(Rs. crore)Item1998 1999Variation over Dec. 11Dec. 3Dec. 10WeekYear123456Notes in circulation1,64,6411,91,0831,93,5812,49828,940Notes issued1,64,6761,91,1271,93,6262,49928,950Notes held in Banking Department344445111Deposits : Central Government51100101150State Governments124141—29Scheduled Commercial Banks72,85754,92161,4606,539-11,397Scheduled State Co-operative Banks781947773-174-8Other Banks1,1391,4001,309-91170Others5,5885,7045,435-269-153Other liabilities60,1716

Variation over As on Dec. 17, 1999WeekEnd- March 1999End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. Crore US$ Mn.1234567891011 Total Reserves1,49,59934,3893906811,5941,89921,7454,33323,0654,643of which : (a) Foreign Currency Assets1,36,39231,3473906810,9801,82521,6994,38922,9674,676 (b) Gold13,1893,038——6307838123226-3 (c) SDRs184——-16-4-335-79-128-30 Note : 1. Foreign currency assets expressed in US dollar terms include

(Rs. crore) Outstanding as onVariation overItem 1999 Financial year so farYear-on-year Dec. 3#Fortnight1998-991999-2000199819991 234567Liabilities to the Banking System Demand and time deposits from banks34,2952584,6551,8856,4775,958Borrowings from Banks(1) 11,860-8184,402-2124,019298Other demand and time liabilities(2)688-153-852-34-86495Liabilities to Others Aggregate deposits 7,74,962@5,33274,28160,9371,20,8831,02,197 (0.7)(12.4)(8.5)(21.9)(15.2) [9.4][8.8][18.7][1

(Per cent per annum) 1998 1999 Item / week endedDec. 11Nov. 12Nov. 19Nov. 26Dec. 3Dec. 101234567Bank Rate9.008.008.008.008.008.00I.D.B.I.114.0013.5013.5013.5013.5013.50Prime Lending Rate212.75-13.0012.00-12.5012.00-12.5012.00-12.5012.00-12.5012.00-12.50Deposit Rate39.00-11.508.00-10.508.00-10.508.00-10.508.00-10.508.00-10.50Call Money Rate (Low / High)47.90/8.207.90/8.907.50 /8.507.60/8.604.25/8.107.50/8.25 1. Medium Term Lending Rate (MTLR).2. Prime Lending Rate rela

(Rs. crore) 1999-20001998-99 OutstandingVariationsOutstandingVariations as on(3) - (2)as on(6) - (5) Item 19991999 19981998 Mar. 26Dec. 3 Mar. 27Dec. 4 1 2345 67 1.Bank Credit 3,68,8373,96,20427,3673,24,0793,37,58013,501 (7.4) (4.2) A.Food Credit 16,81624,0237,20712,48516,0063,520 B.Non-Food Credit 3,52,0213,72,18020,1593,11,5943,21,5749,981 (5.7) (3.2) 2.Investments 48,19755,897 @@7,70031,72742,620+10,893 A.Commercial Paper 4,0135,0019881,9934,4042,411 B.Bonds/Debent

Foreign 1998199919981999Currency Dec. 18Dec. 13Dec. 14Dec. 15Dec. 16Dec. 17Dec. 18Dec. 13Dec. 14Dec. 15Dec. 16Dec. 171234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100@ 42.540043.480043.540043.540043.520043.5100 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying42.540043.480043.540043.530043.515043.50002.35072.29992.29672.29672.29782.2983DollarSelling42.550043.490043.550043.540043.525043.5100

(Rs. crore) Outstanding as on Variation over Item Financial year so far Year-on-year 1999Fortnight1998-991999-20001998 1999 Mar. 31#Dec. 3#Amount%Amount%Amount%Amount%Amount% 1 2345678910111213 M3 9,72,204*10,67,1244,0390.497,842*11.994,919*9.81,51,090*19.71,47,950*16.1 (9.7) (9.9) (17.3)(16.4)Components (i+ii+iii+iv) (i)Currency with the Public 1,69,3821,88,805-1,521-0.815,77510.819,42211.515,48410.627,45117.0 (ii)Demand deposits with banks 1,35,1111,30,3151,8691.5-3

