India's foreign exchange reserves fell to $26.61 billion on August 14 from $27.13 billion in the previous week, the RBI said in its weekly statistical supplement on Monday. Broad money growth at 17.3%: India's year-on-year M3 money supply growth was 17.3 per cent in the two weeks to July 31, unchanged from the rate registered in the two-week period ending July 17, the RBI said in its weekly statistical supplement .

Rs 4,165 crore mopup from three-day repos:

The RBI mopped up Rs 4,165 crore on Monday through three-day fixed-rate repos in Government of India dated securities for parties holding SGL and current accounts. The interest rate for the repos was pegged at 8 per cent. The central bank received eight applications and accepted all of them.

Bank of India revises rates:

Bank of India has revised its domestic term deposit rates with effect from August 24. As per the new rate structure, the bank will offer 6 per cent on a maturity period of 15-45 days, 8 per cent for 46-90 days, 8 per cent for 91-179 days, 9 per cent for 180 days to one year, 10.50 per cent for over one year and up to two years, 11 per cent for over two years and up to three years and 11.50 per cent for over three years. The bank will also pay one per cent additional interest over and above normal rates for large deposits of Rs 15 lakh and up to Rs 10 crore with maturity of over one year to three years.

Dena Bank hikes rates:

Dena Bank has hiked the differential rates of interest on deposits of above Rs 1 crore with effect from August 24. The bank will now offer 6 per cent for 15-60 days, 7.50 per cent for 61-90 days, 9.50 per cent for 91-179 days, 10.60 per cent for 180 days to one year, 11.50 per cent for above one year to two years, 12.25 per cent for two years to less than three years and 12.50 per cent for over three years.

Dhanalakshmi Bank launches new schemes:

Dhanalakshmi Bank has launched two new deposit schemes -- Dhanam Plus and Dhanam Double Plus -- in Bangalore. The schemes offer flexibility of savings bank account with cheque book facility and high interest rates applicable for term deposits. The duration of deposits is for a period of 15-30 days with automatic renewal. Initially, the schemes are being launched in 33 computerised branches of the bank.