Press Releases – Page 83

Reserve Bank of India – Press Releases

June 7, 2021 root Press Releases

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The Reserve Bank of India (RBI) has imposed, by an order dated June 07, 2021, a monetary penalty of ₹2 crore (Rupees Two Crore only) on Punjab National Bank (the bank) for non-compliance of certain provisions of directions issued by RBI contained in the Master Directions on “Frauds – Classification and Reporting by commercial banks and select FIs” dated July 01, 2016 and, the circular on “Creation of a Central Repository of Large Common Exposures – Across Banks” dated September 11, 2013. The penalty has been imposed in exercise of powers vested in RBI under the provisions of 47A (1)(c) read with section 46(4)(i) and section 51(1) of the Banking Regulation Act, 1949.

This action is based on the 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 statutory Inspection for Supervisory Evaluation (ISE) of the bank was conducted by RBI with reference to its financial position as on March 31, 2018 (ISE 2018) and March 31, 2019 (ISE 2019). The examination of the risk assessment reports pertaining to ISE 2018 and 2019 revealed non-compliance with/contravention of the aforesaid directions, viz., delay in reporting of frauds and not ensuring data accuracy and integrity while submitting data on CRILC platform/ to 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 on it for such violations of the said directions.

After considering the bank’s reply to the notice, oral submissions made in the personal hearing and examination of additional submissions submitted by the bank, RBI came to the conclusion that the charges of non-compliance with/contravention of the aforesaid RBI directions were substantiated and warranted imposition of monetary penalty.

(Yogesh Dayal)
Chief General Manager

Press Release: 2021-2022/332

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The Reserve Bank of India (RBI) has imposed, by an order dated June 07, 2021, a monetary penalty of ₹4.00 crore (Rupees Four crore only) on Bank of India (the bank) for non-compliance with certain provisions of directions issued by RBI contained in the “Master Circular on KYC norms/AML standards/ CFT / Obligation of banks under PMLA, 2002” dated July 1, 2014, circular on “The Depositor Education and Awareness Fund Scheme, 2014 – Section 26A of Banking Regulation Act, 1949 – Operational Guidelines” dated May 27, 2014, “Master Circular on Frauds – Classification and Reporting” dated July 02, 2012 and circular on “Sale of Financial Assets of Doubtful Standard / Fraudulent Origin to Securitization Company (SC) / Reconstruction Company (RC) – Reporting Requirements” dated April 5, 2011. The 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 51 (1) of the Banking Regulation Act, 1949.

This action is based on the 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 statutory Inspection for Supervisory Evaluation (lSE) of the bank was conducted by RBI with reference to its financial position as on March 31, 2019. The bank had also conducted a review and submitted a Fraud Monitoring Report (FMR) dated January 1, 2019 pertaining to detection of fraud in an account. Examination of the risk assessment report pertaining to the ISE and the FMR revealed non-compliance with/contravention of the aforesaid directions, viz., breach of stipulated transaction limits; delay in transfer of unclaimed balances to DEA Fund; delay in reporting a fraud to RBI and sale of a fraudulent asset. In furtherance to the same, a notice was issued to the bank advising it to show cause why penalty should not be imposed on it for such violations of the said directions.

(Yogesh Dayal)
Chief General Manager

Press Release: 2021-2022/331

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June 7, 2021 root Press Releases

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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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June 7, 2021 root Press Releases

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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)	6,281.12	3.56	2.60-4.51
I. Call Money	899.77	3.07	2.60-3.70
II. Triparty Repo	5,381.35	3.64	3.30-4.51
III. Market Repo	0.00		–
IV. Repo in Corporate Bond	0.00		–
B. Term Segment
I. Notice Money**	23.90	2.77	2.75-2.80
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, 05/06/2021	2	Mon, 07/06/2021	35,574.00	3.35
(iii) Special Reverse Repo^~
2. Variable Rate^&
(I) Main Operation
(a) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo	–	–	–	–	–
3. MSF	Sat, 05/06/2021	2	Mon, 07/06/2021	1,021.00	4.25
4. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)^£
5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*				-34,553.00
II. Outstanding Operations
1. Fixed Rate
(i) Repo
(ii) Reverse Repo	Fri, 04/06/2021	3	Mon, 07/06/2021	3,58,822.00	3.35
(iii) Special Reverse Repo^~	Fri, 04/06/2021	14	Fri, 18/06/2021	150.00	3.75
2. Variable Rate^&
(I) Main Operation
(a) Reverse Repo	Fri, 04/06/2021	14	Fri, 18/06/2021	2,00,029.00	3.46
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo
3. MSF	Fri, 04/06/2021	3	Mon, 07/06/2021	0.00	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
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
D. Standing Liquidity Facility (SLF) Availed from RBI^$				1,662.00
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*				-4,74,857.00
F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*				-5,09,410.00
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on		05/06/2021		6,09,673.71
(ii) Average daily cash reserve requirement for the fortnight ending		18/06/2021		6,11,914.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on^¥		04/06/2021		0.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on		21/05/2021		8,43,197.00
^@ 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.
Ajit Prasad Director
Press Release: 2021-2022/328

