The results of the RBI Repo/Reverse Repo auctions held on March 21, 2011 are:
The Reserve Bank of India has on January 7, 2011 cancelled the certificate of registration granted on March 4, 1998 to M/s. Winmore Leasing & Holdings Limited having its registered office at 706, Madhuban Building, 55, Nehru Place, New Delhi-110019 for carrying on the business of a non-banking financial institution as the company has voluntarily exited from the business. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution.
The Reserve Bank of India’s Reference Rate for the US dollar is ` 45.05 and the Reference Rate for Euro is ` 63.81 on March 21, 2011. The corresponding rates for the previous day (March 18, 2011) were ` 45.09 and ` 63.43 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are:
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