RBI/2012-13/100 IDMD.PCD. 05/14.01.03/2012-13 July 2, 2012 The Chairmen / Chief Executives of All Scheduled Banks (excluding RRBs and LABs), Primary Dealers (PDs) and All-India Term Lending and Refinancing Institutions Dear Sir/Madam, Master Circular - Guidelines for Issue of Certificates of Deposit With a view to further widening the range of money market instruments and giving investors greater flexibility in deployment of their short-term surplus funds, Certificate

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/2011-2012/503 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/2011-12/433 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/2011-2012/370 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/2011-12/308 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/2011-12/300 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/2011-2012/231 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/2011-2012/182 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/2011-2012/149 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