The 10.50 per cent ten year State Development Loans in respect of ten State Governments opened for subscription for an aggregate notified amount of Rs.1650.00 crore on March 20, 2001. The subscriptions received aggregated Rs.1804.20 crore. Some subscriptions received at designated branches of State Bank of India/Associate Banks at District headquarters of the States are still being reported. As the loans of three States, viz. Andhra Pradesh, Himachal Pradesh and Tamilnadu were oversubscribed, partial allotments ranging from 66.27 per cent to 84.97 per cent have been made. Excess subscription in these cases is being refunded to the applicants.