(Rs. crore) OutstandingVariation over as on Item Financial year so far 1999Week1998-991999-2000Year Mar. 31#Dec. 10#Amount%Amount%Amount%Amount%1234567891011 Reserve Money2,59,3712,64,2508,5033.320,1028.94,8791.917,7467.2 Components (i+ii+iii) (i) Currency in circulation1,75,8461,97,6602,4981.317,25611.421,81412.429,34917.4 of which : cash with banks6,464.. (ii) Bankers' deposits with RBI79,70363,5436,27411.02,9724.1-16,161-20.3-11,235-15.0 (iii) "Other" deposits with

(Rs. crore)Date ofDate ofNotified Bids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmountNumberTotal Face ValueNumberTotal Face ValuePDs/SDs*RBIIssuetedYield atOutstanding Com-Non- Com-Non- (8+9+AverageCut-offas on the petitiveCom- petitiveCom- 10+11)PricePriceDate of Issue petitive petitive (per cent)(Face Value)1 2 34567891011121314151999-2000 Apr.1Apr.31008190—6100———10099.707.8235200 Jul.2Jul.31001833020015100200——30099.688.6084600 Oct.

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmountNumberTotal Face ValueNumberTotal Face ValuePDs/SDs*RBIIssuetedYield atOutstanding Com-Non- Com-Non- (8+9+AverageCut-offas on the petitiveCom- petitiveCom- 10+11)PricePriceDate of Issue petitive petitive (per cent)(Face Value)1 2 34567891011121314151999-2000 Apr.1Apr.31001013020910020——12097.868.74721,520 Jul.2Jul.3100141192577325—2712597.739.29093,505 O

(Rs. crore)Date ofDate ofNotifiedBids Received Bids AcceptedDevolve-TotalWeigh-ImplicitAmountAuctionIssueAmountNumberTotal Face ValueNumberTotal Face ValuementIssuetedYield atOutstanding Com-Non- Com-Non-on(8+9+10)AverageCut-offas on the petitiveCom- petitiveCom-RBI PricePriceDate of Issue petitive petitive (per cent)(Face Value)1 2 34567891011121314 1999-2000 Oct.13Oct.1410015114————10010095.299.88561,700@Oct.27Oct.2810019146—346—5410095.299.88561,800 Nov.8Nov.111001

(Rs. crore)Date ofDate ofNotified Bids Received Bids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmountNumberTotal Face ValueNumberTotal Face ValuePDs/SDs*RBIIssuetedYield atOutstanding Com-Non- Com-Non- (8+9+AverageCut-offas on the petitiveCom- petitiveCom- 10+11)PricePriceDate of Issue petitive$ petitive$ (per cent)(Face Value)1 2 3456789101112131415 1999-2000 Apr.7Apr.9500411,325—13500———50090.959.974710,700Jul.14Jul.1550031611—12218——28250090.6410.3

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding #the fortnight #(Per cent)@1 234Jan.1, 19993,6676218.00 — 17.35Apr.9, 19993,494677.00 — 12.50Jul.2, 19992,111306.25 — 11.50Oct.8, 19991,8681016.75 — 11.00Oct.22, 19991,754546.75 — 13.40Nov.5, 19991,705818.25 — 11.93@ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal AmountRepor ted duringRate of Interest Outstandingthe fortnight(Per cent)@1 234Jan.15, 19995,4111,215 9.75 — 13.00 Apr.15, 19995,0291,386 9.15 — 12.00 Jul.15, 19996,311754 9.30 — 12.00 Oct.15, 19996,6891,104 9.91 — 11.75 Nov.15, 19996,1531,294 9.40 — 12.50 Nov.30, 19996,5241,687 10.00 — 12.80 @ : Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation overItem / Week endedWeightDec. 5Oct. 9*Dec. 4#WeekMonthEndYear March 123456789ALL COMMODITIES100.00357.1368.8365.8-0.3-1.23.52.4Primary Articles32.30392.0399.6390.7-0.6-3.24.2-0.3(i) Fruits and Vegetables4.09498.4457.0421.3-2.5-13.82.6-15.5Fuel, Power, Light and Lubricants10.66382.1434.4437.4—0.112.014.5Manufactured Products57.04332.7339.1338.3-0.2-0.21.21.7(i) Sugar, Khandsari and Gur4.06293.5316.8303.0-2.1-3.45.23.2(ii) Edible Oils2.453

19981999 Dec. 17Dec. 13Dec. 14Dec. 15Dec. 16Dec. 171 234567BSE SENSEX (1978-79=100)2,864.444,802.964,690.784,665.564,710.494,675.85S & P CNX NIFTY (3.11.1995=1000)830.251,427.651,398.251,401.401,419.701,419.30Note : NSE - 50, i.e. Nifty has since been rechristened as 'S & P CNX Nifty' with effect from July 28, 1998.

(Rs. crore) Fortnight Ended Jul. 16, '99Jul. 30, '99Aug. 13, '99Aug. 27, '99Sep. 10, '99Sep. 24, '99Oct. 8, '991 23456781.Banks (a)Borrowing10,33311,37111,82311,03511,39512,43712,408 (b)Lending7,9498,79310,37610,0738,0778,7209,8652.Primary Dealers (a)Borrowing5,3816,4946,0314,9374,6844,1084,555 (b)Lending1,7882,0781,7911,7321,4751,8131,9313.Non-Bank Institutions (a)Lending5,6665,6584,1903,8094,5014,3084,583

(Rs. crore) Week Ended ItemsNov. 12, '99Nov. 19, '99Nov. 26, '99Dec. 3, '99Dec. 10, '99Dec. 17, '99 1234567I. Outright Transactions (a)Govt. of India Dated Securities10,53828,39817,41524,57923,7709,181(b)State Goverment Securities352091163434223(c)14 - Day Treasury Bills13813832223022940(d)91 - Day Treasury Bills127251228409528306(e)182 - Day Treasury Bills16521149271345113(f)364 - Day Treasury Bills3099012731,4341,949684II. RBI*—3,510—0.35——@ : Excluding Repo Transac

(US$ Million) MerchantInter-bank FCY/INRFCY/FCYFCY/ INRFCY/FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 12345678910111213Purchases Dec.6, 19993118015214111432533693927819 Dec.7, 199921710512254325466543774578227 Dec.8, 1999195797301312463462903988014 Dec.9, 19993396824194033455418704326620 Dec.10, 199947946143936144382586640915119 Sales Dec.6, 19993547413224415360525824208916 Dec.7, 1999223753030421

(Rs. crore) Week Ended Nov. 13, '99Nov. 20, '99Nov. 27, '99Dec. 4, '99Dec. 11, '99Dec. 18, '991234567Amount0.148.330.6728.249.7912.47 Source: National Stock Exchange of India Ltd.

1998 1999 ItemAs on FridayDec. 18Nov. 19Nov. 26Dec. 3Dec. 10Dec. 1712345678Standard GoldOpening4,3004,6304,6604,5004,4104,440(Rs. per 10 grams) Closing4,3004,6204,6654,4804,3854,440 Silver (999.0 fineness)Opening7,3958,0558,1258,0258,0258,115(Rs. per kilogram) Closing7,4008,0408,1308,0008,0358,125Note : In case Friday is a holiday, prices relate to the preceding working day.Source : Bombay Bullion Association Ltd.

(Rs. crore)HoldersDecember 17, 1999Variation in Total Treasury Bills Treasury Bills of Different Maturities TotalOver theOver End 14 Day14 Day91 Day182 Day364 Day(2+3+4+WeekMarch (Auction)(Intermediate)(Auction)(Auction)(Auction)5+6) 123456789Reserve Bank of India——5764443,7064,726-703,912 Banks80—4754868,6009,640-6641,040 State Governments2501,065—600—1,915-572-4,688 Others1221342993702,1943,120406-835

(Devolvement / Private Placement on RBI and OMO Sales/ Purchases) (Face Value in Rs. crore) Gross Amount RaisedNet Amount Raised 1999-20001998-991998-991999-20001998-991998-99 (Upto(Upto (Upto(Upto Dec. 17, 1999)Dec. 18, 1998) Dec. 17, 1999)Dec. 18, 1998) 1234561.Total73,63075,75383,75362,27665,95068,950 of which : 1.1Devolvement/Private Placement on RBI27,00030,20538,205 2. RBI's OMO Sales28,20514,91126,348 Purchases50——

(Amount in Rs. crore) For the Week Ended December 10, 1999For the Week Ended December 17, 1999ItemsAmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 234567I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1999-20003238.74899.97842577.99969.9438 2000-017659.266710.29874479.182110.2625 2001-0269910.053310.469346810.276310.4820 2002-03 $67510.188610.480320110.357410.5775 2003-0495010.344510.793814510.471610.