NSDP

Today, the Reserve Bank of India (RBI), vide order dated March 17, 2022, has cancelled the license of People’s Co-operative Bank Limited, Kanpur, Uttar Pradesh. Consequently, the bank ceases to carry on banking business, with effect from the close of business on March 21, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. T

The Reserve Bank of India (RBI) has imposed, by an order dated March 10, 2022, a monetary penalty of ₹2.00 lakh (Rupees Two lakhs only) on The Bank Employees’ Co-operative Bank Limited, Kolkata (West Bengal) (the bank) for contravention of/ non-adherence with the Directions issued by RBI to Urban Cooperative Banks on ‘Exposure Norms and Statutory / Other Restrictions – UCBs’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Sec

The rate of interest on Government of India Floating Rate Bonds, 2033 (GOI FRB 2033) applicable for the half year March 22, 2022 to September 21, 2022 shall be 5.53 percent per annum. It may be recalled that FRB, 2033 will carry a coupon, which will have a Base rate equivalent to the average of the Weighted Average Yield (WAY) of last 3 auctions (from the rate fixing day i.e. March 22, 2022) of 182 Day T-Bills, plus a fixed spread (1.22%). (Yogesh Dayal) Chief General

The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on March 22, 2022, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 3 12:30 PM to 1:00 PM March 25, 2022 (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.(Yogesh Dayal) Chief General ManagerPress Release: 2021-2022/1885

The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on March 22, 2022, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 28 10:30 AM to 11:00 AM April 19, 2022 (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. (Yogesh Dayal) Chief General Manager Press Release: 2021-2022/1886

The Reserve Bank of India (RBI) has imposed, by an order dated March 16, 2022, a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on the Adarsh Mahila Mercantile Co-operative Bank Ltd., Muzaffarnagar (the bank) for contravention of directions on sanction of loans to Directors/ entities in which they are interested. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Sectio

(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) 16,893.40 3.41 2.70-3.75 I. Call Money 630.95 2.93 2.70-3.65 II. Triparty Repo 16,214.45 3.43 3.25-3.75 III. Market Repo 48.00 3.01 2.85-3.15 IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 10.30 2.75 2.75-2.80 II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.0

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2021 2022 Variation Mar. 12 Mar. 4 Mar. 11 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 8522 3209 6209 3000 -2313 * Data are provisional. 2. Foreign Exchange Reserves Item As on March 11 2022 Variation over Week End-March 2021 Year ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. 1 2 3 4 5 6 7 8 1 Total Reserves 4765009 622275 -47283 -9646 546056

Tenor 8-day Notified Amount (in ₹ crore) 2,00,000 Total amount of offers received (in ₹ crore) 57,120 Amount accepted (in ₹ crore) 57,120 Cut off Rate (%) 3.99 Weighted Average Rate (%) 3.99 Partial Acceptance Percentage of offers received at cut off rate NA Rupambara Director (Communications) Press Release: 2021-2022/1874