Reserve Bank of India – Press Releases

[ad_1]

Read More/Less



(Amount in ₹ crore, Rate in Per cent)

  Volume
(One Leg)
Weighted
Average Rate
Range
A. Overnight Segment (I+II+III+IV) 0.00
     I. Call Money 0.00
     II. Triparty Repo 0.00
     III. Market Repo 0.00
     IV. Repo in Corporate Bond 0.00
B. Term Segment      
     I. Notice Money** 0.00
     II. Term Money@@ 0.00
     III. Triparty Repo 0.00
     IV. Market Repo 0.00
     V. Repo in Corporate Bond 0.00
  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 Sun, 21/03/2021 1 Mon, 22/03/2021 5,567.00 3.35
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo          
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo
3. MSF Sun, 21/03/2021 1 Mon, 22/03/2021 1,850.00 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 (-)]*
     

-3,717.00

 
II. Outstanding Operations
1. Fixed Rate          
     (i) Repo          
     (ii) Reverse Repo Sat, 20/03/2021 2 Mon, 22/03/2021 63,812.00 3.35
  Fri, 19/03/2021 3 Mon, 22/03/2021 3,02,050.00 3.35
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 Sat, 20/03/2021 2 Mon, 22/03/2021 177.00 4.25
  Fri, 19/03/2021 3 Mon, 22/03/2021 6.00 4.25
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
D. Standing Liquidity Facility (SLF) Availed from RBI$       32,657.06  
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -4,55,946.94  
F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -4,59,663.94  
G. Cash Reserves Position of Scheduled Commercial Banks
     (i) Cash balances with RBI as on 21/03/2021 4,44,143.34  
     (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¥ 19/03/2021 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. 2014-2015/1971 dated March 19, 2015.
Ajit Prasad
Director   
Press Release : 2020-2021/1279

[ad_2]

CLICK HERE TO APPLY

Reserve Bank of India – Press Releases

[ad_1]

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

[ad_2]

CLICK HERE TO APPLY

Reserve Bank of India – Press Releases

[ad_1]

Read More/Less



(Amount in ₹ crore, Rate in Per cent)

  Volume
(One Leg)
Weighted
Average Rate
Range
A. Overnight Segment (I+II+III+IV) 4,653.92 2.64 0.25-5.30
     I. Call Money 433.22 2.71 2.60-3.00
     II. Triparty Repo 4,195.70 2.62 0.25-3.75
     III. Market Repo 0.00  
     IV. Repo in Corporate Bond 25.00 5.30 5.30-5.30
B. Term Segment      
     I. Notice Money** 12,072.49 3.25 1.90-3.60
     II. Term Money@@ 160.00 3.50-3.60
     III. Triparty Repo 2,86,342.00 3.28 2.96-3.40
     IV. Market Repo 98,597.67 3.11 0.01-3.40
     V. Repo in Corporate Bond 0.00
  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 Fri, 19/03/2021 3 Mon, 22/03/2021 3,02,050.00 3.35
2. Variable Rate&          
  (I) Main Operation          
     (a) Reverse Repo          
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo
3. MSF Fri, 19/03/2021 3 Mon, 22/03/2021 6.00 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 (-)]*
     

-3,02,044.00

 
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
D. Standing Liquidity Facility (SLF) Availed from RBI$       32,657.06  
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -90,267.94  
F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -3,92,311.94  
G. Cash Reserves Position of Scheduled Commercial Banks
     (i) Cash balances with RBI as on 19/03/2021 5,18,806.52  
     (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¥ 19/03/2021 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. 2014-2015/1971 dated March 19, 2015.
Ajit Prasad
Director   
Press Release : 2020-2021/1277

[ad_2]

CLICK HERE TO APPLY

Reserve Bank of India – Press Releases

[ad_1]

Read More/Less


1. Reserve Bank of India – Liabilities and Assets*
(₹ Crore)
Item 2020 2021 Variation
Mar. 13 Mar. 5 Mar. 12 Week Year
1 2 3 4 5
4 Loans and Advances          
4.1 Central Government 20553 -20553
4.2 State Governments 6154 12114 8522 -3592 2368
* Data are provisional.

