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Press Releases
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Sep 23, 2000Money Market Operations as on September 22, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings57729652015424Lendings2979210728677953(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.148.88 (b) Range of rates7.00-11.007.00-10.002 Term Money Market*Volume(Turnover)Range of Rates9079.60-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 8239at Bank Rate4. Liquidity Adjus(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings57729652015424Lendings2979210728677953(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.148.88 (b) Range of rates7.00-11.007.00-10.002 Term Money Market*Volume(Turnover)Range of Rates9079.60-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 8239at Bank Rate4. Liquidity Adjus
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Sep 23, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 22 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 20, 2000 11.98 % 2004 5.00 102.59 11.1511 Contract Date : September 21, 2000 11.00 % 2002 5.00 100.58 10.5858 11.00 % 2002 5.00 100.395 10.--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 20, 2000 11.98 % 2004 5.00 102.59 11.1511 Contract Date : September 21, 2000 11.00 % 2002 5.00 100.58 10.5858 11.00 % 2002 5.00 100.395 10.
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Sep 23, 2000Repo/Reverse Repo Auction under LAFThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 25, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.m. on SeThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 25, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.m. on Se
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Sep 23, 2000Repo AuctionIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a three-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treausry Bills on September 25, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the same foIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a three-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treausry Bills on September 25, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the same fo
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Sep 22, 2000RBI Reference Rate for US $September 22, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.46.08 on 22.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN21 September 200046.200065.319939.249243.3122 September 200046.080066.205439.598843.1500Note : The reference rate is based on 12 noon rates of a few selectSeptember 22, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.46.08 on 22.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN21 September 200046.200065.319939.249243.3122 September 200046.080066.205439.598843.1500Note : The reference rate is based on 12 noon rates of a few select
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Sep 22, 2000Advisory Group on Banking Supervision - Part IThe Standing Committee on International Financial Standards and Codes (Chairman : Dr. Y. V. Reddy) had appointed ten Advisory Groups of which Advisory Group on Banking Supervision is one. The Group is chaired by Shri M. S. Verma, former Chairman, State Bank of India, with Shri K. R. Ramamoorthy, Shri H. N. Sinor and Shri Janki Ballabh as members. The Advisory Group has submitted Part I of its Report which deals with corporate governance in banks, supervision of crossThe Standing Committee on International Financial Standards and Codes (Chairman : Dr. Y. V. Reddy) had appointed ten Advisory Groups of which Advisory Group on Banking Supervision is one. The Group is chaired by Shri M. S. Verma, former Chairman, State Bank of India, with Shri K. R. Ramamoorthy, Shri H. N. Sinor and Shri Janki Ballabh as members. The Advisory Group has submitted Part I of its Report which deals with corporate governance in banks, supervision of cross
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Sep 22, 200014 Day Treasury Bills : Auction ResultsDate of Auction :September 22, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:20 Amount:Rs.279.50 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.99.70 IV.Competitive bids accepted Number:3 Amount:Rs.100.00 crore V.Partial Allotment Percentage:76.92 (2 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:NA VIII.Weighted Average Price:99.7Date of Auction :September 22, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:20 Amount:Rs.279.50 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.99.70 IV.Competitive bids accepted Number:3 Amount:Rs.100.00 crore V.Partial Allotment Percentage:76.92 (2 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:NA VIII.Weighted Average Price:99.7
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Sep 22, 200091 Day Treasury Bills : Auction ResultsDate of Auction : September 22, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:21 Amount:Rs.230.00 crore (b) Non-competitive bids Number:1 Amount:Rs.35.00 crore III.Cut-off price:Rs.97.53 IV.Competitive bidDate of Auction : September 22, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:21 Amount:Rs.230.00 crore (b) Non-competitive bids Number:1 Amount:Rs.35.00 crore III.Cut-off price:Rs.97.53 IV.Competitive bid
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Sep 22, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 21 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 20, 2000 11.40 % 2000 10.00 100.00 11.0969 11.40 % 2000 7.00 100.00 11.0969 11.75 % 2001 5.00 100.69 10.9286 11.75 % 2001 5.00 100.71 10.90--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 20, 2000 11.40 % 2000 10.00 100.00 11.0969 11.40 % 2000 7.00 100.00 11.0969 11.75 % 2001 5.00 100.69 10.9286 11.75 % 2001 5.00 100.71 10.90
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Sep 22, 2000Money Market Operations as on September 21, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings102306973017203Lendings2320170347578780(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.809.86 (b) Range of rates7.90-11.607.90-10.402 Term Money Market*Volume(Turnover)Range of Rates8709.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10549at Bank Rate4. Liquidity Adj(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings102306973017203Lendings2320170347578780(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.809.86 (b) Range of rates7.90-11.607.90-10.402 Term Money Market*Volume(Turnover)Range of Rates8709.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10549at Bank Rate4. Liquidity Adj
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Sep 22, 2000Investment by FIIs Under PISThe Reserve Bank of India on September 22, 2000 has notified that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of NIIT Ltd., up to 40 per cent of its paid up capital through primary and secondary markets in India, as the company has passed a resolution at its Board of Directors' and General Body Meetings to this effect.P. V. Sadanandan Assistant ManagerPress Release : 2000-2001/448 Monitoring of Investments in CompanThe Reserve Bank of India on September 22, 2000 has notified that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of NIIT Ltd., up to 40 per cent of its paid up capital through primary and secondary markets in India, as the company has passed a resolution at its Board of Directors' and General Body Meetings to this effect.P. V. Sadanandan Assistant ManagerPress Release : 2000-2001/448 Monitoring of Investments in Compan
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Sep 22, 2000Liquidity Adjustment Facility : Auction ResultsThe results of the RBI Repo/Reverse Repo auctions held on September 22, 2000 are :(Amount in face value in Rs. crore)Item Repo Auction (Sale of securities by RBI)Reverse Repo Auction (Purchase of securities by RBI)1.Applications received for three day repo period:(i) Number (ii) Amount 36 6880 Nil NA2.Applications accepted for three day repo period:(i) Number (ii) Amount (iii) Cut-off Rate (per cent) 36 6880 10.00 NA NA NA3.Applications received for five day repo periThe results of the RBI Repo/Reverse Repo auctions held on September 22, 2000 are :(Amount in face value in Rs. crore)Item Repo Auction (Sale of securities by RBI)Reverse Repo Auction (Purchase of securities by RBI)1.Applications received for three day repo period:(i) Number (ii) Amount 36 6880 Nil NA2.Applications accepted for three day repo period:(i) Number (ii) Amount (iii) Cut-off Rate (per cent) 36 6880 10.00 NA NA NA3.Applications received for five day repo peri
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Sep 21, 2000RBI Reference Rate for US $September 21, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.46.20 on 21.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN20 September 200046.220065.075439.261643.3321 September 200046.200065.319939.249243.3100Note : The reference rate is based on 12 noon rates of a few selectSeptember 21, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.46.20 on 21.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN20 September 200046.220065.075439.261643.3321 September 200046.200065.319939.249243.3100Note : The reference rate is based on 12 noon rates of a few select
