(Rs. crore) 19981999Variation over Item Mar. 6Feb. 26Mar. 5WeekYear 123456Notes in circulation1,49,4561,69,9691,73,7123,74324,256 Notes issued1,49,4781,70,0041,73,7423,73824,264 Notes held in Banking Department213630-69Deposits : Central Government505050—— State Governments111111—— Scheduled Commercial Banks59,75469,88470,29841410,544 Scheduled State Co-operative Banks57672373916163 Other Banks9511,1511,1532202 Others4,2665,3885,101-287835 Other liabilities47,97261,93

Variation over As on Mar. 12, 1999WeekEnd- March 1998End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011Total Reserves1,31,17330,92047615,2681,5533,31986421,2153,106of which : (a) Foreign Currency Assets1,18,51527,94147616,0081,9663,82298322,0243,554 (b) Gold12,6242,971——-770-420-184-44-788-442 (c) SDRs348——307-319-75-21-6Note : 1. Foreign currency assets expressed in US dollar terms include the effec

(Rs. crore) Outstanding as on Variation over Item1999 Financial year so far Feb. 26#Fortnight1997-981998-99Year 123456Liabilities to the Banking System Demand and time deposits from banks29,6721673,6965,9908,580 Borrowings from Banks(1)13,1902,4943,0296,0306,902 Other demand and time liabilities(2)750-651,132-695-921Liabilities to Others Aggregate deposits6,95,207 @3,48974,71589,7971,14,893 (0.5)(14.8)(14.8)(19.8) Demand1,02,233660405-28011,218 Time5,92,974 @2,82974,3

(Per cent per annum) 1998 1999 Item / week endedMar. 6Feb. 5Feb. 12Feb. 19Feb. 26Mar. 51234567Bank Rate11.009.009.009.009.008.00I.D.B.I.114.5014.0014.0014.0014.0014.00Prime Lending Rate214.0012.75-13.0012.75-13.0012.75-13.0012.75-13.0012.00-13.00Deposit Rate310.00-12.009.00-11.509.00-11.509.00-11.509.00-11.509.00-11.50Call Money Rate (Low / High)47.00/9.358.65/9.407.00/ 9.608.75/9.507.15/9.757.50 / 9.351. Medium Term Lending Rate (MTLR).2. Prime Lending Rate relates t

(Rs. crore) 1998-99 1997-98 OutstandingVariationsOutstandingVariations as on(3) - (2)as on(6) - (5) Item19981999 19971998 Mar. 27Feb. 26 Mar. 28Feb. 27 1 2345671.Bank Credit3,24,0793,52,04727,9692,78,4013,13,45635,054 (8.6) (12.6) A.Food Credit12,48517,3364,8517,59712,8685,271 B.Non-Food Credit3,11,5943,34,71123,1172,70,8053,00,58729,783 (7.4) (11.0) 2.Investments31,91247,448 @15,53618,48433,099+14,616 A.Commercial Paper2,0454,6772,6326644,4393,775 B.Bonds/Debentures/

Foreign 1998 1999 1998 1999 Currency Mar. 12Mar. 8Mar. 9Mar. 10Mar. 11Mar. 12Mar. 12Mar. 8Mar. 9Mar. 10Mar. 11Mar. 121234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100 @ 39.510042.500042.470042.440042.450042.4300 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying39.490042.495042.460042.435042.440042.43002.53102.35292.35462.35632.35572.3568DollarSelling39.500042.505042.470042.445042.450042.440

(Rs. crore) Outstanding Variation over as on Item Financial year so far 19981999Fortnight1997-981998-99Year Mar. 31#Feb. 26#Amount%Amount%Amount%Amount% 1234567891011M3 8,25,3899,45,5061,3830.194,20713.41,20,11614.61,49,45018.8 Components (i+ii+iii+iv) (i)Currency with the Public1,45,1821,68,019-2,184-1.312,7489.722,83715.723,18416.0(ii)Demand deposits with banks1,18,4351,17,9147240.6-92-0.1-521-0.412,67212.0(iii)Time deposits with banks5,58,1676,56,3472,7140.482,0771

