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Press Releases
ਜੂਨ 26, 2023
Money Market Operations as on June 25, 2023
(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
ਜੂਨ 23, 2023
Results of Underwriting Auctions Conducted on June 23, 2023
In the underwriting auctions conducted on June 23, 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 rate
In the underwriting auctions conducted on June 23, 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 rate
ਜੂਨ 23, 2023
Money Market Operations as on June 22, 2023
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 505,489.64 6.30 0.01-7.55 I. Call Money 10,272.32 6.40 5.00-6.50 II. Triparty Repo 330,700.45 6.28 6.20-6.38 III. Market Repo 164,338.30 6.33 0.01-6.50 IV. Repo in Corporate Bond 178.57 6.87 6.60-7.55 B. Term Segment I. Notice Money** 71.75 6.22 5.90-6.40 II. Term Money@@ 280.00 - 6.70-6.75 III. Triparty Repo 0.00 - - IV. Market Repo 100
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 505,489.64 6.30 0.01-7.55 I. Call Money 10,272.32 6.40 5.00-6.50 II. Triparty Repo 330,700.45 6.28 6.20-6.38 III. Market Repo 164,338.30 6.33 0.01-6.50 IV. Repo in Corporate Bond 178.57 6.87 6.60-7.55 B. Term Segment I. Notice Money** 71.75 6.22 5.90-6.40 II. Term Money@@ 280.00 - 6.70-6.75 III. Triparty Repo 0.00 - - IV. Market Repo 100
ਜੂਨ 23, 2023
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption due on June 26, 2023 (Series XIII of SGB 2017-18)
In terms of GOI Notification F.No.4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18, Series XIII - Issue date December 26, 2017) on Sovereign Gold Bond 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. Accordingly, the next due date of premature redemption of the above tranche shall be June 26, 2023. 2. Further, the redemption price of SGB shall be based
In terms of GOI Notification F.No.4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18, Series XIII - Issue date December 26, 2017) on Sovereign Gold Bond 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. Accordingly, the next due date of premature redemption of the above tranche shall be June 26, 2023. 2. Further, the redemption price of SGB shall be based
ਜੂਨ 23, 2023
Auction of State Government Securities
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹22,450 Crore (Face Value). Sr. No State Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1 Andhra Pradesh 500 - 16 Yield 500 - 18 Yield 1000 - 20 Yield 2 Chhattisgarh 1000 - 7 Yield 1000 - 8 Yield 3 Goa 100 - 15 Yield 4 Gujarat 1000 500 7 Yield 5 Haryana 1000 - 10 Yield 6 Kerala 1000 - 29 Yield 7 Maharashtra 2
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹22,450 Crore (Face Value). Sr. No State Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1 Andhra Pradesh 500 - 16 Yield 500 - 18 Yield 1000 - 20 Yield 2 Chhattisgarh 1000 - 7 Yield 1000 - 8 Yield 3 Goa 100 - 15 Yield 4 Gujarat 1000 500 7 Yield 5 Haryana 1000 - 10 Yield 6 Kerala 1000 - 29 Yield 7 Maharashtra 2
ਜੂਨ 23, 2023
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 12,000 June 29, 2023 (Thursday) June 30, 2023 (Friday) 2 182 Days 12,000 3 364 Days 8,000 Total 32,000 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 Notific
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 12,000 June 29, 2023 (Thursday) June 30, 2023 (Friday) 2 182 Days 12,000 3 364 Days 8,000 Total 32,000 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 Notific
ਜੂਨ 23, 2023
RBI imposes monetary penalty on Jammu and Kashmir Bank Limited
The Reserve Bank of India (RBI) has, by an order dated June 22, 2023 imposed a monetary penalty of ₹2,50,00,000/- (Rupees Two crore and Fifty lakh only) on Jammu and Kashmir Bank Limited (the bank) for non-compliance with certain directions issued by RBI on ‘Creation of a Central Repository of Large Common Exposures-Across Banks’, read with ‘Central Repository of Information on Large Credits (CRILC) – Revision in Reporting’, ‘Loans and Advances – Statutory and other R
The Reserve Bank of India (RBI) has, by an order dated June 22, 2023 imposed a monetary penalty of ₹2,50,00,000/- (Rupees Two crore and Fifty lakh only) on Jammu and Kashmir Bank Limited (the bank) for non-compliance with certain directions issued by RBI on ‘Creation of a Central Repository of Large Common Exposures-Across Banks’, read with ‘Central Repository of Information on Large Credits (CRILC) – Revision in Reporting’, ‘Loans and Advances – Statutory and other R
ਜੂਨ 23, 2023
Government Stock - Full Auction Results
Auction Results 7.17% GS 2030 7.41% GS 2036 7.25% GS 2063 I. Notified Amount ₹7000 Crore ₹12000 Crore ₹12000 Crore II. Underwriting Notified Amount ₹7000 Crore ₹12000 Crore ₹12000 Crore III. Competitive Bids Received (i) Number 135 212 244 (ii) Amount ₹16771 Crore ₹32870 Crore ₹35641.956 Crore IV. Cut-off price / Yield 100.42 101.90 98.85 (YTM: 7.0884%) (YTM: 7.1873%) (YTM: 7.3391%) V. Competitive Bids Accepted (i) Number 62 56 75 (ii) Amount ₹6979.727 Crore ₹11990.43
Auction Results 7.17% GS 2030 7.41% GS 2036 7.25% GS 2063 I. Notified Amount ₹7000 Crore ₹12000 Crore ₹12000 Crore II. Underwriting Notified Amount ₹7000 Crore ₹12000 Crore ₹12000 Crore III. Competitive Bids Received (i) Number 135 212 244 (ii) Amount ₹16771 Crore ₹32870 Crore ₹35641.956 Crore IV. Cut-off price / Yield 100.42 101.90 98.85 (YTM: 7.0884%) (YTM: 7.1873%) (YTM: 7.3391%) V. Competitive Bids Accepted (i) Number 62 56 75 (ii) Amount ₹6979.727 Crore ₹11990.43
ਜੂਨ 23, 2023
RBI imposes monetary penalty on Bank of Maharashtra
The Reserve Bank of India (RBI) has, by an order dated June 22, 2023, imposed a monetary penalty of ₹1.45 Crore (Rupees One Crore and forty five Lakh only) on Bank of Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and Advances – Statutory and Other Restrictions’ and Advisory on ‘Man in the Middle (MiTM) Attacks in ATMs’ (the Advisory). This penalty has been imposed in exercise of powers vested in RBI conferred under the provi
The Reserve Bank of India (RBI) has, by an order dated June 22, 2023, imposed a monetary penalty of ₹1.45 Crore (Rupees One Crore and forty five Lakh only) on Bank of Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and Advances – Statutory and Other Restrictions’ and Advisory on ‘Man in the Middle (MiTM) Attacks in ATMs’ (the Advisory). This penalty has been imposed in exercise of powers vested in RBI conferred under the provi
ਜੂਨ 23, 2023
RBI imposes monetary penalty on Axis Bank Ltd.
