(Rs. crore)Item19981999Variation over Oct. 2Sep. 24Oct. 1WeekYear123456Notes in circulation1,55,3121,78,7841,78,321-46323,009Notes issued1,55,3561,78,8101,78,352-45822,996Notes held in Banking Department4426315-13Deposits : Central Government51100101150State Governments154141-26Scheduled Commercial Banks71,08965,36574,0928,7273,003Scheduled State Co-operative Banks750808751-571Other Banks1,1001,3251,41287312Others5,6966,9276,590-337894Other liabilities57,30366,62168,1

Variation over As on Oct. 8, 1999WeekEnd- March 1999End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. Crore US$ Mn.1234567891011 Total Reserves1,42,51632,769-679-804,51127914,6622,71317,5793,304of which : (a) Foreign Currency Assets1,30,66130,051-679-805,24952915,9683,09318,4643,585 (b) Gold11,8502,717---709-243-958-298-828-267 (c) SDRs51---29-7-348-82-57-14Note : 1. Foreign currency assets expressed in US dollar terms inclu

(Rs. crore) Outstanding as on Variation over Item1999 Financial year so far Sep. 24#Fortnight1998-991999-2000Year 123456Liabilities to the Banking System Demand and time deposits from banks33,7971,0544,2501,3875,865 Borrowings from Banks(1)12,9511402,5528793,239 Other demand and time liabilities(2)78249-1,00860345Liabilities to Others Aggregate deposits7,61,678@11,83463,17447,6531,00,020 (1.6)(10.6)(6.7)(15.1) Demand1,11,0764,447-560-6,3479,123 Time6,50,602@7,38763,73

(Per cent per annum) 1998 1999 Item / week endedOct. 2Sep. 3Sep. 10Sep. 17Sep. 24Oct. 11234567Bank 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 Rate39.00-11.508.00-10.508.00-10.508.00-10.508.00-10.508.00-10.50Call Money Rate (Low / High)47.25/9.507.80/10.357.75/11.157.75/12.606.75/11.408.25/10.501. Medium Term Lending Rate (MTLR).2. Prime Lending Rate rel

(Rs. crore) 1999-20001998-99 Outstanding as onVariations (3) - (2)Outstanding as onVariations (6) - (5) Item 19991999 1998 1998 Mar. 26Sep. 24 Mar. 27Sep. 25 1 2345 671.Bank Credit 3,68,8373,78,3949,5573,24,0793,30,6906,611 (2.6) (2.0) A.Food Credit 16,81620,5323,71612,48516,0793,594 B.Non-Food Credit 3,52,0213,57,8625,8413,11,5943,14,6113,017 (1.7) (1.0) 2.Investments 48,18653,391 @@5,20531,72739,908+8,181 A.Commercial Paper 4,0135,9971,9841,9934,7942,801 B.Bonds/Deb

Foreign Currency1998 1999 1998 1999 Oct. 9Oct. 4Oct. 5Oct. 6Oct. 7Oct. 8Oct. 9Oct. 4Oct. 5Oct. 6Oct. 7Oct. 81234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100@ 42.360043.580043.590043.580043.540043.4800 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying42.350043.570043.585043.570043.535043.47002.36072.29462.29412.29462.29672.2999DollarSelling42.360043.580043.595043.580043.545043.4800 Pound{ B

(Rs. crore) Outstanding Variation over as on Item Financial year so far 1999Fortnight1998-991999-2000Year Mar. 31#Sep. 24#Amount%Amount%Amount%Amount% 1234567891011M3 9,72,204 *10,40,4118,0800.874,090 *9.068,206 *7.01,44,989 *16.2 Components (i+ii+iii+iv) (i)Currency with the Public1,69,3821,76,875-4,103-2.35,9094.17,4924.425,38716.8(ii)Demand deposits with banks1,35,1111,29,5414,4923.6-1,015-0.9-5,570-4.111,83110.1(iii)Time deposits with banks6,63,8907,29,456@7,4311.

