Notifications - Financial Markets - RBI - Reserve Bank of India
Notifications
Mar 31, 2015
Risk Management and Inter-bank Dealings: Revised Position Limits for Foreign Portfolio Investors (FPIs) in the Exchange Traded Currency Derivatives (ETCD) market
RBI/2014-15/527 A.P.(DIR Series) Circular No. 91 March 31, 2015 To All Category - I Authorised Dealer banks Madam / Sir, Risk Management and Inter-bank Dealings: Revised Position Limits for Foreign Portfolio Investors (FPIs) in the Exchange Traded Currency Derivatives (ETCD) market Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 200
RBI/2014-15/527 A.P.(DIR Series) Circular No. 91 March 31, 2015 To All Category - I Authorised Dealer banks Madam / Sir, Risk Management and Inter-bank Dealings: Revised Position Limits for Foreign Portfolio Investors (FPIs) in the Exchange Traded Currency Derivatives (ETCD) market Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 200
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Mar 20, 2015
T+2 settlements for outright secondary market transactions in Government Securities undertaken by Foreign Portfolio Investors and reported on NDS-OM
RBI/2014-15/507 FMRD.DIRD.06/14.03.007/2014-15 March 20, 2015 All market participants Dear Sir/Madam T+2 settlements for outright secondary market transactions in Government Securities undertaken by Foreign Portfolio Investors and reported on NDS-OM Please refer to paragraph 27 of the fourth bi-monthly Monetary Policy Statement 2014-15 wherein it was announced that in order to address operational issues faced by foreign portfolio investors (FPIs) and long term foreign
RBI/2014-15/507 FMRD.DIRD.06/14.03.007/2014-15 March 20, 2015 All market participants Dear Sir/Madam T+2 settlements for outright secondary market transactions in Government Securities undertaken by Foreign Portfolio Investors and reported on NDS-OM Please refer to paragraph 27 of the fourth bi-monthly Monetary Policy Statement 2014-15 wherein it was announced that in order to address operational issues faced by foreign portfolio investors (FPIs) and long term foreign
Mar 04, 2015
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2014-2015/487 FMOD.MAOG.No.106/01.01.001/2014-15 March 04, 2015 All Scheduled Commercial Banks (excluding RRBs), Scheduled Urban Co-operative Banks and Standalone Primary Dealers Madam / Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.75 per cent to 7.50 per cent with immediate effect. 2. Consequen
RBI/2014-2015/487 FMOD.MAOG.No.106/01.01.001/2014-15 March 04, 2015 All Scheduled Commercial Banks (excluding RRBs), Scheduled Urban Co-operative Banks and Standalone Primary Dealers Madam / Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.75 per cent to 7.50 per cent with immediate effect. 2. Consequen
Mar 04, 2015
Marginal Standing Facility
RBI/2014-2015/488 FMOD.MAOG.No.107/01.18.001/2014-15 March 04, 2015 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility As announced by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.75 per cent to 7.50 per cent with immediate effect. 2. Consequent to the change in the Repo rate, the Marginal Standing Facility (MSF) rate will stand adjusted to 8
RBI/2014-2015/488 FMOD.MAOG.No.107/01.18.001/2014-15 March 04, 2015 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility As announced by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.75 per cent to 7.50 per cent with immediate effect. 2. Consequent to the change in the Repo rate, the Marginal Standing Facility (MSF) rate will stand adjusted to 8
Feb 05, 2015
Re-repo in Government Securities Market
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2014-15/454 FMRD.DIRD.5/14.03.002/2014-15 February 05, 2015 All Market Participants Dear Sir/Madam, Re-repo in Government Securities Market Please refer to paragraph 26 of the fourth bi-monthly Monetary Policy Statement 2014-15 wherein it was proposed that re-repo in Government securities will be permitted subject to appropriate control measures
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2014-15/454 FMRD.DIRD.5/14.03.002/2014-15 February 05, 2015 All Market Participants Dear Sir/Madam, Re-repo in Government Securities Market Please refer to paragraph 26 of the fourth bi-monthly Monetary Policy Statement 2014-15 wherein it was proposed that re-repo in Government securities will be permitted subject to appropriate control measures
Feb 03, 2015
Ready Forward Contracts in Corporate Debt Securities
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2014-15/447 FMRD.DIRD.04/14.03.002/2014-15 February 03, 2015 To All Market Participants Ready Forward Contracts in Corporate Debt Securities Please refer to the notification no IDMD.DOD. 04/11.08.38/ 2009-10 dated January 8, 2010 as amended vide notification no. IDMD.PCD. 21/11.08.38/2010-11 dated November 9, 2010 and notification no IDMD.PCD.08/
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2014-15/447 FMRD.DIRD.04/14.03.002/2014-15 February 03, 2015 To All Market Participants Ready Forward Contracts in Corporate Debt Securities Please refer to the notification no IDMD.DOD. 04/11.08.38/ 2009-10 dated January 8, 2010 as amended vide notification no. IDMD.PCD. 21/11.08.38/2010-11 dated November 9, 2010 and notification no IDMD.PCD.08/
Jan 15, 2015
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2014-2015/403 FMOD.MAOG. No. 104/01.01.001/2014-15 January 15, 2015 All Scheduled Commercial Banks (excluding RRBs), Scheduled Urban Co-operative Banks and Standalone Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 8.00 per cent to 7.75 per cent with immediate effect. 2. Conseque
RBI/2014-2015/403 FMOD.MAOG. No. 104/01.01.001/2014-15 January 15, 2015 All Scheduled Commercial Banks (excluding RRBs), Scheduled Urban Co-operative Banks and Standalone Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 8.00 per cent to 7.75 per cent with immediate effect. 2. Conseque
Jan 15, 2015
Marginal Standing Facility
RBI/2014-2015/404 FMOD.MAOG.No.105/01.18.001/2014-15 January 15, 2015 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Marginal Standing Facility As announced by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 8.00 per cent to 7.75 per cent with immediate effect. 2. Consequent to the change in the Repo rate, the Marginal Standing Facility (MSF) rate will stand adjusted to 8.
RBI/2014-2015/404 FMOD.MAOG.No.105/01.18.001/2014-15 January 15, 2015 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Marginal Standing Facility As announced by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 8.00 per cent to 7.75 per cent with immediate effect. 2. Consequent to the change in the Repo rate, the Marginal Standing Facility (MSF) rate will stand adjusted to 8.
Jan 14, 2015
Risk Management and Inter Bank Dealings: Hedging under Past Performance Route- Liberalisation of Documentation Requirements in the OTC market
RBI/2014-15/401 A.P. (DIR Series) Circular No.58 January 14, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Risk Management and Inter Bank Dealings: Hedging under Past Performance Route- Liberalisation of Documentation Requirements in the OTC market Attention of Authorised Dealers Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 (Notification No. FE
RBI/2014-15/401 A.P. (DIR Series) Circular No.58 January 14, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Risk Management and Inter Bank Dealings: Hedging under Past Performance Route- Liberalisation of Documentation Requirements in the OTC market Attention of Authorised Dealers Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 (Notification No. FE
Dec 24, 2014
Secondary Market Transactions in Government Securities - Short Selling
This circular has been superseded by Short Sale (Reserve Bank) Directions, 2018 dated July 25, 2018.RBI/2014-15/365 FMRD.DIRD.02/14.03.007/2014-15 December 24, 2014 All market participants Dear Sir/Madam Secondary Market Transactions in Government Securities – Short Selling This has reference tocircular IDMD.No.03/11.01.01(B)/2005-06 dated February 28, 2006, as updated vide circulars IDMD.No/11.01.01(B)/2006-07 dated January 31, 2007, IDMD.DOD.No. 3165/ 11.01.01(B) /
This circular has been superseded by Short Sale (Reserve Bank) Directions, 2018 dated July 25, 2018.RBI/2014-15/365 FMRD.DIRD.02/14.03.007/2014-15 December 24, 2014 All market participants Dear Sir/Madam Secondary Market Transactions in Government Securities – Short Selling This has reference tocircular IDMD.No.03/11.01.01(B)/2005-06 dated February 28, 2006, as updated vide circulars IDMD.No/11.01.01(B)/2006-07 dated January 31, 2007, IDMD.DOD.No. 3165/ 11.01.01(B) /
Dec 19, 2014
F-TRAC - Counterparty Confirmation
RBI/2014-15/361 FMRD.FMID.01/14.01.02/2014-15 December 19, 2014 All RBI regulated entities Madam/Sir, F-TRAC – Counterparty Confirmation A reference is invited to RBI circular IDMD.PCD. 13 /14.01.02/2013-14 dated June 25, 2014 regarding reporting of OTC trades in Commercial Papers (CPs) and Certificate of Deposits (CDs); and OTC repo trades in corporate debt securities, CPs, CDs and non-convertible debentures (NCDs) of original maturity less than one year on F-TRAC -
RBI/2014-15/361 FMRD.FMID.01/14.01.02/2014-15 December 19, 2014 All RBI regulated entities Madam/Sir, F-TRAC – Counterparty Confirmation A reference is invited to RBI circular IDMD.PCD. 13 /14.01.02/2013-14 dated June 25, 2014 regarding reporting of OTC trades in Commercial Papers (CPs) and Certificate of Deposits (CDs); and OTC repo trades in corporate debt securities, CPs, CDs and non-convertible debentures (NCDs) of original maturity less than one year on F-TRAC -
Sep 30, 2014
Secondary market transactions in Government Securities - Short Selling
This circular has been superseded by Short Sale (Reserve Bank) Directions, 2018 dated July 25, 2018.RBI/2014-15/251IDMD.PCD.06/14.03.07/2014-15 September 30, 2014 All market participants Dear Sir/Madam Secondary market transactions in Government Securities - Short Selling This has reference to circular IDMD.No.03/11.01.01(B)/2005-06 dated February 28, 2006 and updated vide circulars IDMD.No/11.01.01(B)/2006-07 dated January 31, 2007, IDMD.DOD.No. 3165/ 11.01.01(B) / 2
This circular has been superseded by Short Sale (Reserve Bank) Directions, 2018 dated July 25, 2018.RBI/2014-15/251IDMD.PCD.06/14.03.07/2014-15 September 30, 2014 All market participants Dear Sir/Madam Secondary market transactions in Government Securities - Short Selling This has reference to circular IDMD.No.03/11.01.01(B)/2005-06 dated February 28, 2006 and updated vide circulars IDMD.No/11.01.01(B)/2006-07 dated January 31, 2007, IDMD.DOD.No. 3165/ 11.01.01(B) / 2
Jun 25, 2014
Reporting of OTC transactions on F-TRAC-Hiving off to CDSIL
