Category: Press Releases

The Reserve Bank of India has launched the 54th round of its Order Books, Inventories and Capacity Utilisation Survey (OBICUS). The survey is for the reference period April-June 2021 (Q1:2021-22).

The Reserve Bank has been conducting the Order Books, Inventories and Capacity Utilisation Survey (OBICUS) of the manufacturing sector on a quarterly basis since 2008. The information collected in the survey includes quantitative data on new orders received during the reference quarter, backlog of orders at the beginning of the quarter, pending orders at the end of the quarter, total inventories with a breakup between finished goods (FG), work-in-progress (WiP) and Raw material (RM) inventories at the end of the quarter, item-wise production in terms of quantity and value during the quarter vis-à-vis the installed capacity from the targeted group and the reasons for changes in production / installed capacity during the quarter. The level of capacity utilisation (CU) is estimated from these responses. The survey provides valuable input for monetary policy formulation.

The survey findings are released on the website of the Bank regularly. The latest results pertaining to the quarter January-March 2021 will be released shortly.

During this quarter, selected manufacturing companies will be approached by the Bank. Other manufacturing companies may also participate in the survey by downloading the survey questionnaire from the Reserve Bank’s website https://www.rbi.org.in. The survey questionnaire is placed under the head ‘Forms’ (available under the ‘More Links’ at the bottom of the home page) and sub-head ‘Survey’. The duly authenticated filled-in survey schedule may be e-mailed as per contact details provided in the survey schedule.

Company level data are treated as confidential and never disclosed.

In case of any query/clarification, kindly contact us at the following address:

The Director, Division of Enterprise Surveys, Department of Statistics and Information Management, Reserve Bank of India, C-8, 2nd floor, Bandra-Kurla Complex, Bandra (East), Mumbai-400051, Phone-022-26578235/279; Please click here to send email.

Ajit Prasad
Director   

Press Release: 2021-2022/493

Sr. No. State/ UT Notified Amount (₹ Cr) Amount Accepted (₹ Cr) Cut off Price (₹) / Yield (%) Tenure (Yrs) 1 Andhra Pradesh 1000 1000 7.15 16 1000 1000 7.19 17 2 Assam 500 500 6.33 5 3 Bihar 2000 2000 6.75 6 4 Chhattisgarh 1000 1000 6.82 7 5 Goa 100 100 6.99 10 6 Gujarat 1000 1000 6.91 9 7 Maharashtra* 1000 1500 6.94 10 1000 1000 7.01 11 8 Mizoram 100 100 7.12 13 9 Punjab 1200 1200 99.71/6.9905 Re-issue of 6.95% Punjab SDL 2031 issued on June 30, 2021 10 Rajasthan 1000 1000 6.97 10 11 Tamil Nadu 1000 1000 6.95 10 1000 1000 99.07/6.9604 Re-issue of 6.83% Tamil Nadu SDL 2031 issued on June 23, 2021 12 West Bengal 1500 1500 6.83 7 TOTAL 14,400 14,900   * Maharashtra has accepted an additional amount of ₹ 500 crore in the 10 year Security. Ajit Prasad Director    Press Release: 2021-2022/492

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

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

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

(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, 04/07/2021 1 Mon, 05/07/2021 8,623.00 3.35     (iii) Special Reverse Repo~               (iv) Special Reverse Repoψ           2. Variable Rate&             (I) Main Operation                (a) Reverse Repo             (II) Fine Tuning Operations                (a) Repo                (b) Reverse Repo           3. MSF Sun, 04/07/2021 1 Mon, 05/07/2021 5.00 4.25 4. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£           5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -8,618.00   II. Outstanding Operations 1. Fixed Rate                (i) Repo               (ii) Reverse Repo Sat, 03/07/2021 2 Mon, 05/07/2021 39,103.00 3.35   Fri, 02/07/2021 3 Mon, 05/07/2021 4,66,876.00 3.35     (iii) Special Reverse Repo~ Fri, 02/07/2021 14 Fri, 16/07/2021 1,881.00 3.75     (iv) Special Reverse Repoψ Fri, 02/07/2021 14 Fri, 16/07/2021 61.00 3.75 2. Variable Rate&             (I) Main Operation                (a) Reverse Repo Fri, 02/07/2021 14 Fri, 16/07/2021 2,00,018.00 3.46   (II) Fine Tuning Operations                (a) Repo                (b) Reverse Repo           3. MSF Sat, 03/07/2021 2 Mon, 05/07/2021 1,202.00 4.25   Fri, 02/07/2021 3 Mon, 05/07/2021 121.00 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 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 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 D. Standing Liquidity Facility (SLF) Availed from RBI$       19,187.82   E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -6,04,136.18   F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -6,12,754.18   G. Cash Reserves Position of Scheduled Commercial Banks      (i) Cash balances with RBI as on 04/07/2021 6,12,893.32        (ii) Average daily cash reserve requirement for the fortnight ending 16/07/2021 6,19,975.00   H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ 02/07/2021 0.00   I. Net durable liquidity [surplus (+)/deficit (-)] as on 18/06/2021 9,04,119.00   @ 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. £ 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: 2021-2022/488

