The Reserve Bank has today released data on Reserve Money (rbidocs.rbi.org.in/rdocs/Content/DOCs/RES231111_S1.xls) for the week ended November 18, 2011.
Interest Rates on Non-Resident (External) Rupee (NRE) Deposits
The result of the RBI Reverse Repo auction held today is as under:
ECB Policy modified: All-in-cost Ceiling enhanced; ECB raised for Rupee Outlay to be brought in Immediately
On a review of the developments in the global financial markets and current macro-economic conditions, it has been decided, in consultation with the Government of India, to modify certain aspects of the External Commercial Borrowings (ECB) policy as under: