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Reserve Bank of India – Press Releases

September 8, 2021 root Press Releases

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I.	T-Bill	91 days	182 days	364 days
II.	Total Face Value Notified	₹9,000 Crore	₹4,000 Crore	₹4,000 Crore
III.	Cut-off Price and Implicit Yield at Cut-Off Price	99.1867 (YTM: 3.2889%)	98.3282 (YTM: 3.4098%)	96.5700 (YTM: 3.5616%)
IV.	Total Face Value Accepted	₹9,000 Crore	₹4,000 Crore	₹4,000 Crore

Ajit Prasad
Director

Press Release: 2021-2022/825

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Reserve Bank of India – Press Releases

September 8, 2021 root 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)	379,773.20	3.07	1.00-5.15
I. Call Money	7,340.80	3.15	1.95-3.40
II. Triparty Repo	281,610.20	3.05	3.04-3.37
III. Market Repo	90,547.20	3.09	1.00-3.25
IV. Repo in Corporate Bond	275.00	3.42	3.25-5.15
B. Term Segment
I. Notice Money**	452.85	3.22	2.50-3.40
II. Term Money^@@	123.50	–	3.20-3.40
III. Triparty Repo	0.00	–	–
IV. Market Repo	0.00	–	–
V. Repo in Corporate Bond	2,010.98	3.48	3.43-5.35

	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	Tue, 07/09/2021	1	Wed, 08/09/2021	627,660.00	3.35
(iii) Special Reverse Repo^~
(iv) Special Reverse Repo^ψ
2. Variable Rate^&
(I) Main Operation
(a) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo	Tue, 07/09/2021	7	Tue, 14/09/2021	50,008.00	3.38
3. MSF	Tue, 07/09/2021	1	Wed, 08/09/2021	17.00	4.25
4. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)^£
5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*				-677,651.00
II. Outstanding Operations
1. Fixed Rate
(i) Repo
(ii) Reverse Repo
(iii) Special Reverse Repo^~	Fri, 27/08/2021	13	Thu, 09/09/2021	6,574.00	3.75
(iv) Special Reverse Repo^ψ	Fri, 27/08/2021	13	Thu, 09/09/2021	611.00	3.75
2. Variable Rate^&
(I) Main Operation
(a) Reverse Repo	Fri, 27/08/2021	13	Thu, 09/09/2021	300,027.00	3.42
(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
	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
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
D. Standing Liquidity Facility (SLF) Availed from RBI^$				28,295.80
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*				-194,574.20
F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*				-872,225.20
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on		07/09/2021		610,424.43
(ii) Average daily cash reserve requirement for the fortnight ending		10/09/2021		628,268.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on^¥		07/09/2021		0.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on		13/08/2021		1,132,933.00
^@ 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: 2021-2022/824

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Reserve Bank of India – Tenders

September 7, 2021 root Tenders

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Reserve Bank Staff College (hereinafter referred to as “the Employer”) invites e-tenders from the empaneled vendors of Reserve Bank of India, Chennai for the work of ‘Renovation of 30 Rooms in Old Hostel Block at Reserve Bank Staff College, Chennai – 600018’, as per the schedule of tender given below. The work is estimated to cost ₹43.69 lakh and is to be completed within 04 months from the 10th day of issue of written order to commence the work. Vendors who are empaneled with RBI, Chennai under the category of “Civil, Interior, Fabrication, Painting works – ₹25-50 lakh” are only eligible to participate in this tender.

The tenderers should electronically submit their proposal, as per the instructions regarding e-Tender, along with all supporting documents complete in all respects on or before September 28, 2021, 02.00 p.m. Tenderers shall submit tender proposal along with refundable EMD of ₹87,380/-, as prescribed in the tender. The technical bids (Part I) and financial bid (Part II) will be opened electronically on September 28, 2021 at 03:00 p.m. In the event of any date indicated above being declared a Holiday, the next working day shall become operative for the respective purpose mentioned herein. Financial Bid (Part II) of only those bidders who are found to be eligible on evaluation of their Part I documents will be opened.

Tender document can be downloaded from RBI website – www.rbi.org.in and www.mstcecommerce.com. Any amendment(s) / corrigendum / clarifications with respect to this tender shall be uploaded on the website / e-portal only. The tenderer should check the above website / e-portal for any Amendment / Corrigendum / Clarification before submitting the bid. The Employer reserves the right to reject any or all the tenders without assigning any reason thereof.