(Rs. crore) Outstanding Variation over as on Item Financial year so far 19981999Week1997-981998-99Year Mar. 31#Mar. 5#Amount%Amount%Amount%Amount% 1234567891011Reserve Money2,26,2332,52,4003,8881.616,3928.226,16711.636,02316.6 Components (i+ii+iii) (i)Currency in circulation1,50,8231,77,2733,7432.215,54411.326,44917.524,51216.0 of which : cash with banks5,641.. (ii)Bankers' deposits with RBI71,80672,1904320.61,7062.93850.510,91017.8 (iii)"Other" deposits with RBI3,604

(Rs. crore)Date of AuctionDate of IssueNotifiedAmountCompetitive Bids Accepted (Face Value)Devolvement on PDs and RBI (Face Value)Non-Compe- titive Bids Accepted (Face Value)Total Issue (4+5+6) (Face Value)Weighted Average PriceImplicit Yield at Cut-off Price (per cent)Amount Outstan- ding as on the Date of Issue (Face Value) 1 2345678910Apr.3, ’98Apr.4, ’98100100——10099.727.3004235 Jul.3, '98Jul.4, '98100100——10099.775.9938600 Oct.9, '98Oct.10, '98500500——50099.678.8

(Rs. crore)Date of AuctionDate of IssueNotified AmountCompetitive Bids Accepted (Face Value)Devolvement on PDs and RBI (Face Value)Non-Compe- titive Bids Accepted (Face Value)Total Issue (4+5+6) (Face Value)Weighted Average PriceImplicit Yield at Cut-off Price (per cent)Amount Outstan- ding as on the Date of Issue (Face Value) 1 2345678910Apr.3, ’98Apr.4, ’9810010902512598.207.33201,525 Jul.3, '98Jul.4, '9810020805015098.207.33203,460 Oct.9, '98Oct.10, '98500382118405

(Rs. crore)Date of AuctionDate of IssueNotifiedAmountCompetitive Bids Accepted (Face Value)Devolvement on PDs and RBI (Face Value)Total Issue (4+5) (Face Value)Weighted Average PriceImplicit Yield at Cut-off Price (Per cent)Amount Outstan- ding as on the Date of Issue (Face Value) 1 23456789Apr.7, ’98Apr.11, ’9810069410092.617.979714,339 Jul.1, '98Jul.3, '98100—10010092.617.979710,153 @ Oct.7, '98Oct.9, '98400400—40090.3610.71745,827 Jan.13, '99Jan.15, '99750750—75090

(Rs. crore) Fortnight endedTotal AmountIssued duringRate of Interest Outstanding#the fortnight #(Per cent) @1 2 34Jan.2, 1998 6,876 8116.50 — 11.75Apr.10, 1998 14,584 6278.25 — 24.00Jul.17, 1998 7,287 8078.00 — 12.50Oct.9, 1998 6,132 7867.75 — 13.50Oct.23, 1998 6,214 6398.25 — 13.00Nov.6, 1998 5,858 3858.25 — 13.63@ : Effective interest rate range per annum.

(Rs. crore) Fortnight endedTotal AmountReported duringRate of Interest Outstandingthe fortnight(Per cent) @1 23 4 Apr.15, 19981,030338 11.75 — 18.00 Jul.15, 19983,912772 8.20 — 13.50 Oct.15, 19984,8031,101 9.50 — 13.40 Jan.15, 19995,4111,215 9.75 — 13.00 Feb.15, 19995,151972 10.15 — 12.75 Feb.28, 19985,368762 10.20 — 13.00 @ : Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation over Item / Week endedWeightFeb. 28Jan. 2 *Feb. 27#WeekMonthEndYear March 123456789ALL COMMODITIES100.00336.3355.2354.0——5.05.3Primary Articles32.30348.2382.3381.0-0.3-0.69.59.4 (i) Fruits and Vegetables4.09350.2418.8411.40.1-0.612.917.5Fuel, Power, Light and Lubricants10.66379.9382.1376.2—0.6-2.1-1.0Manufactured Products57.04321.4334.8334.50.10.33.84.1 (i) Sugar, Khandsari and Gur4.06304.4296.7291.10.6-0.4-3.7-4.4 (ii) Edible Oils2.45302.

