(Rs.crore) 2004 2005Variation ItemMar. 26Mar. 18Mar. 25#WeekYear123456Notes issued3,20,0123,61,2243,62,5051,28242,493Notes in circulation3,19,9873,61,2093,62,4871,27842,500Notes held in Banking Department2414184–6Deposits Central Government10110,4859,908–5769,807Market Stabilisation Scheme—64,21164,211—64,211State Governments4141943902902Scheduled Commercial Banks77,85688,1051,10,10321,99832,247Scheduled State Co-operative Banks2,0711,8191,763–56–308Other Banks4,7765,

Variation over Item As on Mar. 25, 2005 Week End-March2004 End-December 2004 Year Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. 1 2 3 4 5 6 7 8 9 10 11 Total Reserves 6,17,507 1,40,907 –3,436 –1,223 1,27,378 27,948 45,829 9,729 1,17,996 29,285 (a) Foreign Currency Assets 5,92,093 1,35,089 –3,362 –1,202* 1,25,878 27,641 46,627 9,925 1,17,394 28,964 (b) Gold 19,096 4,376 — — 880 178 –873 –206 130 186 (c) SDRs 20 5 — — 10 3 –2 — 10

(Rs. crore) Outstanding Variation over as on Financial year so far Year-on-year Item 2005 Fortnight Mar. 18# 2003-2004 2004-2005 2004 2005 1 2 3 4 5 6 7 Liabilities to the Banking System Demand and time deposits from Banks 36,772 417 –3,621 –62 –3,621 –62 Borrowings from Banks (1) 27,911 3,896 –4,612 12,885 –4,612 12,885 Other demand and time liabilities(2) 3,134 66 373 507 373 507 Liabilities to Others Aggregate deposits@ 17,19,947 20,505 2,23,563 2,15,531 2,23,563 2

(per cent per annum) 2004 2005 Item / week ended Mar. 19 Feb. 11 Feb. 18 Feb. 25 Mar. 4 Mar. 11 Mar. 18 1 2 3 4 5 6 7 8 Cash Reserve Ratio (per cent)(1) 4.50 5.00 5.00 5.00 5.00 5.00 5.00 Bank Rate 6.00 6.00 6.00 6.00 6.00 6.00 6.00 I.D.B.I.(2) 10.25 10.25 10.25 10.25 10.25 10.25 10.25 Prime Lending Rate(3) 10.25-11.00 10.25-10.75 10.25-10.75 10.25-10.75 10.25-10.75 10.25-10.75 10.25-10.75 Deposit Rate(4) 5.00-5.50 5.25-6.25 5.25-6.25 5.25-6.25 5.25-6.25 5.25-6.25 5.2

(Rs. crore) 2004 - 2005 2003 - 2004 Outstanding Variations Outstanding Variations as on (3) - (2) as on (6) - (5) 2004 2005 2003 2004 Item Mar. 19 Mar. 18 Mar. 21 Mar. 19 1 2 3 4 5 6 7 1. Bank Credit 8,40,785 10,92,091 2,51,306 7,29,215 8,40,785 1,11,570 (29.9) (15.3) A. Food Credit 35,961 41,121 5,159 49,479 35,961 –13,518 B. Non-Food Credit 8,04,824 10,50,970 2,46,146 6,79,736 8,04,824 1,25,088 (30.6) (18.4) [10,18,288] [2,13,464] [26.5] 2. Investments 88,985 90,641

Foreign 2004 2005 2004 2005 Currency Mar. 26 Mar. 21 Mar. 22 Mar. 23 Mar. 24 Mar. 25+ Mar. 26 Mar. 21 Mar. 22 Mar. 23 Mar. 24 Mar. 25+ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 RBI's Reference Rate (Rs. per Foreign Currency) Foreign Currency per Rs. 100@ U.S. Dollar 44.7300 43.6700 43.7700 43.7400 43.8300 (Based on Middle Rates) Euro 54.2400 57.9400 57.5800 57.2000 56.9500 FEDAI Indicative Rates (Rs. per Foreign Currency) U.S. { Buying 44.7250 43.6650 43.7600 43.7300 43.8200 2

(Rs. crore) Outstanding as on Variation over Financial year so far Year-on-year 2004 2005 Fortnight 2003-2004 2004-2005 2004 2005 Item Mar. 31# Mar. 18# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 20,03,102 22,65,328 27,305 1.2 2,84,898 16.6 2,62,226 13.1 2,81,843 16.4 2,62,470 13.1 M3 (22,61,759) (2,58,657) (12.9) (2,58,901) (12.9) Components (i+ii+iii+iv) (i) Currency with the Public 3,15,493 3,57,458 5,793 1.6 45,154 16.6 41,966 13.3