The Reserve Bank of India (RBI) has, by an order dated June 22, 2023, imposed a monetary penalty of ₹30.00 Lakh (Rupees Thirty lakh only) on Axis Bank Ltd. (the bank) for non-compliance with certain provisions of the RBI directions on ‘Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Credit Card Accounts’. This penalty has been imposed in exercise of powers vested in RBI conferred under the provisions of section 47
The Reserve Bank of India (RBI) has, by an order dated June 22, 2023, imposed a monetary penalty of ₹30.00 Lakh (Rupees Thirty lakh only) on Axis Bank Ltd. (the bank) for non-compliance with certain provisions of the RBI directions on ‘Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Credit Card Accounts’. This penalty has been imposed in exercise of powers vested in RBI conferred under the provisions of section 47
ਜੂਨ 23, 2023
Reserve Bank of India - Bulletin Weekly Statistical Supplement - Extract
1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2022 2023 Variation Jun. 17 Jun. 9 Jun. 16 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 7869 18267 7480 -10787 -389 * Data are provisional. 2. Foreign Exchange Reserves* Item As on June 16, 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 4884306 596098 -11833 2350 1300
1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2022 2023 Variation Jun. 17 Jun. 9 Jun. 16 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 7869 18267 7480 -10787 -389 * Data are provisional. 2. Foreign Exchange Reserves* Item As on June 16, 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 4884306 596098 -11833 2350 1300
ਜੂਨ 23, 2023
RBI Bulletin - June 2023
Today, the Reserve Bank released the June 2023 issue of its monthly Bulletin. The Bulletin includes Monetary Policy Statement June 8, 2023, seven speeches, five articles and current statistics. The five articles are: I. State of the Economy; II. Weather Events and their Impact on Growth and Inflation in India; III. OPEC Oil Supply Announcements: An Assessment of Impact on the Indian Economy; IV. Financial Literacy in India: Insights from a Field Survey; and V. Re
Today, the Reserve Bank released the June 2023 issue of its monthly Bulletin. The Bulletin includes Monetary Policy Statement June 8, 2023, seven speeches, five articles and current statistics. The five articles are: I. State of the Economy; II. Weather Events and their Impact on Growth and Inflation in India; III. OPEC Oil Supply Announcements: An Assessment of Impact on the Indian Economy; IV. Financial Literacy in India: Insights from a Field Survey; and V. Re
ਜੂਨ 23, 2023
Government Stock - Auction Results: Cut-off
7.17% GS 2030 7.41% GS 2036 7.25% GS 2063 I. Notified Amount ₹7,000 crore ₹12,000 crore ₹12,000 crore II. Cut off Price / Implicit Yield at cut-off 100.42/7.0884% 101.90/7.1873% 98.85/7.3391% III. Amount accepted in the auction ₹7,000 crore ₹12,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL Ajit Prasad Director (Communications) Press Release: 2023-2024/452
7.17% GS 2030 7.41% GS 2036 7.25% GS 2063 I. Notified Amount ₹7,000 crore ₹12,000 crore ₹12,000 crore II. Cut off Price / Implicit Yield at cut-off 100.42/7.0884% 101.90/7.1873% 98.85/7.3391% III. Amount accepted in the auction ₹7,000 crore ₹12,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL Ajit Prasad Director (Communications) Press Release: 2023-2024/452
ਜੂਨ 22, 2023
Money Market Operations as on June 21, 2023
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 505,353.07 6.36 5.00-7.55 I. Call Money 8,715.38 6.47 5.00-6.55 II. Triparty Repo 322,004.25 6.32 6.02-6.50 III. Market Repo 174,453.44 6.44 6.10-6.65 IV. Repo in Corporate Bond 180.00 7.02 6.60-7.55 B. Term Segment I. Notice Money** 74.00 6.34 6.20-6.50 II. Term Money@@ 536.00 - 6.60-6.90 III. Triparty Repo 10.00 6.26 6.26-6.26 IV. Mark
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 505,353.07 6.36 5.00-7.55 I. Call Money 8,715.38 6.47 5.00-6.55 II. Triparty Repo 322,004.25 6.32 6.02-6.50 III. Market Repo 174,453.44 6.44 6.10-6.65 IV. Repo in Corporate Bond 180.00 7.02 6.60-7.55 B. Term Segment I. Notice Money** 74.00 6.34 6.20-6.50 II. Term Money@@ 536.00 - 6.60-6.90 III. Triparty Repo 10.00 6.26 6.26-6.26 IV. Mark
ਜੂਨ 22, 2023
Minutes of the Monetary Policy Committee Meeting, June 6 to 8, 2023
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The forty third meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during June 6 to 8, 2023. 2. The meeting was attended by all the members – Dr. Shashanka Bhide, Honorary Senior Advisor, National Council of Applied Economic Research, Delhi; Dr. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mumbai
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The forty third meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during June 6 to 8, 2023. 2. The meeting was attended by all the members – Dr. Shashanka Bhide, Honorary Senior Advisor, National Council of Applied Economic Research, Delhi; Dr. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mumbai
ਜੂਨ 22, 2023
Underwriting Auction for sale of Government Securities for ₹31,000 crore on June 23, 2023
Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on June 23, 2023. 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 A
Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on June 23, 2023. 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 A
ਜੂਨ 21, 2023
Money Market Operations as on June 20, 2023
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 520,177.87 6.41 5.00-7.60 I. Call Money 10,074.05 6.55 5.00-6.65 II. Triparty Repo 332,925.15 6.37 6.15-6.57 III. Market Repo 177,023.67 6.46 6.00-6.73 IV. Repo in Corporate Bond 155.00 7.14 6.65-7.60 B. Term Segment I. Notice Money** 51.80 6.22 5.80-6.50 II. Term Money@@ 23.00 - 6.65-6.70 III. Triparty Repo 0.00 - - IV. Market Repo 500.
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 520,177.87 6.41 5.00-7.60 I. Call Money 10,074.05 6.55 5.00-6.65 II. Triparty Repo 332,925.15 6.37 6.15-6.57 III. Market Repo 177,023.67 6.46 6.00-6.73 IV. Repo in Corporate Bond 155.00 7.14 6.65-7.60 B. Term Segment I. Notice Money** 51.80 6.22 5.80-6.50 II. Term Money@@ 23.00 - 6.65-6.70 III. Triparty Repo 0.00 - - IV. Market Repo 500.
ਜੂਨ 21, 2023
Portfolios of Deputy Governors
Consequent on demitting of office by Shri M.K Jain, Deputy Governor, the following will be the portfolios of the Deputy Governors with effect from June 22, 2023: Name Departments Dr. M.D. Patra 1. Co-ordination 2. Corporate Strategy and Budget Department 3. Department of Economic and Policy Research 4. Department of Statistics and Information Management 5. Deposit Insurance and Credit Guarantee Corporation 6. Financial Markets Operations Department 7. Financial Market
Consequent on demitting of office by Shri M.K Jain, Deputy Governor, the following will be the portfolios of the Deputy Governors with effect from June 22, 2023: Name Departments Dr. M.D. Patra 1. Co-ordination 2. Corporate Strategy and Budget Department 3. Department of Economic and Policy Research 4. Department of Statistics and Information Management 5. Deposit Insurance and Credit Guarantee Corporation 6. Financial Markets Operations Department 7. Financial Market
ਜੂਨ 21, 2023
Reserve Money for the week ended June 16, 2023
The Reserve Bank has today released data on Reserve Money for the week ended June 16, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/445
The Reserve Bank has today released data on Reserve Money for the week ended June 16, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/445
ਜੂਨ 21, 2023
Treasury Bills: Full Auction Result
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹12000 Crore ₹12000 Crore ₹8000 Crore II. Competitive Bids Received (i) Number 153 198 124 (ii) Amount ₹58615.560 Crore ₹35215 Crore ₹23072 Crore III. Cut-off price / Yield 98.3481 96.6744 93.5706 (YTM: 6.7370%) (YTM: 6.8989%) (YTM: 6.8901%) IV. Competitive Bids Accepted (i) Number 7 67 12 (ii) Amount ₹11967.284 Crore ₹11972.29 Crore ₹7987.926 Crore V. Partial Allotment Percentage of Competitive Bids 38.52%
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹12000 Crore ₹12000 Crore ₹8000 Crore II. Competitive Bids Received (i) Number 153 198 124 (ii) Amount ₹58615.560 Crore ₹35215 Crore ₹23072 Crore III. Cut-off price / Yield 98.3481 96.6744 93.5706 (YTM: 6.7370%) (YTM: 6.8989%) (YTM: 6.8901%) IV. Competitive Bids Accepted (i) Number 7 67 12 (ii) Amount ₹11967.284 Crore ₹11972.29 Crore ₹7987.926 Crore V. Partial Allotment Percentage of Competitive Bids 38.52%
ਜੂਨ 21, 2023
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 ₹12,000 Crore ₹12,000 Crore ₹8,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3481 (YTM: 6.7370%) 96.6744 (YTM: 6.8989%) 93.5706 (YTM: 6.8901%) IV. Total Face Value Accepted ₹12,000 Crore ₹12,000 Crore ₹8,000 Crore Ajit Prasad Director (Communications) Press Release: 2023-2024/443
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹12,000 Crore ₹12,000 Crore ₹8,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3481 (YTM: 6.7370%) 96.6744 (YTM: 6.8989%) 93.5706 (YTM: 6.8901%) IV. Total Face Value Accepted ₹12,000 Crore ₹12,000 Crore ₹8,000 Crore Ajit Prasad Director (Communications) Press Release: 2023-2024/443
ਜੂਨ 20, 2023
Money Market Operations as on June 19, 2023
