(Rs. crore) Item19981999Variation over Jul. 17Jul. 9Jul. 16WeekYear 123456Notes in circulation1,57,6821,87,1191,85,405-1,71427,723 Notes issued1,57,7141,87,1491,85,434-1,71527,720 Notes held in Banking Department322929—-3Deposits : Central Government51101101—50 State Governments123434—22 Scheduled Commercial Banks60,37170,37468,435-1,9398,064 Scheduled State Co-operative Banks622739610-129-12 Other Banks1,0931,3831,357-26264 Others12,65511,58711,541-46-1,114Other liab

Variation over As on July 23, 1999WeekEnd- March 1999End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011Total Reserves1,44,10733,3061,5633556,10281616,2533,25028,7316,184of which : (a) Foreign Currency Assets1,32,33930,5921,5283476,9271,07017,6463,63429,8286,499 (b) Gold11,7322,706——-827-254-1,076-309-1,094-314 (c) SDRs3683582—-317-75-3-1Note :1. Foreign currency assets expressed in US dollar terms in

(Rs. crore) Outstanding as onVariation over Item1999 Financial year so far Jul. 16#Fortnight1998-991999-2000Year 123456Liabilities to the Banking System Demand and time deposits from banks31,967-891,327-2936,958 Borrowings from Banks(1)11,2408681,203-3842,876 Other demand and time liabilities(2)1,031-37-943341529Liabilities to Others Aggregate deposits7,33,808@2,03620,18824,7161,15,136 (0.3)(3.4)(3.5)(18.6) Demand1,08,869-283*-4,926-4,61111,282 Time6,24,939@2,32025,11

(Per cent per annum) 1998 1999 Item / week endedJul. 17Jun. 18Jun. 25Jul. 2Jul. 9Jul. 161234567Bank Rate9.008.008.008.008.008.00I.D.B.I.114.0013.5013.5013.5013.5013.50Prime Lending Rate212.75-13.0012.00-12.5012.0012.0012.0012.00Deposit Rate39.00-12.008.00-10.508.00-10.508.00-10.508.00-10.508.00-10.50Call Money Rate (Low / High)42.00/6.757.00/9.008.00/9.007.35/8.408.00/8.908.00/9.251. Medium Term Lending Rate (MTLR).2. Prime Lending Rate relates to five major banks.3.

(Rs. crore) 1999-20001998-99 OutstandingVariationsOutstandingVariations as on(3) - (2)as on(6) - (5) Item19991999 19981998 Mar. 26Jul. 16 Mar. 27Jul. 17 1 2345671.Bank Credit3,66,0033,72,7156,7113,24,0793,23,396-683 (1.8) (-0.2) A.Food Credit16,81622,6975,88112,48517,7015,216 B.Non-Food Credit3,49,1873,50,0188313,11,5943,05,695-5,899 (0.2) (-1.9) 2.Investments £48,27151,280 @@3,00931,57935,404+3,824 A.Commercial Paper3,9375,9141,9772,0273,7111,684 B.Bonds/Debentures/P

Foreign 1998 1999 1998 1999 Currency Jul. 24Jul. 19Jul. 20Jul. 21Jul. 22Jul. 23Jul. 24Jul. 19Jul. 20Jul. 21Jul. 22Jul. 231234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100@ 42.530043.220043.200043.260043.260043.2600 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying42.520043.215043.190043.250043.250043.25502.35132.31272.31482.31162.31162.3116DollarSelling42.540043.225043.200043.260043.260043.

(Rs. crore) Outstanding Variation over as on Item Financial year so far 1999Fortnight1998-991999-2000Year Mar. 31#July 2#Amount%Amount%Amount%Amount% 1234567891011M3 9,66,149*10,13,9793,221*0.336,796*4.547,829*5.01,56,899*18.3 Components (i+ii+iii+iv) (i)Currency with the Public1,70,1191,82,174-2,968-1.610,1246.912,0557.126,04616.7(ii)Demand deposits with banks1,30,2671,27,5672,6932.2-3,070-2.6-2,700-2.112,70011.1(iii)Time deposits with banks6,61,9526,98,892@3,2730.52

