(Rs. crore) 2003 2004VariationItemFeb. 14Feb. 6Feb. 13#WeekYear123456Notes issued2,74,6343,13,7043,16,2842,58041,650Notes in circulation2,74,5893,13,6783,16,2632,58541,674Notes held in Banking Department442621–5–23Deposits Central Government100101100–1—State Governments414141——Scheduled Commercial Banks68,44667,32068,6391,319193Scheduled State Co-operative Banks1,6171,4641,55086–67Other Banks4,2604,4784,53153271Others6,3797,8897,575–3141,196Other liabilities1,29,6241,

Variation over ItemAs on Feb. 13, 2004WeekEnd-March 2003End-December 2003YearRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011 Total Reserves4,86,5921,07,5063,8648991,28,31232,07822,1225,6711,26,30932,223of which : (a)Foreign Currency Assets4,67,1491,03,2153,866900*1,25,67331,32521,9175,5981,24,53731,629(b)Gold19,4324,289——2,647755207741,802601(c) SDRs112–2–1–8–2–2–1–30–7Memo Item : RTP**6,0461,33681192,85666444202,839666 *:

(Rs. crore) Outstanding Variation over as on 2004 Financial year so far Year-on-year Item Feb. 6# Fortnight 2002-2003 2003-2004 2003 2004 1 2 3 4 5 6 7 Liabilities to the Banking System Demand and time deposits from Banks 36,859 544 5,458 –3,596 5,340 –28 Borrowings from Banks(1) 12,566 –525 –581 –7,072 –354 –7,103 Other demand and time liabilities (2) 2,718 475 560 464 805 –66 Liabilities to Others Aggregate deposits@ 14,53,805 14,120 1,69,983 1,72,952 1,92,436 1,80,

(per cent per annum) 2003 2004 Item / week ended Feb. 7 Jan. 2 Jan. 9 Jan. 16 Jan. 23 Jan. 30 Feb. 6 1 2 3 4 5 6 7 8 Cash Reserve Ratio (per cent)(1) 4.75 4.50 4.50 4.50 4.50 4.50 4.50 Bank Rate 6.25 6.00 6.00 6.00 6.00 6.00 6.00 I.D.B.I.(2) 12.50 12.50 12.50 12.50 12.50 10.25 10.25 Prime Lending Rate(3) 10.75-11.50 10.25-11.00 10.25-11.00 10.25-11.00 10.25-11.00 10.25-11.00 10.25-11.00 Deposit Rate(4) 5.50-6.25 5.00-5.75 5.00-6.00 5.00-5.50 5.00-5.50 5.00-5.50 5.00-5

(Rs. Crore)  2003 - 2004 2002 - 2003   OutstandingVariationsOutstandingVariations  as on(3) - (2)as on(6) - (5)  20032004 20022003 ItemMar. 21Feb. 6Mar. 22Feb. 71 2345671. Bank Credit7,29,2158,06,18076,9645,89,7237,06,3121,16,589    (10.6)  (19.8)        A.Food Credit49,47936,468–13,01153,97850,432–3,546     &n

Foreign 2003  2004  2003  2004  Currency Feb. 14Feb. 9Feb. 10Feb. 11Feb. 12Feb. 13Feb. 14Feb. 9Feb. 10Feb. 11Feb. 12Feb. 131234567891011121314  RBI's Reference Rate (Rs. per Foreign Currency)  Foreign Currency per Rs. 100@ U.S. Dollar 47.860045.270045.250045.260045.250045.2600 (Based on Middle Rates) Euro 51.880057.630057.670057.500058.040058.0600    &nbs

Outstanding as onVariation overFinancial year so farYear-on-year20032004Fortnight2002-20032003-200420032004ItemMar. 31#Feb. 6#Amount %Amount%Amount%Amount%Amount%1234567891011121317,25,22219,44,43019,0621.02,11,65914.12,19,20812.72,42,43616.52,34,41613.7M3[16,95,551][1,80,686][12.1][2,11,463][14.4]Components (i+ii+iii+iv)(i)Currency with the Public2,70,9833,10,7294,7551.629,93612.439,74714.732,28113.539,99914.8(ii)Demand deposits with banks1,98,6022,26,8908,0293.79,58

