Press Releases

The Reserve Bank of India had announced the withdrawal of ₹2000 banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The total value of ₹2000 banknotes in circulation, which amounted to ₹3.62 lakh crore on March 31, 2023 had declined to ₹3.56 lakh crore as at the close of business on May 19, 2023. A status of withdrawal of ₹2000 banknotes was published by the RBI in Press Release No. 2023-2024/522 dated July 3rd, 2023. According to the data

Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) for the month of July 2023. Highlights: Lending Rates: The weighted average lending rate (WALR) on fresh rupee loans of SCBs decreased by 7 basis points (bps) from 9.27 per cent in May 2023 to 9.20 per cent in June 2023. The WALR on outstanding rupee loans of SCBs increased by 4 bps from 9.78 per cent in May 2023 to 9.82 per cent in June 2023

Government of India (GOI) has announced the sale (re-issue) of four dated securities for a notified amount of ₹39,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 6.99% GS 2026 Apr 17, 2026 8,000 F.No.4(3)-B(W&M)/2023 dated July 31, 2023 August 04, 2023 (Friday) August 07, 2023 (Monday) 2 7.17% GS 2030 Apr 17, 2030 7,000 3 7.18% GS 2037 July 24, 2037 12,000 4

Reserve Bank of India vide directive DCBS.CO.BSD-I./D-9/12.22.111/2016-17 dated March 30, 2017 had placed The Kapol Cooperative Bank Ltd Mumbai, Maharashtra under Directions from the close of business on March 30, 2017 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to July 31, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it

(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) 488,167.57 6.51 4.75-6.90 I. Call Money 9,239.73 6.48 5.00-6.85 II. Triparty Repo 309,929.95 6.54 6.32-6.87 III. Market Repo 168,517.89 6.45 4.75-6.90 IV. Repo in Corporate Bond 480.00 6.56 6.45-6.60 B. Term Segment I. Notice Money** 66.25 6.31 5.85-6.45 II. Term Money@@ 560.00 - 6.70-6.85 III. Triparty Repo 120.00 6.40 6.40-6.40 IV. Mar

Data on sectoral deployment of bank credit for the month of June 20231 collected from 40 select scheduled commercial banks, accounting for about 93 per cent of the total non-food credit deployed by all scheduled commercial banks, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 registered a growth of 16.3 per cent in June 2023 as compared with 15.0 per cent a year ago. Highlights of the sectoral deployment of bank credit are g

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 15-Jul-22 30-JUN-2023* 14-JUL-2023* 15-Jul-22 30-JUN-2023* 14-JUL-2023* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 186227.53 257612.63 245853.35 189496.84 260024.58 248172.86** b) Borrowings from banks 61405.6 39739.1 162153.06 61413.6 39869 162269.92 c) Other demand & time liabilities 41115.41 61504.47 63688.56 41833.48 62178.02 64380

The Reserve Bank of India issued Directions to The Karmala Urban Co-operative Bank Limited, Solapur, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2729/12-07-005/2022-2023 dated July 29, 2022, for a period of six months up to January 29, 2023, as modified from time to time which were extended up to July 29, 2023 vide Directive DOR.MON.No.D-19/12.22.130/2023-24 dated April 28, 2023. 2. The Reserve B

The Reserve Bank of India issued Directions to Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2723/12-07-005/2022-2023 dated July 28, 2022, for a period of six months up to January 29, 2023, as modified from time to time, which were last extended up to July 29, 2023 vide Directive DOR.MON.D-18/12.22.663/2023-24 dated April 27, 2023. 2. The Reserve Bank o