Reserve Bank of India Occasional Papers
Oct 31, 8:45 AM EST |
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| The Reserve Bank of India today released the combined Summer, Monsoon and Winter 2004 issue of its Occasional Papers. |
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| The Occasional Papers is the research journal of the Reserve Bank. It contains contribution of the Reserve Bank''''s staff and reflects the views of the authors. The Issue contains a rich fare of articles, special notes and book reviews. |
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RBI Reference Rate for US dollar and Euro
Oct 31, 8:49 AM EST |
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| Reference Rate for the US dollar is Rs.45.1100 and Reference Rate for Euro is Rs.54.4300 on October 31, 2005. |
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| The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.1100 and the Reference Rate for Euro is Rs.54.4300 on October 31, 2005. The corresponding rates for the previous day (October 28, 2005) were Rs.45.0900 and Rs.54.8200 respectively. |
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182 Day Treasury Bills Auction :
Oct 28, 8:53 AM EST |
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| Rs.500 crore under regular auction, Rs.1000 crore under MSS |
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| The Reserve Bank of India has announced the auction of 182 day Government of India treasury bills for a notified amount of Rs.1500 crore. Of this amount, Rs.500 crore will be auctioned under the regular auction calendar and Rs.1000 crore under the Market Stablisation Scheme (MSS). |
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91 Day Treasury Bills Auction :
Oct 28, 8:55 AM EST |
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| Rs.500 crore under regular auction, Rs.1500 crore under MSS |
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| The Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.2000 crore. Of this amount, Rs.500 crore will be auctioned under the regular auction calendar and Rs.1500 crore under the Market Stablisation Scheme (MSS). |
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RBI Cancels the Licence of Anand People's Coop
Oct 28, 9:03 AM EST |
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| The Reserve Bank of India has on October 26, 2005 cancelled the licence granted to The Anand People's Co-operative Bank Ltd., Anand, Gujarat, |
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| The Registrar of Cooperative Societies, Gujarat has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. It may be highlighted that on liquidation every depositor is entitled to repayment of his deposits up to a monetary ceiling of Rs. 1,00,000 from the Deposit Insurance and Credit Guarantee Corporation (DICGC). |
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RBI to issue Rs.100 banknote with letter 'E'
Oct 25, 9:06 AM EST |
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| The Reserve Bank of India will shortly issue Rs.100 denomination banknotes with inset letter `E' in numbering panel in Mahatma Gandhi Series – 2005 |
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| All banknotes in the denomination of Rs.100 issued by the Bank in the past will continue to be legal tender. |
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RBI Mid-term Review of Annual Policy Statement
Oct 25, 9:17 AM EST |
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| RBI Governor announces Mid-term Review of Annual Policy Statement for the year 2005-06 |
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| Dr. Y. Venugopal Reddy, Governor, in a meeting with Chief Executives of major commercial banks today presented the mid-term Review of the annual policy Statement for 2005-06. The Statement consists of two parts: Part I. Review of Annual Statement on Monetary Policy for the Year 2005-06; and Part II. Review of Annual Statement on Developmental and Regulatory Policies for the Year 2005-06. |
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182 day Treasury Bills auction
Oct 25, 12:25 AM EST |
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| The RBI has announced the auction for notified amount of Rs. 500 crore under the regular auction calendar. |
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| 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 Reserve Bank.Reserve Bank has decided that the auction of 182-day Treasury Bills for Rs.1000 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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Macroeconomic and Monetary Developments
Oct 24, 9:34 AM EST |
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| The Reserve Bank of India today released the document ""Macroeconomic and Monetary Developments: Mid-Term Review 2005-06"" |
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| Available information for the first five months of 2005-06 (April-August) indicates improvement in Central Government finances, benefiting from higher tax collections and expenditure management through control over non plan expenditure. |
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RBI to issue New Rs. 1000 Notes
Oct 21, 8:25 AM EST |
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| RBI will shortly issue Rs.1000 denomination banknotes in Mahatma Gandhi Series without inset letter in numbering panel bearing the signature |
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| The new series 2005 banknotes will be of the same size and there is no change in the design/images of the banknotes both at the obverse (front) and reverse (back). While there is no change in the colour at the obverse (front), the colour at the reverse (back) is different due to use of only offset printing. |
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