2. Foreign Exchange Reserves
Item As on March 12, 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 4236881 582037 215 1739 634725 104231 670900 100146
1.1 Foreign Currency Assets 3938366 541022 -1375 1409 604551 98809 627960 93665
1.2 Gold 251515 34551 1708 336 20988 3973 33464 5085
1.3 SDRs 10928 1501 -64 -4 128 69 206 52
1.4 Reserve Position in the IMF 36072 4963 -52 -2 9059 1380 9271 1344
* Difference, if any, is due to rounding off

4. Scheduled Commercial Banks – Business in India
(₹ Crore)
Item Outstanding as on Feb. 26, 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 14933821 152476 752496 1366329 1095617 1607553
2.1a Growth (Per cent)   1.0 6.0 10.1 9.0 12.1
2.1.1 Demand 1703328 72329 -51361 86325 158323 243402
2.1.2 Time 13230494 80146 803858 1280005 937294 1364151
2.2 Borrowings 244737 1253 -69884 -64702 -57057 -63633
2.3 Other Demand and Time Liabilities 658538 39429 40822 54863 50306 74070
7 Bank Credit 10774815 71273 333144 403954 584414 669948
7.1a Growth (Per cent)   0.7 3.4 3.9 6.1 6.6
7a.1 Food Credit 75206 -81 23986 23442 9952 9610
7a.2 Non-food credit 10699609 71355 309158 380513 574462 660339

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. 26 Amount % Amount % Amount % Amount % Amount %
1 2 3 4 5 6 7 8 9 10 11 12
M3 16799963 18563933 143831 0.8 1026960 6.7 1763970 10.5 1405004 9.3 2104906 12.8
1 Components (1.1.+1.2+1.3+1.4)                        
1.1 Currency with the Public 2349748 2735013 -10489 -0.4 203217 9.9 385264 16.4 227514 11.2 479586 21.3
1.2 Demand Deposits with Banks 1737692 1824670 71584 4.1 -47643 -2.9 86977 5.0 163056 11.5 245800 15.6
1.3 Time Deposits with Banks 12674016 13959477 81246 0.6 868570 7.4 1285461 10.1 1007484 8.7 1369304 10.9
1.4 ‘Other’ Deposits with Reserve Bank 38507 44774 1491 3.4 2816 8.9 6267 16.3 6950 25.2 10216 29.6
2 Sources (2.1+2.2+2.3+2.4-2.5)                        
2.1 Net Bank Credit to Government 4960362 5770699 -81497 -1.4 595414 13.6 810337 16.3 453877 10.0 786795 15.8
2.1.1 Reserve Bank 992192 1064827 -74810   188588   72635   76477   74288  
2.1.2 Other Banks 3968170 4705872 -6686 -0.1 406826 11.3 737702 18.6 377400 10.4 712507 17.8
2.2 Bank Credit to Commercial Sector 11038644 11433792 72395 0.6 376726 3.6 395147 3.6 639540 6.3 674347 6.3
2.2.1 Reserve Bank 13166 8625 210   -11584   -4541   -4090   4846  
2.2.2 Other Banks 11025478 11425167 72185 0.6 388310 3.7 399688 3.6 643630 6.4 669500 6.2

8. Liquidity Operations by RBI
(₹ Crore)
Date Liquidity Adjustment Facility MSF* Standing Liquidity Facilities Market Stabi lisation Scheme OMO (Outright) Long Term Repo Opera tions
&
Targeted Long Term Repo Opera tions# 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 Reverse Repo Sale Purchase
1 2 3 4 5 6 7 8 9 10 11 12 13 14
Mar. 8, 2021 471854 0 -471854
Mar. 9, 2021 496861 0 25 -496836
Mar. 10, 2021 453691 0 -453691
Mar. 11, 2021 36932 819 -36113
Mar. 12, 2021 476649 200007 23 –250 10895 20330 -667448
Mar. 13, 2021 6600 3 -6597
Mar. 14, 2021 1557 78 -1479
*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: 2020-2021/1276

[ad_2]

CLICK HERE TO APPLY

Reserve Bank of India – Press Releases

[ad_1]

Read More/Less


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 24, 2021
(Wednesday)
March 25, 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 24, 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 25, 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: 2020-2021/1275

[ad_2]

CLICK HERE TO APPLY

Reserve Bank of India – Press Releases

[ad_1]

Read More/Less


The rate of interest on Government of India Floating Rate Bond, 2033 (GOI FRB 2033) applicable for the half year March 22, 2021 to September 21, 2021 shall be 4.70 percent per annum.

It may be recalled that FRB, 2033 will carry a coupon, which will have a Base rate equivalent to the average of the Weighted Average Yield (WAY) of last 3 auctions (from the rate fixing day i.e. March 22, 2021) of 182 Day T-Bills, plus a fixed spread (1.22%).

