Category: Press Releases

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less


The Reserve Bank of India (RBI) has, by an order dated August 26, 2021, imposed a monetary penalty of ₹25 lakh (Rupees twenty-five lakh only) on New India Co-operative Bank Ltd., Mumbai, Maharashtra (the bank) for non-compliance with directions issued by RBI contained in the circular on ‘Frauds in UCBs: Changes in monitoring and reporting mechanism’ dated May 19, 2016. This penalty has been imposed in exercise of powers vested in RBI under section 47 A (1) (c) read with sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949.

This action is based on deficiency 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, 2019 and the Inspection Report (IR) pertaining thereto, and examination of all related correspondence revealed, inter alia, non-compliance with aforesaid directions issued by 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 contravention of the directions issued by RBI. After considering the bank’s reply to the notice and oral submissions made in the personal hearing, RBI came to the conclusion that the aforesaid charge was substantiated and warranted imposition of monetary penalty.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/765

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less


(Amount in Crore of ₹)
  SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS
14-Aug-20 30-JUL-2021* 13-AUG-2021* 14-Aug-20 30-JUL-2021* 13-AUG-2021*
I LIABILITIES TO THE BKG.SYSTEM (A)            
  a) Demand & Time deposits from bks. 221539.16 180793.83 174122.71 226553.32 184988.61 178275.81**
  b) Borrowings from banks 54621.22 40920.07 39456.25 54629.22 40937.57 39456.25
  c) Other demand & time liabilities 15718.66 18106.51 18778.92 15916.42 18368.77 19042.55
II LIABILITIES TO OTHERS (A)            
  a) Deposits (other than from banks) 14080509.96 15549095.6 15569905.81 14494250.37 15970329.96 15987034.65
  i) Demand 1463566.87 1834965.02 1794297.79 1498626.67 1875357.57 1834096.78
  ii) Time 12616943.09 13714130.6 13775608.02 12995623.7 14094972.41 14152937.87
  b) Borrowings @ 266457.93 243052.28 239689.53 270873.49 248917.71 241824.25
  c) Other demand & time liabilities 533042.46 573603.97 564249.49 545671.68 584608.48 575782.66
III BORROWINGS FROM R.B.I. (B) 253356.61 91796 91750.33 253356.61 91796 91750.33
  Against usance bills and / or prom. Notes 0     0    
IV CASH 87901.08 96153.28 94523.83 89993.88 98125.95 96404.45
V BALANCES WITH R.B.I. (B) 436470.49 674996.87 672481.48 449661.97 692516.17 689784.38
VI ASSETS WITH BANKING SYSTEM            
  a) Balances with other banks            
  i) In current accounts 15232.85 18316 19942.09 17324.45 20982.07 22342.76
  ii) In other accounts 139249.62 124422.59 122502.32 171242.25 156482.91 154496.8
  b) Money at call & short notice 12710.47 7856.24 7488.05 34669.33 23233.41 22342.24
  c) Advances to banks (i.e. due from bks.) 23039.25 23029.93 24524.26 23641.01 23897.62 25060.21£
  d) Other assets 37474.05 24743.21 24661.62 43024.53 27233.3 26964.59
VII INVESTMENTS (At book value) 4315166.27 4644187.68 4613646.55 4444267.16 4784826 4754118.06
  a) Central & State Govt. securities+ 4313713.53 4642818.53 4612100.58 4436202.14 4777341.65 4746579.86
  b) Other approved securities 1452.74 1369.15 1545.95 8065.02 7484.35 7538.19
VIII BANK CREDIT (Excluding Inter Bank Advance) 10219501.78 10910566.8 10888846.34 10551799.07 11248511.74 11228140.43
  a) Loans, cash credits & Overdrafts $ 10054270.82 10705238.94 10684014.58 10384673.03 11041167.27 11021221.02
  b) Inland Bills purchased 19472.99 30452.49 31195.72 19750.74 30467.51 31226.6
  c) Inland Bills discounted 102614.3 123424.09 124155.19 103596.12 124753.45 125541.06
  d) Foreign Bills purchased 16904.06 19079.77 18882.39 17123.27 19260.94 19049.04
  e) Foreign Bills discounted 26239.61 32371.47 30598.47 26655.91 32862.52 31102.71
NOTE
* Provisional figures incorporated in respect of such banks as have not been able to submit final figures.
(A) Demand and Time Liabilities do not include borrowings of any Scheduled State Co-operative Bank from State Government and any reserve fund deposits maintained with such banks by any co-operative society within the areas of operation of such banks.
** This excludes deposits of Co-operative Banks with Scheduled State Co-operative Banks. These are included under item II (a).
@ Other than from Reserve Bank, National Bank for Agriculture and Rural Development and Export Import Bank of India.
(B) The figures relating to Scheduled Commercial Banks’ Borrowings in India from Reserve Bank and balances with Reserve Bank are those shown in the statement of affairs of the Reserve Bank. Borrowings against usance bills and/ or promissory notes are under Section 17(4)(c) of the Reserve Bank of India Act, 1934. Following a change in the accounting practise for LAF transactions with effect from July 11, 2014, as per the recommendations of Malegam Committee formed to review the Format of Balance Sheet and the Profit and Loss Account of the Bank, the transactions in case of Repo/ Term Repo/MSF are reflected under “Borrowings from RBI”.
£ This excludes advances granted by Scheduled State Co-operative Banks to Co-operative banks. These are included under item VIII (a).
+ Includes Treasury Bills, Treasury Deposits, Treasury Savings Certificates and postal obligations.
$ Includes advances granted by Scheduled Commercial Banks and State Co-operative Banks to Public Food Procurement Agencies (viz. Food Corporation of India, State Government and their agencies under the Food consortium).