The Chief General Manager/ Principal
Reserve Bank Staff College
359, Anna Salai, Teynampet
Chennai – 600 018

Schedule of Tender

a. E-tender No.	RBI/RBSC//140/21-22/ET/140
b. Name of work	Renovation of 30 rooms in the Old Hostel Block at Reserve Bank Staff College, Chennai- 600018
c. Mode of Tender	e-Procurement System (Online Part I – Techno- Commercial Bid and Part II – Price Bid through www.mstcecommerce.com/eprochome/rbi) Guidelines for e-tender have been provided in Annexure – I.
d. Date of NIT available to parties to download	02:00 p.m. on September 7, 2021.
e. Earnest Money Deposit	₹ 87,380/- from each bidder.
f. Last date of submission of EMD.	01:00 p.m. on September 28, 2021.
g. Pre-bid Meeting	11:30 a.m. on September 14, 2021 at Seminar Hall, Reserve Bank Staff College, 359, Anna Salai, Teynampet, Chennai – 600018.
h. Date of starting of e-Tender for submission of on-line Techno-Commercial Bid and price Bid at www.mstcecommerce.com/eprochome/rbi	02:00 p.m. on September 17, 2021.
i. Date of closing of online e-tender for submission of Techno-Commercial Bid & Price Bid.	02:00 p.m. on September 28, 2021.
j. Date & time of opening of Tender	03:00 p.m. on September 28, 2021.
k. Transaction Fee	Transaction fee is 0.05% of estimated cost subject to a maximum of ₹15,000/- Payment of Transaction fee is as mentioned in the MSTC portal through MSTC payment gateway or through NEFT/RTGS in favor of MSTC LIMITED.

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Reserve Bank of India – Press Releases

September 7, 2021 root Press Releases

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The Reserve Bank of India (RBI) has today announced the following enhancements to the extant framework on card tokenisation services:

the device-based tokenisation framework advised vide circulars of January 2019 and August 2021 has been extended to Card-on-File Tokenisation (CoFT) services as well, and
card issuers have been permitted to offer card tokenisation services as Token Service Providers (TSPs). The tokenisation of card data shall be done with explicit customer consent requiring Additional Factor of Authentication (AFA).

The above enhancements are expected to reinforce the safety and security of card data while continuing the convenience in card transactions.

Citing the convenience and comfort factor for users while undertaking card transactions online, many entities involved in the card payment transaction chain store actual card details [also known as Card-on-File (CoF)]. In fact, some merchants force their customers to store card details. Availability of such details with a large number of merchants substantially increases the risk of card data being stolen. In the recent past, there were incidents where card data stored by some merchants have been compromised / leaked. Any leakage of CoF data can have serious repercussions because many jurisdictions do not require an AFA for card transactions. Stolen card data can also be used to perpetrate frauds within India through social engineering techniques.

Reserve Bank had, therefore, stipulated in March 2020 that authorised payment aggregators and the merchants onboarded by them should not store actual card data. This would minimise vulnerable points in the system. On a request from the industry, the deadline was extended to end-December 2021 (RBI circular CO.DPSS.POLC.No.S33/02-14-008/2020-2021 dated March 31, 2021), as a one-time measure. RBI has been in regular consultation with the industry to facilitate the transition.

It may be noted that introduction of CoFT, while improving customer data security, will offer customers the same degree of convenience as now. Contrary to some concerns expressed in certain sections of the media, there would be no requirement to input card details for every transaction under the tokenisation arrangement. The efforts of Reserve Bank to deepen digital payments in India and make such payments safe and efficient shall continue.

(Yogesh Dayal)
Chief General Manager

Press Release: 2021-2022/823

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Reserve Bank of India – Tenders

September 7, 2021 root Tenders

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The captioned Meeting was held at 11.00 am on Monday, September 06, 2021 in the VC Room on the third floor of the Bank’s Main Office Building at Bakery Junction, Thiruvananthapuram.

