(Rs.crore) 2004 2005 Variation Item Apr. 23 Apr. 15 Apr. 22# Week Year 1 2 3 4 5 6 Notes issued 3,33,483 3,74,318 3,76,043 1,725 42,561 Notes in circulation 3,33,457 3,74,304 3,76,032 1,728 42,574 Notes held in Banking Department 25 14 12 –2 –14 Deposits Central Government 6,856 100 100 — –6,756 Market Stabilisation Scheme 15,409 66,121 66,121 — 50,712 State Governments 41 41 107 66 66 Scheduled Commercial Banks 77,427 1,03,427 97,304 –6,123 19,877 Scheduled State Co-

Variation over Item As on Apr. 22, 2005 Week End-March2005 End-December 2004 Year Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. 1 2 3 4 5 6 7 8 9 10 11 Total Reserves 6,23,633 1,42,546 3,281 1,001 4,517 1,032 51,955 11,368 1,03,398 24,667 (a) Foreign Currency Assets 5,97,601 1,36,595 3,223 985* 4,480 1,024 52,135 11,431 1,01,268 24,201 (b) Gold 19,686 4,500 — — — — –283 –82 1,470 302 (c) SDRs 20 5 — — — — –2 — 10 3 (d) Reserve Po

(Rs. crore) Outstanding Variation over as on Financial year so far Year-on-year Item 2005 Fortnight Apr. 15# 2004-2005 2005-2006 2004 2005 1 2 3 4 5 6 7 Liabilities to the Banking System Demand and time deposits from Banks 40,063 –548 2,969 3,291 16 260 Borrowings from Banks (1) 31,558 –1,646 –528 3,647 –3,245 17,060 Other demand and time liabilities(2) 11,195 7,229 60 8,061 47 8,508 Liabilities to Others Aggregate deposits@ 17,76,250 9,622 33,932 56,303 2,17,794 2,37

(per cent per annum) 2004 2005 Item / week ended Apr. 16 Mar. 11 Mar. 18 Mar. 25 Apr. 1 Apr. 8 Apr. 15 1 2 3 4 5 6 7 8 Cash Reserve Ratio (per cent)(1) 4.50 5.00 5.00 5.00 5.00 5.00 5.00 Bank Rate 6.00 6.00 6.00 6.00 6.00 6.00 6.00 I.D.B.I.(2) 10.25 10.25 10.25 10.25 10.25 10.25 10.25 Prime Lending Rate(3) 10.25-11.00 10.25-10.75 10.25-10.75 10.25-10.75 10.25-10.75 10.25-10.75 10.25-10.75 Deposit Rate(4) 5.00-5.50 5.25-6.25 5.25-6.25 5.25-6.25 5.25-6.25 5.25-6.25 5.25

(Rs. crore) 2005 - 2006 2004 - 2005 Outstanding Variation Outstanding Variation as on (3) - (2) as on (6) - (5) 2005 2004 Item Mar. 18 Apr. 15 Mar. 19 Apr. 16 1 2 3 4 5 6 7 1. Bank Credit 10,92,091 11,32,274 40,184 8,40,785 8,60,871 20,086 (3.7) (2.4) A. Food Credit 41,121 36,847 –4,274 35,961 38,326 2,365 B. Non-Food Credit 10,50,970 10,95,428 44,458 8,04,824 8,22,545 17,721 (4.2) (2.2) [10,18,288] [10,62,745] 2. Investments 93,311 93,592 @ 281 88,985 88,109 + –876 A

Foreign 2004 2005 2004 2005 Currency Apr. 23 Apr. 18+ Apr. 19 Apr. 20 Apr. 21 Apr. 22+ Apr. 23 Apr. 18+ Apr. 19 Apr. 20 Apr. 21 Apr. 22+ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 RBI's Reference Rate (Rs. per Foreign Currency) Foreign Currency per Rs. 100@ U.S. Dollar 44.1600 43.7600 43.7600 43.7500 (Based on Middle Rates) Euro 52.6200 57.0100 57.1600 57.2800 FEDAI Indicative Rates (Rs. per Foreign Currency) U.S. { Buying 44.1600 43.7550 43.7600 43.7450 2.2645 2.2852 2.2852 2.

