Press Releases - ആർബിഐ - Reserve Bank of India
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Press Releases
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ഡിസം 24, 199891 Day Treasury Bills : Auction ResultsDate of Auction : December 24, 1998 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:6 Amount:Rs.68.00 crore (b) Non-competitive bids Number:1 Amount:Rs. 50.00 crore III.Cut-off price:Rs.97.66 IV.Competitive bids accepted Number:4 Amount:Rs.48.00 crore V.Partial Allotment Percentage:N.A. VI .Devolvement on Primary Dealers:Rs.16.00 crore ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Rs. 36.00 crore VIII .Non-competDate of Auction : December 24, 1998 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:6 Amount:Rs.68.00 crore (b) Non-competitive bids Number:1 Amount:Rs. 50.00 crore III.Cut-off price:Rs.97.66 IV.Competitive bids accepted Number:4 Amount:Rs.48.00 crore V.Partial Allotment Percentage:N.A. VI .Devolvement on Primary Dealers:Rs.16.00 crore ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Rs. 36.00 crore VIII .Non-compet
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ഡിസം 24, 199812.50% State Government Loans, 2008 (Second Issue)In Partial modification of our press release dated December 21, 1998 regarding issue of loans of fifteen State Governments, it has now been decided, at the instance of the Government of Bihar, that the Government of Bihar will be raising an amount of Rs. 214.00 crore only as against Rs.321.44 crore announced earlier. Accordingly, the aggregate amount of loans to be raised stands reduced to Rs. 1612.06 crore. Alpana Killawala General Manager Press Release:1998-99/839In Partial modification of our press release dated December 21, 1998 regarding issue of loans of fifteen State Governments, it has now been decided, at the instance of the Government of Bihar, that the Government of Bihar will be raising an amount of Rs. 214.00 crore only as against Rs.321.44 crore announced earlier. Accordingly, the aggregate amount of loans to be raised stands reduced to Rs. 1612.06 crore. Alpana Killawala General Manager Press Release:1998-99/839
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ഡിസം 24, 199814 Day Treasury Bills : Auction ResultsDate of Auction : December 24, 1998 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:5 Amount:Rs.58.00 Crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.99.65 IV.Competitive bids accepted Number:5 Amount:Rs.58.00 crore V.Partial Allotment Percentage:N.A. VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Rs. 42.00 crore VIII .Non-competitive bids accepted (a)Date of Auction : December 24, 1998 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:5 Amount:Rs.58.00 Crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.99.65 IV.Competitive bids accepted Number:5 Amount:Rs.58.00 crore V.Partial Allotment Percentage:N.A. VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Rs. 42.00 crore VIII .Non-competitive bids accepted (a)
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ഡിസം 23, 199814 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.Tenders should be submitted in the prescribed form on Thursday, December 24, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, December 26, 1998 Maureen SThe 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.Tenders should be submitted in the prescribed form on Thursday, December 24, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, December 26, 1998 Maureen S
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ഡിസം 23, 199891 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.Tenders should be submitted in the prescribed form on Thursday, December 24, 1998 before 1430 hours. The results will be announced the same evening. Payment byThe 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.Tenders should be submitted in the prescribed form on Thursday, December 24, 1998 before 1430 hours. The results will be announced the same evening. Payment by
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ഡിസം 21, 199812.50 per cent State Government Loans, 2008 (Second issue) announcedThe third tranche of market loans by fifteen State Governments for the year 1998-99 will be issued on December 28, 1998 for an aggregate amount of Rs. 1, 719.50 crore. The 12.50 per cent State Development Loans issued earlier on October 12, 1998 will be reissued at par in this tranche.The State-wise allocation is as under :Sr.NoName of State Amount (Rs. crore)1.Andhra Pradesh150.002.Assam60.003.Bihar321.444.Goa10.415.Gujarat70.006.Himachal Pradesh64.007.Karnataka299.6The third tranche of market loans by fifteen State Governments for the year 1998-99 will be issued on December 28, 1998 for an aggregate amount of Rs. 1, 719.50 crore. The 12.50 per cent State Development Loans issued earlier on October 12, 1998 will be reissued at par in this tranche.The State-wise allocation is as under :Sr.NoName of State Amount (Rs. crore)1.Andhra Pradesh150.002.Assam60.003.Bihar321.444.Goa10.415.Gujarat70.006.Himachal Pradesh64.007.Karnataka299.6