(Rs. crore) Outstanding as on Variation over Financial year so far Year-on-year 2004 2005 Week 2003-2004 2004-2005 2004 2005 Item Mar. 31 Mar. 25# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 Reserve Money 4,36,512 4,93,304 24,198 5.2 48,003 13.0 56,792 13.0 48,114 13.0 76,239 18.3 Components (i+ii+iii) (i) Currency in circulation 3,27,028 3,69,861 1,278 0.3 44,810 15.9 42,833 13.1 43,936 15.5 42,578 13.0 (ii) Bankers' deposits with RBI 1

(Rs. crore) Repo REPO (INJECTION) REVERSE REPO (ABSORPTION) Net injection(+)Outstanding LAF period Bids Received Bids Accepted Cut-Off Bids Received Bids Accepted Cut-Off absorption(-) ofAmount @ Date (Day(s)) Number Amount Number Amount Rate(%) Number Amount Number Amount Rate(%) liquidity (11-6) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Mar. 21, 2005 1 — — — — — 24 21,075 24 21,075 4.75 –21,075 21,075 Mar. 22, 2005 1 — — — — — 23 17,920 23 17,920 4.75 –17,920 17,920 Mar. 23,

(Rs. crore) Date of Date of Notified Bids Received Bids Accepted Devolvement on Total Weigh- Implicit Amount Auction Issue Amount Number Total Face Value Number Total Face Value PDs/SDs* RBI Issue ted Yieldat Outstanding Com- Non- Com- Non- (8+9+ Average Cut-off as on the petitive Com- petitive Com- 10+11) Price Price Date of Issue petitive petitive (per cent) (Face Value) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 2004-2005 Jun. 30 Jul. 2 2,000 50 4,023 — 38 2,000 — — — 2,0

(Rs. crore) Date of Date of Notified Bids Received Bids Accepted Devolvement on Total Weigh- Implicit Amount Auction Issue Amount Number Total Face Value Number Total Face Value PDs/SDs* RBI Issue ted Yieldat Outstanding Com- Non- Com- Non- (8+9+ Average Cut-off as on the petitive Com- petitive Com- 10+11) Price Price Date of Issue petitive$ petitive$ (per cent) (Face Value) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 2004-2005 Jul. 7 Jul. 9 2,000 64 4,485 29 29 2,000 29 — —

Fortnight Date Ended 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Mar. 5 Mar. 6 Mar. 7 Mar. 8 Mar. 9 Mar. 10 Mar. 11 Mar. 12 Mar. 13 Mar. 14 Mar. 15 Mar. 16 Mar. 17 Mar. 18 Mar. 18, 2005 89,187 1,78,373 2,84,556 3,90,547 4,89,367 5,82,046 6,78,094 7,74,038 8,69,981 9,65,203 10,55,239 11,46,097 12,35,841 13,23,464 Mar. 19 Mar. 20 Mar. 21 Mar. 22 Mar. 23 Mar. 24 Mar. 25 Mar. 26 Mar. 27 Mar. 28 Mar. 29 Mar. 30 Mar. 31 Apr. 1 Apr. 1, 2005 86,276 1,72,551 2,68,094 3,66,134 4,65,732

(Rs. crore) Fortnightended Total Amount Issuedduring Rate of Interest Outstanding # the fortnight # (percent)@ 1 2 3 4 Apr. 2, 2004 4,626 191 3.75 — 5.16 Jul. 9, 2004 5,529 166 4.14 — 6.75 Oct. 1, 2004 5,164 95 3.50 — 5.50 Jan. 7, 2005 7,033 563 3.91 — 6.26 Feb. 4, 2005 8,202 1,331 4.50 — 6.32 Feb. 18, 2005 9,214 1,165 4.25 — 6.12@: Effective interest rate range per annum.

(Rs. crore) Fortnightended Total Amount Reportedduring Rate of Interest Outstanding thefortnight (percent)@ 1 2 3 4 Apr. 15, 2004 9,590 810 4.66 — 6.20 Jul. 15, 2004 10,688 954 4.63 — 7.00 Oct. 15, 2004 10,712 542 4.95 — 7.25 Jan. 15, 2005 12,215 1,624 5.40 — 6.35 Feb. 28, 2005 13,069 611 5.37 — 7.33 Mar. 15, 2005 13,210 861 5.50 — 6.76@: Typical effective discount rate range per annum on issues during the fortnight.

2004 2005 Percentage Variation over Weight Mar. 13 Jan. 15* Mar. 12# Week Month End Year Items / Week ended March 1 2 3 4 5 6 7 8 9 ALL COMMODITIES 100.00 179.7 188.7 189.1 0.1 0.2 4.9 5.2 Primary Articles 22.02 180.9 184.8 185.2 0.2 –0.1 2.3 2.4 (i) Fruits and Vegetables 2.92 168.2 189.5 198.3 2.1 1.1 14.6 17.9 Fuel, Power, Light and Lubricants 14.23 262.4 288.0 289.0 — — 10.0 10.1 Manufactured Products 63.75 160.8 167.9 168.2 0.1 0.4 4.1 4.6 (i) Sugar, Khandsari and

2004 2005 Mar. 25 Mar. 21 Mar. 22 Mar. 23 Mar. 24 Mar. 25+ 1 2 3 4 5 6 7 BSE SENSEX (1978-79=100) 5414.44 6656.69 6535.45 6454.46 6442.87 S & P CNX NIFTY (3.11.1995=1000) 1704.45 2096.60 2061.60 2026.40 2015.40 +:Market closed.

