(Rs. crore)Item1999 2000Variation Jan. 8Dec. 31 Jan. 7WeekYear123 456Notes in circulation1,67,0111,95,9461,96,42748129,416 Notes issued1,67,0321,95,9831,96,45747429,425 Notes held in Banking Department2137 30-79Deposits : Central Government51100 101150 State Governments841 41—33 Scheduled Commercial Banks71,07759,441 64,7885,347-6,289 Scheduled State Co-operative Banks736730 7673731 Other Banks1,1881,108 1,22111333 Others5,5945,675 5,526-149-68Other liabilities62,6356

Variation over As on Jan. 14, 2000WeekEnd- March 1999End- December 1999YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011 Total Reserves1,52,76035,101-22-1214,7552,61181716623,6134,643of which : (a) Foreign Currency Assets1,39,95132,158-22-1214,5392,63681716623,6434,722 (b) Gold12,7912,939——232-21——-17-76 (c) SDRs184——-16-4——-13-3 Note: 1. Foreign currency assets expressed in US dollar terms include the effect of reva

(Rs. crore) Outstanding as on Variation over Item 1999 Financial year so farYear-on-year Dec. 31#Fortnight 1998-991999-2000199819991 23 4 567 Liabilities to the Banking System Demand and time deposits from banks35,792914 5,050 3,3827,9987,059Borrowings from Banks(1) 11,742-22 4,402 -3293,338181Other demand and time liabilities(2) 1,018239 -899 296104471Liabilities to Others Aggregate deposits 7,88,099 @10,248 79,899 74,0731,21,0951,09,715 (1.3) (13.4) (10.4)(21.7)(16.

(per cent per annum) 19992000Item / week ended Jan. 8Dec. 10Dec. 17Dec. 24Dec. 31Jan. 71 234567Bank Rate 9.008.008.008.008.008.00I.D.B.I.1 14.0013.5013.5013.5013.5013.50Prime 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)48.50/9.507.50/8.257.25/8.057.75/8.104.25/8.106.00/8.40 1. Medium Term Lending Rate (MTLR).2. Prime Lending Rate rela

(Rs. crore) 1999-20001998-99 OutstandingVariationsOutstanding Variations as on(3) - (2)as on (6) - (5) Item 19991999 19981999 Mar. 26Dec. 31 Mar. 27Jan. 1 1 23456 7 1.Bank Credit 3,68,8374,10,46441,6263,24,0793,47,04322,964 (11.3) (7.1) A.Food Credit 16,81625,5988,78212,48516,101 3,616 B.Non-Food Credit 3,52,0213,84,86532,8443,11,5943,30,94219,348 (9.3) (6.2) 2.Investments 48,33557,574 @@9,23932,46744,262+11,796 A.Commercial Paper 4,0135,7821,7682,4284,663 2,235 B.Bon

Foreign 1999 2000 1999 2000 Currency Jan. 15Jan. 10Jan. 11Jan. 12Jan. 13Jan. 14Jan. 15Jan. 10Jan. 11Jan. 12Jan. 13Jan. 141234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100@ 42.470043.530043.520043.530043.530043.5200 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying42.470043.520043.515043.520043.525043.52002.35462.29732.29782.29732.29732.2978DollarSelling42.480043.530043.525043.530043.535043.

(Rs. crore) Outstanding as on Variation over Financial year so farYear-on-year 1999Fortnight1998-991999-200019981999 Item Mar. 31#Dec. 31#Amount%Amount%Amount%Amount%Amount% 1 2345678910111213 M 3 9,72,204*10,88,59613,8591.31,06,183*12.91,16,392*12.01,57,931*20.51,61,082*17.4 (10.7) (12.2) (18.2) (17.7) Components (i+ii+iii+iv) (i)Currency with the Public 1,69,3821,92,9992,7551.414,84510.223,61613.919,00213.432,57520.3(ii)Demand deposits with banks 1,35,1111,33,0202,6

