The Reserve Bank of India has announced the auction of 364 day Government of India treasury bills for a notified amount of Rs.750 crore. State Governments are allowed to participate as non-competitive bidders and 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

In consultation with the Government of India, the Reserve Bank of India has issued a notification (No.FEMA/35/2001-RB dated February 16, 2001) amending its earlier notification (No.FEMA/20/2000-RB dated May 3, 2000). With this notification, with immediate effect, facility for acquisition of shares and convertible debentures of Indian companies engaged in print media sector, by foreign venture capital investors, foreign institutional investors (FIIs), as also by non-re

February 16, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.54 on 16.02.2001. 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 YEN15 February, 200146.590067.939942.832540.0316 February, 200146.540067.513342.190840.2000Note : The reference rate is based on 12 noon rates of a few select

The Delhi High Court, on February 14, appointed the official liquidator of the Delhi High court as the Provisional Liquidator for M/s. Schematic Finance Ltd. with immediate effect. The Provisional Liquidator will immediately take charge of the company’s properties, assets, books of accounts, papers, vouchers and other documents. In the company application filed simultaneously by the Reserve Bank, the Hon’ble Justice has ordered for an ex-parte interim order restrainin

The results of the RBI Repos/Reverse Repo auctions held on February 16, 2001 are : Item Repo Auction (Sale of securities by RBI) Reverse Repo Auction (Purchase of securities by RBI) 1. Applications received for four day repo period (i) Number (ii) Amount (Face value in Rs. crore) Nil NA 8 615 2. Applications accepted for four day repo period (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) NA NA NA 6 575 10.00 P.V. Sadanandan Asst. Manager

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings152849903025187Lendings125132982363919134(ii) Interest RatesBorrowingsLendings (a)Weighted average rate8.808.82 (b) Range of rates8.00-9.208.60-10.002 Term Money Market*Volume(Turnover)Range of Rates18189.50-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 9411At 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 12, 2001 11.30 % 2010 5.00 106.66 10.1851 11.30 % 2010 5.00 106.64 10.1883 11.30 % 2010 5.00 106.70 10.1787 10.47 % 2015 5.00 100.35 10.4219

February 15, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.59 on 15.02.2001. 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 YEN14 February, 200146.600067.744842.902339.9515 February, 200146.590067.939942.832540.0300Note : The reference rate is based on 12 noon rates of a few select

The results of the RBI Repos/Reverse Repo auctions held on February 15, 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 3 3202. Applications accepted for one day repo period (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) NA NA NA Nil Nil Nil

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 February 16, 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