The results of the RBI Repo/Reverse Repo auctions held on March 23, 2011 are:

The Reserve Bank of India has today notified that the aggregate net purchases of equity shares in Karur Vysya Bank Ltd. by Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS) have reached the trigger limit. Therefore, further purchases of equity shares in the primary/secondary market of this company would be allowed only after obtaining prior approval of the Reserve Bank of India.