NSDP

The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Maratha Sahakari Bank Ltd., Mumbai, Maharashtra with The Cosmos Co-operative Bank Limited, Pune, Maharashtra. The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from May 29, 2023. All the branches of Maratha Sahakari Bank Ltd., Mumbai (Maharashtr

The Reserve Bank of India (RBI) has, by an order dated May 25, 2023 imposed a monetary penalty of ₹84.50 lakh (Rupees Eighty four lakh fifty thousand only) on Central Bank of India (the bank) for non-compliance with certain provisions of ‘Reserve Bank of India (Frauds classification and reporting by commercial banks and select FIs) directions 2016’ and ‘Master Circular on Customer Service in Banks’. This penalty has been imposed in exercise of powers vested in RBI und

The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following company. Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued On Cancellation Order Date 1 New Link Overseas Finance Limited Mamatta Complex, II Floor, 13, Whites Road, Royapettah, Madras, Tamilnadu - 600014 07-00309 June 01, 2007 May 26, 2023 As such, the abo

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2022 2023 Variation May 20 May 12 May 19 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 8504 12451 12194 -257 3690 * Data are provisional. 2. Foreign Exchange Reserves* Item As on May 19, 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 4905462 593477 -20659 -6052 151198

Auction Results 7.17% GS 2030 7.41% GS 2036 7.40% GS 2062 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 202 264 153 (ii) Amount ₹23151 Crore ₹34427 Crore ₹27661.500 Crore IV. Cut-off price / Yield 100.88 102.75 103.02 (YTM: 7.0046%) (YTM: 7.0902%) (YTM: 7.1678%) V. Competitive Bids Accepted (i) Number 43 63 58 (ii) Amount ₹6987.535 Crore ₹11991.5

7.17% GS 2030 7.41% GS 2036 7.40% GS 2062 I. Notified Amount ₹7,000 crore ₹12,000 crore ₹12,000 crore II. Cut off Price / Implicit Yield at cut-off 100.88/7.0046% 102.75/7.0902% 103.02/7.1678% 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: 2023-2024/286

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 4,78,430.47 6.33 5.15-7.75 I. Call Money 10,270.65 6.36 5.15-6.55 II. Triparty Repo 3,02,998.10 6.30 6.25-6.35 III. Market Repo 1,65,016.72 6.39 5.50-6.50 IV. Repo in Corporate Bond 145.00 7.13 6.55-7.75 B. Term Segment I. Notice Money** 134.90 6.21 6.10-6.40 II. Term Money@@ 99.00 - 6.25-6.75 III. Triparty Repo 145.00 6.38 6.35-6.40 IV.

In terms of GOI Notification F. No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18, Series IX - Issue date November 27, 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 May 26, 2023 (May 27, 2023 being a non-working Saturday). 2. Further,

The Governor, Reserve Bank of India (RBI) had held a meeting with the National Federation of Urban Co-operative Banks and Credit Societies Limited (NAFCUB), Federations of UCBs from certain states and the CEOs of select UCBs on May 12, 2023. As indicated in the meeting, and with a view to bringing about closer coordination and focused interaction with the federations in respect of policy/ regulatory issues concerning the UCB sector, it has been decided to designate th

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on May 26, 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 Amount M