Press Releases
- The Reserve Bank of India (RBI) has, by an order dated December 18, 2024, imposed a monetary penalty of ₹27.30 lakh (Rupees Twenty-Seven Lakh and Thirty Thousand only) on IndusInd Bank Ltd. (the bank) for non-compliance with certain provisions of ‘Reserve Bank of India (Interest Rate on Deposits) Directions, 2016’. This penalty has been imposed […]
- The Reserve Bank of India (RBI) has, by an order dated December 16, 2024, imposed a monetary penalty of ₹20,00,000/- (Rupees Twenty Lakh only) on Manappuram Finance Limited (the company) for non-compliance with certain provisions of “Reserve Bank of India (Know Your Customer (KYC)) Direction, 2016” issued by RBI. This penalty has been imposed in […]
- The following State Governments/UT have offered to sell stock by way of auction, for an aggregate amount of ₹30,600 Crore (Face Value). Sr. No. State/UT Amount to be raised(₹ Crore) Tenure (Year) Type of Auction 1. Assam 900 10 Yield 2. Bihar 2000 10 Yield 3. Gujarat 1500 09 Yield 4. Haryana 1000 13 Yield […]
- 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 7,000 December 26, 2024 (Thursday) December 27, 2024 (Friday) 2 182 Days 6,000 3 364 Days 6,000 Total 19,000 […]
- On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on December 23, 2024, Monday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 10:00 AM to 10:30 AM December 24, 2024 (Tuesday) 2. The […]
- 1. Reserve Bank of India – Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Dec. 15 Dec. 6 Dec. 13 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government – 11131 0 -11131 0 4.2 State Governments 15212 34432 28744 -5688 13532 * Data […]
- [Under Section 45ZL of the Reserve Bank of India Act, 1934] The fifty second meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during December 4 to 6, 2024. 2. The meeting was attended by all the members – Dr. Nagesh Kumar, Director […]
- The 612th meeting of the Central Board of Directors of the Reserve Bank of India was held today in Guwahati under the Chairmanship of Shri Sanjay Malhotra, Governor. The Board placed on record its appreciation of the valuable services rendered by Shri Shaktikanta Das during his tenure as Governor of the Bank. The Board reviewed […]
- Auction Results New GS 2029 7.34% GS 2064 I. Notified Amount ₹14,000 crore ₹15,000 crore II. Underwriting Notified Amount ₹14,000 crore ₹15,000 crore III. Competitive Bids Received (i) Number 148 312 (ii) Amount ₹41417.000 Crore ₹39200.020 Crore IV. Cut-off price / Yield – 103.62 (YTM: 6.75%) (YTM: 7.0653%) V. Competitive Bids Accepted […]
- New GS 2029 7.34% GS 2064 I. Notified Amount ₹14,000 crore ₹15,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 6.75% 103.62/7.0653% III. Amount accepted in the auction ₹14,000 crore ₹15,000 crore IV. Devolvement on Primary Dealers NIL NIL Ajit Prasad Deputy General Manager (Communications) Press Release: 2024-2025/1745
Notifications
- RBI/2024-25/39 A.P. (DIR Series) Circular No. 08 May 27, 2024 To All Authorised Persons in Foreign Exchange Madam/ Sir Instructions on Money Changing Activities Attention is invited to FED Master Direction No.3/2015-16 dated January 01, 2016 (updated from time to time) on Money Changing Activities. 2. In terms of extant instructions, Full Fledged Money Changers […]
- RBI/2024-25/38DOR.RET.REC.23/12.07.160/2024-25 May 24, 2024 All Banks Madam / Dear Sir, Exclusion of "Fincare Small Finance Bank Limited" from the Second Schedule to the Reserve Bank of India Act, 1934 and cessation as a banking company It is informed that "Fincare Small Finance Bank Limited" has been excluded from the Second Schedule to the Reserve Bank […]
- RBI/2024-25/37 DoS.CO.PPG.SEC.2/11.01.005/2024-25 May 21, 2024 All Scheduled Commercial Banks All Primary (Urban) Cooperative Banks Madam / Dear Sir, Internal Review – Interim Recommendations – Withdrawal of Circulars An internal review of regulations was carried out to remove obsolete/ outdated/ superfluous instructions, and to rationalize and simplify existing instructions. 2. In view of above, the circulars […]
- RBI/2024-25/36 A.P. (DIR Series) Circular No. 7 May 21, 2024 To All Authorised Dealer Category – I banks Madam / Sir Issuance of partly paid units to persons resident outside India by investment vehicles under Foreign Exchange Management (Non-debt Instruments) Rules, 2019 Attention of Authorised Dealer (AD) Category – I banks is invited to the […]
- RBI/2024-25/35 FIDD.CO.LBS.BC.No.06/02.08.001/2024-25 May 15, 2024 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Formation of new district in the State of Assam –Assignment of Lead Bank Responsibility The Government of Assam has notified formation of a new district, viz., Biswanath in the state of Assam vide Gazette Notification […]
- RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA 5(R)/(4)/2024-RB May 06, 2024 Foreign Exchange Management (Deposit) (Fourth Amendment) Regulations, 2024 In exercise of the powers conferred by sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes […]
- RBI/FMRD/2024-25/117 FMRD.DIRD.01/14.01.023/2024-25 May 08, 2024 To All eligible market participants Madam/Sir Master Direction – Reserve Bank of India (Margining for Non-Centrally Cleared OTC Derivatives) Directions, 2024 Please refer to Paragraph 10 of the Statement on Developmental and Regulatory Policies announced as a part of the Bi-monthly Monetary Policy Statement for 2019-20 dated February 06, 2020, […]
- RBI/2024-25/34A. P. (DIR Series) Circular No.05 May 08, 2024 To, The Authorised Dealers Madam/Sir, Margin for Derivative Contracts Attention of Authorised Dealers is invited to the Foreign Exchange Management (Margin for Derivative Contracts) Regulations, 2020 notified in the Gazette of India vide notification no. FEMA.399/RB-2020 dated October 23, 2020, the amendment to the Foreign Exchange […]
- RBI/2024-25/33 DOR.CRE.REC.22/21.03.054/2024-25 May 03, 2024 All Scheduled Commercial Banks(excluding RRBs) Madam/Dear Sir, Banks' Exposure to Capital Market – Issue of Irrevocable Payment Commitments (IPCs) Please refer to circular DBOD.Dir.BC.68/13.03.00/2011-12 dated December 27, 2011 on “Banks' Exposure to Capital Market – Issue of Irrevocable Payment Commitments (IPCs)” and mailbox clarification dated September 11, 2012 on “Applicability […]
- RBI/2024-25/32 A. P. (DIR Series) Circular No. 04 May 03, 2024 To, All Authorised Persons Madam/Sir, Master Direction – Risk Management and Inter-Bank Dealings: Amendments Attention of Authorised Persons is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 03, 2000 [Notification no. FEMA.25/RB-2000 dated May 03, 2000], as amended […]
SPEECHES
- Participants from Reserve Bank of India: Shri Sanjay Malhotra – Governor, Reserve Bank of India Moderator: Shri Puneet Pancholy – Chief General Manager, Reserve Bank of India Puneet Pancholy: Good afternoon. It is my honor and a privilege to have amongst us, for the first time, the 26th Governor of Reserve Bank of India Shri […]
- Good Morning Ladies and Gentlemen. At the outset, I would like to thank Shri Ravi Mital, Chairperson, Insolvency and Bankruptcy Board of India for inviting me to this international conclave on the theme ‘Insolvency Resolution: Evolution & Global Perspective’ being held in collaboration with INSOL India. A confluence in the thought processes of policy makers, […]
- Participants from Reserve Bank of India: Shri Shaktikanta Das – Governor, Reserve Bank of India. Dr. Michael D. Patra – Deputy Governor, Reserve Bank of India Shri M. Rajeshwar Rao – Deputy Governor, Reserve Bank of India Shri T. Rabi Sankar – Deputy Governor, Reserve Bank of India Shri Swaminathan J. – Deputy Governor, Reserve […]
- Governor Mr Ahmed Munawar, Maldives Monetary Authority (MMA), Dr Mahamood Shougee, Chancellor of the Maldives National University, Mr Ahmed Imad, Deputy Governor, MMA, other senior colleagues of the MMA, distinguished presenters and panelists and participants, ladies and gentlemen, good morning to all of you. It is an honour for me to be invited to give […]
- Distinguished Guests, Ladies, and Gentlemen, Good Morning. Let me, at the outset, thank the organisers for inviting me here to share my thoughts on climate change, one of the most critical issues we face, not just as individuals, but as the collective global community. 2. As per the latest report from the Copernicus Climate Change […]
- Regional Director for Mumbai Regional Office, Shri Suman Ray; Regional Director for Nagpur Regional Office, Shri Sachin Shende; Chief General Manager, National Bank for Agriculture and Rural Development, Ms. Rashmi Darad; senior officials from Bank of Maharashtra, Convenor Bank, SLBC Maharashtra, senior executives from banks, Lead District Managers (LDMs), Lead District Officers (LDOs) and my colleagues from […]
- Esteemed delegates from across the world, respected Governor, Deputy Governors and all my colleagues from the Reserve Bank of India, ladies and gentlemen. A very good afternoon to you all. 1. It is indeed my honour to deliver the opening remarks before such a distinguished panel comprising Dr. John Mushayavanhu, Governor, Reserve Bank of Zimbabwe; […]
- Governors and senior dignitaries from Central Banks, eminent participants, Ladies and Gentlemen, I am delighted to be amidst you all at the High-level conference on “Building synergies”, organised on this historic occasion as we celebrate the 90th year of our establishment. The conference is a part of our endeavour to develop a meaningful dialogue and […]
