(Rs. crore) 19981999Variation overItemMay 29May 21May 28WeekYear123456Notes in circulation1,60,3521,87,4351,85,290-2,14524,938 Notes issued1,60,3971,87,4801,85,333-2,14724,936 Notes held in Banking Department454544-1-1Deposits : Central Government51101101-50 State Governments152625-110 Scheduled Commercial Banks59,87565,24871,7636,51511,888 Scheduled State Co-operative Banks6686777487180 Other Banks9911,1941,29096299 Others4,3465,2085,093-115747Other liabilities55,812

Variation over As on June 4, 1999WeekEnd- March 1999End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011Total Reserves1,43,53333,433-575-995,52894315,6793,37724,7004,954of which : (a) Foreign Currency Assets1,31,28130,573-326-405,8691,05116,5883,61526,0195,363 (b) Gold12,2512,860-249-59-308-100-557-155-605-238 (c) SDRs1----33-8-352-83-714-171Note : 1.Foreign currency assets expressed in US dollar terms

(Rs. crore) Outstanding as onVariation overItem1999 Financial year so far May 28#Month1998-991999-2000Year123456Liabilities to the Banking System Demand and time deposits from banks32,264-91416748,415 Borrowings from Banks(1)13,718-6074882,0956,070 Other demand and time liabilities(2)1,198267-915508668Liabilities to Others Aggregate deposits7,30,078@2,15311,13812,8071,13,530 (0.3)(1.8)(1.8)(18.4) Demand1,08,693-3,645-6,438-4,78712,617 Time6,21,385@5,79817,57517,5941,0

(Per cent per annum) 19981999Item / week endedMay 29Apr. 30May 7May 14May 21May 281234567Bank Rate9.008.008.008.008.008.00I.D.B.I.114.0013.5013.5013.5013.5013.50Prime Lending Rate212.75-13.0012.00-12.5012.00-12.5012.00-12.5012.00-12.5012.00-12.50Deposit Rate39.00-12.008.00-10.508.00-10.508.00-10.508.00-10.508.00-10.50Call Money Rate (Low / High)45.60/8.757.90/9.507.90/11.008.50/11.007.00/11.107.85/9.251. Medium Term Lending Rate (MTLR).2. Prime Lending Rate relates to

(Rs. crore) 1999-2000 1998-99 OutstandingVariationsOutstandingVariations as on(3) - (2)as on(6) - (5) Item19991999 19981998 Mar. 26May 21 Mar. 27May 22 1 2345671.Bank Credit3,66,0033,68,4432,4393,24,0793,20,390-3,689 (0.7) (-1.1) A.Food Credit16,81621,7974,98112,48515,4923,007 B.Non-Food Credit3,49,1873,46,645-2,5423,11,5943,04,898-6,696 (-0.7) (-2.1) 2.Investments48,45149,584 @@1,13331,86434,328 +2,464 A.Commercial Paper4,0624,5544921,9693,5101,541 B.Bonds/Debentures

Foreign 1998199919981999Currency Jun. 5May 31Jun. 1Jun. 2Jun. 3Jun. 4Jun. 5May 31Jun. 1Jun. 2Jun. 3Jun. 41234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100 @ 41.800042.840042.870042.940042.930042.9400 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying41.790042.840042.865042.940042.925042.93002.39232.33432.33262.32882.32942.3288DollarSelling41.800042.850042.875042.950042.935042.9400 Pound{ Buy

(Rs. crore) OutstandingVariation over as on Item Financial year so far 1999Fortnight1998-991999-2000Year Mar. 31#May 21#Amount%Amount%Amount%Amount% 1234567891011M3 9,74,32810,00,6571,6710.221,9662.726,3292.71,51,48217.8Components (i+ii+iii+iv) (i)Currency with the Public1,70,1191,85,329-340-0.213,4839.215,2108.925,84216.2(ii)Demand deposits with banks1,30,2671,25,5181330.1-6,066-5.1-4,749-3.613,64812.2(iii)Time deposits with banks6,70,1306,86,788@1,9210.315,6132.816,

(Rs. crore) Outstanding Variation over as on Item Financial year so far 1999Week1998-991999-2000Year Mar. 31#May 28#Amount%Amount%Amount%Amount% 1234567891011Reserve Money2,59,2202,65,7034,4221.71,3340.66,4832.537,96816.7 Components (i+ii+iii) (i)Currency in circulation1,75,7051,88,994-2,145-1.112,7348.413,2907.625,20515.4 of which : cash with banks5,586.. (ii)Bankers' deposits with RBI79,70373,8016,68310.0-10,271-14.3-5,902-7.412,26719.9 (iii)"Other" deposits with RB

(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) 1 234 56 78910Jul.3, '98Jul.4, '98100100 —— 10099.775.9938600Oct.9, '98Oct.10, '98500500 —— 50099.678.8702900Jan.1, '99Jan.2, '99100100 —— 100

(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) 1 234 5 6 78910Jul.3, '98Jul.4, '9810020 80 50 15098.207.33203,460Oct.9, '98Oct.10, '98500382 118 40 54097.579.96216,151Jan.1, '99Jan.2, '9910

(Rs. crore)Date of AuctionDate of IssueNotified AmountCompetitive Bids Accepted (Face Value)Devolvement on 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) 12345678910May26, '99May 27, '99100100——10095.389.7096100

