(Rs. crore) 19981999 Variation over Item Apr. 10Apr. 2Apr. 9WeekYear123456Notes in circulation1,53,0211,71,9281,77,6535,72524,632Notes issued1,53,0561,71,9681,77,6835,71524,627Notes held in Banking Department354029-11-6Deposits : Central Government50101100-150State Governments132614-121Scheduled Commercial Banks58,00976,68064,000-12,6805,991Scheduled State Co-operative Banks535749730-19195Other Banks9871,2131,107-106120Others5,0316,0376,1371001,106Other liabilities50,

Variation over As on Apr. 16, 1999WeekEnd- March 1999End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011 Total Reserves1,39,22032,581-44-661,2159111,3662,52522,3573,111of which : (a) Foreign Currency Assets1,26,62729,613-44-661,2159111,9342,65521,8463,202 (b) Gold12,5592,960————-249-55481-98 (c) SDRs348————-319-75307Note : 1. Foreign currency assets expressed in US dollar terms include the effect of r

(Rs. crore) Outstanding as onVariation overItem1999 Financial year so far Apr. 9#Fortnight1998-991999-2000Year123456 Liabilities to the Banking System Demand and time deposits from banks33,3511,0911,2861,0918,383Borrowings from Banks(1)11,418-206-258-2064,516Other demand and time liabilities(2)1,058368-822368435Liabilities to Others Aggregate deposits7,24,990 @7,7194,0127,7191,15,568 (1.1)(0.7)(1.1)(19.0)Demand1,15,8222,342-3,3222,34216,631Time6,09,168 @5,3777,3345,37

(Per cent per annum) 19981999Item / week endedApr. 10Mar. 12Mar. 19Mar. 26Apr. 2Apr. 91234567Bank Rate10.008.008.008.008.008.00I.D.B.I.114.0014.0013.5013.5013.5013.50Prime Lending Rate213.50-14.0012.00-13.0012.00-13.0012.00-13.0012.00-12.5012.00-12.50Deposit Rate310.50-12.009.00-11.509.00-11.509.00-11.509.00-11.008.00-10.50Call Money Rate (Low / High)45.75 /7.357.00 /8.507.60 /11.253.00/10.007.00/14.000.25/8.601. Medium Term Lending Rate (MTLR). 2. Prime Lending Rate

(Rs. crore) 1998-991997-98 Outstanding as onVariations (3) - (2)Outstanding as onVariations (6) - (5) Item 19981999 19971998 Mar. 27Mar. 26 Mar. 28Mar. 27 1 234567 1.Bank Credit3,24,0793,66,00341,9252,78,4013,24,07945,677 (12.9) (16.4) A.Food Credit12,48516,8164,3317,59712,4854,889 B.Non-Food Credit3,11,5943,49,18737,5942,70,8053,11,59440,789 (12.1) (15.1) 2.Investments31,91248,059 @16,14718,48431,539+13,055 A.Commercial Paper2,0454,3702,3266642,6311,967 B.Bonds/Deben

Foreign 1998199919981999Currency Apr. 17Apr. 12Apr. 13Apr. 14+Apr. 15Apr. 16Apr. 17Apr. 12Apr. 13 Apr. 14+Apr. 15Apr. 161234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100 @ 39.710042.700042.7100 42.830042.7600 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying39.700042.695042.7100 42.825042.75002.51832.34192.3414 2.33482.3386DollarSelling39.710042.705042.7200 42.835042.7600 Pound{ Buying67.16

(Rs. crore) Outstanding as onVariation over Item Financial year so far 19981999Fortnight1997-981998-99Year Mar. 31#Mar. 26#Amount%Amount%Amount%Amount% 1234567891011M3 8,27,2099,75,20018,0041.91,26,57218.01,47,99117.91,46,78017.7 Components (i+ii+iii+iv) (i)Currency with the Public1,46,0041,70,659-2,688-1.614,77511.224,65516.923,79716.2(ii)Demand deposits with banks1,17,9371,30,26710,9329.212,56911.912,33010.512,36410.5(iii)Time deposits with banks5,59,7286,70,130 @8,

(Rs. crore)Outstanding as onVariation over Item Financial year so far 1999Week1998-991999-2000 Year Mar. 31#Apr. 9#Amount%Amount%Amount%Amount% 1234567891011Reserve Money2,59,2202,51,148-6,978-2.7-7,394-3.3-8,072-3.132,14014.7 Components (i+ii+iii) (i)Currency in circulation1,75,7051,81,3585,7253.35,3183.55,6533.224,98416.0 of which : cash with banks5,5864,224 * (ii)Bankers' deposits with RBI79,70365,838-12,804-16.3-12,274-17.1-13,865-17.46,30710.6 (iii)"Other" deposi

(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 2345678910Jul.3, '98Jul.4, '98100100——10099.775.9938600 Oct.9, '98Oct.10, '98500500——50099.678.8702900 Jan.1, '99Jan.2, '99100100——10099.659.

