Reserve Bank of India – Press Releases
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Get Bank IFSC & MICR codes here.
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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 Press Release: 2020-2021/1276 |
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Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details:
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:
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 Press Release: 2020-2021/1275 |
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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 Press Release: 2020-2021/1274 |
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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) Press Release: 2020-2021/1273 |
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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:
Ajit Prasad Press Release: 2020-2021/1271 |
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Ajit Prasad Press Release: 2020-2021/1270 |
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