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Sep 21, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 20 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 14, 2000 11.15 % 2002 20.00 100.84 10.6591 Contract Date : September 18, 2000 11.40 % 2008 5.00 99.23 11.5479 11.83 % 2014 0.05 102.05 11.5--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 14, 2000 11.15 % 2002 20.00 100.84 10.6591 Contract Date : September 18, 2000 11.40 % 2008 5.00 99.23 11.5479 11.83 % 2014 0.05 102.05 11.5
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Sep 21, 2000Money Market Operations as on September 20, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings109965085016081Lendings1476143940526967(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.949.95 (b) Range of rates8.00-12.308.10-10.502 Term Money Market*Volume(Turnover)Range of Rates9419.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10601at Bank Rate4. Liquidity Adj(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings109965085016081Lendings1476143940526967(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.949.95 (b) Range of rates8.00-12.308.10-10.502 Term Money Market*Volume(Turnover)Range of Rates9419.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10601at Bank Rate4. Liquidity Adj
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Sep 21, 200012.00 per cent State Government Loans, 2010 announcedThe second tranche of market loans by twenty one State Governments for the year 2000-01 will be issued on September 26, 2000 for an aggregate amount of Rs.2106.91 crore. The loans will bear interest at 12.00 per cent per annum for 10 year maturity.The State-wise allocation is as under:Sr.No.StateAmount (Rs. crore)1.Andhra Pradesh150.002.Arunachal Pradesh2.213.Assam125.004.Bihar80.005.Goa40.266.Gujarat71.157.Haryana98.088.Himachal Pradesh48.909.Jammu & Kashmir38.61The second tranche of market loans by twenty one State Governments for the year 2000-01 will be issued on September 26, 2000 for an aggregate amount of Rs.2106.91 crore. The loans will bear interest at 12.00 per cent per annum for 10 year maturity.The State-wise allocation is as under:Sr.No.StateAmount (Rs. crore)1.Andhra Pradesh150.002.Arunachal Pradesh2.213.Assam125.004.Bihar80.005.Goa40.266.Gujarat71.157.Haryana98.088.Himachal Pradesh48.909.Jammu & Kashmir38.61
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Sep 21, 2000Draft Guidelines on bank financing of equities and investment in shares, etc.In pursuance of the announcement made in the Monetary and Credit Policy for the year 2000 – 2001, Reserve Bank of India had set up a Standing Technical Committee on Bank Financing of Equities, comprising officials of RBI and SEBI, to develop operative guidelines for a transparent and stable system of bank financing of equities and investment in shares. The Report of the Committee submitted on August 2, 2000 was placed on the RBI Website soliciting comments on the propIn pursuance of the announcement made in the Monetary and Credit Policy for the year 2000 – 2001, Reserve Bank of India had set up a Standing Technical Committee on Bank Financing of Equities, comprising officials of RBI and SEBI, to develop operative guidelines for a transparent and stable system of bank financing of equities and investment in shares. The Report of the Committee submitted on August 2, 2000 was placed on the RBI Website soliciting comments on the prop
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Sep 21, 2000Liquidity Adjustment Facility : Auction ResultsThe results of the RBI Repo/Reverse Repo auctions held on September 21, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount 27 8650 Nil NA 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) 27 8650 10.00 Nil NA NA 3.Applications received for five day repoThe results of the RBI Repo/Reverse Repo auctions held on September 21, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount 27 8650 Nil NA 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) 27 8650 10.00 Nil NA NA 3.Applications received for five day repo
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Sep 21, 2000Repo/Reverse Repo Auction under LAFThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced three day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 22, 2000 (Friday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.m. onThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced three day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 22, 2000 (Friday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.m. on
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Sep 21, 2000Repo AuctionIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a five-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treausry Bills on September 22, 2000 (Friday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai.The eligible banks/institutions may submit separate applications in the same formIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a five-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treausry Bills on September 22, 2000 (Friday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai.The eligible banks/institutions may submit separate applications in the same form
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Sep 20, 2000Reserve Bank of India - Foreign Exchange Data from 4/9/2000 to 8/9/2000MERCHANTINTER BANKFCY/INRFCY/FCYFCY/INRFCY/FCYPOSITION DATESPOTFORWARD FORWARD CANCELLATIONSPOTFORWARDFORWARD CANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARDPURCHASES04.09.200036810628151632563886165343491705.09.200018887182119175171,21781479108606.09.2000403843216211464183154414111507.09.200033935186561648189497454981708.09.20003123692112213301,09963425766SALES04.09.200028418420151733375815211345581705.09.2000212122112120175221,16794501112606.09.20002301731816211567274467MERCHANTINTER BANKFCY/INRFCY/FCYFCY/INRFCY/FCYPOSITION DATESPOTFORWARD FORWARD CANCELLATIONSPOTFORWARDFORWARD CANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARDPURCHASES04.09.200036810628151632563886165343491705.09.200018887182119175171,21781479108606.09.2000403843216211464183154414111507.09.200033935186561648189497454981708.09.20003123692112213301,09963425766SALES04.09.200028418420151733375815211345581705.09.2000212122112120175221,16794501112606.09.20002301731816211567274467
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Sep 20, 2000Money Market Operations as on September 19, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings111755758016933Lendings2067130739807354(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.9110.01 (b) Range of rates8.00-11.209.00-11.802 Term Money Market*Volume(Turnover)Range of Rates8959.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10583at Bank Rate4. Liquidity Ad(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings111755758016933Lendings2067130739807354(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.9110.01 (b) Range of rates8.00-11.209.00-11.802 Term Money Market*Volume(Turnover)Range of Rates8959.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10583at Bank Rate4. Liquidity Ad
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Sep 20, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 19 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 15, 2000 11.40 % 2008 3.00 99.88 11.4212 Contract Date : September 16, 2000 11.40 % 2008 5.00 99.55 11.4854 Contract Date : September 18, 2--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 15, 2000 11.40 % 2008 3.00 99.88 11.4212 Contract Date : September 16, 2000 11.40 % 2008 5.00 99.55 11.4854 Contract Date : September 18, 2
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Sep 20, 2000364 day Treasury Bills : Auction ResultsDate of Auction : September 20, 2000 I.Notified amount: Rs.500.00 crore II.Bids received (a) Competitive bids Number:45 Amount:Rs.1237.72 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.90.16 IV.Competitive bids accepted Number:6 Amount:Rs.83.22 crore V.Partial Allotment Percentage:N.A VI .Devolvement on RBI:Rs.416.78 crore VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:NA VIII.Weighted Average Price:9Date of Auction : September 20, 2000 I.Notified amount: Rs.500.00 crore II.Bids received (a) Competitive bids Number:45 Amount:Rs.1237.72 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.90.16 IV.Competitive bids accepted Number:6 Amount:Rs.83.22 crore V.Partial Allotment Percentage:N.A VI .Devolvement on RBI:Rs.416.78 crore VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:NA VIII.Weighted Average Price:9
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Sep 20, 2000RBI Reference Rate for US $September 20, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.46.22 on 20.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN19 September 200046.220064.922939.388743.2620 September 200046.220065.075439.261643.3300Note : The reference rate is based on 12 noon rates of a few selectSeptember 20, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.46.22 on 20.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN19 September 200046.220064.922939.388743.2620 September 200046.220065.075439.261643.3300Note : The reference rate is based on 12 noon rates of a few select
