Reserve Bank of India – Tenders

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A reference is invited to the advertisement – Request for Quotation – ‘Seeking Financial Bid for Nationwide Bank Customers’ Satisfaction Survey’ published on April 23, 2021 on our website www.rbi.org.in.

2. It has been decided to extend the last date for submission of tender documents till May 15, 2021. The other terms and conditions of the tender remain unchanged.

3. The tender will be opened on May 17, 2021 at 11.00 AM.

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Reserve Bank of India – 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) 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
  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 Sun, 09/05/2021 1 Mon, 10/05/2021 3,769.00 3.35
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo          
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo
3. MSF Sun, 09/05/2021 1 Mon, 10/05/2021 25.00 4.25
4. Long-Term Repo Operations    
5. Targeted Long Term Repo Operations
6. Targeted Long Term Repo Operations 2.0
7. Net liquidity injected from today’s operations
[injection (+)/absorption (-)]*
      -3,744.00  
II. Outstanding Operations
1. Fixed Rate          
     (i) Repo          
     (ii) Reverse Repo Sat, 08/05/2021 2 Mon, 10/05/2021 13,516.00 3.35
  Fri, 07/05/2021 3 Mon, 10/05/2021 362,190.00 3.35
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo Fri, 07/05/2021 14 Fri, 21/05/2021 200,020.00 3.46
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo          
3. MSF Sat, 08/05/2021 2 Mon, 10/05/2021 33.00 4.25
  Fri, 07/05/2021 3 Mon, 10/05/2021 0.00 4.25
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
D. Standing Liquidity Facility (SLF) Availed from RBI$       5,573.71  
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -488,037.29  
F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -491,781.29  
G. Cash Reserves Position of Scheduled Commercial Banks
     (i) Cash balances with RBI as on 09/05/2021 540,030.96  
  08/05/2021 543,537.20  
     (ii) Average daily cash reserve requirement for the fortnight ending 21/05/2021 534,650.00  
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ 07/05/2021 0.00  
I. Net durable liquidity [surplus (+)/deficit (-)] as on 23/04/2021 726,433.00  
@ 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.
Ajit Prasad
Director   
Press Release: 2021-2022/187

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Reserve Bank of India – Tenders

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Applications are invited from Kolkata based firms/companies/agencies for inclusion in the Bank’s panel of suppliers, which will remain operational for a period of two years and nine months (July 01, 2021 to March 31, 2024), subject to satisfactory performance.

Applications can be made in respect of:

2. The Application Form can be downloaded from Bank’s website https://www.rbi.org.in other links > tenders or can be obtained from Banking Stationery Cell, 2nd Floor, Reserve Bank of India, Kolkata, between 10:30 hours to 16:00 hours on all working days (Monday to Friday).

3. The duly completed application forms superscribed “Application for Empanelment of Vendors for Office Stationery Items, Printing & Binding and Cleaning Materials” may be submitted in sealed covers, addressed to the Regional Director for W.B & Sikkim, Reserve Bank of India, Human Resource Management Department (Stationery Section), 2nd Floor, 15, N.S.Road, Kolkata-700001, not later than 16:00 hours on June 10, 2021. Vendors who are currently on the Bank’s panel may apply afresh for empanelment.

Regional Director for W.B & Sikkim

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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) 367,636.76 3.27 0.01-5.30
     I. Call Money 12,231.52 3.22 1.90-3.50
     II. Triparty Repo 242,284.15 3.28 3.15-3.37
     III. Market Repo 108,941.29 3.24 0.01-3.50
     IV. Repo in Corporate Bond 4,179.80 3.49 3.40-5.30
B. Term Segment      
     I. Notice Money** 72.60 3.08 2.00-3.28
     II. Term Money@@ 346.00 3.00-3.50
     III. Triparty Repo 300.00 3.24 3.24-3.24
     IV. Market Repo 450.00 3.15 3.15-3.15
     V. Repo in Corporate Bond 0.00
  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 Fri, 07/05/2021 3 Mon, 10/05/2021 362,190.00 3.35
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo Fri, 07/05/2021 14 Fri, 21/05/2021 200,020.00 3.46
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo
3. MSF Fri, 07/05/2021 3 Mon, 10/05/2021 0.00 4.25
4. Long-Term Repo Operations    
5. Targeted Long Term Repo Operations
6. Targeted Long Term Repo Operations 2.0
7. Net liquidity injected from today’s operations
[injection (+)/absorption (-)]*
      -562,210.00  
II. Outstanding Operations
1. Fixed Rate          
     (i) Repo          
     (ii) Reverse Repo          
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo          
  (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
D. Standing Liquidity Facility (SLF) Availed from RBI$       5,573.71  
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     87,655.71  
F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -474,554.29  
G. Cash Reserves Position of Scheduled Commercial Banks
     (i) Cash balances with RBI as on 07/05/2021 557,032.49  
     (ii) Average daily cash reserve requirement for the fortnight ending 07/05/2021 538,082.00  
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ 07/05/2021 0.00  
I. Net durable liquidity [surplus (+)/deficit (-)] as on 23/04/2021 726,433.00  
@ 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.
Ajit Prasad
Director   
Press Release : 2021-2022/186