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 545,843.43 6.60 5.00-7.80 I. Call Money 9,937.91 6.64 5.00-6.85 II. Triparty Repo 357,986.95 6.60 6.20-6.77 III. Market Repo 177,738.57 6.60 5.50-6.80 IV. Repo in Corporate Bond 180.00 7.22 6.75-7.80 B. Term Segment I. Notice Money** 336.50 6.60 6.00-6.70 II. Term Money@@ 348.00 - 6.65-6.95 III. Triparty Repo 10.00 6.51 6.51-6.51 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) 545,843.43 6.60 5.00-7.80 I. Call Money 9,937.91 6.64 5.00-6.85 II. Triparty Repo 357,986.95 6.60 6.20-6.77 III. Market Repo 177,738.57 6.60 5.50-6.80 IV. Repo in Corporate Bond 180.00 7.22 6.75-7.80 B. Term Segment I. Notice Money** 336.50 6.60 6.00-6.70 II. Term Money@@ 348.00 - 6.65-6.95 III. Triparty Repo 10.00 6.51 6.51-6.51 IV. Mar
ਜੂਨ 20, 2023
State Government Securities - Full Auction Result
The Result of the auction of State Government Securities held on June 20, 2023. (Amount in ₹ Crore) ANDHRA PRADESH 2032 ANDHRA PRADESH 2040 JAMMU AND KASHMIR UT 2035 MIZORAM 2038 Notified Amount 500 500 500 100 Tenure 9 17 12 15 Competitive Bids Received (i) No. 60 39 43 25 (ii) Amount 2400.5 2415 2835 780 Cut-off Yield (%) 7.40 7.35 7.36 7.36 Competitive Bids Accepted (i) No. 15 1 1 1 (ii) Amount 489.349 494.744 499.696 99.965 Partial Allotment Percentage of Competit
The Result of the auction of State Government Securities held on June 20, 2023. (Amount in ₹ Crore) ANDHRA PRADESH 2032 ANDHRA PRADESH 2040 JAMMU AND KASHMIR UT 2035 MIZORAM 2038 Notified Amount 500 500 500 100 Tenure 9 17 12 15 Competitive Bids Received (i) No. 60 39 43 25 (ii) Amount 2400.5 2415 2835 780 Cut-off Yield (%) 7.40 7.35 7.36 7.36 Competitive Bids Accepted (i) No. 15 1 1 1 (ii) Amount 489.349 494.744 499.696 99.965 Partial Allotment Percentage of Competit
ਜੂਨ 20, 2023
Result of Yield Based Auction of State Government Securities
Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Years) 1 Andhra Pradesh 500 500 7.40 9 500 500 7.35 17 2 Jammu and Kashmir 500 500 7.36 12 3 Mizoram 100 100 7.36 15 4 Tamil Nadu 2000 2000 7.39 10 2000 2000 7.34 20 TOTAL 5,600 5,600 Ajit Prasad Director (Communications) Press Release: 2023-2024/440
Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Years) 1 Andhra Pradesh 500 500 7.40 9 500 500 7.35 17 2 Jammu and Kashmir 500 500 7.36 12 3 Mizoram 100 100 7.36 15 4 Tamil Nadu 2000 2000 7.39 10 2000 2000 7.34 20 TOTAL 5,600 5,600 Ajit Prasad Director (Communications) Press Release: 2023-2024/440
ਜੂਨ 19, 2023
RBI to conduct 4-day Variable Rate Repo auction under LAF on June 19, 2023
On a review of current and evolving liquidity conditions, the Reserve Bank of India has decided to conduct a Variable Rate Repo auction on June 19, 2023, Monday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 4 12:30 PM to 1:00 PM June 23, 2023 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022. Ajit Prasad Director (Communic
On a review of current and evolving liquidity conditions, the Reserve Bank of India has decided to conduct a Variable Rate Repo auction on June 19, 2023, Monday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 4 12:30 PM to 1:00 PM June 23, 2023 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022. Ajit Prasad Director (Communic
ਜੂਨ 19, 2023
Money Market Operations as on June 16, 2023
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,456.70 6.29 5.00-7.70 I. Call Money 534.20 6.08 5.00-6.30 II. Triparty Repo 4,805.50 6.30 5.90-6.60 III. Market Repo 52.00 6.00 6.00-6.00 IV. Repo in Corporate Bond 65.00 7.70 7.70-7.70 B. Term Segment I. Notice Money** 9,984.79 6.64 5.40-6.75 II. Term Money@@ 100.00 - 6.88-6.88 III. Triparty Repo 320,753.20 6.54 6.25-7.00 IV. Market R
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,456.70 6.29 5.00-7.70 I. Call Money 534.20 6.08 5.00-6.30 II. Triparty Repo 4,805.50 6.30 5.90-6.60 III. Market Repo 52.00 6.00 6.00-6.00 IV. Repo in Corporate Bond 65.00 7.70 7.70-7.70 B. Term Segment I. Notice Money** 9,984.79 6.64 5.40-6.75 II. Term Money@@ 100.00 - 6.88-6.88 III. Triparty Repo 320,753.20 6.54 6.25-7.00 IV. Market R
ਜੂਨ 19, 2023
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 ₹31,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 7.17% GS 2030 Apr 17, 2030 7,000 F.No.4(3)-B(W&M)/2023 dated June 19, 2023 June 23, 2023 (Friday) June 26, 2023 (Monday) 2 7.41% GS 2036 Dec 19, 2036 12,000 3 7.25% GS 2063 June 12, 2063 12,000 &nb
Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹31,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 7.17% GS 2030 Apr 17, 2030 7,000 F.No.4(3)-B(W&M)/2023 dated June 19, 2023 June 23, 2023 (Friday) June 26, 2023 (Monday) 2 7.41% GS 2036 Dec 19, 2036 12,000 3 7.25% GS 2063 June 12, 2063 12,000 &nb
ਜੂਨ 19, 2023
RBI imposes monetary penalty on The Urban Co-operative Bank Ltd., Rourkela (Odisha)
The Reserve Bank of India (RBI) has imposed, by an order dated June 09, 2023, a monetary penalty of ₹6.00 lakh (Rupees Six lakh only) on The Urban Co-operative Bank Limited, Rourkela (the bank) for contravention of/ non-adherence with the directions issued by RBI on Know Your Customer (KYC) and 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)
The Reserve Bank of India (RBI) has imposed, by an order dated June 09, 2023, a monetary penalty of ₹6.00 lakh (Rupees Six lakh only) on The Urban Co-operative Bank Limited, Rourkela (the bank) for contravention of/ non-adherence with the directions issued by RBI on Know Your Customer (KYC) and 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)
ਜੂਨ 19, 2023
RBI imposes monetary penalty on Andhra Pradesh Mahesh Co-operative Urban Bank Ltd., Hyderabad
The Reserve Bank of India (RBI) has, by an order dated June 12, 2023, imposed a monetary penalty of ₹65.00 lakh (Rupees sixty-five lakh only) on Andhra Pradesh Mahesh Co-operative Urban Bank Ltd., Hyderabad (the bank) for non-compliance with directions issued by RBI on ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs), ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) - A Graded Approach’ and ‘Internet Bank
The Reserve Bank of India (RBI) has, by an order dated June 12, 2023, imposed a monetary penalty of ₹65.00 lakh (Rupees sixty-five lakh only) on Andhra Pradesh Mahesh Co-operative Urban Bank Ltd., Hyderabad (the bank) for non-compliance with directions issued by RBI on ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs), ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) - A Graded Approach’ and ‘Internet Bank
ਜੂਨ 19, 2023
RBI imposes monetary penalty on Dombivli Nagari Sahakari Bank Limited, Dombivli (Maharashtra)
The Reserve Bank of India (RBI) has, by an order dated June 12, 2023, imposed a monetary penalty of ₹50.00 lakh (Rupees fifty lakh only) on Dombivli Nagari Sahakari Bank Limited, Dombivli (the bank) for non-compliance with directions issued by RBI on ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) - A Graded Approach’. This penalty has been imposed in
The Reserve Bank of India (RBI) has, by an order dated June 12, 2023, imposed a monetary penalty of ₹50.00 lakh (Rupees fifty lakh only) on Dombivli Nagari Sahakari Bank Limited, Dombivli (the bank) for non-compliance with directions issued by RBI on ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) - A Graded Approach’. This penalty has been imposed in
ਜੂਨ 19, 2023
Result: Switch/Conversion auction of Government Securities
A. Source Security 7.35% GS 2024 8.40% GS 2024 FRB 2024 7.72% GS 2025 7.72% GS 2025 8.20% GS 2025 8.20% GS 2025 8.33% GS 2026 5.74% GS 2026 8.15% GS 2026 B. Notified Amount (amount in ₹ cr) 1,000 1,000 2,000 2,000 4,500 1,000 2,000 1,500 3,500 1,500 Destination Security 6.95% GS 2061 6.95% GS 2061 6.99% GS 2051 8.97% GS 2030 8.28% GS 2032 7.50% GS 2034 7.73% GS 2034 8.30% GS 2040 7.40% GS 2035 6.64% GS 2035 C. i. No. of offers received 4 2 12 1 11 7 3 6 20 9 ii. Total
A. Source Security 7.35% GS 2024 8.40% GS 2024 FRB 2024 7.72% GS 2025 7.72% GS 2025 8.20% GS 2025 8.20% GS 2025 8.33% GS 2026 5.74% GS 2026 8.15% GS 2026 B. Notified Amount (amount in ₹ cr) 1,000 1,000 2,000 2,000 4,500 1,000 2,000 1,500 3,500 1,500 Destination Security 6.95% GS 2061 6.95% GS 2061 6.99% GS 2051 8.97% GS 2030 8.28% GS 2032 7.50% GS 2034 7.73% GS 2034 8.30% GS 2040 7.40% GS 2035 6.64% GS 2035 C. i. No. of offers received 4 2 12 1 11 7 3 6 20 9 ii. Total
ਜੂਨ 19, 2023
Result of the 4-day Variable Rate Repo auction held on June 19, 2023
Tenor 4-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 75,695 Amount accepted (in ₹ crore) 75,004 Cut off Rate (%) 6.51 Weighted Average Rate (%) 6.52 Partial Acceptance Percentage of offers received at cut off rate 97.56 Ajit Prasad Director (Communications) Press Release: 2023-2024/433
Tenor 4-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 75,695 Amount accepted (in ₹ crore) 75,004 Cut off Rate (%) 6.51 Weighted Average Rate (%) 6.52 Partial Acceptance Percentage of offers received at cut off rate 97.56 Ajit Prasad Director (Communications) Press Release: 2023-2024/433
ਜੂਨ 19, 2023
Money Market Operations as on June 18, 2023
(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
ਜੂਨ 19, 2023
Money Market Operations as on June 17, 2023
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 11,290.70 6.54 5.50-6.99 I. Call Money 763.70 6.18 5.70-6.60 II. Triparty Repo 10,493.00 6.57 6.40-6.99 III. Market Repo 34.00 5.50 5.50-5.50 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.40 5.80 5.80-5.80 II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 11,290.70 6.54 5.50-6.99 I. Call Money 763.70 6.18 5.70-6.60 II. Triparty Repo 10,493.00 6.57 6.40-6.99 III. Market Repo 34.00 5.50 5.50-5.50 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.40 5.80 5.80-5.80 II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.