(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 23456789 10 Jul.1, '98Jul.3, '98100—100—10092.617.9797 10,153@Oct.7, '98Oct.9, '98400400——40090.3610.7174 5,827 Jan.13, '99Jan.15, '99750750

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding#the fortnight #(Per cent)@1 2 3 4Apr.10, 1998 14,584 627 8.25 — 24.00Jul.17, 1998 7,287 807 8.00 — 12.50Oct.9, 1998 6,132 786 7.75 — 13.50Jan.1, 1999 3,667 621 8.00 — 17.35Mar.12, 1999 3,897 123 7.75 — 12.55Mar.26, 1999 3,717 67 8.00 — 12.50@ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal AmountReported duringRate of Interest Outstandingthe fortnight(Per cent)@1 234Jul.15, 19983,912 772 8.20 — 13.50Oct.15, 19984,803 1,101 9.50 — 13.40Jan.15, 19995,411 1,215 9.75 — 13.00Apr.15, 19995,029 1,386 9.15 — 12.00May15, 19996,590 1,634 9.33 — 12.50May31, 19996,899 998 9.00 — 12.50@ :Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation overItem / Week endedWeightMay 23Mar. 27*May 22#WeekMonthEndYear March 123456789ALL COMMODITIES100.00344.0353.3357.60.10.71.24.0Primary Articles32.30363.7374.9385.70.21.82.96.0(i) Fruits and Vegetables4.09479.7410.5450.3-0.9-0.99.7-6.1Fuel, Power, Light and Lubricants10.66380.4390.5390.5———2.7Manufactured Products57.04326.0334.2335.60.10.20.42.9(i) Sugar, Khandsari and Gur4.06312.3288.1307.91.63.86.9-1.4(ii) Edible Oils2.45321.2353.7339.2-

19981999 Jun. 4May 31Jun. 1Jun. 2Jun. 3Jun. 41234567BSE SENSEX (1978-79=100)3,546.213,963.563,912.003,935.823,976.884,042.52S & P CNX NIFTY (3.11.1995=1000)1,027.001,132.301,123.801,125.151,136.651,155.05Note : 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 EndedItemsApr. 30, '99May 7, '99May 14, '99May 21, '99May 28, '99Jun. 4, '99 1234567I. Outright Transactions a.Govt. of India Dated Securities7,81117,75212,5689,70221,41816,038b.State Goverment Securities15855499295524245c.14 -- Day Treasury Bills207229258124304280d.91 -- Day Treasury Bills112160235250137552e.182 -- Day Treasury Bills—————18f.364 -- Day Treasury Bills5395403776811,1611,357II. RBI*—4,365617—2,8062,861@ : Excluding Repo Transactions.* :

(US$ Million) MerchantInter-bank FCY/INRFCY/FCYFCY/ INR FCY/FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 12345678910111213Purchases May24, 199925848381328123625296024520914 May25, 199919165561418253326067235216917 May26, 1999190631422238264737545635724342 May27, 1999190134998353670085112730617327 May28, 19993521131322360427341,00818126519664 Sales May24, 19993676317530153434394325522615 May25, 19992

(Rs. crore) Week Ended Apr. 29, '99May 8, '99May 15, '99May 22, '99May 29, '99Jun. 5, '991234567Amount1.4460.171.697.411.221.14Source: National Stock Exchange of India Ltd.

19981999ItemAs on FridayJun. 5May 7May 14May 21May 28Jun. 412345678Standard GoldOpening4,1854,4704,3204,2804,2504,160(Rs. per 10 grams) Closing4,1704,4104,3104,2854,2504,160 Silver (999.0 fineness)Opening7,6208,2008,4058,1757,7807,655(Rs. per kilogram) Closing7,6058,1258,3808,1857,7557,610Note : In case Friday is a holiday, prices relate to the preceding working day.Source : Bombay Bullion Association Ltd.

(Rs. crore)HoldersJune 4, 1999 Variation in Total Treasury Bills Treasury Bills of Different MaturitiesTotalOver theOver End 14 Day14 Day91 Day182 Day364 Day(2+3+4+WeekMarch (Auction)(Intermediate)(Auction)(Auction)(Auction)5+6) 123456789Reserve Bank of India24—315—490829-5615 Banks138—60199,0689,8154251,217 State Governments1006,886875——7,8611,7791,257 Others39387574912,6423,73330899

(Devolvement/ Private Placement on RBI and OMO Sales/ Purchases)(Face Value in Rs. crore) Gross Amount Raised Net Amount Raised 1999-20001998-991998-991999-20001998-991998-99 (Upto(Upto (Upto(Upto June 4, 1999)June 5, 1998) June 4, 1999) June 5, 1998) 1234561.Total 30,00083,75327,27325,51368,950 of which : 1.1Devolvement/Private Placement on RBI21,00014,00038,205 2. RBI's OMO Sales17,66925326,348 Purchases———

(Amount in Rs. crore) For the Week Ended May 28, 1999For the Week Ended June 4, 1999ItemsAmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 23 4 5 67 I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1999-20002138.123811.4696 1836.530310.5751 2000-0155510.172410.9600 41810.000511.0286 2001-0232610.718811.0439 38110.824713.5460 2002-03 $20111.005611.6631 7710.953511.1377 2003-0465011.083911.4414 80011.14051