Press Releases

Money Market Operations as on October 05, 2023

Today, the Reserve Bank released2 the web publication ‘Deposits with Scheduled Commercial Banks – June 2023’ on its Database on Indian Economy (DBIE) portal (web-link: - https://dbie.rbi.org.in/DBIE/dbie.rbi?site=BsrPublications#!21). In quarterly Basic Statistical Return (BSR) -2 survey, scheduled commercial banks (SCBs) {excluding regional rural banks (RRBs)} report branch-wise data on type of deposits (current, savings and term), its institutional sector wise owner

Sadhana Verma_Underwriting Auction for sale of Government Securities for ₹30,000 crore on October 06, 2023

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RBI to conduct 14-day Variable Rate Reverse Repo auction under LAF on October 06, 2023 

Today, the Reserve Bank released2 the web publication ‘Deposits with Scheduled Commercial Banks – June 2023’ on its Database on Indian Economy (DBIE) portal (web-link: - https://dbie.rbi.org.in/DBIE/dbie.rbi?site=BsrPublications#!21). In quarterly Basic Statistical Return (BSR) -2 survey, scheduled commercial banks (SCBs) {excluding regional rural banks (RRBs)} report branch-wise data on type of deposits (current, savings and term), its institutional sector wise owner

The Reserve Bank of India (RBI) has, by an order dated July 03, 2023, imposed a monetary penalty of ₹1.50 lakh (Rupees One lakh and Fifty Thousand only) on Vita Urban Co-operative Bank Ltd., Vita, Maharashtra (the bank) for contravention of provisions of Section 26-A read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and directions issued by RBI on ‘Maintenance of Deposit Accounts’. This penalty has been imposed in exercise of powers vested in RBI under

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