(Rs.Crore) Outstanding as onVariation over Financial year so far Year-on-year 20032004Week 2002-20032003-20042003 2004ItemMar. 31#Feb. 13#Amount%Amount%Amount%Amount%Amount%1 2345678910111213 Reserve Money3,69,0614,02,1643,7280.920,7106.133,1039.042,87513.643,48412.1 Components (i+ii+iii) (i)Currency in circulation2,82,4733,23,5032,5850.830,60812.241,03014.533,63313.641,92114.9(ii)Bankers' deposits with RBI83,34674,7201,4572.0–9,824–11.7–8,626–10.38,78213.43980.5(iii)

(Rs. crore) Repo/RR REPO REVERSE REPO Net injection(+)Outstanding Amount @LAF periodBids ReceivedBids AcceptedCut-OffBids ReceivedBids AcceptedCut-Offabsorption(-) of Date (Day(s))NumberAmountNumberAmountRate(%)NumberAmountNumberAmountRate(%)liquidity (11-6) 1 234567891011121314Feb.9, 200415637,3055637,3054.50—————–37,30537,305Feb.9, 200414155,925155,9254.50—————–5,92543,230Feb.10, 200415838,8005838,8004.50—————–38,80044,725Feb.11, 200415737,4405737,4404.50—————–37,44

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmount Total Face Value Total Face Value IssuetedYield atOutstanding NumberCom- petitiveNon- Com- petitiveNumberCom- petitiveNon- Com- petitivePDs/SDs*RBI(8+9+10+11)Average PriceCut-off Price(per cent)as on the Date of Issue(Face Value) 1 2 34567891011121314152003-2004 Jul.2Jul.450031778—25500———50098.775.02237,488Oct.1Oct.350024730—16500———50098.904.489815,03

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh - tedImplicitAmountAuctionIssueAmount Total Face Value Total Face Value Issue Yield atOutstanding NumberCom- petitiveNon- Com- petitive$NumberCom- petitiveNon- Com- petitive$PDs/SDs*RBI(8+9+10+11)Average PriceCut-off Price(per cent)as on the Date of Issue (Face Value) 1 2 34567891011121314152003-2004 Jul.9Jul.111,000512,43029211,00029——1,02995.284.964826,128Oct.1Oct.31,000461,615—401,0

(Rs. crore)Fortnight Date Ended 123456789101112131415Feb. 6, 2004Jan. 24Jan. 25Jan. 26Jan. 27Jan. 28Jan. 29Jan. 30Jan. 31Feb. 1Feb. 2Feb. 3Feb. 4Feb. 5Feb. 6 78,4641,56,9282,35,3913,05,8573,70,9064,39,4815,11,8405,83,7426,55,6447,27,5467,95,1738,59,8149,27,1269,94,069Feb. 20, 2004Feb. 7Feb. 8Feb. 9Feb. 10Feb. 11Feb. 12Feb. 13Feb. 14Feb. 15Feb. 16Feb. 17Feb. 18Feb. 19Feb. 20 66,0111,32,0232,04,8222,75,9683,47,0534,20,4904,87,197Note : Figures are the scheduled commerci

(Rs. crore) Fortnight ended Total Amount Outstanding # Issued during the fortnight # Rate of Interest (per cent)@ 1 2 3 4 Jan. 10, 2003 1,199 59 4.37 — 6.61 Apr. 4, 2003 1,188 25 5.25 — 7.40 Jul. 11, 2003 2,242 44 4.45 — 6.25 Oct. 3, 2003 3,154 48 3.75 — 6.75 Dec. 26, 2003 3,830 113 3.75 — 6.00 Jan. 9, 2004 4,457 713 3.87 — 5.31 @ : Effective interest rate range per annum.

(Rs. crore) Fortnight ended Total Amount Reported during Rate of Interest Outstanding the fortnight (per cent)@ 1 2 3 4 Apr. 15, 2003 5,839 752 5.25 — 8.15 Jul. 15, 2003 7,069 1,142 5.15 — 6.80 Oct. 15, 2003 6,974 1,027 4.75 — 7.75 Jan. 15, 2004 9,525 1,542 4.63 — 6.00 Jan. 31, 2004 9,562 668 4.70 — 5.75 Feb. 15, 2004 9,355 601 4.73 — 6.75 @ : Typical effective discount rate range per annum on issues during the fortnight.

