Category: RBI News

Reserve Bank of India – Annual Report

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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

Press Releases

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The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on September 24, 2021, Friday, as under:

Sl. No. Notified Amount
(₹ crore)		 Tenor
(day)		 Window Timing Date of Reversal
1 4,00,000 14 10:30 AM to 11:00 AM October 8, 2021 (Friday)

2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

Ajit Prasad
Director   

Press Release: 2021-2022/917

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Reserve Bank of India – Press Releases

Press Releases

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The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on September 24, 2021, Friday, as under:

Sl. No. Notified Amount
(₹ crore)		 Tenor
(day)		 Window Timing Date of Reversal
1 50,000 4 12:00 noon to 12:30 PM September 28, 2021 (Tuesday)

2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

Ajit Prasad
Director   

Press Release: 2021-2022/918

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Reserve Bank of India – Press Releases

Press Releases

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Today, the Reserve Bank released the web publication ‘Deposits with Scheduled Commercial Banks – March 2021’ on its Database on Indian Economy (DBIE) portal (web-link: https://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!18).

Scheduled Commercial Banks (SCBs) (including Regional Rural Banks and Small Finance banks) report data on type of deposits (current, savings and term), its institutional sector wise ownership, maturity pattern of term deposits as well as number of employees under Basic Statistical Return (BSR) -2 survey2. These data are released at disaggregated level (viz., type of deposits, population groups, bank groups, states, districts, centres, interest rate ranges, size, original and residual maturities).

Highlights:

  • Bank deposits grew (y-o-y) by 11.9 per cent during the 2020-21 (8.8 per cent in the previous year) on the back of high growth in current account and savings account (CASA) deposits; the share of CASA deposits increased to 43.7 per cent in March 2021 (41.7 per cent a year ago).

  • Among institutional categories, the household sector held 64.1 per cent share in total deposits; individuals {including Hindu Undivided Families (HUFs)}, were the major constituent of the household sector and contributed 55.8 per cent in aggregate deposits.

  • Bank deposits of non-financial corporations surged by 18.8 percent during 2020-21 and their share in total deposits increased to 16.2 percent in March-2021.

  • Metropolitan branches of banks, which account for over half of total deposits, accounted for 59.6 per cent of incremental deposits during 2020-21 (43.2 per cent last year).

  • Three major states (Maharashtra, UP and Karnataka) held one-third of total household sectors’ outstanding deposits and over 40 per cent of its incremental deposits during 2020-21.

  • Share of private sector banks in total bank deposits continued to rise at the cost of public sector banks and stood at 30.5 per cent (29.5 per cent a year ago), accounting for about half of the deposits of financial and non-financial corporations as well as rest of the world sectors.

  • With the downward shift in the interest rates on term deposits, the share of term deposits carrying less than 6 per cent interest rate surged to 69.0 per cent in March 2021 from 21.3 per cent a year ago; the interest rate bracket ‘5 to less than 6 per cent had highest concentration (36.8 per cent) of total term deposits.

  • Majority of term deposits were originally contracted for ‘one year to less than three years’ maturity.

  • The share of short-term deposits (original maturity of less than one-year) rose to 32.8 per cent (25.4 per cent a year ago); in terms of residual maturity, 75.7 per cent of the term deposits were due for maturity within one year.

Ajit Prasad
Director   

Press Release: 2021-2022/916

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Reserve Bank of India – Press Releases

Press Releases

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As announced in Governor’s statement of June 04, 2021, the Reserve Bank will conduct open market purchase of government securities under the G-sec Acquisition Programme (G-SAP 2.0) for an aggregate amount of ₹15,000 crore on September 30, 2021.

2. Accordingly, the Reserve Bank will purchase the following government securities through a multi-security auction using the multiple price method:

Sr. No ISIN Security Date of Maturity Aggregate Amount
1 IN0020180454 7.26% GS 2029 14-Jan-2029 ₹15,000 crore
(There is no security-wise notified amount)
2 IN0020210095 6.10% GS 2031 12-Jul-2031
3 IN0020210020 6.64% GS 2035 16-Jun-2035

3. On a review of current liquidity conditions, the Reserve Bank has decided to conduct simultaneous sale of government securities under Open Market Operations (OMO) for an aggregate amount of ₹15,000 crore on September 30, 2021.

