364-day Treasury Bills auction for Rs.1000 crore
Jan 01, 6:17 AM EST |
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| Tenders should be submitted in the prescribed form on Wednesday, July 04, 2007 by 12.30 P.M. Results will be announced on the same evening. |
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| The Reserve Bank of India has announced the auction of 364-day Government of India Treasury Bills for notified amount of Rs. 1000 crore. The auction will be conducted on July 04, 2007 using ""Multiple Price Auction"" method. |
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RBI transfers its share of SBI to Govt of India
Jan 01, 6:22 AM EST |
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| RBI transfers its share holding in SBI to Government of India |
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| The Reserve Bank of India today transferred its entire share holding in State Bank of India to the Government of India. Shares aggregating 31,43,39,200 have been transferred for a consideration amount of Rs. 35,531,33,14,720/- at a price of Rs. 1130.35 per share. |
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91-day Treasury Bills auction for Rs. 500 crore
Jan 01, 6:26 AM EST |
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| RBI has announced the auction of 91-day Government of India Treasury Bills for notified amount of Rs.500 crore. |
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| The Reserve Bank of India has announced the auction of 91-day Government of India Treasury Bills for notified amount of Rs.500 crore. The auction will be conducted on July 04, 2007 using ""Multiple Price Auction"" method. |
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Investment by FIIs under PIS–Meghamani Organic
Jan 01, 6:03 AM EST |
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| RBI has today notified that no further purchases of equity shares of the Meghamani Organics Ltd. |
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| The Reserve Bank of India has today notified that no further purchases of equity shares of the Meghamani Organics Ltd. should be made on behalf of Foreign Institutional Investors (FIIs) under Portfolio Investment Scheme (PIS) through stock exchanges in India..... |
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RBI Cancels Certi of Regi of Yeturi Gen Finances
Jan 01, 6:09 AM EST |
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| RBI on May 23, 2007 cancelled the certificate of registration granted to Yeturi General Finances Limited |
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| The Reserve Bank of India has on May 23, 2007 cancelled the certificate of registration granted to Yeturi General Finances Limited having its registered office at ''YETURI'', 27, Banjara Avenue, Banjara Hills, Hyderabad – 500034 for carrying on the business of a non-banking financial institution. |
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RBI Cancels Certi of Regi of Siri Malle Finance
Jan 01, 6:13 AM EST |
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| The RBI on June 7, 2007 cancelled the certificate of registration granted to Siri Malle Finance Limited |
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| The Reserve Bank of India has on June 7, 2007 cancelled the certificate of registration granted to Siri Malle Finance Limited having its registered office at 6-3-667/4, III Floor, flat No. 302, Sirimalle Towers, Panjagutta, Hyderabad – 500082 for carrying on the business of a non-banking financial institution. |
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Rs.1, Rs.2 and Rs.5 notes - Not withdrawn - RBI
Dec 31, 8:05 AM EST |
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| RBI received reports that doubts are being raised regarding the validity/acceptability of notes. |
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| The Bank wishes to clarify that although the printing of Re.1, Rs.2 and Rs.5 notes has been discontinued, the notes of these denominations issued earlier will continue to be legal tender. |
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RBI announce rate of int. onFlt. Rate Bonds,2017
Dec 30, 10:17 PM EST |
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| The rate of interest on the Floating Rate Bonds, 2017 (FRB, 2017) - Shell be 8.04 per cent per annum. |
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| RBI announces, the rate of interest on the Floating Rate Bonds, 2017 (FRB, 2017) applicable for the half-year (July 2, 2007 to January 1, 2008) shall be 8.04 per cent per annum. |
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RBI announce rate of int. onFlt. Rate Bonds,2015
Dec 30, 10:22 PM EST |
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| The rate of interest on the Floating Rate Bonds, 2015 (FRB, 2015) applicable for the year (July 2, 2007 to July 1, 2008) shall be 7.88 percent per ann |
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| The variable base rate for payment of interest shall be the average rate (rounded off up to two decimal places) of the implicit yields at cut-off prices emerging in the three auctions of Government of India 364 day Treasury Bills immediately preceding the relative annual coupon reset date which worked out to be 7.69 per cent. |
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Investment by FIIs under PIS : I F C I Ltd.
Dec 30, 10:25 PM EST |
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| Investment by FIIs under PIS : Industrial Finance Corporation of India Limited (IFCI Ltd.) |
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| The Reserve Bank of India has today notified that under PIS, FIIs, can now purchase equity shares of Industrial Finance Corporation of India Limited, through Secondary market in India. |
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