(Rs. crore) Item 2007 2008 Variation Jan. 26 Jan. 18 Jan. 25# Week Year 1 2 3 4 5 6 Notes Issued 4,79,661 5,57,350 5,53,982 –3,368 74,321 Notes in Circulation 4,79,642 5,57,338 5,53,971 –3,367 74,329 Notes held in Banking Department 18 12 11 –2 –7 Deposits Central Government 22,594 39,750 50,757 11,007 28,163 Market Stabilisation Scheme 39,375 1,61,058 1,66,739 5,682 1,27,364 State Governments 41 256 41 –214 — Scheduled Commercial Banks 1,52,871 2,52,090 2,54,022 1,93

Variation over Item As on Jan. 25, 2008 Week End-March 2007 End-December 2007 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 11,35,969 288,316 17,060 3,418 2,67,747 89,137 50,949 13,000 3,43,853 109,264 (a) Foreign Currency Assets 11,01,405 279,545 17,028 3,411 * 2,64,808 87,621 50,920 12,992 3,40,550 107,561 (b) Gold 32,819 8,328 — — 3,246 1,544 — — 3,995 1,811 (c) SDRs 36 9 23 6 2

(Rs. crore) Outstanding Variation over Item as on Financial year so far Year-on-year 2008 Jan. 18# Fortnight 2006-2007 2007-2008 2007 2008 1 2 3 4 5 6 7 Liabilities to the Banking System Demand and Time Deposits from Banks 39,630 2,997 –2,235 –1,142 1,568 4,787 Borrowings from Banks(1) 23,955 –1,674 1,827 –11,443 3,555 –7,068 Other Demand and Time Liabilities (2) 22,625 254 256 10,339 2,331 13,479 Liabilities to Others Aggregate Deposits 30,30,640 42,433 2,82,386 4,22

(per cent per annum) Item / Week Ended 2007 2008 Jan. 19 Dec. 14 Dec. 21 Dec. 28 Jan. 4 Jan. 11 Jan. 18 1 2 3 4 5 6 7 8 Cash Reserve Ratio (per cent)(1) 5.50 7.50 7.50 7.50 7.50 7.50 7.50 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) 11.50-12.00 12.75-13.25 12.75-13.25 12.75-13.25 12.75-13.25 12.75-13.25 12.75-13.25 Deposit Rate(4) 7.25-8.50 8.00-9.00 8.00-9.00 8.25-9.00 8.25-9.00 8.25-9.00 8.2

(Rs. crore) 2007 - 2008 2006 - 2007 Item Outstanding as on Variation Outstanding as on Variation 2007 2008 (3) - (2) 2006 2007 (6) - (5) Mar. 30 Jan. 18 Mar. 31 Jan. 19 1 2 3 4 5 6 7 1. Bank Credit 19,28,913 21,66,847 2,37,934 15,07,077 17,68,964 2,61,887 (12.3) (17.4) A. Food Credit 46,521 39,183 –7,338 40,691 41,210 520 B. Non-Food Credit 18,82,392 21,27,664 2,45,272 14,66,386 17,27,753 2,61,367 (13.0) (17.8) 2. Investments 83,394 90,148 6,755 79,464 79,394 –71 A. C

2008 Annual Appreciation (+) / Depreciation (-) (per cent) Foreign Currency Jan. 21 Jan. 22 Jan. 23 Jan. 24 Jan. 25 Jan. 21 Jan. 22 Jan. 23 Jan. 24 Jan. 25 1 2 3 4 5 6 7 8 9 10 11 RBI's Reference Rate (Rs. per Foreign Currency) U.S. Dollar 39.3800 39.7300 39.5600 39.4300 39.4000 — 11.28 11.75 12.17 12.28 Euro 57.2700 57.3400 57.8900 57.6500 58.1400 — — –1.14 –0.07 –1.39 FEDAI Indicative Rates (Rs. per Foreign Currency) U.S. { Buying 39.3700 39.7200 39.5600 39.4300 39.

(Rs. crore) Outstanding as on Variation over Financial year so far Year-on-year Item 2007 2008 Fortnight 2006-2007 2007-2008 2007 2008 Mar. 31# Jan. 18# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 M3 33,10,278 38,07,105 56,771 1.5 3,46,464 12.7 4,96,827 15.0 5,39,801 21.3 7,31,096 23.8 Components (i+ii+iii+iv) (i) Currency with the Public 4,83,471 5,44,265 9,073 1.7 58,692 14.2 60,794 12.6 68,277 16.9 72,454 15.4 (ii) Demand Deposits wit

(Rs. crore) Outstanding as on Variation over Financial year so far Year-on-year Item 2007 2008 Week 2006-2007 2007-2008 2007 2008 Mar. 31# Jan. 25# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 Reserve Money 7,09,016 8,37,041 –1,009 –0.1 81,673 14.3 1,28,025 18.1 1,11,656 20.6 1,82,313 27.8 Components (i+ii+iii) (i) Currency in Circulation 5,04,225 5,62,822 –3,367 –0.6 57,171 13.3 58,598 11.6 71,661 17.2 74,976 15.4 (ii) Bankers' Deposits

(Rs. crore) REPO (INJECTION) REVERSE REPO (ABSORPTION) Net Injection(+)/ LAF Repo period Bids Received Bids Accepted Cut- Off Bids Received Bids Accepted Cut-Off Absorption (-) of Out standing Date (Day(s)) Number Amount Number Amount Rate (%) Number Amount Number Amount Rate(%) Liquidity (6-11) Amount @ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Jan. 21, 2008 1 1 2,000 1 2,000 7.75 3 595 3 595 6.00 1,405 –1,405 Jan. 22, 2008 1 — — — — — 9 25,285 9 25,285 6.00 –25,285 25,285 Ja

