--------------------------------------------------------------------------- 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 : March 15, 2001 00016 11.40 % 2008 5.00 108.15 9.8311 Contract Date : March 16, 2001 97004 12.69 % 2002 25.00 103.71 9.1889 94003 12.50 % 20

March 20, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs. 46.70 on 20.03.2001. 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 YEN19 March, 200146.690066.671041.822637.8520 March , 200146.700066.612942.037038.0500Note : The reference rate is based on 12 noon rates of a few select banks in

The Reserve Bank of India has rejected the licence application of The Co-operative Bank Ltd., Chodavaram, Andhra Pradesh to carry on banking business in India. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.N.L.

The results of the RBI Repos/Reverse Repo auctions held on March 20, 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) 2 7600 Nil NA2. Applications accepted for one day repo period (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) 2 7600 7.00 NA NA NA

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 March 21, 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 11.00 a.

--------------------------------------------------------------------------- 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 : March 15, 2001 00016 11.40 % 2008 5.00 107.99 9.8604 98025 12.60 % 2018 5.00 113.20 10.8966 Contract Date : March 16, 2001 96007 13.75 % 20

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings4855182606681Lendings29734648124249(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.297.18 (b) Range of rates6.30-9.306.90-9.202 Term Money Market*Volume(Turnover)Range of Rates16448.15-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 8428at Bank Rate4. Liquidity Adjustmen

March 19, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.69 on 19.03.2001. 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 YEN16th March, 200146.670067.076541.898038.120019th March, 200146.690066.671041.822637.8500Note : The reference rate is based on 12 noon rates of a few select ban

The results of the RBI Repos/Reverse Repo auctions held on March 19, 2001 are : Item Repo 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) 1 8000 Nil NA 2. Applications accepted for one day repo period (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) 1 8000 7.00 NA NA NA

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 March 20, 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 11.00 a.m.