Bank of India (RBI) by Dr. Michael Debabrata Patra, Deputy Governor. To tackle the challenges posed by the pandemic, RBI mobilised on an unprecedented scale and speed to put in place a cross-functional response to safeguard lives

The Reserve Bank of India (RBl) has imposed, by an order dated February 20, 2023, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Vyaparik Audhyogik Sahakari Bank Limited, Indore (Madhya Pradesh) (the bank) for contravention of/ non-adherence with the Directions issued by RBI to Urban Co-operative Banks on Exposure Norms & Statutory/Other Restrictions-UCBs and Investments by Primary (Urban) Co-operative Banks. This penalty has been imposed in exercise o

Today, the Reserve Bank released quarterly statistics on deposits and credit of scheduled commercial banks (SCBs) for December 2022 on its Database on Indian Economy (DBIE) portal (web-link: https://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!3). Data are collected from all SCBs under the basic statistical return (BSR) – 7 system1, and statistics on bank credit and deposits are being released as per geography, population group and bank group level disaggregation.

The Reserve Bank of India (RBI) has, by an order dated February 21, 2023, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only) on The Rajkot Commercial Co-operative Bank Ltd., Rajkot (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Prudential Norms Income Recognition, Asset Classification, Provisioning and Other Related Matters’, ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’ and ‘Guidelines for

Tenor 14-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 12,752 Amount accepted (in ₹ crore) 12,752 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: 2022-2023/1776