Press Releases

The Reserve Bank of India (RBl) has imposed, by an order dated February 14, 2023, a monetary penalty of ₹1.50 lakh (Rupees One lakh fifty thousand only) on Osmanabad Janata Sahakari Bank Ltd., Osmanabad (Maharashtra) (the bank) for contravention of/non-compliance with the provisions of the Banking Regulation Act, 1949 (the Act) and the Depositor Education and Awareness Fund Scheme, 2014 (the Scheme). This penalty has been imposed in exercise of powers vested in RBI un

The Reserve Bank of India (RBl) has imposed, by an order dated February 14, 2023, a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Jila Sahakari Kendriya Bank Maryadit, Bhind (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 provisio

Today, the Reserve Bank of India releases Volume 43, No.1, 2022 of its Occasional Papers, a research journal containing contributions from its staff. This issue contains four articles and three book reviews. Articles: 1. Carbon Dioxide Emissions from India’s Manufacturing Sector: A Decomposition Analysis In this paper, Shashi Kant, Madhuresh Kumar, Shahbaaz Khan and Somnath Sharma decompose the increase in annual carbon dioxide (CO2) emissions from the registered manu

(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

In the underwriting auctions conducted on February 17, 2023 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

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 547,221.65 6.26 4.55-6.40 I. Call Money 13,999.99 6.32 4.55-6.35 II. Triparty Repo 381,811.10 6.24 6.00-6.30 III. Market Repo 150,157.56 6.29 5.80-6.40 IV. Repo in Corporate Bond 1,253.00 6.35 6.35-6.35 B. Term Segment I. Notice Money** 109.30 6.12 5.35-6.35 II. Term Money@@ 481.00 - 6.20-7.00 III. Triparty Repo 0.00 - - IV. Market Repo

As part of convergence of the Reserve Bank’s regulations for banks with Basel III standards, the Reserve Bank of India has today placed on its website ‘Draft Guidelines for Minimum Capital Requirements for Market Risk’ for comments of stakeholders and members of the public. These guidelines shall be applicable to all Commercial Banks (excluding Local Area Banks, Payments Banks, Regional Rural Banks and Small Finance Banks) and shall come into effect from April 1, 2024

Reserve Bank of India, vide its press release dated December 07, 2021, had constituted an Advisory Committee under Rule 5 (c) of the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules, 2019, to advise the Administrator in the operations of the financial service providers during the corporate insolvency resolution process. Consequent upon the resignation of Shri Srinivasan Va

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹20,737 Crore (Face Value). Sr. No State Amount to be raised (₹ Crore) Additional Borrowing (Greenshoe) Option (₹ Crore) Tenure (Year) Type of Auction 1 Andhra Pradesh 1000 - 07 Yield 1000 - 10 Yield 2 Assam 800 - 10 Yield 3 Bihar 2000 - 10 Yield 4 Gujarat 1000 - 07 Yield 5 Haryana 1000 - 10 Yield 6 Himachal Pradesh 700 - 09 Yield 1300 - 15 Yield 7 Madhya Pradesh 3

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 7,000 February 22, 2023 (Wednesday) February 23, 2023 (Thursday) 2 182 Days 12,000 3 364 Days 10,000 Total 29,000 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 Amendm