- Shri Suresh Kumar Singhal, President FTCCI, Shri R Ravi Kumar, Senior Vice President FTCCI Shri K K Maheshwari, Vice President, FTCCI, Mr. Meela Jayadev, Convenor, FTCCI CEO Forum, Chief Executive Officers gathered here today, ladies and gentlemen. A very good evening to you all. 1. I am delighted to speak to you today on a […]
- Monetary policy announcements are associated with frissons of animated speculation rippling through public discourse. Projections are revised, and the balance of risks are re-tilted. Shadow monetary policy committees take positions in print and in sound bytes. Curve fitting the central bank commences – is it behind the curve? – and accordingly, bird-like postures are conjured […]
TENDERS
- e-Tender no: RBI/Regional Office Bhubaneswar/Estate/20/24-25/ET/684 A. Eligibility criteria: 1. E-tenders in two parts are invited for “Renovation (Electrical Works) of Ground Floor Area, Main Office Building, Bhubaneswar.” 2. The estimated capital cost of the work is ₹35,02,438/- and it is to be completed within 45 days. 3. Only those firms who have valid PF, ESI […]
- Human Resource Management Department, Reserve Bank of India, Bengaluru (the Bank) had invited e-tender from eligible and willing firms for undertaking ‘Event Management during All India Inter Institutional Badminton Tournament under aegis of RBI@90 at Bengaluru”. The last date for the submission of the tender was upto 11:00 AM on December 20, 2024. 2. In this connection, […]
- Providing and rendering Integrated Facility Management Services (FMS) for carrying out day to day maintenance works for various trades like Electrical/Mechanical, Carpentry, Sanitary/Plumbing, Housekeeping, Garden Hedges, Lawns, Horticulture services etc., – Additional queries by vendor. A. Queries raised by Sterling & Wilson Pvt. Ltd. Sr. No. Query Clarification by the Bank 1 Page no 154 […]
- E-tender No. RBI/PD-Central Office Departments/Others/23/24-25/ET/664 Reserve Bank of India, Premises Department, Central Office, Mumbai had invited E-tender for Supply and fixing of Stainless Steel recessed manhole covers on Ground floor premises, Central Office Building, RBI, Mumbai through RBI Website and MSTC Portal on December 13, 2024. In this context, it has been decided to extend […]
- (e-Tender no.: RBI/Bhubaneswar/Estate/12/24-25/ET/335) The captioned tender was published on August 16, 2024 through RBI website (www.rbi.org.in) and MSTC website (www.mstcecommerce.com/eprocn). In this connection, it is informed that, the captioned e-Tender was kept in abeyance till December 15, 2024 and it will be in abeyance till January 15, 2025. In case of any query, the bidders […]
- e-Tender No: RBI/Hyderabad Regional Office/Estate/26/24-25/ET/585 The captioned tender was published on November 19, 2024 through RBI website (www.rbi.org.in) and MSTC website (www.mstcecommerce.com/eprocn). In this connection, a corrigendum containing the following change in S.No. 1(b) of Section XI – Un-priced bid (Schedule of Quantities) (page no. 61 of the tender document) is issued: “DIDW backward curved […]
- Reserve Bank of India, Mumbai invites two-part tender by e-tender mode from the contractors empaneled with Reserve Bank of India, Estate Office, Fort, Mumbai in category of Civil Works (A) costing between ₹10 Lakh to ₹25 Lakh for the captioned work. The tendering would be done through the e-Tendering portal of MSTC Ltd (https://www.mstcecommerce.com/eprocn/). All […]
- Estate Cell, BKC, Reserve Bank of India invites short notice e-tender from the contractors empaneled with Reserve Bank of India, Mumbai in category of Civil Works (A) costing between ₹10 Lakh to ₹25 Lakh for the captioned work. The tendering would be done through the e-Tendering portal of MSTC Ltd (https://www.mstcecommerce.com/eprocn/). All interested eligible empaneled […]
- E-Tender No- RBI/Lucknow Regional Office/Estate/19/24-25/ET/569 Please refer to the tender notice for the captioned tender published on the Bank’s Website on November 14, 2024, inviting application from eligible bidders through e-Tender on MSTC Portal (https://www.mstcecommerce.com/eprocn). In this regard, it has been decided to further extend the timeline for submission and opening of the tender as […]
- A reference is invited to the captioned tender (RBI/DEHRADUN REGIONAL OFFICE/Estate/6/24-25/ET/455) which was uploaded / floated on September 24, 2024 under the “Tenders” link of RBI website (www.rbi.org.in). 2. In this connection, it is informed that the above-mentioned tender stands cancelled due to technical reasons. Regional Director Reserve Bank of India Dehradun