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Reserve Bank of India – Tenders

Tenders

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e-Tender no. – RBI/Ahmedabad/Others/29/20-21/ET/784

Consequent to the response of the chemists/druggists/stockists to the advertisement issued by Reserve Bank of India in leading local newspapers on April 04, 2021 for “Empanelment of chemists/druggists/stockists for supply of Medicines to the Bank’s Dispensaries at Ahmedabad”, a panel of five suppliers for the period from July 01, 2021 to March 31, 2024 viz. M/s Shah & Kothari Brothers, M/s Shriji Medical Stores, M/s Apollo Pharmacies Ltd., M/s P. Manubhai Medical & Sons and M/s Throne Pharma Solutions Pvt. Ltd. who have fulfilled the eligibility criteria and agreed to all the terms and conditions specified in Request for Empanelment document has been prepared.

2. To align the procurement cycle with the revised financial year of Reserve Bank, it has been decided to invite quotations from the approved panel of chemists for a period of nine months for the year 2021-22. Accordingly, we invite quotes from empanelled chemists /druggists /stockists for the tender for awarding the Contract for supply of medicines to the Bank’s Dispensaries from July 01, 2021 to March 31, 2022. The likely expenditure is ₹61,70,000/- (Rupees Sixty One Lakh Seventy thousand only). If interested, you are requested to quote your best uniform discount rate for the tentative purchase of items as per the list enclosed in Annex III. Your offer should be made in Price Bid in Part II of this e-tender. An Earnest Money Deposit (EMD) of ₹1,23,400/- (Rupees One Lakh Twenty Three Thousand Four Hundred only) has to be deposited on or before 16-06-2021 (3:00 PM). The price bids of such of the empanelled chemists / druggists/stockists who have submitted EMD would only be considered for award of the Annual Contract.

Terms & Conditions:

Terms and conditions as detailed below as also specified in our Request for Empanelment Document and agreed by you shall apply. Special conditions as indicated in Form-II shall also be applicable.

1. Earnest Money Deposit (EMD) of ₹1,23,400/- (Rupees One Lakh Twenty Three Thousand Four Hundred only) must be deposited on or before 16-06-2021 (3:00 PM) along with your bids by way of credit through NEFT [IFSC: RBIS0AHPA01 (5th and 10th character being ‘Zero’); Beneficiary name: Reserve Bank of India, Ahmedabad, A/c No 186003001]. Bids without EMD will not be considered and will be rejected. EMD of unsuccessful bidders will be returned within 15 days of awarding the Annual Contract (AC) to successful bidder. EMD of the bidders not honouring their commitment / quotations may be forfeited at the discretion of the Regional Director, Reserve Bank of India, Ahmedabad, who is not bound to assign any reason for his action.

2. The successful bidder has to submit an undertaking as per format given in Form – I along with Performance Bank Guarantee (PBG) of ₹6,17,000/- (Rupees Six Lakh Seventeen Thousand only) from a scheduled bank within a period of thirty days from the date of award of the Annual Contract (AC), in favour of the Reserve Bank of India, Ahmedabad, valid for a period beyond six months of the validity of AC. The EMD submitted along with the bid will be returned soon after receipt of the PBG. The format for PBG is given in Form-III.

3. The successful bidder will enter into an Annual Contract Agreement with the Bank as per format in Form-IV. The Contract will be valid for a period of nine months i.e., July 01, 2021 to March 31, 2022 and the uniform discount quoted by you shall remain firm and valid for the period.

4. Under no circumstance a request for alteration in the discount rate will be accepted/ considered.

5. Time is the essence of the contract, you have to make delivery of medicines at the Bank’s specified dispensary as per the delivery schedule given in each Purchase Order. The chemists/ druggists /stockists must have their office at Ahmedabad to execute the order and replace the rejected material if any, on priority.

6. It should be noted that liability to pay any duties, levies or taxes applicable, if any, under the law would be that of the chemists/druggists/stockists. The chemists/druggists/stockists will also have to bear all the expenses etc. connected with proper packaging, carting, transportation etc. in connection with supply to any place specified by the Bank. The Bank will only pay the labelled MRP less discount allowed thereon as per your offer after deducting applicable GST TDS /applicable tax.

