(Rs. crore) 19981999Variation overItem May 8Apr. 30May 7WeekYear123456Notes in circulation1,61,9091,82,2601,87,6985,43825,789Notes issued1,61,9501,82,2921,87,7215,42925,771Notes held in Banking Department413223-9-18Deposits : Central Government51148100-4849State Governments1420934-17520Scheduled Commercial Banks63,98772,08971,287-8027,300Scheduled State Co-operative Banks607748713-35106Other Banks1,0061,2391,128-111122Others4,8855,4425,251-191366Other liabilities51,36

Variation over As on May 14, 1999WeekEnd- March 1999End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011 Total Reserves1,42,19533,2501,3463084,19076014,3413,19425,8214,584of which : (a) Foreign Currency Assets1,29,69430,3311,3573114,28280915,0013,37326,0224,862 (b) Gold12,5002,919——-59-41-308-96-148-265 (c) SDRs1—-11-3-33-8-352-83-53-13Note : 1. Foreign currency assets expressed in US dollar terms incl

(Rs. Crore)ItemOutstanding as onVariation over1999 Financial year so far May 7#Fortnight1998-991999-2000Year123456Liabilities to the Banking System Demand and time deposits from banks32,880-426326199,165Borrowings from Banks(1)11,804-130651814,580Other demand and time liabilities(2)959-221,177268-1,663Liabilities to Others Aggregate deposits7,26,512@9925,5789,2411,15,524 (0.1)(0.9)(1.3)(18.9)Demand1,08,463-4,281-5,638-5,01711,588Time6,18,049@5,27311,21614,2581,03,936B

(Per cent per annum) 19981999Item / week endedMay 8Apr. 9Apr. 16Apr. 23Apr. 30May 71234567Bank Rate9.008.008.008.008.008.00I.D.B.I.114.0013.5013.5013.5013.5013.50Prime Lending Rate213.00-14.0012.00-12.5012.00-12.5012.00-12.5012.00-12.5012.00-12.50Deposit Rate310.00-12.008.00-10.508.00-10.508.00-10.508.00-10.508.00-10.50Call Money Rate (Low / High)43.00/8.250.25/8.606.50/8.306.50/8.957.90/9.507.90/11.001. Medium Term Lending Rate (MTLR). 2. Prime Lending Rate relates t

(Rs. crore) 1999-20001998-99 OutstandingVariationsOutstandingVariations as on(3) - (2)as on(6) - (5) Item19991999 19981998 Mar. 26May 7 Mar. 27May 8 1 2345671.Bank Credit3,66,0033,69,0513,0483,24,0793,20,980-3,098 (0.8) (-1.0) A.Food Credit16,81620,7993,98312,48513,8691,384 B.Non-Food Credit3,49,1873,48,252-9353,11,5943,07,111-4,482 (-0.3) (-1.4) 2.Investments £47,94948,204 @@25531,96332,048+85 A.Commercial Paper4,0334,04182,0501,672-378 B.Bonds/Debentures/Preference

Foreign 1998 199919981999Currency May 15 May 10May 11May 12May 13May 14May 15May 10May 11May 12May 13May 141 23 4567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100@ 40.7600 42.730042.720042.750042.750042.7600 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{Buying40.7200 42.725042.720042.740042.745042.75502.45342.34032.34082.33922.33922.3386Dollar Selling40.7500 42.735042.730042.750042.755042.7650 Poun

(Rs. crore) Outstanding Variation over as on Item Financial year so far 1999Fortnight1998-991999-2000Year Mar. 31#Apr. 23#Amount%Amount%Amount%Amount% 1234567891011M3 9,74,3289,91,7323,7080.414,4991.817,4041.81,50,02417.8 Components (i+ii+iii+iv) (i)Currency with the Public1,70,1191,79,4693,9192.28,7316.09,3505.524,73416.0(ii)Demand deposits with banks1,30,2671,29,458-3,212-2.4-3,746-3.2-809-0.615,26813.4(iii)Time deposits with banks6,70,1306,79,606@3,7530.610,5561.99

(Rs. crore) Outstanding Variation over as on Item Financial year so far 1999Week1998-991999-2000Year Mar. 31#May 7#Amount%Amount%Amount%Amount% 1234567891011 Reserve Money2,59,2202,67,5974,2991.67,4473.38,3763.233,74814.4 Components (i+ii+iii) (i)Currency in circulation1,75,7051,91,4035,4392.914,2409.415,6988.926,10715.8 of which : cash with banks5,5864141 ** (ii)Bankers' deposits with RBI79,70373,128-948-1.3-6,205-8.6-6,575-8.27,52811.5 (iii)"Other" deposits with RBI

(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 2345678910Jul.3, '98Jul.4, '98100100——10099.775.9938600 Oct.9, '98Oct.10, '98500500——50099.678.8702900 Jan.1, '99Jan.2, '99100100——10099.659

(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 2345678910Jul.3, '98Jul.4, '9810020 80 5015098.207.33203,460 Oct.9, '98Oct.10, '98500382 118 4054097.579.96216,151 Jan.1, '99Jan.2, '9910010

(Rs. crore)Date of AuctionDate of IssueNotified AmountBids 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 23456789Jul.1, '98Jul.3, '98100—10010092.617.9797 10,153 @ Oct.7, '98Oct.9, '98400400—40090.3610.7174 5,827 Jan.13, '99Jan.15, '99750750—75090.5210.4972 6,519 Apr.7, '99Apr.9, '99500500—50090.959.974

