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, March

--------------------------------------------------------------------------- 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 : February 22, 2001 11.40 % 2008 5.00 107.85 9.8949 Contract Date : February 26, 2001 11.50 % 2008 0.50 104.25 10.6361 11.40 % 2008 5.00 107.97 9.8721

For the convenience of income tax (IT) assessees, arrangements have been made for receipt of advance income tax at all the computerised branches of all the public sector banks (approximately 810) in Mumbai and Navi Mumbai, the Reserve Bank of India has stated in a press release. The designated branches are authorised by the income tax department to accept payment of income tax dues. The Reserve Bank has advised assessees to take advantage of these standing arrangement

--------------------------------------------------------------------------- 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 : February 22, 2001 12.08 % 2001 1.00 100.206 9.8855 Contract Date : February 23, 2001 11.03 % 2012 0.70 104.69 10.3177 11.03 % 2012 1.00 104.69 10.317

Date of Auction : February 28, 2001 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:21 Amount:Rs.229.50 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.95.96 IV.Competitive bids accepted Number:10 Amount:Rs.100.00 crore V.Partial Allotment Percentage:20.00 (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:96

--------------------------------------------------------------------------- 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 : February 22, 2001 11.75 % 2001 5.00 101.28 9.1118 11.75 % 2001 5.00 101.28 9.1118 11.75 % 2001 5.00 101.28 9.1118 11.75 % 2001 25.00 101.28 9.1118 11

--------------------------------------------------------------------------- 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 : February 22, 2001 12.69 % 2002 25.00 103.60 9.4562 Contract Date : February 23, 2001 11.55 % 2001 5.00 100.87 8.9548 10.85 % 2001 10.00 100.77 8.9659

--------------------------------------------------------------------------- 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 : February 20, 2001 11.55 % 2001 2.00 100.94 8.8198 11.40 % 2008 5.00 107.87 9.8918 11.40 % 2008 5.00 107.99 9.8699 11.40 % 2008 25.00 108.00 9.8681 12

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 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