7. Quotations (Bids) received without EMD will be summarily rejected. Any conditional quotation/offers will not be accepted.

8. The quotation should be uploaded on MSTC Website by the due date and time. Quotations will be opened on the due date and time as specified in this document.

9. Fall Clause: If the chemists/druggists/stockists with whom the Bank has entered into an annual purchase contract offers a higher discount or sells or even offers to sell medicines following conditions of sale similar to those of the Bank’s contract, to any person or organization during the currency of the rate contract, the discount rate applicable to the Bank will automatically be increased with effect from that date for all the subsequent supplies under the contract and the contract amended accordingly. Other parallel contract holders, if any, are also to be given opportunity to reduce their price as well, by notifying the reduced price to them and giving them 15 (fifteen) days’ time to intimate their revised prices, if they so desire, in a sealed cover to be opened in public on the specified date and time and further action taken as per standard practice.

10. Fulfilling the above terms & conditions and offering the highest discount does not necessarily mean qualifying for the award of the Contract.

11. The Regional Director, Reserve Bank of India, Ahmedabad reserves the right to accept any or reject any or all the offers received without assigning any reason thereof. The Regional Director, also reserves the right to relax or alter any clauses mentioned in this document as seem appropriate to him in the interest of the Bank.

12. The Regional Director, Reserve Bank of India, Ahmedabad, reserves the right to terminate the Annual Contract at any point of time by giving one-month notice period without assigning any reason and without prejudice to any other remedies available to the Bank.

(N R Ogale)
Assistant General Manager

Date:

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Addendum – Expression of Interest – Consultant for Review of Supervisory Models

Tenders

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Please refer to the advertisement dated April 30, 2021 regarding submission of EOI for engagement of External Consultant to undertake review of supervisory models. In this connection, it may be noted that the EOI documents received till 12pm on May 31, 2021 shall be opened on June 4, 2021 at 11am at RBI, WTC, 3rd Floor, Cuffe Parade. Due to pandemic situation, physical presence of outsiders is being avoided in line with Government guidelines. Consultants desirous of attending the EOI opening process through virtual mode may send in a request at the following email ids – cgmicdosco@rbi.org.in and sparcdos@rbi.org.in. All other terms and conditions mentioned in the EOI remain unchanged.

Chief General Manager-in-Charge
Department of Supervision, Central Office

Mumbai

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Reserve Bank of India – Tenders

Tenders

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E-Tenders are invited from eligible contractors / firms for the captioned work estimated to cost ₹6.44 lakh through the MSTC portal. The close bid date is 21.06.2021 at 1400 hrs.

NIT Number and Timeline is given below,

S. No. Activity Tentative date
1. Date of Press-Web Advertisements 01.06.2021
2. e – Tender no. RBI/Patna/Estate/499/20-21/ET/775
3. Mode of Tender e- Procurement System
(Online Part I – Techno-Commercial Bid and Part II – Price Bid through
www.Mstcecommerce.com/eprochome/rbi)
4. Date of NIT (along with complete tender document) available to parties to download 12:00 Noon of 01.06.2021
5. Date of Pre-bid meeting at Estate Department, RBI Main Building, Patna (offline) 12:00 Noon of 11.06.2021
6. Earnest Money Deposit ₹ 12,874/-
7. Start Bid date– Date of Starting of e- Tender for submission of online Techno- Commercial Bid and Price Bid at
www.mstcecommerce.com/eprochome/rbi–		 12:00 Noon of 01.06.2021
8. Close Bid date– Date of closing of online e – tender for submission of Techno-Commercial Bid & Price Bid 1400 hrs of 21.06.2021
9. Date & time of opening of Part-I (i.e. Techno-Commercial Bid):
Part-II (Price Bid) : Part-II (Price bid) shall be opened at a later date that will be intimated to vendors earlier.		 1500 hrs of 21.06.2021
10. Transaction Fee Payment of transaction fee through MSTC payment gateway/NEFT/RTGS in favour of MSTC LIMITED

Any amendments / corrigendum to the tender, if any, issued in future will only be notified on the RBI Website / MSTC Website and will not be published in the newspaper.

