Reserve Bank of India – Tenders

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e-Tender No.: RBI/Bhubneswar/HRMD/6/21-22/ET/87

Attention is invited to the captioned e-tender No. RBI/Bhubneswar/HRMD/6/21-22/ET/87. This e-tender was floated on August 12, 2021 under the “Tenders” link of RBI website (www.rbi.org.in) and MSTC portal (www.mstcecommerce.com).

2. The captioned tender stands cancelled. A fresh tender will be uploaded on RBI website as well as MSTC Portal shortly. Firms who had deposited EMD with RBI, Bhubaneswar for the captioned tender shall get their EMD refunded shortly.

Regional Director
Reserve Bank of India, Bhubaneswar

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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
Sep. 25 Sep. 17 Sep. 24 Week Year
1 2 3 4 5
4 Loans and Advances          
4.1 Central Government
4.2 State Governments 10516 13300 7976 -5324 -2540
* Data are provisional.

2. Foreign Exchange Reserves
Item As on September 24, 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 4709016 638646 7749 -997 490063 61662 719447 96625
1.1 Foreign Currency Assets 4252509 576731 4401 -1255 328341 40038 572719 76790
1.2 Gold 275988 37430 3288 327 28265 3550 11016 1430
1.3 SDRs 142889 19379 50 -55 132025 17893 132053 17907
1.4 Reserve Position in the IMF 37630 5106 9 -13 1432 182 3658 499
*Difference, if any, is due to rounding off

4. Scheduled Commercial Banks – Business in India
(₹ Crore)
Item Outstanding as on Sep. 10, 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 15574660 57609 679793 461147 1524428 1327374
2.1a Growth (Per cent)   0.4 5.0 3.1 12.0 9.3
2.1.1 Demand 1753571 -37425 -104106 -107621 200688 240674
2.1.2 Time 13821088 95034 783899 568769 1323741 1086700
2.2 Borrowings 243400 5319 -50882 -625 -75652 -15157
2.3 Other Demand and Time Liabilities 616597 60398 -55224 -40010 -76697 68146
7 Bank Credit 10912042 14441 -143931 -37467 513272 685112
7.1a Growth (Per cent)   0.1 –1.4 –0.3 5.3 6.7
7a.1 Food Credit 69738 938 12090 8484 -882 5884
7a.2 Non-food credit 10842304 13503 -156021 -45951 514154 679228

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. 31 Sep. 10 Amount % Amount % Amount % Amount % Amount %
1 2 3 4 5 6 7 8 9 10 11 12
M3 18844578 19399596 71088 0.4 938401 5.6 555019 2.9 2089959 13.4 1661232 9.4
1 Components (1.1.+1.2+1.3+1.4)                        
1.1 Currency with the Public 2751828 2843296 12376 0.4 250494 10.7 91468 3.3 492082 23.3 243054 9.3
1.2 Demand Deposits with Banks 1995120 1888130 -37949 -2.0 -103074 -5.9 -106990 –5.4 206233 14.4 253512 15.5
1.3 Time Deposits with Banks 14050278 14621448 96095 0.7 787425 6.2 571170 4.1 1380144 11.4 1160008 8.6
1.4 ‘Other’ Deposits with Reserve Bank 47351 46722 566 1.2 3556 9.2 -629 –1.3 11500 37.6 4659 11.1
2 Sources (2.1+2.2+2.3+2.4-2.5)                        
2.1 Net Bank Credit to Government 5850374 6246310 169968 2.8 657473 13.3 395936 6.8 848473 17.8 628475 11.2
2.1.1 Reserve Bank 1099686 1251825 60593   -15193   152139   15835   274826  
2.1.2 Other Banks 4750689 4994485 109375 2.2 672666 17.0 243797 5.1 832638 21.9 353649 7.6
2.2 Bank Credit to Commercial Sector 11668466 11621791 13310 0.1 -149126 -1.4 -46675 –0.4 563532 5.5 732273 6.7
2.2.1 Reserve Bank 8709 7000 -1616   678   -1709   6207   -6844  
2.2.2 Other Banks 11659757 11614790 14926 0.1 -149804 -1.4 -44967 –0.4 557325 5.4 739116 6.8

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 Long- Term Repo Operations for Small Finance Banks Special Reverse Repo£ Net Injection (+)/ Absorption (-) (1+3+5 +6+9+10 +11+12- 2-4-7 -8-13)
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
Sep. 20, 2021 323779 77 -323702
Sep. 21, 2021 277396 150007 0 -427403
Sep. 22, 2021 286041 70 –1300 -287271
Sep. 23, 2021 342644 103 -342541
Sep. 24, 2021 338748 394516 152 15000 15001 9711 -742822
Sep. 25, 2021 12350 348 -12002
Sep. 26, 2021 3470 428 -3042
* 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) and On Tap Targeted Long Term Repo Operations. Negative (-) sign indicates repayments done by Banks.
& Negative (-) sign indicates repayments done by Banks.
£ As per Press Release No. 2021-2022/177 dated May 07, 2021. From June 18, 2021, the data also includes the amount absorbed as per the Press Release No. 2021-2022/323 dated June 04, 2021.