(Rs. crore) Outstanding Variation over as on Financial year so far 19992000 Week1998-991999-2000Year ItemMar. 31#Jan. 7#Amount%Amount%Amount%Amount%123 4567891011 Reserve Money2,59,3712,70420 5,8292.220,7259.211,0494.323,2939.4 Components (i+ii+iii) (i)Currency in circulation1,75,8462,00,506 4810.219,66013.024,66014.029,79017.5 of which : cash with banks6,464.. (ii)Bankers' deposits with RBI79,70366,776 5,4989.01,1961.7-12,927-16.2-6,225-8.5 (iii)"Other" deposits with

(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)PricePriceDateofIssue petitive petitive (per cent)(Face Value)1 2 34567891011121314151999-2000 Apr.1Apr.31008190—6100 ———10099.707.8235200 Jul.2Jul.310018330200 15100200——30099.688.6084600 Oct.1

(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)PricePriceDateofIssue petitive petitive (per cent)(Face Value)1 2 345 67891011121314151999-2000 Apr.1Apr.310010130 20910020——12097.868.74721,520 Jul.2Jul.310014119 2577325—2712597.739.29093,505

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids 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 2 345 6789 10111213141999-2000 Oct.13Oct.1410015114 ———— 10010095.299.88561,700 @Nov.24Nov.2510013124 —10100— —10095.339.88561,900 Dec.8Dec.

(Rs. crore)Date ofDate ofNotifiedBids Received Bids Accepted Devolvement 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 2 345 6789 1011121314151999-2000 Apr.7Apr.9500411,325 —13500— ——50090.959.974710,700Jul.14Jul.1550031611 —12218— —28250090.

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding #the for tnight #(per cent)@1 234Jan.1, 19993,667621 8.00 — 17.35Apr.9, 19993,49467 7.00 — 12.50Jul.2, 19992,11130 6.25 — 11.50Oct.8, 19991,868101 6.75 — 11.00Nov.19, 19991,45356 7.50 — 11.25Dec.3, 19991,49873 8.00 — 11.00 @ : Effective interest rate range per annum.

(Rs. crore)Fortnight ended Total Amount Reported duringRate of Interest Outstanding the fortnight(per cent)@1 2 34Jan.15, 1999 5,411 1,215 9.75 — 13.00Apr.15, 1999 5,029 1,386 9.15 — 12.00Jul.15, 1999 6,311 754 9.30 — 12.00Oct.15, 1999 6,689 1,104 9.91 — 11.75Dec.15, 1999 7,565 1,618 10.00 — 12.40Dec.31, 1999 7,803 1,687 9.90 — 12.27 @ : Typical effective discount rate range per annum on issues during the fortnight.

19992000Percentage Variation overItem / Week endedWeightJan. 2Nov. 6*Jan. 1#WeekMonthEndYear March 123456789ALL COMMODITIES100.00355.2369.9364.8-0.1-0.33.32.7Primary Articles32.30382.3401.9387.5-0.4-0.83.41.4(i)Fruits and Vegetables4.09418.8467.7416.7-1.0-1.11.5-0.5 Fuel, Power, Light and Lubricants10.66382.1438.3438.3-0.212.214.7 Manufactured Products57.04334.8339.0338.20.1-1.21.0(i)Sugar, Khandsari and Gur4.06296.7318.0300.00.4-1.04.11.1(ii)Edible Oils2.45364.6301.5

19992000 Jan. 14Jan. 10Jan. 11Jan. 12Jan. 13Jan. 141 234567 BSE SENSEX (1978-79=100)3,292.285,518.395,296.305,491.205,444.825,471.27S & P CNX NIFTY (3.11.1995=1000)954.751,632.951,572.501,624.801,621.401,622.75

(Rs. crore) Fortnight Ended Aug. 27, '99 Sep. 10, '99 Sep. 24, '99 Oct. 8, '99 Oct. 22, '99 Nov. 5, '99 Nov. 19, '99 1 2 3 4 5 6 7 8 1. Banks (a) Borrowing 11,035 11,395 12,437 12,408 13,494 12,817 12,152 (b) Lending 10,073 8,077 8,720 9,865 8,269 8,493 10,953 2. Primary Dealers (a) Borrowing 4,937 4,684 4,108 4,555 3,832 5,133 6,358 (b) Lending 1,732 1,475 1,813 1,931 1,944 1,795 1,776 3. Non-Bank Institutions (a) Lending 3,809 4,501 4,308 4,583 5,860 4,627 5,138

