<?xml version="1.0" encoding="UTF-8"?><!-- generator="WordPress/2.7.1" -->
<rss version="0.92">
<channel>
	<title>Business News</title>
	<link>http://business.gaeatimes.com</link>
	<description>24/7 Business news &#38; views</description>
	<lastBuildDate>Fri, 16 Dec 2011 12:59:37 +0000</lastBuildDate>
	<docs>http://backend.userland.com/rss092</docs>
	<language>en</language>
	
	<item>
		<title>Liquidity Adjustment Facility : Auction Result</title>
		<description><![CDATA[


The results of the RBI Repo (Additional)/ Reverse  Repo auction held today is as under:


Amount  (face value in ` crore)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 




Item


3 days Reverse Repo Auction (Sale    of securities by RBI)


3 days Repo Auction 
          (Purchase of securities by   .... <a href="http://business.gaeatimes.com/2011/12/16/liquidity-adjustment-facility-auction-result-163-120867/">Original article &nbsp;: Liquidity Adjustment Facility : Auction Result</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/16/liquidity-adjustment-facility-auction-result-163-120867/</link>
			</item>
	<item>
		<title>Janatha Seva Co-operative Bank Ltd., Bangalore  – Penalised</title>
		<description><![CDATA[


The Reserve Bank of India  has imposed a monetary penalty of `5.00 lakh (Rupees five lakh only) on Janatha Seva Co-operative Bank Ltd., Bangalore, 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 (As  applicable to Co-operative Societies), ... <a href="http://business.gaeatimes.com/2011/12/16/janatha-seva-co-operative-bank-ltd-bangalore-%e2%80%93-penalised-120866/">Read : Janatha Seva Co-operative Bank Ltd., Bangalore  – Penalised</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/16/janatha-seva-co-operative-bank-ltd-bangalore-%e2%80%93-penalised-120866/</link>
			</item>
	<item>
		<title>182-day Treasury Bills auction: ` 4,000 crore under regular auction</title>
		<description><![CDATA[


The Reserve Bank of India has  announced the auction of 182-day Government of India Treasury Bills for  notified amount of ` 4,000 crore. The auction will be  conducted on December 21, 2011 using &#34;Multiple Price Auction&#34; method. The allocation to the  non-competitive bidders will be outside the notified amount at the ... <a href="http://business.gaeatimes.com/2011/12/16/182-day-treasury-bills-auction-4000-crore-under-regular-auction-6-120865/">Original article on  : 182-day Treasury Bills auction: <font face="rupee Foradian">`</font> 4,000 crore under regular auction</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/16/182-day-treasury-bills-auction-4000-crore-under-regular-auction-6-120865/</link>
			</item>
	<item>
		<title>Eleven State Governments announce Auction of State Development Loans 2021 for ` 9090.000 crore on December 20, 2011</title>
		<description><![CDATA[


The following Eleven State Governments have announced  the sale of their 10-year State Development Loans (SDLs) for an aggregate  amount of `9090.000  crore (face value) through yield based auction using multiple price auction  method.




Sr. No.


State


Notified Amount (`Crore)




1


Bihar 


1000.00




2


Gujarat 


1500.00




3


Himachal Pradesh


&#160;    200.00




4


Jammu &#38; Kashmir


&#160;    200.00




5


Kerala


1200.00




6


Maharashtra 


2000.00




7


Nagaland


&#160; .... Read the original article &nbsp;: <a href="http://business.gaeatimes.com/2011/12/16/eleven-state-governments-announce-auction-of-state-development-loans-2021-for-9090000-crore-on-december-20-2011-120864/">Eleven State Governments announce Auction of State Development Loans 2021 for <font face="rupee Foradian">`</font> 9090.000 crore on December 20, 2011</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/16/eleven-state-governments-announce-auction-of-state-development-loans-2021-for-9090000-crore-on-december-20-2011-120864/</link>
			</item>
	<item>
		<title>91-day Treasury Bills auction: ` 4,000 crore under regular auction</title>
		<description><![CDATA[