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Sep 20, 2000Liquidity Adjustment Facility : Auction ResultsThe results of the RBI Repo/Reverse Repo auctions held on September 20, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount 21 6175 Nil NA 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) 21 6175 10.00 NA NA NA 3.Applications received for five day repoThe results of the RBI Repo/Reverse Repo auctions held on September 20, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount 21 6175 Nil NA 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) 21 6175 10.00 NA NA NA 3.Applications received for five day repo
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Sep 20, 2000Repo/Reverse Repo Auction under LAFThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 21, 2000 (Thursday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.m. onThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 21, 2000 (Thursday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.m. on
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Sep 20, 2000Repo AuctionIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a five-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treausry Bills on September 21, 2000 (Thursday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the same fIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a five-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treausry Bills on September 21, 2000 (Thursday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the same f
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Sep 19, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 18 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 15, 2000 11.75 % 2006 5.00 102.00 11.2524 7.50 % 2010 2.00 79.47 11.0003 Contract Date : September 16, 2000 11.75 % 2001 5.00 100.72 10.906--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 15, 2000 11.75 % 2006 5.00 102.00 11.2524 7.50 % 2010 2.00 79.47 11.0003 Contract Date : September 16, 2000 11.75 % 2001 5.00 100.72 10.906
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Sep 19, 2000Sale of 11.75% 2004 discontinuedWith effect from September 20, 2000, the sale of 11.75% 2004 has been discontinued.P.V. Sadanandan Asstt. ManagerPress Release : 2000-2001/430With effect from September 20, 2000, the sale of 11.75% 2004 has been discontinued.P.V. Sadanandan Asstt. ManagerPress Release : 2000-2001/430
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Sep 19, 2000Money Market Operations as on September 18, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings96227524017146Lendings43331964499811295(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.649.75 (b) Range of rates7.60-10.607.90-10.502 Term Money Market*Volume(Turnover)Range of Rates8859.60-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 9753at Bank Rate4. Liquidity Adju(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings96227524017146Lendings43331964499811295(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.649.75 (b) Range of rates7.60-10.607.90-10.502 Term Money Market*Volume(Turnover)Range of Rates8859.60-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 9753at Bank Rate4. Liquidity Adju
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Sep 19, 2000Rejection of application for grant of certificate of registrationThe Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on September 14, 2000 the application for certificate of registration submitted by M/s. Roopa Corporate Services Pvt. Ltd., 9, CSC Market, Club Road, Punjabi Bagh Extn., New Delhi-110 003.As such, the above company cannot transact the business of Non-Banking Financial Institution as defined in Clause (a) of Section 45 I of the RThe Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on September 14, 2000 the application for certificate of registration submitted by M/s. Roopa Corporate Services Pvt. Ltd., 9, CSC Market, Club Road, Punjabi Bagh Extn., New Delhi-110 003.As such, the above company cannot transact the business of Non-Banking Financial Institution as defined in Clause (a) of Section 45 I of the R
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Sep 19, 2000RBI Reference Rate for US $September 19, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.46.22 on 19.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN18 September 200045.850064.084539.142142.9119 September 200046.220064.922939.388743.2600Note : The reference rate is based on 12 noon rates of a few selectSeptember 19, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.46.22 on 19.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN18 September 200045.850064.084539.142142.9119 September 200046.220064.922939.388743.2600Note : The reference rate is based on 12 noon rates of a few select
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Sep 19, 2000Rejection of application for grant of certificate of registrationThe Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on September 18, 2000 the application for certificate of registration submitted by M/s. Jai Bolenath Investments & Leasing Finance Ltd., Raghavendra Nivas, Shantveer Nagar, Basavana Bagewadi Road, Bijapur-586 104.As such, the above company cannot transact the business of Non-Banking Financial Institution as defined in ClauseThe Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on September 18, 2000 the application for certificate of registration submitted by M/s. Jai Bolenath Investments & Leasing Finance Ltd., Raghavendra Nivas, Shantveer Nagar, Basavana Bagewadi Road, Bijapur-586 104.As such, the above company cannot transact the business of Non-Banking Financial Institution as defined in Clause
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Sep 19, 2000RBI cancels licence of Federal Co-operative Bank Ltd.The Reserve Bank of India has cancelled the licence of Federal Co-operative Bank Ltd., Ghatampur, District Kanpur (Uttar Pradesh) to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwiThe Reserve Bank of India has cancelled the licence of Federal Co-operative Bank Ltd., Ghatampur, District Kanpur (Uttar Pradesh) to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwi
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Sep 19, 2000Liquidity Adjustment Facility : Auction ResultsThe results of the RBI Repo/Reverse Repo auctions held on September 19, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount 27 3990 Nil NA 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) 22 3940 10.00 Nil NA NA 3.Applications received for three day repThe results of the RBI Repo/Reverse Repo auctions held on September 19, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount 27 3990 Nil NA 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) 22 3940 10.00 Nil NA NA 3.Applications received for three day rep
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Sep 19, 2000Repo/Reverse Repo Auction under LAFThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 20, 2000 (Wednesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.m. onThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 20, 2000 (Wednesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.m. on
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Sep 19, 2000Repo AuctionIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a five-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treasury Bills on September 20, 2000 (Wednesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the sameIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a five-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treasury Bills on September 20, 2000 (Wednesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the same
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Sep 18, 2000RBI Reference Rate for US $September 18, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.45.85 on 18.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below: DateCURRENCY 1 USD1 GBP1 EURO100 YEN 15 September 200045.760064.350039.571042.5718 September 200045.850064.084539.142142.9100Note : The reference rate is based on 12 noon rates of a few selectSeptember 18, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.45.85 on 18.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below: DateCURRENCY 1 USD1 GBP1 EURO100 YEN 15 September 200045.760064.350039.571042.5718 September 200045.850064.084539.142142.9100Note : The reference rate is based on 12 noon rates of a few select
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Sep 18, 200091 Day Treasury Bills - Auction AnnouncedThe Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.100 crore. The auction will be conducted using 'Uniform Price Auction' method. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government of IndiaThe Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.100 crore. The auction will be conducted using 'Uniform Price Auction' method. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government of India
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Sep 18, 200014 Day Treasury Bills - Auction AnnouncedThe Reserve Bank of India has announced the auction of 14 day Government of India treasury bills for a notified amount of Rs.100 crore. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government of India.Tenders should be submitted in the prescribed form on Friday, SepteThe Reserve Bank of India has announced the auction of 14 day Government of India treasury bills for a notified amount of Rs.100 crore. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government of India.Tenders should be submitted in the prescribed form on Friday, Septe
