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Consequent on appointment of Shri T. Rabi Sankar as Deputy Governor, the following will be the portfolios of the Deputy Governors with effect from May 3, 2021:
(Yogesh Dayal) Press Release: 2021-2022/153 |
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Premises Department, COBM Cell, Reserve Bank of India (RBI), Central office, Mumbai invites quotations for Design, Supply, Installation, Testing, Commissioning and Maintenance of UV Baggage Disinfection Tunnel / Conveyer System for Bank’s central office building in Mumbai. The quotation shall be submitted in the following manner:
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Shri Shaktikanta Das, Governor, Reserve Bank of India (RBI) held a meeting with the MD/CEOs of select NBFC-MFIs on May 3, 2021 through video conference. The meeting was attended by Deputy Governors Shri M. K. Jain, Dr. M.D. Patra and a few other senior officials of RBI. In his opening remarks, the Governor recognised the important role of NBFC-MFIs in making credit accessible at grassroots level. He also emphasised the supervisory expectations in terms of maintaining their business resilience and managing risks prudently. He advised the NBFC-MFIs to pay focussed attention on strict adherence to fair practices code, improve customer grievance redress mechanism and strengthen their IT systems in the interest of the institutions and their customers. Among other matters, the following issues were discussed in the meeting.
(Yogesh Dayal) Press Release: 2021-2022/151 |
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E-Tender No. RBI/BANGALORE/ESTATE/377/20-21/ET/579 Please refer to the tender notice for the captioned tender published on the Bank’s website www.rbi.org.in on February 18, 2021 inviting applications for tender for Empanelment of the vendors for a period of three years for Annual Maintenance Contract (AMC)/Facility Management Service (FMS) for Computers Hardware, Software and Peripherals at Reserve Bank of India and award of Annual Maintenance Contract (AMC) / Facility Management Service (FMS) at Reserve Bank of India, Bengaluru. In this regard, it has been decided to cancel the tender process and float a new tender. Timelines for the new tender would be floated on RBI website (https://www.rbi.org.in/Scripts/BS_ViewTenders.aspx) and MSTC website (https://www.mstcecommerce.com/eprochome/rbi) in due course of time. Firms who had deposited EMD with RBI, Bengaluru, for the captioned tender will be refunded shortly. Regional Director |
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In pursuance with the Government of India notification dated May 03, 2021, Shri T. Rabi Sankar took over as the Deputy Governor of Reserve Bank of India today for a period of three years or until further orders, whichever is earlier. Shri T. Rabi Sankar was Executive Director of the Reserve Bank before being elevated to the post of Deputy Governor. Shri T. Rabi Sankar, a career central banker joined the Bank in 1990 and has worked in various positions in Reserve Bank of India. As Executive Director, he was looking after the Department of Payment and Settlement Systems, the Department of Information Technology, Fintech and the Risk Monitoring Department in RBI. His areas of expertise include exchange rate management, reserves portfolio management, public debt management, monetary operations and development, regulation and surveillance of financial markets, payment systems and IT infrastructure. Shri T. Rabi Sankar has served as an IMF Consultant (2005-11) on developing Government bond markets and debt management. He represented RBI on international forums like Bank for International Settlements and various internal and external expert committees and working groups. In addition to his professional career at RBI, he is Chairman, Indian Financial Technology and Allied Services (IFTAS), member of Board of Directors, ReBIT and member of Governing Council IDRBT. Shri T. Rabi Sankar has a Master of Philosophy in Economics from the Jawaharlal Nehru University, New Delhi. (Yogesh Dayal) Press Release: 2021-2022/150 |
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The Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details:
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 05, 2021, during the below given timings:
Results will be announced on the day of the auction. Payment by successful bidders to be made on Thursday, May 06, 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). Rupambara Press Release: 2021-2022/147 |
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