(a) List of Bank’s Officials who attended the meeting

1	Shri V Jayaraj	Assistant General Manager
2	Shri Suresh Kumar R Nair	Assistant Manager (Tech-Electrical)
3	Smt. T Gowthami	Assistant Manager
4	Shri Jomin Joseph	Assistant

(b) List of Contractors’ representatives who attended the meeting

	Name of the Representative	Name of the Contractor
1	Shri Vishnu K S	M/s Cochin Fire Tech India Pvt Ltd
2	Shri Sarjad Salim	M/s Cochin Fire Tech India Pvt Ltd
3	Shri Najam	M/s A V Fire Fighting Systems

2. Shri V Jayaraj, Assistant General Manager welcomed the participants to the meeting and invited queries, if any, from the prospective bidders regarding the captioned tender. Shri Suresh Kumar R Nair, AM (Tech) explained various aspects of the tender which need to be taken care of in their bids. Queries put forth by the representatives and clarifications given by the Bank are tabulated below:

Queries/Suggestions	Clarification/Comments
Whether there is exemption from paying EMD for MSME vendors?	Bank is providing EMD exemption for MSMEs for works with estimate up to Rs 10 lakh. Since the estimate for the captioned work is Rs 27 lakh, such exemption is not applicable.
Validity and Value of Performance Bank Guarantee.	Para 5 of Section II of tender may be referred to. After virtual date of completion the system shall be under initial warranty period of three years. A performance Bank Guarantee of 10% of the contract value has to be submitted to cover the three years. Thereafter, the system shall be under Comprehensive Annual Maintenance Contract (CAMC) with the contractor for five years. For due fulfilment of obligations towards CAMC, Bank Guarantee of 5% of the contract value valid for five years shall be submitted.
During the Warranty period and Comprehensive Annual Maintenance Contract Period, whether the contractor has to bear costs for repair/replacement of defective components?	Para 11 of Section II of tender may be referred to. The contractor has to bear all costs for repair/replacement of defective components of the fire alarm system except for the existing cabling.
Whether rates to be quoted are inclusive of taxes?	The rates quoted must be inclusive of all taxes.
Payment release against supply of materials at site.	As mentioned in clause 16 of Section II of the tender, 60% of the quoted rates on pro-rata basis shall be paid against delivery of materials after checking at site and submission of test certificates from Original Equipment Manufacturer and submission of Bank Guarantee for 20% of contract value (Quoted amount), valid till scheduled date of completion of the work.
Whether AMC timings mentioned in the tender are relaxable?	Considering the operational requirements of the Bank, the Comprehensive AMC timings as per clause 11 of Section II of the tender shall be strictly adhered to.
Is one client certificate sufficient?	Client certificates for all qualifying works have to be submitted.

3. Shri V Jayaraj, Assistant General Manager thanked all participants for attending the meeting. He also added that further queries, if any, about the tender can also be clarified from the section and advised the bidders to complete the exercise early and avoid last minute references. The meeting came to an end at 11.45 am.

Regional Director for Kerala and Lakshadweep

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Reserve Bank of India – Press Releases

September 7, 2021 root Press Releases

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The Reserve Bank of India (RBI) has, by an order dated September 07, 2021, imposed a monetary penalty of ₹3.00 lakh (Rupees three lakh only) on The Sutex Co-operative Bank Ltd., Surat (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Loans and advances to directors, relatives and firms /concerns in which they are interested’ and ‘Loans and advances to directors etc. – directors as surety/guarantors – Clarification’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949, taking into account the failure of the bank to adhere to the aforesaid directions issued by RBI.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

Background

The statutory inspection of the bank conducted by the RBI with reference to the bank’s financial position as on March 31, 2018, the Inspection Report pertaining thereto and examination of all related correspondence revealed, inter alia, non-compliance with aforesaid directions issued by the RBI. In furtherance to the same, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed for non-compliance with the aforesaid directions issued by the RBI. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, the RBI came to the conclusion that the aforesaid charge was substantiated and warranted imposition of monetary penalty.

(Yogesh Dayal)
Chief General Manager

Press Release: 2021-2022/822

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Reserve Bank of India – Press Releases

September 7, 2021 root Press Releases

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The Result of the auction of State Development Loans for 11 State Governments held on September 07, 2021.