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Reserve Bank of India – Press Releases

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The Reserve Bank of India issued All Inclusive Directions to Millath Co-operative Bank Limited, Davangere, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-12 /12.23.096/2018-19 dated April 26, 2019, as modified from time to time, which were last extended up to May 7, 2021 vide Directive DOR.CO.RTG.MON.D-57/12.23.096/2020-21 dated February 05, 2021.

2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive DCBS.CO.BSD III.D-12 /12.23.096/2018-19 dated April 26, 2019 issued to Millath Co-operative Bank Limited, Davangere, Karnataka, and as modified from time to time, last being vide Directive DOR.CO.RTG.MON.D57/12.23.096/2020-21 dated February 05, 2021. Accordingly, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, hereby directs that the Directive DCBS.CO.BSD III.D-12 /12.23.096/2018-19 dated April 26, 2019, issued to Millath Co-operative Bank Limited, Davangere, Karnataka, as modified from time to time, the validity of which was last extended up to May 7, 2021 vide Directive DOR.CO.RTG.MON.D-57/12.23.096/2020- 21 dated February 05, 2021, shall continue to apply to the bank for a further period of three months from May 8, 2021 to August 7, 2021, subject to review.

3. Other terms and conditions of the Directives under reference shall remain unchanged.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/185

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Reserve Bank of India – Press Releases

