Reserve Bank of India – Press Releases

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The results of the auctions of 4.48% Government Stock, 2023 (Re-Issue), GOI FRB, 2033 (Re-Issue), 6.22% Government Stock, 2035 (Re-Issue) and 6.67% Government Stock, 2050 (Re-Issue) held on February 26, 2021 are:

Auction Results 4.48% Government Stock 2023 GOI FRB 2033* 6.22% Government Stock 2035 6.67% Government Stock 2050**
I. Notified Amount ₹ 4000 Crore ₹ 4000 Crore ₹ 11000 Crore ₹ 5000 Crore
II. Underwriting Notified Amount ₹ 4000 Crore ₹ 4000 Crore ₹ 11000 Crore NIL
III. Competitive Bids Received        
(i) Number 107 70 136 40
(ii) Amount ₹ 10187 Crore ₹ 12459 Crore ₹ 20652.402 Crore ₹ 4930 Crore
IV. Cut-off price / Yield 99.19 100.65 94.60 98.34
(YTM: 4.8045%) (YTM: 4.6705%) (YTM: 6.8229%) (YTM: 6.7996%)
V. Competitive Bids Accepted        
(i) Number 29 27 77 1
(ii) Amount ₹ 1345 Crore ₹ 5450 Crore ₹ 8862.402 Crore ₹ 2500 Crore
VI. Partial Allotment Percentage of Competitive Bids 0.00% 0.00% 0.00% 0.00%
(0 Bids) (0 Bids) (0 Bids) (0 Bids)
VII. Weighted Average Price/Yield ₹ 99.22 ₹ 100.77 ₹ 94.60 ₹ 98.34
(WAY: 4.7924%) (WAY: 4.6578%) (WAY: 6.8229%) (WAY: 6.7996%)
VIII. Non-Competitive Bids Received        
(i) Number 2 2 5 3
(ii) Amount ₹ 0.06 Crore ₹ 0.053 Crore ₹ 5.991 Crore ₹ 3.522 Crore
IX. Non-Competitive Bids Accepted        
(i) Number 2 2 5 3
(ii) Amount ₹ 0.06 Crore ₹ 0.053 Crore ₹ 5.991 Crore ₹ 3.522 Crore
(iii) Partial Allotment Percentage 100% (0 Bids) 100% (0 Bids) 100% (0 Bids) 100% (0 Bids)
X. Amount of Underwriting accepted from primary dealers ₹ 4000 Crore ₹ 4000 Crore ₹ 11000 Crore NIL
XI. Devolvement on Primary Dealers ₹ 2654.94 Crore 0 ₹ 2131.607 Crore
*Greenshoe amount of ₹1,450.053 crore has been accepted
**Partial amount of ₹2503.522 crore has been accepted

Ajit Prasad
Director   

Press Release: 2020-2021/1169

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Reserve Bank of India – 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 January 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 credit growth stood at 5.7 per cent in January 2021 as compared to 8.5 per cent in January 2020.

  • Continuing its uptrend, credit growth to agriculture and allied activities accelerated to 9.9 per cent in January 2021 from 6.5 per cent in January 2020.

  • Credit to industry contracted by 1.3 per cent in January 2021 as compared to 2.5 per cent growth in January 2020 mainly due to contraction in credit to large industries by 2.5 per cent (2.8 per cent growth in January 2020). Credit to medium industries registered a robust growth of 19.1 per cent in January 2021 as compared to 2.8 per cent a year ago and credit to micro & small industries registered a growth of 0.9 per cent in January 2021 as compared to 0.5 per cent a year ago.

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

  • Credit growth to the services sector decelerated moderately to 8.4 per cent in January 2021 from 8.9 per cent in January 2020. However, credit to ‘transport operators’ and ‘trade’ continued to perform well during the month, registering accelerated growth.

  • Personal loans growth decelerated of 9.1 per cent in January 2021 from 16.9 per cent in January 2020.

Ajit Prasad
Director   

Press Release: 2020-2021/1168


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Reserve Bank of India – Tenders

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The Reserve Bank of India, Patna invites Tender for Sale of Briquettes of Shredded Currency Notes. The vendors intending to bid for the above tender may submit their bids to Issue Department, Reserve Bank of India, South Gandhi Maidan, Patna. The last date and time for submission of the Tender is March 19, 2021 up to 14:00 Hrs.

