(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market* (i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings15624.0010229.00 25853.00Lendings16900.002497.004943.0024340.00(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.017.03 (b) Range of rates6.00-7.255.05-7.302 Term Money Market*Volume(Turnover)Range of RatesBorrowings200.008.25-8.25Lendings240.008.25-9.503. Standing Liquidity Facility Availed from RBI $ Am

--------------------------------------------------------------------------- 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 : May 31, 2001 90010 11.50 % 2010 1.00 109.10 9.9480 Contract Date : June 01, 2001 94003 12.50 % 2004 10.00 109.185 8.7319 88008 11.50 % 2008

The Reserve Bank of India will shortly be issuing Rs.10 notes in Mahatma Gandhi Series bearing the signature of Dr. Bimal Jalan, Governor with capital letter "L" inset in both numbering panels. Except for this change, the design of the Rs.10 notes to be issued now is similar in all respects to those issued earlier in the 'Mahatma Gandhi' Series. All Rs.10 denomination notes issued by the Bank in the past will continue to be legal tender.P.V. Sadanandan Asst. ManagerPr

Date of Auction :June 6, 2001I.Notified amount: Rs.250.00 crore II.Bids received (a) Competitive bids Number:24 Amount:Rs.461.25 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.98.16 IV.Competitive bids accepted Number:16 Amount:Rs.250.00 crore V.Partial Allotment Percentage:23.33 (3 bids) 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 Release

The price list effective from 06-Jun-01 is as underSr. No.SecuritySale Price Rs. Ps.1.11.50% 2011110.452.10.25% 2021100.80

June 6, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.00 on 06.06.2001. 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 YEN04 June, 200147.020066.751940.075139.3706 June, 200147.000066.396940.243839.0000Note : The reference rate is based on 12 noon rates of a few select banks in Mumb

The results of the RBI Repo/Reverse Repo auctions held on June 6, 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 6000 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 6000 6.50 NA NA NA3. Weighted average Cut-off Rate (per ce

The Advisory Group on Banking Supervision has recommended that the Reserve Bank of India may urgently consider the desirability of introducing and participating in a scheme of formalised coordination between different regulators. It has also recommended designation of one of the regulators involved as a primary regulator and coordinator with clearly assigned roles and responsibilities.The Advisory Group was set up by the Standing Committee on International Financial S

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 7, 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 InstitutionsTotalBorrowings8727.002717.00 11444.00Lendings8057.001672.003135.0012864.00(ii) Interest RatesBorrowingsLendings (a)Weighted average rate6.997.00 (b) Range of rates6.25-7.506.25-7.502 Term Money Market*Volume(Turnover)Range of RatesBorrowings95.008.25-8.40Lendings -3. Standing Liquidity Facility Availed from RBI $ Amount (outstanding