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June 7, 2021 root Press Releases

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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)	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, 06/06/2021	1	Mon, 07/06/2021	999.00	3.35
(iii) Special Reverse Repo^~
2. Variable Rate^&
(I) Main Operation
(a) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo	–	–	–	–	–
3. MSF	Sun, 06/06/2021	1	Mon, 07/06/2021	38.00	4.25
4. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)^£
5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*				-961.00
II. Outstanding Operations
1. Fixed Rate
(i) Repo
(ii) Reverse Repo	Sat, 05/06/2021	2	Mon, 07/06/2021	35,574.00	3.35
	Fri, 04/06/2021	3	Mon, 07/06/2021	3,58,822.00	3.35
(iii) Special Reverse Repo^~	Fri, 04/06/2021	14	Fri, 18/06/2021	150.00	3.75
2. Variable Rate^&
(I) Main Operation
(a) Reverse Repo	Fri, 04/06/2021	14	Fri, 18/06/2021	2,00,029.00	3.46
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo
3. MSF	Sat, 05/06/2021	2	Mon, 07/06/2021	1,021.00	4.25
	Fri, 04/06/2021	3	Mon, 07/06/2021	0.00	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
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
D. Standing Liquidity Facility (SLF) Availed from RBI^$				1,662.00
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*				-5,09,410.00
F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*				-5,10,371.00
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on		06/06/2021		6,08,763.95
(ii) Average daily cash reserve requirement for the fortnight ending		18/06/2021		6,11,914.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on^¥		04/06/2021		0.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on		21/05/2021		8,43,197.00
^@ 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.
Ajit Prasad Director
Press Release: 2021-2022/329

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June 7, 2021 root Press Releases

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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)	4,331.00	2.59	0.25-3.45
I. Call Money	531.95	2.85	2.70-3.05
II. Triparty Repo	1,265.05	0.84	0.25-3.30
III. Market Repo	0.00		–
IV. Repo in Corporate Bond	2,534.00	3.42	3.40-3.45
B. Term Segment
I. Notice Money**	8,168.81	3.15	1.90-3.65
II. Term Money^@@	618.50	–	3.15-3.55
III. Triparty Repo	243,579.55	3.24	3.20-3.40
IV. Market Repo	114,734.17	3.30	1.75-3.45
V. Repo in Corporate Bond	323.00	3.64	3.50-5.35

	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, 04/06/2021	3	Mon, 07/06/2021	358,822.00	3.35
(iii) Special Reverse Repo^~	Fri, 04/06/2021	14	Fri, 18/06/2021	150.00	3.75
2. Variable Rate^&
(I) Main Operation
(a) Reverse Repo	Fri, 04/06/2021	14	Fri, 18/06/2021	200,029.00	3.46
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo	–	–	–	–	–
3. MSF	Fri, 04/06/2021	3	Mon, 07/06/2021	0.00	4.25
4. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)^£
5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*				-559,001.00
II. Outstanding Operations
1. Fixed Rate
(i) Repo
(ii) Reverse Repo
(iii) Special Reverse Repo^~
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
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
D. Standing Liquidity Facility (SLF) Availed from RBI^$				1,662.00
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*				84,144.00
F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*				-474,857.00
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on		04/06/2021		665,049.48
(ii) Average daily cash reserve requirement for the fortnight ending		04/06/2021		614,682.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on^¥		04/06/2021		0.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on		21/05/2021		843,197.00
^@ 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.
Ajit Prasad Director
Press Release: 2021-2022/327

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April 14, 2015

Dear All

Welcome to the refurbished site of the Reserve Bank of India.

The site can be accessed through most browsers and devices; it also meets accessibility standards.

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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June 4, 2021 root Press Releases

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The rate of interest on Government of India Floating Rate Bonds, 2031 (GOI FRB 2031) applicable for the half year June 7, 2021 to December 6, 2021 shall be 4.59 percent per annum.

It may be recalled that FRB, 2031 will carry a coupon, which will have a base rate equivalent to the Weighted Average Yield (WAY) of last 3 auctions (from the rate fixing day i.e. June 7, 2021) of 182 Day T-Bills, plus a fixed spread (1%). The Weighted average yields will be computed by reckoning 365 days in a year.

