Business News – Newsletter for March 26, 2011
Saturday, March 26, 2011
Issuance Calendar for Marketable Dated Securities for the first half of 2011-12
With a view to enabling institutional and retail investors to plan their investment in an efficient manner and providing transparency and stability in the Government securities market, it has been decided to continue with the system of releasing the indicative calendar for issuance of the Government of India securities. Accordingly, an …. Source : Gaea News Network.
Calendar for Auction of Government of India Treasury Bills (For the Quarter April 2011 ??? June 2011)
On a review of the cash position of the Government of India, the Reserve Bank of India, in consultation with the Government of India, has decided to modify the notified amounts for the issuance of Treasury Bills for the first quarter ending June 2011. The notified amounts for the auction of … Original source on Gaea Times at : Calendar for Auction of Government of India Treasury Bills (For the Quarter April 2011 ??? June 2011).
91-day Treasury Bills auction: Rs.5,000 crore under regular auction
The Reserve Bank of India has announced the auction of 91-day Government of India Treasury Bills for notified amount of Rs.5,000 crore. The auction will be conducted on March 30, 2011 using "Multiple Price Auction" method. The allocation to the non-competitive bidders will be outside the notified amount at the …. Original source : 91-day Treasury Bills auction: Rs.5,000 crore under regular auction.
182-day Treasury Bills auction: Rs.2,000 crore under regular auction
The Reserve Bank of India has announced the auction of 182-day Government of India Treasury Bills for notified amount of Rs.2,000 crore. The auction will be conducted on March 30, 2011 using "Multiple Price Auction" method. The allocation to the non-competitive bidders will be outside the notified amount at the … Read more »».
Second Liquidity Adjustment Facility : Auction Results
The results of the RBI Repo/Reverse Repo auctions held on March 25, 2011 are:
Amount (face value in ` crore)
Item
3 days Reverse Repo Auction
(Sale of securities by RBI)
3 days Repo Auction
…. Source article : Second Liquidity Adjustment Facility : Auction Results.
Government of Nagaland announces Auction of State Development Loans 2021 for `100.000 crore on March 29, 2011
The Government of Nagaland has announced the sale of their 10-year State Development Loan (SDL) for an aggregate amount of `100.000 crore through yield based auction using multiple price auction method.
The auction will be conducted by the Reserve Bank of India (RBI) at Mumbai on March 29, 2011 (Tuesday). …. Original article on Gaea Times at : Government of Nagaland announces Auction of State Development Loans 2021 for `100.000 crore on March 29, 2011.
The Bhabhar Vibhag Nagrik Sahakari Bank Limited, Bhabhar, Dist. Banaskantha ??? Penalised
The Reserve Bank of India has imposed a monetary penalty of ` 1.00 lakh (Rupees one lakh only) on The Bhabhar Vibhag Nagrik Sahakari Bank Limited, Bhabhar, Dist. Banaskantha, 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 … Read this article on Gaea Times at : The Bhabhar Vibhag Nagrik Sahakari Bank Limited, Bhabhar, Dist. Banaskantha ??? Penalised.
Reserve Bank of India ??? Bulletin Weekly Statistical Supplement ??? Extract
1. Reserve Bank of India – Liabilities and Assets
(` crore)
Item
2010
2011
Variation
Mar. 19
Mar. 11
Mar. 18#
Week
Year
1
2
3
4
5
6
Loans and advances
Central Government
—
—
—
—
—
State Governments
324
1,750
523
–1,228
199
2. Foreign Exchange Reserves
Variation over
Item
As on Mar. 18, 2011
Week
End-March 2010
End-December 2010
Year
`
Crore
US$
… Read more »».
Half Yearly Report on Management of Foreign Exchange Reserves
The Reserve Bank of India has released the 15th half-yearly report on management of foreign exchange reserves with reference to September 2010 (www.rbi.org.in/scripts/PublicationsView.aspx?id=13157) .
It may be recalled that in February 2004, the Reserve Bank had commenced a process of compiling half yearly reports and placing them in the public domain … Read more : Half Yearly Report on Management of Foreign Exchange Reserves.
Foreign Exchange Turnover Data
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period March 7, 2011 to March 11, 2011.
All Figures are in USD Millions
Position
Date
MERCHANT
INTER BANK
FCY / INR
FCY / FCY
FCY / INR
FCY / FCY
Spot
Forward
Forward
…. Source : Foreign Exchange Turnover Data.