NSDP

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

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

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

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

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

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

(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

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

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

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

(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

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

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

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 ₹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 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 (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 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

(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

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