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(Amount in Crore of ₹)
  SCHEDULED COMMERCIAL BANKS
(Including RRBs and SFBs)
ALL SCHEDULED BANKS
24-APR-2020 09-APR-2021* 23-APR-2021* 24-APR-2020 09-APR-2021* 23-APR-2021*
I LIABILITIES TO THE BKG.SYSTEM (A)            
  a) Demand & Time deposits from bks. 243507.26 190701.59 184447.23 248986.3 195573.34 189236.76**
  b) Borrowings from banks 64521.43 47785.11 57129.8 64521.43 47795.86 57136.8
  c) Other demand & time liabilities 15717.35 17877.32 18509.28 15863.05 18078.66 18710.62
II LIABILITIES TO OTHERS (A)            
  a) Deposits (other than from banks) 13723182.02 15211453.1 15134326.08 14138077.23 15643824.35 15563669.86
  i) Demand 1455444.64 1742863.98 1727354.34 1491632.18 1781916.9 1765473.57
  ii) Time 12267737.38 13468589.14 13406971.84 12646445.05 13861907.48 13798196.4
  b) Borrowings@ 301458.6 242997.11 236480.31 305581.92 247478.4 240922.26
  c) Other demand & time liabilities 521619.76 567477.92 565467.08 533697.26 579516.35 577412.79
III BORROWINGS FROM R.B.I. (B) 288193.99 89650.18 89731 288193.99 89650.18 89731
  Against usance bills and / or prom. Notes            
IV CASH 87773.56 86542.67 93115.76 90292.09 88481.52 95199.62
V BALANCES WITH R.B.I. (B) 423731.19 535652.09 552892.93 436369.71 550183.22 567983.37
VI ASSETS WITH BANKING SYSTEM            
  a) Balances with other banks            
  i) In current accounts 17945.85 19670.02 28141.8 20294.34 22194.31 30236.43
  ii) In other accounts 143977.38 126720.57 126994.34 175077.49 158219.74 157824.13
  b) Money at call & short notice 19699.14 8703.48 10206.02 44750.82 33489.67 32104.14
  c) Advances to banks (i.e. due from bks.) 25331.47 16416.83 15130.04 26669.5 19199.76 17672.58£
  d) Other assets 60642.78 28854.31 26985.51 67453.37 31778.99 29867.87
VII INVESTMENTS (At book value) 3969645.9 4549310.09 4478542.9 4090423.49 4688270.52 4616009.02
  a) Central & State Govt. securities+ 3968352.5 4548173.99 4477362.76 4082461.32 4681054.46 4608765.04
  b) Other approved securities 1293.4 1136.11 1180.13 7962.17 7216.07 7243.98
VIII BANK CREDIT (Excluding Inter Bank Advance) 10273415.79 10888463.93 10860425.22 10604138.9 11237209.33 11207001.13
  a) Loans, cash credits & Overdrafts$ 10076434.33 10673532.7 10653572.21 10404439.2 11019887.2 10997823.24
  b) Inland Bills purchased 22510.83 30741.58 29971.1 22931.65 31125.04 30381.49
  c) Inland Bills discounted 134450.29 129693.31 126565.29 135787.73 130695.44 127563.01
  d) Foreign Bills purchased 14955.69 20112.22 20012.08 15343.61 20492.49 20320.12
  e) Foreign Bills discounted 25064.65 34384.08 30304.55 25636.72 35009.13 30913.28
NOTE
* Provisional figures incorporated in respect of such banks as have not been able to submit final figures.
(A) Demand and Time Liabilities do not include borrowings of any Scheduled State Co-operative Bank from State Government and any reserve fund deposits maintained with such banks by any co-operative society within the areas of operation of such banks.
** This excludes deposits of Co-operative Banks with Scheduled State Co-operative Banks. These are included under item II (a).
@ Other than from Reserve Bank, National Bank for Agriculture and Rural Development and Export Import Bank of India.
(B) The figures relating to Scheduled Commercial Banks’ Borrowings in India from Reserve Bank and balances with Reserve Bank are those shown in the statement of affairs of the Reserve Bank. Borrowings against usance bills and/ or promissory notes are under Section 17(4)(c) of the Reserve Bank of India Act, 1934. Following a change in the accounting practise for LAF transactions with effect from July 11, 2014, as per the recommendations of Malegam Committee formed to review the Format of Balance Sheet and the Profit and Loss Account of the Bank, the transactions in case of Repo/ Term Repo/MSF are reflected under “Borrowings from RBI”.
£ This excludes advances granted by Scheduled State Co-operative Banks to Co-operative banks. These are included under item VIII (a).
+ Includes Treasury Bills, Treasury Deposits, Treasury Savings Certificates and postal obligations.
$ Includes advances granted by Scheduled Commercial Banks and State Co-operative Banks to Public Food Procurement Agencies (viz. Food Corporation of India, State Government and their agencies under the Food consortium).

Food Credit Outstanding as on
(₹ in Crore)
Date 24-Apr-20 09-Apr-21 23-Apr-21
Scheduled Commercial Banks 52643.42 49699.22 58334.89
State Co-operative Banks 30407.88 35819.17 35819.17

The expression ‘ Banking System ‘ or ‘ Banks ‘ means the banks and any other financial institution referred to in sub-clauses (i) to (vi) of clause (d) of the explanation below Section 42(1) of the Reserve Bank of India Act, 1934.

No. of Scheduled Commercial Banks as on Current Fortnight:133

Ajit Prasad
Director   

Press Release: 2021-2022/184

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Reserve Bank of India – Tenders

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Reserve Bank of India (RBI), Department of Supervision, Central Office (DoS, CO) invites online tenders for Annual Maintenance Contract (AMC) & Facility Management Services (FMS) for Computer Hardware, Software and Peripherals from the eligible companies/partnership firms, Limited liability Partnership governed by Limited Liability Partnership Act 2008 fulfilling the pre-eligibility criteria for the period of Nine (09) months from July 01, 2021 to March 31, 2022 for the following Central Office Departments:

  1. Department of Supervision, Central Office

  2. Legal Department, Central Office

The tender document is available on RBI website https://www.rbi.org.in/Scripts/BS_ViewTenders.aspx and at https://www.mstcecommerce.com/eprochome/rbi. The vendors intending to bid for the above tender may submit their bids online. Last date and the time for submission of e-tender is May 28, 2021 up to 13:00 Hrs.

