March 28, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs. 46.62 on 28.03.2001. 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 YEN27 March, 200146.630066.932741.759538.1028 March , 200146.620066.818141.666638.1700Note : The reference rate is based on 12 noon rates of a few select banks in

The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on March 24, 2001 the application for certificate of registration submitted by Akanksha Impex Limited, 35 E-10/B, Rampur Gardens, Civil Lines, Bareilly 243 001, Uttar Pradesh. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 IA of the Reserve Ba

The results of the RBI Repos/Reverse Repo auctions held on March 28, 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) Nil NA 28 36302. Applications accepted for one day repo period (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) Nil NA NA 27 3580 9.00

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 29, 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

--------------------------------------------------------------------------- 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 23, 2001 98019 11.68 % 2002 10.00 103.20 9.1216 94010 11.55 % 2002 10.00 103.61 9.1187 98004 11.10 % 2003 10.00 103.48 9.1847 94003 1

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings85071557010064Lendings6624107212308926(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.787.85 (b) Range of rates6.80-9.007.00-9.002 Term Money Market*Volume(Turnover)Range of Rates22088.15-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 9003at Bank Rate4. Liquidity Adjust

March 27, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.63 on 27.03.2001. 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 YEN23 March, 200146.670066.353141.494337.9927 March, 200146.630066.932741.759538.1000Note : The reference rate is based on 12 noon rates of a few select banks in

The results of the RBI Repos/Reverse Repo auctions held on March 27, 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) Nil NA 7 1285 2. Applications accepted for one day repo period (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) Nil NA NA 7 1285 9.00

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 28, 2001 (Wednesday) 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.

--------------------------------------------------------------------------- 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 94003 12.50 % 2004 5.00 108.38 9.2469 94003 12.50 % 2004 5.00 108.35 9.2580 94003 12.50 % 2004 10.00 108.375 9.2488 94003 12