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ഡിസം 18, 199814 Day Treasury Bills : Auction ResultsDate of Auction : December 18, 1998 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:10 Amount:Rs.71.45 Crore (b) Non-competitive bids Number:1 Amount:Rs.200.00 crore III.Cut-off price:Rs.99.67 IV.Competitive bids accepted Number:9 Amount:Rs.61.45 crore V.Partial Allotment Percentage:N. A. VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Rs.38.55 crore VIII .Non-competitive bidsDate of Auction : December 18, 1998 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:10 Amount:Rs.71.45 Crore (b) Non-competitive bids Number:1 Amount:Rs.200.00 crore III.Cut-off price:Rs.99.67 IV.Competitive bids accepted Number:9 Amount:Rs.61.45 crore V.Partial Allotment Percentage:N. A. VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Rs.38.55 crore VIII .Non-competitive bids
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ഡിസം 18, 199891 Day Treasury Bills : Auction ResultsDate of Auction : December 18, 1998 I.Notified amount: Rs.400.00 crore II.Bids received (a) Competitive bids Number:12 Amount:Rs.323.50 crore (b) Non-competitive bids Number:1 Amount:Rs. 40.00 crore III.Cut-off price:Rs.97.69 IV.Competitive bids accepted Number:12 Amount:Rs.323.50 crore V.Partial Allotment Percentage:N. A. VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Rs.76.50 crore VIII .Non-competitive bDate of Auction : December 18, 1998 I.Notified amount: Rs.400.00 crore II.Bids received (a) Competitive bids Number:12 Amount:Rs.323.50 crore (b) Non-competitive bids Number:1 Amount:Rs. 40.00 crore III.Cut-off price:Rs.97.69 IV.Competitive bids accepted Number:12 Amount:Rs.323.50 crore V.Partial Allotment Percentage:N. A. VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Rs.76.50 crore VIII .Non-competitive b
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ഡിസം 16, 1998Result of Auction of 364 Day Treasury BillsDate of Auction : December 16, 1998 I.Notified amount: Rs.500.00 crore II.Bids received Number:40 Amount:Rs.1527.80 crore III.Cut-off price:Rs.90.50 IV.Bids accepted Number:5 Amount:Rs.500.00 crore V.Partial Allotment Percentage:29 (1 Bid) VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Nil VIII.Weighted Average Price:Rs.90.52 S. R. Singh Manager Press Release : 1998-99/797Date of Auction : December 16, 1998 I.Notified amount: Rs.500.00 crore II.Bids received Number:40 Amount:Rs.1527.80 crore III.Cut-off price:Rs.90.50 IV.Bids accepted Number:5 Amount:Rs.500.00 crore V.Partial Allotment Percentage:29 (1 Bid) VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Nil VIII.Weighted Average Price:Rs.90.52 S. R. Singh Manager Press Release : 1998-99/797
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ഡിസം 14, 199814 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.Tenders should be submitted in the prescribed form on Friday, December 18, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, December 19, 1998. Maureen ShaThe 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.Tenders should be submitted in the prescribed form on Friday, December 18, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, December 19, 1998. Maureen Sha
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ഡിസം 14, 199891 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.400 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.Tenders should be submitted in the prescribed form on Friday, December 18, 1998 before 1430 hours. The results will be announced the same evening. Payment by sThe Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.400 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.Tenders should be submitted in the prescribed form on Friday, December 18, 1998 before 1430 hours. The results will be announced the same evening. Payment by s
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ഡിസം 12, 1998364 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.Tenders should be submitted in the prescribed form on December 16, 1998 before 1430 hours. Results will be announced the same evening. Payment by successful bidders will be on December 18, 1998. Maureen Shankar ManagerPress Release : 1998-99/769The Reserve Bank of India has announced the auction of 364 day Government of India treasury bills for a notified amount of Rs.500 crore.Tenders should be submitted in the prescribed form on December 16, 1998 before 1430 hours. Results will be announced the same evening. Payment by successful bidders will be on December 18, 1998. Maureen Shankar ManagerPress Release : 1998-99/769
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ഡിസം 07, 1998Three-Year Government Stock, 2001 - Auction ResultsThe results of the auction of Three-year Government Stock, 2001 held on December 7, 1998 are: Auction Results I.Notified amount: Rs.1500.00 crore II.Bids received (i) Number:153 (ii) Amount:Rs.6368.00 crore III.Cut-off Yield (Coupon Rate):11.47 per centIV.Bids accepted (i) Number:9 (3 partial) (ii) Amount:Rs.1500.00 crore V.Partial Allotment Percentage:56.86 VI .Devolvement on RBI:Nil VII .Devolvement on Primary Dealers:Nil (in fulfillment of underwriting commitment)The results of the auction of Three-year Government Stock, 2001 held on December 7, 1998 are: Auction Results I.Notified amount: Rs.1500.00 crore II.Bids received (i) Number:153 (ii) Amount:Rs.6368.00 crore III.Cut-off Yield (Coupon Rate):11.47 per centIV.Bids accepted (i) Number:9 (3 partial) (ii) Amount:Rs.1500.00 crore V.Partial Allotment Percentage:56.86 VI .Devolvement on RBI:Nil VII .Devolvement on Primary Dealers:Nil (in fulfillment of underwriting commitment)