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Sep 18, 2000364 Day Treasury Bills - Auction AnnouncedThe Reserve Bank of India has announced the auction of 364 day Government of India treasury bills for a notified amount of Rs.500 crore. State Governments are allowed to participate as non-competitive bidders and the allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by GovernmentThe Reserve Bank of India has announced the auction of 364 day Government of India treasury bills for a notified amount of Rs.500 crore. State Governments are allowed to participate as non-competitive bidders and the allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government
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Sep 18, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 16 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal ---------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 15, 2000 11.40 % 2000 5.00 99.985 11.4925 11.00 % 2002 5.00 100.37 10.7293 11.15 % 2002 10.00 100.78 10.6926 11.55 % 2002(I) 0.50 101.67 1--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal ---------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 15, 2000 11.40 % 2000 5.00 99.985 11.4925 11.00 % 2002 5.00 100.37 10.7293 11.15 % 2002 10.00 100.78 10.6926 11.55 % 2002(I) 0.50 101.67 1
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Sep 18, 2000Money Market Operations as on September 16, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings6589335409943Lendings298015548905424(ii) Interest RatesBorrowingsLendings (a)Weighted average rate8.888.95 (b) Range of rates7.50-10.108.30-10.302 Term Money Market*Volume(Turnover)Range of Rates9299.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 9584at Bank Rate4. Liquidity Adjustm(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings6589335409943Lendings298015548905424(ii) Interest RatesBorrowingsLendings (a)Weighted average rate8.888.95 (b) Range of rates7.50-10.108.30-10.302 Term Money Market*Volume(Turnover)Range of Rates9299.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 9584at Bank Rate4. Liquidity Adjustm
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Sep 18, 2000Liquidity Adjustment Facility : Auction ResultsThe results of the RBI Repo/Reverse Repo auctions held on September 18, 2000 are :(Amount in face value in Rs. crore)Item Repo Auction (Sale of securities by RBI)Reverse Repo Auction (Purchase of securities by RBI)1.Applications received for one day repo period:(i) Number (ii) Amount 17 1305 Nil NA2.Applications accepted for one day repo period:(i) Number (ii) Amount (iii) Cut-off Rate (per cent) 16 1295 10.00 Nil NA NA3.Applications received for three day repo periodThe results of the RBI Repo/Reverse Repo auctions held on September 18, 2000 are :(Amount in face value in Rs. crore)Item Repo Auction (Sale of securities by RBI)Reverse Repo Auction (Purchase of securities by RBI)1.Applications received for one day repo period:(i) Number (ii) Amount 17 1305 Nil NA2.Applications accepted for one day repo period:(i) Number (ii) Amount (iii) Cut-off Rate (per cent) 16 1295 10.00 Nil NA NA3.Applications received for three day repo period
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Sep 18, 2000Repo/Reverse Repo Auction under LAFThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 19, 2000 (Tuesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.m. on SThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 19, 2000 (Tuesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.m. on S
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Sep 18, 2000Repo AuctionIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a three-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treausry Bills on September 19, 2000 (Tuesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the same fIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a three-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treausry Bills on September 19, 2000 (Tuesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the same f
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Sep 16, 2000High Level Russian Delegation visits RBIA high level Russian Banking Delegation comprising representatives from the Central Bank of Russia, Russian Ministries of Finance and Commerce, major Russian banking institutions, including Bank for Foreign and Economic Affairs of USSR (BFEAU) visited the Reserve Bank of India, New Delhi on September 14 and 15, 2000. The delegation was led by Mr. V. N. Smirnov, Managing Director of Russian Central Bank. They were attending the meetings of the Indo-Russian Sub-Group onA high level Russian Banking Delegation comprising representatives from the Central Bank of Russia, Russian Ministries of Finance and Commerce, major Russian banking institutions, including Bank for Foreign and Economic Affairs of USSR (BFEAU) visited the Reserve Bank of India, New Delhi on September 14 and 15, 2000. The delegation was led by Mr. V. N. Smirnov, Managing Director of Russian Central Bank. They were attending the meetings of the Indo-Russian Sub-Group on
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Sep 16, 2000Money Market Operations as on September 15, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings133166200019516Lendings41052495422210822(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.699.97 (b) Range of rates8.00-11.508.00-12.502 Term Money Market*Volume(Turnover)Range of Rates9369.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10823at Bank Rate4. Liquidity Ad(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings133166200019516Lendings41052495422210822(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.699.97 (b) Range of rates8.00-11.508.00-12.502 Term Money Market*Volume(Turnover)Range of Rates9369.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10823at Bank Rate4. Liquidity Ad
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Sep 16, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 15 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 13, 2000 12.70 % 2001 10.00 100.82 10.7765 12.70 % 2001 10.00 100.82 10.7765 13.85 % 2001 10.00 101.56 10.7401 11.00 % 2002 20.00 100.41 10--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 13, 2000 12.70 % 2001 10.00 100.82 10.7765 12.70 % 2001 10.00 100.82 10.7765 13.85 % 2001 10.00 101.56 10.7401 11.00 % 2002 20.00 100.41 10
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Sep 16, 2000Advisory Group on Transparency in Monetary and Financial Policies Submits reportIt may be recalled that the Governor, Reserve Bank of India constituted a Standing Committee on International Financial Standards and Codes in December 1999 in order to identify and monitor developments in global standards and codes, consider aspects of applicability of these standards to Indian financial system, periodically review the status and make available its reports to all concerned organizations in public or private sector. The Standing Committee chaired by DIt may be recalled that the Governor, Reserve Bank of India constituted a Standing Committee on International Financial Standards and Codes in December 1999 in order to identify and monitor developments in global standards and codes, consider aspects of applicability of these standards to Indian financial system, periodically review the status and make available its reports to all concerned organizations in public or private sector. The Standing Committee chaired by D
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Sep 16, 2000Repo/Reverse Repo Auction under LAFThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 18, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai.The eligible banks/institutions may submit separate applications before 11.00 a.m. on SepThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 18, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai.The eligible banks/institutions may submit separate applications before 11.00 a.m. on Sep
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Sep 16, 2000Repo AuctionIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a three-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treasury Bills on September 18, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the same foIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a three-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treasury Bills on September 18, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the same fo
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Sep 15, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 14 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 13, 2000 11.40 % 2000 10.00 100.00 11.1088 12.70 % 2001 25.00 100.82 10.7765 13.85 % 2001 15.00 101.56 10.7401 11.75 % 2001 5.00 101.06 10.--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 13, 2000 11.40 % 2000 10.00 100.00 11.1088 12.70 % 2001 25.00 100.82 10.7765 13.85 % 2001 15.00 101.56 10.7401 11.75 % 2001 5.00 101.06 10.
