India

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 November 2, 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 Reserve Bank of India has announced the auction of 364-day Government of India Treasury Bills for notified amount of ` 4,000 crore.The auction will be conducted on November 2, 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 results of the auctions of 7.99% Government Stock, 2017 (Re-issue), 8.13% Government Stock, 2022 (Re-issue), 8.28% Government Stock, 2027 (Re-issue) and 8.30 Government Stock, 2040 (Re-issue) held on October 28, 2011 are :

The Reserve Bank of India has, through a questionnaire, sought views/comments of all stakeholders on the Terms of Reference for the Nair Committee on Priority Sector Lending (www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=24953) . Comments/suggestions/views may be emailed (mailto:rpcdplan@rbi.org.in)  latest by November 15, 2011. It may be recalled that the Reserve Bank of India had appointed a Committee to re-examine the existing classification and suggest revised guidelines with regard to priority sector lending classification and related issues (Chairman :  Shri M. V. Nair).