Reserve Bank of India – Press Releases

Reserve Bank of India pronounces the public sale of Government of India Treasury Bills as per the next particulars:

The sale can be topic to the phrases and circumstances specified within the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 together with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended once in a while. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any individual or establishment specified by the Bank on this regard, can take part on non-aggressive foundation, the allocation for which can be exterior the notified quantity. Individuals may take part on non-aggressive foundation as retail traders. For retail traders, the allocation can be restricted to a most of 5 p.c of the notified quantity. Individual traders may place bids as per the non-aggressive scheme via Retail Direct portal (https://rbiretaildirect.org.in).

The public sale can be Price based mostly utilizing a number of worth methodology. Bids for the public sale needs to be submitted in digital format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Tuesday, October 04, 2022, throughout the under given timings:

Results can be introduced on the day of the public sale.

Payment by profitable bidders should be made on Thursday, October 06, 2022.

Only within the occasion of system failure, bodily bids can be accepted. Such bodily bids needs to be submitted to the Public Debt Office (e-mail; Phone no: 022-22632527, 022-22701299) within the prescribed type obtainable from RBI web site (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx) earlier than the public sale timing ends. In case of technical difficulties, Core Banking Operations Team needs to be contacted (e-mail; Phone no: 022-27595666, 022-27595415, 022-27523516). For different public sale associated difficulties, IDMD public sale workforce may be contacted (e-mail; Phone no: 022-22702431, 022-22705125).

Rupambara            
Director (Communications)

Press Release: 2022-2023/971