The Reserve Bank of India has announced the auction of 91-day  Government of India Treasury Bills for notified amount of ` 4,000 crore. The auction will be conducted on December 21,  2011 using &#34;Multiple Price Auction&#34;  method. The allocation to the non-competitive bidders will be outside the  notified amount at the ... <a href="http://business.gaeatimes.com/2011/12/16/91-day-treasury-bills-auction-4000-crore-under-regular-auction-13-120863/">Read : 91-day Treasury Bills auction: <font face="rupee Foradian">`</font> 4,000 crore under regular auction</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/16/91-day-treasury-bills-auction-4000-crore-under-regular-auction-13-120863/</link>
			</item>
	<item>
		<title>Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract</title>
		<description><![CDATA[






1.  Reserve Bank of India  - Liabilities and Assets




(` crore)




Item


2010


&#160;&#160;&#160; 2011


Variation




Dec.    10


Dec.    2


Dec.    9 #


Week


Year




&#160;


1


2


3


4


5




Loans and advances


&#160;


&#160;


&#160;


&#160;


&#160;




Central Government


&#8212;


36,137


34,717


&#8211;1,420


34,717




State Governments


&#8212;


1,231


290


&#8211;941


290







2. Foreign Exchange Reserves
             




Item


As on Dec. 9, 
      .... Source article &nbsp;: <a href="http://business.gaeatimes.com/2011/12/16/reserve-bank-of-india-%e2%80%93-bulletin-weekly-statistical-supplement-%e2%80%93-extract-52-120862/">Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/16/reserve-bank-of-india-%e2%80%93-bulletin-weekly-statistical-supplement-%e2%80%93-extract-52-120862/</link>
			</item>
	<item>
		<title>Foreign Exchange Turnover Data</title>
		<description><![CDATA[


The  Reserve Bank of India  today released the data showing daily merchant and inter-bank transactions in foreign  exchange for the period November 28, 2011 to December 2, 2011.


All Figures are in USD Millions&#160;&#160;




Position 
          Date 


MERCHANT


INTER BANK




FCY / INR


FCY / FCY


FCY / INR


FCY .... <a href="http://business.gaeatimes.com/2011/12/16/foreign-exchange-turnover-data-53-120861/">Source article &nbsp;: Foreign Exchange Turnover Data</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/16/foreign-exchange-turnover-data-53-120861/</link>
			</item>
	<item>
		<title>Working Group to enhance secondary market liquidity in G-Sec and Interest Rate Derivatives Markets</title>
		<description><![CDATA[


The  Reserve Bank has set up a Working Group (Chairman: Shri R. Gandhi) comprising  representatives from market and RBI officials to examine and suggest ways for  enhancing secondary market liquidity in G-Sec and Interest Rate Derivatives  markets. The Terms of Reference of the Group are:



To analyse the  evolution of the ... <a href="http://business.gaeatimes.com/2011/12/16/working-group-to-enhance-secondary-market-liquidity-in-g-sec-and-interest-rate-derivatives-markets-120860/">Original source on Gaea Times at  : Working Group to enhance secondary market liquidity in G-Sec and Interest Rate Derivatives Markets</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/16/working-group-to-enhance-secondary-market-liquidity-in-g-sec-and-interest-rate-derivatives-markets-120860/</link>
			</item>
	<item>
		<title>Liquidity Adjustment Facility : Auction Result</title>
		<description><![CDATA[


The result of the RBI Repo auction held today is  as under:


Amount  (face value in ` crore)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 




Item 


3 days Repo Auction
          (Purchase of securities by    RBI)




8.50%    Fixed Rate 




1. Bids received 


&#160;




(i)


Number 


57




(ii)


Amount 


1,16,690




2. Bids ... <a href="http://business.gaeatimes.com/2011/12/16/liquidity-adjustment-facility-auction-result-162-120859/">Original article on  : Liquidity Adjustment Facility : Auction Result</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/16/liquidity-adjustment-facility-auction-result-162-120859/</link>
			</item>
	<item>
		<title>RBI Reference Rate for US $ and Euro</title>
		<description><![CDATA[