Tender invitation notice number and time limit is as follows:

S. No Activity Details/Tentative Dates
1. Name of Work Tender for Annual Maintenance Contract (AMC) & Facility Management Service (FMS) for Computer Hardware, Software and Peripherals
2. Date of Press and Web Advertisements May 07, 2021
3. e-Tender No RBI/Central Office/DBS/4/20-21/ET/748
4. Mode of Tender e-Procurement System
(Online Part I- Technical Bid and Part II- Commercial Bid through https://www.mstcecommerce.com/eprochome/rbi)
5. Date and time from which NIT (Notice Inviting Tender) will be available for parties to download from website (https://www.mstcecommerce.com/eprochome/rbi) May 07, 2021 from 11:00 Hrs. onwards
6. (i) Estimated Cost of Work

(ii) Earnest Money Deposit (EMD)

(iii) Transaction Fee-

Important Note:
Please note that vendors will have the access to online e-tender only after receipt of Transaction fee by NEFT in favor of MSTC Limited, Kolkata.

₹35 Lakh

₹70,000/- (Rupees Seventy thousand only) deposited through NEFT in favour of Reserve Bank of India, A/c No 41869229908, IFS Code: IFSC No. RBIS0COD001 (5th, 9th and 10th letter is ZERO). Kindly mention UTR transaction detail as per the format given in Annexure IV (in the tender document). However, all Micro and Small Enterprises participating in tendering process are exempted from payment of Earnest Money Deposit. The eligible firms claiming exemption under MSEs need to submit certificate of Registration under Ministry of Micro, Small and Medium Enterprises, GOI.

To be paid through MSTC Payment Gateway/NEFT/RTGS in favor of MSTC Limited or as advised by M/s MSTC Ltd.

7. Prebid meeting Due to ongoing Covid-19 situation, it is not possible to conduct Pre-bid meeting. Instead a WebEx meeting would be held on May 14, 2021 at 3:00 pm. Link for the same would be shared via email to the interested parties. Request for receiving the link may be sent by Bidders through email at sahilsharma@rbi.org.in or sushantkhandelwal@rbi.org.in on or before 2.00 p.m. May 14, 2021. All queries will be consolidated and placed on Bank’s website and MSTC Portal by 3.00 p.m. of May 18, 2021.
8. Last date of submission of EMD through NEFT On or before May 28, 2021, 13:00 Hrs.
9. Date of starting of e-tender for submission of online Technical Bid and Commercial Bid at https://www.mstcecommerce.com/eprochome/rbi May 07, 2021 from 11:00 Hrs. onwards
10. Last Date and Time for submission of e-Tender May 28, 2021 13:00 Hrs.
11. Date & time of opening of Part-I (i.e. Technical Bid)

Part-II Price Bid: Date of opening of Part II i.e. commercial bid shall be informed Separately

May 28, 2021 15:00 Hrs.
*The Bank reserves the right to reject all the tenders without assigning any reason thereof.

(T.K. Rajan)
Chief General Manager, DoS CO

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Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details:

Sr. No Treasury Bill Notified Amount
(in ₹ crore)
Auction Date Settlement date
1 91 Days 15,000 May 12, 2021
(Wednesday)
May 14, 2021
(Friday)
2 182 Days 15,000
3 364 Days 6,000
  Total 36,000    

The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018, issued by Government of India, as amended from time to time. State Governments, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount. Individuals can also participate on non-competitive basis as retail investors. For retail investors, the allocation will be restricted to a maximum of 5 percent of the notified amount.

The auction will be Price based using multiple price method. Bids for the auction should be submitted in electronic format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, May 12, 2021, during the below given timings:

Category Timing
Competitive bids 10:30 am – 11:30 am
Non-Competitive bids 10:30 am – 11:00 am

Results will be announced on the day of the auction.

Payment by successful bidders to be made on Friday, May 14, 2021.

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. In case of technical difficulties, Core Banking Operations Team should be contacted (email; Phone no: 022-27595666, 022-27595415, 022-27523516). For other auction related difficulties, IDMD auction team can be contacted (email; Phone no: 022-22702431, 022-22705125).

Ajit Prasad
Director   

Press Release: 2021-2022/183

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1. Reserve Bank of India – Liabilities and Assets*
(₹ Crore)
Item 2020 2021 Variation
May 1 Apr. 23 Apr. 30 Week Year
1 2 3 4 5
4 Loans and Advances          
4.1 Central Government 165833 -165833
4.2 State Governments 3823 2363 4506 2142 682
* Data are provisional.