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ഡിസം 07, 199814 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.Tenders should be submitted in the prescribed form on Friday, December 11, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, December 12, 1998 Maureen ShanThe 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.Tenders should be submitted in the prescribed form on Friday, December 11, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, December 12, 1998 Maureen Shan
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ഡിസം 07, 199891 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.400 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.Tenders should be submitted in the prescribed form on Friday, December 11, 1998 before 1430 hours. The results will be announced the same evening. Payment by sThe Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.400 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.Tenders should be submitted in the prescribed form on Friday, December 11, 1998 before 1430 hours. The results will be announced the same evening. Payment by s
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ഡിസം 04, 199814 Day Treasury Bills : Auction ResultsDate of Auction : December 4, 1998 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:9 Amount:Rs.265.00 Crore (b) Non-competitive bids Number:1 Amount:Rs.200.00 crore III.Cut-off price:Rs.99.68 IV.Competitive bids accepted Number:5 Amount:Rs.100.00 crore V.Partial Allotment Percentage:89.29 (5 bids) VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Nil VIII .Non-competitive bids aDate of Auction : December 4, 1998 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:9 Amount:Rs.265.00 Crore (b) Non-competitive bids Number:1 Amount:Rs.200.00 crore III.Cut-off price:Rs.99.68 IV.Competitive bids accepted Number:5 Amount:Rs.100.00 crore V.Partial Allotment Percentage:89.29 (5 bids) VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Nil VIII .Non-competitive bids a
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ഡിസം 04, 199891 Day Treasury Bills : Auction ResultsDate of Auction : December 4, 1998 I.Notified amount: Rs.400.00 crore II.Bids received (a) Competitive bids Number:20 Amount:Rs.1170.00 Crore (b) Non-competitive bids Number:1 Amount:Rs.25.00 crore III.Cut-off price:Rs.97.71 IV.Competitive bids accepted Number:6 Amount:Rs.400.00 crore V.Partial Allotment Percentage:NA VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Nil VIII .Non-competitive bids accepted (a)Date of Auction : December 4, 1998 I.Notified amount: Rs.400.00 crore II.Bids received (a) Competitive bids Number:20 Amount:Rs.1170.00 Crore (b) Non-competitive bids Number:1 Amount:Rs.25.00 crore III.Cut-off price:Rs.97.71 IV.Competitive bids accepted Number:6 Amount:Rs.400.00 crore V.Partial Allotment Percentage:NA VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Nil VIII .Non-competitive bids accepted (a)
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ഡിസം 03, 1998Three-year Government of India Stock Auction AnnouncedThe Government of India has announced an auction of Three-year Stock for Rs. 1,500 crore. The auction will be conducted by the Reserve Bank of India (RBI) at Mumbai on Monday, December 7, 1998. Bids, in the prescribed form obtainable from the Chief General Manager, RBI, Public Debt Office, Fort, Mumbai should be submitted on Monday, December 7, 1998, during banking hours. On the basis of the bids received, the RBI will determine the maximum rate of yield at which offeThe Government of India has announced an auction of Three-year Stock for Rs. 1,500 crore. The auction will be conducted by the Reserve Bank of India (RBI) at Mumbai on Monday, December 7, 1998. Bids, in the prescribed form obtainable from the Chief General Manager, RBI, Public Debt Office, Fort, Mumbai should be submitted on Monday, December 7, 1998, during banking hours. On the basis of the bids received, the RBI will determine the maximum rate of yield at which offe
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ഡിസം 01, 199814 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.Tenders should be submitted in the prescribed form on Friday, December 4, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, December 5, 1998 Maureen ShankThe 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.Tenders should be submitted in the prescribed form on Friday, December 4, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, December 5, 1998 Maureen Shank
