Press Releases

The Reserve Bank of India, vide Directive LKO.DOS.SED.No.S850/10-03-030/2022-2023 dated March 02, 2023, issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), had placed the Banaras Merchantile Co-operative Bank Ltd., Varanasi (U.P) under Directions from the close of business on March 03, 2023. The validity of the Directions was up to September 03, 2023. 2. It is hereby notified for the information

The Reserve Bank of India (RBI) today held a Conference of Directors on the Boards of Tier 3 and 4 Urban Cooperative Banks (UCBs) in Mumbai Zone. The Governor, RBI inaugurated the Conference on the theme ‘Governance in Banks - Driving Sustainable Growth and Stability’. Deputy Governors Shri M. Rajeshwar Rao and Shri Swaminathan J., along with Executive Directors representing the RBI’s Departments of Supervision, Regulation and Enforcement, and other senior officials,

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 536,421.76 6.76 5.60-7.85 I. Call Money 7,220.09 6.75 5.60-6.85 II. Triparty Repo 380,961.75 6.75 6.55-6.77 III. Market Repo 148,209.92 6.77 6.25-6.90 IV. Repo in Corporate Bond 30.00 7.85 7.85-7.85 B. Term Segment I. Notice Money** 1,525.65 6.71 5.00-6.80 II. Term Money@@ 361.00 - 6.90-7.10 III. Triparty Repo 336.10 6.75 6.60-6.75 IV. M

In terms of Para 13 of the Consolidated Procedural Guidelines on the Sovereign Gold Bond (SGB) Scheme issued by the Reserve Bank of India vide circular IDMD.CDD.1100/14.04.050/2021-22 dated October 22, 2021, premature redemption of the gold bonds is permitted after five years from the date of issue of such bonds. 2. Accordingly, the details of tranches falling due for premature redemption during the period October 01, 2023 to March 31, 2024, along with the window avai

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹10000 Crore ₹8000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 201 196 176 (ii) Amount ₹38952.050 Crore ₹25055.100 Crore ₹27597.500 Crore III. Cut-off price / Yield 98.3275 96.6180 93.4487 (YTM:6.8225%) (YTM:7.0200%) (YTM:7.0298%) IV. Competitive Bids Accepted (i) Number 40 50 22 (ii) Amount ₹9973.149 Crore ₹7954.711 Crore ₹5980.783 Crore V. Partial Allotment Percentage of Competitive Bids 17.

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 July 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/826

The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of July 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/824

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.S-381/10.12.359/2023-24 dated August 28, 2023, has issued certain Directions to Purvanchal Co-operative Bank Limited, Ghazipur, whereby, as from the close of business on August

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. NGP.DoS.SSM 3.No.S675/15.03.302/2023-2024 dated August 28, 2023, has issued certain Directions to Ajantha Urban Co-operative Bank Maryadit, Aurangabad, whereby, as from the close of business

The Financial Action Task Force (FATF) vide public document ‘High-Risk Jurisdictions subject to a Call for Action’ – June 2023, has called on its members and other jurisdictions to refer to the statement on Democratic People’s Republic of Korea (DPRK) and Iran adopted in February 2020 which remains in effect. Further, Myanmar was added to the list of High-Risk Jurisdictions subject to a Call for Action under in the October 2022 FATF plenary and FATF has called on its