Reserve Bank of India – Tenders

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Department of Supervision (NBFC), Reserve Bank of India, Bengaluru invites e-tender for the publication of advertisements in newspapers regarding ‘Cancellation of Deposit taking NBFC license and Cancellation of CoRs during the quarter January – March 2021’. The tendering process shall be done through the e-tendering portal of MSTC Ltd (http://mstcecommerce.com/eprochome/rbi) as per the annexed terms & conditions.

2. All empanelled advertisement agencies submit their quotations through the above referred MSTC portal to participate in the e-Tendering process.

3. The estimated budget for the two advertisements is Rs.6 lakh (approx.)

4. The schedule for the e-Tendering process is as under:

A E-Tender No. RBI/Bengaluru/Others/28/20-21/ET/767
B Name of the work Release of two advertisements relating to (i) Cancellation of CoR of a Deposit taking NBFC and (ii) Cancellation of CoRs during the quarter January – March 2021 in 3 News Papers (One each in English, Kannada and Hindi having circulation in Karnataka) in all Karnataka editions.
C Date of NIT available to parties to download 03.00 pm of May 21, 2021
D Date of Starting of e-Tender 03.00 pm on May 21, 2021
E Date of closing of online e-tender 4.00 pm on June 02, 2021
F Date and Time of opening of the Tender 11.00 am on June 03, 2021

5. Quotations received other than through MSTC portal will not be considered.

6. Amendments / corrigendum to the tender, if any, issued in future will only be notified on the RBI Website and MSTC Website as given above and will not be published in newspapers.

Officer-in-Charge
Bangalore

May 28, 2021

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Reserve Bank of India – Press Releases

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In the underwriting auctions conducted on May 28, 2021 for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

(₹ crore)
Nomenclature of the Security Notified Amount Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten ACU Commission Cut-off rate
(paise per ₹ 100)
4.26% GS 2023 3,000 1,512 1,488 3,000 0.42
5.85% GS 2030 14,000 7,014 6,986 14,000 16.23
6.76% GS 2061 9,000 4,515 4,485 9,000 13.00
Auction for the sale of securities will be held on May 28, 2021.

Ajit Prasad
Director   

Press Release: 2021-2022/279

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Reserve Bank of India – Tenders

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The pre-bid meeting for the captioned work was conducted through WebEx meeting on 25.05.2021 at 11.00 AM in presence of the following:

For Reserve Bank of India:

  1. Shri. K. Satyanarayana, AGM (Estate)

  2. Shri. Alok Kumar, Manager (Estate)

  3. Shri. Sunil Shantaram Phadke, A.M (Tech Elect)

  4. Shri. Ram Prasad Malle, A.M (Estate)

Tenderers:

  1. Shri. Azhar Khan, M/s M K Enterprises, Nagpur.

  2. Shri. David Singh, M/s Magneto Clean Tech, New Delhi.

  3. Shri. Sameer Bhalerao, M/s Finsen Ritter Technologies Pvt. Ltd., Indore, M.P. (Queries received through e-mail)

Gist of the queries raised by the prospective bidders and Bank’s clarification on the same is as follows.

1. Whether exemption for EMD can be given to MSME companies / Startup organizations? (M/s Magneto Clean Tech)

Bank’s Clarification: No. As per the tender terms and conditions, EMD should be submitted by all the bidders. Bids for which EMD is not received will not be accepted.

2. What are the documents for uploading while submitting the tender? (M/s Magneto Clean Tech)

Bank’s Clarification: As mentioned in the page No: 2 to 4 of the tender Document.

3. Is there any relaxation in pre-qualification criteria of minimum 3 years of experience in the field of undertaking similar Design, Supply, Installation, Testing & Commissioning of UVGI Assembly in the Air Handling Units (AHUs)? Whether experience in HVAC works will be considered as equivalent experience (M/s M K Enterprises and M/s Finsen Ritter Technologies Pvt. Ltd)

Bank’s Clarification: It is informed that the above pre-qualification criteria of minimum 03 years’ experience in the field of undertaking similar DSITC of UVGI Assembly in AHUs cannot be relaxed and bids submitted by tenderers meeting the required experience criteria will only be evaluated.

4. Whether the tenderer has to submit BG for the DLP and services during AMC? (M/s M K Enterprises)

Bank’s Clarification: Yes, as per the clause 3.12.7 in tender document “The tenderer shall furnish a separate Bank guarantee of 10% of the contract value as Security for due fulfilment of terms and obligation of defects liability period and services during AMC. The amount of Bank Guarantee will be valid for five years from the date of handing over of the system to the Bank. After that BG of 5% of the quoted rate will have to be submitted for further period of 3 years”.

5. Whether any specific make and model required for UVGI? (M/s M K Enterprises)

Bank’s Clarification: No

6. Whether EMD should submit along with bid or after bid submission and what are the options available for submitting the EMD amount? (M/s Magneto Clean Tech)

Bank’s Clarification: The options available for submitting EMD as per tender condition are:

I. NEFT – The amount should affect in the Bank’s account before 2.00 p.m. on 03.06.2021.

II. Demand Draft – Should reach on or before 2.00 p.m. on 03.06.2021.

III. Irrevocable Bank Guarantee – Should reach on or before 2.00 p.m. on 03.06.2021.

7. Whether it is mandatory to have service set up in Nagpur? (M/s Magneto Clean Tech)

Bank’s Clarification: Yes. Participating tenderers should necessarily have Service Setup in Nagpur.

