{"id":19875,"date":"2020-09-05T14:06:59","date_gmt":"2020-09-05T14:06:59","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=19875"},"modified":"2020-09-05T14:06:59","modified_gmt":"2020-09-05T14:06:59","slug":"reserve-bank-of-india-press-releases-175","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=19875","title":{"rendered":"Reserve Bank of India &#8211; Press Releases"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<td>\n<table width=\"100%\" border=\"0\" align=\"center\" class=\"td\">\n<tr>\n<td>\n<p>Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details:<\/p>\n<table width=\"85%\" border=\"0\" align=\"center\" cellpadding=\"0\" cellspacing=\"1\" class=\"tablebg\">\n<tr class=\"head\">\n<td width=\"8%\" align=\"center\">Sr. No<\/td>\n<td width=\"25%\" align=\"center\">Treasury Bill<\/td>\n<td width=\"24%\" align=\"center\">Notified Amount <br \/>(in \u20b9 crore)<\/td>\n<td width=\"21%\" align=\"center\">Auction Date<\/td>\n<td width=\"22%\" align=\"center\">Settlement date<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">1<\/td>\n<td align=\"center\">91 Days<\/td>\n<td align=\"right\">12,000<\/td>\n<td rowspan=\"3\" align=\"center\">September 09, 2020 <br \/>(Wednesday)<\/td>\n<td rowspan=\"3\" align=\"center\">September 10, 2020 <br \/>(Thursday)<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">2<\/td>\n<td align=\"center\">182 Days<\/td>\n<td align=\"right\">13,000<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">3<\/td>\n<td align=\"center\">364 Days<\/td>\n<td align=\"right\">10,000<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">\u00a0<\/td>\n<td align=\"center\">Total<\/td>\n<td align=\"right\">35,000<\/td>\n<td align=\"center\">\u00a0<\/td>\n<td align=\"center\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>The sale will be subject to the terms and conditions specified in the <a href=\"https:\/\/rbidocs.rbi.org.in\/rdocs\/content\/pdfs\/GOI27032018_A.pdf\" target=\"_blank\" class=\"links\" rel=\"noopener noreferrer\">General Notification F.No.4(2)-W&amp;M\/2018 dated March 27, 2018<\/a> along with the <a href=\"https:\/\/rbidocs.rbi.org.in\/rdocs\/content\/pdfs\/GOI05042018_A.pdf\" target=\"_blank\" class=\"links\" rel=\"noopener noreferrer\">Amendment Notification No.F.4(2)-W&amp;M\/2018 dated April 05, 2018<\/a>, issued by Government of India, as amended from time to time. State Governments, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount. Individuals can also participate on <a href=\"https:\/\/www.rbi.org.in\/Scripts\/NotificationUser.aspx?Id=11175&amp;Mode=0\" target=\"_blank\" class=\"links\" rel=\"noopener noreferrer\">non-competitive<\/a> basis as retail investors. For retail investors, the allocation will be restricted to a maximum of 5 percent of the notified amount.<\/p>\n<p>The auction will be <span class=\"head\">Price based<\/span> using <span class=\"head\">multiple price method<\/span>. Bids for the auction should be submitted in electronic format on the Reserve Bank of India\u2019s Core Banking Solution (E-Kuber) system on <span class=\"head\">Wednesday, September 09, 2020,<\/span> during the below given timings:<\/p>\n<table width=\"60%\" border=\"0\" align=\"center\" cellpadding=\"0\" cellspacing=\"1\" class=\"tablebg\">\n<tr class=\"head\">\n<td width=\"51%\" align=\"center\">Category<\/td>\n<td width=\"49%\" align=\"center\">Timing<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">Competitive bids<\/td>\n<td align=\"center\">10:30 am &#8211; 11:30 am<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">Non-Competitive bids<\/td>\n<td align=\"center\">10:30 am &#8211; 11:00 am<\/td>\n<\/tr>\n<\/table>\n<p>Results will be announced on the day of the auction.<\/p>\n<p>Payment by successful bidders to be made on <span class=\"head\">Thursday, September 10, 2020<\/span>.<\/p>\n<p>Only in the event of system failure, physical bids would be accepted. Such physical bids should be submitted to the Public Debt Office (<a href=\"https:\/\/www.rbi.org.in\/mailto:pdomumbai@rbi.org.in\" class=\"links\">email<\/a>; Phone no: 022-22632527, 022-22701299) in the prescribed form obtainable from RBI website (<a href=\"https:\/\/www.rbi.org.in\/Scripts\/BS_ViewForms.aspx\" target=\"_blank\" class=\"links\" rel=\"noopener noreferrer\">https:\/\/www.rbi.org.in\/Scripts\/BS_ViewForms.aspx<\/a>) before the auction timing ends. In case of technical difficulties, Core Banking Operations Team should be contacted (<a href=\"https:\/\/www.rbi.org.in\/mailto:cbot@rbi.org.in\" class=\"links\">email<\/a>; Phone no: 022-27595666, 022-27595415, 022-27523516). For other auction related difficulties, IDMD auction team can be contacted (<a href=\"https:\/\/www.rbi.org.in\/mailto:auctionidmd@rbi.org.in\" class=\"links\">email<\/a>; Phone no: 022-22702431, 022-22705125).<\/p>\n<p align=\"right\"><span class=\"head\">Ajit Prasad<\/span><br \/>Director\u00a0\u00a0\u00a0<\/p>\n<p class=\"head\">Press Release: 2020-2021\/290<\/p>\n<p>\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/td><\/div>\n<p><a href=\\\"https:\/\/www.rbi.org.in\/scripts\/BS_PressReleaseDisplay.aspx?prid=50316\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No Treasury Bill Notified Amount (in \u20b9 crore) Auction Date Settlement date 1 91 Days 12,000 September 09, 2020 (Wednesday) September 10, 2020 (Thursday) 2 182 Days 13,000 3 364 Days [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-19875","post","type-post","status-publish","format-standard","hentry","category-banking-business"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/19875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19875"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/19875\/revisions"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}