Press Releases

7.06% GS 2028 7.18% GS 2033 7.30% GS 2053 I. Notified Amount ₹8,000 crore ₹14,000 crore ₹11,000 crore II. Cut off Price / Implicit Yield at cut-off 99.47/7.1941% 100.03/7.1751% 99.17/7.3679% III. Amount accepted in the auction ₹8,000 crore ₹14,000 crore ₹11,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL Ajit Prasad Director (Communications) Press Release: 2023-2024/812

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 August 30, 2023 (Wednesday) August 31, 2023 (Thursday) 2 182 Days 8,000 3 364 Days 6,000 Total 24,000 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 N

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹15,900 Crore (Face Value). Sr. No. State Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1 Andhra Pradesh 1000 - 11 Yield 2 Bihar 2000 - 8 Yield 3 Goa 100 - 10 Yield 4 Haryana 1500 - 10 Yield 1000 - 12 Yield 5 Kerala 1300 - 18 Yield 6 Rajasthan 1000 - 10 Yield 1000 - 16 Yield 500 - 18 Yield 7 Tamil Nadu 2000

The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Akola Merchant Co-operative Bank Ltd., Akola, Maharashtra with The Jalgaon Peoples Co-operative Bank Ltd., Jalgaon, Maharashtra. The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from August 28, 2023. The branches of Akola Merchant Co-operative

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2022 2023 Variation Aug. 19 Aug. 11 Aug. 18 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 7689 14255 15343 1088 7654 * Data are provisional. 2. Foreign Exchange Reserves* Item As on August 18, 2023 Variation over Week End-March 2023 Year ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. 1 2 3 4 5 6 7 8 1 Total Reserves 4943746 594888 -44617 -7273 1

Tenor 14-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 22,419 Amount accepted (in ₹ crore) 22,419 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: 2023-2024/811

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The Reserve Bank of India (RBI) has imposed, by an order dated August 17, 2023, a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on The Kolhapur Urban Co-operative Bank Ltd., Kolhapur, Maharashtra (the bank) for non-compliance with directions issued by RBI on ‘Maintenance of Deposit Accounts - Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (

The Reserve Bank of India (RBI) has imposed, by an order dated August 14, 2023, a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only) on The Midnapore People’s Co-operative Bank Ltd., West Bengal (the bank) for non-compliance with the directions issued by RBI on ‘Exposure Norms and Statutory / Other Restrictions – UCBs’ and ‘Know Your Customer (KYC) Direction, 2016’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47