Reserve Bank of India – Annual Report

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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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Reserve Bank of India – Annual Report

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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

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Reserve Bank of India – Annual Report

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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

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Reserve Bank of India – Annual Report

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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

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Reserve Bank of India – Annual Report

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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

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Reserve Bank of India – Annual Report

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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

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Reserve Bank of India – Annual Report

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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

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Reserve Bank of India – 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


Next

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Reserve Bank of India – Press Releases

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Auction Results 4.26% GS 2023 5.63% GS 2026 6.67% GS 2035 6.67% GS 2050
I. Notified Amount ₹2000 Crore ₹6000 Crore ₹9000 Crore ₹7000 Crore
II. Underwriting Notified Amount ₹2000 Crore ₹6000 Crore ₹9000 Crore ₹7000 Crore
III. Competitive Bids Received        
(i) Number 46 129 123 119
(ii) Amount ₹7415.293 Crore ₹19833.538 Crore ₹18366 Crore ₹13778 Crore
IV. Cut-off price / Yield 99.81 99.62 98.85 94.47
(YTM: 4.3818%) (YTM: 5.7269%) (YTM: 6.7974%) (YTM: 7.1214%)
V. Competitive Bids Accepted        
(i) Number 19 33 60 72
(ii) Amount ₹1997.934 Crore ₹5993.435 Crore ₹8987.069 Crore ₹6991.202 Crore
VI. Partial Allotment Percentage of Competitive Bids 5.73% 98.68% 96.60% 12.40%
(1 Bid) (5 Bids) (5 Bids) (1 Bid)
VII. Weighted Average Price/Yield 99.81 99.62 98.85 94.90
(WAY: 4.3818%) (WAY: 5.7269%) (WAY: 6.7974%) (WAY: 7.0847%)
VIII. Non-Competitive Bids Received        
(i) Number 3 5 5 4
(ii) Amount ₹2.066 Crore ₹6.565 Crore ₹12.931 Crore ₹8.798 Crore
IX. Non-Competitive Bids Accepted        
(i) Number 3 5 5 4
(ii) Amount ₹2.066 Crore ₹6.565 Crore ₹12.931 Crore ₹8.798 Crore
(iii) Partial Allotment Percentage 100% (0 Bids) 100% (0 Bids) 100% (0 Bids) 100% (0 Bids)
X. Amount of Underwriting accepted from primary dealers ₹2000 Crore ₹6000 Crore ₹9000 Crore ₹7000 Crore
XI. Devolvement on Primary Dealers 0 0 0 0

Ajit Prasad
Director   

Press Release: 2021-2022/1016

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Maintaining status quo on rates will help further revive economy: Bankers

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The Reserve Bank of India’s decision to maintain the status quo on rates would help in a full-fledged economic revival but bankers and market participants are awaiting clear signals on liquidity normalisation.

Signs of recovery

Raj Kiran Rai G, Chairman, Indian Banks’ Association, and Managing Director and CEO, Union Bank, said, “Today’s policy is announced against the back drop of nascent signals of recovery of the domestic economy and mixed cues from the global economy.”

Also see: In a bid to lower power costs, Govt to implement Phase 1 of market-based economic despatch from April next

Since the price situation is under control for the time being, the central bank has given more focus on growth momentum in this policy also, he added.

Tapering excess liquidity

While the RBI has given a roadmap for tapering of excess liquidity from the system in a calibrated manner without disrupting government borrowing programme and liquidity needs of the economy, Rai said clear signals to the market will help the participants manage their liquidity needs well.

Accommodative stance

“The commitment to accommodative stance reaffirms the RBI’s commitment to support economic revival,” said AK Das, Managing Director and CEO, Bank of India.

Zarin Daruwala, Cluster CEO – India and South Asia Markets, Standard Chartered Bank, also said the MPC has reinforced its commitment to growth by continuing with its accommodative stance and holding the repo rate.

“The RBI’s latest economic forecast also points to a robust recovery amidst lower inflation,” she added.

Delayed normalisation

An SBI Ecowrap report said it expects that the normalisation of reverse repo and repo corridor may be possibly delayed beyond December.

Also see: Watch | RBI maintains status quo on rates

HSBC Global Research in a note said, “While the RBI kept rates and stance unchanged as expected, we think it took important steps to prepare the market for future policy normalisation.”

It expects the policy corridor to be narrowed over December and February, but repo rate hikes will only follow in the second half of 2022.

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