The Reserve Bank of India&#8217;s Reference Rate for the US  dollar is `52.8140 and the Reference Rate for  Euro is `68.8091 on December 16, 2011. The corresponding  rates for the previous day (December 15, 2011) were `54.2355 and `70.4602 respectively. Based on the Reference Rate  for the US dollar and middle ... Original source on Gaea Times at  : <a href="http://business.gaeatimes.com/2011/12/16/rbi-reference-rate-for-us-and-euro-275-120858/">RBI Reference Rate for US $ and Euro</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/16/rbi-reference-rate-for-us-and-euro-275-120858/</link>
			</item>
	<item>
		<title>Mid Quarter Monetary Policy Review: December 2011</title>
		<description><![CDATA[


Monetary Measures
On the basis of the current macroeconomic  assessment, it has been decided to:


keep the cash reserve ratio  (CRR) unchanged at 6 per cent; and 
keep the policy repo  rate under the liquidity adjustment facility (LAF) unchanged at 8.5 per cent. 

Consequently, the  reverse repo rate under the LAF will remain ... Original article on  : <a href="http://business.gaeatimes.com/2011/12/16/mid-quarter-monetary-policy-review-december-2011-120857/">Mid Quarter Monetary Policy Review: December 2011</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/16/mid-quarter-monetary-policy-review-december-2011-120857/</link>
			</item>
	<item>
		<title>Money Market Operations as on December 15, 2011</title>
		<description><![CDATA[
        
        
                    
            
       ... Read more <a href="http://business.gaeatimes.com/2011/12/15/money-market-operations-as-on-december-15-2011-120856/" title="Money Market Operations as on December 15, 2011">>>></a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/15/money-market-operations-as-on-december-15-2011-120856/</link>
			</item>
	<item>
		<title>Additional Repo Operations under LAF</title>
		<description><![CDATA[


Keeping in view the prevailing overall liquidity conditions and with a  view to providing flexibility to scheduled commercial banks in their liquidity  management, RBI has decided to conduct additional repo operations under  Liquidity Adjustment Facility (LAF) on December 16, 2011 (Friday) between 4.30  pm and 5.00 pm, over and above the .... Read the original article &nbsp;: <a href="http://business.gaeatimes.com/2011/12/15/additional-repo-operations-under-laf-120855/">here</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/15/additional-repo-operations-under-laf-120855/</link>
			</item>
	<item>
		<title>Risk Management and Inter Bank Dealings</title>
		<description><![CDATA[


Keeping in view the developments in the foreign exchange market, it  has been decided to implement the following measures with immediate effect  until further review.

i. Under contracted exposures, forward  contracts, involving the Rupee as one of the currencies, booked by residents to  hedge current account transactions, regardless of the tenor, and ... <a href="http://business.gaeatimes.com/2011/12/15/risk-management-and-inter-bank-dealings-120854/">Original article on  : Risk Management and Inter Bank Dealings</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/15/risk-management-and-inter-bank-dealings-120854/</link>
			</item>
	<item>
		<title>Liquidity Adjustment Facility : Auction Result</title>
		<description><![CDATA[


The  result of the RBI Reverse Repo auction held today is as under:


Amount (face value in `  crore)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;




Item


1 day Reverse    Repo Auction 
          (Sale    of securities by RBI)




7.50% Fixed Rate




1. Bids received


&#160;




(i)


Number


1




(ii)


Amount


15




2. Bids accepted


&#160;




(i)


Number


1




(ii)


Amount


15



Ajit  Prasad
   [..] <a href="http://business.gaeatimes.com/2011/12/15/liquidity-adjustment-facility-auction-result-161-120853/">Read the original article: here</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/15/liquidity-adjustment-facility-auction-result-161-120853/</link>
			</item>
	<item>
		<title>Monthly Data on India’s International Trade in Services  for the Month of October 2011</title>
		<description><![CDATA[


The Reserve  Bank releases provisional aggregate monthly data on India&#8217;s international trade in  services with a lag of 45 days. Accordingly, the data for the month of  September 2011 were released on November 15, 2011.

