Date of Auction :June 27, 2001I.Notified amount: Rs.250.00 crore II.Bids received (a) Competitive bids Number:23 Amount:Rs.512.50 crore (b) Non-competitive bids Number:3 Amount:Rs.400.00 crore III.Cut-off price:Rs.98.26 IV.Competitive bids accepted Number:14 Amount:Rs.250.00 crore V.Partial Allotment Percentage:27.78 (3 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:3 Amount:Rs.400.00 crore (b)Partial Allotment Percentage:N.A.N.L. Rao As

June 27, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.01 on 27.06.2001. 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 YEN26 June, 2001 47.040066.455840.626138.0627 June, 2001 47.010066.622640.600237.8000Note : The reference rate is based on 12 noon rates of a few select banks in M

The results of the RBI Repo/Reverse Repo auctions held on June 27, 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) 1 3000 Nil NA2. Applications accepted for one day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) 1 3000 6.50 NA NA NA3. Weighted average Cut-off Rate (per c

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 June 28, 2001 (Thursday) 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 InstitutionsTotalBorrowings14359.0010909.00 25268.00Lendings16055.002903.003972.0022930.00(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.037.24 (b) Range of rates6.10-7.206.00-7.602 Term Money Market*Volume(Turnover)Range of RatesBorrowings26.006.00-7.50Lendings16.008.80-9.603. Standing Liquidity Facility Availed from RBI $ Amou

--------------------------------------------------------------------------- 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 : June 21, 2001 89009 11.50 % 2009 3.00 110.00 9.6576 Contract Date : June 22, 2001 98013 11.55 % 2001 15.00 100.063 8.9819 98013 11.55 % 200

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 on June 22, 2001 the application for certificate of registration submitted by M/s. Roxy Commerce Pvt. Ltd., 168/A, Cotton Street, 4th Floor, Kolkata-700 007. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserve Bank of India Act, 1

June 26, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.04 on 26.06.2001. 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 : Date CURRENCY 1 USD1 GBP1 EURO100 YEN25 June, 2001 46.990066.523740.352737.8426 June, 2001 47.040066.455840.626138.0600Note : The reference rate is based on 12 noon rates of a few select banks in

The results of the RBI Repo/Reverse Repo auctions held on June 26, 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) 1 5650 Nil NA2. Applications accepted for one day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) 1 5650 6.50 NA NA NA3. Weighted average Cut-off Rate (per c

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 June 27, 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

--------------------------------------------------------------------------- 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 : June 21, 2001 00017 11.50 % 2011 15.00 112.22 9.6154 00012 11.03 % 2012 15.00 109.02 9.6820 Contract Date : June 22, 2001 98013 11.55 % 200

All Figures are in USD MillionsMerchantInterBank FCY/INRFCY/FCYFCY/INRFCY/FCYPositionSpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForwardDateCancel- ationCancel- ationPURCHASES04/06/200129645862074451,465823711182006/06/200139054191423304581,29653586173607/06/200125986231520125521,01376561108908/06/20013245518231974091,0008755514810SALES04/06/200128611711616133719351303301151606/06/2001381151131422314091,23761609182507/06/20013421079152114490906795791026

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market* (i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings5975.003178.00 9153.00Lendings5317.001044.002005.428366.42(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.017.04 (b) Range of rates6.10-7.206.60-7.902 Term Money Market*Volume(Turnover)Range of RatesBorrowings -Lendings25.0010.50-10.503. Standing Liquidity Facility Availed from RBI $ Amount (outstanding

Government of India have announced sale (reissue) by auction of 10.45 percent Government Stock 2018 for an aggregate amount of Rs 2,000 crore (nominal) . The auction will be price based and will be conducted by the Reserve Bank of India (RBI) at Mumbai on Friday, June 29, 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 on June 29, 2001 during banking hou

June 25, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.99 on 25.06.2001. 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 : Date CURRENCY 1 USD1 GBP1 EURO100 YEN22 June, 200147.010066.507440.1724 37.8125 June, 200146.990066.523740.3527 37.8400Note : The reference rate is based on 12 noon rates of a few select banks in

The results of the RBI Repo/Reverse Repo auctions held on June 25, 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) 1 3300 Nil NA2. Applications accepted for one day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) 1 3300 6.50 NA NA NA3. Weighted average Cut-off Rate (per c

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 June 26, 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.

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market* (i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings13207.0011540.00 24747.00Lendings16491.002951.004238.2923680.29(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.067.09 (b) Range of rates6.15-7.755.10-7.802 Term Money Market*Volume(Turnover)Range of RatesBorrowings80.008.10-10.00Lendings67.008.10-9.303. Standing Liquidity Facility Availed from RBI $ Amo

--------------------------------------------------------------------------- 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 : June 20, 2001 00016 11.40 % 2008 10.00 111.14 9.2407 00016 11.40 % 2008 10.00 111.12 9.2443 00017 11.50 % 2011 10.00 112.12 9.6299 Contract

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