(Rs. crore) 19981999Variation over Item Mar. 20Mar. 12Mar. 19WeekYear 123456Notes in circulation1,50,3111,75,0511,74,034-1,01723,723 Notes issued1,50,3421,75,0771,74,062-1,01523,720 Notes held in Banking Department3127292-2Deposits : Central Government515050—-1 State Governments11121534 Scheduled Commercial Banks60,88568,72073,2744,55412,389 Scheduled State Co-operative Banks592620797177205 Other Banks9411,0401,171131230 Others5,1315,0055,435430304Other liabilities48,

Variation over As on Mar. 26, 1999WeekEnd- March 1998End- December 1998Year ItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011Total Reserves1,33,77431,5861,33135117,8692,2195,9201,53020,3202,806of which : (a) Foreign Currency Assets1,21,11628,6071,33135118,6092,6326,4231,64921,0783,241 (b) Gold12,6242,971——-770-420-184-44-788-442 (c) SDRs348——307-319-75307Note : 1. Foreign currency assets expressed in US dollar terms incl

(Rs. crore) Outstanding as on Variation over Item1999 Financial year so far Mar. 12#Fortnight1997-981998-99Year 123456 Liabilities to the Banking System Demand and time deposits from banks30,6009284,5186,9188,686 Borrowings from Banks(1)12,150-1,0403,6934,9905,199 Other demand and time liabilities(2)788381,303-657-1,054Liabilities to Others Aggregate deposits6,98,338 @3,13177,54992,9281,15,190 (0.5)(15.3)(15.3)(19.8) Demand1,02,95071714143712,199 Time5,95,388 @2,41477

(Per cent per annum) 1998 1999 Item / week endedMar. 20Feb. 19Feb. 26Mar. 5Mar. 12Mar. 191234567Bank Rate10.509.009.008.008.008.00I.D.B.I.114.5014.0014.0014.0014.0013.50Prime Lending Rate214.0012.75-13.0012.75-13.0012.00-13.0012.00-13.0012.00-13.00Deposit Rate310.50-12.009.00-11.509.00-11.509.00-11.509.00-11.509.00-11.50Call Money Rate (Low / High)48.00/9.758.75/ 9.507.15/9.757.50 /9.357.00 /8.507.60 /11.251. Medium Term Lending Rate (MTLR).2. Prime Lending Rate relat

(Rs. crore) 1998-99 1997-98 OutstandingVariationsOutstandingVariations as on(3) - (2)as on(6) - (5) Item19981999 19971998 Mar. 27Mar. 12 Mar. 28Mar. 13 1 2345671.Bank Credit3,24,0793,54,74230,6642,78,4013,12,98034,579 (9.5) (12.4) A.Food Credit12,48516,7324,2477,59712,3364,739 B.Non-Food Credit3,11,5943,38,01126,4172,70,8053,00,64429,840 (8.5) (11.0) 2.Investments31,91248,072 @16,16118,48432,044 +13,560 A.Commercial Paper2,0454,6972,6536643,4662,802 B.Bonds/Debentures

Foreign 1998 1999 1998 1999 Currency Mar. 27Mar. 22Mar. 23Mar. 24Mar. 25 +Mar. 26Mar. 27Mar. 22Mar. 23Mar. 24 Mar. 25 +Mar. 26123456789101112 1314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100 @ 39.500042.390042.390042.4000 42.4000 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying39.495042.390042.390042.4000 42.39502.53162.35902.35902.35852.3585DollarSelling39.505042.400042.400042.4100 42.4050 Pound{ Buyin

(Rs. crore) Outstanding Variation over as on Item Financial year so far 19981999Fortnight1997-981998-99Year Mar. 31#Mar. 12#Amount%Amount%Amount%Amount% 1234567891011M3 8,25,3899,53,7238,2170.91,02,10314.51,28,33315.51,49,77218.6 Components (i+ii+iii+iv) (i)Currency with the Public1,45,1821,73,2325,2123.117,72913.428,05019.323,41615.6(ii)Demand deposits with banks1,18,4351,18,6106960.6-284-0.31750.113,56012.9(iii)Time deposits with banks5,58,1676,59,039 @2,6920.485,42

(Rs. crore) Outstanding Variation over as on Item Financial year so far 19981999Week1997-981998-99Year Mar. 31#Mar. 19#Amount%Amount%Amount%Amount% 1234567891011Reserve Money2,26,2332,56,1084,2761.719,2499.629,87513.236,87416.8 Components (i+ii+iii) (i)Currency in circulation1,50,8231,77,595-1,017-0.616,39912.026,77117.823,97915.6 of which : cash with banks5,641.. (ii)Bankers' deposits with RBI71,80675,2424,8636.92,8444.83,4374.812,82420.5 (iii)"Other" deposits with R

(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)12345678910Apr.3, ’98Apr.4, ’98100100——10099.727.3004235 Jul.3, '98Jul.4, '98100100——10099.775.9938600 Oct.9, '98Oct.10, '98500500——50099.678.87

(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 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 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—75090.5210.49726