ਜੂਨ 17, 2023
Clarification on Banknote
The Reserve Bank of India (RBI) has come across reports circulating in certain sections of the media alleging missing of banknotes printed by banknote printing presses. The RBI emphasizes that these reports are not correct. These reports are based on erroneous interpretation of information collected under the Right to Information Act, 2005 from the printing presses. It may be noted that all banknotes supplied from printing presses to RBI are properly accounted for. It
The Reserve Bank of India (RBI) has come across reports circulating in certain sections of the media alleging missing of banknotes printed by banknote printing presses. The RBI emphasizes that these reports are not correct. These reports are based on erroneous interpretation of information collected under the Right to Information Act, 2005 from the printing presses. It may be noted that all banknotes supplied from printing presses to RBI are properly accounted for. It
ਜੂਨ 16, 2023
Result of the 14-day Variable Rate Reverse Repo auction held on June 16, 2023
Tenor 14-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 16,331 Amount accepted (in ₹ crore) 16,331 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: 2023-2024/418
Tenor 14-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 16,331 Amount accepted (in ₹ crore) 16,331 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: 2023-2024/418
ਜੂਨ 16, 2023
Results of Underwriting Auctions Conducted on June 16, 2023
In the underwriting auctions conducted on June 16, 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 rate
In the underwriting auctions conducted on June 16, 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 rate
ਜੂਨ 16, 2023
Money Market Operations as on June 15, 2023
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 490,746.64 6.49 4.60-6.70 I. Call Money 9,111.02 6.57 5.00-6.70 II. Triparty Repo 319,578.65 6.48 6.20-6.65 III. Market Repo 162,056.97 6.49 4.60-6.70 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 67.04 6.45 6.10-6.60 II. Term Money@@ 655.00 - 6.87-6.87 III. Triparty Repo 10.00 6.38 6.38-6.38 IV. Market Repo 2,033
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 490,746.64 6.49 4.60-6.70 I. Call Money 9,111.02 6.57 5.00-6.70 II. Triparty Repo 319,578.65 6.48 6.20-6.65 III. Market Repo 162,056.97 6.49 4.60-6.70 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 67.04 6.45 6.10-6.60 II. Term Money@@ 655.00 - 6.87-6.87 III. Triparty Repo 10.00 6.38 6.38-6.38 IV. Market Repo 2,033
ਜੂਨ 16, 2023
Auction of State Government Securities
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹5,600 Crore (Face Value). Sr. No. State / UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1 Andhra Pradesh 500 - 9 Yield 500 - 17 Yield 2 Jammu and Kashmir 500 - 12 Yield 3 Mizoram 100 - 15 Yield 4 Tamil Nadu 2,000 - 10 Yield 2,000 - 20 Yield TOTAL 5,600 The auction will be conducted on the Reserve Bank of
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹5,600 Crore (Face Value). Sr. No. State / UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1 Andhra Pradesh 500 - 9 Yield 500 - 17 Yield 2 Jammu and Kashmir 500 - 12 Yield 3 Mizoram 100 - 15 Yield 4 Tamil Nadu 2,000 - 10 Yield 2,000 - 20 Yield TOTAL 5,600 The auction will be conducted on the Reserve Bank of
ਜੂਨ 16, 2023
Sovereign Gold Bond Scheme 2023-24 Series I - Issue Price
In terms of Government of India notification F.No.4(6)-B(W&M)/2023 and Reserve Bank press release dated June 14, 2023, the Sovereign Gold Bond Scheme 2023-24 - Series I will be open for subscription during June 19–23, 2023. The nominal value of the bond based on the simple average of closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three working days of the week preceding the subscription period
In terms of Government of India notification F.No.4(6)-B(W&M)/2023 and Reserve Bank press release dated June 14, 2023, the Sovereign Gold Bond Scheme 2023-24 - Series I will be open for subscription during June 19–23, 2023. The nominal value of the bond based on the simple average of closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three working days of the week preceding the subscription period
ਜੂਨ 16, 2023
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption due on June 17, 2023 (June 18, 2023 being Sunday) (Series XII of SGB 2017-18)
In terms of GOI Notification F.No.4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18, Series XII - Issue date December 18, 2017) on Sovereign Gold Bond 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. Accordingly, the next due date of premature redemption of the above tranche shall be June 17, 2023 (June 18, 2023 being Sunday). 2. Further, the redemption
In terms of GOI Notification F.No.4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18, Series XII - Issue date December 18, 2017) on Sovereign Gold Bond 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. Accordingly, the next due date of premature redemption of the above tranche shall be June 17, 2023 (June 18, 2023 being Sunday). 2. Further, the redemption
ਜੂਨ 16, 2023
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 12,000 June 21, 2023 (Wednesday) June 22, 2023 (Thursday) 2 182 Days 12,000 3 364 Days 8,000 Total 32,000 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 Noti
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 12,000 June 21, 2023 (Wednesday) June 22, 2023 (Thursday) 2 182 Days 12,000 3 364 Days 8,000 Total 32,000 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 Noti
ਜੂਨ 16, 2023
RBI imposes monetary penalty on Manappuram Finance Limited
The Reserve Bank of India (RBI) has, by an order dated June 12, 2023, imposed a monetary penalty of ₹20.00 lakh (Rupees Twenty lakh only) on Manappuram Finance Limited, Thrissur (the company) for non-compliance with certain provisions of the “Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016”. This penalty has been imposed in exercise of powers vested in RBI under the provisions
The Reserve Bank of India (RBI) has, by an order dated June 12, 2023, imposed a monetary penalty of ₹20.00 lakh (Rupees Twenty lakh only) on Manappuram Finance Limited, Thrissur (the company) for non-compliance with certain provisions of the “Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016”. This penalty has been imposed in exercise of powers vested in RBI under the provisions
ਜੂਨ 16, 2023
Scheduled Banks’ Statement of Position in India as on Friday, June 02, 2023
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 03-JUN-2022 19-MAY-2023* 02-JUN-2023* 03-JUN-2022 19-MAY-2023* 02-JUN-2023* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 187440.91 243149.08 249770.8 190911.54 245652.13 252295.12** b) Borrowings from banks 46095.22 56459.37 35806.57 46122.27 56588.09 35872.66 c) Other demand & time liabilities 36280.38 59167.91 60117.59 36756.4 59826.65 6
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 03-JUN-2022 19-MAY-2023* 02-JUN-2023* 03-JUN-2022 19-MAY-2023* 02-JUN-2023* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 187440.91 243149.08 249770.8 190911.54 245652.13 252295.12** b) Borrowings from banks 46095.22 56459.37 35806.57 46122.27 56588.09 35872.66 c) Other demand & time liabilities 36280.38 59167.91 60117.59 36756.4 59826.65 6
ਜੂਨ 16, 2023
Reserve Bank of India - Bulletin Weekly Statistical Supplement - Extract
1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2022 2023 Variation Jun. 10 Jun. 2 Jun. 9 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 5404 16049 18267 2219 12863 * Data are provisional. 2. Foreign Exchange Reserves* Item As on June 9, 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 4896139 593749 -1149 -1318 141875
1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2022 2023 Variation Jun. 10 Jun. 2 Jun. 9 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 5404 16049 18267 2219 12863 * Data are provisional. 2. Foreign Exchange Reserves* Item As on June 9, 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 4896139 593749 -1149 -1318 141875
ਜੂਨ 16, 2023
Government Stock - Full Auction Results
Auction Results 7.06% GS 2028 7.26% GS 2033 New GS 2053 I. Notified Amount ₹8,000 Crore ₹14,000 Crore ₹11,000 Crore II. Underwriting Notified Amount ₹8,000 Crore ₹14,000 Crore ₹11,000 Crore III. Competitive Bids Received (i) Number 159 217 209 (ii) Amount ₹23837 Crore ₹28929 Crore ₹29759 Crore IV. Cut-off price / Yield 100.31 101.51 (YTM: 6.9794%) (YTM: 7.0397%) (YTM: 7.30%) V. Competitive Bids Accepted (i) Number 24 65 142 (ii) Amount ₹7990.991 Crore ₹13985.564 Crore
Auction Results 7.06% GS 2028 7.26% GS 2033 New GS 2053 I. Notified Amount ₹8,000 Crore ₹14,000 Crore ₹11,000 Crore II. Underwriting Notified Amount ₹8,000 Crore ₹14,000 Crore ₹11,000 Crore III. Competitive Bids Received (i) Number 159 217 209 (ii) Amount ₹23837 Crore ₹28929 Crore ₹29759 Crore IV. Cut-off price / Yield 100.31 101.51 (YTM: 6.9794%) (YTM: 7.0397%) (YTM: 7.30%) V. Competitive Bids Accepted (i) Number 24 65 142 (ii) Amount ₹7990.991 Crore ₹13985.564 Crore
ਜੂਨ 16, 2023
Government Stock - Auction Results: Cut-off
7.06% GS 2028 7.26% GS 2033 New GS 2053 I. Notified Amount ₹8,000 crore ₹14,000 crore ₹11,000 crore II. Cut off Price / Implicit Yield at cut-off 100.31/6.9794% 101.51/7.0397% 7.30% 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: 2023-2024/419
7.06% GS 2028 7.26% GS 2033 New GS 2053 I. Notified Amount ₹8,000 crore ₹14,000 crore ₹11,000 crore II. Cut off Price / Implicit Yield at cut-off 100.31/6.9794% 101.51/7.0397% 7.30% 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: 2023-2024/419
ਜੂਨ 15, 2023
Money Market Operations as on June 14, 2023
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 496,267.66 6.45 4.50-7.75 I. Call Money 9,799.50 6.54 5.00-6.70 II. Triparty Repo 312,039.70 6.45 6.11-6.55 III. Market Repo 172,740.46 6.44 4.50-6.65 IV. Repo in Corporate Bond 1,688.00 6.76 6.70-7.75 B. Term Segment I. Notice Money** 512.50 6.57 6.20-6.75 II. Term Money@@ 925.00 - 6.87-6.95 III. Triparty Repo 25.00 6.31 6.25-6.40 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) 496,267.66 6.45 4.50-7.75 I. Call Money 9,799.50 6.54 5.00-6.70 II. Triparty Repo 312,039.70 6.45 6.11-6.55 III. Market Repo 172,740.46 6.44 4.50-6.65 IV. Repo in Corporate Bond 1,688.00 6.76 6.70-7.75 B. Term Segment I. Notice Money** 512.50 6.57 6.20-6.75 II. Term Money@@ 925.00 - 6.87-6.95 III. Triparty Repo 25.00 6.31 6.25-6.40 IV. M
ਜੂਨ 15, 2023
Quarterly BSR-1: Outstanding Credit of Scheduled Commercial Banks - March 2023
Today, the Reserve Bank released its web publication entitled ‘Quarterly Basic Statistical Returns (BSR)-1: Outstanding Credit of Scheduled Commercial Banks (SCBs), March 2023’ on its Database on Indian Economy (DBIE) portal1 (web-link: https://dbie.rbi.org.in/DBIE/dbie.rbi?site=BsrPublications). Based on granular account-level information, it presents various characteristics of bank credit, such as, occupation/activity and organisational sector of the borrower, type
Today, the Reserve Bank released its web publication entitled ‘Quarterly Basic Statistical Returns (BSR)-1: Outstanding Credit of Scheduled Commercial Banks (SCBs), March 2023’ on its Database on Indian Economy (DBIE) portal1 (web-link: https://dbie.rbi.org.in/DBIE/dbie.rbi?site=BsrPublications). Based on granular account-level information, it presents various characteristics of bank credit, such as, occupation/activity and organisational sector of the borrower, type
ਜੂਨ 15, 2023
RBI to conduct 14-day Variable Rate Reverse Repo auction under LAF on June 16, 2023
The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on June 16, 2023, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 14 10:30 AM to 11:00 AM June 30, 2023 (Friday) 2. 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: 2023-2024/414
The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on June 16, 2023, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 14 10:30 AM to 11:00 AM June 30, 2023 (Friday) 2. 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: 2023-2024/414
ਜੂਨ 15, 2023
Money Supply for the fortnight ended June 02, 2023
The Reserve Bank has today released data on Money Supply for the fortnight ended June 02, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/413
The Reserve Bank has today released data on Money Supply for the fortnight ended June 02, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/413
ਜੂਨ 15, 2023
Performance of Private Corporate Business Sector during Q4:2022-23
Today, the Reserve Bank released data on the performance of the private corporate sector during the fourth quarter of 2022-23 drawn from abridged quarterly financial results of 2,774 listed non-government non-financial companies. These include estimates for Q4:2021-22 and Q3:2022-23 to enable comparison (web-link https://dbie.rbi.org.in/DBIE/dbie.rbi?site=statistics#!2_42). Highlights Sales Sales growth (y-o-y) of listed private non-financial companies moderated to 8.
