The result of the RBI Reverse Repo auction held today is as under:
The Reserve Bank of India today released the thirteenth volume of its annual statistical publication titled Handbook of Statistics on the Indian Economy (HBS) 2010-11 ( of Statistics on Indian Economy) . One of the major initiatives of the Reserve Bank; this publication is aimed at improving data dissemination to public. Through this publication, the Reserve Bank has been providing time series data on various economic and financial indicators for the Indian economy.
The Reserve Bank of India has imposed a monetary penalty of `1.00 lakh (Rupees one lakh only) on Uma Co-operative Bank Ltd., Vadodara (Gujarat), in exercise of powers vested in it under the provisions of Section 47(A)(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (AACS) for non-adherence to Know Your Customer (KYC) norms.
The Reserve Bank of India’s Reference Rate for the US dollar is `47.8435 and the Reference Rate for Euro is `65.6770 on September 15, 2011. The corresponding rates for the previous day (September 14, 2011) were `47.8055 and `65.1143 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below:
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