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Sep 15, 2000Reserve Bank of India - Foreign Exchange Data from 28/08/2000 to 31/08/2000MERCHANTINTER BANKFCY/INRFCY/FCYFCY/INRFCY/FCYPOSITION DATESPOTFORWARD FORWARD CANCELLATIONSPOTFORWARDFORWARD CANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARDPURCHASES28.08.200043669361010226021,0441112751351129.08.200029070210318111608722975272192330.08.2000228821251442276131,1561625081461831.08.200026659551922306631,73811528314411SALES28.08.2000399269301014255517811162781361729.08.200031423830319111582692926452413030.08.2000366116121437316009841865621421931.08.20003201512MERCHANTINTER BANKFCY/INRFCY/FCYFCY/INRFCY/FCYPOSITION DATESPOTFORWARD FORWARD CANCELLATIONSPOTFORWARDFORWARD CANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARDPURCHASES28.08.200043669361010226021,0441112751351129.08.200029070210318111608722975272192330.08.2000228821251442276131,1561625081461831.08.200026659551922306631,73811528314411SALES28.08.2000399269301014255517811162781361729.08.200031423830319111582692926452413030.08.2000366116121437316009841865621421931.08.20003201512
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Sep 15, 200014 Day Treasury Bills : Auction ResultsDate of Auction :September 15, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:16 Amount:Rs.308.00 crore (b) Non-competitive bids Number:1 Amount:Rs.280.00 crore III.Cut-off price:Rs.99.67 IV.Competitive bids accepted Number:4 Amount:Rs.100.00 crore V.Partial Allotment Percentage:54.55 (2 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.280.00 crore (b)Partial Allotment Percentage:NA VIII.WeiDate of Auction :September 15, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:16 Amount:Rs.308.00 crore (b) Non-competitive bids Number:1 Amount:Rs.280.00 crore III.Cut-off price:Rs.99.67 IV.Competitive bids accepted Number:4 Amount:Rs.100.00 crore V.Partial Allotment Percentage:54.55 (2 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.280.00 crore (b)Partial Allotment Percentage:NA VIII.Wei
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Sep 15, 200091 Day Treasury Bills : Auction ResultsDate of Auction : September 15, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:18 Amount:Rs.193.50 crore (b) Non-competitive bids Number:1 Amount:Rs.80.00 crore III.Cut-off price:Rs.97.51 IV.Competitive bids accepted Number:5 Amount:Rs.100.00 crore V.Partial Allotment Percentage:91.67 (3 bids) VI.Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.80.00 crore (b)Partial Allotment Percentage:NAP.V. SadanDate of Auction : September 15, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:18 Amount:Rs.193.50 crore (b) Non-competitive bids Number:1 Amount:Rs.80.00 crore III.Cut-off price:Rs.97.51 IV.Competitive bids accepted Number:5 Amount:Rs.100.00 crore V.Partial Allotment Percentage:91.67 (3 bids) VI.Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.80.00 crore (b)Partial Allotment Percentage:NAP.V. Sadan
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Sep 15, 2000Money Market Operations as on September 14, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings135315133018664Lendings47712215395210938(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.6510.09 (b) Range of rates7.00-10.809.50-12.502 Term Money Market*Volume(Turnover)Range of Rates9039.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings135315133018664Lendings47712215395210938(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.6510.09 (b) Range of rates7.00-10.809.50-12.502 Term Money Market*Volume(Turnover)Range of Rates9039.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate
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Sep 15, 2000RBI Reference Rate for US $September 15, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.45.76 on 15.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN14 September 200045.680064.187339.204942.6615 September 200045.760064.350039.571042.5700Note : The reference rate is based on 12 noon rates of a few selectSeptember 15, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.45.76 on 15.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN14 September 200045.680064.187339.204942.6615 September 200045.760064.350039.571042.5700Note : The reference rate is based on 12 noon rates of a few select
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Sep 15, 2000Liquidity Adjustment Facility : Auction ResultsThe results of the RBI Repo/Reverse Repo auctions held on September 15, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for three day repo period: (i) Number (ii) Amount 7 390 1 10 2.Applications accepted for three day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) 7 390 10.00 Nil NA NA 3.Applications received for five day repo pThe results of the RBI Repo/Reverse Repo auctions held on September 15, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for three day repo period: (i) Number (ii) Amount 7 390 1 10 2.Applications accepted for three day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) 7 390 10.00 Nil NA NA 3.Applications received for five day repo p
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Sep 14, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 13 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 11, 2000 11.40 % 2008 5.00 100.17 11.3654 11.40 % 2008 5.00 100.175 11.3645 11.40 % 2008 5.00 100.29 11.3422 11.40 % 2008 5.00 100.145 11.3--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 11, 2000 11.40 % 2008 5.00 100.17 11.3654 11.40 % 2008 5.00 100.175 11.3645 11.40 % 2008 5.00 100.29 11.3422 11.40 % 2008 5.00 100.145 11.3
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Sep 14, 2000Money Market Operations as on September 13, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings136276170019797Lendings3663270635899958(ii) Interest RatesBorrowingsLendings (a)Weighted average rate10.4010.49 (b) Range of rates9.00-11.809.80-12.502 Term Money Market*Volume(Turnover)Range of Rates9709.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 11111at Bank Rate4. Liquidity A(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings136276170019797Lendings3663270635899958(ii) Interest RatesBorrowingsLendings (a)Weighted average rate10.4010.49 (b) Range of rates9.00-11.809.80-12.502 Term Money Market*Volume(Turnover)Range of Rates9709.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 11111at Bank Rate4. Liquidity A
