--------------------------------------------------------------------------- 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 : December 29, 2000 12.50 % 2004 10.00 106.05 10.2405 12.50 % 2004 5.00 106.04 10.2441 11.00 % 2006 10.00 102.00 10.5126 11.00 % 2006 5.00 102.05 10.50

The guidelines for licensing of new banks in the private sector were issued by the Reserve Bank of India (RBI) on January 22, 1993. Out of various applications received, RBI had granted licences to 10 banks. After a review of the experience gained on the functioning of the new banks in the private sector, in consultation with the Government, it has now been decided to revise the licensing guidelines. The revised guidelines for entry of new banks in private sector are

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 January 3, 2001 the application for certificate of registration submitted by M/s. Deepika Leasing & Finance Ltd., having its Registered Office at 3A, 1st floor, Topaz Building, Punjagutta, Hyderabad-500 082, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the

Date of Auction : January 3, 2001 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:21 Amount:Rs.232.00 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.95.53 IV.Competitive bids accepted Number:5 Amount:Rs.100.00 crore V.Partial Allotment Percentage:71.43 (2 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:NA VIII.Weighted Average Price:95.55

January 3, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.70 on 03.01.2000. 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 YEN02 January 200146.690069.810943.837240.790003 January 200146.700070.178444.446740.7700Note : The reference rate is based on 12 noon rates of a few select bank

The results of the RBI Repos/Reverse Repo auctions held on January 3, 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) Nil NA 19 3130 2. 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 18 3115 10.00

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 4, 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 11.00 a.

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings124398251020690Lendings99202588455417062(ii) Interest RatesBorrowingsLendings (a)Weighted average rate10.2410.31 (b) Range of rates8.30-11.009.00-11.002 Term Money Market*Volume(Turnover)Range of Rates16129.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10240at Bank Rate4. Liquidity

--------------------------------------------------------------------------- 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 : December 27, 2000 11.15 % 2002 5.00 101.49 10.1410 Contract Date : December 29, 2000 13.82 % 2002 0.50 105.00 10.5365 12.50 % 2004 5.00 106.06 10.237

The Reserve Bank of India's Department of Banking Operations and Development (DBOD) has brought out a compact disc containing all the circulars issued by the Department since inception to December 31, 2000. While the circulars/instructions issued up to end December 1995 have been put in a compendium form; the full text of each circular issued thereafter has been included, as it is. The circulars can be viewed either subject-wise or date-wise. The disc also includes th

January 2, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.69 on 02.01.2000. 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 YEN01 January 200146.660069.668043.946740.7802 January 200146.690069.810943.837240.7900Note : The reference rate is based on 12 noon rates of a few select banks

Dr. Bimal Jalan, Governor, Reserve Bank of India, today inaugurated the Hindi Website of the Reserve Bank in the Auditorium of the Reserve Bank. Shri S P Talwar and Dr. Y V Reddy, Deputy Governors, Shri M G Srivastava, Executive Director, Shri S L Parmar, Chief General Manager-in-Charge and other senior officers were present at the function. The country celebrated 1999-2000 as the Golden Jubilee Year of the Official Language. The Reserve Bank also undertook a number o

The results of the RBI Repos/Reverse Repo auctions held on January 2, 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 22 39352. 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 22 3935 10.00

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 3, 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.

All Figures are in USD Millions Merchant InterBank FCY/INRFCY/FCYFCY/INRFCY/FCYPositionSpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForwardDateCancel- ationCancel- ationPURCHASES11/12/20003709685141232982010332684712/12/2000278631311810104349112031566613/12/20003863121152063546044767478814/12/2000354863951984499351323631771015/12/2000258101245418123791,219853661237SALES11/12/200034613426141231180811333266712/12/200027610991611103677665932267613/12/200034

January 1, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.66 on 01.01.2000. 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 : DateCURRENCY1 USD1 GBP1 EURO100 YEN 29 December 200046.750069.760443.414440.740001 January 200146.660069.668043.946740.7800 Note : The reference rate is based on 12 noon rates of a few select ba

The results of the RBI Repos/Reverse Repo auctions held on January 1, 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 30 47852. 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 30 4785 10.00

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 2, 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

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings73589285016643Lendings68062548245911813(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.089.18 (b) Range of rates5.00-11.508.00-12.002 Term Money Market*Volume(Turnover)Range of Rates16269.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10659at Bank Rate4. Liquidity Ad

India subscribed to the Special Data Dissemination Standards (SDDS) prescribed by the International Monetary Fund. The International Monetary Fund recently introduced a revised format for dissemination of data on international reserves and foreign currency liquidity by countries that subscribe to SDDS. The revised SDDS format calls for larger dissemination of these data on a monthly basis with a lag of no more than one month. From today, India has begun disclosing fur