(Rs. crore) WeekEnded Feb. 11, 2005 Feb. 18, 2005 Feb. 25, 2005 Mar. 4, 2005 Mar. 11, 2005 Mar. 18, 2005 Mar. 25, 2005 1 2 3 4 5 6 7 8 1. Banks (a) Borrowings 6,492 5,943 5,488 3,168 3,980 4,161 6,209 (b) Lendings 7,455 6,483 5,880 3,817 4,736 4,457 6,753 2. Primary Dealers (a) Borrowings 2,331 1,881 1,930 1,825 2,421 1,744 1,886 (b) Lendings 2 1 2 8 10 4 130 3. Non-Bank Institutions (a) Lendings 1,366 1,340 1,536 1,167 1,656 1,444 1,212 4. Total (a) Borrowings 8,823

(Rs. crore) WeekEnded Items Feb. 18, 2005 Feb. 25, 2005 Mar. 4, 2005 Mar. 11, 2005 Mar. 18, 2005 Mar. 25, 2005 1 2 3 4 5 6 7 I. Outright Transactions (a) Govt. of India Dated Securities 36,131 26,822 28,530 22,655 16,134 12,523 (b) State Government Securities 683 407 386 377 700 308 (c) 91 – Day Treasury Bills 3,819 6,729 7,240 3,289 5,187 4,490 (d) 364 – Day Treasury Bills 9,246 7,825 11,274 8,846 6,345 4,913 II. RBI* 13 24 355 9 — — @ :Excluding Repo Transactions. *

(US$ Million) Merchant Inter-bank FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Spot Forward Forward Spot Swap Forward Spot Swap Forward Cancel- Cancel- PositionDate lation lation 1 2 3 4 5 6 7 8 9 10 11 12 13 Purchases Mar. 7, 2005 833 248 78 33 196 252 1,507 1,566 80 1,108 401 8 Mar. 8, 2005 + Mar. 9, 2005 820 318 131 34 169 100 2,539 1,876 132 1,117 411 9 Mar. 10, 2005 911 515 157 23 245 160 2,059 2,031 176 1,276 425 55 Mar. 11, 2005 798 292 53 33 33

(Rs. crore) WeekEnded Feb. 19, 2005 Feb. 26, 2005 Mar. 5, 2005 Mar. 12, 2005 Mar. 19, 2005 Mar. 26, 2005 1 2 3 4 5 6 7 Amount 147.88 417.72 708.83 396.65 92.09 383.72 Source: National Stock Exchange of India Ltd.

(Rs. crore) Mar. 25, 2005 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 91 Day 364 Day (2+3+4) Week March (Intermediate) (Auction) (Auction) 1 2 3 4 5 6 7 Reserve Bank of India — — — — — — Banks — 21,176 40,564 61,740 15 42,346 State Governments 15,849 1,755 — 17,604 1,730 10,148 Others 101 4,861 6,568 11,530 –98 –2,726

(Face Value in Rs. crore) Gross Amount Raised Net Amount Raised 2004-2005 2003-2004 2003-2004 2004-2005 2003-2004 2003-2004 (Upto (Upto (Upto (Upto Mar. 25, 2005) Mar. 26, 2004) Mar. 25, 2005) Mar. 26, 2004) 1 2 3 4 5 6 7 1. Total 1,05,350$ 1,35,934 1,35,934 71,034 $ 88,807 88,807 of which : 1.1 Devolvement/Private Placement on RBI 1,197 21,500 21,500 2. RBI's OMO Sales 2,857 41,849 41,849 Purchases — — — $ : Includes Rs.25,000 crore under Market Stabilisation Scheme.

(Amount in Rs. crore) For the Week Ended Mar. 18, 2005 For the Week Ended Mar. 25, 2005 Item Amount YTM (%PA) Indicative** Amount YTM (%PA) Indicative** Minimum Maximum Minimum Maximum 1 2 3 4 5 6 7 I. OutrightTransactions 1. Govt. of India Dated Securities Maturing in the year 2004-05 — — — — — — 2005-06 459 5.2726 5.6720 117 5.4599 5.6067 2006-07 340 5.6284 5.9916 310 5.6988 5.9003 2007-08 540 5.9139 5.9713 945 5.8995 5.9631 2008-09 352 6.1344 6.6693 378 6.1367 6.21