Ajit Prasad
Director   

Press Release: 2020-2021/1274

[ad_2]

CLICK HERE TO APPLY

Reserve Bank of India – Press Releases

[ad_1]

Read More/Less


The 588th meeting of the Central Board of Directors of Reserve Bank of India was held under the Chairmanship of Shri Shaktikanta Das, Governor, through video conferencing.

The Board in its meeting reviewed the current economic situation, global and domestic challenges and various areas of operations of the Reserve Bank. The Board also discussed the Reserve Bank’s activities during the current accounting year of nine months (July 2020 to March 2021) before the Reserve Bank switches over to April-March accounting year from 2021-22. The Board also approved the budget for the accounting year 2021-22.

Deputy Governors Shri B.P. Kanungo, Shri Mahesh Kumar Jain, Dr. Michael Debabrata Patra and Shri M. Rajeshwar Rao and other Directors of the Central Board – Shri N. Chandrasekaran, Shri Satish K. Marathe, Shri S. Gurumurthy, Ms Revathy Iyer and Prof. Sachin Chaturvedi attended the meeting. Shri Debasish Panda Secretary, Department of Financial Services and Shri Tarun Bajaj, Secretary, Department of Economic Affairs also attended the meeting.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2020-2021/1273

[ad_2]

CLICK HERE TO APPLY

Reserve Bank of India – Press Releases

[ad_1]

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

[ad_2]

CLICK HERE TO APPLY

Reserve Bank of India – Press Releases

[ad_1]

Read More/Less


The results of the auctions of 5.15% Government Stock 2025 (Re-Issue), 5.85% Government Stock 2030 (Re-Issue), 6.76% Government Stock 2061 (Re-Issue) held on March 19, 2021 are:

Auction Results 5.15% Government Stock 2025* 5.85% Government Stock 2030** 6.76% Government Stock 2061
I. Notified Amount ₹ 11000 Crore ₹ 11000 Crore ₹ 7000 Crore
II. Underwriting Notified Amount ₹ 11000 Crore ₹ 11000 Crore ₹ 0 Crore
III. Competitive Bids Received      
(i) Number 275 253 49
(ii) Amount ₹ 31535.701 Crore ₹ 27240.661 Crore ₹ 12515 Crore
IV. Cut-off price / Yield 97.42 97.37 99.17
(YTM: 5.7914%) (YTM: 6.2138%) (YTM: 6.8202%)
V. Competitive Bids Accepted      
(i) Number 90 132 1
(ii) Amount ₹ 12999.8 Crore ₹ 12990.808 Crore ₹ 6998.603 Crore
VI. Partial Allotment Percentage of Competitive Bids 96.42% 33.16% 99.98%
(14 Bids) (8 Bids) (1 Bids)
VII. Weighted Average Price/Yield ₹ 97.4500 ₹ 97.4400 ₹ 99.1700
(WAY: 5.7838%) (WAY: 6.2040%) (WAY: 6.8202%)
VIII. Non-Competitive Bids Received      
(i) Number 2 4 3
(ii) Amount ₹ 0.2 Crore ₹ 9.192 Crore ₹ 1.397 Crore
IX. Non-Competitive Bids Accepted      
(i) Number 2 4 3
(ii) Amount ₹ 0.2 Crore ₹ 9.192 Crore ₹ 1.397 Crore
(iii) Partial Allotment Percentage 100% (0 Bids) 100% (0 Bids) 100% (0 Bids)
X. Amount of Underwriting accepted from Primary Dealers ₹ 11000 Crore ₹ 11000 Crore ₹ 0 Crore
XI. Devolvement on Primary Dealers 0 0 0
* Green shoe amount of ₹2,000 crore has been accepted
** Green shoe amount of ₹2,000 crore has been accepted

Ajit Prasad
Director   

Press Release: 2020-2021/1271

[ad_2]

CLICK HERE TO APPLY

Reserve Bank of India – Press Releases

[ad_1]

Read More/Less


    5.15% GS 2025* 5.85% GS 2030** 6.76% GS 2061
I. Notified Amount ₹11,000 cr ₹11,000 cr ₹7,000 cr
II. Cut off Price / Implicit Yield at cut-off 97.42/5.7914% 97.37/6.2138% 99.17/6.8202%
III. Amount accepted in the auction ₹13000 cr ₹13000 cr ₹7,000 cr
IV. Devolvement on Primary Dealers Nil Nil Nil
* Green shoe amount of ₹2,000 crore has been accepted
** Green shoe amount of ₹2,000 crore has been accepted

Ajit Prasad
Director   

Press Release: 2020-2021/1270

[ad_2]

CLICK HERE TO APPLY

1 118 119 120 121 122 157