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2013-14/659 IDMD.PCD. 13 /14.01.02/2013-14 June 25, 2014 All Market Participants Madam/Sir, Reporting of OTC transactions on F-TRAC-Hiving off to CDSIL Reference is invited to paragraph 2 of the circular IDMD.DOD. 11/11.08.36/2009-10 dated June 30, 2010 and paragraph 7 of the circular IDMD.DOD. 05/11.08.38/2009-10 dated January 8, 2010 on reporti
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2013-14/659 IDMD.PCD. 13 /14.01.02/2013-14 June 25, 2014 All Market Participants Madam/Sir, Reporting of OTC transactions on F-TRAC-Hiving off to CDSIL Reference is invited to paragraph 2 of the circular IDMD.DOD. 11/11.08.36/2009-10 dated June 30, 2010 and paragraph 7 of the circular IDMD.DOD. 05/11.08.38/2009-10 dated January 8, 2010 on reporti
Jun 04, 2014
Special Term Repo Auction
RBI/2013-14/627 FMD.MOAG. No. 103/01.01.009/2013-14 June 4, 2014 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Special Term Repo Auction As announced yesterday in the Second Bi-Monthly Monetary Policy Statement for 2014-15, it has been decided to introduce special term repo auctions of 28-day tenor for a notified amount up to 0.25 per cent of net demand and time liabilities (NDTL) of the banking system. The 28-day special term repo auction will usually
RBI/2013-14/627 FMD.MOAG. No. 103/01.01.009/2013-14 June 4, 2014 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Special Term Repo Auction As announced yesterday in the Second Bi-Monthly Monetary Policy Statement for 2014-15, it has been decided to introduce special term repo auctions of 28-day tenor for a notified amount up to 0.25 per cent of net demand and time liabilities (NDTL) of the banking system. The 28-day special term repo auction will usually
Apr 16, 2014
Financial Benchmarks- Governance Framework for Benchmark Submitters
RBI/2013-2014/565 FMD.MSRG.No.102/02.18.002/2013-14 April 16, 2014 All Scheduled Commercial Banks and Primary Dealers Dear Sir/ Madam, Financial Benchmarks- Governance Framework for Benchmark Submitters As you are aware, the Committee on Financial Benchmarks (Chairman: Shri P. Vijaya Bhaskar, Executive Director) had submitted its Report on February 7, 2014 recommending several measures/principles to be adopted in respect of major Indian Rupee interest rate and Foreign
RBI/2013-2014/565 FMD.MSRG.No.102/02.18.002/2013-14 April 16, 2014 All Scheduled Commercial Banks and Primary Dealers Dear Sir/ Madam, Financial Benchmarks- Governance Framework for Benchmark Submitters As you are aware, the Committee on Financial Benchmarks (Chairman: Shri P. Vijaya Bhaskar, Executive Director) had submitted its Report on February 7, 2014 recommending several measures/principles to be adopted in respect of major Indian Rupee interest rate and Foreign
Apr 01, 2014
Liquidity Adjustment Facility
RBI/2013-2014/549 FMD.MOAG. No. 100/01.01.001/2013-14 April 1, 2014 All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers Madam / Sir, Liquidity Adjustment Facility As announced today in the First Bi-monthly Monetary Policy Statement 2014-15, it has been decided to decrease the quantum of liquidity provided under overnight repos under the Liquidity Adjustment Facility (LAF) from 0.5 per cent of bank-wise NDTL to 0.25 per cent with immediate ef
RBI/2013-2014/549 FMD.MOAG. No. 100/01.01.001/2013-14 April 1, 2014 All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers Madam / Sir, Liquidity Adjustment Facility As announced today in the First Bi-monthly Monetary Policy Statement 2014-15, it has been decided to decrease the quantum of liquidity provided under overnight repos under the Liquidity Adjustment Facility (LAF) from 0.5 per cent of bank-wise NDTL to 0.25 per cent with immediate ef
Apr 01, 2014
Term Repo under Liquidity Adjustment Facility
RBI/2013-2014/550 FMD.MOAG. No.101/01.01.009/2013-14 April 01, 2014 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Term Repo under Liquidity Adjustment Facility As announced today in the First Bi-monthly Monetary Policy Statement 2014-15, it has been decided to increase the quantum of liquidity provided under 7-day and 14-day term repos from 0.5 per cent of net demand and time liabilities (NDTL) of the banking system to 0.75 per cent with immediate effec
RBI/2013-2014/550 FMD.MOAG. No.101/01.01.009/2013-14 April 01, 2014 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Term Repo under Liquidity Adjustment Facility As announced today in the First Bi-monthly Monetary Policy Statement 2014-15, it has been decided to increase the quantum of liquidity provided under 7-day and 14-day term repos from 0.5 per cent of net demand and time liabilities (NDTL) of the banking system to 0.75 per cent with immediate effec
Mar 25, 2014
Reporting of OTC Interest Rate Derivatives - Client Level Transactions
RBI/2013-14/532 FMD.MSRG.No.99/02.05.002/2013-14 March 25, 2014 All Scheduled Commercial Banks (excluding RRBs and LABs) and Primary Dealers Dear Sir/ Madam, Reporting of OTC Interest Rate Derivatives – Client Level Transactions Please refer to our circular FMD.MSRG.No.94/02.05.002/2013-14 dated December 04, 2013 wherein it was advised that the existing reporting arrangement for the client level Rupee Interest Rate Swap (IRS)/Forward Rate Agreement (FRA) transactions
RBI/2013-14/532 FMD.MSRG.No.99/02.05.002/2013-14 March 25, 2014 All Scheduled Commercial Banks (excluding RRBs and LABs) and Primary Dealers Dear Sir/ Madam, Reporting of OTC Interest Rate Derivatives – Client Level Transactions Please refer to our circular FMD.MSRG.No.94/02.05.002/2013-14 dated December 04, 2013 wherein it was advised that the existing reporting arrangement for the client level Rupee Interest Rate Swap (IRS)/Forward Rate Agreement (FRA) transactions
Feb 26, 2014
Call/Notice Money Market Operations
RBI/2013-14/504 IDMD/PCD/No. 11/14.01.01/2013-14 February 26, 2014 The Chairmen/ Chief Executives of all Scheduled Commercial Banks (excluding RRBs) / Co-operative Banks / Primary Dealers Dear Sir/Madam, Call/Notice Money Market Operations It has been decided to dispense with the extant practice of Banks/ PDs/ Co-operative banks approaching RBI for fixing of prudential limits for transactions in Call / Notice Money Market. Banks/PDs/ Co-operative banks may, with the a
RBI/2013-14/504 IDMD/PCD/No. 11/14.01.01/2013-14 February 26, 2014 The Chairmen/ Chief Executives of all Scheduled Commercial Banks (excluding RRBs) / Co-operative Banks / Primary Dealers Dear Sir/Madam, Call/Notice Money Market Operations It has been decided to dispense with the extant practice of Banks/ PDs/ Co-operative banks approaching RBI for fixing of prudential limits for transactions in Call / Notice Money Market. Banks/PDs/ Co-operative banks may, with the a
Feb 24, 2014
FIMMDA’s Trade Reporting and Confirmation platform for OTC transactions in Corporate Bonds and Securitized Debt Instruments
RBI/2013-14/500 IDMD.PCD. 10/14.03.06/2013-14 February 24, 2014 To All RBI Regulated Entities Dear Sir/Madam FIMMDA’s Trade Reporting and Confirmation platform for OTC transactions in Corporate Bonds and Securitized Debt Instruments Please refer to our circulars IDMD. 530/03.64.00/2007-08 dated July 31, 2007 and IDMD.PCD. 06/14.03.06/2013-14 dated August 26, 2013 on the captioned subject. Currently, the OTC trades in Corporate Bonds and Securitized Debt Instruments ar
RBI/2013-14/500 IDMD.PCD. 10/14.03.06/2013-14 February 24, 2014 To All RBI Regulated Entities Dear Sir/Madam FIMMDA’s Trade Reporting and Confirmation platform for OTC transactions in Corporate Bonds and Securitized Debt Instruments Please refer to our circulars IDMD. 530/03.64.00/2007-08 dated July 31, 2007 and IDMD.PCD. 06/14.03.06/2013-14 dated August 26, 2013 on the captioned subject. Currently, the OTC trades in Corporate Bonds and Securitized Debt Instruments ar
Feb 13, 2014
Term Repo under Liquidity Adjustment Facility- Operational Guidelines
RBI/2013-14/491 FMD.MOAG.No.98/01.01.009/2013-14 February 13, 2014 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Term Repo under Liquidity Adjustment Facility - Operational Guidelines Please refer to our circular FMD.MOAG. No. 92/01.01.009/2013-14 dated October 29, 2013 on the captioned subject. Taking into account the requests received from the market participants, it has been decided to revise the timings of the Term Repo auctions from 2.30-3.00 PM to
RBI/2013-14/491 FMD.MOAG.No.98/01.01.009/2013-14 February 13, 2014 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Term Repo under Liquidity Adjustment Facility - Operational Guidelines Please refer to our circular FMD.MOAG. No. 92/01.01.009/2013-14 dated October 29, 2013 on the captioned subject. Taking into account the requests received from the market participants, it has been decided to revise the timings of the Term Repo auctions from 2.30-3.00 PM to
Jan 28, 2014
Liquidity Adjustment Facility - Repo and Reverse Repo
RBI/2013-2014/470 FMD.MOAG. No. 96 /01.01.001/2013-14 January 28, 2014 All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers Madam / Sir, Liquidity Adjustment Facility – Repo and Reverse Repo As announced today in the Third Quarter Review of the Monetary Policy 2013-14, it has been decided to increase the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.75 per cent to 8.00 per cent with immediate effect. 2. Con
RBI/2013-2014/470 FMD.MOAG. No. 96 /01.01.001/2013-14 January 28, 2014 All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers Madam / Sir, Liquidity Adjustment Facility – Repo and Reverse Repo As announced today in the Third Quarter Review of the Monetary Policy 2013-14, it has been decided to increase the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.75 per cent to 8.00 per cent with immediate effect. 2. Con
Jan 28, 2014
Marginal Standing Facility
RBI/2013-2014/471 FMD.MOAG. No. 97 /01.18.001/2013-14 January 28, 2014 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility As announced today in the Third Quarter Review of the Monetary Policy 2013-14, it has been decided to increase the Marginal Standing Facility (MSF) rate by 25 basis points from 8.75 percent to 9.00 per cent with immediate effect. 2. All other terms and conditions of the current MSF Scheme will remain unchanged.
RBI/2013-2014/471 FMD.MOAG. No. 97 /01.18.001/2013-14 January 28, 2014 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility As announced today in the Third Quarter Review of the Monetary Policy 2013-14, it has been decided to increase the Marginal Standing Facility (MSF) rate by 25 basis points from 8.75 percent to 9.00 per cent with immediate effect. 2. All other terms and conditions of the current MSF Scheme will remain unchanged.