1998 1999 Mar. 12Mar. 8Mar. 9Mar. 10Mar. 11Mar. 121234567BSE SENSEX (1978-79=100)3,716.503,732.103,784.113,743.373,673.513,702.81S & P CNX NIFTY (3.11.1995=1000)1,077.501,072.101,078.351,078.851,059.601,072.65Note : NSE - 50, i.e. Nifty has since been rechristened as 'S & P CNX Nifty' with effect from July 28, 1998.

(Rs. crore) Fortnight Ended Sep. 25, '98Oct. 9, '98Oct. 23, '98Nov. 6, '98Nov. 20, '98Dec. 4, '98Dec. 18, '981 23456781.Banks a)Borrowing9,1588,9479,2878,8767,9427,3488,253 b)Lending5,4446,2116,7027,2138,8617,5687,1472.Primary Dealers a)Borrowing3,8245,0594,8924,5255,4615,8085,564 b)Lending1,1951,0921,4338011,4131,7171,4983.Non-Bank Institutions a)Lending4,7604,4463,9523,6143,5383,4954,509

(Rs. crore) Week Ended ItemsFeb. 5, '99Feb. 12, '99Feb. 19, '99Feb. 26, '99Mar. 5, '99Mar. 12, '99 1234567I. Outright Transactions a.Govt. of India Dated Securities9,4585,2434,1213,78010,43215,100b.State Goverment Securities5416041532717c.14 - Day Treasury Bills170153295249293233d.91 - Day Treasury Bills9317591,120735392439e.364 - Day Treasury Bills625898666461,0801,010II. RBI *1,6414371245357172,203@ : Excluding Repo Transactions. * : RBI's sales and purchases includ

(US$ Million) MerchantInter-bank FCY/ INRFCY/ FCYFCY / INRFCY/FCY SpotForwardForward Cancel- lationSpotForwardForward Cancel- lationSpotSwapForwardSpotSwapForward Position Date 12345678910111213Purchases Mar.1, 1999465973935404460797218539718836 Mar.2, 1999+ Mar.3, 1999346934827333167075211236720125 Mar.4, 19992561661519584046394014039521837 Mar.5, 19992257834124733348701893551969 Sales Mar.1, 1999431202311741535721,00718442019136 Mar.2, 1999+ Mar.3, 19992622244915332

(Rs. crore) Week Ended Feb. 6, '99Feb. 13, '99Feb. 20, '99Feb. 27, '99Mar. 6, '99Mar. 13, '991234567Amount14.572.3247.524.397.6536.34 Source: National Stock Exchange of India Ltd.

19981999ItemAs on FridayMar. 13Feb. 12Feb. 19Feb. 26Mar. 5Mar. 1212345678Standard GoldOpening3,9954,3504,3504,3604,3604,390 (Rs. per 10 grams)Closing3,9904,3504,3504,3754,3604,400 Silver (999.0 fineness)Opening8,5708,2158,2358,3408,0007,995 (Rs. per kilogram)Closing8,5758,2858,3008,3758,0007,955Note : In case Friday is a holiday, prices relate to the preceding working day. Source : Bombay Bullion Association Ltd.

(Rs. crore)Holders March 12, 1999 Variation in Total Treasury Bills Treasury Bills of Different MaturitiesTotal (2+3+4+5)Over the WeekOver End March 14 Day (Auction)14 Day (Intermediate)91 Day (Auction)364 Day (Auction) 12345678 Reserve Bank of India- - 255 205 460 -65 -167 Banks106 - 1,291 6,618 8,016 209 -5,305 State Governments400 3,740 - - 4,140 160 -3,744 Others94 392 620 2,677 3,781 322 -233

(Rs. crore) Net Amount Raised Gross Amount Raised upto March 12, 1999Repayments upto March 12, 19991998-99 (upto March 12, 1999)1997-98 (upto March 13, 1998) 12345Total83,75314,80368,95027,488

(Rs. crore) For the Week Ended March 5, 1999For the Week Ended March 12, 1999Items AmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 23 45 6 7I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1998-99 -- -- - - 1999-00 3978.313210.75863346.063711.6947 2000-01 1,16910.555311.25101,0528.898111.1919 2001-02 1,32211.108711.502298910.912511.2362 2002-03 $ 52611.098011.684451411.195012.2813 2003-04 73211.389411.