Financial Markets

RBI/2010-11/146 FMD.MSRG.49/02.13.016/2010-2011 July 28, 2010 All Debenture Trustees Dear Sir, Reporting of Issuance of Non Convertible Debentures The Reserve Bank of India has issued the ‘Issuance of Non-Convertible Debentures (Reserve Bank) Directions, 2010’ vide IDMD.DOD.9/11.01.01(A)/2009-10 dated June 23, 2010 regarding regulation of non-convertible debentures of maturity up to one year(NCDs). In terms of paragraph 12.7 of the said Directions read with paragraphs

RBI/2010-2011/138 FMD.MOAG. No.48/01.01.01/2010-11 July 27, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced in the First Quarter Review of Monetary Policy 2010-11, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 5.50 per cent to 5.75 per cent and the reverse repo rate by 50 basis points from 4.0

RBI/2010-11/127 FMD.MSRG. No. 47/02.13.002/2010-11 July 22, 2010 To All Market Participants Market timings for outright transactions in Government securities, Repo in Government securities and Collateralised Borrowing and Lending Obligation (CBLO) The present market timing for outright transactions in Government securities, Repo in Government securities and Collateralised Borrowing and Lending Obligation (CBLO) that settle on T+1 basis is from 9:00 a.m. to 5:30 p.m. I

RBI/2010-2011/118 FMD.MOAG. No. 46 /01.01.01/2010-11 July 16, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Second Liquidity Adjustment Facility On an assessment of current overall liquidity conditions and with a view to providing flexibility to scheduled commercial banks and primary dealers in their liquidity management, it has been decided to extend the second liquidity adjustment facility (SLAF) on a daily basis till July 30, 20

RBI/2010-2011/107 FMD.MOAG. No. 45 /01.01.01/2010-11 July 2, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo And Reverse Repo Rates On an assessment of the current macroeconomic situation, it has been decided to take the following monetary policy measures as a part of the calibrated exit from the expansionary monetary policy: to increase the repo rate under the Liquidity Adjustment Facility (LAF)

RBI/2009-10/294 A.P. (DIR Series) Circular No.29 January 28, 2010 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit of USD 40 million to the Government of the United Republic of Tanzania Export-Import Bank of India (Exim Bank) has concluded an Agreement dated May 28, 2009 with the Government of the United Republic of Tanzania making available to the latter, a Line of Credit (LOC) of USD 40 million (USD forty million only) for financin

RBI/2009-10/177 FMD/MSRG/40 /01.14.001/2009-2010 October 5, 2009 To All Scheduled Commercial Banks@@NBSP@@ (excluding RRBs and LABs) and Primary Dealers. Dear Sir, Reporting of OTC Interest Rate Derivatives – Client Level Transactions Please refer to our circular IDMD 809/11.08.15/2007-08 dated August 23, 2007 wherein banks and Primary Dealers were advised to report all transactions in interest rate swaps and forward rate agreements, excluding client trades, on the re

RBI/2009-10/134 FMD.MSRG No. 39 /02.04.003/ 2009-10 August 28, 2009 To All Scheduled Commercial Banks, Primary dealers, Urban co-operative banks, Non-banking Finance Companies and specified All India Financial Institutions Dear Sir Exchange traded interest rate futures It has been decided to introduce Interest Rate Futures on a notional coupon bearing 10-year Government of India security. In this regard Reserve Bank of India has issued a direction FMD.MSRG. 1/02.04.00

RBI/2008-09/495 DIT.CO.(Pol).Cir 2/ 3092/09.63.26 /2008-09 June 10, 2009 The Chief Executives of all participant members (RTGS/NDS/CFMS) Dear Sir / Madam, IT based systems – Business Continuity and DR Operations Please refer to the Annual Policy statement of the Governor, Reserve Bank of India, announced on April 21, 2009 ((cf. paragraph 152). 2.@@NBSP@@ As you would be aware, the Reserve Bank has set up ‘state-of-the-art’ Data Centres, which have appropriate backup f

RBI/2008-09/444 FMD.MOAG. No. 35/01.01.01/2008-09 @@NBSP@@ April 21, 2009 @@NBSP@@ All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers @@NBSP@@ Dear Sir, @@NBSP@@ SPECIAL TERM REPO FACILITY @@NBSP@@ Please refer to our circular FMD.MOAG. No. 30/01.01.01/2008-09 dated November 17, 2008 and Press Release dated November 28, 2008 allowing banks to avail liquidity support under the LAF at the extant repo rate through relaxation in the maintenance of SLR to