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 July 18, 2001 (Wednesday) for scheduled commercial banks and Primary Dealers holding SGLAccount and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 10.30 a.m.

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market* (i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings8550.002710.00 11260.00Lendings7655.001705.003171.3512531.35(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.407.40 (b) Range of rates6.43- 10.006.95- 7.702 Term Money Market*Volume(Turnover)Range of RatesBorrowings -Lendings25.009.25- 9.253. Standing Liquidity Facility Availed from RBI $ Amount (outstan

The results of the RBI Repo/Reverse Repo auctions held on July 16, 2001 are :ItemRepo 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 (Face value in Rs. crore) Nil NA 1 202. Applications accepted for one day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) NA NA NA 1 20 8.503. Weighted average Cut-off Rate (per cent)

The Advisory Group on 'Payment and Settlement System' has recommended a set of actions including establishment of a clearing agent abroad by the Clearing Corporation of India (CCI), institution of a separate guarantee fund for the foreign exchange clearing, appropriate integration between the participating banks and the CCI and their interface with the real-time gross settlement (RTGS) system. It may be recalled that a Standing Committee on International Financial Sta

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 July 17, 2001 (Tuesday) for scheduled commercial banks and Primary Dealers holding SGLAccount and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 10.30 a.m. o

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market* (i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings8034.008866.00 16900.00Lendings8294.001572.005229.2415095.24(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.457.45 (b) Range of rates6.43- 8.456.80- 8.452 Term Money Market*Volume(Turnover)Range of RatesBorrowings -Lendings -3. Standing Liquidity Facility Availed from RBI $ Amount (outstanding)Rate of I

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 July 16, 2001 (Monday) for scheduled commercial banks and Primary Dealers holding SGLAccount and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 10.30 a.m. on

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market* (i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings11732.009107.00 20839.00Lendings13465.001340.004603.6519408.65(ii) Interest RatesBorrowingsLendings (a)Weighted average rate6.997.22 (b) Range of rates6.01- 7.905.01- 7.902 Term Money Market*Volume(Turnover)Range of RatesBorrowings2.006.75- 6.75Lendings -3. Standing Liquidity Facility Availed from RBI $ Amount (outstan

The results of the RBI Repo/Reverse Repo auctions held on July 13, 2001 are :ItemRepo 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 (Face value in Rs. crore) Nil NA 2 602. Applications accepted for three day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) NA NA NA 2 60 8.503. Weighted average Cut-off Rate (per c

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market* (i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings13683.0011861.00 25544.00Lendings16000.002737.004520.7023257.70(ii) Interest RatesBorrowingsLendings (a)Weighted average rate6.876.89 (b) Range of rates5.92- 7.105.96- 7.802 Term Money Market*Volume(Turnover)Range of RatesBorrowings -Lendings -3. Standing Liquidity Facility Availed from RBI $ Amount (outstanding)Rate o