Jan 17, 2014
Liquidity Adjustment Facility- Reverse Repo
RBI/2013-14/451 FMD.MOAG. No.95/01.01.001/2013-14 January 17, 2014 All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers Madam / Sir, Liquidity Adjustment Facility- Reverse Repo Based on the feedback received from the market participants, it has been decided to revise the timings of Reverse Repo window under Liquidity Adjustment Facility (LAF). The Reverse Repo window will now be available between 7.00 pm and 7.30 pm instead of the existing ti
RBI/2013-14/451 FMD.MOAG. No.95/01.01.001/2013-14 January 17, 2014 All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers Madam / Sir, Liquidity Adjustment Facility- Reverse Repo Based on the feedback received from the market participants, it has been decided to revise the timings of Reverse Repo window under Liquidity Adjustment Facility (LAF). The Reverse Repo window will now be available between 7.00 pm and 7.30 pm instead of the existing ti
Dec 19, 2013
Participation in Exchange Traded Interest Rate Futures
RBI/2013-14/410 IDMD.PCD.09/14.03.01/2013-14 December 19, 2013 The Chairmen/Chief Executive Officers All Commercial Banks (excluding RRBs and LABs) and Stand Alone Primary Dealers Dear Sir/Madam, Participation in Exchange Traded Interest Rate Futures Directions on cash settled Interest Rate Futures (IRF) on 10-year Government of India security were issued vide notification IDMD.PCD.07/ED (RG) - 2013 dated December 5, 2013. These directions were issued superceding the
RBI/2013-14/410 IDMD.PCD.09/14.03.01/2013-14 December 19, 2013 The Chairmen/Chief Executive Officers All Commercial Banks (excluding RRBs and LABs) and Stand Alone Primary Dealers Dear Sir/Madam, Participation in Exchange Traded Interest Rate Futures Directions on cash settled Interest Rate Futures (IRF) on 10-year Government of India security were issued vide notification IDMD.PCD.07/ED (RG) - 2013 dated December 5, 2013. These directions were issued superceding the
Dec 05, 2013
Exchange-Traded Interest Rate Futures
RBI/2013-14/402 IDMD.PCD. 08/14.03.01/2013-14 December 5, 2013 To All market participants Dear Sir/Madam Exchange-Traded Interest Rate Futures As announced in the Second Quarter Review of Monetary Policy 2013-14, it has been decided to introduce cash settled Interest Rate Futures (IRF) on 10-year Government of India security. 2. The Reserve Bank of India has accordingly issued a Notification IDMD.PCD.07 /ED (RG) - 2013 dated December 5, 2013 introducing cash settled I
RBI/2013-14/402 IDMD.PCD. 08/14.03.01/2013-14 December 5, 2013 To All market participants Dear Sir/Madam Exchange-Traded Interest Rate Futures As announced in the Second Quarter Review of Monetary Policy 2013-14, it has been decided to introduce cash settled Interest Rate Futures (IRF) on 10-year Government of India security. 2. The Reserve Bank of India has accordingly issued a Notification IDMD.PCD.07 /ED (RG) - 2013 dated December 5, 2013 introducing cash settled I
Dec 04, 2013
Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives
RBI/2013-14/400 FMD.MSRG.No.94/02.05.002/2013-14 @@NBSP@@December 4, 2013 All Category-I Authorised Dealer Banks and Primary Dealers Madam/Sir, Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives Please refer to our circular FMD.MSRG.No.67/02.05.002/2011-12 dated March 9, 2012 on the captioned subject, wherein we had advised, inter alia, that all/selective trades in OTC foreign exchange and interest rate derivatives between the Category-I AD bank
RBI/2013-14/400 FMD.MSRG.No.94/02.05.002/2013-14 @@NBSP@@December 4, 2013 All Category-I Authorised Dealer Banks and Primary Dealers Madam/Sir, Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives Please refer to our circular FMD.MSRG.No.67/02.05.002/2011-12 dated March 9, 2012 on the captioned subject, wherein we had advised, inter alia, that all/selective trades in OTC foreign exchange and interest rate derivatives between the Category-I AD bank
Oct 31, 2013
Marginal Standing Facility-Revision in timings
RBI/2013-14/351 FMD.MOAG. No. 93/01.18.001/2013-14 October 31, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility-Revision in timings As announced in the Second Quarter Review of the Monetary Policy 2013-14 on October 29, 2013, it has been decided to revise the timings of Marginal Standing Facility (MSF). The MSF will now be available between 7.00 pm and 7.30 pm instead of the existing timings of 4.45 pm to 5.15 pm. The change
RBI/2013-14/351 FMD.MOAG. No. 93/01.18.001/2013-14 October 31, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility-Revision in timings As announced in the Second Quarter Review of the Monetary Policy 2013-14 on October 29, 2013, it has been decided to revise the timings of Marginal Standing Facility (MSF). The MSF will now be available between 7.00 pm and 7.30 pm instead of the existing timings of 4.45 pm to 5.15 pm. The change
Oct 29, 2013
Term Repo under Liquidity Adjustment Facility
RBI/2013-14/341 FMD.MOAG. No. 92 /01.01.009/2013-14 October 29, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Term Repo under Liquidity Adjustment Facility As announced today in the Second Quarter Review of Monetary Policy 2013-14, it has been decided to increase the quantum of liquidity to be provided through term repos of 7-day and 14-day tenor from the existing 0.25 per cent to 0.50 per cent of net demand and time liabilities (NDTL) of the banki
RBI/2013-14/341 FMD.MOAG. No. 92 /01.01.009/2013-14 October 29, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Term Repo under Liquidity Adjustment Facility As announced today in the Second Quarter Review of Monetary Policy 2013-14, it has been decided to increase the quantum of liquidity to be provided through term repos of 7-day and 14-day tenor from the existing 0.25 per cent to 0.50 per cent of net demand and time liabilities (NDTL) of the banki
Oct 29, 2013
Marginal Standing Facility Rates
RBI/2013-14/340 FMD.MOAG. No. 91/01.18.001/2013-14 October 29, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility Rates As announced today in the Second Quarter Review of the Monetary Policy 2013-14, it has been decided to reduce the Marginal Standing Facility (MSF) rate by 25 basis points from 9.00 percent to 8.75 per cent with immediate effect. 2. Consequent to this change, Marginal Standing Facility (MSF) rate is recalibrat
RBI/2013-14/340 FMD.MOAG. No. 91/01.18.001/2013-14 October 29, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility Rates As announced today in the Second Quarter Review of the Monetary Policy 2013-14, it has been decided to reduce the Marginal Standing Facility (MSF) rate by 25 basis points from 9.00 percent to 8.75 per cent with immediate effect. 2. Consequent to this change, Marginal Standing Facility (MSF) rate is recalibrat
Oct 29, 2013
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2013-14/339 FMD.MOAG. No. 90/01.01.001/2013-14 October 29, 2013 All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers Madam / Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Second Quarter Review of the Monetary Policy 2013-14, it has been decided to increase the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.50 per cent to 7.75 per cent with immediate effect. 2.
RBI/2013-14/339 FMD.MOAG. No. 90/01.01.001/2013-14 October 29, 2013 All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers Madam / Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Second Quarter Review of the Monetary Policy 2013-14, it has been decided to increase the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.50 per cent to 7.75 per cent with immediate effect. 2.
Oct 08, 2013
Term Repo under Liquidity Adjustment Facility
RBI/2013-14/319 FMD.MOAG. No. 89 /01.01.009/2013-14 October 08, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Term Repo under Liquidity Adjustment Facility As announced yesterday, it has been decided to conduct auctions for term repos of 7-day and 14-day tenor for a notified amount equivalent to 0.25 per cent of net demand and time liabilities (NDTL) of the banking system through variable rate auction mechanism. The first term repo auction with a t
RBI/2013-14/319 FMD.MOAG. No. 89 /01.01.009/2013-14 October 08, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Term Repo under Liquidity Adjustment Facility As announced yesterday, it has been decided to conduct auctions for term repos of 7-day and 14-day tenor for a notified amount equivalent to 0.25 per cent of net demand and time liabilities (NDTL) of the banking system through variable rate auction mechanism. The first term repo auction with a t
Oct 07, 2013
Marginal Standing Facility
RBI/2013-2014/314 FMD.MOAG. No.88/01.18.001/2013-14 October 07, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility As announced today, it has been decided to reduce the Marginal Standing Facility (MSF) rate by 50 basis points from 9.50 per cent to 9.00 per cent with immediate effect. 2. All other terms and conditions of the current MSF scheme will remain unchanged. 3. Please acknowledge receipt. Yours sincerely (G. Mahalingam)
RBI/2013-2014/314 FMD.MOAG. No.88/01.18.001/2013-14 October 07, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility As announced today, it has been decided to reduce the Marginal Standing Facility (MSF) rate by 50 basis points from 9.50 per cent to 9.00 per cent with immediate effect. 2. All other terms and conditions of the current MSF scheme will remain unchanged. 3. Please acknowledge receipt. Yours sincerely (G. Mahalingam)
Sep 20, 2013
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2013-2014/278 FMD.MOAG. No. 86/01.01.001/2013-14 September 20, 2013 All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers Madam / Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Mid-Quarter Review of the Monetary Policy 2013-14, it has been decided to increase the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.25 per cent to 7.50 per cent with immediate effect. 2
RBI/2013-2014/278 FMD.MOAG. No. 86/01.01.001/2013-14 September 20, 2013 All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers Madam / Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Mid-Quarter Review of the Monetary Policy 2013-14, it has been decided to increase the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.25 per cent to 7.50 per cent with immediate effect. 2
Sep 20, 2013
Marginal Standing Facility Rates
RBI/2013-2014/277 FMD.MOAG. No. 87/01.18.001/2013-14 September 20, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility Rates As announced today in the Mid-Quarter Review of the Monetary Policy 2013-14, it has been decided to reduce the Marginal Standing Facility (MSF) rate by 75 basis points from 10.25 percent to 9.50 per cent with immediate effect. 2. Consequent to this change, Marginal Standing Facility (MSF) rate is recalibr
RBI/2013-2014/277 FMD.MOAG. No. 87/01.18.001/2013-14 September 20, 2013 All Scheduled Commercial Banks (excluding RRBs) Madam / Sir, Marginal Standing Facility Rates As announced today in the Mid-Quarter Review of the Monetary Policy 2013-14, it has been decided to reduce the Marginal Standing Facility (MSF) rate by 75 basis points from 10.25 percent to 9.50 per cent with immediate effect. 2. Consequent to this change, Marginal Standing Facility (MSF) rate is recalibr
Sep 19, 2013
Swap Window for Attracting FCNR (B) Dollar Funds