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ഡിസം 01, 199891 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.400 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.Tenders should be submitted in the prescribed form on Friday, December 4, 1998 before 1430 hours. The results will be announced the same evening. Payment by suThe Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.400 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.Tenders should be submitted in the prescribed form on Friday, December 4, 1998 before 1430 hours. The results will be announced the same evening. Payment by su
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ഡിസം 01, 1998RBI appeal to IT payersThe Reserve Bank of India has advised income tax assessees to take advantage of paying advance income tax at branches of designated banks. For the convenience of income tax assessees, arrangements have been made for receipt of advance income tax at specified branches of Bank of Baroda, Bank of India, Bank of Maharashtra, Central Bank of India, Dena Bank, Indian Overseas Bank, State Bank of India and United Bank of India. The designated branches of these banks have beeThe Reserve Bank of India has advised income tax assessees to take advantage of paying advance income tax at branches of designated banks. For the convenience of income tax assessees, arrangements have been made for receipt of advance income tax at specified branches of Bank of Baroda, Bank of India, Bank of Maharashtra, Central Bank of India, Dena Bank, Indian Overseas Bank, State Bank of India and United Bank of India. The designated branches of these banks have bee
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നവം 30, 1998364 Day Treasury Bills - Auction AnnouncedNovember 30, 1998The Reserve Bank of India has announced the auction of 364 day Government of India treasury bills for a notified amount of Rs.500 crore.Tenders should be submitted in the prescribed form on Wednesday, December 2, 1998 before 1430 hours. Results will be announced the same evening. Payment by successful bidders will be on Friday, December 4, 1998 Maureen Shankar ManagerPress Release : 1998-99/707November 30, 1998The Reserve Bank of India has announced the auction of 364 day Government of India treasury bills for a notified amount of Rs.500 crore.Tenders should be submitted in the prescribed form on Wednesday, December 2, 1998 before 1430 hours. Results will be announced the same evening. Payment by successful bidders will be on Friday, December 4, 1998 Maureen Shankar ManagerPress Release : 1998-99/707
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നവം 27, 199891 Day Treasury Bills : Auction ResultsDate of Auction : November 27, 1998 I.Notified amount: Rs.400.00 crore II.Bids received (a) Competitive bids Number:17 Amount:Rs.650.00 crore (b) Non-competitive bids Number:1 Amount:Rs. 25.00 crore III.Cut-off price:Rs.97.67 IV.Competitive bids accepted Number:12 (2 Partial) Amount:Rs.400.00 crore V.Partial Allotment Percentage:21.43 VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Nil VIII .Non-competitiveDate of Auction : November 27, 1998 I.Notified amount: Rs.400.00 crore II.Bids received (a) Competitive bids Number:17 Amount:Rs.650.00 crore (b) Non-competitive bids Number:1 Amount:Rs. 25.00 crore III.Cut-off price:Rs.97.67 IV.Competitive bids accepted Number:12 (2 Partial) Amount:Rs.400.00 crore V.Partial Allotment Percentage:21.43 VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Nil VIII .Non-competitive
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നവം 27, 199814 Day Treasury Bills : Auction ResultsDate of Auction : November 27, 1998 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:8 Amount:Rs.300.00 crore (b) Non-competitive bids Number:1 Amount:Rs. 100.00 crore III.Cut-off price:Rs.99.68 IV.Competitive bids accepted Number:2 (Partial) Amount:Rs.100.00 crore V.Partial Allotment Percentage:64.52 VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Nil VIII .Non-competitive bidDate of Auction : November 27, 1998 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:8 Amount:Rs.300.00 crore (b) Non-competitive bids Number:1 Amount:Rs. 100.00 crore III.Cut-off price:Rs.99.68 IV.Competitive bids accepted Number:2 (Partial) Amount:Rs.100.00 crore V.Partial Allotment Percentage:64.52 VI .Devolvement on Primary Dealers:Nil ( in fulfillment of Underwriting Commitment ) VII .Devolvement on RBI:Nil VIII .Non-competitive bid
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നവം 25, 199814 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.Tenders should be submitted in the prescribed form on Friday, November 27, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, November 28, 1998 Maureen ShaThe 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.Tenders should be submitted in the prescribed form on Friday, November 27, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, November 28, 1998 Maureen Sha
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നവം 25, 1998Tap sale of 12.60 per cent Government Stock, 2018 closedThe sale of 12.60 per cent Government Stock, 2018 which opened for subscription on November 23, 1998 on tap at Reserve Bank of India, Mumbai was closed at the close of banking hours today. In all, 13 applications for Rs.1,131.88 crore (nominal), were received. All the applications were accepted.Maureen Shankar ManagerPress Release : 1998-99/682The sale of 12.60 per cent Government Stock, 2018 which opened for subscription on November 23, 1998 on tap at Reserve Bank of India, Mumbai was closed at the close of banking hours today. In all, 13 applications for Rs.1,131.88 crore (nominal), were received. All the applications were accepted.Maureen Shankar ManagerPress Release : 1998-99/682