Brij Raj
GM-in-Charge
(Bihar)

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Reserve Bank of India – Press Releases

Press Releases

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(Amount in ₹ crore, Rate in Per cent)
  Volume
(One Leg)		 Weighted
Average Rate 		Range
A. Overnight Segment (I+II+III+IV) 386,556.62 3.25 1.00-3.50
     I. Call Money 10,664.04 3.18 1.90-3.50
     II. Triparty Repo 262,886.00 3.23 3.10-3.43
     III. Market Repo 109,585.58 3.30 1.00-3.50
     IV. Repo in Corporate Bond 3,421.00 3.44 3.40-3.50
B. Term Segment      
     I. Notice Money** 1,084.30 3.19 2.40-3.40
     II. Term Money@@ 99.00 – 3.15-3.35
     III. Triparty Repo 200.00 3.22 3.22-3.22
     IV. Market Repo 100.00 2.25 2.25-2.25
     V. Repo in Corporate Bond 15.00 5.35 5.35-5.35
  Auction Date Tenor (Days) Maturity Date Amount Current Rate /
Cut off Rate
C. Liquidity Adjustment Facility (LAF) & Marginal Standing Facility (MSF)
I. Today’s Operations
1. Fixed Rate          
     (i) Repo          
     (ii) Reverse Repo Mon, 31/05/2021 1 Tue, 01/06/2021 359,149.00 3.35
     (iii) Special Reverse Repo~          
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo          
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo – – – – –
3. MSF Mon, 31/05/2021 1 Tue, 01/06/2021  0.00 4.25
4. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£          
5. Net liquidity injected from today’s operations
[injection (+)/absorption (-)]*		       -359,149.00  
II. Outstanding Operations
1. Fixed Rate          
     (i) Repo          
     (ii) Reverse Repo          
     (iii) Special Reverse Repo~ Fri, 21/05/2021 14 Fri, 04/06/2021 5.00 3.75
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo Fri, 21/05/2021 14 Fri, 04/06/2021 200,016.00 3.47
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo          
3. MSF          
4. Long-Term Repo Operations# Mon, 17/02/2020 1095 Thu, 16/02/2023 499.00 5.15
  Mon, 02/03/2020 1094 Wed, 01/03/2023 253.00 5.15
  Mon, 09/03/2020 1093 Tue, 07/03/2023 484.00 5.15
  Wed, 18/03/2020 1094 Fri, 17/03/2023 294.00 5.15
5. Targeted Long Term Repo Operations^ Fri, 27/03/2020 1092 Fri, 24/03/2023 12,236.00 4.40
  Fri, 03/04/2020 1095 Mon, 03/04/2023 16,925.00 4.40
  Thu, 09/04/2020 1093 Fri, 07/04/2023 18,042.00 4.40
  Fri, 17/04/2020 1091 Thu, 13/04/2023 20,399.00 4.40
6. Targeted Long Term Repo Operations 2.0^ Thu, 23/04/2020 1093 Fri, 21/04/2023 7,950.00 4.40
7. On Tap Targeted Long Term Repo Operations€ Mon, 22/03/2021 1095 Thu, 21/03/2024 5,000.00 4.00
8. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£ Mon, 17/05/2021 1095 Thu, 16/05/2024 400.00 4.00
D. Standing Liquidity Facility (SLF) Availed from RBI$       1,662.00  
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -115,877.00  
F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -475,026.00  
G. Cash Reserves Position of Scheduled Commercial Banks
     (i) Cash balances with RBI as on 31/05/2021 607,205.27  
     (ii) Average daily cash reserve requirement for the fortnight ending 04/06/2021 614,682.00  
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ 31/05/2021 0.00  
I. Net durable liquidity [surplus (+)/deficit (-)] as on 07/05/2021 741,854.00  
@ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
– Not Applicable / No Transaction.
** Relates to uncollateralized transactions of 2 to 14 days tenor.
@@ Relates to uncollateralized transactions of 15 days to one year tenor.
$ Includes refinance facilities extended by RBI.
& As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
* Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo.
# As per the Press Release No. 2020-2021/287 dated September 04, 2020.
^ As per the Press Release No. 2020-2021/605 dated November 06, 2020.
€ As per the Press Release No. 2020-2021/520 dated October 21, 2020, Press Release No. 2020-2021/763 dated December 11, 2020 and Press Release No. 2020-2021/1057 dated February 05, 2021.
¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
£ As per the Press Release No. 2021-2022/181 dated May 07, 2021.
~ As per the Press Release No. 2021-2022/177 dated May 07, 2021.
Ajit Prasad
Director   
Press Release: 2021-2022/295