(Rs. crore) Outstanding Variation over as on Item Financial year so far 1999Week1998-991999-2000Year Mar. 31#Oct. 1#Amount%Amount%Amount%Amount% 1234567891011Reserve Money2,59,3712,62,8597,9583.18,9754.03,4881.327,48111.7 Components (i+ii+iii) (i)Currency in circulation1,75,8461,82,401-463-0.37,8535.26,5543.723,49214.8 of which : cash with banks6,464 (ii)Bankers' deposits with RBI79,70376,2568,75813.01,1341.6-3,448-4.33,3164.5 (iii)"Other" deposits with RBI3,8214,203-

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmountNumberTotal Face ValueNumberTotal Face ValuePDs/SDs*RBIIssuetedYield atOutstanding Com-Non- Com-Non- (8+9+AverageCut-offas on the petitiveCom- petitiveCom- 10+11)PricePriceDate of Issue petitive petitive (per cent)(Face Value) 12 34567891011121314151998-99 Oct.9Oct.1050015900— 9500— ——500 99.678.8702900 1999-2000 Apr.1Apr.31008190— 6100— ——100 99.707.823

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmountNumberTotal Face ValueNumberTotal Face ValuePDs/SDs*RBIIssuetedYield atOutstanding Com-Non- Com-Non- (8+9+AverageCut-offas on the petitiveCom- petitiveCom- 10+11)PricePriceDate of Issue petitive petitive (per cent)(Face Value)12 34567891011121314151998-99 Oct.9Oct.1050016692409382401144 54097.579.96216,151 1999-2000 Apr.1Apr.31001013020910020—— 12097.868

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolve-TotalWeigh-ImplicitAmountAuctionIssueAmountNumberTotal Face ValueNumberTotal Face ValuementIssuetedYield atOutstanding Com-Non- Com-Non-on(8+9+10)AverageCut-offas on the petitiveCom- petitiveCom-RBI PricePriceDate of Issue petitive petitive (per cent)(Face Value)12345678910111213141999-2000 Aug.4Aug.510040717—4100 ——10095.569.3145600 Aug.18Aug.1910018169—11100 ——10095.379.8856700 Sep.1Sep.2100161193002

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmountNumberTotal Face ValueNumberTotal Face ValuePDs/SDs*RBIIssuetedYield atOutstanding Com-Non- Com-Non- (8+9+AverageCut-offas on the petitiveCom- petitiveCom- 10+11)PricePriceDate of Issue petitive$ petitive$ (per cent)(Face Value)123456789101112131415 1998-99 Oct.7Oct.940020760 —10400———40090.3610.71745,8271999-2000 Apr.7Apr.9500411,325 —13500———50090.959.

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding#the fortnight #(Per cent)@1 234Oct.9, 19986,132786 7.75 — 13.50Jan.1, 19993,667621 8.00 — 17.35Apr.9, 19993,49467 7.00 — 12.50Jul.2, 19992,11130 6.25 — 11.50Aug.13, 19993,37548 6.50 — 11.00Aug.27, 19993,29372 8.00 — 11.50@ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal Amount OutstandingReported during the fortnightRate of Interest (Per cent)@1 234Oct.15, 19984,8031,1019.50 — 13.40Jan.15, 19995,4111,2159.75 — 13.00Apr.15, 19995,0291,3869.15 — 12.00Jul.15, 19996,3117549.30 — 12.00Sep.15, 19997,2937869.61 — 12.70Sep.30, 19997,6581,30510.00 — 13.00@ :Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation overItem / Week endedWeightSep. 26Jul. 31*Sep. 25#WeekMonthEndYear March 123456789ALL COMMODITIES100.00357.1359.3363.8-0.10.93.01.9Primary Articles32.30388.8388.7398.2-2.16.22.4(i) Fruits and Vegetables4.09560.2439.7452.70.39.110.3-19.2Fuel, Power, Light and Lubricants10.66381.7397.9401.8-0.82.95.3Manufactured Products57.04334.5335.5337.3-0.10.10.90.8(i) Sugar, Khandsari and Gur4.06334.7311.4315.3-0.80.19.4-5.8(ii) Edible Oils2.45366.4296.