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നവം 25, 199891 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.400 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.Tenders should be submitted in the prescribed form on Friday, November 27, 1998 before 1430 hours. Results will be announced the same evening. Payment by succeThe Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.400 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.Tenders should be submitted in the prescribed form on Friday, November 27, 1998 before 1430 hours. Results will be announced the same evening. Payment by succe
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നവം 20, 199814 Day Treasury Bills : Auction ResultsDate of Auction : November 20, 1998 I. Notified amount : Rs.100.00 crore II. Bids received (a) Competitive bids Number : 6 Amount : Rs.170.00 Crore (b) Non-competitive bids Number : 0 Amount : Nil III. Cut-off price : Rs.99.67 IV. Competitive bids accepted Number : 2 Amount : Rs.100.00 crore V. Partial Allotment Percentage : 81.97 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI : Nil VIII . Non-competitiDate of Auction : November 20, 1998 I. Notified amount : Rs.100.00 crore II. Bids received (a) Competitive bids Number : 6 Amount : Rs.170.00 Crore (b) Non-competitive bids Number : 0 Amount : Nil III. Cut-off price : Rs.99.67 IV. Competitive bids accepted Number : 2 Amount : Rs.100.00 crore V. Partial Allotment Percentage : 81.97 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI : Nil VIII . Non-competiti
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നവം 20, 199891 Day Treasury Bills : Auction ResultsDate of Auction : November 20, 1998 I. Notified amount : Rs.400.00 crore II. Bids received (a) Competitive bids Number : 18 Amount : Rs.705.00 crore (b) Non-competitive bids Number : 2 Amount : Rs. 325.00 crore III. Cut-off price : Rs.97.69 IV. Competitive bids accepted Number : 8 Amount : Rs.400.00 crore V. Partial Allotment Percentage : 76.32 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI : Nil VIII .Date of Auction : November 20, 1998 I. Notified amount : Rs.400.00 crore II. Bids received (a) Competitive bids Number : 18 Amount : Rs.705.00 crore (b) Non-competitive bids Number : 2 Amount : Rs. 325.00 crore III. Cut-off price : Rs.97.69 IV. Competitive bids accepted Number : 8 Amount : Rs.400.00 crore V. Partial Allotment Percentage : 76.32 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI : Nil VIII .
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നവം 20, 1998Sale of Government Dated Securities on tapThe Government of India has offered to sell 12.60 per cent Government Stock, 2018 on tap from November 23, 1998 during banking hours at Public Debt Office, Reserve Bank of India, Mumbai. The Stock will be issued for a minimum amount of Rs.10,000 (Face Value) and in multiples of Rs.10,000 thereafter. Interest on the Government Stock will be paid half-yearly and the Stock repaid at par on November 23, 2018. Applications accompanied by payment for the amount of Stock appThe Government of India has offered to sell 12.60 per cent Government Stock, 2018 on tap from November 23, 1998 during banking hours at Public Debt Office, Reserve Bank of India, Mumbai. The Stock will be issued for a minimum amount of Rs.10,000 (Face Value) and in multiples of Rs.10,000 thereafter. Interest on the Government Stock will be paid half-yearly and the Stock repaid at par on November 23, 2018. Applications accompanied by payment for the amount of Stock app
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നവം 18, 199814 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. Tenders should be submitted in the prescribed form on Friday, November 20, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, November 21, 1998 S. R. SingThe 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. Tenders should be submitted in the prescribed form on Friday, November 20, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, November 21, 1998 S. R. Sing
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നവം 18, 1998Result of Auction of 364 Day Treasury BillsDate of Auction : November 18, 1998 I. Notified Amount : Rs.500.00 crore II. Bids Received Number : 30 Amount : Rs.1291.30 crore III. Cut-off price : Rs.90.40 IV. Bids Accepted Number : 19 (7 partial) Amount : Rs.500.00 crore V. Partial Allotment Percentage : 19 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI : Nil VIII . Weighted Average Price : Rs.90.43 Vivek Maindargi Asstt. Manager Press Release : 19Date of Auction : November 18, 1998 I. Notified Amount : Rs.500.00 crore II. Bids Received Number : 30 Amount : Rs.1291.30 crore III. Cut-off price : Rs.90.40 IV. Bids Accepted Number : 19 (7 partial) Amount : Rs.500.00 crore V. Partial Allotment Percentage : 19 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI : Nil VIII . Weighted Average Price : Rs.90.43 Vivek Maindargi Asstt. Manager Press Release : 19