Food Credit Outstanding as on
(₹ in Crore)
Date 14-Aug-20 30-Jul-21 13-Aug-21
Scheduled Commercial Banks 73082.15 77477.65 72012.2
State Co-operative Banks 30404.59 35818.33 35818.06

The expression ‘ Banking System ‘ or ‘ Banks ‘ means the banks and any other financial institution referred to in sub-clauses (i) to (vi) of clause (d) of the explanation below Section 42(1) of the Reserve Bank of India Act, 1934.

No. of Scheduled Commercial Banks as on Current Fortnight:134

Ajit Prasad
Director   

Press Release: 2021-2022/764

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less


1. Reserve Bank of India – Liabilities and Assets*
(₹ Crore)
Item 2020 2021 Variation
Aug. 21 Aug. 13 Aug. 20 Week Year
1 2 3 4 5
4 Loans and Advances          
4.1 Central Government – – – – –
4.2 State Governments 5810 10175 9992 -183 4183
* Data are provisional.

2. Foreign Exchange Reserves
Item As on August 20,
2021		 Variation over
Week End-March 2021 Year
₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn. ₹ Cr. US$ Mn.
1 2 3 4 5 6 7 8
1 Total Reserves 4588475 616895 -10917 -2470 369522 39911 565115 79348
1.1 Foreign Currency Assets 4261979 573009 -18145 -3365 337811 36316 563311 78841
1.2 Gold 277056 37249 7225 913 29333 3369 -1851 -15
1.3 SDRs 11461 1541 -3 -3 598 55 376 60
1.4 Reserve Position in the IMF 37979 5096 6 -15 1781 172 3279 462
*Difference, if any, is due to rounding off