RBI/2013-14/273 FMD.MOAG. No. 85/01.06.016/2013-14 September 19, 2013 To All Scheduled Banks [excluding Regional Rural Banks (RRBs)] Dear Sir/ Madam, Swap Window for Attracting FCNR (B) Dollar Funds Please refer to our circular FMD.MAOG.No.84/01.06.016/2013-14 dated September 6, 2013 on the captioned subject. 2. Banks have raised various queries relating to the operationalisation of the captioned swap window. These queries along with the answers/ clarifications are pu
RBI/2013-14/273 FMD.MOAG. No. 85/01.06.016/2013-14 September 19, 2013 To All Scheduled Banks [excluding Regional Rural Banks (RRBs)] Dear Sir/ Madam, Swap Window for Attracting FCNR (B) Dollar Funds Please refer to our circular FMD.MAOG.No.84/01.06.016/2013-14 dated September 6, 2013 on the captioned subject. 2. Banks have raised various queries relating to the operationalisation of the captioned swap window. These queries along with the answers/ clarifications are pu
Sep 06, 2013
Swap Window for Attracting FCNR (B) Dollar Funds
RBI/2013-2014/234 FMD.MOAG. No.84 /01.06.016/2013-14 September 6, 2013 To All Scheduled Banks [excluding Regional Rural Banks (RRBs)] Dear Sir/ Madam, Swap Window for Attracting FCNR (B) Dollar Funds Please refer to the RBI Press Release 2013-2014/494 dated September 04, 2013 on the captioned subject. 2. It has been decided to introduce a US Dollar-Rupee swap window for fresh FCNR (B) dollar funds, mobilised for a minimum tenor of three years and over. 3. The salient
RBI/2013-2014/234 FMD.MOAG. No.84 /01.06.016/2013-14 September 6, 2013 To All Scheduled Banks [excluding Regional Rural Banks (RRBs)] Dear Sir/ Madam, Swap Window for Attracting FCNR (B) Dollar Funds Please refer to the RBI Press Release 2013-2014/494 dated September 04, 2013 on the captioned subject. 2. It has been decided to introduce a US Dollar-Rupee swap window for fresh FCNR (B) dollar funds, mobilised for a minimum tenor of three years and over. 3. The salient
Aug 26, 2013
Reporting of OTC transactions in Securitized Debt Instruments
RBI/2013-14/201 IDMD.PCD. 06 /14.03.06/ 2013-14 August 26, 2013 To All RBI regulated entities Dear Sir/Madam Reporting of OTC transactions in Securitized Debt Instruments As a measure to develop the securitized debt market and improve transparency, the reporting of Over The Counter (OTC) transactions in Securitized Debt Instruments has been enabled in Fixed Income Money Market and Derivatives Association of India (FIMMDA) reporting platform. 2. All entities regulated
RBI/2013-14/201 IDMD.PCD. 06 /14.03.06/ 2013-14 August 26, 2013 To All RBI regulated entities Dear Sir/Madam Reporting of OTC transactions in Securitized Debt Instruments As a measure to develop the securitized debt market and improve transparency, the reporting of Over The Counter (OTC) transactions in Securitized Debt Instruments has been enabled in Fixed Income Money Market and Derivatives Association of India (FIMMDA) reporting platform. 2. All entities regulated
Jul 23, 2013
Liquidity Adjustment Facility - Standalone Primary Dealers
RBI/2013-14/153 FMD.MOAG. No. 83/01.01.001/2013-14 July 23, 2013 All Standalone Primary Dealers Dear Sir, Liquidity Adjustment Facility As you are aware, Reserve Bank of India announced additional measures today to address the exchange rate volatility. As a part of these measures, it has been decided that the total amount of funds available to a standalone Primary Dealer (PD) under Liquidity Adjustment Facility (LAF) will be capped at 100 per cent of the individual PD
RBI/2013-14/153 FMD.MOAG. No. 83/01.01.001/2013-14 July 23, 2013 All Standalone Primary Dealers Dear Sir, Liquidity Adjustment Facility As you are aware, Reserve Bank of India announced additional measures today to address the exchange rate volatility. As a part of these measures, it has been decided that the total amount of funds available to a standalone Primary Dealer (PD) under Liquidity Adjustment Facility (LAF) will be capped at 100 per cent of the individual PD
Jul 23, 2013
Liquidity Adjustment Facility
RBI/2013-2014/152 FMD.MOAG. No.82/01.01.001/2013-14 July 23, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Liquidity Adjustment Facility As you are aware, Reserve Bank of India announced additional measures today to address exchange market volatility. As part of these measures, it has been decided that the total quantum of funds available to a bank under Liquidity Adjustment Facility (LAF) will be capped at 0.50 percent of the individual bank’s Net De
RBI/2013-2014/152 FMD.MOAG. No.82/01.01.001/2013-14 July 23, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Liquidity Adjustment Facility As you are aware, Reserve Bank of India announced additional measures today to address exchange market volatility. As part of these measures, it has been decided that the total quantum of funds available to a bank under Liquidity Adjustment Facility (LAF) will be capped at 0.50 percent of the individual bank’s Net De
Jul 17, 2013
Special Repo Window for Liquidity Requirement of Mutual Funds
RBI/2013-14/143 FMD.MOAG.No. 81/01.01.001/2013-14 July 17, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Special Repo Window for Liquidity Requirement of Mutual Funds As announced today, Reserve Bank of India will be opening a Special Repo window for a notified amount of Rs. 25,000 crore with a view to enabling banks to meet the liquidity requirement of mutual funds. 2. The special repo window will be in addition to the repo/reverse repo auctions cond
RBI/2013-14/143 FMD.MOAG.No. 81/01.01.001/2013-14 July 17, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Special Repo Window for Liquidity Requirement of Mutual Funds As announced today, Reserve Bank of India will be opening a Special Repo window for a notified amount of Rs. 25,000 crore with a view to enabling banks to meet the liquidity requirement of mutual funds. 2. The special repo window will be in addition to the repo/reverse repo auctions cond
Jul 16, 2013
Liquidity Adjustment Facility
RBI/2013-14/142 FMD.MOAG. No. 80/01.01.001/2013-14 July 16, 2013 All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers Dear Sir, Liquidity Adjustment Facility As you are aware, Reserve Bank of India announced various measures yesterday to address the exchange rate volatility. As a part of the measures, it has been decided that the overall allocation of funds under the LAF will be limited to one per cent of the Net Demand and Time Liabilities (
RBI/2013-14/142 FMD.MOAG. No. 80/01.01.001/2013-14 July 16, 2013 All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers Dear Sir, Liquidity Adjustment Facility As you are aware, Reserve Bank of India announced various measures yesterday to address the exchange rate volatility. As a part of the measures, it has been decided that the overall allocation of funds under the LAF will be limited to one per cent of the Net Demand and Time Liabilities (
Jul 16, 2013
Marginal Standing Facility Rates
RBI/2013-2014/140 FMD.MOAG. No.79 /01.01.001/2013-14 July 16, 2013 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Marginal Standing Facility Rates As you are aware, Reserve Bank of India announced various measures yesterday to address the exchange rate volatility. As a part of the measures, it has been decided to recalibrate the Marginal Standing Facility (MSF) rate at 300 basis points above the policy Repo rate under the Liquidity Adjus
RBI/2013-2014/140 FMD.MOAG. No.79 /01.01.001/2013-14 July 16, 2013 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Marginal Standing Facility Rates As you are aware, Reserve Bank of India announced various measures yesterday to address the exchange rate volatility. As a part of the measures, it has been decided to recalibrate the Marginal Standing Facility (MSF) rate at 300 basis points above the policy Repo rate under the Liquidity Adjus
Jun 26, 2013
Settlement of OTC transactions in Certificates of Deposit (CDs) and Commercial Papers (CPs)
RBI/2012-13/551 IDMD.PCD. 12/14.03.02/2012-13 June 26, 2013 To All Market Participants Dear Sir/Madam, Settlement of OTC transactions in Certificates of Deposit (CDs) and Commercial Papers (CPs) Please refer to our Notification IDMD.PCD.No.20/14.01.02/2011-12 dated March 05, 2012 on the captioned subject. 2. The above directions have been reviewed and it has been decided that MCX-SX Clearing Corporation Limited is also an eligible entity for clearing and settlement of
RBI/2012-13/551 IDMD.PCD. 12/14.03.02/2012-13 June 26, 2013 To All Market Participants Dear Sir/Madam, Settlement of OTC transactions in Certificates of Deposit (CDs) and Commercial Papers (CPs) Please refer to our Notification IDMD.PCD.No.20/14.01.02/2011-12 dated March 05, 2012 on the captioned subject. 2. The above directions have been reviewed and it has been decided that MCX-SX Clearing Corporation Limited is also an eligible entity for clearing and settlement of
Jun 26, 2013
Settlement of OTC transactions in Corporate Bonds on DvP-I basis
RBI/2012-13/550 IDMD.PCD. 11 /14.03.06/2012-13 June 26, 2013 To All Market Participants Dear Sir/Madam, Settlement of OTC transactions in Corporate Bonds on DvP-I basis Please refer to our Notification IDMD. No.1764/11.08.38/2009-10 dated October 16, 2009 on the captioned subject. 2. The above directions have been reviewed and it has been decided that MCX-SX Clearing Corporation Limited is also an eligible entity for clearing and settlement of all OTC trades in corpor
RBI/2012-13/550 IDMD.PCD. 11 /14.03.06/2012-13 June 26, 2013 To All Market Participants Dear Sir/Madam, Settlement of OTC transactions in Corporate Bonds on DvP-I basis Please refer to our Notification IDMD. No.1764/11.08.38/2009-10 dated October 16, 2009 on the captioned subject. 2. The above directions have been reviewed and it has been decided that MCX-SX Clearing Corporation Limited is also an eligible entity for clearing and settlement of all OTC trades in corpor
May 03, 2013
Liquidity Adjustment Facility - Repo and Reverse Repo and Marginal Standing Facility Rates
RBI/2012-13/486 FMD.MOAG. No. 78 /01.01.001/2012-13 May 03, 2013 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced today by the Governor in the Monetary Policy Statement for 2013-14, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.50 per cent to 7.25 per cent with immedia
RBI/2012-13/486 FMD.MOAG. No. 78 /01.01.001/2012-13 May 03, 2013 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced today by the Governor in the Monetary Policy Statement for 2013-14, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.50 per cent to 7.25 per cent with immedia
Mar 19, 2013
Liquidity Adjustment Facility and Marginal Standing Facility
RBI/2012-2013/448 FMD.MOAG No. 77 /01.01.001/2012-13 March 19, 2013 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Madam / Sir, Liquidity Adjustment Facility and Marginal Standing Facility Please refer to Reserve Bank circulars IDMD.OMO No.08/03.75.00/2004-05 dated October 27, 2004, FMD.MAOG.No.13/01.01.001/2006-07 dated March 30, 2007 and FMD.No.59/01.18.001/2010-11 dated May 9, 2011. 2. As you may be aware, the margin requirements under the Liqu
RBI/2012-2013/448 FMD.MOAG No. 77 /01.01.001/2012-13 March 19, 2013 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Madam / Sir, Liquidity Adjustment Facility and Marginal Standing Facility Please refer to Reserve Bank circulars IDMD.OMO No.08/03.75.00/2004-05 dated October 27, 2004, FMD.MAOG.No.13/01.01.001/2006-07 dated March 30, 2007 and FMD.No.59/01.18.001/2010-11 dated May 9, 2011. 2. As you may be aware, the margin requirements under the Liqu
Mar 19, 2013
Liquidity Adjustment Facility - Repo and Reverse Repo and Marginal Standing Facility Rates