(Rs. crore) Outstanding as on Variation over Financial year so far Year-on-year 2005 Fortnight 2004-2005 2005-2006 2004 2005 Item Mar. 31# Apr. 15# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 22,69,156 23,36,946 21,886 0.9 44,815 2.2 67,790 3.0 2,82,786 16.0 2,83,603 13.8 M3 (22,65,587) (23,33,377) (2,80,034) (13.6) Components (i+ii+iii+iv) (i) Currency with the Public 3,57,424 3,69,606 13,495 3.8 12,315 3.9 12,182 3.4 43,554 15.3 41,883

(Rs. crore) Outstanding as on Variation over Financial year so far Year-on-year 2005 Week 2004-2005 2005-2006 2004 2005 Item Mar. 31# Apr. 22# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 Reserve Money 4,89,128 4,92,833 –4,272 –0.9 –7,934 –1.8 3,705 0.8 58,924 15.9 64,255 15.0 Components (i+ii+iii) (i) Currency in circulation 3,68,649 3,83,468 1,728 0.5 13,725 4.2 14,819 4.0 47,058 16.0 42,715 12.5 (ii) Bankers' deposits with RBI 1,13,996

(Rs. crore) Repo REPO (INJECTION) REVERSE REPO (ABSORPTION) Net injection(+)Outstanding LAF period Bids Received Bids Accepted Cut-Off Bids Received Bids Accepted Cut-Off absorption(-) ofAmount @ Date (Day(s)) Number Amount Number Amount Rate(%) Number Amount Number Amount Rate(%) liquidity (11-6) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Apr. 19, 2005 1 — — — — — 39 31,725 39 31,725 4.75 –31,725 31,725 Apr. 20, 2005 1 — — — — — 37 31,450 37 31,450 4.75 –31,450 31,450 Apr. 21,

(Rs. crore) Date of Date of Notified Bids Received Bids Accepted Devol- Total Weigh- Implicit Amount Auction Issue Amount Number Total Face Value Number Total Face Value vement Issue ted Yieldat Outstanding Com- Non- Com- Non- on (8+9+10) Average Cut-off as on the petitive Com- petitive Com- RBI Price Price Date of Issue petitive petitive (per cent) (Face Value) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 91-Day Treasury Bills 2004-2005 Sep. 29 Oct. 1 2,000 65 2,391 — 53 2,000 —

Fortnight Date Ended 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Apr. 2 Apr. 3 Apr. 4 Apr. 5 Apr. 6 Apr. 7 Apr. 8 Apr. 9 Apr. 10 Apr. 11 Apr. 12 Apr. 13 Apr. 14 Apr. 15 Apr. 15, 2005 95,287 1,90,573 2,90,806 3,89,115 4,82,059 5,81,677 6,78,280 7,74,655 8,71,030 9,62,959 10,55,329 11,48,541 12,42,138 13,47,480 Apr. 16 Apr. 17 Apr. 18 Apr. 19 Apr. 20 Apr. 21 Apr. 22 Apr. 23 Apr. 24 Apr. 25 Apr. 26 Apr. 27 Apr. 28 Apr. 29 Apr. 29, 2005 1,06,835 2,13,669 3,19,834 4,20,746 5,15,10

(Rs. crore) Fortnightended Total Amount Issuedduring Rate of Interest Outstanding # the fortnight # (percent)@ 1 2 3 4 Apr. 2, 2004 4,626 191 3.75 — 5.16 Jul. 9, 2004 5,529 166 4.14 — 6.75 Oct. 1, 2004 5,164 95 3.50 — 5.50 Jan. 7, 2005 7,033 563 3.91 — 6.26 Mar. 4, 2005 10,310 1,842 5.25 — 6.31 Mar. 18, 2005 12,078 2,594 4.21 — 6.34@: Effective interest rate range per annum.

(Rs. crore) Fortnightended Total Amount Reportedduring Rate of Interest Outstanding thefortnight (percent)@ 1 2 3 4 Apr. 15, 2004 9,590 810 4.66 — 6.20 Jul. 15, 2004 10,688 954 4.63 — 7.00 Oct. 15, 2004 10,712 542 4.95 — 7.25 Jan. 15, 2005 12,215 1,624 5.40 — 6.35 Mar. 31, 2005 13,419 1,437 5.20 — 7.25 Apr. 15, 2005 14,809 1,964 5.55 — 6.33@: Typical effective discount rate range per annum on issues during the fortnight.

2004 2005 Percentage Variation over Weight Apr. 10 Feb. 12* Apr. 9# Week Month End Year Items / Week ended March 1 2 3 4 5 6 7 8 9 ALL COMMODITIES 100.00 180.8 189.0 190.7 0.3 0.8 0.7 5.5 Primary Articles 22.02 183.0 184.8 187.0 0.3 1.0 0.7 2.2 (i) Fruits and Vegetables 2.92 196.9 191.7 214.7 1.7 8.3 4.9 9.0 Fuel, Power, Light and Lubricants 14.23 263.3 289.6 292.5 0.9 1.2 1.9 11.1 Manufactured Products 63.75 161.7 168.0 169.2 — 0.6 0.2 4.6 (i) Sugar, Khandsari and Gu

2004 2005 Apr. 22 Apr. 18 Apr. 19 Apr. 20 Apr. 21 Apr. 22 1 2 3 4 5 6 7 BSE SENSEX (1978-79=100) 5924.18 6156.78 6134.86 6243.74 6299.20 6346.57 S & P CNX NIFTY (3.11.1995=1000) 1889.55 1927.80 1909.40 1929.70 1948.55 1967.35 +:Market closed.

