On a review of the current ECB policy, it has been decided, in consultation with the Government of India, to further rationalise and liberalize the ECB Policy as under :
The Reserve Bank of India will shortly issue `10/- denomination Banknotes without inset letter, in the Mahatma Gandhi Series with the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, with the year of printing 2011 printed on the back of the Banknote, with incorporation of "`" symbol.
The Government of Punjab has announced the sale of their 10-year State Development Loan (SDL) for an aggregate amount of ` 300.000 crore (face value) through yield based auction using multiple price auction method.
The result of the RBI Reverse Repo auction held today is as under:
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