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RBI announces 35 days & 34 days Cash Management Bills

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..... RBI announces 35 days & 34 days Cash Management Bills - News and Press Release Dated:- 10-8-2013 - News - The Reserve Bank of India announced the auction of the 35 days 34 days Government of India .....

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..... Cash Management Bills as per the following details: Auction Date Settlement/Issue Date Date of Maturity Notified Amount 1 August 12, 20 .....

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..... 13 August 13, 2013 September 17, 2013 Rs. 11,000 crore 2 August 13, 2013 August 14, 2013 September 17, 2013 Rs. 11,000 crore .....

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..... Total Rs. 22,000 crore The auctions will be conducted using "Multiple Price Auction" method. The competitive bids for the auction should be submitted in electronic format .....

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..... on the Reserve Bank of India Core Banking Solution (E-Kuber) between 10.30 a.m. and 12.00 noon. Result of the auctions will be announced on the same day. The Cash Management Bills will have the gene .....

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..... ric character of Treasury Bills and their sale will be subject to the terms and conditions specified in the General Notification No. F.2 (12)-W M/97 dated March 31, 1998 issued by Government of India .....

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..... and as amended from time to time. Alpana Killawala Principal Chief General Manager - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia .....

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..... .com - TMI - TaxTMI - TMITax .....

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