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നവം 18, 199891 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.400 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. Tenders should be submitted in the prescribed form on Friday, November 20, 1998 before 1430 hours. The results will be announced the same evening. Payment byThe Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.400 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. Tenders should be submitted in the prescribed form on Friday, November 20, 1998 before 1430 hours. The results will be announced the same evening. Payment by
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നവം 16, 1998364 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. Tenders should be submitted in the prescribed form on Wednesday, November 18, 1998 before 1430 hours. Results will be announced the same evening. Payment by successful bidders will be on Friday, November 20, 1998 Alpana Killawala General Manager Press Release : 1998-99/637The Reserve Bank of India has announced the auction of 364 day Government of India treasury bills for a notified amount of Rs.500 crore. Tenders should be submitted in the prescribed form on Wednesday, November 18, 1998 before 1430 hours. Results will be announced the same evening. Payment by successful bidders will be on Friday, November 20, 1998 Alpana Killawala General Manager Press Release : 1998-99/637
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നവം 13, 199814 Day Treasury Bills : Auction ResultsDate of Auction : November 13, 1998 I. Notified amount : Rs.100.00 crore II. Bids received (a) Competitive bids Number : 10 Amount : Rs.595.00 Crore (b) Non-competitive bids Number : 0 Amount : Nil III. Cut-off price : Rs.99.69 IV. Competitive bids accepted Number : 1 Amount : Rs.100.00 crore V. Partial Allotment Percentage : N.A. VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI : Nil VIII . Non-competitiDate of Auction : November 13, 1998 I. Notified amount : Rs.100.00 crore II. Bids received (a) Competitive bids Number : 10 Amount : Rs.595.00 Crore (b) Non-competitive bids Number : 0 Amount : Nil III. Cut-off price : Rs.99.69 IV. Competitive bids accepted Number : 1 Amount : Rs.100.00 crore V. Partial Allotment Percentage : N.A. VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI : Nil VIII . Non-competiti
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നവം 13, 199891 Day Treasury Bills : Auction ResultsDate of Auction : November 13, 1998 I. Notified amount : Rs.200.00 crore II. Bids received (a) Competitive bids Number : 22 Amount : Rs.535.00 crore (b) Non-competitive bids Number : 1 Amount : Rs. 500.00 crore III. Cut-off price : Rs.97.72 IV. Competitive bids accepted Number : 8 (2 Partial) Amount : Rs.200.00 crore V. Partial Allotment Percentage : 57.14 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBIDate of Auction : November 13, 1998 I. Notified amount : Rs.200.00 crore II. Bids received (a) Competitive bids Number : 22 Amount : Rs.535.00 crore (b) Non-competitive bids Number : 1 Amount : Rs. 500.00 crore III. Cut-off price : Rs.97.72 IV. Competitive bids accepted Number : 8 (2 Partial) Amount : Rs.200.00 crore V. Partial Allotment Percentage : 57.14 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI
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നവം 11, 199814 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. Tenders should be submitted in the prescribed form on Friday, November 13, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, November 14, 1998. Alpana KThe 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. Tenders should be submitted in the prescribed form on Friday, November 13, 1998 before 1430 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, November 14, 1998. Alpana K
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നവം 11, 199891 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. 200 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. Tenders should be submitted in the prescribed form on Friday, November 13, 1998 before 1430 hours. The results will be announced the same evening. Payment byThe Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs. 200 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. Tenders should be submitted in the prescribed form on Friday, November 13, 1998 before 1430 hours. The results will be announced the same evening. Payment by
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നവം 06, 1998RBI's Prices of Treasury BillsThe price list effective from November 7, 1998 is as under : Type of Treasury Bill Date of Maturity Yield rate (%) for sale 91 Day November 16, 98 8.29 91 Day November 23, 98 8.53 91 Day November 28, 98 8.59 91 Day December 05, 98 8.67 91 Day January 09, 99 9.08 1. All sales will be made in Mumbai only. 2. Deals will be for a minimum amount of Rs.1 lakh and multiples of Rs.1 lakh thereafter. S. R. Singh Manager Press Release : 1998-99/600The price list effective from November 7, 1998 is as under : Type of Treasury Bill Date of Maturity Yield rate (%) for sale 91 Day November 16, 98 8.29 91 Day November 23, 98 8.53 91 Day November 28, 98 8.59 91 Day December 05, 98 8.67 91 Day January 09, 99 9.08 1. All sales will be made in Mumbai only. 2. Deals will be for a minimum amount of Rs.1 lakh and multiples of Rs.1 lakh thereafter. S. R. Singh Manager Press Release : 1998-99/600