The details of Notice Inviting Tender (NIT) are as follows:

a. Mode of Tender Open Tender (Part I – Technical Bid and Part II – Financial Bid)
b. Estimated Value of the Work Four lakhs (approx.)
c. Date of NIT on Bank’s Website available to parties for download February 26, 2020 (Friday) at 02:00 PM
d. Earnest Money Deposit ₹20,000/- (Rupees Twenty thousand only) through NEFT

NEFT details is mentioned below:
(i) A/C No- 186003001
(ii) IFSC- RBIS0PTPA01 (5TH AND 10TH character is Zero)
Branch Name – Patna, Branch Address – South Gandhi Maidan, Patna (Bihar) 800001

e. Date of Starting of Sale of Tender February 26, 2021 (Friday) at 02:00 PM to March 18, 2021 (Thursday) till 05:00 PM
f. Last date of submission of EMD March 19, 2021 (Friday) till 02:00 PM
g. Last date of submission of Technical Bid March 19, 2021 (Friday) at 02:00 PM
h. Time of opening of Technical Bid March 19, 2021 (Friday) at 03:00 PM
i. Time of opening of Financial Bid To be conveyed later to eligible tenderer.

Note: Any amendment / corrigendum to this application notice, if any, issued in future will be notified only on the RBI Website and the same will not be published in newspapers.

General Manager-in-Charge

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Reserve Bank of India – Press Releases

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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 4,000 March 03, 2021
(Wednesday)
March 04, 2021
(Thursday)
2 182 Days 7,000
3 364 Days 8,000
  Total 19,000    

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, March 03, 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 Thursday, March 04, 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: 2020-2021/1167

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Reserve Bank of India – Press Releases

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1. Reserve Bank of India – Liabilities and Assets*
(₹ Crore)
Item 2020 2021 Variation
Feb. 21 Feb. 12 Feb. 19 Week Year
1 2 3 4 5
4 Loans and Advances          
4.1 Central Government
4.2 State Governments 1227 10918 6441 -4477 5214
* Data are provisional.

2. Foreign Exchange Reserves
Item As on February 19, 2021 Variation over
Week End–March 2020 Year
₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn.
1 2 3 4 5 6 7 8
1 Total Reserves 4242355 583865 -4635 169 640200 106058 832117 107744
1.1 Foreign Currency Assets 3938898 542106 2942 1155 605083 99893 776925 100647
1.2 Gold 256120 35250 -7464 -977 25593 4671 43665 5588
1.3 SDRs 10958 1508 -47 -4 158 76 742 82
1.4 Reserve Position in the IMF 36378 5002 -66 -4 9365 1418 10785 1427
* Difference, if any, is due to rounding off

4. Scheduled Commercial Banks – Business in India
(₹ Crore)
Item Outstanding as on Feb. 12, 2021 Variation over
Fortnight Financial year so far Year-on-year
2019-20 2020-21 2020 2021
1 2 3 4 5 6
2 Liabilities to Others            
2.1 Aggregate Deposits 14781074 -16691 652523 1213582 1106829 1554779
2.1a Growth (Per cent)   –0.1 5.2 8.9 9.1 11.8
2.1.1 Demand 1630988 -60554 -148242 13985 75329 267943
2.1.2 Time 13150086 43863 800766 1199597 1031500 1286836
2.2 Borrowings 243484 420 -68750 -65955 -51649 -66020
2.3 Other Demand and Time Liabilities 608037 -6678 11753 4361 38703 52638
7 Bank Credit 10703593 -1044 270860 332732 602217 661010
7.1a Growth (Per cent)   –0.0 2.8 3.2 6.4 6.6
7a.1 Food Credit 75287 -11822 31714 23523 11584 1963
7a.2 Non-food credit 10628306 10778 239146 309209 590633 659047

