India
The results of the RBI Repo (Additional)/ Reverse Repo auction held today is as under:
Amount (face value in ` crore)
Item
3 days Reverse Repo Auction (Sale of securities by RBI)
3 days Repo Auction
(Purchase of securities by RBI)
7.50% Fixed Rate
8.50% Fixed Rare
1.
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 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.
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