Ajit Prasad
Director

Press Release: 2021-2022/325

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1. Reserve Bank of India – Liabilities and Assets*
(₹ Crore)
Item	2020	2021		Variation
	May 29	May 21	May 28	Week	Year
	1	2	3	4	5
4 Loans and Advances
4.1 Central Government	–	–	–	–	–
4.2 State Governments	7187	2656	6473	3817	-714
* Data are provisional.

2. Foreign Exchange Reserves
Item	As on May 28, 2021		Variation over
	As on May 28, 2021		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	4333464	598165	14647	5271	114512	21181	601872	104685
1.1 Foreign Currency Assets	4010076	553529	14584	5010	85908	16835	567891	98320
1.2 Gold	276061	38106	422	265	28338	4226	28930	5424
1.3 SDRs	10975	1515	-45	2	111	29	149	83
1.4 Reserve Position in the IMF	36352	5016	-314	-5	153	91	4902	858
*Difference, if any, is due to rounding off

4. Scheduled Commercial Banks – Business in India
(₹ Crore)
Item	Outstanding as on May. 21, 2021	Variation over
		Fortnight	Financial year so far		Year-on-year
		Fortnight	2020-21	2021-22	2020	2021
	1	2	3	4	5	6
2 Liabilities to Others
2.1 Aggregate Deposits	15166808	-50058	262423	53280	1330357	1336894
2.1a Growth (Per cent)		–0.3	1.9	0.4	10.6	9.7
2.1.1 Demand	1694752	-25017	-172096	-166457	131818	249845
2.1.2 Time	13472056	-25041	434519	219737	1198539	1087049
2.2 Borrowings	244661	5773	-18650	636	-67020	-46128
2.3 Other Demand and Time Liabilities	563200	-14704	-84761	-93414	34521	44285
7 Bank Credit	10833589	-36399	-148108	-115923	601208	610835
7.1a Growth (Per cent)		–0.3	–1.4	–1.1	6.2	6.0
7a.1 Food Credit	90663	5569	27652	29409	13694	11247
7a.2 Non-food credit	10742926	-41968	-175760	-145332	587514	599589

6. Money Stock: Components and Sources
(₹ Crore)
Item	Outstanding as on		Variation over
	2021		Fortnight		Financial Year so far				Year-on-Year
	2021		Fortnight		2020-21		2021-22		2020		2021
	Mar. 26	May 21	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
M3	18773142	18933423	-27806	-0.1	430945	2.6	160281	0.9	1809831	11.7	1702515	9.9
1 Components (1.1.+1.2+1.3+1.4)
1.1 Currency with the Public	2757847	2862466	23145	0.8	163038	6.9	104618	3.8	395420	18.7	349679	13.9
1.2 Demand Deposits with Banks	1984261	1819170	-24360	-1.3	-172942	-10.0	-165091	–8.3	136998	9.6	254420	16.3
1.3 Time Deposits with Banks	13983686	14203336	-26147	-0.2	437828	3.5	219650	1.6	1264337	10.7	1091492	8.3
1.4 ‘Other’ Deposits with Reserve Bank	47347	48451	-445	-0.9	3021	7.8	1104	2.3	13076	46.0	6923	16.7
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net Bank Credit to Government	5692569	5823113	-148360	-2.5	591230	11.9	130543	2.3	947185	20.6	271520	4.9
2.1.1 Reserve Bank	982063	1025199	-128203		273808		43136		386791		-240801
2.1.2 Other Banks	4710506	4797914	-20157	-0.4	317422	8.0	87407	1.9	560394	15.0	512322	12.0
2.2 Bank Credit to Commercial Sector	11610050	11486691	-41912	-0.4	-164204	-1.5	-123360	–1.1	644781	6.3	612250	5.6
2.2.1 Reserve Bank	8524	1435	-4542		-7486		-7089		-3565		-4245
2.2.2 Other Banks	11601526	11485256	-37370	-0.3	-156718	-1.4	-116270	–1.0	648346	6.3	616495	5.7