Today, the Reserve Bank released data on the performance of the private corporate sector during the fourth quarter of 2022-23 drawn from abridged quarterly financial results of 2,774 listed non-government non-financial companies. These include estimates for Q4:2021-22 and Q3:2022-23 to enable comparison (web-link https://dbie.rbi.org.in/DBIE/dbie.rbi?site=statistics#!2_42). Highlights Sales Sales growth (y-o-y) of listed private non-financial companies moderated to 8.
ਜੂਨ 15, 2023
Underwriting Auction for sale of Government Securities for ₹33,000 crore on June 16, 2023
Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on June 16, 2023. 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 A
Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on June 16, 2023. 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 A
ਜੂਨ 14, 2023
Money Market Operations as on June 13, 2023
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 496,561.83 6.31 1.00-7.65 I. Call Money 9,708.91 6.40 5.00-6.50 II. Triparty Repo 313,201.85 6.34 5.50-6.55 III. Market Repo 170,856.07 6.23 1.00-6.52 IV. Repo in Corporate Bond 2,795.00 6.64 6.60-7.65 B. Term Segment I. Notice Money** 79.00 6.24 6.15-6.40 II. Term Money@@ 637.50 - 6.30-6.85 III. Triparty Repo 0.00 - - IV. Market Repo 1,
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 496,561.83 6.31 1.00-7.65 I. Call Money 9,708.91 6.40 5.00-6.50 II. Triparty Repo 313,201.85 6.34 5.50-6.55 III. Market Repo 170,856.07 6.23 1.00-6.52 IV. Repo in Corporate Bond 2,795.00 6.64 6.60-7.65 B. Term Segment I. Notice Money** 79.00 6.24 6.15-6.40 II. Term Money@@ 637.50 - 6.30-6.85 III. Triparty Repo 0.00 - - IV. Market Repo 1,
ਜੂਨ 14, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The Rajapur Sahakari Bank Ltd., Mumbai
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. CO.DOS.SED.No.S1917/12-22-212/2023-2024 dated June 13, 2023, has issued certain Directions to The Rajapur Sahakari Bank Ltd., Mumbai, whereby, as from the close of business on June 14, 2023,
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. CO.DOS.SED.No.S1917/12-22-212/2023-2024 dated June 13, 2023, has issued certain Directions to The Rajapur Sahakari Bank Ltd., Mumbai, whereby, as from the close of business on June 14, 2023,
ਜੂਨ 14, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The Vaishali Shahari Vikas Co-operative Bank Ltd., Hajipur, Bihar
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. DoS(Patna).Co-op.Bk./No. S50/04.01.009/2023-24 dated June 13, 2023, has issued certain Directions to The Vaishali Shahari Vikas Co-operative Bank Ltd. Hajipur, Bihar whereby, as from the clos
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. DoS(Patna).Co-op.Bk./No. S50/04.01.009/2023-24 dated June 13, 2023, has issued certain Directions to The Vaishali Shahari Vikas Co-operative Bank Ltd. Hajipur, Bihar whereby, as from the clos
ਜੂਨ 14, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Sawantwadi Urban Co-operative Bank Ltd., Sawantwadi
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. CO.DOS.SED.No.S1918/12-22-283/2023-2024 dated June 13, 2023, has issued certain Directions to Sawantwadi Urban Co-operative Bank Ltd., Sawantwadi, whereby, as from the close of business on Ju
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. CO.DOS.SED.No.S1918/12-22-283/2023-2024 dated June 13, 2023, has issued certain Directions to Sawantwadi Urban Co-operative Bank Ltd., Sawantwadi, whereby, as from the close of business on Ju
ਜੂਨ 14, 2023
Sovereign Gold Bond Scheme 2023-24
Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds (SGBs) in tranches as per the calendar specified below: S. No. Tranche Date of Subscription Date of Issuance 1. 2023-24 Series I June 19 - June 23, 2023 June 27, 2023 2. 2023-24 Series II September 11-September 15, 2023 September 20, 2023 The SGBs will be sold through Scheduled Commercial banks (except Small Finance Banks, Payment Banks and Regional Rural Ban
Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds (SGBs) in tranches as per the calendar specified below: S. No. Tranche Date of Subscription Date of Issuance 1. 2023-24 Series I June 19 - June 23, 2023 June 27, 2023 2. 2023-24 Series II September 11-September 15, 2023 September 20, 2023 The SGBs will be sold through Scheduled Commercial banks (except Small Finance Banks, Payment Banks and Regional Rural Ban
ਜੂਨ 14, 2023
Conversion/Switch of Government of India Securities
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹20,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction Source Securities Amount (FV) of Source Securities (In ₹ crore) Destination Securities June 19, 2023 (Monday) 7.35% GS 2024 (Maturing on Jun 22, 2024) 1,000 6.95% GS 2061 (Maturing on Dec 16, 2061) 8.40% GS 2024 (Maturing on July 28, 2024) 1,00
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹20,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction Source Securities Amount (FV) of Source Securities (In ₹ crore) Destination Securities June 19, 2023 (Monday) 7.35% GS 2024 (Maturing on Jun 22, 2024) 1,000 6.95% GS 2061 (Maturing on Dec 16, 2061) 8.40% GS 2024 (Maturing on July 28, 2024) 1,00
ਜੂਨ 14, 2023
Reserve Money for the week ended June 09, 2023
The Reserve Bank has today released data on Reserve Money for the week ended June 09, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/404
The Reserve Bank has today released data on Reserve Money for the week ended June 09, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/404
ਜੂਨ 14, 2023
Treasury Bills: Full Auction Result
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹12000 Crore ₹12000 Crore ₹8000 Crore II. Competitive Bids Received (i) Number 173 182 123 (ii) Amount ₹51691.084 Crore ₹30669.084 Crore ₹20613.60 Crore III. Cut-off price / Yield 98.3359 96.6693 93.5575 (YTM: 6.7876%) (YTM: 6.9098%) (YTM: 6.9051%) IV. Competitive Bids Accepted (i) Number 24 71 60 (ii) Amount ₹11968.042 Crore ₹11965.288 Crore ₹7989.371 Crore V. Partial Allotment Percentage of Competitive Bid
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹12000 Crore ₹12000 Crore ₹8000 Crore II. Competitive Bids Received (i) Number 173 182 123 (ii) Amount ₹51691.084 Crore ₹30669.084 Crore ₹20613.60 Crore III. Cut-off price / Yield 98.3359 96.6693 93.5575 (YTM: 6.7876%) (YTM: 6.9098%) (YTM: 6.9051%) IV. Competitive Bids Accepted (i) Number 24 71 60 (ii) Amount ₹11968.042 Crore ₹11965.288 Crore ₹7989.371 Crore V. Partial Allotment Percentage of Competitive Bid
ਜੂਨ 14, 2023
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 ₹12,000 Crore ₹12,000 Crore ₹8,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3359 (YTM: 6.7876%) 96.6693 (YTM: 6.9098%) 93.5575 (YTM: 6.9051%) IV. Total Face Value Accepted ₹12,000 Crore ₹12,000 Crore ₹8,000 Crore Ajit Prasad Director (Communications) Press Release: 2023-2024/402
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹12,000 Crore ₹12,000 Crore ₹8,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3359 (YTM: 6.7876%) 96.6693 (YTM: 6.9098%) 93.5575 (YTM: 6.9051%) IV. Total Face Value Accepted ₹12,000 Crore ₹12,000 Crore ₹8,000 Crore Ajit Prasad Director (Communications) Press Release: 2023-2024/402
ਜੂਨ 13, 2023
Result of the 2-day Variable Rate Reverse Repo auction held on June 13, 2023
Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 29,231 Amount accepted (in ₹ crore) 29,231 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: 2023-2024/397
Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 29,231 Amount accepted (in ₹ crore) 29,231 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: 2023-2024/397
ਜੂਨ 13, 2023
RBI to conduct 2-day Variable Rate Reverse Repo auction under LAF on June 13, 2023
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on June 13, 2023, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 02 11:00 AM to 11:30 AM June 15, 2023 (Thursday) 2. 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 Direct
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on June 13, 2023, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 02 11:00 AM to 11:30 AM June 15, 2023 (Thursday) 2. 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 Direct
ਜੂਨ 13, 2023
Money Market Operations as on June 12, 2023
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 494,822.28 6.37 1.00-7.75 I. Call Money 10,280.09 6.48 5.00-6.55 II. Triparty Repo 312,106.70 6.36 5.00-6.60 III. Market Repo 172,330.49 6.38 1.00-6.62 IV. Repo in Corporate Bond 105.00 7.75 7.75-7.75 B. Term Segment I. Notice Money** 136.50 6.30 6.00-6.55 II. Term Money@@ 705.50 - 6.30-6.85 III. Triparty Repo 0.00 - - IV. Market Repo 57
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 494,822.28 6.37 1.00-7.75 I. Call Money 10,280.09 6.48 5.00-6.55 II. Triparty Repo 312,106.70 6.36 5.00-6.60 III. Market Repo 172,330.49 6.38 1.00-6.62 IV. Repo in Corporate Bond 105.00 7.75 7.75-7.75 B. Term Segment I. Notice Money** 136.50 6.30 6.00-6.55 II. Term Money@@ 705.50 - 6.30-6.85 III. Triparty Repo 0.00 - - IV. Market Repo 57
