The Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced four-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 March 23, 2001 (Friday) 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.m.

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings154669121024587Lendings104013600589919900(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.417.41 (b) Range of rates6.30-7.807.20-10.002 Term Money Market*Volume(Turnover)Range of Rates18848.15-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10122at Bank Rate4. Liquidity A

--------------------------------------------------------------------------- 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 : March 19, 2001 98013 11.55 % 2001 20.00 100.68 8.9775 98013 11.55 % 2001 5.00 100.70 8.9068 98013 11.55 % 2001 10.00 100.675 8.9953 97009 1

Date of Auction : March 21, 2001 I.Notified amount: Rs.750.00 crore II.Bids received (a) Competitive bids Number:56 Amount:Rs.1280.75 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.91.78 IV.Competitive bids accepted Number:35 Amount:Rs.750.00 crore V.Partial Allotment Percentage:75.00 (5 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:91.8

March 21, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.70 on 21.03.2001. 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 YEN20 March, 200146.700066.612942.037038.0521 March, 200146.700067.110242.396638.0000Note : The reference rate is based on 12 noon rates of a few select banks in

The Department of Statistical Analysis & Computer Services of Reserve Bank of India has brought out the 'Basic Statistical Returns of Scheduled Commercial Banks in India - Summary Tables - March 2000' . The publication is based on Basic Statistical Returns collected from the offices of scheduled commercial banks. The booklet presents summary tables on number of employees, deposits and credit of scheduled commercial banks as at the end of March 2000. </P> Cop

The results of the RBI Repos/Reverse Repo auctions held on March 21, 2001 are : Item Repo 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 5000 1 10 2. Applications accepted for one day repo period (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) 1 5000 7.00 Nil NA NA

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 March 22, 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 11.00 a.m

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes     BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings158927442023334Lendings92612058594117260(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.367.40 (b) Range of rates6.00-8.406.90-8.002 Term Money Market*Volume(Turnover)Range of Rates16957.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate o

All Figures are in USD MillionsMerchantInterBank FCY/INRFCY/FCYFCY/INRFCY/FCYPositionSpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForwardDateCancel- ationCancel- ationPURCHASES26.02.2001407150160101585481,265864302941127.02.200149083983111377849497241399328.02.200141188134171269151,549116389941201.03.2001503112251216167591,689127356971402.03.200132665321318186461,235945841148SALES26.02.200138034465101495351,165674352901027.02.2001444194473211227529057543