--------------------------------------------------------------------------- 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 : August 27, 2001 01007 9.39 % 2011 10.00 101.56 9.1429 01007 9.39 % 2011 5.00 101.47 9.1568 01007 9.39 % 2011 5.00 101.42 9.1645 01007 9.39

August 30, 2001The results of the RBI OMO auction of 10.71% Government Stock, 2016 held on August 30, 2001 are: Auction Results I.Notified amount: Rs.4000.00 crore II.Bids received (i) Number:192 (ii) Amount:Rs. 4004.00 crore III.Cut-off Price (per cent):Rs.107.00 (YTM) (9.7964%) IV.Bids accepted (i) Number:175 (ii) Amount:Rs. 3731.00 crore V.Partial Allotment Percentage:NA VI.Weighted Average Price:Rs.107.28P.V.Sadanandan Asst. ManagerPress Release : 2001-02/253

August 30, 2001The results of the RBI OMO auction of 13.05% Government Stock, 2007 held on August 30, 2001 are: Auction Results I.Notified amount: Rs.2000.00 crore II.Bids received (i) Number:43 (ii) Amount:Rs. 2530.00 crore III.Cut-off Price (per cent):Rs.120.69 (YTM) (8.3697%) IV.Bids accepted (i) Number:18 (ii) Amount:Rs. 2000.00 crore V.Partial Allotment Percentage:57 (1 bid) VI.Weighted Average Price:Rs.120.86P.V.Sadanandan Asst. ManagerPress Release : 2001-02/25

August 30, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.14 on 30.08.2001. 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 YEN29 August, 200147.130068.484642.977839.2830 August, 200147.140068.343642.866839.4000Note : The reference rate is based on 12 noon rates of a few select banks i

In view of the national importance attached to exports growth and to remove impediments, if any, in delivery of export credit, Governor announced in the Monetary and Credit Policy for 2001-2002 that a survey on simplification of procedure by the Reserve Bank of India for export credit delivery and level of exporters' satisfaction with bank services would be conducted through an independent outside agency. Accordingly, the work of the survey has been entrusted to Natio

The Reserve Bank of India has notified on August 29, 2001 that Foreign Institutional Investors (FIIs) Non-Resident Indians (NRIs) and Overseas Corporate Bodies (OCBs) can now purchase equity shares and convertible debentures of ICICI Bank Ltd., up to 49 per cent of its paid up capital through primary and secondary markets in India, as the ICICI Bank Ltd. has passed resolutions at its Board of Directors' and General Body Meetings to this effect.P.V. Sadanandan Asst. Ma

The results of the RBI Repo/Reverse Repo auctions held on August 30, 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 9500 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 9500 6.50 NA NA NA3. Weighted average Cut-off Rate (per

The Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced three 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 August 31, 2001 (Friday) for scheduled commercial banks and Primary Dealers holding SGLAccount 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 InstitutionsTotalBorrowings14574.008270.00 22844.00Lendings13454.001387.005751.4720592.47(ii) Interest RatesBorrowingsLendings (a)Weighted average rate6.746.75 (b) Range of rates5.30 - 7.304.75 - 7.102 Term Money Market*Volume(Turnover)Range of RatesBorrowings -Lendings -3. Standing Liquidity Facility Availed from RBI $ Amount (outstanding)Rate

All Figures are in USD MillionsMerchantInterBank FCY/INRFCY/FCYFCY/INRFCY/FCYPositionSpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForwardDateCancel- ationCancel- ationPURCHASES06/08/2001343875815124651,06337363135307/08/2001263722414794401,2125550084708/08/20012467417101555271,6653531376509/08/200124257292618124361,1583548388510/08/200126671231216144091,242403421418SALES06/08/200125811277814104471,00959406130307/08/200122782159955511,3612950681708/08/200