(Rs. crore) OutstandingVariation over as on Item Financial year so far 1999Week1998-991999-2000Year Mar. 31#Jul. 16#Amount%Amount%Amount%Amount% 1234567891011Reserve Money2,59,2202,64,538-3,855-1.41,3440.65,3172.136,79216.2 Components (i+ii+iii) (i)Currency in circulation1,75,7051,89,251-1,714-0.910,1086.713,5467.728,08717.4 of which : cash with banks5,5864,264 * (ii)Bankers' deposits with RBI79,70370,402-2,095-2.9-9,719-13.5-9,302-11.78,31513.4 (iii)"Other" deposits

(Rs. crore)Date ofDate ofNotifiedCompetitiveDevolvementNon-Compe-TotalWeightedImplicit YieldAmount Outstan-AuctionIssueAmountBidson PDs andtitive BidsIssueAverageat Cut-offding as on the AcceptedRBI*Accepted(4+5+6)PricePriceDate of Issue (Face Value)(Face Value)(Face Value)(Face Value) (per cent)(Face Value) 1 2345678910Oct.9, '98Oct.10, '98500500——50099.678.8702900 Jan.1, '99Jan.2, '99100100——10099.659.1320200 Apr.1, '99Apr.3, '99100100——10099.707.8235200 Jul.2, '99J

(Rs. crore)Date ofDate ofNotifiedCompetitiveDevolvementNon-Compe-TotalWeightedImplicit YieldAmount Outstan-AuctionIssueAmountBidson PDs andtitive BidsIssueAverageat Cut-offding as on the AcceptedRBI*Accepted(4+5+6)PricePriceDate of Issue (Face Value)(Face Value)(Face Value)(Face Value) (per cent)(Face Value) 1 2345678910Oct.9, '98Oct.10, '985003821184054097.579.96216,151Jan.1, '99Jan.2, '99100100——10097.679.54235,670Apr.1, '99Apr.3, '99100100—2012097.868.74721,520Jul.

(Rs. crore)Date ofDate ofNotifiedCompetitiveDevolvementNon-Compe-TotalWeightedImplicit YieldAmount Outstan-AuctionIssueAmountBidsontitive 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 2345678910May26, '99May27, '99100100——10095.389.7096100Jun.9, '99Jun.10, '99100100——10095.369.7315200Jun.23, '99Jun.24, '99100100——10095.309.9738300Jul.7, '99Jul.8, '991

(Rs. crore)Date ofDate ofNotifiedCompetitiveDevolvementNon-Compe-TotalWeightedImplicit YieldAmount Outstan-AuctionIssueAmountBidson PDs andtitive BidsIssueAverageat Cut-offding as on the AcceptedRBI*Accepted(4+5+6)PricePriceDate of Issue (Face Value)(Face Value)(Face Value)(Face Value) (per cent)(Face Value) 1 2345678910Jul.1, '98Jul.3, '98100—100—10092.617.979710,153@Oct.7, '98Oct.9, '98400400——40090.3610.71745,827 Jan.13, '99Jan.15, '99750750——75090.5210.49726,519 A

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding#the fortnight #(Per cent)@1 234Jul.17, 19987,287807 8.00 — 12.50Oct.9, 19986,132786 7.75 — 13.50Jan.1, 19993,667621 8.00 — 17.35Apr.9, 19993,49467 7.00 — 12.50May21, 19992,74453 8.00 — 12.00Jun.4, 19992,346108 8.50 — 13.07@ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal AmountReported duringRate of Interest Outstandingthe fortnight(Per cent)@1 234Jul.15, 19983,912772 8.20 — 13.50Oct.15, 19984,8031,101 9.50 — 13.40Jan.15, 19995,4111,215 9.75 — 13.00Apr.15, 19995,0291,386 9.15 — 12.00Jun.30, 19997,679987 9.30 — 12.38Jul.15, 19996,311754 9.30 — 12.00@ :Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation overItem / Week endedWeightJul. 11May 15*Jul. 10#WeekMonthEndYear March 123456789ALL COMMODITIES100.00350.5356.3357.0—0.11.01.9Primary Articles32.30375.7381.1381.4—-0.21.71.5(i) Fruits and Vegetables4.09504.0424.6397.4-2.5-4.6-3.2-21.2Fuel, Power, Light and Lubricants10.66379.8390.5394.5—1.01.03.9Manufactured Products57.04330.8335.8336.20.1—0.61.6(i) Sugar, Khandsari and Gur4.06322.7306.2306.41.10.26.4-5.1(ii) Edible Oils2.45339.5341.5332.

