The results of the RBI Repos/Reverse Repo auctions held on January 30, 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 NA 3 4602. 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 2 450 10

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings92003510012710Lendings8066304788812001(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.969.98 (b) Range of rates9.00-10.209.60-11.102 Term Money Market*Volume(Turnover)Range of Rates15039.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10084at Bank Rate4. Liquidity Adj

--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : January 24, 2001 11.03 % 2012 5.00 103.28 10.5304 11.83 % 2014 5.00 107.80 10.7289 Contract Date : January 25, 2001 11.15 % 2002 10.00 102.18 9.6328

January 29, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.53 on 29.01.2001. 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 YEN25 January, 200146.460067.585442.852439.460029 January, 200146.530067.931542.991439.7100Note : The reference rate is based on 12 noon rates of a few select b

The Report on Currency and Finance for 1998-99 was for the first time designed to focus on a single theme as a subject for detailed analysis. The comments received on that report were generally favourable. Encouraged by this development the Report for 1999-2000 has been fashioned to set up a tradition of choosing a theme of critical contemporary value. The objective of a theme based approach to direct intensive policy oriented research into issues that emerge from the

The results of the RBI Repos/Reverse Repo auctions held on January 29, 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 NA 6 13202. 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 5 1310 10

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 January 30, 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.

--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : January 19, 2001 11.25 % 2005 0.50 103.80 10.1501 Contract Date : January 22, 2001 11.90 % 2007 5.00 108.08 10.1368 Contract Date : January 23, 2001

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings850710036018543Lendings72722990274113003(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.769.81 (b) Range of rates8.00-10.308.00-11.102 Term Money Market*Volume(Turnover)Range of Rates14889.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 9498at Bank Rate4. Liquidity Ad

The Reserve Bank of India has announced the auction of 182 day Government of India treasury bills for a notified amount of Rs.100 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

In view of the unprecedented nature of the calamity in the State of Gujarat, the Reserve Bank of India has completely relaxed the limits for ways and means advances and the terms of overdraft regulations for the State of Gujarat for a period of one month till end of February, 2001. The relaxation would facilitate the Government of Gujarat in undertaking all the necessary relief expenditure.P.V. Sadanandan Asst. ManagerPress Release : 2000-2001/1080

The Reserve Bank of India has announced the auction of 14 day Government of India treasury bills for a notified amount of Rs.100 crore. 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 of India.Tenders should be submitted in the prescribed form on Friday, Febru

The Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.100 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 terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government of India

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 January 29, 2001 (Monday) 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.

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings1484110857025698Lendings124103938381620164(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.879.90 (b) Range of rates7.80-10.509.00-11.102 Term Money Market*Volume(Turnover)Range of Rates14289.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10097at Bank Rate4. Liquidity

January 25, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.46 on 25.01.2001. 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 YEN24 January 200146.370067.973843.353639.6725 January, 200146.460067.585442.852439.4600Note : The reference rate is based on 12 noon rates of a few select bank

Date of Auction :January 25, 2001I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:15 Amount:Rs.206.50 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.97.83 IV.Competitive bids accepted Number:8 Amount:Rs.100.00 crore V.Partial Allotment Percentage:10.00 (1 bid) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:N.A.N.L. Rao Asst. ManagerPress Releas

Date of Auction :January 25, 2001I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:21 Amount:Rs.182.00 crore (b) Non-competitive bids Number:1 Amount:Rs.60.00 crore III.Cut-off price:Rs.99.66 IV.Competitive bids accepted Number:11 Amount:Rs.100.00 crore V.Partial Allotment Percentage:75.65 (5 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.60.00 crore (b)Partial Allotment Percentage:N.A. VIII.Weig

The results of the RBI Repos/Reverse Repo auctions held on January 25, 2001 are : Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1. Applications received for four day repo period (i) Number (ii) Amount (Face value in Rs. crore) Nil NA 10 1110 2. Applications accepted for four day repo period (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) NA NA NA 9 1100 10 P.V. Sadanandan Asst. Manager

--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : January 19, 2001 11.19 % 2005 0.011 100.35 11.0854 11.68 % 2006 10.00 106.17 10.1216 Contract Date : January 20, 2001 11.68 % 2006 5.00 106.30 10.089