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Sep 14, 2000RBI Reference Rate for US $September 14, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.45.68 on 14.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN 13 September 200045.640064.306839.558542.660014 September 200045.680064.187339.204942.6600Note : The reference rate is based on 12 noon rates of a few selSeptember 14, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.45.68 on 14.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN 13 September 200045.640064.306839.558542.660014 September 200045.680064.187339.204942.6600Note : The reference rate is based on 12 noon rates of a few sel
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Sep 14, 2000Liquidity Adjustment Facility : Auction ResultsThe results of the RBI Repo/Reverse Repo auctions held on September 14, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount Nil NA 1 10 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) Nil NA NA Nil NA NA 3.Applications received for five day repo periodThe results of the RBI Repo/Reverse Repo auctions held on September 14, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount Nil NA 1 10 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) Nil NA NA Nil NA NA 3.Applications received for five day repo period
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Sep 14, 2000Repo AuctionIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a five-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treasury Bills on September 15, 2000 (Friday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the same forIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a five-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treasury Bills on September 15, 2000 (Friday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the same for
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Sep 14, 2000Repo/Reverse Repo Auction under LAFThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced three day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 15, 2000 (Friday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai.The eligible banks/institutions may submit separate applications before 11.00 a.m. on SThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced three day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 15, 2000 (Friday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai.The eligible banks/institutions may submit separate applications before 11.00 a.m. on S
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Sep 13, 2000Money Market Operations as on September 12, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings112905638016928Lendings4410175023018461(ii) Interest RatesBorrowingsLendings (a)Weighted average rate10.1410.28 (b) Range of rates9.00-11.509.60-11.002 Term Money Market*Volume(Turnover)Range of Rates9709.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 11026at Bank Rate4. Liquidity A(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings112905638016928Lendings4410175023018461(ii) Interest RatesBorrowingsLendings (a)Weighted average rate10.1410.28 (b) Range of rates9.00-11.509.60-11.002 Term Money Market*Volume(Turnover)Range of Rates9709.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 11026at Bank Rate4. Liquidity A
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Sep 13, 2000RBI Reference Rate for US $September 13, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.64 on 13.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN12 September 200045.600063.960839.152242.9513 September 200045.640064.306839.558542.6600Note : The reference rate is based on 12 noon rates of a few sSeptember 13, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.64 on 13.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN12 September 200045.600063.960839.152242.9513 September 200045.640064.306839.558542.6600Note : The reference rate is based on 12 noon rates of a few s
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Sep 13, 2000182 day Treasury Bills : Auction ResultsDate of Auction : September 13, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:23 Amount:Rs.237.50 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.95.05 IV.Competitive bids accepted Number:16 Amount:Rs.100.00 crore V.Partial Allotment Percentage:37.13 (7 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:NA VIII.Weighted Average Price:9Date of Auction : September 13, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:23 Amount:Rs.237.50 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.95.05 IV.Competitive bids accepted Number:16 Amount:Rs.100.00 crore V.Partial Allotment Percentage:37.13 (7 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:NA VIII.Weighted Average Price:9
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Sep 13, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 12 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 09, 2000 11.50 % 2009 0.20 100.40 11.4193 Contract Date : September 11, 2000 11.55 % 2001 5.00 100.775 10.4792 10.85 % 2001 10.00 100.16 10--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 09, 2000 11.50 % 2009 0.20 100.40 11.4193 Contract Date : September 11, 2000 11.55 % 2001 5.00 100.775 10.4792 10.85 % 2001 10.00 100.16 10
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Sep 13, 2000Liquidity Adjustment Facility : Auction ResultsThe results of the RBI Repo/Reverse Repo auctions held on September 13, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount 1 200 1 10 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) Nil NA NA Nil NA NA 3.Applications received for five day repo period:The results of the RBI Repo/Reverse Repo auctions held on September 13, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount 1 200 1 10 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) Nil NA NA Nil NA NA 3.Applications received for five day repo period:
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Sep 13, 2000Repo/Reverse Repo Auction under LAFThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility (LAF), has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 14, 2000 (Thursday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.The Reserve Bank of India under the Scheme of Liquidity Adjustment Facility (LAF), has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 14, 2000 (Thursday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.