6. Money Stock: Components and Sources
(₹ Crore)
Item Outstanding as on Variation over
2020 2021 Fortnight Financial Year so far Year-on-Year
2019-20 2020-21 2020 2021
Mar. 31 Feb. 12 Amount % Amount % Amount % Amount % Amount %
1 2 3 4 5 6 7 8 9 10 11 12
M3 16799963 18419702 18164 0.1 928297 6.0 1619738 9.6 1420546 9.5 2059338 12.6
1 Components (1.1.+1.2+1.3+1.4)                        
1.1 Currency with the Public 2349748 2745374 38289 1.4 205646 10.0 395625 16.8 228405 11.3 487518 21.6
1.2 Demand Deposits with Banks 1737692 1753075 -61177 -3.4 -145299 -8.9 15383 0.9 79949 5.7 271861 18.4
1.3 Time Deposits with Banks 12674016 13877970 40991 0.3 866264 7.4 1203954 9.5 1104967 9.6 1290102 10.2
1.4 ‘Other’ Deposits with Reserve Bank 38507 43284 61 0.1 1685 5.3 4776 12.4 7225 27.6 9857 29.5
2 Sources (2.1+2.2+2.3+2.4-2.5)                        
2.1 Net Bank Credit to Government 4960362 5852196 116714 2.0 615561 14.0 891834 18.0 570641 12.9 848145 16.9
2.1.1 Reserve Bank 992192 1139638 81590   195596   147446   124500   142091  
2.1.2 Other Banks 3968170 4712558 35123 0.8 419965 11.7 744388 18.8 446141 12.5 706054 17.6
2.2 Bank Credit to Commercial Sector 11038644 11361449 -926 0.0 312296 3.0 322804 2.9 656263 6.5 666434 6.2
2.2.1 Reserve Bank 13166 8416 -185   -11253   -4750   -3958   4306  
2.2.2 Other Banks 11025478 11353033 -741 0.0 323549 3.1 327555 3.0 660221 6.6 662128 6.2

8. Liquidity Operations by RBI
(₹ Crore)
Date Liquidity Adjustment Facility MSF* Standing Liquidity Facilities Market Stabili sation Scheme OMO (Outright) Long Term Repo Opera tions
&
Targeted Long Term Repo Operati ons# 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 Rev erse Repo Sale Purcha se
1 2 3 4 5 6 7 8 9 10 11 12 13 14
Feb. 15, 2021 523880 2 -523878
Feb. 16, 2021 531641 0 -531641
Feb. 17, 2021 534189 6 190 -533993
Feb. 18, 2021 460669 21 2632 325 -457691
Feb. 19, 2021 8899 5892 -3007
Feb. 20, 2021 45071 1775 -43296
Feb. 21, 2021 1193 122 -1071
*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) and Targeted Long Term Repo Operations 2.0 (TLTRO 2.0). 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: 2020-2021/1166

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Reserve Bank of India – Tenders

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Corrigendum

The Pre-Bid meeting for the captioned work was conducted as per schedule on February 24, 2021- at 3.00 PM at Conference Room – III, 3rd floor, Reserve Bank of India, Chennai. The following staff members of RBI and firms/prospective tenderers were present during the pre-bid meeting:

Sl. No. Name and Designation of the RBI Official
1 Smt. Jaya Bharathi Kannan, Deputy General Manager (HRMD)
2 Shri P Vinay Rajiv, Manager (HRMD)
3 Shri Abraham K, Asst. Manager (HRMD)
4 Shri Aravind A P, Asst. Manager (HRMD)
5 Shri Bhaskar S, Assistant (HRMD)

Sl No. Name of the Firm/Prospective tenderers Name of the Representative (Shri/Smt)
1 First Cars Shri Balaji
2 Angel Travels Shri. Ruben
3 SR Cabs Shri. Thirumal

The following queries were raised in the pre-bid meeting:

Sl. No. Queries / Clarifications / Proposals Clarification furnished by RBI
1.  It was mentioned in para 6.3 of the tender document that minimum 200 Km shall be charged per calendar day for outstation trips. The car agencies requested that the minimum charges for outstation trips may be 250 km as per the existing practice across industry. Para 6.3 of the Tender is modified as “Local (Chennai City) run charges shall be charged up to 250 Kms. Beyond 250 Kms, outstation charges shall become applicable.”
2.  More clarity in parking fees/toll fees in airport drops/pick up needed. The following are advised:

1. Toll and parking charges would be paid for outstation trips based on production of original receipts.

2. In case of airport drop – No parking charges would be paid.

3. In case of airport pick up – parking charges would be paid for period starting maximum one hour before the scheduled flight arrival time, up to the time of leaving the airport after the pickup of the guest, based on production of original receipts/bills.

2. The same has been uploaded on MSTC e-commerce web portal.

3. Above amendments/clarifications are issued for the information for all intending bidders. Minutes of pre-bid meeting shall form the part of bid document/Agreement. Rest of the terms and conditions and specifications of the bid document shall continue to remain same. Hence, it shall be signed and submitted along with the tender by the tenderers. Submission of Bids shall be construed to be in conformity to the bid document and amendments/clarifications. The tenderers are advised to see corrigendum for necessary changes/modifications in the tender document.