RBI/2012-2013/447 FMD.MOAG. No. 76 /01.01.01/2012-13 March 19, 2013 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Madam / Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced today in the Mid-Quarter Review of the Monetary Policy 2012-13, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.75 per cent to 7.50 per cent with immed
RBI/2012-2013/447 FMD.MOAG. No. 76 /01.01.01/2012-13 March 19, 2013 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Madam / Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced today in the Mid-Quarter Review of the Monetary Policy 2012-13, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.75 per cent to 7.50 per cent with immed
Mar 13, 2013
Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives
RBI/2012-13/438 FMD.MSRG.No. 75/02.05.002/2012-13 March 13, 2013 All Category – I Authorised Dealer Banks Madam/Sir, Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives Please refer to our circular FMD.MSRG.No.67/02.05.002/2011-12 dated March 9, 2012 on the captioned subject, wherein we had advised, inter alia, that all/selective trades in OTC foreign exchange and interest rate derivatives between the Category-I Authorised Dealer Banks/market mak
RBI/2012-13/438 FMD.MSRG.No. 75/02.05.002/2012-13 March 13, 2013 All Category – I Authorised Dealer Banks Madam/Sir, Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives Please refer to our circular FMD.MSRG.No.67/02.05.002/2011-12 dated March 9, 2012 on the captioned subject, wherein we had advised, inter alia, that all/selective trades in OTC foreign exchange and interest rate derivatives between the Category-I Authorised Dealer Banks/market mak
Jan 29, 2013
Liquidity Adjustment Facility - Repo and Reverse Repo and Marginal Standing Facility Rates
RBI/2012-2013/398 FMD.MOAG. No.74/01.01.001/2012-13 January 29, 2013 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced today by the Governor in the Third Quarter Review of the Monetary Policy 2012-13, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 8.00 per cent to 7.75 per
RBI/2012-2013/398 FMD.MOAG. No.74/01.01.001/2012-13 January 29, 2013 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced today by the Governor in the Third Quarter Review of the Monetary Policy 2012-13, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 8.00 per cent to 7.75 per
Jan 28, 2013
Standardisation of Interest Rate Swap Contracts
RBI/2012-13/396 IDMD.PCD.2191/14.03.01/2012-13 January 28, 2013 All Market Participants Madam/Sir, Standardisation of Interest Rate Swap (IRS) Contracts A reference is invited to RBI circular Ref.No.MPD.BC.187/07.01.279/1999-2000 dated July 7, 1999. 2. To improve tradability and facilitate centralized clearing and settlement of IRS contracts in future, it has been decided to standardise IRS contracts. 3. The standardisation of IRS contracts shall be achieved in terms
RBI/2012-13/396 IDMD.PCD.2191/14.03.01/2012-13 January 28, 2013 All Market Participants Madam/Sir, Standardisation of Interest Rate Swap (IRS) Contracts A reference is invited to RBI circular Ref.No.MPD.BC.187/07.01.279/1999-2000 dated July 7, 1999. 2. To improve tradability and facilitate centralized clearing and settlement of IRS contracts in future, it has been decided to standardise IRS contracts. 3. The standardisation of IRS contracts shall be achieved in terms
Jan 14, 2013
Swap Facility for Expansion of Export Credit in Foreign Currency
RBI/2012-2013/378 FMD.MOAG. No.@@NBSP@@1082/01.06.016/2012-13 January 14, 2013 To All Scheduled Banks [excluding Regional Rural Banks (RRBs)] Dear Sir/ Madam, Swap Facility for Expansion of Export Credit in Foreign Currency Please refer to Reserve Bank of India (RBI) circular MPD No. 359/07.01.279/2012-13 dated January 14, 2013 on special export credit refinance facility. 2. As stated in para (1) of the circular, ibid, a US Dollar-Rupee swap facility has been introduc
RBI/2012-2013/378 FMD.MOAG. No.@@NBSP@@1082/01.06.016/2012-13 January 14, 2013 To All Scheduled Banks [excluding Regional Rural Banks (RRBs)] Dear Sir/ Madam, Swap Facility for Expansion of Export Credit in Foreign Currency Please refer to Reserve Bank of India (RBI) circular MPD No. 359/07.01.279/2012-13 dated January 14, 2013 on special export credit refinance facility. 2. As stated in para (1) of the circular, ibid, a US Dollar-Rupee swap facility has been introduc
Jan 07, 2013
Revised Guidelines on Ready Forward Contracts in Corporate Debt Securities
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2012-13/365 IDMD.PCD.09/14.03.02/2012-13 January 7, 2013 To All Market Participants Dear Sir/Madam, Revised Guidelines on Ready Forward Contracts in Corporate Debt Securities As part of the measures to develop the corporate bond market, repo transactions were permitted in corporate debt securities vide the Directions issued through the notificati
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2012-13/365 IDMD.PCD.09/14.03.02/2012-13 January 7, 2013 To All Market Participants Dear Sir/Madam, Revised Guidelines on Ready Forward Contracts in Corporate Debt Securities As part of the measures to develop the corporate bond market, repo transactions were permitted in corporate debt securities vide the Directions issued through the notificati
Jan 07, 2013
Revised Guidelines on Credit Default Swaps (CDS) for Corporate Bonds
RBI/2012-13/366 IDMD.PCD.No.10 /14.03.04/2012-13 January 7, 2013 All Market Participants Dear Sir/Madam, Revised Guidelines on Credit Default Swaps (CDS) for Corporate Bonds A reference is invited to the guidelines on CDS issued vide circular IDMD.PCD.No. 5053 /14.03.04/2010-11 dated May 23, 2011. 2. Based on the feedback received from the market and suggestions of the Technical Advisory Committee on Money, Foreign Exchange and Government Securities Markets, the exist
RBI/2012-13/366 IDMD.PCD.No.10 /14.03.04/2012-13 January 7, 2013 All Market Participants Dear Sir/Madam, Revised Guidelines on Credit Default Swaps (CDS) for Corporate Bonds A reference is invited to the guidelines on CDS issued vide circular IDMD.PCD.No. 5053 /14.03.04/2010-11 dated May 23, 2011. 2. Based on the feedback received from the market and suggestions of the Technical Advisory Committee on Money, Foreign Exchange and Government Securities Markets, the exist
Jan 01, 2013
Guidelines for Issue of Commercial Paper (CP)
RBI 2012-13/358 IDMD.PCD. 07/14.01.02/2012-13 January 1, 2013 All market participants Dear Sir/Madam, Guidelines for Issue of Commercial Paper (CP) In the light of the recent developments in the financial markets, the directions applicable to issuance of CP have been reviewed in consultation with the Technical Advisory Committee on Money, Forex and Government Securities Market. 2. A copy of the RBI Notification No IDMD.PCD. 1284 /14.01.02/2012-13 dated October 16, 201
RBI 2012-13/358 IDMD.PCD. 07/14.01.02/2012-13 January 1, 2013 All market participants Dear Sir/Madam, Guidelines for Issue of Commercial Paper (CP) In the light of the recent developments in the financial markets, the directions applicable to issuance of CP have been reviewed in consultation with the Technical Advisory Committee on Money, Forex and Government Securities Market. 2. A copy of the RBI Notification No IDMD.PCD. 1284 /14.01.02/2012-13 dated October 16, 201
Dec 06, 2012
Core Investment Companies - Overseas Investment (Reserve Bank) Directions, 2012
RBI/2012-13/314 DNBS (PD) CC.No.311/03.10.001/2012-13 December 06 , 2012 All Core Investment Companies Dear Sirs, Core Investment@@NBSP@@ Companies - Overseas Investment (Reserve Bank) Directions, 2012 Please refer to the Non-Banking Financial Companies (Opening of Branch/Subsidiary/Joint Venture/Representative Office or Undertaking Investment Abroad by NBFCs) Directions, 2011 dated June 14, 2011. The Directions have specified general and specific conditions for overs
RBI/2012-13/314 DNBS (PD) CC.No.311/03.10.001/2012-13 December 06 , 2012 All Core Investment Companies Dear Sirs, Core Investment@@NBSP@@ Companies - Overseas Investment (Reserve Bank) Directions, 2012 Please refer to the Non-Banking Financial Companies (Opening of Branch/Subsidiary/Joint Venture/Representative Office or Undertaking Investment Abroad by NBFCs) Directions, 2011 dated June 14, 2011. The Directions have specified general and specific conditions for overs
Dec 06, 2012
FIMMDA Code of Conduct for usage of Negotiated Dealing System-Order Matching and Over-The-Counter Market
RBI/2012-13/316 IDMD.DOD.No.06/10.25.66/2012-13 December 06, 2012 To All SGL/CSGL Account holders, Dear Sir/Madam, FIMMDA Code of Conduct for usage of Negotiated Dealing System-Order Matching (NDS-OM) and Over-The-Counter (OTC) Market FIMMDA in co-ordination with RBI and market participants has developed and implemented a Code of Conduct for users of NDS-OM and other systems. The same can be accessed at FIMMDA website (www.fimmda.org). 2. It has now been decided that
RBI/2012-13/316 IDMD.DOD.No.06/10.25.66/2012-13 December 06, 2012 To All SGL/CSGL Account holders, Dear Sir/Madam, FIMMDA Code of Conduct for usage of Negotiated Dealing System-Order Matching (NDS-OM) and Over-The-Counter (OTC) Market FIMMDA in co-ordination with RBI and market participants has developed and implemented a Code of Conduct for users of NDS-OM and other systems. The same can be accessed at FIMMDA website (www.fimmda.org). 2. It has now been decided that
Oct 30, 2012
Ready Forward Contracts in Corporate Debt Securities- Permitting Scheduled UCBs
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2012-13/270 IDMD.PCD. 1423/14.03.02/2012-13 October 30, 2012 To All Market Participants Ready Forward Contracts in Corporate Debt Securities - Permitting Scheduled Urban Cooperative Banks A reference is invited to our circular IDMD.DOD.05/11.08.38/2009-10 dated January 08, 2010 enclosing the Repo in Corporate Debt Securities (Reserve Bank) Direct
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2012-13/270 IDMD.PCD. 1423/14.03.02/2012-13 October 30, 2012 To All Market Participants Ready Forward Contracts in Corporate Debt Securities - Permitting Scheduled Urban Cooperative Banks A reference is invited to our circular IDMD.DOD.05/11.08.38/2009-10 dated January 08, 2010 enclosing the Repo in Corporate Debt Securities (Reserve Bank) Direct
Oct 12, 2012
Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives
RBI/2012-13/248 FMD.MSRG.No.72/02.05.002/2012-13 October 12, 2012 All Category – I Authorised Dealer Banks Madam/Sir, Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives Reserve Bank, vide it’s circular FMD.MSRG.No.67/02.05.002/2011-12 dated March 9, 2012, had advised that all inter-bank OTC foreign exchange derivatives transactions should be reported on a platform to be developed by the CCIL. The first phase of reporting covering inter-bank OTC
RBI/2012-13/248 FMD.MSRG.No.72/02.05.002/2012-13 October 12, 2012 All Category – I Authorised Dealer Banks Madam/Sir, Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives Reserve Bank, vide it’s circular FMD.MSRG.No.67/02.05.002/2011-12 dated March 9, 2012, had advised that all inter-bank OTC foreign exchange derivatives transactions should be reported on a platform to be developed by the CCIL. The first phase of reporting covering inter-bank OTC
Sep 25, 2012
Reporting of OTC Call/Notice/Term Money transactions