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നവം 06, 199814 Day Treasury Bills : Auction ResultsDate of Auction : November 6, 1998 I. Notified Amount : Rs.100.00 crore II. Bids Received (a) Competitive bids Number : 8 Amount : Rs.570.00 Crore (b) Non-competitive bids Number : 0 Amount : Nil III. Cut-off price : Rs.99.67 IV. Competitive bids accepted Number : 4 (Partial) Amount : Rs.100.00 crore V. Partial Allotment Percentage : 28.57 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI : Nil VIII . Non-Date of Auction : November 6, 1998 I. Notified Amount : Rs.100.00 crore II. Bids Received (a) Competitive bids Number : 8 Amount : Rs.570.00 Crore (b) Non-competitive bids Number : 0 Amount : Nil III. Cut-off price : Rs.99.67 IV. Competitive bids accepted Number : 4 (Partial) Amount : Rs.100.00 crore V. Partial Allotment Percentage : 28.57 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI : Nil VIII . Non-
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നവം 06, 199891 Day Treasury Bills : Auction ResultsDate of Auction : November 6, 1998 I. Notified Amount : Rs.200.00 crore II. Bids Received (a) Competitive bids Number : 31 Amount : Rs.775.00 crore (b) Non-competitive bids Number : 1 Amount : Rs. 300.00 crore III. Cut-off price : Rs.97.68 IV. Competitive bids accepted Number : 3 (One Partial) Amount : Rs.200.00 crore V. Partial Allotment Percentage : 80.00 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBIDate of Auction : November 6, 1998 I. Notified Amount : Rs.200.00 crore II. Bids Received (a) Competitive bids Number : 31 Amount : Rs.775.00 crore (b) Non-competitive bids Number : 1 Amount : Rs. 300.00 crore III. Cut-off price : Rs.97.68 IV. Competitive bids accepted Number : 3 (One Partial) Amount : Rs.200.00 crore V. Partial Allotment Percentage : 80.00 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI
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നവം 06, 1998RBI's Prices of Treasury BillsThe price list effective from November 6, 1998 is as under : Type of Treasury Bill Date of Maturity Yield rate (%) for sale 364 Day June 04, 1999 10.19 364 Day June 18, 1999 10.23 364 Day July 16, 1999 10.29 364 Day October 22, 1999 10.53 1. All sales will be made in Mumbai only. 2. Deals will be for a minimum amount of Rs.1 lakh and multiples of Rs.1 lakh thereafter. Alpana Killawala General Manager Press Release : 1998-99/590The price list effective from November 6, 1998 is as under : Type of Treasury Bill Date of Maturity Yield rate (%) for sale 364 Day June 04, 1999 10.19 364 Day June 18, 1999 10.23 364 Day July 16, 1999 10.29 364 Day October 22, 1999 10.53 1. All sales will be made in Mumbai only. 2. Deals will be for a minimum amount of Rs.1 lakh and multiples of Rs.1 lakh thereafter. Alpana Killawala General Manager Press Release : 1998-99/590
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നവം 05, 1998RBI's Prices of Treasury BillsThe price list effective from November 6, 1998 is as under : Type of Treasury Bill Date of Maturity Yield rate (%) for sale 364 Day May 21, 1999 10.16 364 Day July 02, 1999 10.26 364 Day August 27, 1999 10.40 1. All sales will be made in Mumbai only. 2. Deals will be for a minimum amount of Rs.1 lakh and multiples of Rs.1 lakh thereafter. Alpana Killawala General Manager Press Release : 1998-99/589The price list effective from November 6, 1998 is as under : Type of Treasury Bill Date of Maturity Yield rate (%) for sale 364 Day May 21, 1999 10.16 364 Day July 02, 1999 10.26 364 Day August 27, 1999 10.40 1. All sales will be made in Mumbai only. 2. Deals will be for a minimum amount of Rs.1 lakh and multiples of Rs.1 lakh thereafter. Alpana Killawala General Manager Press Release : 1998-99/589
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നവം 03, 1998Result of Auction of 364 Day Treasury BillsDate of Auction : November 3, 1998 I. Notified Amount : Rs.400.00 crore II. Bids Received Number : 27 Amount : Rs.1340.00 crore III. Cut-off price : Rs.90.36 IV. Bids Accepted Number : 9 Amount : Rs.400.00 crore V. Partial Allotment Percentage : 53 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI : Nil VIII . Weighted Average Price : Rs.90.36 Alpana Killawala General Manager Press Release : 1998-99/580Date of Auction : November 3, 1998 I. Notified Amount : Rs.400.00 crore II. Bids Received Number : 27 Amount : Rs.1340.00 crore III. Cut-off price : Rs.90.36 IV. Bids Accepted Number : 9 Amount : Rs.400.00 crore V. Partial Allotment Percentage : 53 VI . Devolvement on Primary Dealers : Nil ( in fulfillment of Underwriting Commitment ) VII . Devolvement on RBI : Nil VIII . Weighted Average Price : Rs.90.36 Alpana Killawala General Manager Press Release : 1998-99/580