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Reserve Bank of India – Annual Report

Publications

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April 14, 2015




Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.




With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


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Reserve Bank of India – Annual Report

Publications

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April 14, 2015




Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.




With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


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Reserve Bank of India – Press Releases

Press Releases

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Today, the Reserve Bank of India (RBI) has, vide order dated May 28, 2021 cancelled the licence of Shivajirao Bhosale Sahakari Bank Ltd., Pune, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on May 31, 2021. The Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.

The Reserve Bank cancelled the licence of the bank as:

  1. The bank does not have adequate capital and earning prospects. As such, it does not comply with the provisions of section 11(1) and section 22 (3) (d) read with section 56 of the Banking Regulation Act, 1949,

  2. The bank has failed to comply with the requirements of section 22(3) (a), 22 (3) (b), 22(3)(c), 22(3) (d) and 22(3)(e) read with section 56 of the Banking Regulation Act, 1949,

  3. The continuance of the bank is prejudicial to the interests of its depositors,

  4. The bank with its present financial position would be unable to pay its present depositors in full and

  5. Public interest would be adversely affected if the bank is allowed to carry on its banking business any further.

2. Consequent to the cancellation of its licence Shivajirao Bhosale Sahakari Bank Ltd., Pune, Maharashtra is prohibited from conducting the business of ‘banking’ which includes acceptance of deposits and repayment of deposits as defined in Section 5(b) read with Section 56 of the Banking Regulation Act, 1949 with immediate effect.

3. With the cancellation of licence and commencement of liquidation proceedings, the process of paying the depositors of Shivajirao Bhosale Sahakari Bank Ltd., Pune, Maharashtra as per the DICGC Act, 1961 will be set in motion. As per the data submitted by the bank, more than 98% of the depositors will receive full amounts of their deposits from Deposit Insurance and Credit Guarantee Corporation (DICGC). On liquidation, every depositor would be entitled to receive deposit insurance claim amount of his/her deposits up to a monetary ceiling of ₹5,00,000/- (Rupees Five lakh only) from the DICGC subject to the provisions of the DICGC Act, 1961.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/294

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Reserve Bank of India – Notifications

Notifications

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RBI/2021-22/45
DOR. AML.REC 18 /14.01.001/2021-22

May 31, 2021

All Commercial and Co-operative Banks / Payments Banks/ Small Finance Banks /
NBFCs / Payment System Providers

Madam / Dear Sir,

Customer Due Diligence for transactions in Virtual Currencies (VC)

It has come to our attention through media reports that certain banks/ regulated entities have cautioned their customers against dealing in virtual currencies by making a reference to the RBI circular DBR.No.BP.BC.104/08.13.102/2017-18 dated April 06, 2018. Such references to the above circular by banks/ regulated entities are not in order as this  circular was set aside by the Hon’ble Supreme Court on March 04, 2020 in the matter of Writ Petition (Civil) No.528 of 2018 (Internet and Mobile Association of India v. Reserve Bank of India). As such, in view of the order of the Hon’ble Supreme Court, the circular is no longer valid from the date of the Supreme Court judgement, and therefore cannot be cited or quoted from.

