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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 30, 2021
(Tuesday)		 March 31, 2021
(Wednesday)
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 Tuesday, March 30, 2021, during the below given timings:

Category Timing
Competitive bids 10:00 am – 11:00 am
Non-Competitive bids 10:00 am – 10:30 am

Results will be announced on the day of the auction.

Payment by successful bidders to be made on Wednesday, March 31, 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: 2020-2021/1299

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A. I. SUMMARY – OMO PURCHASE RESULTS

Aggregate Amount (Face value) notified by RBI : ₹10,000 crore
Total amount offered (Face value) by participants : ₹32,591 crore
Total amount accepted (Face value) by RBI : ₹10,000 crore

A. II. DETAILS OF OMO PURCHASE ISSUE

Security 5.15% GS 2025 5.85% GS 2030 6.22% GS 2035
No. of offers received 98 173 128
Total amount (face value) offered (₹ in crore) 7,598 14,098 10,895
No. of offers accepted 43 69 40
Total offer amount (face value) accepted by RBI (₹ in crore) 2,851 4,103 3,046
Cut off yield (%) 5.6538 6.1409 6.6927
Cut off price (₹) 97.97 97.89 95.75
Weighted average yield (%) 5.6664 6.1480 6.6995
Weighted average price (₹) 97.92 97.84 95.69
Partial allotment % of competitive offers at cut off price 27.13 NA NA

B. I. SUMMARY – OMO SALE RESULTS

Aggregate Amount (Face value) notified by RBI : ₹10,000 crore
Total amount bid (Face value) by participants : ₹16,705 crore
Total amount accepted (Face value) by RBI : ₹10,000 crore

B. II. DETAILS OF OMO SALE ISSUE

Security 8.35% GS 2022 8.15% GS 2022
No. of bids received 34 23
Total bid amount (face value) (₹ in crore) 10,430 6,275
No. of bids accepted 25 19
Total bid amount (face value) accepted by RBI (₹ in crore) 6,430 3,570
Cut off yield (%) 4.2249 4.2551
Cut off price (₹) 104.51 104.53
Weighted average yield (%) 4.1896 4.2137
Weighted average price (₹) 104.55 104.58
Partial allotment % of competitive bids at cut off price NA 19.50

Ajit Prasad
Director   

Press Release: 2020-2021/1298

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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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A. OMO PURCHASE ISSUE

Security 5.15% GS 2025 5.85% GS 2030 6.22% GS 2035
Total amount notified (₹ in crore) Aggregate amount of ₹10,000 crore
(no security-wise notified amount)
Total amount (face value) accepted by RBI (₹ in crore) 2,851 4,103 3,046
Cut off yield (%) 5.6538 6.1409 6.6927
Cut off price (₹) 97.97 97.89 95.75

B. OMO SALE ISSUE

Security 8.35% GS 2022 8.15% GS 2022
Total amount notified (₹ in crore) Aggregate amount of ₹10,000 crore
(no security-wise notified amount)
Total amount (face value) accepted by RBI (₹ in crore) 6,430 3,570
Cut off yield (%) 4.2249 4.2551
Cut off price (₹) 104.51 104.53

Detailed results will be issued shortly.

Ajit Prasad
Director  

Press Release: 2020-2021/1296

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Reserve Bank of India, in exercise of powers vested in it under Sub-Section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949(AACS), had, in the public interest, issued Directions to Hindu Cooperative Bank Limited, Pathankot, Punjab, from the close of business on March 25, 2019. The Directions have been extended from time to time the validity of which was last extended upto March 24, 2021. These Directions shall continue to apply to the bank for a further period of three months from March 25, 2021 to June 24, 2021, subject to review. A copy of the Directions dated March 23, 2021 is displayed at the bank’s premises for interested members of public to peruse. Reserve Bank of India may consider modifications in Directions depending upon the circumstances. The issue of Directions should not per se be construed as cancellation of banking license by the Reserve Bank of India. The bank will be able to undertake banking business with restrictions till its financial position improves.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2020-2021/1295