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: 2021-2022/974

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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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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 10,000 October 06, 2021
(Wednesday)
October 07, 2021
(Thursday)
2 182 Days 3,000
3 364 Days 7,000
  Total 20,000    

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, October 06, 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, October 07, 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: 2021-2022/975

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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 auction, for an aggregate amount of ₹22,754 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 13 Yield
1000 18 Yield
2 Assam 600 10 Yield
3 Bihar 2000 9 Yield
4 Chhattisgarh 1000 7 Yield
5 Goa 100 10 Yield
6 Gujarat 1000 500 10 Yield
7 Jharkhand 1000 12 Yield
8 Karnataka 1000 10 Yield
1000 11 Yield
9 Kerala 2000 15 Yield
10 Meghalaya 100 Re-issue of 6.82% Meghalaya SDL 2031 Issued on April 16, 2021 Price
100 Re-issue of 7.02% Meghalaya SDL 2041 Issued on September 08, 2021 Price
11 Mizoram 104 13 Yield
12 Punjab 750 Re-issue of 6.84 % Punjab SDL 2031 Issued on September 29, 2021 Price
500 Re-issue of 6.98 % Punjab SDL 2033 Issued on September 29, 2021 Price
13 Rajasthan 1000 5 Yield
1000 10 Yield
14 Tamil Nadu 1000 10 Yield
15 Telangana 1500 19 Yield
16 Uttar Pradesh 2500 10 Yield
17 West Bengal 2500 15 Yield
  TOTAL 22754      

The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on October 05, 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 October 05, 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 October 05, 2021 (Tuesday) and payment by successful bidders will be made during banking hours on October 06, 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 April 06 and October 06 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: 2021-2022/973

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Reserve Bank of India – Press Releases

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Auction Results New GOI FRB 2028 6.10% GS 2031 6.76% GS 2061
I. Notified Amount ₹4000 Crore ₹13000 Crore ₹7000 Crore
II. Underwriting Notified Amount ₹4000 Crore ₹13000 Crore ₹7000 Crore
III. Competitive Bids Received      
(i) Number 115 208 126
(ii) Amount ₹21293 Crore ₹33548.812 Crore ₹18118 Crore
IV. Cut-off price / Yield   99.03 96.93
4.0400% (YTM: 6.2324%) (YTM: 6.9892%)
V. Competitive Bids Accepted      
(i) Number 25 59 37
(ii) Amount ₹3999.950 Crore ₹12995.323 Crore ₹6985.484 Crore
VI. Partial Allotment Percentage of Competitive Bids 53.79% 94.21% 99.40%
(3 Bids) (10 Bids) (6 Bids)
VII. Weighted Average Price/Yield 100 99.03 97.04
(WAY: 4.0400%) (WAY: 6.2324%) (WAY: 6.9807%)
VIII. Non-Competitive Bids Received      
(i) Number 2 4 5
(ii) Amount ₹0.050 Crore ₹4.677 Crore ₹14.516 Crore
IX. Non-Competitive Bids Accepted      
(i) Number 2 4 5
(ii) Amount ₹0.050 Crore ₹4.677 Crore ₹14.516 Crore
(iii) Partial Allotment Percentage 100% (0 Bids) 100% (0 Bids) 100% (0 Bids)
X. Amount of Underwriting accepted from primary dealers ₹4000 Crore ₹13000 Crore ₹7000 Crore
XI. Devolvement on Primary Dealers 0 0 0

Ajit Prasad
Director   

Press Release: 2021-2022/972

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Reserve Bank of India – Press Releases

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    NEW GOI FRB 2028 6.10% GS 2031 6.76% GS 2061
I. Notified Amount ₹4,000 cr ₹13,000 cr ₹7,000 cr
II. Cut off Price / Implicit Yield at cut-off 4.0400% 99.03/6.2324% 96.93/6.9892%
III. Amount accepted in the auction ₹4,000 cr ₹13,000 cr ₹7,000 cr
IV. Devolvement on Primary Dealers Nil Nil Nil

Ajit Prasad
Director   

Press Release: 2021-2022/971

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Reserve Bank of India – Press Releases

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In the underwriting auctions conducted on October 01, 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)
New GOI FRB 2028 4,000 2,016 1,984 4,000 0.20
6.10% GS 2031 13,000 6,510 6,490 13,000 1.44
6.76% GS 2061 7,000 3,507 3,493 7,000 1.35
Auction for the sale of securities will be held on October 01, 2021.