2. Banks, as well as other entities addressed above, may, however, continue to carry out customer due diligence processes in line with regulations governing standards for Know Your Customer (KYC), Anti-Money Laundering (AML), Combating of Financing of Terrorism (CFT) and obligations of regulated entities under Prevention of Money Laundering Act, (PMLA), 2002 in addition to ensuring compliance with relevant provisions under Foreign Exchange Management Act (FEMA) for overseas remittances.

Yours faithfully,

(Shrimohan Yadav)
Chief General Manager

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Reserve Bank of India – Press Releases

Press Releases

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Data on sectoral deployment of bank credit collected from select 33 scheduled commercial banks, accounting for about 90 per cent of the total non-food credit deployed by all scheduled commercial banks for the month of April 2021, are set out in Statements I and II.

Highlights of the sectoral deployment of bank credit are given below:

  • On a year-on-year (y-o-y) basis, non-food bank credit1 growth stood at 5.7 per cent in April 2021 as compared to 6.7 per cent in April 2020.

  • Credit growth to agriculture and allied activities accelerated to 11.3 per cent in April 2021 from 4.7 per cent in April 2020.

  • Credit growth to industry decelerated to 0.4 per cent in April 2021 from 1.7 per cent in April 2020. However, credit to medium industries registered a robust growth of 43.8 per cent in April 2021 as compared to a contraction of 6.4 per cent a year ago. Credit growth to micro and small industries accelerated to 3.8 per cent in April 2021 as compared to a contraction of 2.2 per cent a year ago, while credit to large industries contracted by 1.9 per cent as compared to a growth of 2.7 per cent a year ago.

  • Within industry, credit to ‘food processing’, ‘textiles’, ‘gems & jewellery’, ‘paper & paper products’, ‘glass & glassware’, ‘infrastructure’, ‘leather & leather products’ and ‘wood & wood products’ registered an accelerated growth in April 2021 as compared to the corresponding month of the previous year. However, credit growth to ‘mining & quarrying’, ‘beverages & tobacco’, ‘petroleum coal products & nuclear fuels’, ‘rubber, plastic & their products’, ‘vehicles, vehicle parts & transport equipment’, ‘basic metal & metal products’, ‘cement & cement products’, ‘all engineering’, ‘chemicals & chemical products’ and ‘construction’ decelerated/contracted.

  • Credit growth to the services sector decelerated to 1.2 per cent in April 2021 from 10.6 per cent in April 2020, mainly due to deceleration in credit growth to NBFCs and marginal contraction in credit to transport operators. However, credit to trade segment continued to perform well, registering accelerated growth of 10.5 per cent in April 2021 as compared to 8.7 per cent a year ago.

  • Personal loans registered an accelerated growth of 12.6 per cent in April 2021 as compared to12.3 per cent a year ago, primarily due to accelerated growth in vehicle loans, loans against gold jewellery and credit card outstanding.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/293

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Reserve Bank of India – Tenders

Tenders

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Reserve Bank of India invites two-part e-tender for “Design, Supply, Installation, Testing and Commissioning (DSITC) of Intelligent Addressable Analogue Fire Alarm System for the Bank’s office premises at Riverfront House in Ahmedabad”. Interested and eligible companies/ agencies/ firms can download the tender form from Reserve Bank of India’s website https://rbi.org.in/Scripts/BS_ViewTenders.aspx and also MSTC website https://www.mstcecommerce.com. The estimated cost of the tender is ₹9,00,000. The timeline for the tender is as follows:

1 Date and time of downloading Tender Form from Website June 01, 2021 from 01:00 AM
2 Last date for submission of tender form June 15, 2021 up to 03:00 PM
3 Last date for submission of earnest money June 14, 2021
4 Date and time of opening of Tender part – I June 15, 2021 at 04:00 PM
5 Earnest Money ₹18,000/-

All interested companies/agencies/ firms must register themselves with MSTC Ltd. through the above mentioned website to participate in the tendering process. Any further addendum / corrigendum will be published only on RBI website and MSTC website. The Bank reserves the right to reject any tender or all tenders without assigning any reason.

Regional Director
for Gujarat, Daman & Diu and Dadra & Nagar Haveli

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