(Rs. crore)Date ofDate ofNotifiedCompetitiveDevolvementNon-Compe-TotalWeightedImplicit YieldAmount Outstan-AuctionIssueAmountBidson PDs andtitive BidsIssueAverageat Cut-offding as on the AcceptedRBIAccepted(4+5+6)PricePriceDate of Issue (Face Value)(Face Value)(Face Value)(Face Value) (per cent)(Face Value) 1 2345678910Jul.3, '98Jul.4, '9810020805015098.207.33203,460 Oct.9, '98Oct.10, '985003821184054097.579.96216,151 Jan.1, '99Jan.2, '99100100——10097.679.54235,670 Ap

(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)123456789Apr.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—75090.5210.49726,5

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding#the fortnight #(Per cent)@1 2 34Jan.2, 1998 6,876 8116.50 — 11.75Apr.10, 1998 14,584 6278.25 — 24.00Jul.17, 1998 7,287 8078.00 — 12.50Oct.9, 1998 6,132 7867.75 — 13.50Dec.4, 1998 4,517 3476.75 — 12.50Dec.18, 1998 4,186 4758.25 — 15.50@ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal AmountReported duringRate of Interest Outstandingthe fortnight(Per cent)@1 23 4 Apr.15, 19981,030338 11.75 — 18.00 Jul.15, 19983,912772 8.20 — 13.50 Oct.15, 19984,8031,101 9.50 — 13.40 Jan.15, 19995,4111,215 9.75 — 13.00 Mar.15, 19995,1491,024 8.50 — 13.25 Mar.31, 19994,770866 9.10 — 13.25 @ : Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation overItem / Week endedWeightApr. 4Feb. 6 *Apr. 3#WeekMonthEndYear March 123456789ALL COMMODITIES100.00339.1355.0354.70.20.20.24.6Primary Articles32.30352.6383.8381.80.50.30.58.3(i) Fruits and Vegetables4.09405.1413.2441.46.78.16.79.0Fuel, Power, Light and Lubricants10.66383.0376.1379.5———-0.9Manufactured Products57.04323.3334.8334.7—0.1—3.5(i) Sugar, Khandsari and Gur4.06303.1288.8289.4-0.3-0.8-0.3-4.5(ii) Edible Oils2.45310.3355.8341.0-0.7

1998 1999 Apr. 16Apr. 12Apr. 13Apr. 14 +Apr. 15Apr. 161234567BSE SENSEX (1978-79=100)4,134.323,463.773,464.52 3,357.123,572.91S & P CNX NIFTY (3.11.1995=1000)1,197.05998.20994.25 968.601,044.45Note : 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, '991 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 Ended ItemsMar. 12, '99Mar. 19, '99Mar. 26, '99Apr. 2, '99Apr. 9, '99Apr. 16, '99 1234567I. Outright Transactions a.Govt. of India Dated Securities15,1006,3217,2686,02322,93314,912b.State Goverment Securities172969922418c.14 - Day Treasury Bills2335221428115120d.91 - Day Treasury Bills439480117130252379e.364 - Day Treasury Bills1,0101,0726541,6721,5051,182II. RBI*2,203763459613,4302,304@ : Excluding Repo Transactions.* : RBI's sales and purchases incl

(US$ Million) Merchant Inter-bank FCY/INRFCY/FCYFCY/ INRFCY/FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 12345678910111213Purchases Mar.22, 1999515124793312105706226121912511 Mar.23, 1999271951051434184568629639416620 Mar.24, 19993719711732394039586412344835534 Mar.25, 1999 + Mar.26, 19995621381975839507431,01912153533249 Sales Mar.22, 199929619263711108746117625114012 Mar.23, 1999239142426141849971

(Rs. crore) Week Ended Mar. 13, '99Mar. 20, '99Mar. 27, '99Apr. 3, '99Apr. 10, '99Apr. 17, '991234567Amount36.343.3444.0145.361.666.46 Source: National Stock Exchange of India Ltd.

1998 1999 ItemAs on FridayApr. 17Mar. 19Mar. 26Apr. 2Apr. 9Apr. 1612345678Standard GoldOpening4,2054,3154,2704,3404,3504,400 (Rs. per 10 grams)Closing4,2104,3054,2504,3454,3654,415 Silver (999.0 fineness)Opening8,8157,6157,6757,6857,6307,710 (Rs. per kilogram)Closing8,7957,6007,6707,7107,6407,710Note : In case Friday is a holiday, prices relate to the preceding working day.Source : Bombay Bullion Association Ltd.

(Rs. crore)HoldersApril 16, 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 India--129490619-145-195 Banks100-8528,1759,127151529 State Governments-3,596--3,596-599-3,008 Others-3953841,9352,714-332-120

(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 April 16, 1999)April 17, 1998) April 16, 1999)April 17, 1998) 123456 1. Total13,0008,00083,7538,5838,00068,950 of which : 1.1 Devolvement/Private Placement on RBI 7,000-38,205 2. RBI's OMO Sales6,49521226,348 Purchases---

(Amount in Rs. crore) For the Week Ended April 9, 1999For the Week Ended April 16, 1999 ItemsAmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum 1234 5 6 7I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1999-20003998.847210.4246 1057.309012.3809 2000-011,36910.122411.0347 36810.402410.7229 2001-021,18310.868111.1475 71110.631211.0327 2002-03 $84011.042311.5150 55411.024511.1138 2003-041,03311.179011.6828 6