The Reserve Bank of India has imposed a monetary penalty of `1.00 lakh (Rupees one lakh only) on the The Mehsana Nagarik Sahakari Bank Ltd., Mehsana (Gujarat), 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 relating to Anti Money Laundering (AML) guidelines.
In the auctions conducted on November 3, 2011 for Additional Competitive Underwriting (ACU) of the captioned securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:
The Reserve Bank of India’s Reference Rate for the US dollar is `49.3748 and the Reference Rate for Euro is `67.5920 on November 3, 2011.The corresponding rates for the previous day (November 2, 2011) were `49.2508 and `67.6445 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below:
The result of the RBI Repo auction held today is as under:
More News
- Scheduled Banks’ Statement of Position in India as on Friday, October 21, 2011
- Liquidity Adjustment Facility : Auction Result
- 364-Days Treasury Bills : Auction Result
- 91-Days Treasury Bills : Auction Result
- Reserve Money for the week ended October 28, 2011 and Money Supply for the fortnight ended October 21, 2011
- RBI Reference Rate for US $ and Euro
- Underwriting Auctions for Government securities
- Liquidity Adjustment Facility : Auction Result
- Money Market Operations as on November 01, 2011
- Export of Goods and Software – Realisation and Repatriation of export proceeds – Liberalisation
- Liquidity Adjustment Facility : Auction Result
- Certificate of Registration of M/s. J.P.S.K.Holdings Private Limited, New Delhi - Cancelled
- RBI Reference Rate for US $ and Euro
- Liquidity Adjustment Facility : Auction Result
- Money Market Operations as on October 31, 2011
- Government of India announce the sale of three dated securities for ` 13,000 crore on November 4, 2011
- Liquidity Adjustment Facility : Auction Result
- Sectoral Deployment of Bank Credit – September 2011
- Money Market Operations as on October 29, 2011
- RBI Reference Rate for US $ and Euro
- Liquidity Adjustment Facility : Auction Result
- Money Market Operations as on October 28, 2011
- Liquidity Adjustment Facility : Auction Result
- 91-day Treasury Bills auction: ` 4,000 crore under regular auction
- 364-day Treasury Bills auction: ` 4,000 crore under regular auction
- Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract
- Government Stock - Auction Results
- RBI seeks Feedback on ToR for Nair Committee on Priority Sector Lending
- Foreign Exchange Turnover Data
- Reserve Money for the week ended October 21, 2011
- RBI Reference Rate for US $ and Euro
- Liquidity Adjustment Facility : Auction Result
- Money Market Operations as on October 25, 2011
- Pravara Sahakari Bank Ltd., Ahmednagar – Penalised
- Liquidity Adjustment Facility : Auction Result
- 91-Days Treasury Bills : Auction Result
- 182-Days Treasury Bills : Auction Result
- Results of Underwriting Auctions
- RBI Reference Rate for US $ and Euro
- Second Quarter Review of Monetary Policy for 2011-12 Press Statement by Dr. D. Subbarao, Governor
- Liquidity Adjustment Facility : Auction Result
- Money Market Operations as on October 24, 2011
- The Baroda Traders Co-operative Bank Ltd., Vadodara – Penalised
- Liquidity Adjustment Facility : Auction Result
- Certificate of Registration of M/s. Cyclo Investments Private Limited - Cancelled
- Money Market Operations as on October 22, 2011
- Macroeconomic and Monetary Developments: Second Quarter Review 2011-12
- Underwriting Auctions for Government Securities
- RBI Reference Rate for US $ and Euro
- Liquidity Adjustment Facility : Auction Result
- Money Market Operations as on October 21, 2011
- Liquidity Adjustment Facility : Auction Result
- Government of India announce the sale of Four dated securities for ` 15,000 crore on October 28, 2011
- 182-day Treasury Bills auction: ` 4,000 crore under regular auction
- 91-day Treasury Bills auction: ` 4,000 crore under regular auction
- Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract
- Foreign Exchange Turnover Data
- RBI Reference Rate for US $ and Euro
- Liquidity Adjustment Facility : Auction Result
- Money Market Operations as on October 20, 2011
- RBI changes Date for Operationalisation of CDS Guidelines for Corporate Bonds
- Liquidity Adjustment Facility : Auction Result
- RBI Reference Rate for US $ and Euro
- Liquidity Adjustment Facility : Auction Result
- Money Market Operations as on October 19, 2011
- The Jain Sahakari Bank Ltd., Mumbai – Penalised
- Liquidity Adjustment Facility : Auction Result
- 91-Days Treasury Bills : Auction Result
- 364-Days Treasury Bills : Auction Result
- Reserve Money for the week ended October 14, 2011 and Money Supply for the fortnight ended October 7, 2011
- RBI launches Order Books, Inventories and Capacity Utilization Survey: July-September 2011 (Round 15)
- Scheduled Banks’ Statement of Position in India as on Friday, October 7, 2011
- RBI Reference Rate for US $ and Euro
- Liquidity Adjustment Facility : Auction Result
- Money Market Operations as on October 18, 2011
- Two more Members join RBI Board
- Investment by FIIs under PIS : The Karur Vysya Bank Limited
- Investment by FIIs under PIS : M/s. Jain Irrigation Systems Limited
- Liquidity Adjustment Facility : Auction Result
- Results of Auctions of 10-year State Development Loans, 2021 of Eleven State Governments
- RBI Reference Rate for US $ and Euro
- Liquidity Adjustment Facility : Auction Result
- Money Market Operations as on October 17, 2011
- Overseas Direct Investment for September 2011
- Liquidity Adjustment Facility : Auction Result
- 48-Days Cash Management Bills : Auction Result
- Money Market Operations as on October 15, 2011
- RBI Reference Rate for US $ and Euro
- Liquidity Adjustment Facility : Auction Result
- Money Market Operations as on October 14, 2011
- RBI announces Auction of 48-days Cash Management Bills
- Liquidity Adjustment Facility : Auction Result
- Eleven State Governments announce Auction of State Development Loans 2021 on October 18, 2011
- Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract
- 91-day Treasury Bills auction: `4,000 crore under regular auction