The exports  and imports of services during the month of October 2011 are given in the  ... Original source on Gaea Times at  : <a href="http://business.gaeatimes.com/2011/12/15/monthly-data-on-india%e2%80%99s-international-trade-in-services-for-the-month-of-october-2011-120852/">Monthly Data on India’s International Trade in Services  for the Month of October 2011</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/15/monthly-data-on-india%e2%80%99s-international-trade-in-services-for-the-month-of-october-2011-120852/</link>
			</item>
	<item>
		<title>RBI Reference Rate for US $ and Euro</title>
		<description><![CDATA[


The Reserve Bank of India&#8217;s  Reference Rate for the US dollar is `54.2355 and the Reference  Rate for Euro is `70.4602 on December 15, 2011. The corresponding rates for the previous  day (December 14, 2011) were `53.5770 and `69.8925 respectively. Based on the Reference  Rate for the US dollar and middle ... Original source on Gaea Times at  : <a href="http://business.gaeatimes.com/2011/12/15/rbi-reference-rate-for-us-and-euro-274-120851/">RBI Reference Rate for US $ and Euro</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/15/rbi-reference-rate-for-us-and-euro-274-120851/</link>
			</item>
	<item>
		<title>Liquidity Adjustment Facility : Auction Result</title>
		<description><![CDATA[


The result of the RBI Repo auction held today is  as under:


Amount  (face value in ` crore)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;  &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;  &#160;&#160;&#160;&#160;&#160;&#160;




Item 


1 day Repo Auction
          (Purchase of securities by    RBI)




8.50%    Fixed Rate 




1. Bids received 


&#160;




(i)


Number 


58




(ii)


Amount 


1,11,845




2. ... <a href="http://business.gaeatimes.com/2011/12/15/liquidity-adjustment-facility-auction-result-160-120850/">Original article on  : Liquidity Adjustment Facility : Auction Result</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/15/liquidity-adjustment-facility-auction-result-160-120850/</link>
			</item>
	<item>
		<title>Money Market Operations as on December 14, 2011</title>
		<description><![CDATA[
        
        
                    
            
       ... <a href="http://business.gaeatimes.com/2011/12/14/money-market-operations-as-on-december-14-2011-120849/">Original article on  : Money Market Operations as on December 14, 2011</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/14/money-market-operations-as-on-december-14-2011-120849/</link>
			</item>
	<item>
		<title>Liquidity Adjustment Facility : Auction Result</title>
		<description><![CDATA[


The result  of the RBI Reverse Repo auction held today is as under:


Amount  (face value in ` crore)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;




Item


1 day Reverse Repo Auction
          (Sale    of securities by RBI)




7.50%    Fixed Rate




1. Bids received


&#160;




(i)


Number


2




(ii)


Amount


290




2. Bids accepted


&#160;




(i)


Number


2




(ii)


Amount


290



Ajit Prasad
   .... Source article on Gaea Times at  &nbsp;: <a href="http://business.gaeatimes.com/2011/12/14/liquidity-adjustment-facility-auction-result-159-120848/">Liquidity Adjustment Facility : Auction Result</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/14/liquidity-adjustment-facility-auction-result-159-120848/</link>
			</item>
	<item>
		<title>364-Days Treasury Bills : Auction Result</title>
		<description><![CDATA[





Date of Auction : December 14, 2011




I.


Notified Amount 


`4000.00    crore




II.


Underwriting notified amount


N.A.




III.


Competitive Bids received


&#160;




(i)


Number


82




(ii)


Amount


` 12925.40 crore




IV.


Cut-off price  


` 92.39 (YTM    is 8.2595%)




V.