Chief General Manager (O-in-C)
RBI, Chennai

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Minutes of Pre-Bid Meeting

Please refer to the captioned tender issued through MSTC e-commerce portal on February 17, 2021 (HRMD. No. RBI/Chennai/HRMD/54/20-21/ET/560) and notification published on the Bank’s website (https://www.rbi.org.in) on February 17, 2021 inviting applications from Empanelment of Car Hiring Agencies/Companies for RBI, Chennai. In this connection, the Pre-Bid meeting was held on February 24, 2021 at 3.00 PM at Conference Room – 03, 3rd floor, Reserve Bank of India, Chennai.

Sl. No. Existing Clause Amended Clause
1. Section IV: Evaluation/Selection Criteria
A. Technical Bid Evaluation
Point 1.2

“The information so given will be evaluated as per the following marks criteria
(Maximum Marks-100)”

Section IV: Evaluation/Selection Criteria
A. Technical Bid Evaluation
Point 1.2

The information so given will be evaluated as per the following marks criteria
(Maximum Marks-150)

2. Section IV: Evaluation/Selection Criteria
A. Technical Bid Evaluation

“Experience in the field of providing vehicles on hire –

More than 5 years and up to 10 years – 10 marks

Section IV: Evaluation/Selection Criteria
A. Technical Bid Evaluation

“Experience in the field of providing vehicles on hire

More than 5 years and up to 10 years – 15 marks

2. The same has been uploaded on MSTC e-commerce web portal.

3. Above amendments/clarifications are issued for the information for all intending bidders. The Corrigendum shall form the part of bid document/Agreement. Rest of the terms and conditions and specifications of the bid document shall continue to remain same. Hence, it shall be signed and submitted along with the tender by the tenderers. Submission of Bids shall be construed to be in conformity to the bid document and amendments/clarifications.

Chief General Manager (O-in-C)
RBI, Chennai

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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 – Tenders

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SCHEDULE OF TENDER (SOT)

Title of Tender : – Bid for Appointment of Realty Consultant Agency for handling the work related to purchase of Commercial Office Premises for RBI’s operations in Mumbai.
Mode of Tender:- Physical tendering (Part I – Technical Bid and Part II – Price Bid)
Tender available on Bank’s website to download 26 February 2021
Pre-Bid queries Bidder has to submit their queries regarding tender over mail by 3 March 2021.
anilkumar9@rbi.org.in
Earnest Money Deposit –

EMD amount should be submitted before close date and time of tender. If it is in the form of DD or Bank Guarantee then original copy of DD / Pay order or Bank Guarantee should be submitted in sealed form at RBI Central Office, Premises Dept. Fort Mumbai before due date of tender.

Rs. 10,000/-

EMD amount either can pay through Demand Drafts or Bank Guarantee (BG) payable at Reserve Bank of India Mumbai or Through NEFT
A/c. No – 41869163273
IFSC Code – RBIS0COD001
A/c. Name – Reserve Bank of India

Last date and time for submission of EMD through NEFT/ECS/RTGS 3 pm on 15 March 2021
Last date for submission of Technical Bid & Price Bid 3 pm on 15 March 2021
Date & time of opening of Part –I (Technical bid)

(Date of opening of Part –II (Price bid) shall be informed separately)

5 pm on 15 March 2021

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Reserve Bank of India – Press Releases

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The Reserve Bank of India has been regularly conducting Inflation Expectations Survey of Households (IESH). The March 2021 round of the survey is now being launched. The survey aims at capturing subjective assessments on price movements and inflation, of approximately 6,000 households, based on their individual consumption baskets, across 18 cities, viz., Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi and Thiruvananthapuram. The survey seeks qualitative responses from households on price changes (general prices as well as prices of specific product groups) in the three months ahead as well as in the one year ahead period and quantitative responses on current, three months ahead and one year ahead inflation rates. The results of this survey provide useful inputs for monetary policy.

The agency, M/s Hansa Research Group Pvt. Ltd., Mumbai has been engaged to conduct the survey of this round on behalf of the Reserve Bank of India through face-to-face interviews. For this purpose, the selected households will be approached by the agency and they are requested to provide their response. Other individuals, who are not approached by the agency can also participate in this survey by providing their responses using the linked survey schedule. The filled in survey schedule may be e-mailed as per contact details given below. In case of any query/clarification, kindly contact at the following address:

The Director,
Division of Household Surveys,
Department of Statistics and Information Management,
Reserve Bank of India,
C-8, 2nd Floor,
Bandra-Kurla Complex, Bandra (East),
Mumbai-400051;
Phone: 022-2657 8398, 022-2657 8332;
Please click here to send email.

Ajit Prasad
Director   

Press Release: 2020-2021/1164

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