The following two State Governments have announced the sale of their 10-year State Development Loans (SDLs) for an aggregate amount of ` 1250.000 crore (face value) through yield based auction using multiple price auction method.
The result of the RBI Reverse Repo auction held on August 25, 2011 are:
The Reserve Bank of India today released its Annual Report for 2010-11 (rbi.org.in/scripts/AnnualReportPublications.aspx?year=2011) . This is a statutory Report of the Central Board of the Reserve Bank that covers (i) the assessment of the macroeconomic performance during 2010-11 and the prospects for 2011-12, and (ii) the working and operations of the Reserve Bank and its financial accounts. The highlights of the Report are as follows:
The Reserve Bank of India has set up a Committee to re-examine the existing classification and suggest revised guidelines with regard to priority sector lending classification and related issues.
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