Table
(Amount in ₹ crore)
	ANDHRA PRADESH 2041	ANDHRA PRADESH 2039	BIHAR 2030	GOA 2031
Notified Amount	1000	1000	2000	200
Tenure	20	18	9	10
Competitive Bids Received
(i) No.	75	88	110	35
(ii) Amount	3053	4048	10530	1310
Cut-off Yield (%)	7.02	7	6.85	6.88
Competitive Bids Accepted
(i) No.	4	6	28	13
(ii) Amount	1000	960	1889.994	195.95
Partial Allotment Percentage of Competitive Bids
(i) Percentage	98	90.1961	80.5875	34.2381
(ii) No.	(1 bid)	(4 bids)	(8 bids)	(4 bids)
Non-Competitive Bids Received
(i) No.	0	3	8	3
(ii) Amount	0	40	110.006	4.05
Non-Competitive Price (₹)	100.13	100.05	100.09	100.18
Non-Competitive Bids Accepted
(i) No.	0	3	8	3
(ii) Amount	0	40	110.006	4.05
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	–	–	–	–
(ii) No.	–	–	–	–
Weighted Average Yield (%)	7.0074	6.9948	6.836	6.8545
Total Allotment Amount	1000	1000	2000	200

	GUJARAT 2031	MEGHALAYA 2041	MEGHALAYA 2024	MIZORAM 2034
Notified Amount	1500	100	100	80
Tenure	10	20	3	13
Competitive Bids Received
(i) No.	194	18	12	23
(ii) Amount	13992	697.25	545	613
Cut-off Yield (%)	6.84	7.02	4.95	7
Competitive Bids Accepted
(i) No.	34	1	1	5
(ii) Amount	1350	99.995	99.994	79.995
Partial Allotment Percentage of Competitive Bids
(i) Percentage	35.4286	99.995	99.994	69.995
(ii) No.	(17 bids)	(1 bid)	(1 bid)	(3 bids)
Non-Competitive Bids Received
(i) No.	13	1	1	2
(ii) Amount	180.798	0.005	0.006	0.005
Non-Competitive Price (₹)	100.08	100	100	100.02
Non-Competitive Bids Accepted
(i) No.	13	1	1	2
(ii) Amount	150	0.005	0.006	0.005
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	82.9655	–	–	–
(ii) No.	(12 bids)	–	–	–
Weighted Average Yield (%)	6.8289	7.02	4.95	6.9981
Total Allotment Amount	1500	100	100	80

	PUNJAB 2031	PUNJAB 2036*	RAJASTHAN 2031	TELANGANA 2036
Notified Amount	1000	250	1000	1500
Tenure	10	15	10	15
Competitive Bids Received
(i) No.	77	34	118	109
(ii) Amount	4765	1406	7410	3911
Cut-off Yield (%)	6.89	–	6.87	7
Competitive Bids Accepted
(i) No.	20	–	29	10
(ii) Amount	901.937	–	900	1350
Partial Allotment Percentage of Competitive Bids
(i) Percentage	76.3446	–	23.9316	80.5643
(ii) No.	(7 bids)	–	(12 bids)	(7 bids)
Non-Competitive Bids Received
(i) No.	8	1	15	9
(ii) Amount	98.063	0.046	159.372	159.701
Non-Competitive Price (₹)	100.1	–	100.1	100.01
Non-Competitive Bids Accepted
(i) No.	8	–	15	9
(ii) Amount	98.063	–	100	150
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	–	–	62.7463	93.9255
(ii) No.	–	–	(15 bids)	(8 bids)
Weighted Average Yield (%)	6.8754	–	6.8561	6.9991
Total Allotment Amount	1000	0	1000	1500

	UTTAR PRADESH 2031	WEST BENGAL 2031	Total
Notified Amount	2500	2500	14730
Tenure	10	10
Competitive Bids Received
(i) No.	179	137	1209
(ii) Amount	14640	11680	78600.25
Cut-off Yield (%)	6.89	6.85
Competitive Bids Accepted
(i) No.	52	6	209
(ii) Amount	2250	2250	13327.865
Partial Allotment Percentage of Competitive Bids
(i) Percentage	6.1984	–
(ii) No.	(16 bids)	–
Non-Competitive Bids Received
(i) No.	17	13	94
(ii) Amount	283.034	280.525	1315.611
Non-Competitive Price (₹)	100.15	100
Non-Competitive Bids Accepted
(i) No.	17	13	93
(ii) Amount	250	250	1152.135
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	88.3286	89.1186
(ii) No.	(16 bids)	(12 bids)
Weighted Average Yield (%)	6.8684	6.8499
Total Allotment Amount	2500	2500	14480
* Punjab has not accepted any amount in the fifteen year security

Ajit Prasad
Director

Press Release: 2021-2022/821

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Reserve Bank of India – Press Releases

