The results of the RBI Repo (Additional)/ Reverse Repo auction held today is as under:

The Reserve Bank of India has imposed a monetary penalty of `5.00 lakh (Rupees five lakh only) on Janatha Seva Co-operative Bank Ltd., Bangalore, in exercise of powers vested in it under the provisions of Section 47(A)(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of Reserve Bank of India's instructions on Know Your Customers (KYC) norms and Anti Money Laundering (AML)  guidelines.

The Reserve Bank of India has announced the auction of 182-day Government of India Treasury Bills for notified amount of ` 4,000 crore. The auction will be conducted on December 21, 2011 using "Multiple Price Auction" method. The allocation to the non-competitive bidders will be outside the notified amount at the discretion of the Bank. The sale will be subject to the terms and conditions specified in the General Notification No. F.2 (12)-W & M/97 dated 31st March, 1998 issued by Government of India and as amended from time to time.

The following Eleven State Governments have announced the sale of their 10-year State Development Loans (SDLs) for an aggregate amount of `9090.000 crore (face value) through yield based auction using multiple price auction method.

The Reserve Bank of India has announced the auction of 91-day Government of India Treasury Bills for notified amount of ` 4,000 crore. The auction will be conducted on December 21, 2011 using "Multiple Price Auction" method. The allocation to the non-competitive bidders will be outside the notified amount at the discretion of the Bank. The sale will be subject to the terms and conditions specified in the General Notification No. F.2 (12)-W & M/97 dated 31st March, 1998 issued by Government of India and as amended from time to time.