There were no bids received for repo and reverse repo auctions today, December 18, 2000 under Liquidity Adjustment Facility.P.V.Sadanandan Asstt. ManagerPress Release : 2000-2001/897

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 December 19, 2000 (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

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings63847849014233Lendings69172037119210146(ii) Interest RatesBorrowingsLendings (a)Weighted average rate8.248.30 (b) Range of rates7.00-9.307.90-9.302 Term Money Market*Volume(Turnover)Range of Rates15189.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 9960at Bank Rate4. Liquidity Adjus

--------------------------------------------------------------------------- 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 13, 2000 11.40 % 2008 10.00 102.59 10.8881 Contract Date : December 14, 2000 13.85 % 2001 5.00 101.08 9.7059 13.85 % 2001 10.00 101.08 9.705

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

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, Decem

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, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on December 8, 2000 the application for certificate of registration submitted by M/s. Senthuran Finance & Investments Ltd., having its Registered Office at 38, College Road, Chennai-600 006, for carrying on the business of a Non-Banking Financial Institution.As such, the above company cannot transact the business of a non-ba

Shri Dipak Rudra has been appointed as Banking Ombudsman at Calcutta with effect from December 15, 2000. The Ombudsman will be functioning from the RBI Building (9th floor), 15, Netaji Subhas Road, Calcutta-700 001 and his jurisdiction and authority shall extend to complaints against branches/offices of banks located within the territorial limits of the state of West Bengal and Sikkim. The Reserve Bank of India had, in 1995 announced the Banking Ombudsman Scheme to pr

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 December 18, 2000 (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.

Date of Auction :December 15, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:18 Amount:Rs.184.00 crore (b) Non-competitive bids Number:1 Amount:Rs.80.00 crore III.Cut-off price:Rs.97.81 IV.Competitive bids accepted Number:10 Amount:Rs.100.00 crore V.Partial Allotment Percentage:64.29 (4 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.80.00 crore (b)Partial Allotment Percentage:N. A. N.L. Ra

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings112099664020873Lendings94833752323216467(ii) Interest RatesBorrowingsLendings (a)Weighted average rate8.098.07 (b) Range of rates7.60-8.507.90-8.802 Term Money Market*Volume(Turnover)Range of Rates15099.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 7882at Bank Rate4. Liquidity Adju

Date of Auction :December 15, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:18 Amount:Rs.164.50 crore (b) Non-competitive bids Number:2 Amount:Rs.160.00 crore III.Cut-off price:Rs.99.68 IV.Competitive bids accepted Number:13 Amount:Rs.100.00 crore V.Partial Allotment Percentage:70.00 (1 bid) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:2 Amount:Rs.160.00 crore (b)Partial Allotment Percentage:N. A. VIII.W

December 15, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.77 on 15.12.2000. 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 YEN14 December 200046.760068.215841.090441.520015 December 200046.770068.953041.763341.5800Note : The reference rate is based on 12 noon rates of a few se

--------------------------------------------------------------------------- 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 12, 2000 12.60 % 2018 0.30 107.99 11.5341 Contract Date : December 13, 2000 13.85 % 2001 5.00 101.09 9.7097 13.85 % 2001 5.00 101.09 9.7097

There were no bids received for repo and reverse repo auctions today, December 15, 2000 under Liquidity Adjustment Facility.P.V.Sadanandan Asstt. ManagerPress Release : 2000-2001/885

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings113829868021250Lendings93003396327215968(ii) Interest RatesBorrowingsLendings (a)Weighted average rate8.438.45 (b) Range of rates7.90-8.908.00-9.302 Term Money Market*Volume(Turnover)Range of Rates14389.35-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 8506at Bank Rate4. Liquidity Adju

All figures are in USD MillionsMERCHANTINTER BANKFCY/INRFCY/FCYFCY/INRFCY/FCYPOSITION DATESPOTFORWARD FORWARD CANCELLATIONSPOTFORWARDFORWARD CANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARDPURCHASES27/11/2000290751281521452792444311109828/11/2000352621791053284621,5891113923281429/11/2000390821581078346931,392137316204430/11/20004751254701638105041,10585324127301/12/20002585815201213408752333921183SALES27/11/2000339263222522742288464326113828/11/2000267393381554304891,51291

December 14, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.76 on 14.12.2000. 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 YEN13 December 200046.770067.807141.015041.6414 December 200046.760068.215841.090441.5200Note : The reference rate is based on 12 noon rates of a few select ba

--------------------------------------------------------------------------- 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 09, 2000 11.40 % 2008 0.30 103.00 10.8103 Contract Date : December 11, 2000 11.40 % 2008 3.00 102.60 10.8863 11.03 % 2012 5.00 98.19 11.3100