2. Foreign Exchange Reserves
Item As on April 30, 2021 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 4355951 588020 -25749 3913 136998 11037 743677 106943
1.1 Foreign Currency Assets 4045137 546059 -18090 4413 120969 9366 716417 102744
1.2 Gold 262709 35464 -7113 -505 14986 1583 20349 3186
1.3 SDRs 11168 1508 -120 3 305 22 464 82
1.4 Reserve Position in the IMF 36936 4990 -426 2 738 65 6448 931
*Difference, if any, is due to rounding off

4. Scheduled Commercial Banks – Business in India
(₹ Crore)
Item Outstanding as on Apr. 23, 2021 Variation over
Fortnight Financial year so far Year-on-year
2020-21 2021-22 2020 2021
1 2 3 4 5 6
2 Liabilities to Others            
2.1 Aggregate Deposits 15134326 -77127 155690 20798 1239313 1411144
2.1a Growth (Per cent)   –0.5 1.1 0.1 9.9 10.3
2.1.1 Demand 1727354 -15510 -161558 -133854 103722 271910
2.1.2 Time 13406972 -61617 317248 154652 1135590 1139234
2.2 Borrowings 236480 -6517 -7980 -7545 -68003 -64978
2.3 Other Demand and Time Liabilities 565467 -2011 -82056 -91147 33724 43847
7 Bank Credit 10860425 -28039 -97445 -89087 652470 587009
7.1a Growth (Per cent)   –0.3 –0.9 –0.8 6.8 5.7
7a.1 Food Credit 58335 8636 879 -2919 9482 5691
7a.2 Non-food credit 10802090 -36674 -98324 -86167 642988 581318

6. Money Stock: Components and Sources
(₹ Crore)
Item Outstanding as on Variation over
2021 Fortnight Financial Year so far Year-on-Year
2020-21 2021-22 2020 2021
Mar. 26 Apr. 23 Amount % Amount % Amount % Amount % Amount %
1 2 3 4 5 6 7 8 9 10 11 12
M3 18773048 18840238 -63748 -0.3 234169 1.4 67190 0.4 1655529 10.8 1806105 10.6
1 Components (1.1.+1.2+1.3+1.4)                        
1.1 Currency with the Public 2757754 2803860 15884 0.6 74917 3.2 46106 1.7 332598 15.9 379195 15.6
1.2 Demand Deposits with Banks 1984261 1851002 -15962 -0.9 -155670 -9.0 -133259 –6.7 115583 7.9 268979 17.0
1.3 Time Deposits with Banks 13983686 14139867 -62887 -0.4 313859 2.5 156182 1.1 1195437 10.1 1151992 8.9
1.4 ‘Other’ Deposits with Reserve Bank 47347 45509 -783 -1.7 1063 2.8 -1839 –3.9 11910 43.1 5939 15.0
2 Sources (2.1+2.2+2.3+2.4-2.5)                        
2.1 Net Bank Credit to Government 5692569 5871511 -174281 -2.9 455609 9.2 178942 3.1 913001 20.3 455540 8.4
2.1.1 Reserve Bank 982063 1144052 -101991   222325   161989   371708   -70465  
2.1.2 Other Banks 4710506 4727459 -72289 -1.5 233284 5.9 16953 0.4 541293 14.8 526005 12.5
2.2 Bank Credit to Commercial Sector 11610050 11522232 -29122 -0.3 -115439 -1.0 -87819 –0.8 696394 6.8 599026 5.5
2.2.1 Reserve Bank 8524 8672   -7040   147   -2555   2546  
2.2.2 Other Banks 11601526 11513560 -29122 -0.3 -108399 -1.0 -87966 –0.8 698949 6.8 596480 5.5

8. Liquidity Operations by RBI
(₹ Crore)
Date Liquidity Adjustment Facility MSF* Standing Liquidity Facilities Market Stabi lisation Scheme OMO (Outright) Long Term Repo Ope rations & Targeted Long Term Repo Ope rations# Special Liquidity Facility for Mutual Funds Special Liquidity Scheme for NBFCs/ HFCs** Net Injection (+)/ Absorption (-) (1+3+5+6+ 9+10+11+12+ 13-2-4-7-8)
Repo Reverse Repo* Variable Rate Repo Variable Rate Reverse Repo Sale Purchase
1 2 3 4 5 6 7 8 9 10 11 12 13 14
Apr. 26, 2021 418620 121 80 -418419
Apr. 27, 2021 422887 12 85 -422790
Apr. 28, 2021 419112 154 –3000 150 -421808
Apr. 29, 2021 430126 4 –1500 15240 -416382
Apr. 30, 2021 419013 342 170 -418501
May 1, 2021 36174 639 -35535
May 2, 2021 1061 55 -1006
*Includes additional Reverse Repo and additional MSF operations (for the period December 16, 2019 to February 13, 2020)
#Includes Targeted Long Term Repo Operations (TLTRO), Targeted Long Term Repo Operations 2.0 (TLTRO 2.0) and On Tap Targeted Long Term Repo Operations. Negative (-) sign indicates repayments done by Banks.
**As per RBI Notification No. 2020-21/01 dated July 01, 2020. Negative (-) sign indicates maturity proceeds received for RBI’s investment in the Special Liquidity Scheme.
& Negative (-) sign indicates repayments done by Banks.