September 7, 2021 root Press Releases

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Sr. No.	State/UT	Notified Amount (₹ Cr)	Amount Accepted (₹ Cr)	Cut off Yield (%)	Tenure (Yrs)
1	Andhra Pradesh	1000	1000	7.00	18
1	Andhra Pradesh	1000	1000	7.02	20
2	Bihar	2000	2000	6.85	9
3	Goa	200	200	6.88	10
4	Gujarat	1500	1500	6.84	10
5	Meghalaya	100	100	4.95	3
5	Meghalaya	100	100	7.02	20
6	Mizoram	80	80	7.00	13
7	Punjab*	1000	1000	6.89	10
7	Punjab*	250	–	NA	15
8	Rajasthan	1000	1000	6.87	10
9	Telangana	1500	1500	7.00	15
10	Uttar Pradesh	2500	2500	6.89	10
11	West Bengal	2500	2500	6.85	10
	TOTAL	14730	14480
* Punjab has not accepted any amount in the fifteen year security

Ajit Prasad
Director

Press Release: 2021-2022/820

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Reserve Bank of India – Press Releases

September 7, 2021 root Press Releases

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Tenor	7-day
Notified Amount (in ₹ crore)	50,000
Total amount of offers received (in ₹ crore)	2,63,625
Amount accepted (in ₹ crore)	50,008
Cut off Rate (%)	3.38
Weighted Average Rate (%)	3.38
Partial Acceptance Percentage of offers received at cut off rate	44.85

Ajit Prasad
Director

Press Release: 2021-2022/819

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Reserve Bank of India – Tenders

September 7, 2021 root Tenders

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Reserve Bank of India, Chandigarh invites e-Tender from eligible and willing firms for undertaking ‘Renovation (electrical work) of 12 flats in RBI Staff Quarters, Sector 30A, Chandigarh’. The estimated cost of work is ₹6,45,156 (including GST) only.

2. Only those firms, who are empanelled in Estate Department, RBI, Chandigarh in various categories (from ₹5.00 Lakh to ₹50.00 Lakh) for electrical work and registered on MSTC portal will be able to take part in the Tender process. The tender document is available on website www.rbi.org.in for download.

3. Tender shall be submitted online in two parts. Part-I of the tender will contain the Bank’s standard technical and commercial conditions for the proposed work, which must be agreed to by the tenderers. Part-II of the tender will contain Bank’s schedule of quantities and tenderer’s price bid to be submitted online.

4. The firms fulfilling the eligibility criteria and desirous of being considered for award of the work should upload all the required documents at www.mstcecommerce.com/eprochome/rbi on or before September 28, 2021 till 11:00 AM.

5. Part-I and Part- II of the e-tender will be opened at September 28, 2021 at 11:30 AM on MSTC website. The timeline of the e-tender is as follow:

A	E-Tender no	RBI/Chandigarh/Estate/96/21-22/ET/130
B	Mode of Tender	e-Procurement System (Online Part I – Techno-Commercial Bid and Part II – Price Bid through MSTC portal (www.mstcecommerce.com/eprochome/rbi)
C	Estimated cost	₹6,45,156/- (Rupees Six Lakh Forty Five Thousand One Hundred Fifty Six Only) (Including GST)
D	Date of availability of Tender Document for download on RBI website	September 07, 2021 from 11:00 AM onwards
E	Pre-Bid meeting	Offline: September 21, 2021 at 11:00 AM Venue: Estate Department, 3rd Floor, Reserve Bank of India, Central Vista, Sector 17, Chandigarh- 160017
F	Earnest Money Deposit (Only through NEFT)	2% of the contract amount (only by the successful bidder) Beneficiary Name – Reserve Bank of India IFSC: RBIS0CGPA01 (5th and 10th being zero) Account No: 186003001
G	Starting Date of e-Tender for submission of Part-I (Techno-Commercial Bid) and Part-II (Price Bid) at www.mstcecommerce.com/eprochome/rbi	September 07, 2021 from 11:00 AM onwards
H	Closing Date of e-tender for submission of Techno-Commercial Bid & Price Bid	September 28, 2021 till 11:00 AM
I	Date & time of opening of Part- I (Techno-Commercial Bid) and Part II (Price Bid)	September 28, 2021 at 11:30 AM
J	Transaction Fee	Payment of transaction fee through MSTC payment gateway / NEFT / RTGS in favour of MSTC LIMITED

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