(Rs. crore) 19981999Variation over Item Apr. 3Mar. 26Apr. 2WeekYear 123456Notes in circulation1,48,5201,72,5411,71,928-61323,408 Notes issued1,48,5531,72,5731,71,968-60523,415 Notes held in Banking Department33324087Deposits : Central Government50511015051 State Governments121726914 Scheduled Commercial Banks66,24963,54876,68013,13210,431 Scheduled State Co-operative Banks81967774972-70 Other Banks1,0211,1341,21379192 Others5,4636,3306,037-293574Other liabilities48,78

Variation over As on Apr. 9, 1999WeekEnd- March 1999End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011Total Reserves1,39,26432,6471,2181121,25915711,4102,59122,7953,327of which : (a) Foreign Currency Assets1,26,67129,6791,2181121,25915711,9782,72122,2843,418 (b) Gold12,5592,960————-249-55481-98 (c) SDRs348————-319-75307Note : 1. Foreign currency assets expressed in US dollar terms include the effect

(Rs. crore) Outstanding as on Variation over Item1999 Financial year so far Mar. 26#Fortnight1997-981998-99Year 123456Liabilities to the Banking System Demand and time deposits from banks32,2601,6616,2878,5788,578 Borrowings from Banks(1)11,623-5273,9014,4644,464 Other demand and time liabilities(2)690-98906-755-755Liabilities to Others Aggregate deposits7,17,271 @18,93499,8111,11,8611,11,861 (2.7)(19.7)(18.5)(18.5) Demand1,13,48010,53111,90310,96710,967 Time6,03,791

(Per cent per annum) 1998 1999 Item / week endedApr. 3Mar. 5Mar. 12Mar. 19Mar. 26Apr. 21234567Bank Rate10.008.008.008.008.008.00I.D.B.I.114.5014.0014.0013.5013.5013.50Prime Lending Rate213.50-14.0012.00-13.0012.00-13.0012.00-13.0012.00-13.0012.00-12.50Deposit Rate310.50-12.009.00-11.509.00-11.509.00-11.509.00-11.509.00-11.00Call Money Rate (Low / High)46.50/15.507.50 / 9.357.00 / 8.507.60 /11.253.00/10.007.00/14.001. Medium Term Lending Rate (MTLR).2. Prime Lending Ra

(Rs. crore) 1998-99 1997-98 Outstanding as onVariations (3) - (2)Outstanding as onVariations (6) - (5) Item19981999 19971998 Mar. 27Mar. 26 Mar. 28Mar. 27 1 2345671.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 1998 1999 1998 1999 Currency Apr. 7Apr. 5Apr. 6Apr. 7Apr. 8Apr. 9Apr. 7Apr. 5Apr. 6Apr. 7Apr. 8Apr. 91234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100 @ 39.650042.440042.510042.640042.670042.6800 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying39.640042.435042.505042.630042.660042.67002.52212.35632.35242.34522.34362.3430DollarSelling39.660042.445042.515042.650042.670042.6800 Pound{

(Rs. crore) Outstanding as on Variation over Item Financial year so far 19981999Fortnight1997-981998-99Year Mar. 31#Mar. 26#Amount%Amount%Amount%Amount% 1234567891011M3 8,27,2099,75,20018,0041.91,26,57218.01,47,99117.91,46,78017.7Components (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 on Variation over Item Financial year so far 19991999Week 1998-99 1999-2000 Year Mar. 31#Apr. 2#Amount%Amount%Amount%Amount% 1234567891011Reserve Money2,59,2202,58,12612,3785.0-2,905-1.3-1,094-0.434,62915.5 Components (i+ii+iii) (i)Currency in circulation1,75,7051,75,633-612-0.38170.5-72—23,76115.6 of which : cash with banks5,586.. (ii)Bankers' deposits with RBI79,70378,64213,28420.3-3,716-5.2-1,061-1.310,55315.5 (iii)"Other" deposits with R

(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 2345678910Apr.3, ’98Apr.4, ’98100100——10099.727.3004235 Jul.3, '98Jul.4, '98100100——10099.775.9938600 Oct.9, '98Oct.10, '98500500——50099.678.

