(Rs. crore) 19981999Variation overItem Feb. 6Jan. 29Feb. 5WeekYear123456Notes in circulation1,47,9971,66,9681,70,4893,52122,492Notes issued1,48,0121,67,0101,70,5283,51822,516Notes held in Banking Department154239-324Deposits : Central Government50505111State Governments141211-1-3Scheduled Commercial Banks61,29468,58472,9664,38211,672Scheduled State Co-operative Banks60970175453145Other Banks9291,1561,17115242Others4,4545,2965,3059851Other liabilities44,97862,47162,028

Variation over As on Feb. 12, 1999WeekEnd- March 1998End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011 Total Reserves1,30,45030,6737328714,5451,3062,59661723,8263,202of which : (a) Foreign Currency Assets1,17,63127,6577338815,1241,6822,93869924,0783,545 (b) Gold12,6182,969---776-422-190-46-287-347 (c) SDRs20147-1-119746-152-36354Note:1. Foreign currency assets expressed in US dollar terms include th

(Rs. crore) Outstanding as on Variation overItem1999 Financial year so far Jan. 29#Fortnight1997-981998-99Year123456 Liabilities to the Banking System Demand and time deposits from banks29,395662,6335,7139,366Borrowings from Banks(1)11,292-2924,8404,1323,194Other demand and time liabilities(2)514-472,182-931-2,207Liabilities to Others Aggregate deposits6,90,269 @5,20762,63684,8591,22,034 (0.8)(12.4)(14.0)(21.5)Demand1,02,3921,998-449-12112,231Time5,87,877 @3,20963,085

(Per cent per annum) 19981999Item / week endedFeb. 6Jan. 8Jan. 15Jan. 22Jan. 29Feb. 51234567Bank Rate11.009.009.009.009.009.00I.D.B.I.114.5014.0014.0014.0014.0014.00Prime Lending Rate214.0012.75-13.012.75-13.012.75-13.012.75-13.012.75-13.0Deposit Rate310.0-12.09.0-11.59.0-11.59.0-11.59.0-11.59.0-11.5Call Money Rate (Low / High)47.00/17.008.50/ 9.508.90/30.008.50/35.006.00/ 9.008.65/ 9.401. Medium Term Lending Rate (MTLR). 2. Prime Lending Rate relates to five major ba

(Rs. crore) 1998-991997-98 Outstanding as onVariationsOutstanding as onVariations (3) - (2)(6) - (5) Item 19981999 19971998 Mar. 27Jan. 29 Mar. 28Jan. 30 1 234567 1.Bank Credit3,24,0793,49,82925,7502,78,4013,07,06128,660 (7.9) (10.3) A.Food Credit12,48517,0564,5717,59712,4164,819 B.Non-Food Credit3,11,5943,32,77221,1792,70,8052,94,64523,841 (6.8) (8.8) 2.Investments33,08446,693 @13,60919,41135,955 +16,545 A.Commercial Paper2,0665,1173,0516526,5935,942 B.Bonds/Debentur

Foreign 199819991998 1999Currency Feb. 13Feb. 8Feb. 9Feb. 10Feb. 11Feb. 12Feb. 13Feb. 8Feb. 9Feb. 10 Feb. 11Feb. 121234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100 @ 38.800042.470042.440042.440042.460042.4500 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying38.780042.460042.435042.440042.450042.44002.57732.35462.35632.35632.35522.3557DollarSelling38.800042.470042.445042.450042.460042.4500

(Rs. crore) Outstanding as onVariation over Item Financial year so far 19981999Fortnight1997-98 1998-99Year Mar. 31#Jan. 29#Amount%Amount%Amount%Amount% 1234567891011 M38,25,3899,37,4812,8140.379,83211.41,12,09113.61,55,80119.9Components (i+ii+iii+iv) (i)Currency with the Public1,45,1821,65,046-2,110-1.311,2178.519,86413.721,74215.2(ii)Demand deposits with banks1,18,4351,18,0512,0351.8-1,349-1.3-385-0.314,06513.5(iii)Time deposits with banks5,58,1676,51,252 @3,1020.56

(Rs. crore) Outstanding as on Variation over Item Financial year so far 19981999Week 1997-98 1998-99 Year Mar. 31#Feb. 5#Amount%Amount%Amount%Amount% 1234567891011 Reserve Money2,26,2332,52,0847,9813.316,6368.325,85011.435,46216.4 Components (i+ii+iii) (i)Currency in circulation1,50,8231,74,0503,5212.114,01010.223,22715.422,82315.1 of which : cash with banks5,641.. (ii)Bankers' deposits with RBI71,80674,8924,4506.33,2585.53,0864.312,05919.2(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 Outstanding as on the Date of Issue (Face Value) 1 2345678910 Apr. 3, ’98Apr. 4, ’98100100——10099.727.3004235 Jul. 3, '98Jul. 4, '98100100——10099.775.9938600 Oct. 9, '98Oct. 10, '98500500——50099

(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 Outstanding as on the Date of Issue (Face Value) 1 2345678910Apr. 3, ’98Apr.4, '9810010902512598.207.33201,525Jul. 3, '98Jul.4, '9810020805015098.207.33203,460Oct. 9, '98Oct.10,98500382118405409