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നവം 03, 199814 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. Tenders should be submitted in the prescribed form on Friday, November 6, 1998 before 14.30 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, November 7, 1998. Alpana KiThe 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. Tenders should be submitted in the prescribed form on Friday, November 6, 1998 before 14.30 hours. The results will be announced the same evening. Payment by successful bidders will be on Saturday, November 7, 1998. Alpana Ki
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നവം 03, 199891 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. 200 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. Tenders should be submitted in the prescribed form on Friday, November 6, 1998 before 14.30 hours. The results will be announced the same evening. Payment byThe Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs. 200 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. Tenders should be submitted in the prescribed form on Friday, November 6, 1998 before 14.30 hours. The results will be announced the same evening. Payment by
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നവം 03, 1998RBI's Prices of Treasury BillsThe price list effective from November 5, 1998 is as under : Type of Treasury Bill Date of Maturity Yield rate (%) for sale 91 Day November 28, 98 8.90 91 Day December 05, 98 9.01 91 Day December 12, 98 9.11 364 Day May 21, 99 10.16 364 Day July 02, 99 10.26 364 Day August 27, 99 10.40 1. All sales will be made in Mumbai only. 2. Deals will be for a minimum amount of Rs.1 lakh and multiples of Rs.1 lakh thereafter. Alpana Killawala General Manager Press Release : 1998The price list effective from November 5, 1998 is as under : Type of Treasury Bill Date of Maturity Yield rate (%) for sale 91 Day November 28, 98 8.90 91 Day December 05, 98 9.01 91 Day December 12, 98 9.11 364 Day May 21, 99 10.16 364 Day July 02, 99 10.26 364 Day August 27, 99 10.40 1. All sales will be made in Mumbai only. 2. Deals will be for a minimum amount of Rs.1 lakh and multiples of Rs.1 lakh thereafter. Alpana Killawala General Manager Press Release : 1998
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നവം 03, 199891-day Treasury Bills Auctions - Introduction of Uniform Price Auction MethodThe Reserve Bank of India has announced that, from November 6, 1998 (Friday) the auction of 91-day Government of India Treasury Bills will be conducted by means of "Uniform Price Auction" method. In the case of auctions of other Treasury Bills and Government Dated Securities, the existing practice of making allocations by means of "Multiple Price Auction" method would, however, continue. While in the case of "Multiple Price Auction" (also called "Discriminatory PriceThe Reserve Bank of India has announced that, from November 6, 1998 (Friday) the auction of 91-day Government of India Treasury Bills will be conducted by means of "Uniform Price Auction" method. In the case of auctions of other Treasury Bills and Government Dated Securities, the existing practice of making allocations by means of "Multiple Price Auction" method would, however, continue. While in the case of "Multiple Price Auction" (also called "Discriminatory Price
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നവം 02, 1998RBI's Prices of Treasury BillsThe price list effective from November 3, 1998 is as under : Type of Treasury Bill Date of Maturity Yield rate (%) for sale 91 Day November 28, 98 8.93 91 Day December 05, 98 9.04 91 Day January 23, 99 9.76 1. All sales will be made in Mumbai only. 2. Deals will be for a minimum amount of Rs.1 lakh and multiples of Rs.1 lakh thereafter. S. R. Singh Manager Press Release : 1998-99/572The price list effective from November 3, 1998 is as under : Type of Treasury Bill Date of Maturity Yield rate (%) for sale 91 Day November 28, 98 8.93 91 Day December 05, 98 9.04 91 Day January 23, 99 9.76 1. All sales will be made in Mumbai only. 2. Deals will be for a minimum amount of Rs.1 lakh and multiples of Rs.1 lakh thereafter. S. R. Singh Manager Press Release : 1998-99/572
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ഒക്ടോ 31, 1998RBI's Prices of Treasury BillsThe price list effective from November 2, 1998 is as under : Type of Treasury Bill Date of Maturity Yield rate (%) for sale 91 Day December 05, 98 9.05 91 Day January 23, 99 9.77 364 Day May 21, 99 10.19 364 Day July 02, 99 10.30 364 Day August 27, 99 10.44 1. All sales will be made in Mumbai only. 2. Deals will be for a minimum amount of Rs.1 lakh and multiples of Rs.1 lakh thereafter. Alpana Killawala General Manager Press Release : 1998-99/560The price list effective from November 2, 1998 is as under : Type of Treasury Bill Date of Maturity Yield rate (%) for sale 91 Day December 05, 98 9.05 91 Day January 23, 99 9.77 364 Day May 21, 99 10.19 364 Day July 02, 99 10.30 364 Day August 27, 99 10.44 1. All sales will be made in Mumbai only. 2. Deals will be for a minimum amount of Rs.1 lakh and multiples of Rs.1 lakh thereafter. Alpana Killawala General Manager Press Release : 1998-99/560
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