4. Scheduled Commercial Banks – Business in India
(₹ Crore)
Item Outstanding
as on Aug. 13, 2021		 Variation over
Fortnight Financial year so far Year-on-year
2020-21 2021-22 2020 2021
1 2 3 4 5 6
2 Liabilities to Others            
2.1 Aggregate Deposits 15569906 20810 513018 456393 1400469 1489396
2.1a Growth (Per cent)   0.1 3.8 3.0 11.0 10.6
2.1.1 Demand 1794298 -40667 -153436 -66895 147624 330731
2.1.2 Time 13775608 61477 666454 523288 1252846 1158665
2.2 Borrowings 239690 -3363 -42981 -4335 -90677 -26768
2.3 Other Demand and Time Liabilities 564249 -9354 -70633 -92358 17721 31207
7 Bank Credit 10888846 -21720 -151359 -60663 534940 669345
7.1a Growth (Per cent)   –0.2 –1.5 –0.6 5.5 6.5
7a.1 Food Credit 72012 -5465 21318 10758 7862 -1070
7a.2 Non-food credit 10816834 -16255 -172677 -71421 527078 670415

6. Money Stock: Components and Sources
(₹ Crore)
Item Outstanding as on Variation over
2021 Fortnight Financial Year so far Year-on-Year
2020-21 2021-22 2020 2021
Mar. 31 Aug. 13 Amount % Amount % Amount % Amount % Amount %
1 2 3 4 5 6 7 8 9 10 11 12
M3 18844578 19403692 32168 0.2 761551 4.5 559115 3.0 1962348 12.6 1842178 10.5
1 Components (1.1.+1.2+1.3+1.4)                        
1.1 Currency with the Public 2751828 2854537 15268 0.5 244066 10.4 102708 3.7 487518 23.1 260723 10.1
1.2 Demand Deposits with Banks 1995120 1929693 -41381 -2.1 -153422 -8.8 -65427 –3.3 153864 10.8 345423 21.8
1.3 Time Deposits with Banks 14050278 14573563 58478 0.4 669872 5.3 523284 3.7 1311943 10.9 1229675 9.2
1.4 ‘Other’ Deposits with Reserve Bank 47351 45899 -197 -0.4 1035 2.7 -1452 –3.1 9023 29.6 6357 16.1
2 Sources (2.1+2.2+2.3+2.4-2.5)                        
2.1 Net Bank Credit to Government 5850374 6093417 40693 0.7 574348 11.6 243043 4.2 684419 14.1 558706 10.1
2.1.1 Reserve Bank 1099686 1188427 71454   -12348   88742   -109621   208583  
2.1.2 Other Banks 4750689 4904990 -30762 -0.6 586696 14.8 154301 3.2 794040 21.1 350123 7.7
2.2 Bank Credit to Commercial Sector 11668466 11600369 -23261 -0.2 -159473 -1.4 -68097 –0.6 582490 5.7 721198 6.6
2.2.1 Reserve Bank 8709 8698 125   -1553   -11   3808   -2915  
2.2.2 Other Banks 11659757 11591671 -23386 -0.2 -157920 -1.4 -68086 –0.6 578682 5.6 724113 6.7

8. Liquidity Operations by RBI
(₹ Crore)
Date Liquidity Adjustment Facility MSF* Standing Liquidity Facilities Market Stabil isation Scheme OMO (Outright) Long Term Repo Oper ations& Targeted Long Term Repo Oper ations# Special Long-Term Repo Operations for Small Finance Banks Special Reverse Repo£ Net Injection (+)/ Absorption (-) (1+3+5+ 6+9+10+ 11+12-2 -4-7-8-13)
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
Aug. 16, 2021 – 62341 – – 2532 – – – – – – – – -59809
Aug. 17, 2021 – 631751 – – 48 – – – – – – 250 – -631453
Aug. 18, 2021 – 583509 – – 0 – – – – – – – – -583509
Aug. 19, 2021 – 62223 – – 1008 – – – – – – – – -61215
Aug. 20, 2021 – 539812 – – 0 – – – – – – – – -539812
Aug. 21, 2021 – 34471 – – 42 – – – – – – – – -34429
Aug. 22, 2021 – 4743 – – 8 – – – – – – – – -4735
* 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) and On Tap Targeted Long Term Repo Operations. Negative (-) sign indicates repayments done by Banks.
& Negative (-) sign indicates repayments done by Banks.
£ As per Press Release No. 2021-2022/177 dated May 07, 2021. From June 18, 2021, the data also includes the amount absorbed as per the Press Release No. 2021-2022/323 dated June 04, 2021.