(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 2345678910Apr.3, ’98Apr.4, ’9810010902512598.207.33201,525 Jul.3, '98Jul.4, '9810020805015098.207.33203,460 Oct.9, '98Oct.10, '98500382118405

(Rs. crore)Date of AuctionDate of IssueNotified AmountBidsAccepted (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) 1 23456789Apr.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,

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding#the fortnight #(Per cent)@1 2 34Jan.2, 19986,876 8116.50 — 11.75Apr.10, 199814,584 6278.25 — 24.00Jul.17, 19987,287 8078.00 — 12.50Oct.9, 19986,132 7867.75 — 13.50Dec.4, 19984,517 3476.75 — 12.50Dec.18, 19984,186 4758.25 — 15.50@ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal Amount OutstandingReported during the fortnightRate of Interest (Per cent)@1 234Apr.15, 19981,03033811.75 — 18.00Jul.15, 19983,9127728.20 — 13.50Oct.15, 19984,8031,1019.50 — 13.40Jan.15, 19995,4111,2159.75 — 13.00Mar.15, 19995,1491,0248.50 — 13.25Mar.31, 19994,7708669.10 — 13.25 @ : Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation overItem / Week endedWeightMar. 28Jan. 30 *Mar. 27#WeekMonthEnd MarchYear 123456789ALL COMMODITIES100.00337.1354.7354.10.1—5.05.0Primary Articles32.30347.8383.6380.0—-0.39.39.3(i) Fruits and Vegetables4.09364.3420.0413.82.30.613.613.6Fuel, Power, Light and Lubricants10.66384.1373.4379.5—0.9-1.2-1.2Manufactured Products57.04322.3334.9334.70.20.13.83.8(i) Sugar, Khandsari and Gur4.06302.2291.6290.40.5-0.2-3.9-3.9(ii) Edible Oils2.45307.4357.

19981999 Apr. 10Apr. 5Apr. 6Apr. 7Apr. 8Apr. 91234567 BSE SENSEX (1978-79=100)4,118.293,519.393,569.473.586.803,538.173,441.19S & P CNX NIFTY (3.11.1995=1000)1,192.401,011.401,024.201,031.051,020.35993.40 Note : NSE - 50, i.e. Nifty has since been rechristened as 'S & P CNX Nifty' with effect from July 28, 1998.

(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 EndedItems Mar. 5, '99Mar. 12, '99Mar. 19, '99Mar. 26, '99Apr. 2, '99Apr. 9, '99 1234567 I. Outright Transactions a.Govt. of India Dated Securities10,43215,1006,3217,2686,02322,933b.State Goverment Securities271729699224c.14- Day Treasury Bills2932335221428115d.91- Day Treasury Bills392439480117130252e.364 - Day Treasury Bills1,0801,0101,0726541,6721,505II. RBI *7172,203763459613,430 @ : Excluding Repo Transactions.* : RBI's sales and purchases includ

(US$ Million) MerchantInter-bank FCY/INRFCY/FCYFCY / INRFCY/FCY SpotForwardForward Cancel- lationSpotForwardForward Cancel- LationSpotSwapForwardSpotSwapForward Position Date 12345678910111213Purchases Mar.22, 1999515124793312105706226121912511 Mar.23, 1999271951051434184568629639416620 Mar.24, 19993719711732394039586412344835534 Mar.25, 1999+ Mar.26, 19995621381975839507431,01912153533249 Sales Mar.22, 199929619263711108746117625114012 Mar.23, 19992391424261418499717

(Rs. crore) Week Ended Mar. 6, '99Mar. 13, '99Mar. 20, '99Mar. 27, '99Apr. 3, '99Apr. 10, '991234567 Amount7.6536.343.3444.0145.361.66 Source: National Stock Exchange of India Ltd.

19981999ItemAs on FridayApr. 10Mar. 12Mar. 19Mar. 26Apr. 2Apr. 912345678 Standard GoldOpening4,2304,3904,3154,2704,3404,350 (Rs. per 10 grams)Closing4,2354,4004,3054,2504,3454,365 Silver (999.0 fineness)Opening8,8557,9957,6157,6757,6857,630 (Rs. per kilogram)Closing8,8807,9557,6007,6707,7107,640Note : In case Friday is a holiday, prices relate to the preceding working day.Source : Bombay Bullion Association Ltd.

(Rs. crore)HoldersApril 9, 1999 Variation in Total Treasury BillsTreasury Bills of Different MaturitiesTotal (2+3+4+5)Over the WeekOver End March14 Day (Auction)14 Day (Intermediate)91 Day (Auction)364 Day (Auction)12345678 Reserve Bank of India50—224490764-50-50 Banks128—8248,0248,976378378 State Governments—4,194——4,194-5,092-2,409 Others223664722,1863,046187212

(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 9, 1999)April 10, 1998) April 9, 1999)April 10, 1998) 1234561. Total6,0004,00083,7531,5834,00068,950 of which : 1.1 Devolvement/Private Placement on RBI3,000—38,205 2. RBI's OMO Sales4,191—26,348 Purchases———

(Amount in Rs. crore) For the Week Ended April 2, 1999For the Week Ended April 9, 1999ItemsAmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 234 5 6 7I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1999-2000677.387610.5059 3998.847210.4246 2000-0161210.133112.0781 1,36910.122411.0347 2001-0261210.652611.1635 1,18310.868111.1475 2002-03 $13611.053811.5774 84011.042311.5150 2003-0422611.403811.5642 1,0331