Competitive bids accepted 


&#160;




(i)


Number


18




(ii)


Amount


` 4000.00    crore




VI.


Partial Allotment Percentage of Competitive Bids 


59.40 (1 Bid)




VII.


Weighted Average Price


` 92.45




VIII.


Non-competitive bids received


&#160;




(i)


Number


Nil 




(ii)


Amount


Nil




IX.


Non-competitive bids accepted 


&#160;




(i)


Number


Nil 




(ii)


Amount


Nil




(iii)


Partial ... <a href="http://business.gaeatimes.com/2011/12/14/364-days-treasury-bills-auction-result-17-120847/">Read more : 364-Days Treasury Bills : Auction Result</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/14/364-days-treasury-bills-auction-result-17-120847/</link>
			</item>
	<item>
		<title>91-Days Treasury Bills : Auction Result</title>
		<description><![CDATA[





Date of Auction : December 14, 2011




I.


Notified Amount 


` 4000.00    crore




II.


Underwriting notified amount


N.A.




III.


Competitive Bids received


&#160;




(i)


Number


95




(ii)


Amount


` 15266.90 crore




IV.


Cut-off price  


` 97.93 (YTM    is 8.4782%)




V.


Competitive bids accepted 


&#160;




(i)


Number


44




(ii)


Amount


` 4000.00    crore




VI.


Partial Allotment Percentage of Competitive Bids 


63.22 (19 Bids)




VII.


Weighted Average Price


` 97.94




VIII.


Non-competitive bids received


&#160;




(i)


Number


3




(ii)


Amount


` 1701.00    ... <a href="http://business.gaeatimes.com/2011/12/14/91-days-treasury-bills-auction-result-52-120846/">Read the original article on Gaea Times at  : 91-Days Treasury Bills : Auction Result</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/14/91-days-treasury-bills-auction-result-52-120846/</link>
			</item>
	<item>
		<title>Professor Maurice Obstfeld, University of California, Berkeley, delivered the 12th L. K. Jha Memorial Lecture on ‘Gross Financial Flows, Global Imbalances, and Crises’</title>
		<description><![CDATA[


Professor Maurice Obstfeld, University of California,  Berkeley, delivered  the twelfth L. K. Jha Memorial Lecture organised by the Reserve Bank on  December 13, 2011 in Mumbai. The topic of his lecture was &#8216;Gross Financial  Flows, Global Imbalances, and Crises&#8217;.

Governor Dr. D. Subbarao in  his welcome address noted that Prof. Obstfeld, .... Original article &nbsp;: <a href="http://business.gaeatimes.com/2011/12/14/professor-maurice-obstfeld-university-of-california-berkeley-delivered-the-12th-l-k-jha-memorial-lecture-on-%e2%80%98gross-financial-flows-global-imbalances-and-crises%e2%80%99-120845/">Professor Maurice Obstfeld, University of California, Berkeley, delivered the 12th L. K. Jha Memorial Lecture on ‘Gross Financial Flows, Global Imbalances, and Crises’</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/14/professor-maurice-obstfeld-university-of-california-berkeley-delivered-the-12th-l-k-jha-memorial-lecture-on-%e2%80%98gross-financial-flows-global-imbalances-and-crises%e2%80%99-120845/</link>
			</item>
	<item>
		<title>Reserve Money for the week ended December 09, 2011 and  Money Supply for the fortnight ended December 02, 2011</title>
		<description><![CDATA[


The Reserve Bank has today released data on Reserve  Money (rbidocs.rbi.org.in/rdocs/content/DOCs/IEPR934RM1211.xls)  for the week ended December 09, 2011 and Money Supply (rbidocs.rbi.org.in/rdocs/content/DOCs/IEPR934MS1211.xls)  for the fortnight  ended December 02, 2011.

