--------------------------------------------------------------------------- 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 : July 03, 2001 97011 11.15 % 2002 5.00 103.55 7.8694 97011 11.15 % 2002 10.00 103.55 7.8694 97011 11.15 % 2002 25.00 103.55 7.8694 97011 11.

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market* (i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings14961.0010474.00 25435.00Lendings15959.002446.006303.0024708.00(ii) Interest RatesBorrowingsLendings (a)Weighted average rate6.846.95 (b) Range of rates5.49-7.203.65-7.302 Term Money Market*Volume(Turnover)Range of RatesBorrowings70.008.00-9.50Lendings236.007.75-9.253. Standing Liquidity Facility Availed from RBI $ Amo

'Banking Statistics: Quarterly Handout – March 2001' providing data on Aggregate Deposits and Gross Bank Credit of Scheduled Commercial Banks as on 31st March 2001, with various classifications, has been published by Reserve Bank of India. The primary data have been collected from all scheduled commercial banks through the BSR-7 return. Data have been presented according to top hundred centres, population groups, districts, states and bank groups. The top hundred cent

Application Forms The Government of India have announced sale (re-issue) by auction of two dated securities viz., "9.81 percent Government Stock, 2013" for an aggregate amount of Rs 4,000 crore (nominal) and "10.25 percent Government Stock, 2021" for an aggregate amount of Rs 3,000 crore (nominal). Both the auctions will be price based and will be conducted by the Reserve Bank of India (RBI) at Mumbai Office on Saturday, July 7, 2001. Bids in the prescribed form obtai

July 5, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.13 on 5.07.2001. 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 YEN04 July, 200147.110066.241439.930437.7505 July, 200147.130066.295439.784837.5800Note : 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 July 05, 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) 6 11,780 Nil NA 2. Applications accepted for one day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) 6 }2 partial (50%) 4 full 5930 6.50 NA NA NA 3. Weig

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 July 6, 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 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 InstitutionsTotalBorrowings15491.0011125.00 26616.00Lendings18051.002281.005179.2525511.25(ii) Interest RatesBorrowingsLendings (a)Weighted average rate6.946.95 (b) Range of rates5.52-7.405.52-7.502 Term Money Market*Volume(Turnover)Range of RatesBorrowings71.006.00-8.10Lendings200.0010.30-11.003. Standing Liquidity Facility Availed from RBI $ 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 : June 29, 2001 00015 11.43 % 2015 5.00 111.86 9.8531 01004 10.45 % 2018 5.00 105.52 9.7719 Contract Date : June 30, 2001 00016 11.40 % 2008

The Reserve Bank of India has advised that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Maars Software International Ltd. and M/s.Infosys Technologies Ltd. up to 40 and 49 per cent respectively. Both companies have passed resolutions at their Board of Directors ' meetings and Special Resolutions in their General Body meetings agreeing for the purchase of their equity shares and convertible debentures by FIIs