The Reserve Bank of India has announced the auction of 364 day Government of India treasury bills for a notified amount of Rs.750 crore. State Governments are allowed to participate as non-competitive bidders and the allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government

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

The Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities of 91, 182 and 364 day Treasury Bills on September 3, 2001 (Monday) for scheduled commercial banks and Primary Dealers holding SGLAccount and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 10.30 a.m

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market* (i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings12323.008586.00 20909.00Lendings12796.002229.004187.5919212.59(ii) Interest RatesBorrowingsLendings (a)Weighted average rate6.906.93 (b) Range of rates5.44-7.404.89-7.102 Term Money Market*Volume(Turnover)Range of RatesBorrowings -Lendings -3. Standing Liquidity Facility Availed from RBI $ Amount (outstanding)Rate 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 : August 28, 2001 01005 9.81 % 2013 5.00 102.70 9.4212 01005 9.81 % 2013 5.00 103.13 9.3613 01005 9.81 % 2013 5.00 103.20 9.3516 01005 9.81 %

The price list effective from September 1, 2001 is as under:Sr.no. SecuritySale PriceRs. Ps.1. 11.75% 2006116.132.9.81% 2013102.90P.V. Sadanandan Asst. ManagerPress Release : 2001-02/259

August 31, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.15 on 31.08.2001. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN30 August, 200147.140068.343642.866839.4031 August, 200147.150068.855543.347439.6600Note : The reference rate is based on 12 noon rates of a few select banks

The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for certificate of registration submitted by the following non-banking financial company:Name of the CompanyRejected on Chakrapani Mutual Benefit Ltd., Registered Office : G-7 Indira Nagar, Lucknow, Uttar PradeshAugust 23, 2001 As such, the above company cannot transact the business of a non-banking financial in

The results of the RBI Repo/Reverse Repo auctions held on August 31, 2001 are :ItemRepo Auction (Sale of securities by RBI)Reverse Repo Auction (Purchase of securities by RBI)1. Applications received for three day repo period: (i) Number (ii) Amount (Face value in Rs. crore) 2 7500 Nil NA2. Applications accepted for three day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) 2 7500 6.50 NA NA NA3. Weighted average Cut-off Rate

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market* (i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings10425.009407.00 19832.00Lendings15383.00981.004761.9021125.90(ii) Interest RatesBorrowingsLendings (a)Weighted average rate6.736.78 (b) Range of rates5.26-7.304.75-7.802 Term Money Market*Volume(Turnover)Range of RatesBorrowings -Lendings -3. Standing Liquidity Facility Availed from RBI $ Amount (outstanding)Rate of In