The Government of India have announced the issue of 8.01 per cent ‘Postal Life Insurance Government of India Special Security 2021’ for ` 4,000 crore (nominal) and 8.08 per cent ‘Postal Life Insurance Government of India Special Security 2023’ for ` 3,000 crore (nominal). The Special Securities are being issued at par to Directorate of Postal Life Insurance on March 31, 2011 (Thursday) to convert part of the frozen corpus of Post Office Life Insurance Fund (POLIF) and Rural Post Life Insurance Fund (RPOLIF).
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) (www.rbi.org.in/scripts/ECBUserView.aspx?Id=87) and Foreign Currency Convertible Bonds (FCCB), both through Automatic Route and Approval Route, for the month of February 2011.
Data on sectoral deployment of credit collected on a monthly basis from select 47 scheduled commercial banks accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks for the month of February 2011 are set out in Statements I (rbidocs.rbi.org.in/rdocs/Content/docs/SIBC0310311_S1.xls) and II (rbidocs.rbi.org.in/rdocs/Content/docs/SIBC310311_S2.xls) . These data are also available in the Real-Time Handbook of Statistics on the Indian Economy (dbie.rbi.org.in (dbie.rbi.org.in/) ).
The Reserve Bank of India has permitted transfer of/trading in the Power Bonds maturing on October 1, 2015 and April 1, 2016, issued by various States to the Central Public Sector Undertakings (CPSUs) in terms of the Tripartite Agreement among 27 State Governments, Ministry of Power, Government of India and the Reserve Bank of India under One Time Settlement Scheme for dues of State Electricity Boards with effect from April 1, 2011.
More News
- Second Liquidity Adjustment Facility : Auction Results
- Sources of Variation in Foreign Exchange Reserves in India During April-December of 2010-11
- Market Stabilisation Scheme: Ceiling for Fiscal Year 2011-12
- India’s Quarterly International Investment Position: December 2010
- Developments in India’s Balance of Payments during the Third Quarter (October-December 2010) of 2010-11
- RBI Reference Rate for US $ and Euro
- Liquidity Adjustment Facility: Auction Results