RBI/2012-13/221 FMD.MSRG. No.71/02.02.001/2012-13 September 25, 2012 The Chairmen/Chief Executives of All Scheduled Commercial Banks (excluding RRBs) / Co-operative Banks / Primary Dealers Dear Sir/Madam Reporting of OTC Call/Notice/Term Money transactions The Reserve Bank of India is in the process of implementing a core banking solution. With the implementation of the core banking solution, the Negotiated Dealing System (NDS) would not be available for reporting of
RBI/2012-13/221 FMD.MSRG. No.71/02.02.001/2012-13 September 25, 2012 The Chairmen/Chief Executives of All Scheduled Commercial Banks (excluding RRBs) / Co-operative Banks / Primary Dealers Dear Sir/Madam Reporting of OTC Call/Notice/Term Money transactions The Reserve Bank of India is in the process of implementing a core banking solution. With the implementation of the core banking solution, the Negotiated Dealing System (NDS) would not be available for reporting of
Jul 11, 2012
Reverse Repo Window under Liquidity Adjustment Facility and Marginal Standing Facility - Change of Timing
RBI/2012-2013/127 FMD.MOAG. No.70/01.01.01/2012-13 July 11, 2012 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Reverse Repo Window under Liquidity Adjustment Facility and Marginal Standing Facility – Change of Timing Presently, Repo auction under Liquidity Adjustment Facility (LAF) is conducted between 9.30 am and 10.30 am and the Reverse Repo auction under LAF and Marginal Standing Facility (MSF) is conducted between 4.30 pm and 5.00 p
RBI/2012-2013/127 FMD.MOAG. No.70/01.01.01/2012-13 July 11, 2012 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Reverse Repo Window under Liquidity Adjustment Facility and Marginal Standing Facility – Change of Timing Presently, Repo auction under Liquidity Adjustment Facility (LAF) is conducted between 9.30 am and 10.30 am and the Reverse Repo auction under LAF and Marginal Standing Facility (MSF) is conducted between 4.30 pm and 5.00 p
Jun 22, 2012
Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives
RBI/2011-12/616 FMD.MSRG.No.69/02.05.002/2011-12 June 22, 2012 All Category – I Authorised Dealer Banks and Primary Dealers Madam/Sir, Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives Reserve Bank, vide it’s circular No.FMD.MSRG.No.67/02.05.002/2011-12 dated March 9, 2012, had advised that all inter-bank OTC foreign exchange derivatives transactions should be reported on a platform to be developed by the CCIL. The CCIL has since completed deve
RBI/2011-12/616 FMD.MSRG.No.69/02.05.002/2011-12 June 22, 2012 All Category – I Authorised Dealer Banks and Primary Dealers Madam/Sir, Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives Reserve Bank, vide it’s circular No.FMD.MSRG.No.67/02.05.002/2011-12 dated March 9, 2012, had advised that all inter-bank OTC foreign exchange derivatives transactions should be reported on a platform to be developed by the CCIL. The CCIL has since completed deve
Jun 21, 2012
Secondary market transactions in Government Securities - Short Selling
This circular has been superseded by Short Sale (Reserve Bank) Directions, 2018 dated July 25, 2018.RBI/2011-12/615 IDMD.PCD.21/14.03.07/2011-12 June 21, 2012 All market participants Dear Sir/Madam Secondary market transactions in Government Securities - Short Selling This has reference to circular IDMD.PCD.14/14.03.07/2011-12 dated December 28, 2011 on the captioned subject. 2. As per extant guidelines, banks are permitted to undertake 'notional' short sale whereby t
This circular has been superseded by Short Sale (Reserve Bank) Directions, 2018 dated July 25, 2018.RBI/2011-12/615 IDMD.PCD.21/14.03.07/2011-12 June 21, 2012 All market participants Dear Sir/Madam Secondary market transactions in Government Securities - Short Selling This has reference to circular IDMD.PCD.14/14.03.07/2011-12 dated December 28, 2011 on the captioned subject. 2. As per extant guidelines, banks are permitted to undertake 'notional' short sale whereby t
Apr 17, 2012
Liquidity Adjustment Facility - Repo and Reverse Repo and Marginal Standing Facility Rates
RBI/2011-2012/503 FMD.MOAG. No. 68 /01.01.01/2011-12 April 17, 2012 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced today by the Governor in the Annual Monetary Policy 2012-13, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 8.50 per cent to 8.00 per cent with immediate e
RBI/2011-2012/503 FMD.MOAG. No. 68 /01.01.01/2011-12 April 17, 2012 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced today by the Governor in the Annual Monetary Policy 2012-13, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 8.50 per cent to 8.00 per cent with immediate e
Mar 09, 2012
Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives
RBI/2011-12/433 FMD.MSRG.No.67/02.05.002/2011-12 March 9, 2012 All Category – I Authorised Dealer Banks and Primary Dealers Madam/Sir, Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives As you are aware, the Reserve Bank of India has taken several steps in the past to improve the transparency of the OTC derivatives market in India. It may be recalled that in August 2007, the Bank had mandated reporting of inter-bank/PD Rupee Forward Rate Agreeme
RBI/2011-12/433 FMD.MSRG.No.67/02.05.002/2011-12 March 9, 2012 All Category – I Authorised Dealer Banks and Primary Dealers Madam/Sir, Reporting Platform for OTC Foreign Exchange and Interest Rate Derivatives As you are aware, the Reserve Bank of India has taken several steps in the past to improve the transparency of the OTC derivatives market in India. It may be recalled that in August 2007, the Bank had mandated reporting of inter-bank/PD Rupee Forward Rate Agreeme
Mar 05, 2012
Settlement of OTC transactions in Certificates of Deposit (CDs) and Commercial Papers (CPs)
RBI/2011-12/427 IDMD.PCD. 20 /14.01.02/2011-12 March 5, 2012 To All RBI-regulated Entities Dear Sir/Madam Settlement of OTC transactions in Certificates of Deposit (CDs) and Commercial Papers (CPs) In terms of circular IDMD.DOD.11/11.08.36/2009-10 dated June 30, 2010, all RBI-regulated entities are mandated to report their OTC transactions in CDs and CPs on the FIMMDA reporting platform within 15 minutes of the trade for online dissemination of market information. Suc
RBI/2011-12/427 IDMD.PCD. 20 /14.01.02/2011-12 March 5, 2012 To All RBI-regulated Entities Dear Sir/Madam Settlement of OTC transactions in Certificates of Deposit (CDs) and Commercial Papers (CPs) In terms of circular IDMD.DOD.11/11.08.36/2009-10 dated June 30, 2010, all RBI-regulated entities are mandated to report their OTC transactions in CDs and CPs on the FIMMDA reporting platform within 15 minutes of the trade for online dissemination of market information. Suc
Feb 06, 2012
Secondary market transactions in Government Securities - Short Selling
RBI/2011-12/386 IDMD.PCD. 18/14.03.07/2011-12 February 6, 2012 All market participants Dear Sir/Madam Secondary market transactions in Government Securities - Short Selling Please refer to circular IDMD.PCD.14/14.03.07/2011-12 dated December 28, 2011 on the captioned subject. 2. In this regard, the monthly report on short selling has been modified to capture the changes in the regulatory limits during the month (due to change in the outstanding amount of the G-Sec and
RBI/2011-12/386 IDMD.PCD. 18/14.03.07/2011-12 February 6, 2012 All market participants Dear Sir/Madam Secondary market transactions in Government Securities - Short Selling Please refer to circular IDMD.PCD.14/14.03.07/2011-12 dated December 28, 2011 on the captioned subject. 2. In this regard, the monthly report on short selling has been modified to capture the changes in the regulatory limits during the month (due to change in the outstanding amount of the G-Sec and
Feb 06, 2012
Transactions in Government Securities
RBI/2011-12/387 IDMD.PCD. 19 /14.03.07/2011-12 February 6, 2012 All market participants Dear Sir/Madam Transactions in Government Securities Please refer to circular IDMD.PDRS.5/10.02.01/2003-04 dated March 29, 2004 on the captioned subject. 2. In terms of para 3 and 4 of the aforementioned circular, sale of G-Sec already contracted for purchase is permitted and that the forward leg of a repo transaction is also treated as a ‘purchase’ contract. Accordingly, sale of G
RBI/2011-12/387 IDMD.PCD. 19 /14.03.07/2011-12 February 6, 2012 All market participants Dear Sir/Madam Transactions in Government Securities Please refer to circular IDMD.PDRS.5/10.02.01/2003-04 dated March 29, 2004 on the captioned subject. 2. In terms of para 3 and 4 of the aforementioned circular, sale of G-Sec already contracted for purchase is permitted and that the forward leg of a repo transaction is also treated as a ‘purchase’ contract. Accordingly, sale of G
Jan 27, 2012
Additional Repo Operations under Liquidity Adjustment Facility (LAF) on Reporting Fridays
RBI/2011-2012/370 FMD.MOAG. No. 66 /01.01.01/2011-12 January 27, 2012 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Additional Repo Operations under Liquidity Adjustment Facility (LAF) on Reporting Fridays At present, Reserve Bank of India operates Liquidity Adjustment Facility (LAF) to inject/absorb liquidity through daily Repo/Reverse Repo auctions. While the LAF Repo operations are conducted in the forenoon between 9.30 A.M. and 10.3
RBI/2011-2012/370 FMD.MOAG. No. 66 /01.01.01/2011-12 January 27, 2012 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Additional Repo Operations under Liquidity Adjustment Facility (LAF) on Reporting Fridays At present, Reserve Bank of India operates Liquidity Adjustment Facility (LAF) to inject/absorb liquidity through daily Repo/Reverse Repo auctions. While the LAF Repo operations are conducted in the forenoon between 9.30 A.M. and 10.3
Dec 30, 2011
Exchange-traded Interest Rate Futures
RBI/2011-12/329 IDMD.PCD.16 /14.03.01/2011-12 December 30, 2011 To All Market Participants Dear Sir/Madam Exchange-traded Interest Rate Futures Interest Rate Futures on 10-year notional coupon bearing Government of India (GoI) security and 91-Day Treasury Bills were introduced on August 28, 2009 and March 7, 2011 respectively. It has now been decided to introduce Interest Rate Futures (IRF) on 2-year and 5-year notional coupon bearing GoI securities in terms of Amendm
RBI/2011-12/329 IDMD.PCD.16 /14.03.01/2011-12 December 30, 2011 To All Market Participants Dear Sir/Madam Exchange-traded Interest Rate Futures Interest Rate Futures on 10-year notional coupon bearing Government of India (GoI) security and 91-Day Treasury Bills were introduced on August 28, 2009 and March 7, 2011 respectively. It has now been decided to introduce Interest Rate Futures (IRF) on 2-year and 5-year notional coupon bearing GoI securities in terms of Amendm
Dec 30, 2011
Exchange-traded Interest Rate Futures
RBI/2011-12/330 IDMD.PCD.17/14.03.01/2011-12 December 30, 2011 To All market participants Dear Sir/Madam Exchange-traded Interest Rate Futures As announced in the Annual Policy Statement for 2011-12, it has been decided to introduce Interest Rate Futures (IRF) on notional 2-year and 5-year coupon bearing Government of India securities. The 2-year and 5-year IRF contracts shall be cash-settled and the final settlement price shall be based on the yields of the basket of
RBI/2011-12/330 IDMD.PCD.17/14.03.01/2011-12 December 30, 2011 To All market participants Dear Sir/Madam Exchange-traded Interest Rate Futures As announced in the Annual Policy Statement for 2011-12, it has been decided to introduce Interest Rate Futures (IRF) on notional 2-year and 5-year coupon bearing Government of India securities. The 2-year and 5-year IRF contracts shall be cash-settled and the final settlement price shall be based on the yields of the basket of