8. Liquidity Operations by RBI
(₹ Crore)
Date	Liquidity Adjustment Facility				MSF*	Standing Liquidity Facilities	Market Stabilisation Scheme	OMO (Outright)		Long Term Repo Opera tions&	Targeted Long Term Repo Opera tions#	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	MSF*	Standing Liquidity Facilities	Market Stabilisation Scheme	Sale	Purchase	Long Term Repo Opera tions&	Targeted Long Term Repo Opera tions#	Special Long- Term Repo Operations for Small Finance Banks	Special Reverse Repo£
	1	2	3	4	5	6	7	8	9	10	11	12	13	14
May 24, 2021	–	268354	–	–	0	–	–	–	–	–	–	–	–	-268354
May 25, 2021	–	228648	–	–	0	–	–	–	–	–	–	–	–	-228648
May 26, 2021	–	32800	–	–	1199	–	–	–	–	–	–	–	–	-31601
May 27, 2021	–	279695	–	–	22	–	–	–	–	–	–	–	–	-279673
May 28, 2021	–	295821	–	–	101	–	–	–	–	–	–	–	–	-295720
May 29, 2021	–	50789	–	–	5	–	–	–	–	–	–	–	–	-50784
May 30, 2021	–	891	–	–	80	–	–	–	–	–	–	–	–	-811
* 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 the Press Release: 2021-2022/177 dated May 07, 2021, as an additional incentive Banks are eligible to park their surplus liquidity up to the size of the COVID loan book under a special 14-day reverse repo window to be conducted on each reporting Friday at a rate which is 25 bps lower than the repo rate.

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: 2021-2022/324

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Reserve Bank of India – Press Releases

June 4, 2021 root Press Releases

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(Amount in Crore of ₹)
		SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs)			ALL SCHEDULED BANKS
		22-May-20	07-MAY-2021 *	21-MAY-2021 *	22-May-20	07-MAY-2021 *	21-MAY-2021 *
I	LIABILITIES TO THE BKG.SYSTEM (A)
	a) Demand & Time deposits from bks.	254678.06	174611.37	173435.07	260015.56	179158.96	177916.68 **
	b) Borrowings from banks	67207.21	68178.13	46076.96	67247.21	68274.56	46084.21
	c) Other demand & time liabilities	17410.68	18624.34	18270.47	17564.2	18895.45	18512.62
II	LIABILITIES TO OTHERS (A)
	a) Deposits (other than from banks)	13829914.62	15216866.27	15166808.18	14247542.66	15641285.69	15590211.11
	i) Demand	1444906.87	1719768.67	1694751.82	1480092.79	1758074.03	1733941.65
	ii) Time	12385007.75	13497097.45	13472056.33	12767449.87	13883211.52	13856269.43
	b) Borrowings@	290789	238888.79	244661.41	294904.95	243760.9	250373.68
	c) Other demand & time liabilities	518914.89	577903.36	563199.86	531491.98	590292.85	575119.11
III	BORROWINGS FROM R.B.I. (B)	292242.11	89591.86	90485.86	292242.11	89591.86	90485.86
	Against usance bills and / or prom. Notes
IV	CASH	87989.65	90738.89	91697.92	90351.33	92669.43	93717.26
V	BALANCES WITH R.B.I. (B)	433987.24	557032.49	603344.19	447371.57	572005.64	619801.25
VI	ASSETS WITH BANKING SYSTEM
	a) Balances with other banks
	i) In current accounts	19876.27	43491.86	24032.84	22187.74	45408.75	26434.26
	ii) In other accounts	152345.46	124118.96	122996.48	187454.54	153789.09	152112.68
	b) Money at call & short notice	18704.86	10793.08	7849.24	46590.52	26550.39	26048.49
	c) Advances to banks (i.e. due from bks.)	25057.56	15632.05	14363.97	26422.18	17969.23	16584.99 £
	d) Other assets	52919.29	25016.31	28076.08	59907.62	27902.59	30940.96
VII	INVESTMENTS (At book value)	4054370.95	4571714.98	4535494.66	4175637.94	4706548.21	4686186.92
	a) Central & State Govt. securities+	4052676.65	4570477.09	4534244.62	4166986.36	4699376.45	4679219.48
	b) Other approved securities	1694.3	1237.89	1250.03	8651.57	7171.76	6967.43
VIII	BANK CREDIT (Excluding Inter Bank Advance)	10222753.18	10869987.32	10833588.55	10554829.93	11211361.62	11171141.11
	a) Loans, cash credits & Overdrafts$	10034609.25	10666606.13	10633571.89	10364490.12	11005688.71	10968772.38
	b) Inland Bills purchased	22396.35	29697.08	28685.76	22649.4	29712.6	28702.02
	c) Inland Bills discounted	126922.9	121974.28	119860.5	128130.79	123185.04	121296.88
	d) Foreign Bills purchased	14734.05	18551.54	17981.18	14929.72	18855.51	18258.18
	e) Foreign Bills discounted	24090.65	33158.26	33489.17	24629.89	33919.72	34111.6

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	22-May-20	07-May-21	21-May-21
Scheduled Commercial Banks	79416.24	85094.17	90662.91
State Co-operative Banks	30407.05	35818.89	35818.89

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:133

Ajit Prasad
Director

Press Release: 2021-2022/322

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