4. Accordingly, the Reserve Bank will sell the following government securities through a multi-security auction using the multiple price method:

Sr. No ISIN Security Date of Maturity Aggregate Amount
1 IN0020120013 8.15% GS 2022 11-Jun-2022 ₹15,000 crore
(There is no security-wise notified amount)
2 IN0020070028 8.08% GS 2022 02-Aug-2022
3 IN0020070051 8.13% GS 2022 21-Sep-2022

5. The Reserve Bank reserves the right to:

  • decide on the quantum of purchase/sale of individual securities.

  • accept bids/offers for less than the aggregate amount.

  • purchase/sell marginally higher/lower than the aggregate amount due to rounding-off.

  • accept or reject any or all the bid/offers either wholly or partially without assigning any reasons.

6. Eligible participants should submit their bids/offers in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system between 10:00 am and 11:00 am on September 30, 2021. Only in the event of system failure, physical bids/offers would be accepted. Such physical bid/offer should be submitted to Financial Markets Operations Department (email; Phone no: 022-22630982) in the prescribed form obtainable from RBI website (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx) before 11:00 am.

7. The result of the auctions will be announced on the same day and successful participants should ensure availability of funds/securities in their Current account/SGL account, as the case may be, by 12 noon on October 01, 2021.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/915

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Reserve Bank of India – Press Releases

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


Next

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Reserve Bank of India – Press Releases

Press Releases

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Read More/Less




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


Next

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Reserve Bank of India – Press Releases

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 September 24, 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:

(₹ crore)
Security Notified Amount Minimum Underwriting Commitment (MUC) amount per PD Minimum bidding commitment per PD under ACU auction
5.63% GS 2026 11,000 262 262
GOI FRB 2034 3,000 72 72
6.67% GS 2035 10,000 239 239
6.67% GS 2050 7,000 167 167

The underwriting auction will be conducted through multiple price-based method on September 24, 2021 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System between 9.00 A.M. and 9.30 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: 2021-2022/912

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Reserve Bank of India – Tenders

Tenders

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SCHEDULE OF TENDER (SOT)

Tender No. RBI/CentralOffice/DBS/1/21-22/ET/168
Mode of Tender e-Tender Online submission of Part I – Technical Bid and Part II – Price Bid through https://www.mstcecommerce.com/eprochome/rbi

The intending bidders are required to submit their offer electronically through above e-tendering portal only.

No physical technical/price bid shall be accepted.

Date of NIT and e-tender available to parties to download from RBI website and MSTC portal September 23, 2021
Estimated annual value of contract –
Date of online Pre-Bid Meeting Vendor may submit their queries regarding tender over mail by September 30, 2021, at tagmpe@rbi.org.in
Earnest Money Deposit –

Successful bidder has to submit EMD amount in the form of NEFT

Please Note: – EMD amount will be accepted from successful bidder after award of work.

Amount: Rs.1,00,000/-

EMD amount can be paid through NEFT

A/c. No – 41869229908

IFSC Code:

RBIS0COD001 (5th, 9th and 10th characters are ZERO).

A/c. Name: Reserve Bank of India
Date of Starting of Tender for submission of Technical Bid and Financial Bid 1200 hrs, September 23, 2021
Date of closing of tender for submission of Technical Bid and Financial Bid. 1200 hrs, October 18, 2021
Date & time of opening of Part-I (i.e. Technical Bid) 1600 hrs, October 18, 2021
Part-II Financial Bid: Date of opening of Part II Part II – Financial bid will be opened only for those bidder(s) whose Part I-Technical Bid is found acceptable by DoS, RBI, Mumbai. The date of opening of Financial Bid will be communicated separately to Technically Qualified Bidders

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Reserve Bank of India – Press Releases

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


Next

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