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: 2021-2022/763

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

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 9,000 September 01, 2021
(Wednesday)		 September 02, 2021
(Thursday)
2 182 Days 4,000
3 364 Days 4,000
  Total 17,000    

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, September 01, 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, September 02, 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: 2021-2022/761

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less


The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹ 16,100 Cr. (Face Value).

Sr. No. State/ UT Amount to be raised
(₹ Cr)		 Additional Borrowing (Greenshoe) Option
(₹ Cr)		 Tenure
(Yrs)		 Type of Auction
1 Andhra Pradesh 1000   14 Yield
2 Assam 500   3 Yield
3 Gujarat 1000 500 6 Yield
4 Haryana 1000   10 Yield
5 Himachal Pradesh 500   10 Yield
500   11 Yield
6 Jammu and Kashmir 600   15 Yield
7 Kerala 2000   13 Yield
1500   18 Yield
8 Madhya Pradesh 2000   5 Yield
9 Punjab 250   15 Yield
1250   Re-issue of 6.97% Punjab SDL 2031 Issued on August 18, 2021 Price
10 Rajasthan 1500   10 Yield
11 Telangana 1000   14 Yield
12 West Bengal 1500   30 Yield
  TOTAL 16100      

The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on August 31, 2021 (Tuesday). The Government Stock up to 10% of the notified amount of the sale of each stock will be allotted to eligible individuals and institutions subject to a maximum limit of 1% of its notified amount for a single bid per stock as per the Scheme for Non-competitive Bidding Facility.

Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on August 31, 2021 (Tuesday). The non-competitive bids should be submitted between 10.30 A.M. and 11.00 A.M. and the competitive bids should be submitted between 10.30 A.M. and 11.30 A.M.

In case of technical difficulties, Core Banking Operations Team (email; Phone no: 022-27595666, 022-27595415, 022-27523516) may be contacted.

For other auction related difficulties, IDMD auction team can be contacted (email; Phone no: 022-22702431, 022-22705125).

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.

The yield percent per annum expected by the bidder should be expressed up to two decimal points. An investor can submit more than one competitive bid at same/different rates of yield or prices in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system. However, the aggregate amount of bids submitted by a bidder should not exceed the notified amount for each State.

The Reserve Bank of India will determine the maximum yield /minimum price at which bids will be accepted. Securities will be issued for a minimum nominal amount of ₹10,000.00 and multiples of ₹10,000.00 thereafter.

The results of the auction will be announced on August 31, 2021 (Tuesday) and payment by successful bidders will be made during banking hours on September 01, 2021 (Wednesday). at Mumbai and at respective Regional Offices of RBI.

The State Government Stocks will bear interest at the rates determined by RBI at the auctions. For the new securities, interest will be paid half yearly on March 01 and September 01 of each year till maturity. The Stocks will be governed by the provisions of the Government Securities Act, 2006 and Government Securities Regulations, 2007.

The investment in State Government Stocks will be reckoned as an eligible investment in Government Securities by banks for the purpose of Statutory Liquidity Ratio (SLR) under Section 24 of the Banking Regulation Act, 1949. The stocks will qualify for the ready forward facility.

