(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings145937356021949Lendings130391633375318425(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.747.78 (b) Range of rates6.00-9.306.80-9.002 Term Money Market*Volume(Turnover)Range of Rates18649.25-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 5829at Bank Rate4. Liquidity Adj

All Figures are in USD Millions Merchant Inter Bank FCY/INR FCY/FCY FCY/INR FCY/FCY Position Spot Forward Forward Spot Forward Forward Spot Swap Forward Spot Swap Forward Date Cancel- ation Cancel- ation PURCHASES 12/03/2001 389 98 20 6 13 5 531 1,490 66 445 96 6 13/03/2001 382 81 79 5 46 22 897 1,436 118 420 157 23 14/03/2001 463 152 60 12 29 15 907 1,878 91 470 110 5 15/03/2001 357 153 63 31 23 15 565 1,287 116 556 107 9 16/03/2001 298 95 74 16 19 21 853 1,606 171 3

The Reserve Bank of India has advised all public sector banks to take decision on the applications for settlement of non-performing assets (NPAs) by June 30, 2001. In a letter addressed to the chief executives of public sector banks, it has advised that they should speedily process all the applications received for settlement of non-performing assets (NPAs) upto March 31, 2001 and take decision on these by June 30, 2001. The Reserve Bank had issued guidelines for reco

--------------------------------------------------------------------------- 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 : April 03, 2001 94003 12.50 % 2004 5.00 108.65 11.5039 94003 12.50 % 2004 5.00 108.63 11.5060 94003 12.50 % 2004 5.00 108.60 11.5092 97010

Date of Auction : April 4, 2001 I.Notified amount: Rs.750.00 crore II.Bids received (a) Competitive bids Number:54 Amount:Rs.1682.50 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.91.87 IV.Competitive bids accepted Number:26 Amount:Rs.750.00 crore V.Partial Allotment Percentage:1.67 (3 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:91.92N

In the wake of the recent events that have affected a few urban co-operative banks in Gujarat, it had been reported that some co-operative banks may face liquidity problems in their day-to-day operations. To obviate any such difficulty, the Reserve Bank had already advised all concerned that these banks may approach public sector banks and also primary dealers for repos facilities against eligible government securities held by them. In case the co-operative banks are

Date of Auction :April 4, 2001I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:17 Amount:Rs.205.50 crore (b) Non-competitive bids Number:1 Amount:Rs.40.00 crore III.Cut-off price:Rs.97.92 IV.Competitive bids accepted Number:11 Amount:Rs.100.00 crore V.Partial Allotment Percentage:30.00 (2 bids) VI .Devolvement on RBI:NIL VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.40.00 crore (b)Partial Allotment Percentage:N.A.N.L. Rao Asst

Date of Auction :April 4, 2001I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:19 Amount:Rs.268.00 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.99.73 IV.Competitive bids accepted Number:4 Amount:Rs.100.00 crore V.Partial Allotment Percentage:74.07 (4 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:N.A. VIII.Weighted Average Price:99.73N.

April 4, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.63 on 04.04.2001. 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 : Date CURRENCY 1 USD1 GBP1 EURO100 YEN03 April, 200146.640066.263841.257737.050004 April, 200146.630066.762541.733937.0100Note : The reference rate is based on 12 noon rates of a few select banks i

The results of the RBI Repos/Reverse Repo auctions held on April 4, 2001 are :ItemRepo Auction (Sale of securities by RBI)Reverse Repo Auction (Purchase of securities by RBI)1. Applications received for five day repo period: (i) Number (ii) Amount (Face value in Rs. crore) 9 17,675 Nil NA2. Applications accepted for five day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) 9 17,675 7.00 Nil NA NA