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding#the fortnight #(Per cent) @1 234Jan.2, 19986,876 8116.50 — 11.75Apr.10, 199814,584 6278.25 — 24.00Jul.17, 19987,287 8078.00 — 12.50Oct.9, 19986,132 7867.75 — 13.50Nov.20, 19985,881 6748.00 — 15.55Dec.4, 19984,517 3476.75 — 12.50@ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal Amount OutstandingReported during the fortnightRate of Interest (Per cent) @ 1234Apr.15, 19981,03033811.75 - 18.00Jul.15, 19983,9127728.20 - 13.50Oct.15, 19984,8031,1019.50 - 13.40Jan.15, 19995,4111,2159.75 - 13.00Feb.28, 19995,36876210.20 - 13.00Mar.15, 19995,1491,0248.50 - 13.25@ : Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation overItem / Week endedWeightMar. 14Jan. 16 *Mar. 13#WeekMonthEnd MarchYear 123456789ALL COMMODITIES100.00336.5353.3353.8-0.1-0.15.05.1Primary Articles32.30347.3379.1380.1-0.2-0.79.39.4(i) Fruits and Vegetables4.09346.9403.6410.20.4-0.612.618.2Fuel, Power, Light and Lubricants10.66384.2373.7379.5-0.9-1.2-1.2Manufactured Products57.04321.5334.8334.1--3.73.9(i) Sugar, Khandsari and Gur4.06305.7292.9291.1-0.20.2-3.7-4.8(ii) Edible Oils2.45303.9

19981999 Mar. 26Mar. 22Mar. 23Mar. 24Mar. 25Mar. 261234567BSE SENSEX (1978-79=100)3,891.753,713.183,757.503,682.69+3597.58S & P CNX NIFTY (3.11.1995=1000)1,129.501,063.001,072.951,062.801,054.901,041.25Note : NSE - 50, i.e. Nifty has since been rechristened as 'S & P CNX Nifty' with effect from July 28, 1998.+ : Market closed.

(Rs. crore) Fortnight Ended Nov. 6, '98Nov. 20, '98Dec. 4, '98Dec. 18, '98Jan. 1, '99Jan. 15, '99Jan. 29, '99 1 23456781.Banks a)Borrowing8,8767,9427,3488,2538,31310,60910,206 b)Lending7,2138,8617,5687,1476,1215,7577,0772.Primary Dealers a)Borrowing4,5255,4615,8085,5643,8633,7305,884 b)Lending8011,4131,7171,4981,2131,7031,8943.Non-Bank Institutions a)Lending3,6143,5383,4954,5094,6585,6535,259

(Rs. crore) Week EndedItemsFeb. 19, '99Feb. 26, '99Mar. 5, '99Mar. 12, '99Mar. 19, '99Mar. 26, '99 1234567I. Outright Transactions a.Govt. of India Dated Securities4,1213,78010,43215,1006,3217,268 b.State Government Securities415327172969 c.14- Day Treasury Bills29524929323352214 d.91- Day Treasury Bills1,120735392439480117 e.364 - Day Treasury Bills666461,0801,0101,072654II.RBI *1245357172,20376345@ : Excluding Repo Transactions.* : RBI's sales and purchases include

(US$ Million) MerchantInter-bank FCY/INRFCY/FCYFCY/ INRFCY/FCY SpotForwardForward Cancel- lationSpotForwardForward Cancel- lationSpotSwapForwardSpotSwapForward Position Date 12345678910111213Purchases Mar.15, 199931980324232255737111435092049 Mar.16, 19992551452951573047360913547219433 Mar.17, 19992351083528493637691618740425327 Mar.18, 1999+ Mar.19, 1999323110503754376706268142721677 Sales Mar.15, 1999322100343035296058291014923969 Mar.16, 199922579473356206585941525

(Rs. crore) Week Ended Feb. 20, '99Feb. 27, '99Mar. 6, '99Mar. 13, '99Mar. 20, '99Mar. 27, '991234567Amount47.524.397.6536.343.3444.01 Source: National Stock Exchange of India Ltd.

19981999ItemAs on FridayMar. 27Feb. 26Mar. 5Mar. 12Mar. 19Mar. 2612345678Standard GoldOpening4,0304,3604,3604,3904,3154,270 (Rs. per 10 grams)Closing4,0504,3754,3604,4004,3054,250 Silver (999.0 fineness)Opening8,6658,3408,0007,9957,6157,675 (Rs. per kilogram)Closing8,5908,3758,0007,9557,6007,670Note : In case Friday is a holiday, prices relate to the preceding working day. Source : Bombay Bullion Association Ltd.

(Rs. crore)HoldersMarch 26, 1999Variation 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) 12345678Reserve Bank of India50-228515793334166 Banks92-8277,0357,953-166-5,367 State Governments2007,399--7,5993,342-285 Others593504712,6503,528198-486

(Rs. crore) Gross Amount Raised upto March 26, 1999Repayments upto March 26, 1999 Net Amount Raised 1998-99 (upto March 26, 1999)1997-98 (upto March 27, 1998) 12345Total83,75314,80368,95032,488

(Rs. crore) For the Week Ended March 19, 1999For the Week Ended March 26, 1999 ItemsAmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum 123 45 6 7I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1998-99-- -- - - 1999-005288.892712.86453139.366511.9319 2000-0130510.558911.217141310.465911.0762 2001-0298910.619111.248363310.882111.1797 2002-03 $41811.208211.383544411.188411.4171 2003-043011.378411.477746011.3