Dec 28, 2011
Secondary market transactions in Government Securities - Short Selling
This circular has been superseded by Short Sale (Reserve Bank) Directions, 2018 dated July 25, 2018.RBI/2011-12/324 IDMD.PCD. 14 /14.03.07/2011-12 December 28, 2011 All market participants Dear Sir/Madam Secondary market transactions in Government Securities - Short Selling This has reference to circulars IDMD.03/11.01.01(B)/2005-06 dated February 28, 2006, RBI/2006-07/243 dated January 31, 2007 and IDMD.DOD.3165/ 11.01.01(B)/2007-08 dated January 01, 2008 on the capt
This circular has been superseded by Short Sale (Reserve Bank) Directions, 2018 dated July 25, 2018.RBI/2011-12/324 IDMD.PCD. 14 /14.03.07/2011-12 December 28, 2011 All market participants Dear Sir/Madam Secondary market transactions in Government Securities - Short Selling This has reference to circulars IDMD.03/11.01.01(B)/2005-06 dated February 28, 2006, RBI/2006-07/243 dated January 31, 2007 and IDMD.DOD.3165/ 11.01.01(B)/2007-08 dated January 01, 2008 on the capt
Dec 21, 2011
Marginal Standing Facility - Scheme
RBI/2011-12/308 FMD. No.65 /01.18.001/2011-12 December 21, 2011 All Scheduled Commercial Banks Dear Sir, Marginal Standing Facility - Scheme Please refer to our Circular RBI/2010-11/515 dated May 9, 2011 on the captioned subject. 2. It has been decided to permit banks to avail themselves of funds from RBI on overnight basis, under Marginal Standing Facility (MSF), against their excess SLR holdings.@@NBSP@@ Additionally, they can also avail themselves of funds, on over
RBI/2011-12/308 FMD. No.65 /01.18.001/2011-12 December 21, 2011 All Scheduled Commercial Banks Dear Sir, Marginal Standing Facility - Scheme Please refer to our Circular RBI/2010-11/515 dated May 9, 2011 on the captioned subject. 2. It has been decided to permit banks to avail themselves of funds from RBI on overnight basis, under Marginal Standing Facility (MSF), against their excess SLR holdings.@@NBSP@@ Additionally, they can also avail themselves of funds, on over
Dec 15, 2011
Risk Management and Inter Bank Dealings
RBI/2011-12/300 A.P. (DIR Series) Circular No. 58 December 15, 2011 To, All Authorised Dealer Category - I Banks Madam / Sir, Risk Management and Inter Bank Dealings Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 [Notification No.FEMA/25/RB-2000 dated May 3, 2000] and A.P.(DIR Series) Circular No.32 dated December 28, 2010, as
RBI/2011-12/300 A.P. (DIR Series) Circular No. 58 December 15, 2011 To, All Authorised Dealer Category - I Banks Madam / Sir, Risk Management and Inter Bank Dealings Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 [Notification No.FEMA/25/RB-2000 dated May 3, 2000] and A.P.(DIR Series) Circular No.32 dated December 28, 2010, as
Nov 30, 2011
Credit Default Swaps (CDS) for Corporate Bonds-Reporting Platform
RBI/2011-12/286 IDMD.PCD.2302/14.03.04/2011-12 November 30, 2011 To All Market Participants Credit Default Swaps (CDS) for Corporate Bonds-Reporting Platform A reference is invited to our circular IDMD.PCD.No. 5053 /14.03.04/2010-11 dated May 23, 2011 enclosing the Guidelines on Credit Default Swaps (CDS) for Corporate Bondswherein it was indicated that Market-makers shall report their CDS trades with both users and other market-makers on the reporting platform of CDS
RBI/2011-12/286 IDMD.PCD.2302/14.03.04/2011-12 November 30, 2011 To All Market Participants Credit Default Swaps (CDS) for Corporate Bonds-Reporting Platform A reference is invited to our circular IDMD.PCD.No. 5053 /14.03.04/2010-11 dated May 23, 2011 enclosing the Guidelines on Credit Default Swaps (CDS) for Corporate Bondswherein it was indicated that Market-makers shall report their CDS trades with both users and other market-makers on the reporting platform of CDS
Nov 18, 2011
Direct Access to Negotiated Dealing System-Order Matching (NDS-OM)
RBI/2011-12/265 IDMD.DOD.No.13 /10.25.66/2011-12 November 18, 2011 To All SGL/CSGL Account holders, Dear Sir/Madam, Direct Access to Negotiated Dealing System-Order Matching (NDS-OM) Please refer to our circular IDMD.DOD.No. 5893 /10.25.66/ 2007-08 dated May 27, 2008 on access to NDS-OM. 2. With a view to widening the secondary market in Government Securities to more number of participants, it has been decided to extend direct access to NDS-OM to licensed Urban Co-ope
RBI/2011-12/265 IDMD.DOD.No.13 /10.25.66/2011-12 November 18, 2011 To All SGL/CSGL Account holders, Dear Sir/Madam, Direct Access to Negotiated Dealing System-Order Matching (NDS-OM) Please refer to our circular IDMD.DOD.No. 5893 /10.25.66/ 2007-08 dated May 27, 2008 on access to NDS-OM. 2. With a view to widening the secondary market in Government Securities to more number of participants, it has been decided to extend direct access to NDS-OM to licensed Urban Co-ope
Oct 25, 2011
Liquidity Adjustment Facility - Repo and Reverse Repo and Marginal Standing Facility Rates
RBI/2011-2012/231 FMD.MOAG. No.64/01.01.01/2011-12 October 25, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced today by the Governor in the Second Quarter Review of the Monetary Policy 2011-12, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 8.25 per cent to 8.50 p
RBI/2011-2012/231 FMD.MOAG. No.64/01.01.01/2011-12 October 25, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced today by the Governor in the Second Quarter Review of the Monetary Policy 2011-12, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 8.25 per cent to 8.50 p
Oct 19, 2011
Credit Default Swaps - Derivative under RBI Act, 1934
RBI/2011-12/227 IDMD.PCD. 11 /14.03.04/2011-12 October 19, 2011 All market participants Dear Sir/Madam, Notification of Credit Default Swaps as a derivative under Reserve Bank of India Act, 1934 Reserve Bank of India having considered it necessary in public interest and to regulate the financial system of the country to its advantage, in exercise of powers conferred under Sections 45 U (a) and 45 V of the RBI Act, 1934 has issued notification specifying Credit Default
RBI/2011-12/227 IDMD.PCD. 11 /14.03.04/2011-12 October 19, 2011 All market participants Dear Sir/Madam, Notification of Credit Default Swaps as a derivative under Reserve Bank of India Act, 1934 Reserve Bank of India having considered it necessary in public interest and to regulate the financial system of the country to its advantage, in exercise of powers conferred under Sections 45 U (a) and 45 V of the RBI Act, 1934 has issued notification specifying Credit Default
Sep 16, 2011
Liquidity Adjustment Facility - Repo and Reverse Repo and Marginal Standing Facility Rates
RBI/2011-2012/182 FMD.MOAG. No.63/01.01.01/2011-12 September 16, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced today in the Mid-Quarter Monetary Policy Review, September 2011, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 8.00 per cent to 8.25 per cent with imm
RBI/2011-2012/182 FMD.MOAG. No.63/01.01.01/2011-12 September 16, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced today in the Mid-Quarter Monetary Policy Review, September 2011, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 8.00 per cent to 8.25 per cent with imm
Aug 23, 2011
Issuance of Non-Convertible Debentures (NCDs)-Minimum Rating of NCDs
RBI/2011-12/157 IDMD.PCD. 08/14.03.03/2011-12 August 23, 2011 All Market Participants Dear Sirs, Issuance of Non-Convertible Debentures (NCDs)-Minimum Rating of NCDs A reference is invited to the Issuance of Non-Convertible Debentures (Reserve Bank) Directions, 2010 dated June 23, 2010 issued vide circular IDMD.DOD.10/11.01.01(A)/2009-10 of same date and the amendment Directions issued on December 06, 2010 vide circular IDMD.PCD.24/14.03.03./2010-11 of same date cover
RBI/2011-12/157 IDMD.PCD. 08/14.03.03/2011-12 August 23, 2011 All Market Participants Dear Sirs, Issuance of Non-Convertible Debentures (NCDs)-Minimum Rating of NCDs A reference is invited to the Issuance of Non-Convertible Debentures (Reserve Bank) Directions, 2010 dated June 23, 2010 issued vide circular IDMD.DOD.10/11.01.01(A)/2009-10 of same date and the amendment Directions issued on December 06, 2010 vide circular IDMD.PCD.24/14.03.03./2010-11 of same date cover
Aug 09, 2011
Reverse Repo Window under Liquidity Adjustment Facility and Marginal Standing Facility - Change of Timing
RBI/2011-2012/149 FMD.MOAG. No.62/01.01.01/2011-12 August 9, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Reverse Repo Window under Liquidity Adjustment Facility and Marginal Standing Facility – Change of Timing Presently, Repo and Reverse Repo auctions under Liquidity Adjustment Facility (LAF) are conducted between 9.30 am and 10.30 am and the Marginal Standing Facility (MSF) is available between 3.30 pm and 4.30 pm on all workin
RBI/2011-2012/149 FMD.MOAG. No.62/01.01.01/2011-12 August 9, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Reverse Repo Window under Liquidity Adjustment Facility and Marginal Standing Facility – Change of Timing Presently, Repo and Reverse Repo auctions under Liquidity Adjustment Facility (LAF) are conducted between 9.30 am and 10.30 am and the Marginal Standing Facility (MSF) is available between 3.30 pm and 4.30 pm on all workin
Jul 26, 2011
Liquidity Adjustment Facility - Repo and Reverse Repo and Marginal Standing Facility Rates
RBI/2011-2012/126 FMD.MOAG. No.61/01.01.01/2011-12 July 26, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced in the First Quarter Review of Monetary Policy 2011-12, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 7.50 per cent to 8.00 per cent with immediate effect.
RBI/2011-2012/126 FMD.MOAG. No.61/01.01.01/2011-12 July 26, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced in the First Quarter Review of Monetary Policy 2011-12, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 7.50 per cent to 8.00 per cent with immediate effect.
Jul 06, 2011
Transactions in Government Securities -Extension of DvP III facility to Gilt Account Holders
RBI/2011-12/108 IDMD.PCD.06/14.03.07/2011-12 July 06, 2011 All market participants Dear Sir/Madam, Transactions in Government Securities –Extension of DvP III facility to Gilt Account Holders The settlement of trades in Government securities through CCIL was shifted from DvP II to DvP III with effect from April 02, 2004 videcircular IDMD.PDRD.05/10.02.01/2003-04 dated March 29, 2004. It was however clarified vide circular IDMD.PDRS.01/10.02.01/2004-05 dated July 23, 2
RBI/2011-12/108 IDMD.PCD.06/14.03.07/2011-12 July 06, 2011 All market participants Dear Sir/Madam, Transactions in Government Securities –Extension of DvP III facility to Gilt Account Holders The settlement of trades in Government securities through CCIL was shifted from DvP II to DvP III with effect from April 02, 2004 videcircular IDMD.PDRD.05/10.02.01/2003-04 dated March 29, 2004. It was however clarified vide circular IDMD.PDRS.01/10.02.01/2004-05 dated July 23, 2
Jun 16, 2011
LAF - Repo/Reverse Repo/Marginal Standing Facility Rates
RBI/2010-11/569 FMD.MOAG. No.60/01.01.01/2010-11 June 16, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced in the Mid-Quarter Monetary Policy Review: June 2011, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.25 per cent to 7.50 per cent with immediate effect. 2.
RBI/2010-11/569 FMD.MOAG. No.60/01.01.01/2010-11 June 16, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates As announced in the Mid-Quarter Monetary Policy Review: June 2011, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.25 per cent to 7.50 per cent with immediate effect. 2.