(Amount in ₹ crore, Rate in Per cent)   Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 8,098.45 3.16 2.29-3.30      I. Call Money 947.95 2.90 2.70-3.30      II. Triparty Repo 7,150.50 3.19 2.29-3.30      III. Market Repo 0.00   –      IV. Repo in Corporate Bond 0.00   – B. Term Segment            I. Notice Money** 8.85 2.75 2.75-2.75      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 Sat, 03/07/2021 2 Mon, 05/07/2021 39,103.00 3.35     (iii) Special Reverse Repo~               (iv) Special Reverse Repoψ           2. Variable Rate&             (I) Main Operation                (a) Reverse Repo             (II) Fine Tuning Operations                (a) Repo                (b) Reverse Repo           3. MSF Sat, 03/07/2021 2 Mon, 05/07/2021 1,202.00 4.25 4. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£           5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -37,901.00   II. Outstanding Operations 1. Fixed Rate                (i) Repo               (ii) Reverse Repo Fri, 02/07/2021 3 Mon, 05/07/2021 4,66,876.00 3.35     (iii) Special Reverse Repo~ Fri, 02/07/2021 14 Fri, 16/07/2021 1,881.00 3.75     (iv) Special Reverse Repoψ Fri, 02/07/2021 14 Fri, 16/07/2021 61.00 3.75 2. Variable Rate&             (I) Main Operation                (a) Reverse Repo Fri, 02/07/2021 14 Fri, 16/07/2021 2,00,018.00 3.46   (II) Fine Tuning Operations                (a) Repo                (b) Reverse Repo           3. MSF Fri, 02/07/2021 3 Mon, 05/07/2021 121.00 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 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 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 D. Standing Liquidity Facility (SLF) Availed from RBI$       19,187.82   E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -5,66,235.18   F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -6,04,136.18   G. Cash Reserves Position of Scheduled Commercial Banks      (i) Cash balances with RBI as on 03/07/2021 6,20,971.09        (ii) Average daily cash reserve requirement for the fortnight ending 16/07/2021 6,19,975.00   H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ 02/07/2021 0.00   I. Net durable liquidity [surplus (+)/deficit (-)] as on 18/06/2021 9,04,119.00   @ 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. £ 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: 2021-2022/487

(Amount in ₹ crore, Rate in Per cent)   Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 2,318.35 3.10 1.24-3.40      I. Call Money 760.60 2.87 2.70-3.25      II. Triparty Repo 1,557.75 3.21 1.24-3.40      III. Market Repo 0.00   –      IV. Repo in Corporate Bond 0.00   – B. Term Segment            I. Notice Money** 6,000.86 3.14 1.90-3.40      II. Term Money@@ 116.50 – 3.10-3.40      III. Triparty Repo 3,08,558.40 3.23 3.20-3.26      IV. Market Repo 1,00,695.99 3.22 1.99-3.70      V. Repo in Corporate Bond 530.00 3.47 3.47-3.47

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, 02/07/2021 3 Mon, 05/07/2021 4,66,876.00 3.35     (iii) Special Reverse Repo~ Fri, 02/07/2021 14 Fri, 16/07/2021 1,881.00 3.75     (iv) Special Reverse Repoψ Fri, 02/07/2021 14 Fri, 16/07/2021 61.00 3.75 2. Variable Rate&             (I) Main Operation                (a) Reverse Repo Fri, 02/07/2021 14 Fri, 16/07/2021 2,00,018.00 3.46   (II) Fine Tuning Operations                (a) Repo                (b) Reverse Repo           3. MSF Fri, 02/07/2021 3 Mon, 05/07/2021 121.00 4.25 4. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£           5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -6,68,715.00   II. Outstanding Operations 1. Fixed Rate                (i) Repo               (ii) Reverse Repo               (iii) Special Reverse Repo~               (iv) Special Reverse Repoψ           2. Variable Rate&             (I) Main Operation                (a) Reverse Repo             (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 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 D. Standing Liquidity Facility (SLF) Availed from RBI$       19,187.82   E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     1,02,479.82   F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -5,66,235.18   G. Cash Reserves Position of Scheduled Commercial Banks      (i) Cash balances with RBI as on 02/07/2021 6,57,893.57        (ii) Average daily cash reserve requirement for the fortnight ending 02/07/2021 6,19,074.00   H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ 02/07/2021 0.00   I. Net durable liquidity [surplus (+)/deficit (-)] as on 18/06/2021 9,04,119.00   @ 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. £ 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: 2021-2022/486

