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 May 16, 2001 (Wednesday) for scheduled commercial banks and Primary Dealers holding SGL Account 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 InstitutionsTotalBorrowings7646.001190.0008836.00Lendings4358.00586.001679.006623.00(ii) Interest RatesBorrowingsLendings (a)Weighted average rate8.798.88 (b) Range of rates7.00-9.407.90-9.502 Term Money Market*Volume(Turnover)Range of RatesBorrowings -Lendings -3. Standing Liquidity Facility Availed from RBI $ Amount (outstanding)Rate of Interes

--------------------------------------------------------------------------- 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 : May 10, 2001 99008 11.68 % 2006 5.00 109.40 9.2525 98007 12.00 % 2008 5.00 110.00 9.9754 99020 11.83 % 2014 5.00 109.14 10.5453 99020 11.83

With a view to enabling banks to extend credit to film industry, which is relatively a new area for financing by banks, the Reserve Bank of India has, after extensive consultations with Indian Banks' Association, banks and representatives of film industry, issued broad guidelines for financing production of films. The guidelines cover various aspects involved in financing production of films, such as, eligibility for the purpose of borrowing, criteria for financing, p

May 14, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.90 on 14.05.2001. 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 YEN11 May, 200146.870066.642141.280838.2214 May, 200146.900066.487841.002338.2300Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai

The results of the RBI Repo/Reverse Repo auctions held on May 14, 2001 are :ItemRepo Auction (Sale of securities by RBI)Reverse Repo Auction (Purchase of securities by RBI)1. Applications received for one day repo period: (i) Number (ii) Amount (Face value in Rs. crore) Nil Nil 25 33652. Applications accepted for one day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) NA NA NA 17 3105 8.753. Weighted average Cut-off Rate (per

The Reserve Bank of India today released the full text of the Report of the Advisory Group on 'Securities Market Regulation' on its Website www.rbi.org.in The Group has reviewed the evolution of the securities regulatory framework, analyzed India’s reform initiatives and their impact and identified some important issues and lacunae of the current regulatory structure which could form the basis for the future reform agenda. The Group has also discussed in some detail,

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 May 15, 2001 (Tuesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 10.30 a.m. 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 : May 09, 2001 95012 14.00 % 2005(INSTA 15.00 114.75 9.7403 Contract Date : May 10, 2001 87006 11.00 % 2002 10.00 102.05 8.8185 97011 11.15 %

The following changes will come into effect in the auctions of Treasury Bills with effect from the week beginning May 14, 2001:The auctions of 14 and 182 days Treasury Bills will be discontinued;The notified amount in the auctions of 91-day Treasury Bills will be enhanced from Rs.100 crore to Rs.250 crore;The notified amount in the auctions of 364 day Treasury Bills will continue to be Rs.750 crore; andThe auctions of 91-day Treasury Bills will now be conducted on eve