(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings152858948024233Lendings123451935548619766(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.267.30 (b) Range of rates6.50-8.006.90-8.202 Term Money Market*Volume(Turnover)Range of Rates12426.00-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 7271at Bank Rate4. Liquidity Adj

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 February 28, 2001 the application for certificate of registration submitted by T.S. Finance & Investment Limited, T.S. Convent School, Kamaluaganga, Kaladhungi Road, Haldwani, Distt.Nainital (Uttaranchal).As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a

--------------------------------------------------------------------------- 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 27, 2001 13.82 % 2002 1.50 106.06 9.5317 Contract Date : February 28, 2001 12.50 % 2004 10.00 109.01 9.0654 12.00 % 2008 10.00 110.29 9.9533

The Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced two 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 5, 2001 (Monday) 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. on

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings1599010539026529Lendings143002305457421179(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.817.80 (b) Range of rates6.70-9.007.00-8.802 Term Money Market*Volume(Turnover)Range of Rates12719.30-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 6801at Bank Rate4. Liquidity Ad

--------------------------------------------------------------------------- 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 26, 2001 12.22 % 2008 0.10 109.40 10.3671 11.40 % 2008 10.00 107.855 9.8931 11.40 % 2008 5.00 107.86 9.8922 11.40 % 2008 5.00 107.88 9.8885

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

Following the announcement made by the Finance Minister in his Budget Speech for 2001-2002 the Reserve Bank has issued the following Notifications to liberalise the Capital Account for certain purposes:Indian companies wishing to make acquisitions of foreign companies or direct investment abroad in Joint Ventures/Wholly Owned Subsidiaries may now invest upto US $ 50 Million on an annual basis through Automatic Route without being subject to the three year profitabilit

The Development Research Group (DRG) in the Reserve Bank of India has brought out a study entitled "A Leading Index for India's Exports", the twenty-third in the DRG Study Series. The Study is authored by Dr. Pami Dua of the Delhi School of Economics and Dr. Anirvan Banerji of the Economics Cycles Research Institute (ECRI), USA.The DRG Study Series have an accent on policy-oriented research. They are released for wide circulation with a view to generating constructive

Date of Auction :March 2, 2001I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:17 Amount:Rs.162.00 crore (b) Non-competitive bids Number:1 Amount:200.00 crore III.Cut-off price:Rs.99.72 IV.Competitive bids accepted Number:13 Amount:Rs.100.00 crore V.Partial Allotment Percentage:51.56 (6 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:200.00 crore (b)Partial Allotment Percentage:N.A. VIII.Weighted Av