--------------------------------------------------------------------------- Loan Nomenclature Amount Price * YTM % Code (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 04, 2001 85007 11.50 % 2015 0.25 112.20 9.8545 Contract Date : September 05, 2001 97011 11.15 % 2002 25.00 103.76 7.1422 97011 11

The Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.250 crore. The auction will be conducted using 'Uniform Price Auction' method. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to the terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government of I

--------------------------------------------------------------------------- Loan Nomenclature Amount Price * YTM % Code (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 03, 2001 00015 11.43 % 2015 5.00 113.21 9.6807 01006 10.25 % 2021 10.00 102.60 9.9432 Contract Date : September 04, 2001 94003 12

Date of Auction :September 5, 2001I.Notified amount: Rs.750.00 crore II.Bids received (a) Competitive bids Number:47 Amount:Rs.2207.50 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.93.37 IV.Competitive bids accepted Number:22 Amount:Rs.750.00 crore V.Partial Allotment Percentage:72.73 (6 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:N.A. VIII.Weighted Average Price:9

--------------------------------------------------------------------------- Loan Nomenclature Amount Price * YTM % Code (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : September 01, 2001 00016 11.40 % 2008 5.00 116.15 8.3107 00016 11.40 % 2008 5.00 116.15 8.3107 00012 11.03 % 2012 5.00 111.70 9.2946 01003

Date of Auction :September 5, 2001I.Notified amount: Rs.250.00 crore II.Bids received (a) Competitive bids Number:23 Amount:Rs.755.00 crore (b) Non-competitive bids Number:1 Amount:Rs.150.00 crore III.Cut-off price:Rs.98.32 IV.Competitive bids accepted Number:12 Amount:Rs.250.00 crore V.Partial Allotment Percentage:43.33 (7 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.150.00 crore (b)Partial Allotment Percentage:N.A.P.V. Sa

--------------------------------------------------------------------------- Loan Nomenclature Amount Price * YTM % Code (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : August 30, 2001 91012 11.50 % 2011 0.50 114.10 9.2927 01005 9.81 % 2013 5.00 102.94 9.3876 Contract Date : August 31, 2001 97011 11.15 % 20

Government of India have announced sale by auction of a new 11-year Government Stock for Rs 5,000 crore (nominal) and of a new 25-year Government Stock for Rs 2,000 crore (nominal). The auctions will be yield based and will be conducted by the Reserve Bank of India (RBI) at Mumbai on Monday, September 10, 2001. Bids in the prescribed form obtainable from the Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai should be submitted to that office o

--------------------------------------------------------------------------- Loan Nomenclature Amount Price * YTM % Code (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : August 28, 2001 00016 11.40 % 2008 5.00 116.20 8.3042 00016 11.40 % 2008 10.00 116.17 8.3094 Contract Date : August 29, 2001 00016 11.40 %

The Reserve Bank of India has advised income-tax assessees in the cities of Mumbai and Navi Mumbai to take advantage of paying their income tax dues at any of the designated bank branches. The income-tax department has authorised approximately 810 branches of public sector banks in Mumbai and Navi Mumbai to accept payment of income-tax dues. The Reserve Bank has also advised income-tax assessees to avoid last minute rush at the Reserve Bank's/ designated banks' counte