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India Economy Archive: 
Rate for US Dollar and Euro
Nov 30, 12:41 AM EST
RBI Reference Rate for US Dollar and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.9400 and the Reference Rate for Euro is Rs.54.1600 on November 30, 2005. The corresponding rates for the previous day (November 29, 2005) were Rs.45.9200 and Rs.54.2900 respectively.
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Rate for US Dollar and Euro
Nov 29, 12:38 AM EST
RBI Reference Rate for US Dollar and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.9200 and the Reference Rate for Euro is Rs.54.2900 on November 29, 2005. The corresponding rates for the previous day (November 28, 2005) were Rs.45.9400 and Rs.53.7400 respectively.
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Rate for US Dollar and Euro
Nov 28, 12:39 AM EST
RBI Reference Rate for US Dollar and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.9400 and the Reference Rate for Euro is Rs.53.7400 on November 28, 2005. The corresponding rates for the previous day (November 25, 2005) were Rs.45.7800 and Rs.53.8800 respectively.
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Rate for US Dollar and Euro
Nov 25, 12:17 AM EST
RBI Reference Rate for US Dollar and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.7800 and the Reference Rate for Euro is Rs.53.8800 on November 25, 2005. The corresponding rates for the previous day (November 24, 2005) were Rs.45.7200 and Rs.53.9900 respectively.
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91 day Treasury Bills auction
Nov 25, 12:21 AM EST
The Reserve Bank of India has announced the auction for notified amount of Rs. 500 crore under the regular auction calendar.
The auction will be conducted using ""Multiple Price Auction"" method. The allocation to noncompetitive bidders will be outside the notified amount, at the discretion of the Bank.The Reserve Bank has decided that the auction of 91-day Treasury Bills for Rs.1500 crore scheduled for November 30, 2005 under quarterly indicative schedule for MSS will not be conducted.The results will be announced the same evening.
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RBI to introduce Second LAF from November 28
Nov 25, 12:29 AM EST
RBI operates Liquidity Adjustment Facility (LAF) to inject/absorb liquidity through daily repos/reverse repos auctions
The salient features of SLAF are the same as those of LAF. However, the settlement for the LAF and SLAF will be conducted separately and on gross basis.These operations are conducted in the forenoon between 9.30 a.m. and 10.30 a.m. To fine-tune the management of liquidity and in response to suggestions from the market participants, it has been decided to introduce a Second Liquidity Adjustment Facility (SLAF), with effect from November 28, 2005.
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Rate for US Dollar and Euro
Nov 24, 11:44 PM EST
RBI Reference Rate for US Dollar and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.7200 and the Reference Rate for Euro is Rs.53.9900 on November 24, 2005. The corresponding rates for the previous day (November 23, 2005) were Rs.45.7400 and Rs.54.1500 respectively.
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Report on Trend and Progress of Banking in India
Nov 24, 12:13 AM EST
The Reserve Bank of India has today released its Report on Trend and Progress of Banking in India, 2004-05.
Report gives a detailed account of the policy developments,performance of commercial bks,co-op.banks & non-bking financial institutions during 2004-05.Report is divided into 7 chapters & contains detailed statistical tables on several parameters relating to the operations & performance of various financial institutions.RBI continued to strengthen the supervisory framework consistent with the increasing market orientation of the economy with a view to enhancing efficiency & financial stability.
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Cancels The Licence of Natpur Cooperative Bank
Nov 23, 9:19 AM EST
Reserve Bank Cancels the Licence of Natpur Cooperative Bank Ltd., Nadiad, Gujarat.
In view of the fact that the Natpur Co-operative Bank Ltd., Nadiad Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on November 22, 2005, at 12.00 noon delivered the order cancelling its licence to the bank.
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Rate for US Dollar and Euro
Nov 23, 11:32 PM EST
RBI Reference Rate for US Dollar and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.7400 and the Reference Rate for Euro is Rs.54.1500 on November 23, 2005. The corresponding rates for the previous day (November 22, 2005) were Rs.45.8500 and Rs.53.7800 respectively.
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