ਜੂਨ 13, 2023
State Government Securities - Full Auction Result
The Result of the auction of State Government Securities held on June 13, 2023. (Amount in ₹ Crore) ANDHRA PRADESH 2035 ANDHRA PRADESH 2038 GOA 2033 GUJARAT 2028 Notified Amount 500 500 100 1000 Tenure 12 15 10 5 Competitive Bids Received (i) No. 76 61 16 71 (ii) Amount 4345 4410 595 7220 Cut-off Yield (%) 7.39 7.36 7.36 7.22 Competitive Bids Accepted (i) No. 6 5 4 16 (ii) Amount 494.923 499.614 98.831 969.512 Partial Allotment Percentage of Competitive Bids (i) Perce
The Result of the auction of State Government Securities held on June 13, 2023. (Amount in ₹ Crore) ANDHRA PRADESH 2035 ANDHRA PRADESH 2038 GOA 2033 GUJARAT 2028 Notified Amount 500 500 100 1000 Tenure 12 15 10 5 Competitive Bids Received (i) No. 76 61 16 71 (ii) Amount 4345 4410 595 7220 Cut-off Yield (%) 7.39 7.36 7.36 7.22 Competitive Bids Accepted (i) No. 6 5 4 16 (ii) Amount 494.923 499.614 98.831 969.512 Partial Allotment Percentage of Competitive Bids (i) Perce
ਜੂਨ 13, 2023
Result of Yield Based Auction of State Government Securities
Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Years) 1 Andhra Pradesh 500 500 7.39 12 500 500 7.36 15 2 Goa 100 100 7.36 10 3 Gujarat 1000 1000 7.22 5 4 Haryana 750 750 7.34 8 750 750 7.36 10 5 Madhya Pradesh 4000 4000 7.40 11 6 Maharashtra 2500 2500 7.34 8 2500 2500 7.35 9 7 Nagaland 150 150 7.37 10 8 Punjab 800 800 7.41 11 9 Tamil Nadu 2000 2000 7.35 10 2000 2000 7.35 20 10 Telangana 1500 1500 7.36 18 1000 1000 7.35 2
Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Years) 1 Andhra Pradesh 500 500 7.39 12 500 500 7.36 15 2 Goa 100 100 7.36 10 3 Gujarat 1000 1000 7.22 5 4 Haryana 750 750 7.34 8 750 750 7.36 10 5 Madhya Pradesh 4000 4000 7.40 11 6 Maharashtra 2500 2500 7.34 8 2500 2500 7.35 9 7 Nagaland 150 150 7.37 10 8 Punjab 800 800 7.41 11 9 Tamil Nadu 2000 2000 7.35 10 2000 2000 7.35 20 10 Telangana 1500 1500 7.36 18 1000 1000 7.35 2
ਜੂਨ 13, 2023
Reserve Bank of India opens Sub-office in Kohima, Nagaland
Today, Dr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India (RBI) inaugurated the Sub-office of the Reserve Bank in Kohima, Nagaland. With this, the Reserve Bank has further expanded its presence in the north-eastern region (NER). Its presence in this region now includes Assam, Manipur, Meghalaya, Mizoram, Tripura and Nagaland. RBI’s office in Guwahati will continue to cater to the needs of the state of Arunachal Pradesh till the Reserve Bank’s office i
Today, Dr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India (RBI) inaugurated the Sub-office of the Reserve Bank in Kohima, Nagaland. With this, the Reserve Bank has further expanded its presence in the north-eastern region (NER). Its presence in this region now includes Assam, Manipur, Meghalaya, Mizoram, Tripura and Nagaland. RBI’s office in Guwahati will continue to cater to the needs of the state of Arunachal Pradesh till the Reserve Bank’s office i
ਜੂਨ 12, 2023
Money Market Operations as on June 09, 2023
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 487,996.71 6.48 4.00-7.75 I. Call Money 9,894.87 6.61 4.90-6.75 II. Triparty Repo 299,796.10 6.44 6.01-6.60 III. Market Repo 178,271.74 6.54 4.00-6.70 IV. Repo in Corporate Bond 34.00 7.75 7.75-7.75 B. Term Segment I. Notice Money** 40.50 6.36 6.05-6.60 II. Term Money@@ 344.75 - 6.30-6.85 III. Triparty Repo 0.00 - - IV. Market Repo 636.3
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 487,996.71 6.48 4.00-7.75 I. Call Money 9,894.87 6.61 4.90-6.75 II. Triparty Repo 299,796.10 6.44 6.01-6.60 III. Market Repo 178,271.74 6.54 4.00-6.70 IV. Repo in Corporate Bond 34.00 7.75 7.75-7.75 B. Term Segment I. Notice Money** 40.50 6.36 6.05-6.60 II. Term Money@@ 344.75 - 6.30-6.85 III. Triparty Repo 0.00 - - IV. Market Repo 636.3
ਜੂਨ 12, 2023
Auction of Government of India Dated Securities
Government of India (GOI) has announced the sale (Issue/re-issue) of three dated securities for a notified amount of ₹33,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 7.06% GS 2028 Apr 10, 2028 8,000 F.No.4(3)-B(W&M)/2023 dated June 12, 2023 June 16, 2023 (Friday) June 19, 2023 (Monday) 2 7.26% GS 2033 Feb 06, 2033 14,000 3 New GS 2053 June 19, 2053 11,000
Government of India (GOI) has announced the sale (Issue/re-issue) of three dated securities for a notified amount of ₹33,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 7.06% GS 2028 Apr 10, 2028 8,000 F.No.4(3)-B(W&M)/2023 dated June 12, 2023 June 16, 2023 (Friday) June 19, 2023 (Monday) 2 7.26% GS 2033 Feb 06, 2033 14,000 3 New GS 2053 June 19, 2053 11,000
ਜੂਨ 12, 2023
RBI imposes monetary penalty on The Co-operative Bank of Rajkot Ltd., Rajkot (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated June 05, 2023, imposed a monetary penalty of ₹10.00 lakh (Rupees ten lakh only) on The Co-operative Bank of Rajkot Ltd., Rajkot (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Reporting of unauthorised transactions by customers to banks’, ‘Names as Appearing in the Certificate of Registration and the Licence - Use of - Primary (Urban) Co-operative Banks (UCBs)’ and ‘Frauds in UCBs: Changes i
The Reserve Bank of India (RBI) has, by an Order dated June 05, 2023, imposed a monetary penalty of ₹10.00 lakh (Rupees ten lakh only) on The Co-operative Bank of Rajkot Ltd., Rajkot (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Reporting of unauthorised transactions by customers to banks’, ‘Names as Appearing in the Certificate of Registration and the Licence - Use of - Primary (Urban) Co-operative Banks (UCBs)’ and ‘Frauds in UCBs: Changes i
ਜੂਨ 12, 2023
RBI imposes monetary penalty on Telangana State Cooperative Apex Bank Limited, Hyderabad
The Reserve Bank of India (RBI) has, by an order dated June 05, 2023, imposed a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only) on Telangana State Cooperative Apex Bank Limited, Hyderabad (the bank), for contravention of the provisions of section 26 A (2) read with section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers conferred on RBI under section 47A (1) (c) read with sections 46 (4) (i) and 56 of the BR A
The Reserve Bank of India (RBI) has, by an order dated June 05, 2023, imposed a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only) on Telangana State Cooperative Apex Bank Limited, Hyderabad (the bank), for contravention of the provisions of section 26 A (2) read with section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers conferred on RBI under section 47A (1) (c) read with sections 46 (4) (i) and 56 of the BR A
ਜੂਨ 12, 2023
RBI imposes monetary penalty on The Bihar State Co-operative Bank Limited, Patna
The Reserve Bank of India (RBI) has, by an order dated June 05, 2023, imposed a monetary penalty of ₹60.20 lakh (Rupees Sixty Lakh and Twenty Thousand only) on The Bihar State Co-operative Bank Limited, Patna (the bank), for ─ contravention of the provisions of sections 24(3), 26 and 27(1) read with section 56 of the Banking Regulation Act, 1949 (BR Act) and the Banking Regulation (Co-operative Societies) Rules, 1966 (BR Rules); non-compliance with the Reserve Bank of
The Reserve Bank of India (RBI) has, by an order dated June 05, 2023, imposed a monetary penalty of ₹60.20 lakh (Rupees Sixty Lakh and Twenty Thousand only) on The Bihar State Co-operative Bank Limited, Patna (the bank), for ─ contravention of the provisions of sections 24(3), 26 and 27(1) read with section 56 of the Banking Regulation Act, 1949 (BR Act) and the Banking Regulation (Co-operative Societies) Rules, 1966 (BR Rules); non-compliance with the Reserve Bank of
ਜੂਨ 12, 2023
Overseas Direct Investment for May 2023
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 May 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/390
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 May 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/390
ਜੂਨ 12, 2023
Reserve Bank of India imposes monetary penalty on Jowai Cooperative Urban Bank Limited, Meghalaya
The Reserve Bank of India (RBI) has imposed, by an order dated June 9, 2023, a monetary penalty of ₹6,00,000/- (Rupees Six lakh only) on Jowai Cooperative Urban Bank Limited, Jowai, Meghalaya (the bank) for contravention of RBI directions to Urban Cooperative Banks on (i) ‘Exposure Norms and Statutory / Other Restrictions – UCBs’ and (ii) Know Your Customer (KYC) Directions, 2016. This penalty has been imposed in exercise of powers vested in RBI under the provisions o
The Reserve Bank of India (RBI) has imposed, by an order dated June 9, 2023, a monetary penalty of ₹6,00,000/- (Rupees Six lakh only) on Jowai Cooperative Urban Bank Limited, Jowai, Meghalaya (the bank) for contravention of RBI directions to Urban Cooperative Banks on (i) ‘Exposure Norms and Statutory / Other Restrictions – UCBs’ and (ii) Know Your Customer (KYC) Directions, 2016. This penalty has been imposed in exercise of powers vested in RBI under the provisions o