1998 1999 Oct. 8Oct. 4Oct. 5Oct. 6Oct. 7Oct. 81 234567BSE SENSEX (1978-79=100)2,896.144,654.724,708.924,697.704,963.104,981.74S & P CNX NIFTY (3.11.1995=1000)847.951,372.301,378.151,392.701,469.751,479.25Note : NSE - 50, i.e. Nifty has since been rechristened as 'S & P CNX Nifty' with effect from July 28, 1998.

(Rs. crore) Fortnight Ended Mar. 26, '99Jun. 4, '99Jun. 18, '99Jul. 2, '99Jul. 16, '99Jul. 30, '99Aug. 13, '99 1 23456781.Banks (a)Borrowing12,05610,8349,8529,78810,33311,37111,823 (b)Lending7,7178,1466,7686,8407,9498,79310,3762.Primary Dealers (a)Borrowing4,5445,2975,1785,7525,3816,4946,031 (b)Lending2,2111,9721,9101,9191,7882,0781,7913.Non-Bank Institutions (a)Lending6,4815,8935,7376,2695,6665,6584,190

(Rs. crore) Week EndedItemsSep. 3, '99Sep. 10, '99Sep. 17, '99Sep. 24, '99Oct. 1, '99Oct. 8, '991234567I. Outright Transactions (a) Govt. of India Dated Securities9,1336,5716,24014,32113,3609,048(b) State Goverment Securities282511561033421(c) 14 - Day Treasury Bills—10412118450(d) 91 - Day Treasury Bills223273207291176199(e) 182 - Day Treasury Bills16422030208376(f) 364 - Day Treasury Bills7851,068634566669327II. RBI*421131,104303@ : Excluding Repo Transactions.* : R

(US$ Million) MerchantInter-bank FCY/INRFCY/FCYFCY/ INRFCY/FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 12345678910111213Purchases Sep.27, 1999322581162334184445818234514249 Sep.28, 199925149583111241462810539920814 Sep.29, 199926069363128175245169539913124 Sep.30, 1999 + Oct.1, 1999302851236292050179211052711114 Sales Sep.27, 1999341332422339222945519835415051 Sep.28, 199926914821212737064895412224

(Rs. crore) Week Ended Sep. 4, '99Sep. 10, '99Sep. 18, '99Sep. 25, '99Sep. 30, '99Oct. 9, '991234567Amount11.9511.3017.371.874.0112.95Source: National Stock Exchange of India Ltd.

1998 1999 ItemAs on FridayOct. 9Sep. 10Sep. 17Sep. 24Oct. 1Oct. 812345678Standard GoldOpening4,3804,0804,0804,1504,6504,700(Rs. per 10 grams) Closing4,3804,0804,0804,1504,5504,730 Silver (999.0 fineness)Opening7,6508,0758,0058,1258,4908,450(Rs. per kilogram) Closing7,6508,0808,0108,1258,4008,400Note : In case Friday is a holiday, prices relate to the preceding working day.Source : Bombay Bullion Association Ltd.

(Rs. crore)HoldersOctober 8, 1999Variation 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 India37—5542901,3902,2714901,457 Banks48—40747610,42211,353-3272,753 State Governments1,4003,469400600—5,869-1,872-734 Others1164373742342,4883,649187-306

(Devolvement / Private Placement on RBI and OMO Sales/ Purchases)(Face Value in Rs. crore) Gross Amount RaisedNet Amount Raised 1999-20001998-991998-991999-20001998-991998-99 (Upto(Upto (Upto(Upto Oct. 8, 1999)Oct. 9, 1998) Oct. 8, 1999)Oct. 9, 1998) 1234561.Total61,63061,12183,75350,27652,31868,950 of which : 1.1 Devolvement/Private Placement on RBI23,50018,20538,205 2. RBI's OMO Sales24,6519,29526,348 Purchases50——

(Amount in Rs. crore) For the Week Ended October 1, 1999For the Week Ended October 8, 1999ItemsAmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 234567I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1999-2000110.5712—0.2510.8271— 2000-013788.887612.060416010.498810.7883 2001-0239810.572113.522624510.600313.5253 2002-03 $37310.675111.789622010.711510.8441 2003-0447710.809111.192629310.818911.0338 2004-05