(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings1195411668023622Lendings97833787456918139(ii) Interest RatesBorrowingsLendings (a)Weighted average rate8.048.10 (b) Range of rates7.80-8.307.90-8.602 Term Money Market*Volume(Turnover)Range of Rates15439.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 5954at 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 : December 06, 2000 11.50 % 2011 5.00 100.45 11.4254 Contract Date : December 07, 2000 11.55 % 2001 5.00 100.835 9.9741 11.55 % 2001 5.00 100.83 9.9833

It has been decided to enhance the notified amount in respect of auctions of 364 day Treasury Bills from Rs.500 crore to Rs.750 crore for the auctions to be held during the remaining part of the current financial year i.e. December 2000 to March 2001. The Calendar for issue of Treasury Bills issued in terms of Press Release dated October 4, 2000 stands amended to the above extent.P.V. Sadanandan Asstt. ManagerPress Release : 2000-2001/865

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 11, 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.

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 5, 2000 the application for certificate of registration submitted by Fair Economy Savings Ltd., having its Registered Office at Shirdalla, District Nawada, Pin 805110, Bihar, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-banking f

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, Dece

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

Date of Auction :December 8, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:22 Amount:Rs.364.00 crore (b) Non-competitive bids Number:1 Amount:Rs.150.00 crore III.Cut-off price:Rs.99.75 IV.Competitive bids accepted Number:7 Amount:Rs.100.00 crore V.Partial Allotment Percentage:23.08 (3 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.150.00 crore (b)Partial Allotment Percentage:N. A. VIII.We

Date of Auction :December 8, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:21 Amount:Rs.187.00 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.97.83 IV.Competitive bids accepted Number:14 Amount:Rs.100.00 crore V.Partial Allotment Percentage:22.86 (3 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:NA (b)Partial Allotment Percentage:N. A. Ajit Prasad ManagerPress Releas

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

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings1249311848024341Lendings99024145415418201(ii) Interest RatesBorrowingsLendings (a)Weighted average rate8.028.03 (b) Range of rates7.80-8.507.50-8.602 Term Money Market*Volume(Turnover)Range of Rates17258.55-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 6464at 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 : December 05, 2000 11.55 % 2001 2.00 100.68 10.2680 11.03 % 2012 5.00 96.89 11.5177 Contract Date : December 06, 2000 11.55 % 2001 5.00 100.79 10.0624

Government of India have announced auction of 11.30 percent Government Stock, 2010 for an aggregate amount of Rs 3,000 crore(nominal). The auction will be price based and will be conducted by the Reserve Bank of India (RBI) at Mumbai on Tuesday, December 12, 2000. Bids in the prescribed form obtainable from the Regional Director, RBI, Public Debt Office, Fort, Mumbai should be submitted on Tuesday, December 12, 2000 during the banking hours. On the basis of bids recei

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 6, 2000 the application for certificate of registration submitted by M/s. Bakliwal Trades & Commerce (P) Ltd., 9, India Exchange Place, 5th Floor, Room No.4, Calcutta-700 001, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-bank

December 8, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.76 on 08.12.2000. 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 YEN7 December 200046.770067.643541.824142.398 December 200046.760067.540141.586042.2800Note : The reference rate is based on 12 noon rates of a few select banks

The Reserve Bank of India on December 8, 2000 has notified that no further purchases of shares of M/s. Astra IDL Ltd., should be made on behalf of non-resident Indians (NRIs) / overseas corporate bodies (OCBs) and persons of Indian Origin (PIOs) without obtaining prior clearance of the Reserve Bank. The Reserve Bank has stated that the net purchases of equity shares of the company in the secondary markets have reached the limit of eight per cent of its paid up equity

The results of the RBI repos/reverse repo auctions held on December 8 , 2000 ItemRepo Auction (Sale of securities by RBI)Reverse Repo Auction (Purchase of securities by RBI)1. Applications received for three day repo period (i) Number (ii) Amount (Face value in Rs. crore) 4 4850 Nil NA 2. Applications Accepted three day repo period (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) 4 4850 8.00 Nil NA NA P.V. Sadanandan Asstt. ManagerPress Re

--------------------------------------------------------------------------- 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 04, 2000 11.03 % 2012 20.00 96.77 11.5370 11.03 % 2012 20.00 96.84 11.5257 Contract Date : December 05, 2000 13.75 % 2001 0.50 101.65 10.065

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings1183211703023535Lendings101833828305817069(ii) Interest RatesBorrowingsLendings (a)Weighted average rate8.208.04 (b) Range of rates7.00-8.207.80-8.602 Term Money Market*Volume(Turnover)Range of Rates23298.65-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 6283at Bank Rate4. Liquidity Ad

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 5, 2000 the application for certificate of registration submitted by M/s. Topline Credits Limited, having its Registered Office at No.15, 1st Floor, Lalbagh Road, Bangalore-560 027, for carrying on the business of a Non-Banking Financial Institution. As such, the above company cannot transact the business of a non-ba