ਜੂਨ 12, 2023
Two NBFCs surrender their Certificate of Registration to RBI
The following two Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR. i) Due to NBFC ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc.: Sr. No. Name of the Company Registered Office Add
The following two Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR. i) Due to NBFC ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc.: Sr. No. Name of the Company Registered Office Add
ਜੂਨ 12, 2023
Money Market Operations as on June 11, 2023
(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
ਜੂਨ 09, 2023
Result of the 4-day Variable Rate Reverse Repo auction held on June 09, 2023
Tenor 4-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 5,780 Amount accepted (in ₹ crore) 5,780 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: 2023-2024/378
Tenor 4-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 5,780 Amount accepted (in ₹ crore) 5,780 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: 2023-2024/378
ਜੂਨ 09, 2023
Directions under Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Sikar Urban Co-operative Bank Ltd, Sikar, Rajasthan- Extension of Validity
Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan was placed under All-Inclusive Directions from close of business on November 09, 2018 for a period of six months’ subject to review, vide Directive dated October 26, 2018. The validity of the directions was last extended vide Directive dated March 08, 2023 for three months up to June 09, 2023, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of p
Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan was placed under All-Inclusive Directions from close of business on November 09, 2018 for a period of six months’ subject to review, vide Directive dated October 26, 2018. The validity of the directions was last extended vide Directive dated March 08, 2023 for three months up to June 09, 2023, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of p
ਜੂਨ 09, 2023
Results of Underwriting Auctions Conducted on June 09, 2023
In the underwriting auctions conducted on June 09, 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 rate
In the underwriting auctions conducted on June 09, 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 rate
ਜੂਨ 09, 2023
Money Market Operations as on June 08, 2023
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 454,429.42 6.60 4.50-7.80 I. Call Money 10,335.63 6.59 4.90-7.00 II. Triparty Repo 268,398.35 6.60 6.49-7.01 III. Market Repo 175,605.44 6.60 4.50-7.00 IV. Repo in Corporate Bond 90.00 7.80 7.80-7.80 B. Term Segment I. Notice Money** 272.52 6.48 5.80-6.65 II. Term Money@@ 953.00 - 6.60-6.85 III. Triparty Repo 20.00 6.55 6.50-6.70 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) 454,429.42 6.60 4.50-7.80 I. Call Money 10,335.63 6.59 4.90-7.00 II. Triparty Repo 268,398.35 6.60 6.49-7.01 III. Market Repo 175,605.44 6.60 4.50-7.00 IV. Repo in Corporate Bond 90.00 7.80 7.80-7.80 B. Term Segment I. Notice Money** 272.52 6.48 5.80-6.65 II. Term Money@@ 953.00 - 6.60-6.85 III. Triparty Repo 20.00 6.55 6.50-6.70 IV. Mar
ਜੂਨ 09, 2023
Deposits with Scheduled Commercial Banks - March 2023
Today, the Reserve Bank released2 the web publication ‘Deposits with Scheduled Commercial Banks – March 2023’ on its Database on Indian Economy (DBIE) portal (web-link:- https://dbie.rbi.org.in/DBIE/dbie.rbi?site=BsrPublications). Scheduled commercial banks (SCBs) report branch-wise data on type of deposits (current, savings and term), its institutional sector wise ownership, maturity pattern of term deposits as well as number of employees under Basic Statistical Retu
Today, the Reserve Bank released2 the web publication ‘Deposits with Scheduled Commercial Banks – March 2023’ on its Database on Indian Economy (DBIE) portal (web-link:- https://dbie.rbi.org.in/DBIE/dbie.rbi?site=BsrPublications). Scheduled commercial banks (SCBs) report branch-wise data on type of deposits (current, savings and term), its institutional sector wise ownership, maturity pattern of term deposits as well as number of employees under Basic Statistical Retu
ਜੂਨ 09, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Dwarkadas Mantri Nagari Sahakari Bank Ltd., Beed, Maharashtra - Extension of Period
The Reserve Bank of India issued Directions to Dwarkadas Mantri Nagari Sahakari Bank Ltd., Beed, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DoS.CO.NSUCBs-West/D-4/S3706/12.07.005/2021-22 dated March 9, 2022 which were extended from time to time, last being up to June 9, 2023, vide Directive DOR.MON/D-84/12.22.613/2022-23 dated March 8, 2023. 2. The Reserve Bank of India is satisfied that in the public interest
The Reserve Bank of India issued Directions to Dwarkadas Mantri Nagari Sahakari Bank Ltd., Beed, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DoS.CO.NSUCBs-West/D-4/S3706/12.07.005/2021-22 dated March 9, 2022 which were extended from time to time, last being up to June 9, 2023, vide Directive DOR.MON/D-84/12.22.613/2022-23 dated March 8, 2023. 2. The Reserve Bank of India is satisfied that in the public interest
ਜੂਨ 09, 2023
Auction of State Government Securities
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹22,550 Crore (Face Value). Sr. No State / UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1 Andhra Pradesh 500 - 12 Yield 500 - 15 Yield 2 Goa 100 - 10 Yield 3 Gujarat 1000 500 5 Yield 4 Haryana 750 - 8 Yield 750 - 10 Yield 5 Madhya Pradesh 4000 - 11 Yield 6 Maharashtra 2500 - 8 Yield 2500 - 9 Yield 7 Naga
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹22,550 Crore (Face Value). Sr. No State / UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1 Andhra Pradesh 500 - 12 Yield 500 - 15 Yield 2 Goa 100 - 10 Yield 3 Gujarat 1000 500 5 Yield 4 Haryana 750 - 8 Yield 750 - 10 Yield 5 Madhya Pradesh 4000 - 11 Yield 6 Maharashtra 2500 - 8 Yield 2500 - 9 Yield 7 Naga
ਜੂਨ 09, 2023
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 12,000 June 14, 2023 (Wednesday) June 15, 2023 (Thursday) 2 182 Days 12,000 3 364 Days 8,000 Total 32,000 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 Noti
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 12,000 June 14, 2023 (Wednesday) June 15, 2023 (Thursday) 2 182 Days 12,000 3 364 Days 8,000 Total 32,000 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 Noti
ਜੂਨ 09, 2023
Reserve Bank of India - Bulletin Weekly Statistical Supplement - Extract
1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2022 2023 Variation Jun. 3 May 26 Jun. 2 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 11372 13742 16049 2307 4676 * Data are provisional. 2. Foreign Exchange Reserves* Item As on June 2, 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 4897289 595067 32733 5929 143024 1
1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2022 2023 Variation Jun. 3 May 26 Jun. 2 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 11372 13742 16049 2307 4676 * Data are provisional. 2. Foreign Exchange Reserves* Item As on June 2, 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 4897289 595067 32733 5929 143024 1
ਜੂਨ 09, 2023
Government Stock - Full Auction Results
Auction Results 6.99% GS 2026 7.17% GS 2030 7.41% GS 2036 New GS 2063 I. Notified Amount ₹8000 Crore ₹7000 Crore ₹12000 Crore ₹12000 Crore II. Underwriting Notified Amount ₹8000 Crore ₹7000 Crore ₹12000 Crore ₹12000 Crore III. Competitive Bids Received (i) Number 106 143 233 169 (ii) Amount ₹19693.015 Crore ₹17462 Crore ₹30224 Crore ₹26560 Crore IV. Cut-off price / Yield 100.09 100.82 102.55 (YTM: 6.9496%) (YTM: 7.0147%) (YTM: 7.1130%) (YTM: 7.25%) V. Competitive Bids
Auction Results 6.99% GS 2026 7.17% GS 2030 7.41% GS 2036 New GS 2063 I. Notified Amount ₹8000 Crore ₹7000 Crore ₹12000 Crore ₹12000 Crore II. Underwriting Notified Amount ₹8000 Crore ₹7000 Crore ₹12000 Crore ₹12000 Crore III. Competitive Bids Received (i) Number 106 143 233 169 (ii) Amount ₹19693.015 Crore ₹17462 Crore ₹30224 Crore ₹26560 Crore IV. Cut-off price / Yield 100.09 100.82 102.55 (YTM: 6.9496%) (YTM: 7.0147%) (YTM: 7.1130%) (YTM: 7.25%) V. Competitive Bids
ਜੂਨ 09, 2023
Government Stock - Auction Results: Cut-off
6.99% GS 2026 7.17% GS 2030 7.41% GS 2036 New GS 2063 I. Notified Amount ₹8,000 crore ₹7,000 crore ₹12,000 crore ₹12,000 crore II. Cut off Price / Implicit Yield at cut-off 100.09/6.9496% 100.82/7.0147% 102.55/7.1130% 7.25% III. Amount accepted in the auction ₹8,000 crore ₹7,000 crore ₹12,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL NIL Ajit Prasad Director (Communications) Press Release: 2023-2024/379