(Rs. crore)Date of AuctionDate of IssueNotified AmountBids AcceptedDevolvement 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) (Face Value) 123456789 Apr. 7, ’98Apr.11, ’98100 6 9410092.617.979714,339 Jul. 1, '98Jul. 3, '98100—10010092.617.979710,153 @ Oct. 7, '98Oct. 9, '98400400—40090.3610.71745,827 Jan. 13, '99Jan. 15, '99750750—75090.5

(Rs. crore)Fortnight endedTotal Amount Outstanding#Issued during the fortnight #Rate of Interest (Per cent)@1 2 34 Jan. 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 — 13.50Oct.23,19986,214 6398.25 — 13.00Nov.6, 19985,858 3858.25 — 13.63 @ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal Amount OutstandingReported during the fortnightRate of Interest (Per cent)@ 1 234Jan.15, 19985,2491,2058.05 — 11.75Apr.15, 19981,03033811.75 — 18.00Jul.15, 19983,9127728.20 — 13.50Oct.15, 19984,8031,1019.50 — 13.40Jan.15, 19995,4111,2159.75 — 13.00Jan.31, 19995,2611,0869.60 — 13.45 @ : Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation overItem / Week endedWeightJan. 31Dec. 5 *Jan. 30#WeekMonthEnd MarchYear 123456789ALL COMMODITIES100.00338.4357.1353.9—-0.35.04.6Primary Articles32.30354.8392.0383.40.1-0.110.28.1(i) Fruits and Vegetables4.09365.1498.4413.8-2.8-5.913.613.3Fuel, Power, Light and Lubricants10.66377.4382.1374.1—-2.1-2.6-0.9Manufactured Products57.04321.9332.7333.4-0.10.13.43.6(i) Sugar, Khandsari and Gur4.06308.0293.5292.4-0.5-2.7-3.2-5.1(ii) Edible Oils2.453

19981999 Feb. 12Feb. 8Feb. 9Feb. 10Feb. 11Feb. 121234567 BSE SENSEX (1978-79=100)3,293.893,183.643,207.713,307.493,313.403,337.49S & P CNX NIFTY (3.11.1995=1000)956.65916.50924.75959.45960.05970.25 Note : 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. 31, '98Aug. 14, '98Aug. 28, '98Sep. 11, '98Sep. 25, '98Oct. 9, '98Oct. 23, '981 23456781.Banks a)Borrowing9,1149,6298,4729,4859,1588,9479,287 b)Lending7,5507,2566,0245,1105,4446,2116,7022.Primary Dealers a)Borrowing4,9414,8143,1433,0383,8245,0594,892 b)Lending1,6461,5849981,2561,1951,0921,4333.Non-Bank Institutions a)Lending4,8335,6494,4754,6644,7604,4463,952

(Rs. crore) Week EndedItemsJan. 8, '99Jan. 15, '99Jan. 22, '99Jan. 29, '99Feb. 5, '99Feb. 12, '99 1234567 I. Outright Transactions a.Govt. of India Dated Securities10,5916,8837,2748,2079,4585,243b.State Goverment Securities9971117854160c.14 - Day Treasury Bills1499416150170153d.91 - Day Treasury Bills1,2545211,055637931759e.364 - Day Treasury Bills751355235141625898II. RBI *1,9258379471,2911,641437 @ : Excluding Repo Transactions.* : RBI's sales and purchases include

(US$ Million) Merchant Inter-bank FCY/INR FCY/ FCYFCY/ INR FCY/FCY SpotForwardForward Cancel- lationSpotForwardForward Cancel- lationSpotSwapForwardSpotSwapForward Position Date 12345678910111213Purchases Jan.25, 19992828410511692637961012232519336Jan.27, 1999327431313886795477947753321756Jan.28, 199930165772316111636571611378831827Jan.29, 1999328901053251893356408437719832Feb.1, 19992796392297254676407842918015Feb.2, 19992597852364763835848544826013Feb.3, 19992436120

(Rs. crore) Week Ended Jan. 9, '99Jan. 16, '99Jan. 23, '99Jan. 30, '99Feb. 6, '99Feb. 13, '991234567 Amount20.757.1918.0010.8314.572.32Source: National Stock Exchange of India Ltd.

1998 1999 ItemAs on FridayFeb. 13Jan. 15Jan. 22Jan. 29Feb. 5Feb. 1212345678 Standard GoldOpening3,9954,3604,3604,3304,3554,350 (Rs. per 10 grams)Closing3,9804,3504,3604,3304,3554,350 Silver (999.0 fineness)Opening8,6707,7407,7007,8008,3958,215 (Rs. per kilogram)Closing8,6907,7507,7107,8258,3408,285 Note : In case Friday is a holiday, prices relate to the preceding working day.Source : Bombay Bullion Association Ltd.

(Rs. crore)Holders February 12, 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 India——208—208—-419 Banks134—2,1975,7288,05997-5,262 State Governments4003,708800—4,908-381-2,976 Others664197462,2913,522583-492

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

(Rs. crore) For the Week Ended February 5, 1999 For the Week Ended February 12, 1999ItemsAmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 234567I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1998-99—————— 1999-004569.800110.48883449.905810.4599 2000-0196810.837911.963461210.828312.5145 2001-0259911.083611.468549411.379112.0946 2002-03 $11211.404813.804143611.528612.5690 2003-0428011.693711.87367111.69