Ajit Prasad
Director   

Press Release: 2021-2022/760

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less


The Reserve Bank of India (RBI) has, by an order dated August 26, 2021, imposed a monetary penalty of ₹5 lakh (Rupees Five Lakh only) on Seyad Shariat Finance Limited, Tirunelveli, Tamil Nadu (the company), for non-compliance with certain provisions of the “Reserve Bank of India (Know Your Customer (KYC) Directions, 2016”. The penalty has been imposed in exercise of powers vested in RBI under the provisions of clause (b) of sub-section (1) of section 58 G read with clause (aa) of sub-section (5) of section 58 B of the Reserve Bank of India Act, 1934, taking into account the failure of the company to adhere to the aforesaid RBI directions.

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 company with its customers.

Background

The statutory inspection of Seyad Shariat Finance Limited, with reference to its financial position as on March 31, 2017 and March 31, 2019 and the Inspection Reports pertaining thereto, revealed non-compliance with the statutory directions, including, inter alia, the company’s failure to ensure categorization of customers based on risk assessment and risk perception. In furtherance to the same, a notice was issued to the company advising it to show cause why penalty should not be imposed on it for failure to comply with the directions issued by RBI. After considering the company’s reply to the notice, RBI came to the conclusion that the charge of non-compliance with the aforesaid RBI directions was substantiated and warranted imposition of monetary penalty.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/754

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less


The Reserve Bank of India (RBI) has imposed, by an order dated August 26, 2021, a monetary penalty of ₹3 lakh (Rupees Three lakh only) on Jijamata Mahila Sahakari Bank, Pune, Maharashtra (the bank) for contravention of/non-compliance with the directions issued by RBI on Exposure Norms and Statutory / Other Restrictions – UCBs. 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 the RBI.

The 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 inspection report of the bank based on its financial position as on March 31, 2019, revealed that the bank had, inter alia, not adhered to the ceiling on advances to nominal members. Based on 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 direction.

After considering the bank’s reply to the Notice and oral submissions made during the personal hearing, RBI came to the conclusion that the aforesaid charges of non-compliance with the RBI direction was substantiated and warranted imposition of monetary penalty.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/753

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less


The Reserve Bank of India (RBI) has imposed, by an order dated August 26, 2021, a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on The Muslim Co-operative Bank Limited, Pune, Maharashtra (the bank) for contravention of/non-compliance with the directions issued by RBI on ‘Know Your Customer (KYC)’. 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.

The 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 inspection report of the bank based on its financial position as on March 31, 2019, revealed, inter alia, that the bank had not done periodic KYC updation of accounts. Based on 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 direction.

After considering the bank’s reply to the Notice and oral submissions made during the personal hearing, RBI came to the conclusion that the aforesaid charge of non-compliance with the RBI direction was substantiated and warranted imposition of monetary penalty.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/752

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Press Releases

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

Leave a comment

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less


I. SUMMARY – PURCHASE RESULTS

Aggregate Amount (Face Value) notified by RBI : ₹25,000 crore
Total amount offered (Face Value) by participants : ₹72,822 crore
Total amount accepted (Face Value) by RBI : ₹25,000 crore

II. DETAILS OF PURCHASE ISSUE

Security 7.59% GS 2026 8.28% GS 2027 7.59% GS 2029 7.88% GS 2030 6.64% GS 2035
No. of offers received 76 52 89 82 267
Total amount (face value) offered (₹ in crore) 8,762 4,686 12,739 8,614 38,021
No. of offers accepted 20 14 39 29 50
Total offer amount (face value) accepted by RBI (₹ in crore) 4,496 2,105 7,622 4,376 6,401
Cut off yield (%) 5.6935 6.0700 6.3421 6.4527 6.8192
Cut off price (₹) 107.24 111.07 107.40 109.27 98.40
Weighted average yield (%) 5.7336 6.0888 6.3856 6.4629 6.8215
Weighted average price (₹) 107.08 110.97 107.13 109.20 98.38
Partial allotment % of competitive offers at cut off price NA NA NA NA 64.26

Ajit Prasad
Director   

Press Release: 2021-2022/750

[ad_2]

CLICK HERE TO APPLY

Leave a comment
1 … 50 51 52 53 54 … 157