19981999 Jul. 23Jul. 19Jul. 20Jul. 21Jul. 22Jul. 231234567BSE SENSEX (1978-79=100)3,227.524,716.814,617.824,659.594,728.784,672.12S & P CNX NIFTY (3.11.1995=1000)934.401,349.601,314.701,340.151,349.201,342.95Note : NSE - 50, i.e. Nifty has since been rechristened as 'S & P CNX Nifty' with effect from July 28, 1998.

(Rs. crore) Fortnight Ended Feb. 26, '99Mar. 12, '99Mar. 26, '99Apr. 9, '99Apr. 23, '99May 7, '99 May 21, '991 23456781.Banks a)Borrowing10,00611,35112,05612,14311,61211,43710,650 b)Lending6,6987,0477,7179,6919,6599,2218,0962.Primary Dealers a)Borrowing4,6663,7054,5444,5984,8024,0204,327 b)Lending1,6031,6792,2111,6681,6771,9901,8483.Non-Bank Institutions a)Lending5,6625,9506,4814,2143,9493,6354,994

(Rs. crore) Week EndedItemsJun. 18, '99Jun. 25, '99Jul. 2, '99Jul. 9, '99Jul. 16, '99Jul. 23, '99 1234567I. Outright Transactions a.Govt. of India Dated Securities8,51910,0615,17213,46410,83119,539b.State Goverment Securities98421183017150c.14 - Day Treasury Bills324194163296203144d.91 - Day Treasury Bills169139262362206295e.182 - Day Treasury Bills—1011589380280f.364 - Day Treasury Bills844367468369645600II. RBI*3739738135100@ : Excluding Repo Transactions.* : RBI's

(US$ Million) MerchantInter-bank FCY/INRFCY/FCYFCY/ INRFCY/FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 12345678910111213Purchases Jul.12, 1999237119262344124877029528414916 Jul.13, 199921579123139164654226941315227 Jul.14, 19992295812122819416548383272085 Jul.15, 199922057321448324299004645517928 Jul.16, 199925866191928234905525833816831 Sales Jul.12, 1999275157212947124637416628315715 Jul.13, 1999

(Rs. crore) Week Ended Jun. 19, '99Jun. 26, '99Jul. 3, '99Jul. 10, '99Jul. 17, '99Jul. 24, '991234567Amount12.6016.799.065.6930.851.89Source: National Stock Exchange of India Ltd.

19981999ItemAs on FridayJul. 24Jun. 25Jul. 2Jul. 9Jul. 16Jul. 2312345678Standard GoldOpening4,2804,1204,1504,0754,0204,020(Rs. per 10 grams) Closing4,2804,1204,1504,0754,0204,020 Silver (999.0 fineness)Opening8,4007,9658,1258,0357,8707,935(Rs. per kilogram) Closing8,4157,9408,1458,0307,9157,940Note : In case Friday is a holiday, prices relate to the preceding working day.Source : Bombay Bullion Association Ltd.

(Rs. crore)HoldersJuly 23, 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 India——348—1,2901,63838824 Banks50—4992899,60610,4453101,845 State Governments8002,2612,075——5,136-67-1,467 Others1503595532112,4033,676-261-279

(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 July 23, 1999)July 24, 1998) July 23, 1999)July 24, 1998) 1234561.Total46,63047,42983,75339,83142,77068,950 of which : 1.1Devolvement/Private Placement on RBI23,50015,77238,205 2.RBI's OMO Sales18,6201,65926,348 Purchases50——

(Amount in Rs. crore) For the Week Ended July 16, 1999For the Week Ended July 23, 1999ItemsAmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 23 4 5 6 7I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1999-20001449.624910.2881 2599.953910.2957 2000-0191510.194711.0444 1,18510.129910.6665 2001-0262510.767510.9763 96410.668310.9234 2002-03 $41610.271511.0437 80310.917411.8617 2003-0432510.998811.8311 95811.