May 30, 2011
Guidelines for Accounting of Repo / Reverse Repo Transactions-Clarification
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2010-11/551 IDMD No./29 /11.08.043/2010-11 May 30, 2011 To All RBI regulated entities (Commercial Banks, Co-operative Banks, Primary Dealers, Financial Institutions, RRBs and NBFCs) Dear Sir/Madam, Guidelines for Accounting of Repo / Reverse Repo Transactions-Clarification Please refer to our circular RBI/2009-2010/356 IDMD/4135/11.08.043/2009-10
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2010-11/551 IDMD No./29 /11.08.043/2010-11 May 30, 2011 To All RBI regulated entities (Commercial Banks, Co-operative Banks, Primary Dealers, Financial Institutions, RRBs and NBFCs) Dear Sir/Madam, Guidelines for Accounting of Repo / Reverse Repo Transactions-Clarification Please refer to our circular RBI/2009-2010/356 IDMD/4135/11.08.043/2009-10
May 09, 2011
Marginal Standing Facility - Scheme
RBI/2010-11/515 FMD. No.59/01.18.001/2010-11 May 9, 2011 All Scheduled Commercial Banks Dear Sir, Marginal Standing Facility – Scheme As announced in the Monetary Policy for the year 2011-12, a new Marginal Standing Facility (MSF) is being introduced with effect from May 9, 2011. The Scheme will be operationalized on the lines of the existing Liquidity Adjustment Facility – Repo Scheme (LAF – Repo).@@NBSP@@ The salient features of the Scheme are as under: 1. Effective
RBI/2010-11/515 FMD. No.59/01.18.001/2010-11 May 9, 2011 All Scheduled Commercial Banks Dear Sir, Marginal Standing Facility – Scheme As announced in the Monetary Policy for the year 2011-12, a new Marginal Standing Facility (MSF) is being introduced with effect from May 9, 2011. The Scheme will be operationalized on the lines of the existing Liquidity Adjustment Facility – Repo Scheme (LAF – Repo).@@NBSP@@ The salient features of the Scheme are as under: 1. Effective
May 03, 2011
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2010-2011/501 FMD.MOAG. No.58/01.01.01/2010-11 May 3, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Annual Monetary Policy 2011-12, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 6.75 per cent to 7.25 per cent with immediate effect. 2. Further, as announced in the Policy, the
RBI/2010-2011/501 FMD.MOAG. No.58/01.01.01/2010-11 May 3, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Annual Monetary Policy 2011-12, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 6.75 per cent to 7.25 per cent with immediate effect. 2. Further, as announced in the Policy, the
May 02, 2011
Pledge of shares for business purposes
RBI/2010-11/497 A. P. (DIR Series) Circular No. 57 May 2, 2011 To All Authorised Dealer Category - I banks Madam / Sir, Pledge of shares for business purposes Under the extant FEMA regulations, powers have been delegated to the Authorised Dealer Category – I (AD Category – I) banks to convey ‘no objection’ to the resident eligible borrowers under the extant External Commercial Borrowings (ECB) guidelines for pledge of shares held by the promoters, in accordance with t
RBI/2010-11/497 A. P. (DIR Series) Circular No. 57 May 2, 2011 To All Authorised Dealer Category - I banks Madam / Sir, Pledge of shares for business purposes Under the extant FEMA regulations, powers have been delegated to the Authorised Dealer Category – I (AD Category – I) banks to convey ‘no objection’ to the resident eligible borrowers under the extant External Commercial Borrowings (ECB) guidelines for pledge of shares held by the promoters, in accordance with t
Mar 17, 2011
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2010-2011/431 FMD.MOAG. No.57/01.01.01/2010-11 March 17, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Mid-Quarter Monetary Policy Review, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.50 per cent to 6.75 per cent and the reverse repo rate by 25 basis points from 5.50 per
RBI/2010-2011/431 FMD.MOAG. No.57/01.01.01/2010-11 March 17, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Mid-Quarter Monetary Policy Review, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.50 per cent to 6.75 per cent and the reverse repo rate by 25 basis points from 5.50 per
Mar 07, 2011
Exchange-traded Interest Rate Futures
RBI/2010-11/417 IDMD.PCD. 28 /14.03.01/2010-11 March 7, 2011 To, All RBI-regulated entities Dear Sirs, Exchange-traded Interest Rate Futures It has been decided to introduce Interest Rate Futures on 91-Day Treasury Bills issued by Government of India. In this regard, Reserve Bank of India has issued an amendment direction IDMD.PCD.27/ED(HRK)-2010 dated March 7, 2011 under section 45W of the Reserve Bank of India Act, 1934, which has been placed on the Reserve Bank of
RBI/2010-11/417 IDMD.PCD. 28 /14.03.01/2010-11 March 7, 2011 To, All RBI-regulated entities Dear Sirs, Exchange-traded Interest Rate Futures It has been decided to introduce Interest Rate Futures on 91-Day Treasury Bills issued by Government of India. In this regard, Reserve Bank of India has issued an amendment direction IDMD.PCD.27/ED(HRK)-2010 dated March 7, 2011 under section 45W of the Reserve Bank of India Act, 1934, which has been placed on the Reserve Bank of
Jan 25, 2011
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2010-11/388 FMD.MOAG. No.56/01.01.01/2010-11 January 25, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Third 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 6.25 per cent to 6.50 per cent and the reverse repo rate by 25 basis points f
RBI/2010-11/388 FMD.MOAG. No.56/01.01.01/2010-11 January 25, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Third 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 6.25 per cent to 6.50 per cent and the reverse repo rate by 25 basis points f
Nov 30, 2010
Liquidity Adjustment Facility - Liquidity Easing Measure
RBI/2010-2011/291 FMD.MOAG. No. 55/01.01.01/2010-11 November 30, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Liquidity Easing Measure In continuation of our circular FMD.MAOG.No.54/01.01.01/2010-11 dated November 9, 2010, it has been decided to conduct Second Liquidity Adjustment Facility (SLAF) on a daily basis at 4.15 pm up to January 28, 2011. 2. All other terms and conditions of the current LAF
RBI/2010-2011/291 FMD.MOAG. No. 55/01.01.01/2010-11 November 30, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Liquidity Easing Measure In continuation of our circular FMD.MAOG.No.54/01.01.01/2010-11 dated November 9, 2010, it has been decided to conduct Second Liquidity Adjustment Facility (SLAF) on a daily basis at 4.15 pm up to January 28, 2011. 2. All other terms and conditions of the current LAF
Nov 09, 2010
Liquidity Adjustment Facility - Liquidity Easing Measure
RBI/2010-2011/266 FMD.MOAG. No.54/01.01.01/2010-11 November 9, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Liquidity Easing Measure In order to provide liquidity comfort and to ease the frictional liquidity pressure, it has been decided to conduct a special second LAF (SLAF) on a daily basis at 4.15 pm up to December 16, 2010 with effect from November 9, 2010. 2. All other terms and conditions of t
RBI/2010-2011/266 FMD.MOAG. No.54/01.01.01/2010-11 November 9, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Liquidity Easing Measure In order to provide liquidity comfort and to ease the frictional liquidity pressure, it has been decided to conduct a special second LAF (SLAF) on a daily basis at 4.15 pm up to December 16, 2010 with effect from November 9, 2010. 2. All other terms and conditions of t
Nov 09, 2010
Ready Forward Contracts in Corporate Debt Securities
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2010-11/268 IDMD.PCD. 22/11.08.38/2010-11 November 9, 2010 To All Market Participants Ready Forward Contracts in Corporate Debt Securities As part of the measures to develop the corporate bond market, repo transactions were permitted in corporate debt securities vide the Directions issued through the Notification No IDMD.DOD. 04/11.08.38/ 2009-10
This circular has been superseded by Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 dated July 24, 2018.RBI/2010-11/268 IDMD.PCD. 22/11.08.38/2010-11 November 9, 2010 To All Market Participants Ready Forward Contracts in Corporate Debt Securities As part of the measures to develop the corporate bond market, repo transactions were permitted in corporate debt securities vide the Directions issued through the Notification No IDMD.DOD. 04/11.08.38/ 2009-10
Nov 02, 2010
LAF - Repo and Reverse Repo Rates Increased
RBI/2010-11/256 FMD.MOAG. No.53/01.01.01/2010-11 November 2, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Second 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 6.00 per cent to 6.25 per cent and the reverse repo rate by 25 basis points
RBI/2010-11/256 FMD.MOAG. No.53/01.01.01/2010-11 November 2, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Second 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 6.00 per cent to 6.25 per cent and the reverse repo rate by 25 basis points
Nov 01, 2010
Liquidity Adjustment Facility - Liquidity Easing Measures
RBI/2010-11/254A FMD.MOAG. No.52/01.01.001/2010-11 November 1, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Liquidity Easing Measures As announced by the Reserve Bank of India on October 31, 2010, a special second LAF (SLAF) will be conducted at 4.15 pm on all days during November 1 - 4, 2010. 2. All other terms and conditions of the current LAF Scheme will remain unchanged. 3. Please acknowledge re
RBI/2010-11/254A FMD.MOAG. No.52/01.01.001/2010-11 November 1, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Liquidity Easing Measures As announced by the Reserve Bank of India on October 31, 2010, a special second LAF (SLAF) will be conducted at 4.15 pm on all days during November 1 - 4, 2010. 2. All other terms and conditions of the current LAF Scheme will remain unchanged. 3. Please acknowledge re
Oct 29, 2010
Liquidity Adjustment Facility - Liquidity Easing Measures
RBI/2010-11/250 FMD.MOAG. No.51/01.01.01/2010-11 October 29, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Liquidity Easing Measures The Liquidity Adjustment Facility (LAF) window of the Reserve Bank has been in the injection mode in the recent period. In order to provide liquidity comfort, the Reserve Bank has today announced the following temporary measures: A special second LAF (SLAF) will be cond
RBI/2010-11/250 FMD.MOAG. No.51/01.01.01/2010-11 October 29, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Liquidity Easing Measures The Liquidity Adjustment Facility (LAF) window of the Reserve Bank has been in the injection mode in the recent period. In order to provide liquidity comfort, the Reserve Bank has today announced the following temporary measures: A special second LAF (SLAF) will be cond
Oct 13, 2010
Exim Bank's Line of Credit to the Government of the Islamic Republic of Mauritania
RBI/2010-11/233 A.P. (DIR Series) Circular No. 15 October 13, 2010 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit of USD 21.80 million to the Government of the Islamic Republic of Mauritania Export-Import Bank of India (Exim Bank) has concluded an Agreement dated February 09, 2010 with the Government of the Islamic Republic of Mauritania making available to the latter, a Line of Credit (LOC) of USD 21.80 million (USD twenty one mil
RBI/2010-11/233 A.P. (DIR Series) Circular No. 15 October 13, 2010 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit of USD 21.80 million to the Government of the Islamic Republic of Mauritania Export-Import Bank of India (Exim Bank) has concluded an Agreement dated February 09, 2010 with the Government of the Islamic Republic of Mauritania making available to the latter, a Line of Credit (LOC) of USD 21.80 million (USD twenty one mil
Sep 16, 2010
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2010-2011/204 FMD.MOAG. No. 50/01.01.01/2010-11 September 16, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Mid-Quarter Policy Review, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 5.75 per cent to 6.00 per cent and the reverse repo rate by 50 basis points from 4.50 per cent
RBI/2010-2011/204 FMD.MOAG. No. 50/01.01.01/2010-11 September 16, 2010 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced today in the Mid-Quarter Policy Review, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 5.75 per cent to 6.00 per cent and the reverse repo rate by 50 basis points from 4.50 per cent
Jul 29, 2010
Reporting of Issuance of Non Convertible Debentures (This circular has been superseded by
Master Direction – Reserve Bank of India (Commercial Paper and Non-Convertible Debentures of original or initial maturity upto one year) Directions, 2024 dated January 03, 2024)
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/2010-11/146 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
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