8. Whether Banker’s certificate should be in the format as mentioned in the tender Documents? (M/s Magneto Clean Tech)

Bank’s Clarification: Yes, as per the tender Section III of clause 3.1. (iv) as mentioned in page no.21 of Part I of the tender Document, tenderer should submit “Banker`s certificate of value not less than Rs.15.5 lakhs as per the pro forma given Annex-V along with technical bid”.

9. Whether client certificate is required to be submitted in the same format as mentioned in the Tender? (M/s Magneto Clean Tech)

Bank’s Clarification: Client Certificates detailing all the aspects mentioned in the Bank’s format will also be accepted.

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Reserve Bank of India – Press Releases

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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

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The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹19,550 Cr. (Face Value).

Sr. No. State/ UT Amount to be raised
(₹ Cr)
Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Yrs) Type of Auction
1. Andhra Pradesh 1000 19 Yield
1000 20 Yield
2. Bihar 2000 6 Yield
3. Haryana 2000 500 12 Yield
4. Jammu & Kashmir 800 15 Yield
5. Kerala 1000 13 Yield
6. Maharashtra 1500 500 10 Yield
1000 11 Yield
7. Nagaland 250 10 Yield
8. Rajasthan 1000 10 Yield
500 20 Yield
500 Re-issue of 7.03% Rajasthan SDL 2030 issued on February 12, 2020 Price
9. Tamil Nadu 1500 25 Yield
1500 30 Yield
10. Telangana 1000 20 Yield
11. West Bengal 3000 7 Yield
  Total 19550      

The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on June 01, 2021 (Tuesday). The Government Stock up to 10% of the notified amount of the sale of each stock will be allotted to eligible individuals and institutions subject to a maximum limit of 1% of its notified amount for a single bid per stock as per the Scheme for Non-competitive Bidding Facility.

Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on June 01, 2021 (Tuesday). The non-competitive bids should be submitted between 10.30 A.M. and 11.00 A.M. and the competitive bids should be submitted between 10.30 A.M. and 11.30 A.M.

In case of technical difficulties, Core Banking Operations Team (email; Phone no: 022-27595666, 022-27595415, 022-27523516) may be contacted.

For other auction related difficulties, IDMD auction team can be contacted (email; Phone no: 022-22702431, 022-22705125).

Only in the event of system failure, physical bids would be accepted. Such physical bids should be submitted to the Public Debt Office (email; Phone no: 022-22632527, 022-22701299) in the prescribed form obtainable from RBI website (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx) before the auction timing ends.

The yield percent per annum expected by the bidder should be expressed up to two decimal points. An investor can submit more than one competitive bid at same/different rates of yield or prices in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system. However, the aggregate amount of bids submitted by a bidder should not exceed the notified amount for each State.

The Reserve Bank of India will determine the maximum yield /minimum price at which bids will be accepted. Securities will be issued for a minimum nominal amount of ₹10,000.00 and multiples of ₹10,000.00 thereafter.

The results of the auction will be announced on June 01, 2021 (Tuesday) and payment by successful bidders will be made during banking hours on June 02, 2021 (Wednesday) at Mumbai and at respective Regional Offices of RBI.

The State Government Stocks will bear interest at the rates determined by RBI at the auctions. For the new securities, interest will be paid half yearly on December 02 and June 02 of each year till maturity. The Stocks will be governed by the provisions of the Government Securities Act, 2006 and Government Securities Regulations, 2007.

The investment in State Government Stocks will be reckoned as an eligible investment in Government Securities by banks for the purpose of Statutory Liquidity Ratio (SLR) under Section 24 of the Banking Regulation Act, 1949. The stocks will qualify for the ready forward facility.

Ajit Prasad
Director   

Press Release: 2021-2022/277

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Corrigendum – Empanelment of Tailoring Firms for stitching work at Reserve Bank of India, College of Agricultural Banking, University Road, Pune

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Date of issue of the tender: March 31, 2021.

Your attention is invited to the following amendments in the schedule of the captioned tender:

Start Bid Date March 31, 2021 at 10:00 AM
Last date for obtaining applications June 04, 2021 till 05:00 PM
Last date for Submission of bids June 07, 2021 till 10.30 AM
Bid opening Date June 07, 2021 at 11.00 AM

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Reserve Bank of India – Press Releases

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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

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Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on May 28, 2021.

As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under:

(₹ in crore)
Security Notified Amount Minimum Underwriting Commitment (MUC) amount per PD Minimum bidding commitment per PD under ACU auction
4.26% GS 2023 3,000 72 72
5.85% GS 2030 14,000 334 334
6.76% GS 2061 9,000 215 215

The underwriting auction will be conducted through multiple price-based method on May 28, 2021 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E- Kuber) System between 09:00 A.M. and 09:30 A.M. on the date of underwriting auction.

The underwriting commission will be credited to the current account of the respective PDs with RBI on the date of issue of securities.

Ajit Prasad
Director   

Press Release: 2021-2022/275

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Reserve Bank of India – Notifications

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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

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In terms of GOI notification [F.No.4(19)-W&M/2014] and Reserve Bank of India (RBI) circular IDMD.CDD.No.939/14.04.050/2015-16, dated October 30, 2015 the redemption price of Sovereign Gold Bond (SGB) is based on the simple average closing gold price of 999 purity [published by the India Bullion and Jewellers Association Ltd (IBJA)] of the week (Monday-Friday) preceding the date of redemption.

Accordingly, the redemption price for the early redemption due on May 30, 2021 shall be ₹4837/- per unit of SGB and payable on May 29, 2021 (May 30, 2021 being a Sunday).

Ajit Prasad
Director   

Press Release: 2021-2022/274

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