(Rs. crore) Week Ended Item / Week ended Dec. 10, '99 Dec. 17, '99 Dec. 24, '99 Dec. 31, '99 Jan. 7, 2000 Jan. 14, 2000 1 2 3 4 5 6 7 I. Outright Transactions (a) Govt. of India Dated Securities 23,770 9,181 14,426 9,845 13,997 16,570 (b) State Goverment Securities 42 23 90 217 77 15 (c) 14 - Day Treasury Bills 229 40 370 210 552 152 (d) 91 - Day Treasury Bills 528 306 404 176 557 595 (e) 182 - Day Treasury Bills 345 113 199 148 382 343 (f) 364 - Day Treasury Bills 1,

(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- Position Date lation lation 1 2 3 4 5 6 7 8 9 10 11 12 13 Purchases Dec. 27, 1999 320 40 11 4 14 12 335 299 58 205 135 32 Dec. 28, 1999 466 73 31 19 20 11 342 388 32 196 104 20 Dec. 29, 1999 329 82 24 8 14 8 333 611 79 73 76 23 Dec. 30, 1999 276 54 18 9 23 6 201 246 27 81 52 30 Dec. 31, 1999 84 14 2 2 - 1 8

(Rs. crore) Week Ended Dec. 11, '99 Dec. 18, '99 Dec. 24, '99 Jan. 1, 2000 Jan. 8, 2000 Jan. 15, 2000 1 2 3 4 5 6 7 Amount 9.79 12.47 17.02 1.76 16.37 0.39 Source : National Stock Exchange of India Ltd.

1999 2000 Item As on Friday Jan. 15 Dec. 17 Dec. 24 Dec. 31 Jan. 7 Jan. 14 1 2 3 4 5 6 7 8 Standard Gold Opening 4,360 4,440 4,510 4,530 4,460 4,475 (Rs. per 10 grams) Closing 4,350 4,440 4,510 4,530 4,470 4,480 Silver (999.0 fineness) Opening 7,740 8,115 8,125 8,260 8,080 8.050 (Rs. per kilogram) Closing 7,750 8,125 8,160 8,225 8,090 8,065 Note : In case Friday is a holiday, prices relate to the preceding working day. Source : Bombay Bullion Association Ltd.

(Rs. crore) January 14, 2000 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 14 Day 91 Day 182 Day 364 Day (2+3+4+ Week March (Auction) (Intermediate) (Auction) (Auction) (Auction) 5+6) 1 2 3 4 5 6 7 8 9 Reserve Bank of India — — 273 444 3,542 4,259 -267 3,445 Banks 147 — 601 593 8,563 9,904 -156 1,304 State Governments 150 588 — 600 — 1,338 13 -5,265 Others 53 76 501 263 2,145 3,039 133 -916

(Devolvement / Private Placement on RBI and OMO Sales/ Purchases) (Face Value in Rs. crore) Gross Amount Raised Net Amount Raised 1999-2000 1998-99 1998-99 1999-2000 1998-99 1998-99 (Upto (Upto (Upto (Upto Jan. 14, 2000) Jan. 15, 1999) Jan. 14, 2000) Jan. 15, 1999) 1 2 3 4 5 6 7 1. Total 78,630 75,753 83,753 65,276 65,950 68,950 of which : 1.1 Devolvement/Private Placement on RBI 27,000 33,205 38,205 2. RBI's OMO Sales 28,274 17,921 26,348 Purchases 50 — —

(Amount in Rs. crore) For the Week Ended January 7, 2000 For the Week Ended January 14, 2000 Item Amount YTM (%PA) Indicative Amount YTM (%PA) Indicative Minimum Maximum Minimum Maximum 1 2 3 4 5 6 7 I. Outright Transactions 1. Govt. of India Dated Securities Maturing in the year 1999-2000 57 8.6097 9.0178 80 8.6572 9.6045 2000-01 212 9.0985 10.3241 436 9.2128 10.3864 2001-02 165 10.1092 10.3359 385 10.2690 10.4823 2002-03 $ 260 10.2841 10.4434 242 10.3395 10.4633 200