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Sep 13, 2000Repo AuctionIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility (LAF), Reserve Bank of India has announced a five-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treausry Bills on September 14, 2000 (Thursday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in theIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility (LAF), Reserve Bank of India has announced a five-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treausry Bills on September 14, 2000 (Thursday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the
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Sep 12, 2000Money Market Operations as on September 11, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings126795920018599Lendings37762873427210921(ii) Interest RatesBorrowingsLendings (a)Weighted average rate10.6810.82 (b) Range of rates8.00-14.008.40-14.502 Term Money Market*Volume(Turnover)Range of Rates12279.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 11198at Bank Rate4. Liquidity(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings126795920018599Lendings37762873427210921(ii) Interest RatesBorrowingsLendings (a)Weighted average rate10.6810.82 (b) Range of rates8.00-14.008.40-14.502 Term Money Market*Volume(Turnover)Range of Rates12279.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 11198at Bank Rate4. Liquidity
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Sep 12, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 11 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 08, 2000 12.08 % 2001 0.80 100.48 11.1437 11.55 % 2002(I) 0.01 101.90 10.5362 11.55 % 2002(I) 0.025 101.90 10.5362 11.55 % 2002(I) 0.10 101--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 08, 2000 12.08 % 2001 0.80 100.48 11.1437 11.55 % 2002(I) 0.01 101.90 10.5362 11.55 % 2002(I) 0.025 101.90 10.5362 11.55 % 2002(I) 0.10 101
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Sep 12, 2000RBI - Sale priceSeptember 12, 2000The Reserve Bank of India modifies Open Market Operations sales list with effect from 11.15 a.m. - One Security withdrawn.The price list effective from September 12, 2000 is as under :Sr.no.SecuritySale Price Rs. Ps. 1.11.75% 2004102.90P.V. Sadanandan Asstt. ManagerPress Release : 2000-2001/387September 12, 2000The Reserve Bank of India modifies Open Market Operations sales list with effect from 11.15 a.m. - One Security withdrawn.The price list effective from September 12, 2000 is as under :Sr.no.SecuritySale Price Rs. Ps. 1.11.75% 2004102.90P.V. Sadanandan Asstt. ManagerPress Release : 2000-2001/387
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Sep 12, 2000RBI Reference Rate for US $September 12, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.45.60 on 12.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN11 September 200045.630064.764939.620542.9712 September 200045.600063.960839.152242.9500Note : The reference rate is based on 12 noon rates of a few selectSeptember 12, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.45.60 on 12.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN11 September 200045.630064.764939.620542.9712 September 200045.600063.960839.152242.9500Note : The reference rate is based on 12 noon rates of a few select
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Sep 12, 2000Rejection of application for certificate of registrationThe Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on September 11, 2000 the application for certificate of registration submitted by M/s. Festoon Finance and Investment (India) Ltd. having its Registered Office at Thakurbari Road, Hojal, District Nagaon, Assam for carrying on the business of a Non-Banking Financial Institution. However, the company is required to repay to the eThe Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on September 11, 2000 the application for certificate of registration submitted by M/s. Festoon Finance and Investment (India) Ltd. having its Registered Office at Thakurbari Road, Hojal, District Nagaon, Assam for carrying on the business of a Non-Banking Financial Institution. However, the company is required to repay to the e
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Sep 12, 2000Liquidity Adjustment Facility : Auction ResultsThe results of the RBI Repo/Reverse Repo auctions held on September 12, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount 1 185 Nil NA 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) Nil NA NA NA NA NA 3.Applications receiThe results of the RBI Repo/Reverse Repo auctions held on September 12, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount 1 185 Nil NA 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) Nil NA NA NA NA NA 3.Applications recei
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Sep 12, 2000Repo/Reverse Repo Auction under LAFThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 13, 2000 (Wednesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.m. onThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities except 14-day Treasury Bills on September 13, 2000 (Wednesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.m. on
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Sep 12, 2000Repo AuctionIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a five-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treausry Bills on September 13, 2000 (Wednesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the sameIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a five-day repos auctions in Government of India dated securities and Treasury Bills of all maturities except 14-day Treausry Bills on September 13, 2000 (Wednesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the same
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Sep 11, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 09 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 07, 2000 11.40 % 2000 8.00 99.987 11.3248 Contract Date : September 08, 2000 11.40 % 2000 5.00 99.99 11.2897 11.75 % 2001 1.00 101.05 10.56--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 07, 2000 11.40 % 2000 8.00 99.987 11.3248 Contract Date : September 08, 2000 11.40 % 2000 5.00 99.99 11.2897 11.75 % 2001 1.00 101.05 10.56
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Sep 11, 2000RBI - to conduct OMO Sales with effect from 12 September, 2000The price list effective from September 12, 2000 is as under:Sr.no.SecuritySale Price Rs. Ps.1.11.75% 2004102.90 2.11.40% 2008100.20P.V. Sadanandan Asstt. ManagerPress Release : 2000-2001/385The price list effective from September 12, 2000 is as under:Sr.no.SecuritySale Price Rs. Ps.1.11.75% 2004102.90 2.11.40% 2008100.20P.V. Sadanandan Asstt. ManagerPress Release : 2000-2001/385
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Sep 11, 2000Money Market Operations as on September 9, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings85833242011825Lendings535722466748277(ii) Interest RatesBorrowingsLendings (a)Weighted average rate11.7911.95 (b) Range of rates8.00-13.509.50-13.502 Term Money Market*Volume(Turnover)Range of Rates10859.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10755at Bank Rate4. Liquidity Ad(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings85833242011825Lendings535722466748277(ii) Interest RatesBorrowingsLendings (a)Weighted average rate11.7911.95 (b) Range of rates8.00-13.509.50-13.502 Term Money Market*Volume(Turnover)Range of Rates10859.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10755at Bank Rate4. Liquidity Ad
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Sep 11, 200014 Day Treasury Bills - Auction AnnouncedThe Reserve Bank of India has announced the auction of 14 day Government of India treasury bills for a notified amount of Rs.100 crore. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government of India. Tenders should be submitted in the prescribed form on Friday, SeptThe Reserve Bank of India has announced the auction of 14 day Government of India treasury bills for a notified amount of Rs.100 crore. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government of India. Tenders should be submitted in the prescribed form on Friday, Sept
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Sep 11, 200091 Day Treasury Bills - Auction AnnouncedThe Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.100 crore. The auction will be conducted using 'Uniform Price Auction' method. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government of IndiaThe Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.100 crore. The auction will be conducted using 'Uniform Price Auction' method. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government of India
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Sep 11, 2000RBI Reference Rate for US $September 11, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.45.63 on 11.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN08 September 200045.640065.589239.809543.2311 September 200045.630064.764939.620542.9700Note : The reference rate is based on 12 noon rates of a few selectSeptember 11, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.45.63 on 11.09.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN08 September 200045.640065.589239.809543.2311 September 200045.630064.764939.620542.9700Note : The reference rate is based on 12 noon rates of a few select