20032004Percentage Variation over WeightFeb. 1Dec. 6*Jan. 31#WeekMonthEndYearItems / Week ended March 1 23456789ALL COMMODITIES100.00169.1176.7178.90.20.73.85.8Primary Articles22.02175.6181.5182.6–0.20.82.54.0 (i)Fruits and Vegetables2.92175.3199.0189.7–0.50.24.28.2Fuel, Power, Light and Lubricants14.23244.2255.9262.2——2.37.4Manufactured Products63.75150.1157.4159.10.41.05.06.0 (i)Sugar, Khandsari and Gur3.93126.7141.6139.80.90.48.110.3 (ii)Edible Oils2.76146.5159.916

2003 2004 Feb. 12Feb. 9Feb. 10Feb. 11Feb. 12Feb. 131234567BSE SENSEX (1978-79=100)3247.515926.225932.525949.785936.966011.66S & P CNX NIFTY (3.11.1995=1000)1044.451880.701880.751891.501885.301913.60

(Rs. crore) Week Ended Jan. 2, 2004Jan. 9, 2004Jan. 16, 2004Jan. 23, 2004Jan. 30, 2004Feb. 6, 2004Feb. 13, 20041 23456781. Banks (a)Borrowings2,4832,5662,2862,4261,6821,3601,379 (b)Lendings4,6894,2564,2434,0962,9822,3832,0682. Primary Dealers (a)Borrowings5,9395,7255,7505,5224,1504,0664,020 (b)Lendings462651501051703. Non-Bank Institutions (a)Lendings3,0342,8982,9253,2952,4552,9572,8604. Total (a)Borrowings8,4228,2918,0367,9485,8325,4265,399 (b)Lendings7,7697,1807,219

(Rs. crore)Week EndedItemsJan. 9, 2004Jan. 16, 2004Jan. 23, 2004Jan. 30, 2004Feb. 6, 2004Feb. 13, 20041234567I.Outright Transactions(a)Govt. of India Dated Securities68,57536,02331,64725,28034,28138,579(b)State Government Securities580654354239677867(c)91 – Day Treasury Bills2,1961,4901,3004721,7441,983(d)364 – Day Treasury Bills1,7612,1631,6382,7752,0433,747II.RBI*5,021——5017—@ :Excluding Repo Transactions.*: RBI's sales and purchases include transactions in other of

(US$ Million) Merchant Inter-bank FCY / INR FCY / FCY FCY / INR FCY / FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 1 2345678910111213 Purchases Jan.26, 2004+ Jan.27, 200492934312534453612371972916051717 Jan.28, 200483244620937114461407158283783489— Jan.29, 20047293291403175103120917356768343732 Jan.30, 200483742733426206243102216902076218696 Sales Jan.26, 2004+ Jan.27, 200458615914727764215671446985

(Rs. crore) Week Ended Jan. 10, 2004Jan. 17, 2004Jan. 24, 2004Jan. 31, 2004Feb. 7, 2004Feb. 14, 20041234567Amount157.45296.3384.06120.0864.36102.68 Source : National Stock Exchange of India Ltd.

(Rs. crore) Feb. 13, 2004 Variation in Total Treasury BillsHoldersTreasury Bills of Different MaturitiesTotalOver theOver End 14 Day91 Day364 Day(2+3+4)WeekMarch (Intermediate)(Auction)(Auction) 1234567Reserve Bank of India—————–1,019 Banks—2,44015,94218,382165–10,512 State Governments3,891200—4,091–470–2,303 Others3694,09010,18914,647–569,494

(Devolvement/Private Placement on RBI and OMO Sales/Purchases)(Face Value in Rs. crore)  Gross Amount Raised  Net Amount Raised  2003-20042002-20032002-20032003-20042002-20032002-2003 (Upto(Upto (Upto(Upto  Feb. 13, 2004)Feb. 14, 2003) Feb. 13, 2004)Feb. 14, 2003)        12345671. Total1,25,934*$1,12,0001,25,00094,03284,58097,580of which :      

(Amount in Rs. crore) For the Week Ended Feb. 6, 2004 For the Week Ended Feb. 13, 2004 Item AmountYTM (%PA) Indicative** AmountYTM (%PA) Indicative** MinimumMaximum MinimumMaximum1 23 456 7I.Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 2003-044954.14034.42732854.15074.2810 2004-051364.41624.53295904.33574.5627 2005-06444.37634.51151994.50894.5810 2006-07114.62054.66051004.70624.7371 2007-081204.86785.0381— — — 2008-093754.85335.19054184