Ajit  Prasad
      Assistant  General Manager
Press Release: 2011-2012/934



.... <a href="http://business.gaeatimes.com/2011/12/14/reserve-money-for-the-week-ended-december-09-2011-and-money-supply-for-the-fortnight-ended-december-02-2011-120844/">Read the original article &nbsp;: Reserve Money for the week ended December 09, 2011 and  Money Supply for the fortnight ended December 02, 2011</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/14/reserve-money-for-the-week-ended-december-09-2011-and-money-supply-for-the-fortnight-ended-december-02-2011-120844/</link>
			</item>
	<item>
		<title>Scheduled Banks&#8217; Statement of Position in India as on Friday, December 02, 2011</title>
		<description><![CDATA[





(Amount in Rupees crore)&#160;




&#160;


&#160;


Scheduled Commercial    Banks (SCBs)
                (including RRBs)


All Scheduled Banks 




&#160;


&#160;


03-DEC-2010 


18-NOV-2011    *


02-DEC-2011    *


03-DEC-2010&#160;&#160;


18-NOV-2011    *


02-DEC-2011    *




&#160;I


Liabilities to the Banking System (A)


&#160;


&#160;


&#160;


&#160;


&#160;


&#160;




&#160;

a) Demand &#38; time ... Read : <a href="http://business.gaeatimes.com/2011/12/14/scheduled-banks-statement-of-position-in-india-as-on-friday-december-02-2011-120843/">Scheduled Banks&#8217; Statement of Position in India as on Friday, December 02, 2011</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/14/scheduled-banks-statement-of-position-in-india-as-on-friday-december-02-2011-120843/</link>
			</item>
	<item>
		<title>RBI Reference Rate for US $ and Euro</title>
		<description><![CDATA[


The Reserve Bank of India&#8217;s  Reference Rate for the US dollar is `53.5770 and the Reference  Rate for Euro is `69.8925 on December 14, 2011. The corresponding rates for the previous  day (December 13, 2011) were `53.4030 and `70.4435 respectively. Based on the Reference  Rate for the US dollar and middle ... Original source on Gaea Times at  : <a href="http://business.gaeatimes.com/2011/12/14/rbi-reference-rate-for-us-and-euro-273-120842/">RBI Reference Rate for US $ and Euro</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/14/rbi-reference-rate-for-us-and-euro-273-120842/</link>
			</item>
	<item>
		<title>Liquidity Adjustment Facility : Auction Result</title>
		<description><![CDATA[


The result of the RBI Repo auction held today is  as under:


Amount  (face value in ` crore)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;




Item 


1 day Repo Auction
          (Purchase of securities by    RBI)




8.50%    Fixed Rate 




1. Bids received 


&#160;




(i)


Number 


45




(ii)


Amount 


86,545




2. Bids accepted  [..] <a href="http://business.gaeatimes.com/2011/12/14/liquidity-adjustment-facility-auction-result-158-120841/">Read the original article: here</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/14/liquidity-adjustment-facility-auction-result-158-120841/</link>
			</item>
	<item>
		<title>Money Market Operations as on December 13, 2011</title>
		<description><![CDATA[
        
        
                    
            
       .... <a href="http://business.gaeatimes.com/2011/12/13/money-market-operations-as-on-december-13-2011-120840/">Source article on Gaea Times at  &nbsp;: Money Market Operations as on December 13, 2011</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/13/money-market-operations-as-on-december-13-2011-120840/</link>
			</item>
	<item>
		<title>Liquidity Adjustment Facility : Auction Result</title>
		<description><![CDATA[


The  result of the RBI Reverse Repo auction held today is as under:


Amount (face value in `  crore)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 




Item


1 day Reverse    Repo Auction 
            (Sale    of securities by RBI)




7.50% Fixed Rate 




1. Bids received 


&#160;




(i)


Number


Nil




(ii)


Amount


Nil




2. ... <a href="http://business.gaeatimes.com/2011/12/13/liquidity-adjustment-facility-auction-result-157-120839/" title="Liquidity Adjustment Facility : Auction Result">Read more >></a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/13/liquidity-adjustment-facility-auction-result-157-120839/</link>
			</item>
	<item>
		<title>RBI delegates Compounding Powers under FEMA to its Regional Offices</title>
		<description><![CDATA[