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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) 3,90,166.06 3.27 0.50-5.30
     I. Call Money 16,292.32 3.27 1.90-3.60
     II. Triparty Repo 2,61,436.00 3.26 2.91-3.40
     III. Market Repo 1,11,732.74 3.30 0.50-3.50
     IV. Repo in Corporate Bond 705.00 3.62 3.45-5.30
B. Term Segment      
     I. Notice Money** 203.75 3.30 2.65-3.35
     II. Term Money@@ 115.00 – 3.30-3.50
     III. Triparty Repo 207.00 3.27 3.27-3.27
     IV. Market Repo 161.00 3.17 2.90-3.35
     V. Repo in Corporate Bond 120.30 5.50 5.50-5.50
  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 Wed, 24/03/2021 1 Thu, 25/03/2021 3,62,996.00 3.35
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo          
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo – – – – –
3. MSF Wed, 24/03/2021 1 Thu, 25/03/2021 43.00 4.25
4. Long-Term Repo Operations –   –   –
5. Targeted Long Term Repo Operations – – – – –
6. Targeted Long Term Repo Operations 2.0 – – – – –
7. Net liquidity injected from today’s operations
[injection (+)/absorption (-)]*		       -3,62,953.00  
II. Outstanding Operations
1. Fixed Rate          
     (i) Repo          
     (ii) Reverse Repo          
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo Fri, 12/03/2021 14 Fri, 26/03/2021 2,00,007.00 3.51
  (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
D. Standing Liquidity Facility (SLF) Availed from RBI$       32,387.06  
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -85,537.94  
F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -4,48,490.94  
G. Cash Reserves Position of Scheduled Commercial Banks
     (i) Cash balances with RBI as on 24/03/2021 4,40,779.44  
     (ii) Average daily cash reserve requirement for the fortnight ending 26/03/2021 4,55,339.00  
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ 24/03/2021 0.00  
I. Net durable liquidity [surplus (+)/deficit (-)] as on 26/02/2021 8,64,316.00  
@ 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 and Press Release No. 2020-2021/1057 dated February 05, 2021.
¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
Ajit Prasad
Director   
Press Release : 2020-2021/1294

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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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The Reserve Bank of India vide directive DCBS.CO.BSD-I/D-16/12.22.474/2018-19 dated June 21, 2019 had placed the Shri Anand Co-operative Bank Limited, Pune Maharashtra under Directions from the close of business on June 25, 2019 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to March 24, 2021.

2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, hereby directs that the aforesaid Directions shall continue to apply to the bank till June 24, 2021 as per the directive DOR.CO.AID No.D-65/12.22.474/2020-21 dated March 23, 2021, subject to review.

3. All other terms and conditions of the Directives under reference shall remain unchanged. A copy of the directive dated March 23, 2021 notifying the above extension is displayed at the bank’s premises for the perusal of public.

4. The aforesaid extension and /or modification by the Reserve Bank of India should not per-se be construed to imply that Reserve Bank of India is satisfied with the financial position of the bank.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2020-2021/1292

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Auction Results 91 days 182 days 364 days
I. Notified Amount ₹ 4000 Crore ₹ 7000 Crore ₹ 8000 Crore
II. Competitive Bids Received      
(i) Number 68 82 151
(ii) Amount ₹ 16412.8 Crore ₹ 23328.25 Crore ₹ 43077 Crore
III. Cut-off price / Yield 99.1771 98.2993 96.3604
(YTM: 3.3280%) (YTM: 3.4698%) (YTM: 3.7874%)
IV. Competitive Bids Accepted      
(i) Number 29 12 34
(ii) Amount ₹ 3976.042 Crore ₹ 6999.915 Crore ₹ 7999.868 Crore
V. Partial Allotment Percentage of Competitive Bids 32% 100% 19%
(1 Bids) (1 Bids) (1 Bids)
VI. Weighted Average Price/Yield 99.1820 98.3051 96.3740
(WAY: 3.3080%) (WAY: 3.4577%) (WAY: 3.7728%)
VII. Non-Competitive Bids Received      
(i) Number 5 2 1
(ii) Amount ₹ 1523.958 Crore ₹ 8632.535 Crore ₹ 0.132 Crore
VIII. Non-Competitive Bids Accepted      
(i) Number 5 2 1
(ii) Amount ₹ 1523.958 Crore ₹ 8632.535 Crore ₹ 0.132 Crore
(iii) Partial Allotment Percentage 100% (0 Bids) 100% (0 Bids) 100% (0 Bids)

Ajit Prasad
Director  

Press Release: 2020-2021/1291

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I. T-Bill 91 days 182 days 364 days
II. Total Face Value Notified ₹4,000 Crore ₹7,000 Crore ₹8,000 Crore
III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1771
(YTM: 3.3280%)		 98.2993
(YTM: 3.4698%) 		96.3604
(YTM: 3.7874%)
IV. Total Face Value Accepted ₹4,000 Crore ₹7,000 Crore ₹8,000 Crore

Ajit Prasad
Director  

Press Release: 2020-2021/1290

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