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Sep 11, 2000182 Day Treasury Bills - Auction AnnouncedThe Reserve Bank of India has announced the auction of 182 day Government of India treasury bills for a notified amount of Rs.100 crore. State Governments are allowed to participate as non-competitive bidders and the allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by GovernmentThe Reserve Bank of India has announced the auction of 182 day Government of India treasury bills for a notified amount of Rs.100 crore. State Governments are allowed to participate as non-competitive bidders and the allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government
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Sep 11, 2000Liquidity Adjustment Facility : Auction ResultsThe results of the RBI Repo/Reverse Repo auctions held on September 11, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount 5 1785 Nil NA 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) 3 1675 10.00 NA NA NA 3.Applications received for three day repo pThe results of the RBI Repo/Reverse Repo auctions held on September 11, 2000 are : (Amount in face value in Rs. crore) Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1.Applications received for one day repo period: (i) Number (ii) Amount 5 1785 Nil NA 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) 3 1675 10.00 NA NA NA 3.Applications received for three day repo p
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Sep 11, 2000Repo AuctionIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a three-day repos auctions in Government of India dated securities and Treasury Bills (91, 182 and 364-day) on September 12, 2000 (Tuesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai.The eligible banks/institutions may submit separate applications in the same format as in the case of LAIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a three-day repos auctions in Government of India dated securities and Treasury Bills (91, 182 and 364-day) on September 12, 2000 (Tuesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai.The eligible banks/institutions may submit separate applications in the same format as in the case of LA
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Sep 11, 2000Repo/Reverse Repo Auction under LAFThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills (91, 182, 364-day) on September 12, 2000 (Tuesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai.The eligible banks/institutions may submit separate applications before 11.00 a.m. on September 12, 2000 indicatingThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills (91, 182, 364-day) on September 12, 2000 (Tuesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai.The eligible banks/institutions may submit separate applications before 11.00 a.m. on September 12, 2000 indicating
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Sep 09, 2000Pay Income-tax dues in advance at any designated bank branch : RBIThe Reserve Bank of India has advised income-tax assessees in the cities of Mumbai and Navi Mumbai to take advantage of paying their income-tax dues at any of the designated bank branches. The income-tax department has authorised approximately 781 branches of public sector banks in Mumbai and Navi Mumbai to accept payment of income-tax dues. The Reserve Bank has also advised income-tax assessees to avoid last minute rush at the Reserve Bank / designated banks' counterThe Reserve Bank of India has advised income-tax assessees in the cities of Mumbai and Navi Mumbai to take advantage of paying their income-tax dues at any of the designated bank branches. The income-tax department has authorised approximately 781 branches of public sector banks in Mumbai and Navi Mumbai to accept payment of income-tax dues. The Reserve Bank has also advised income-tax assessees to avoid last minute rush at the Reserve Bank / designated banks' counter
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Sep 09, 2000Money Market Operations as on September 8, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings750611021018527Lendings3070380529239798(ii) Interest RatesBorrowingsLendings (a)Weighted average rate10.5010.50 (b) Range of rates7.90-16.007.90-18.002 Term Money Market*Volume(Turnover)Range of Rates9059.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 11137at Bank Rate4. Liquidity A(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings750611021018527Lendings3070380529239798(ii) Interest RatesBorrowingsLendings (a)Weighted average rate10.5010.50 (b) Range of rates7.90-16.007.90-18.002 Term Money Market*Volume(Turnover)Range of Rates9059.50-13.503. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 11137at Bank Rate4. Liquidity A
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Sep 09, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 08 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 07, 2000 11.55 % 2001 5.00 100.74 10.5393 11.55 % 2001 5.00 100.725 10.5586 11.55 % 2001 5.00 100.72 10.5651 11.55 % 2001 5.00 100.72 10.56--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 07, 2000 11.55 % 2001 5.00 100.74 10.5393 11.55 % 2001 5.00 100.725 10.5586 11.55 % 2001 5.00 100.72 10.5651 11.55 % 2001 5.00 100.72 10.56
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Sep 09, 2000Repo/Reverse Repo Auction under LAFThe Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo and reverse repo auction in Government of India dated securities and treasury bills of all maturity except 14-day treasury bills on September 11, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai.The eligible banks/institutions may submit separate applications before 11.00 a.m. on September 11,The Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo and reverse repo auction in Government of India dated securities and treasury bills of all maturity except 14-day treasury bills on September 11, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai.The eligible banks/institutions may submit separate applications before 11.00 a.m. on September 11,
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Sep 09, 2000Repo AuctionIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility (LAF), Reserve Bank of India has announced a three-day repos auction in Government of India dated securities and Treasury Bills of all maturities (except 14-day Treasury Bills) on September 11, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in theIn addition to regular auctions under the Scheme of Liquidity Adjustment Facility (LAF), Reserve Bank of India has announced a three-day repos auction in Government of India dated securities and Treasury Bills of all maturities (except 14-day Treasury Bills) on September 11, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the
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Sep 08, 2000Subsidiary General Ledger Account Transactions in Government Dated Securities and Treasury Bills at RBI, Mumbai on 07 September 2000--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 05, 2000 11.10 % 2003 1.35 100.85 10.7058 Contract Date : September 06, 2000 11.55 % 2001 15.00 100.63 10.6846 10.75 % 2001 10.00 99.97 10.--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 05, 2000 11.10 % 2003 1.35 100.85 10.7058 Contract Date : September 06, 2000 11.55 % 2001 15.00 100.63 10.6846 10.75 % 2001 10.00 99.97 10.
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Sep 08, 2000Money Market Operations as on September 7, 2000(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings99095015014924Lendings2001180717675575(ii) Interest RatesBorrowingsLendings (a)Weighted average rate12.5912.89 (b) Range of rates10.80-18.0011.50-18.002 Term Money Market*Volume(Turnover)Range of Rates6179.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 11053at Bank Rate4. Liquidity(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings99095015014924Lendings2001180717675575(ii) Interest RatesBorrowingsLendings (a)Weighted average rate12.5912.89 (b) Range of rates10.80-18.0011.50-18.002 Term Money Market*Volume(Turnover)Range of Rates6179.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 11053at Bank Rate4. Liquidity
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Sep 08, 200014 Day Treasury Bills : Auction ResultsDate of Auction :September 8, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:21 Amount:Rs.324.5025 crore (b) Non-competitive bids Number:1 Amount:Rs.150.00 crore III.Cut-off price:Rs.99.62 IV.Competitive bids accepted Number:5 Amount:Rs.100.00 crore V.Partial Allotment Percentage:55.56 (3 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.150.00 crore (b)Partial Allotment Percentage:NA VIII.WeDate of Auction :September 8, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:21 Amount:Rs.324.5025 crore (b) Non-competitive bids Number:1 Amount:Rs.150.00 crore III.Cut-off price:Rs.99.62 IV.Competitive bids accepted Number:5 Amount:Rs.100.00 crore V.Partial Allotment Percentage:55.56 (3 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.150.00 crore (b)Partial Allotment Percentage:NA VIII.We
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Sep 08, 200091 Day Treasury Bills : Auction ResultsDate of Auction : September 8, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:22 Amount:Rs.210.00 crore (b) Non-competitive bids Number:1 Amount:Rs.60.00 crore III.Cut-off price:Rs.97.48 IV.Competitive bids accepted Number:8 Amount:Rs.100.00 crore V.Partial Allotment Percentage:71.43 (3 bids) VI.Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.60.00 crore (b)Partial Allotment Percentage:NAP.V. SadanaDate of Auction : September 8, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:22 Amount:Rs.210.00 crore (b) Non-competitive bids Number:1 Amount:Rs.60.00 crore III.Cut-off price:Rs.97.48 IV.Competitive bids accepted Number:8 Amount:Rs.100.00 crore V.Partial Allotment Percentage:71.43 (3 bids) VI.Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.60.00 crore (b)Partial Allotment Percentage:NAP.V. Sadana
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