As a customer service measure and for  operational convenience, it has been decided to delegate powers to the Regional  Offices of the Reserve Bank of India  to compound certain contraventions of FEMA 1999. The contraventions include: (i)  delay in reporting of inward remittance, (ii) delay in filing of form FC-GPR  .... Original article &nbsp;: <a href="http://business.gaeatimes.com/2011/12/13/rbi-delegates-compounding-powers-under-fema-to-its-regional-offices-120838/">RBI delegates Compounding Powers under FEMA to its Regional Offices</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/13/rbi-delegates-compounding-powers-under-fema-to-its-regional-offices-120838/</link>
			</item>
	<item>
		<title>Result of Auction of 10-year State Development Loans, 2021 -  Punjab Government</title>
		<description><![CDATA[


The Result of the auction of 10-year State  Development Loans, 2021 for Punjab Government held on December 13, 2011.

(` in  crore)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;  &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 



&#160;


Punjab 


Total




Notified Amount


350.000


350.000




Underwriting    Notified Amount


Nil 


Nil




Competitive Bids    Received
            (i) No.
    ... <a href="http://business.gaeatimes.com/2011/12/13/result-of-auction-of-10-year-state-development-loans-2021-punjab-government-3-120837/">Read the original article on Gaea Times at  : Result of Auction of 10-year State Development Loans, 2021 -  Punjab Government</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/13/result-of-auction-of-10-year-state-development-loans-2021-punjab-government-3-120837/</link>
			</item>
	<item>
		<title>Mid-Quarter Review of Monetary Policy To be released at 12 noon on RBI Website on December 16, 2011</title>
		<description><![CDATA[


The Reserve Bank of India will release the next Mid-Quarter  Review of Monetary Policy 2011-12 at 12 noon on December 16, 2011. The Review  will be by way of a press release and will be placed on the Reserve Bank&#8217;s  website (www.rbi.org.in (www.rbi.org.in/) ).

Alpana Killawala
    Chief General Manager
Press  ... <a href="http://business.gaeatimes.com/2011/12/13/mid-quarter-review-of-monetary-policy-to-be-released-at-12-noon-on-rbi-website-on-december-16-2011-120836/">Read more : Mid-Quarter Review of Monetary Policy To be released at 12 noon on RBI Website on December 16, 2011</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/13/mid-quarter-review-of-monetary-policy-to-be-released-at-12-noon-on-rbi-website-on-december-16-2011-120836/</link>
			</item>
	<item>
		<title>RBI Reference Rate for US $ and Euro</title>
		<description><![CDATA[


The Reserve Bank of India&#8217;s Reference Rate for the US  dollar is `53.4030 and the  Reference Rate for Euro is `70.4435 on December  13, 2011. The corresponding rates for the previous day (December 12, 2011) were `52.4238 and `69.9405 respectively. Based on the Reference Rate for the US dollar and  middle ... <a href="http://business.gaeatimes.com/2011/12/13/rbi-reference-rate-for-us-and-euro-272-120835/">Read more : RBI Reference Rate for US $ and Euro</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/13/rbi-reference-rate-for-us-and-euro-272-120835/</link>
			</item>
	<item>
		<title>Liquidity Adjustment Facility : Auction Result</title>
		<description><![CDATA[


The result of the RBI Repo auction held today is  as under:


Amount  (face value in ` crore)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;  &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;  &#160;




Item 


1 day Repo Auction
            (Purchase of securities by    RBI)




8.50%    Fixed Rate 




1. Bids received 


&#160;




(i)


Number ... <a href="http://business.gaeatimes.com/2011/12/13/liquidity-adjustment-facility-auction-result-156-120834/">Read the original article on Gaea Times at  : Liquidity Adjustment Facility : Auction Result</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/13/liquidity-adjustment-facility-auction-result-156-120834/</link>
			</item>
	<item>
		<title>Money Market Operations as on December 12, 2011</title>
		<description><![CDATA[
        