(Amount in Crore of ₹)   SCHEDULED COMMERCIAL BANKS (Including RRBs) ALL SCHEDULED BANKS 19-Jun-20 04-JUN-2021* 18-JUN-2021* 19-Jun-20 04-JUN-2021* 18-JUN-2021* I LIABILITIES TO THE BKG.SYSTEM (A)               a) Demand & Time deposits from bks. 248891.91 174658.78 185044.24 254127.85 179080.37 189393.80 **   b) Borrowings from banks 57419.95 40075.25 40806.64 57419.95 40293.19 41211.54   c) Other demand & time liabilities 16653.99 17954.19 18550.77 16810.59 18196.99 18793.65 II LIABILITIES TO OTHERS (A)               a) Deposits (other than from banks) 13867127.49 15313152.13 15298538.53 14283944.09 15735023.34 15717031.68   i) Demand 1452440.07 1730275.65 1754133.07 1487752.32 1770642.74 1794124.75   ii) Time 12414687.42 13582876.47 13544405.48 12796191.77 13964380.58 13922906.96   b) Borrowings@ 286868.97 242474.77 249201.03 291230.92 247964.14 254758.66   c) Other demand & time liabilities 519503.15 589909.66 631790.99 532521.09 601794.54 643668.13 III BORROWINGS FROM R.B.I. (B) 290757 90017.34 90886.34 290757 90017.34 90886.34   Against usance bills and / or prom. Notes             IV CASH 87386.1 88236.93 89965.4 89773.04 90166.94 91955.99 V BALANCES WITH R.B.I. (B) 451363.4 665049.48 669031.86 463980.12 682301.09 686133.8 VI ASSETS WITH BANKING SYSTEM               a) Balances with other banks               i) In current accounts 17245.22 15760.95 17291.83 19552.4 18022.07 19583.91   ii) In other accounts 153837.27 123774.38 123732.78 187632.64 155258.96 154901.75   b) Money at call & short notice 16617.74 7527.82 9408.47 42605.22 25496.86 27284.45   c) Advances to banks (i.e. due from bks.) 24076.08 15359.53 18194.35 25307.29 17253.67 19877.99 £   d) Other assets 48013.3 25235.88 25262.49 54523.76 27897.73 27817.04 VII INVESTMENTS (At book value) 4142391.6 4628272.91 4581890.5 4265324.62 4765385.1 4718611.37   a) Central & State Govt. securities+ 4141319.96 4626856.57 4580596.58 4257357.41 4758138.67 4711592.36   b) Other approved securities 1071.64 1416.34 1293.93 7967.21 7246.43 7019.02 VIII BANK CREDIT (Excluding Inter Bank Advance) 10245677.47 10843424.71 10841865.69 10577567.28 11180251.74 11178417.98   a) Loans, cash credits & Overdrafts$ 10060797.07 10644121.03 10643671.31 10390763.61 10978752.71 10978118.05   b) Inland Bills purchased 21444.62 28912.87 29498.93 21718.63 28928.29 29544.16   c) Inland Bills discounted 124947.5 119658.81 115295.71 125887.81 121066.21 116646.69   d) Foreign Bills purchased 14287.46 17405.7 18682 14504.93 17641.87 18876.71   e) Foreign Bills discounted 24200.83 33326.25 34717.64 24692.31 33862.6 35232.27 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 19-Jun-20 04-Jun-21 18-Jun-21 Scheduled Commercial Banks 89288.99 89976.07 86912.17 State Co-operative Banks 30406.26 35821 35818.62 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: June 18, 2021: 133 Ajit Prasad Director    Press Release : 2021-2022/485

On a review of market conditions and market borrowing program of the government, it has been decided that benchmark securities of tenor 2-year, 3-year, 5-year, 10-year, 14-year tenor and Floating Rate Bonds (FRBs) will be, henceforth, issued using uniform price auction method. For other benchmark securities i.e. 30-year and 40-year, the auction will continue to be multiple price-based auction, as hitherto. The above arrangement will continue till further review. (Yogesh Dayal)      Chief General Manager Press Release: 2021-2022/484