(Rs. crore) WeekEnded Mar. 11, 2005 Mar. 18, 2005 Mar. 25, 2005 Apr. 1, 2005 Apr. 8, 2005 Apr. 15, 2005 Apr. 22, 2005 1 2 3 4 5 6 7 8 1. Banks (a) Borrowings 3,980 4,161 6,209 8,359 7,121 8,236 6,826 (b) Lendings 4,736 4,457 6,753 9,199 7,697 9,108 7,156 2. Primary Dealers (a) Borrowings 2,421 1,744 1,886 2,389 2,067 2,468 1,663 (b) Lendings 10 4 130 123 36 70 11 3. Non-Bank Institutions (a) Lendings 1,656 1,444 1,212 1,427 1,455 1,525 1,323 4. Total (a) Borrowings 6,

(Rs. crore) WeekEnded Items Mar. 18, 2005 Mar. 25, 2005 Apr. 1, 2005 Apr. 8, 2005 Apr. 15, 2005 Apr. 22, 2005 1 2 3 4 5 6 7 I. Outright Transactions (a) Govt. of India Dated Securities 16,134 12,523 18,157 25,867 11,927 25,466 (b) State Government Securities 700 308 857 200 179 149 (c) 91 – Day Treasury Bills 5,187 4,490 8,119 13,858 8,279 2,858 (d) 182 – Day Treasury Bills — — — 614 1,101 67 (e) 364 – Day Treasury Bills 6,345 4,913 6,906 10,195 10,445 9,832 II. RBI*

(US$ Million) Merchant Inter-bank FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Spot Forward Forward Spot Swap Forward Spot Swap Forward Cancel- Cancel- PositionDate lation lation 1 2 3 4 5 6 7 8 9 10 11 12 13 Purchases Apr. 4, 2005 987 559 132 89 492 183 1,480 2,099 138 1,245 749 81 Apr. 5, 2005 1,279 220 93 85 247 312 1,522 2,210 153 880 514 43 Apr. 6, 2005 823 185 128 40 239 170 1,139 1,895 100 1,137 507 19 Apr. 7, 2005 567 86 46 46 171 268 1,280 1,7

(Rs. crore) WeekEnded Mar. 19, 2005 Mar. 26, 2005 Apr. 2, 2005 Apr. 9, 2005 Apr. 16, 2005 Apr. 23, 2005 1 2 3 4 5 6 7 Amount 92.09 383.72 557.75 400.29 236.66 170.47 Source: National Stock Exchange of India Ltd.

(Rs. crore) Apr. 22, 2005 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 91 Day 182 Day 364 Day (2+3+4+5) Week March (Intermediate) (Auction) (Auction) (Auction) 1 2 3 4 5 6 7 8 Reserve Bank of India — — — — — — — Banks — 22,188 1,442 41,852 65,483 784 3,503 State Governments 10,079 2,580 — 80 12,739 –1,478 –3,330 Others 87 3,849 58 6,280 10,274 –847 –986

(Face Value in Rs. crore) Gross Amount Raised Net Amount Raised 2005-2006 2004-2005 2004-2005 2005-2006 2004-2005 2004-2005 (Upto (Upto (Upto (Upto Apr. 22, 2005) Apr. 23, 2004) Apr. 22, 2005) Apr. 23, 2004) 1 2 3 4 5 6 7 1. Total 15,000 10,000 * 1,05,350 $ 12,000 10,000 * 71,034 $ of which : 1.1 Devolvement/Private Placement on RBI — — 1,197 2. RBI's OMO Sales 263 240 2,899 Purchases — — — $ : Includes Rs.25,000 crore under Market Stabilisation Scheme (MSS). * : Incl

(Amount in Rs. crore) For the Week Ended Apr. 15, 2005 For the Week Ended Apr. 22, 2005 Item Amount YTM (%PA) Indicative** Amount YTM (%PA) Indicative** Minimum Maximum Minimum Maximum 1 2 3 4 5 6 7 I. OutrightTransactions 1. Govt. of India Dated Securities Maturing in the year 2005-06 6 5.3108 5.3108 35 5.1913 5.3209 2006-07 270 5.7041 5.7709 1,300 5.6497 5.1726 2007-08 800 6.0095 6.0095 185 5.9667 6.0176 2008-09 25 6.3580 6.3713 85 6.3250 6.8261 2009-10 95 6.4902 6.