6.99% GS 2026 7.17% GS 2030 7.41% GS 2036 New GS 2063 I. Notified Amount ₹8,000 crore ₹7,000 crore ₹12,000 crore ₹12,000 crore II. Cut off Price / Implicit Yield at cut-off 100.09/6.9496% 100.82/7.0147% 102.55/7.1130% 7.25% III. Amount accepted in the auction ₹8,000 crore ₹7,000 crore ₹12,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL NIL Ajit Prasad Director (Communications) Press Release: 2023-2024/379
ਜੂਨ 08, 2023
Governor’s Statement: June 8, 2023
As I make this monetary policy statement, we can derive satisfaction from the fact that the Indian economy and the financial sector stand out as strong and resilient in a world of unprecedented headwinds and swift cross currents. Unlike the previous three tumultuous years, the uncertainty on the horizon appears comparatively less and the path ahead somewhat clearer; but we have to be acutely aware that the geopolitical conflict continues unabated and policy normalisat
As I make this monetary policy statement, we can derive satisfaction from the fact that the Indian economy and the financial sector stand out as strong and resilient in a world of unprecedented headwinds and swift cross currents. Unlike the previous three tumultuous years, the uncertainty on the horizon appears comparatively less and the path ahead somewhat clearer; but we have to be acutely aware that the geopolitical conflict continues unabated and policy normalisat
ਜੂਨ 08, 2023
Monetary Policy Statement, 2023-24 Resolution of the Monetary Policy Committee (MPC) June 6-8, 2023
On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (June 8, 2023) decided to: Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent. The standing deposit facility (SDF) rate remains unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. The MPC also decided to remain focused on withd
On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (June 8, 2023) decided to: Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent. The standing deposit facility (SDF) rate remains unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. The MPC also decided to remain focused on withd
ਜੂਨ 08, 2023
Statement on Developmental and Regulatory Policies
This Statement sets out various developmental and regulatory policy measures relating to (i) Financial Markets; (ii) Regulation; and (iii) Payment Systems. I. Financial Markets 1. Borrowing in Call and Notice Money Markets by Scheduled Commercial Banks The extant guidelines on the Call, Notice and Term Money Markets prescribe prudential limits for outstanding borrowing in Call and Notice Money Markets for Scheduled Commercial Banks. With a view to providing greater fl
This Statement sets out various developmental and regulatory policy measures relating to (i) Financial Markets; (ii) Regulation; and (iii) Payment Systems. I. Financial Markets 1. Borrowing in Call and Notice Money Markets by Scheduled Commercial Banks The extant guidelines on the Call, Notice and Term Money Markets prescribe prudential limits for outstanding borrowing in Call and Notice Money Markets for Scheduled Commercial Banks. With a view to providing greater fl
ਜੂਨ 08, 2023
Money Market Operations as on June 07, 2023
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 472,206.51 6.43 4.90-7.65 I. Call Money 10,565.15 6.43 4.90-6.50 II. Triparty Repo 277,122.35 6.42 6.30-6.54 III. Market Repo 183,875.01 6.44 5.50-6.95 IV. Repo in Corporate Bond 644.00 6.80 6.65-7.65 B. Term Segment I. Notice Money** 77.00 6.31 6.25-6.35 II. Term Money@@ 57.00 - 6.55-6.80 III. Triparty Repo 0.00 - - IV. Market Repo 688.
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 472,206.51 6.43 4.90-7.65 I. Call Money 10,565.15 6.43 4.90-6.50 II. Triparty Repo 277,122.35 6.42 6.30-6.54 III. Market Repo 183,875.01 6.44 5.50-6.95 IV. Repo in Corporate Bond 644.00 6.80 6.65-7.65 B. Term Segment I. Notice Money** 77.00 6.31 6.25-6.35 II. Term Money@@ 57.00 - 6.55-6.80 III. Triparty Repo 0.00 - - IV. Market Repo 688.
ਜੂਨ 08, 2023
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption due on June 09, 2023 (June 10 and June 11, 2023 being non-working Saturday and Sunday respectively) (Series XI of SGB 2017-18)
In terms of GOI Notification F. No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18, Series XI - Issue date December 11, 2017) on Sovereign Gold Bond 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. Accordingly, the next due date of premature redemption of the above tranche shall be June 09, 2023 (June 10 and June 11, 2023 being non-working Saturday a
In terms of GOI Notification F. No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18, Series XI - Issue date December 11, 2017) on Sovereign Gold Bond 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. Accordingly, the next due date of premature redemption of the above tranche shall be June 09, 2023 (June 10 and June 11, 2023 being non-working Saturday a
ਜੂਨ 08, 2023
RBI to conduct 4-day Variable Rate Reverse Repo auction under LAF on June 09, 2023
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on June 09, 2023, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 04 10:30 AM to 11:00 AM June 13, 2023 (Tuesday) 2. 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 Direct
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on June 09, 2023, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 04 10:30 AM to 11:00 AM June 13, 2023 (Tuesday) 2. 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 Direct
ਜੂਨ 08, 2023
RBI releases the results of Forward Looking Surveys
The Reserve Bank of India today released on its website the results of the following Surveys: Consumer Confidence Survey (CCS) – May 2023 Inflation Expectations Survey of Households (IESH) – May 2023 Survey of Professional Forecasters on Macroeconomic Indicators– Round1 82nd The Survey results are based on the feedback received from the respondents to the Surveys and do not necessarily reflect the views of the Reserve Bank of India. Ajit Prasad Director (Communication
The Reserve Bank of India today released on its website the results of the following Surveys: Consumer Confidence Survey (CCS) – May 2023 Inflation Expectations Survey of Households (IESH) – May 2023 Survey of Professional Forecasters on Macroeconomic Indicators– Round1 82nd The Survey results are based on the feedback received from the respondents to the Surveys and do not necessarily reflect the views of the Reserve Bank of India. Ajit Prasad Director (Communication
ਜੂਨ 08, 2023
Foreign Exchange Turnover Data: May 22 - May 26, 2023
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 22 – May 26, 2023. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 22-05-2023 3,765 2,532 628 310 217 163 10,710 12,947 694 6,554 1,836 424 23-05-2023 4,309 1,114 542 484 2
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 22 – May 26, 2023. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 22-05-2023 3,765 2,532 628 310 217 163 10,710 12,947 694 6,554 1,836 424 23-05-2023 4,309 1,114 542 484 2
ਜੂਨ 08, 2023
Foreign Exchange Turnover Data: May 15 - May 19, 2023
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 15 – May 19, 2023. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 15-05-2023 3,349 1,334 412 273 252 163 11,430 8,963 1,634 5,841 1,825 315 16-05-2023 3,799 1,397 403 381
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 15 – May 19, 2023. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 15-05-2023 3,349 1,334 412 273 252 163 11,430 8,963 1,634 5,841 1,825 315 16-05-2023 3,799 1,397 403 381
ਜੂਨ 08, 2023
Foreign Exchange Turnover Data: May 08 - May 12, 2023
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 08 – May 12, 2023. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 08-05-2023 5,147 964 673 258 473 383 12,763 14,270 1,432 4,547 2,152 144 09-05-2023 3,863 2,075 640 242 1
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 08 – May 12, 2023. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 08-05-2023 5,147 964 673 258 473 383 12,763 14,270 1,432 4,547 2,152 144 09-05-2023 3,863 2,075 640 242 1
ਜੂਨ 08, 2023
Foreign Exchange Turnover Data: May 02 - May 04, 2023
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 02 – May 04, 2023. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 02-05-2023 4,480 1,043 708 437 390 254 12,079 12,192 1,071 5,891 1,890 358 03-05-2023 3,565 1,059 776 295
The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 02 – May 04, 2023. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 02-05-2023 4,480 1,043 708 437 390 254 12,079 12,192 1,071 5,891 1,890 358 03-05-2023 3,565 1,059 776 295
ਜੂਨ 08, 2023
Underwriting Auction for sale of Government Securities for ₹39,000 crore on June 09, 2023
Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on June 09, 2023. 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 A
Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on June 09, 2023. 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 A
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