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding#the fortnight #(Per cent)@1 234Apr.10, 1998 14,584 6278.25 — 24.00Jul.17, 1998 7,287 8078.00 — 12.50Oct.9, 1998 6,132 7867.75 — 13.50Jan.1, 1999 3,667 6218.00 — 17.35Jan.15, 1999 3,824 6778.50 — 17.50Jan.29, 1999 3,689 5349.00 — 12.50@ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal AmountReported duringRate of Interest Outstandingthe fortnight(Per cent)@1 234Apr.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 Apr.15, 19995,0291,386 9.15 — 12.00 Apr.30, 19995,8331,773 9.10 — 12.75 @ :Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation over Item / Week endedWeightMay 2Mar. 6*May 1#WeekMonthEndYear March 123456789ALL COMMODITIES100.00343.1354.2355.80.20.30.53.7Primary Articles32.30362.2377.1380.80.5-0.30.25.1 (i) Fruits and Vegetables4.09460.7401.1457.00.63.510.4-0.8Fuel, Power, Light and Lubricants10.66380.4389.8390.5—2.92.92.7Manufactured Products57.04325.3334.6335.1—0.10.13.0 (i) Sugar, Khandsari and Gur4.06305.2287.0299.30.93.43.1-1.9 (ii) Edible Oils2.45315.9356.7348

1998 1999 May 14May 10May 11May 12May 13May 141234567BSE SENSEX (1978-79=100)3,897.943,820.253,900.493,876.894,014.684,075.47S & P CNX NIFTY (3.11.1995=1000)1,118.651,094.201,116.001,110.901,148.101,165.35Note : NSE - 50, i.e. Nifty has since been rechristened as 'S & P CNX Nifty' with effect from July 28, 1998.

(Rs. crore) Fortnight Ended Dec. 18, '98Jan. 1, '99Jan. 15, '99Jan. 29, '99Feb. 12, '99Feb. 26, '99Mar. 12, '991 23456781.Banks a)Borrowing8,2538,31310,60910,20610,69610,00611,351 b)Lending7,1476,1215,7577,0777,1916,6987,0472.Primary Dealers a)Borrowing5,5643,8633,7305,8845,5464,6663,705 b)Lending1,4981,2131,7031,8941,6341,6031,6793.Non-Bank Institutions a)Lending4,5094,6585,6535,2595,7505,6625,950

(Rs. crore) Week Ended ItemsApr. 9, '99Apr. 16, '99Apr. 23, '99Apr. 30, '99May 7, '99May 14, '99 1234567I. Outright Transactions a.Govt. of India Dated Securities22,93314,91210,7817,81117,75212,568b.State Goverment Securities2418115855499c.14 - Day Treasury Bills115120110207229258d.91 - Day Treasury Bills252379227112160235e.364 - Day Treasury Bills1,5051,1821,735539540377II. RBI*3,4302,304526—4,365617@ : Excluding Repo Transactions.* : RBI's sales and purchases includ

(US$ Million) Merchant Inter-bank FCY/INRFCY/FCYFCY/ INRFCY/FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 12345678910111213Purchases May3, 199927782 422822184324293619210734 May4, 1999220129 333839284084774828520689 May5, 199920290 434433304795987041625472 May6, 199928564 455068446845615445930033 May7, 199924960 182027244536616033120617 Sales May3, 1999252103 26322174054485820714934 May4, 199921975 2

(Rs. crore) Week Ended Apr. 10, '99Apr. 17, '99Apr. 24, '99Apr. 29, '99May 8, '99May 15, '991234567Amount1.666.4634.551.4460.171.69Source: National Stock Exchange of India Ltd.

1998 1999 ItemAs on FridayMay 15Apr. 16Apr. 23Apr. 30May 7May 1412345678Standard GoldOpening4,2004,4004,4104,4404,4704,320(Rs. per 10 grams) Closing4,2004,4154,4104,4304,4104,310 Silver (999.0 fineness)Opening8,0507,7107,8808,1858,2008,405(Rs. per kilogram) Closing8,1207,7107,9008,2158,1258,380Note : In case Friday is a holiday, prices relate to the preceding working day.Source : Bombay Bullion Association Ltd.

(Rs. crore)Holders May 14, 1999 Variation in Total Treasury Bills Treasury Bills of Different MaturitiesTotalOver theOver End 14 Day14 Day91 Day364 Day(2+3+4+5)WeekMarch (Auction)(Intermediate)(Auction)(Auction) 12345678 Reserve Bank of India83—17749075096-64 Banks96—6388,5819,315-70717 State Governments—6,61875—6,693-45790 Others213877002,3293,437-120603

(Face Value in Rs. crore) Gross Amount RaisedNet Amount Raised 1999-20001998-991998-991999-20001998-991998-99 (Upto(Upto (Upto(Upto May 14, 1999)May 15, 1998) May 14, 1999)May 15, 1998) 1234561.Total23,00021,00083,75318,30817,80768,950 of which : 1.1Devolvement/Private Placement on RBI12,0005,00038,205 2.RBI's OMO Sales12,00321826,348 Purchases———

(Amount in Rs. crore) For the Week Ended May 7, 1999For the Week Ended May 14, 1999ItemsAmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 234567I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1999-20001659.332010.3391529.818810.3256 2000-0172210.194212.574753510.198810.7976 2001-0263010.788113.130651210.264210.9452 2002-03 $30711.019512.260525710.859311.0482 2003-0490111.095012.034951511.092811.2866 200