(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings117395643017382Lendings62181927311911264(ii) Interest RatesBorrowingsLendings (a)Weighted average rate11.6811.69 (b) Range of rates8.00-13.0010.40-13.002 Term Money Market*Volume(Turnover)Range of Rates9749.50-12.753. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10117at Bank Rate4. Liquidity

--------------------------------------------------------------------------- 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 : November 07, 2000 11.43 % 2015 0.50 98.65 11.6176 Contract Date : November 08, 2000 11.55 % 2001 20.00 100.74 10.2942 11.55 % 2001 15.00 100.74 10.29

The 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 November 9, 2000 the application for certificate of registration submitted by M/s. Stem Finance Ltd. AT & PS Sukhdeo Nagar, P.O.Hehal, Ratu Road, Ranchi-5. 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 Reserve Bank of India Act,

November 10, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.74 on 10.11.2000. 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 YEN09 November 200046.730066.239839.905143.5410 November 200046.740066.854640.516643.4400Note : The reference rate is based on 12 noon rates of a few select ba

The Reserve Bank of India has set up a multi-disciplinary working group to look into the introduction of consolidated accounting and other quantitative techniques of consolidated supervision of bank groups. The composition of the Working Group is: 1. Shri Vipin MallikChairman Chartered Accountant Member, Central Board of Directors, Reserve Bank of India 2. Shri K L KhetarpaulMember Chief General Manager-in-charge Reserve Bank of India Department of Banking Supervision

Date of Auction : November 10, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:16 Amount:Rs.262.00 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.97.78 IV.Competitive bids accepted Number:5 Amount:Rs.100.00 crore V.Partial Allotment Percentage:38.89 (1 bid) VI.Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:NAP.V. Sadanandan Asstt. ManagerPres

Date of Auction :November 10, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:15 Amount:Rs.162.00 crore (b) Non-competitive bids Number:1 Amount:Rs.130.00 crore III.Cut-off price:Rs.99.65 IV.Competitive bids accepted Number:5 Amount:Rs.82.50 crore V.Partial Allotment Percentage:N.A. VI .Devolvement on RBI:Rs.17.50 crore VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.130.00 crore (b)Partial Allotment Percentage:N.A. VIII.We

The results of the RBI Repo/Reverse Repo auctions held on November 10, 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 Nil NA 63 6755 2.Applications accepted for three day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) NA NA NA 63 6755 10 3.Applications received for five day repo

The 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 of 91, 182 and 364 day Treasury Bills on November 13, 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.

In addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a three-day repo auction in Government of India dated securities and Treasury Bills of all maturities of 91, 182 and 364 day Treausry Bills on November 13, 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 s

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings132576160019417Lendings85071656312513288(ii) Interest RatesBorrowingsLendings (a)Weighted average rate10.4910.46 (b) Range of rates8.50-12.0010.00-12.002 Term Money Market*Volume(Turnover)Range of Rates9039.50-12.753. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10702at Bank Rate4. Liquidity

November 9, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.73 on 09.11.2000. 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 November 200046.690066.624340.2258 43.5709 November 200046.730066.239839.9051 43.5400Note : The reference rate is based on 12 noon rates of a few select b

Government of India have announced auction of 11.03 percent Government Stock, 2012 for an aggregate amount of Rs 4,000 crore(nominal). 2. The auction will be price based and will be conducted by the Reserve Bank of India (RBI) at Mumbai on Monday, November 13, 2000. Bids in the prescribed form obtainable from the Regional Director, RBI, Public Debt Office, Fort, Mumbai should be submitted on Monday, November 13, 2000 during the banking hours. On the basis of bids rece

The price list effective from November 10, 2000 is as under:Sr.no.SecuritySale Price Rs. Ps.1.11.75% 2006103.802. 11.90% 2007104.40P.V.Sadanandan Asst. ManagerPress Release : 2000-2001/702

--------------------------------------------------------------------------- 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 : November 08, 2000 11.30 % 2010 2.00 100.20 11.2731 Contract Date : November 04, 2000 11.30 % 2010 5.00 100.00 11.2934 Contract Date : November 06, 20

The results of the RBI Repo/Reverse Repo auctions held on November 9, 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 61 5890 2.Applications accepted for one day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) NA NA NA 60 5880 10 3.Applications received for five day repo perio

The 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 of 91, 182 and 364 day Treasury Bills on November 10, 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

In addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a five-day repo auction in Government of India dated securities and Treasury Bills of all maturities of 91, 182 and 364 day Treausry Bills on November 10, 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 sa

The Reserve Bank of India has cancelled the licence of The Nagrik Co-operative Commercial Bank Maryadit, Bilaspur, Madhya Pradesh to carry on banking business 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 otherw

The Reserve Bank of India will shortly be issuing Rs. 100 notes in Mahatma Gandhi Series bearing the signature of Dr.Bimal Jalan, Governor with capital letter `F' inset in both numbering panels. Except for this change, the design of the Rs 100 notes to be issued now is similar to those issued earlier in the `Mahatma Gandhi' Series. All Rs. 100 denomination notes, in various designs, issued by the Bank in the past will continue to be legal tender.P.V.Sadanandan Asstt.