The above information can be accessed on Internet at https://wss.rbi.org.in/

The concepts and methodologies for WSS are available in Handbook on WSS (https://rbi.org.in/scripts/PublicationsView.aspx?id=15762).

Time series data are available at https://dbie.rbi.org.in

Ajit Prasad
Director   

Press Release: 2021-2022/182

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Small finance banks (SFBs) have been playing a prominent role by acting as a conduit for last mile supply of credit to individuals and small businesses. As announced on May 05, 2021, in the Statement by Shri Shaktikanta Das, Governor, Reserve Bank of India (RBI), with a view to provide further support to small business units, micro and small industries, and other unorganised sector entities adversely affected during the current wave of the pandemic, it has been decided to conduct special three-year long-term repo operations (SLTRO) of ₹10,000 crore at repo rate for the SFBs, to be deployed for fresh lending of up to ₹10 lakh per borrower. This facility will be available till October 31, 2021.

2. Accordingly, the Reserve Bank will conduct one auction for SLTRO each month. The first auction will be conducted on May 17, 2021 for ₹10,000 crore. The unutilised portion of notified ₹10,000 crore will be carried forward in each subsequent auction until fully utilised or till the last auction, whichever is earlier.

3. The details of auctions under the scheme are as below:

Sl. No. Date Notified Amount
(₹ crore)
Tenor Window Timing Date of Reversal
1 May 17, 2021 10,000 3-year 11:00 am to 11:30 am May 16, 2024
2 June 15, 2021 Unutilised portion out of ₹10,000 crore from previous auction (s) 3-year 11:00 am to 11:30 am June 14, 2024
3 July 15, 2021 3-year 11:00 am to 11:30 am July 12, 2024
4 August 17, 2021 3-year 11:00 am to 11:30 am August 16, 2024
5 September 15, 2021 3-year 11:00 am to 11:30 am September 13, 2024
6 October 14, 2021 3-year 11:00 am to 11:30 am October 11, 2024

4. Other operational guidelines/details of the scheme are given in Annex-1.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/181


Annex-1

The operational guidelines/ details of the SLTRO scheme are as under:

a) All Small Finance Banks (SFBs) eligible under the Liquidity Adjustment Facility (LAF) can participate in the Scheme. There is no tenor restriction regarding lending by SFBs under the scheme. However, the SFBs will have to ensure that the amount borrowed from the RBI should at all times be backed by lending to the specified segments till maturity of the SLTRO. Furthermore, SFBs should endeavour to lend within a reasonable period, i.e., not later than 30 days from the date of availing the funds from RBI.

b) SLTROs will be conducted on CBS (E-KUBER) platform. The operations would be conducted at a fixed rate. Banks would be required to place their requests for the amount sought under SLTRO during the window timing at the prevailing policy repo rate. Bids below or above policy rate will be rejected.

c) The Reserve Bank reserves the right to decide the quantum of allotment and/or accept/reject any or all the requests, either wholly/partially, without assigning any reason thereof.

d) In case of over-subscription of the notified amount, the allotment will be done on pro-rata basis. RBI will, however, reserve the right to inject marginally higher amount than the notified amount due to rounding effects.

e) The minimum bid amount would be Rupees one crore and multiples thereof. The allotment would be in multiples of Rupees one crore.

f) The reversal of these operations would take place at the ‘start of day’ on the day of maturity.

g) The eligible collateral for SLTROs and the applicable haircuts will remain the same as applicable for LAF.

h) All other terms and conditions as applicable to LAF operations, including facility for security substitution, will also be made applicable to the SLTROs, mutatis mutandis.

i) The amount utilised under the Scheme will be informed to market participants in the Money Market Operations (MMO) press release.

j) All queries/clarifications regarding operational aspects of the facility may be directed to the Financial Markets Operations Department through e-mail  and/or telephone (022-22630982). All technical issues may be directed to the e-Kuber Helpdesk through email with a copy to laffmd@rbi.org.in and/or telephone (022-27595662/67/022-27595591 /92/93/94).

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