        
                    
            
       .... <a href="http://business.gaeatimes.com/2011/12/12/money-market-operations-as-on-december-12-2011-120833/">Source article &nbsp;: Money Market Operations as on December 12, 2011</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/12/money-market-operations-as-on-december-12-2011-120833/</link>
			</item>
	<item>
		<title>Liquidity Adjustment Facility : Auction Result</title>
		<description><![CDATA[


The result  of the RBI Reverse Repo auction held today is as under:


Amount  (face value in ` crore)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;




Item


1 day Reverse Repo Auction
          (Sale    of securities by RBI)




7.50%    Fixed Rate




1. Bids received


&#160;




(i)


Number


1




(ii)


Amount


5




2. Bids accepted


&#160;




(i)


Number


1




(ii)


Amount


5



Ajit Prasad
    [..] <a href="http://business.gaeatimes.com/2011/12/12/liquidity-adjustment-facility-auction-result-155-120832/">Read the original article: here</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/12/liquidity-adjustment-facility-auction-result-155-120832/</link>
			</item>
	<item>
		<title>Milestones in RBI&#8217;s History : A Newsibition in Mumbai</title>
		<description><![CDATA[


Smt.  Usha Thorat, Director, Center for Advanced Financial Research and Learning  (CAFRAL) and former Deputy Governor, Reserve Bank of India inaugurated the  Reserve Bank of India&#8217;s Newsibition today at the Reserve Bank of India,  First Floor, Byculla Office, (Opposite Mumbai Central Railway Station), Mumbai  - 400 008.

The Newsibition is part ... Original article on  : <a href="http://business.gaeatimes.com/2011/12/12/milestones-in-rbis-history-a-newsibition-in-mumbai-120831/">Milestones in RBI&#8217;s History : A Newsibition in Mumbai</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/12/milestones-in-rbis-history-a-newsibition-in-mumbai-120831/</link>
			</item>
	<item>
		<title>RBI Bulletin December 2011</title>
		<description><![CDATA[


The Reserve Bank of India today released the December  2011 issue of its monthly RBI Bulletin (rbi.org.in/scripts/BS_ViewBulletin.aspx) . The Bulletin carries six articles,  namely, (i) India&#8217;s Foreign Trade: 2011-12 (April-September) (ii) Central Government Finances 2011-12  (April-September) (iii) Inflation  Expectations Survey of Households: September 2011 (Round 25) (iv) Quarterly Industrial  Outlook .... <a href="http://business.gaeatimes.com/2011/12/12/rbi-bulletin-december-2011-120830/">Read the original article &nbsp;: RBI Bulletin December 2011</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/12/rbi-bulletin-december-2011-120830/</link>
			</item>
	<item>
		<title>Money Market Operations as on December 10, 2011</title>
		<description><![CDATA[
        
        
                    
            
       .... <a href="http://business.gaeatimes.com/2011/12/12/money-market-operations-as-on-december-10-2011-120829/">Original article on Gaea Times at  &nbsp;: Money Market Operations as on December 10, 2011</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/12/money-market-operations-as-on-december-10-2011-120829/</link>
			</item>
	<item>
		<title>Foreign Exchange Turnover Data</title>
		<description><![CDATA[


The  Reserve Bank of India  today released the data showing daily merchant and inter-bank transactions in foreign  exchange for the period November 21, 2011 to November 25, 2011.


All  Figures are in USD Millions&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;




Position 
          Date


MERCHANT


INTER BANK




FCY / INR


FCY / FCY


FCY / INR


FCY ... <a href="http://business.gaeatimes.com/2011/12/12/foreign-exchange-turnover-data-52-120828/">Read more : Foreign Exchange Turnover Data</a>.]]></description>
		<link>http://business.gaeatimes.com/2011/12/12/foreign-exchange-turnover-data-52-120828/</link>
			</item>
</channel>
</rss>