Ajit Prasad
Director   

Press Release: 2021-2022/970

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Corrigendum – Supply, Installation, Testing and Commissioning (SITC) of 120 Nos. Sealed Maintenance Free (SMF), Valve regulated Lead Acid batteries (12 V, 150 AH) having Fire retardant casing at Bank’s Office Building at Bandra Kurla Complex in Mumbai

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Event No. RBI/Mumbai/Estate/78/21-22/ET/107

The pre-bid meeting of the captioned e-tender was scheduled to be held on October 01, 2021 at 3:00 PM.

2. However due to administrative reasons, the pre-bid meeting of the captioned tender has been postponed. Further, date of the pre-bid meeting will be intimated in due course.

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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) 4,55,112.80 3.31 0.01-3.60
     I. Call Money 10,424.61 3.37 1.95-3.55
     II. Triparty Repo 3,58,355.40 3.31 3.00-3.45
     III. Market Repo 86,332.79 3.31 0.01-3.60
     IV. Repo in Corporate Bond 0.00  
B. Term Segment      
     I. Notice Money** 340.37 3.15 2.75-3.25
     II. Term Money@@ 61.00 3.10-3.40
     III. Triparty Repo 55.00 3.20 3.20-3.20
     IV. Market Repo 170.00 3.15 3.15-3.15
     V. Repo in Corporate Bond 100.00 5.45 5.35-5.50
  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 Thu, 30/09/2021 1 Fri, 01/10/2021 3,63,114.00 3.35
    (iii) Special Reverse Repo~          
    (iv) Special Reverse Repoψ          
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo          
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo          
3. MSF Thu, 30/09/2021 1 Fri, 01/10/2021 217.00 4.25
4. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£          
5. Net liquidity injected from today’s operations
[injection (+)/absorption (-)]*
      -3,62,897.00  
II. Outstanding Operations
1. Fixed Rate          
    (i) Repo          
    (ii) Reverse Repo          
    (iii) Special Reverse Repo~ Fri, 24/09/2021 14 Fri, 08/10/2021 6,999.00 3.75
    (iv) Special Reverse Repoψ Fri, 24/09/2021 14 Fri, 08/10/2021 2,712.00 3.75
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo Fri, 24/09/2021 14 Fri, 08/10/2021 3,44,515.00 3.60
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo Tue, 28/09/2021 7 Tue, 05/10/2021 1,97,123.00 3.99
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
  Mon, 14/06/2021 1096 Fri, 14/06/2024 320.00 4.00
  Mon, 30/08/2021 1095 Thu, 29/08/2024 50.00 4.00
  Mon, 13/09/2021 1095 Thu, 12/09/2024 200.00 4.00
  Mon, 27/09/2021 1095 Thu, 26/09/2024 600.00 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
Tue, 15/06/2021 1095 Fri, 14/06/2024 490.00 4.00
Thu, 15/07/2021 1093 Fri, 12/07/2024 750.00 4.00
Tue, 17/08/2021 1095 Fri, 16/08/2024 250.00 4.00
Wed, 15/09/2021 1094 Fri, 13/09/2024 150.00 4.00
D. Standing Liquidity Facility (SLF) Availed from RBI$       25,895.80  
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -4,40,161.20  
F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -8,03,058.20  
G. Cash Reserves Position of Scheduled Commercial Banks
     (i) Cash balances with RBI as on 30/09/2021 6,39,021.38  
     (ii) Average daily cash reserve requirement for the fortnight ending 08/10/2021 6,30,489.00  
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ 30/09/2021 0.00  
I. Net durable liquidity [surplus (+)/deficit (-)] as on 10/09/2021 11,83,556.00  
@ 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, Press Release No. 2020-2021/1057 dated February 05, 2021 and Press Release No. 2021-2022/695 dated August 13, 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.
ψ As per the Press Release No. 2021-2022/323 dated June 04, 2021.
Ajit Prasad
Director   
Press Release: 2021-2022/969

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