(Rs. crore) Date of Date of Notified Bids Received Bids Accepted Devol- Total Weigh- Implicit Amount Auction Issue Amount Total Face Value Total Face Value vement Issue ted Yield at Out standing Number Com- petitive Non- Com- petitive Number Com- petitive Non-Com- petitive on RBI (8+9+ 10) Average Price Cut-off Price (per cent) as on the Date of Issue (Face Value) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 91-Day Treasury Bills 2007-2008 Jul. 4 Jul. 6 500 106 6,246 7,100 22 500

(Rs. crore) Fortnight Ended Date 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Jan. 18, Jan. 5 Jan. 6 Jan. 7 Jan. 8 Jan. 9 Jan. 10 Jan. 11 Jan. 12 Jan. 13 Jan. 14 Jan. 15 Jan. 16 Jan. 17 Jan. 18 2008 2,29,697 4,59,395 7,07,779 9,58,079 12,02,032 14,53,106 16,97,075 19,41,271 21,85,432 24,29,749 26,68,391 29,07,272 31,35,180 33,87,035 Feb. 1, Jan. 19 Jan. 20 Jan. 21 Jan. 22 Jan. 23 Jan. 24 Jan. 25 Jan. 26 Jan. 27 Jan. 28 Jan. 29 Jan. 30 Jan. 31 Feb. 1 2008 2,52,531 5,05,063 7,65

(Rs. crore) Fortnight Ended Total Amount Outstanding # Issued During the Fortnight # Rate of Interest (per cent)@ 1 2 3 4 Jan. 5, 2007 68,928 2,449 8.26— 9.25 Apr. 13, 2007 93,807 2,539 9.50—11.50 Jul. 6, 2007 1,02,992 4,186 6.25—9.69 Oct. 12, 2007 1,22,142 9,398 6.87—10.00 Nov. 9, 2007 1,25,653 3,080 6.87—9.00 Nov. 23, 2007 1,27,142 3,573 6.87—9.03 @ : Effective interest rate range per annum.

(Rs. crore) Fortnight Ended Total Amount Outstanding Reported During the Fortnight Rate of Interest (per cent)@ 1 2 3 4 Jan. 15, 2007 23,758 1,255 8.30—9.58 Apr. 15, 2007 19,013 1,952 10.00—14.00 Jul. 15, 2007 28,129 4,200 4.00—11.50 Oct. 15, 2007 38,495 6,977 7.00—13.00 Nov. 30, 2007 41,308 3,403 8.05—11.50 Dec. 15, 2007 40,914 3,180 8.22—11.50 @ : Typical effective discount rate range per annum on issues during the fortnight.

Items / Week Ended Weight 2007 2008 Percentage Variation over Jan. 13 Nov. 17* Jan. 12# Week Month End Year March 1 2 3 4 5 6 7 8 9 ALL COMMODITIES 100.00 208.7 216.0 216.7 — 0.5 3.0 3.8 Primary Articles 22.02 213.7 223.6 222.1 — –0.3 2.9 3.9 (i) Fruits and Vegetables 2.92 227.9 230.4 220.0 –0.3 –2.6 –0.7 –3.5 Fuel, Power, Light and Lubricants 14.23 322.3 327.7 334.1 — 1.7 4.4 3.7 Manufactured Products 63.75 181.6 188.4 188.7 0.1 0.4 2.6 3.9 (i) Sugar, Khandsari and G

2007 2008 Jan. 25 Jan. 21 Jan. 22 Jan. 23 Jan. 24 Jan. 25 1 2 3 4 5 6 7 BSE SENSEX (1978-79=100) 14282.72 17605.35 16729.94 17594.07 17221.74 18361.66 S & P CNX NIFTY (3.11.1995=1000)</p> 4147.70 5208.80 4899.30 5203.40 5033.45 5383.35 + : Market closed.

(Rs. crore) Week Ended Dec. 14, 2007 Dec. 21, 2007 Dec. 28, 2007 Jan. 4, 2008 Jan. 11, 2008 Jan. 18, 2008 Jan. 25, 2008 1 2 3 4 5 6 7 8 1. Banks (a) Borrowings 7,626 6,847 7,346 9,842 10,701 8,447 15,467 (b) Lendings 8,752 8,376 8,254 11,475 12,197 9,900 17,259 2. Primary Dealers (a) Borrowings 1,157 1,557 954 1,784 1,606 1,490 1,895 (b) Lendings 32 28 46 151 111 37 103 3. Total (a) Borrowings 8,783 8,404 8,301 11,626 12,308 9,937 17,362 (b) Lendings 8,783 8,404 8,301

(Rs. crore) Items Week Ended Dec. 21, 2007 Dec. 28, 2007 Jan. 4, 2008 Jan. 11, 2008 Jan. 18, 2008 Jan. 25, 2008 1 2 3 4 5 6 7 I. Outright Transactions (a) Govt. of India Dated Securities 43,163 36,831 1,32,415 1,54,725 1,37,413 1,29,720 (b) State Government Securities 389 613 2,012 1,492 347 562 (c) 91 – Day Treasury Bills 1,484 766 1,440 1,326 1,490 1,326 (d) 182 – Day Treasury Bills 771 816 1,328 1,671 1,653 1,349 (e) 364 – Day Treasury Bills 1,639 4,565 9,664 7,052

(US $ Million) Merchant Inter-bank FCY / INR FCY / FCY FCY / INR FCY / FCY Position Date Spot Forward Forward Cancel- lation Spot Forward Forward Cancel- lation Spot Swap Forward Spot Swap Forward 1 2 3 4 5 6 7 8 9 10 11 12 13 Purchases Jan. 7, 2008 3,260 1,908 657 962 1,573 1,752 6,090 5,165 368 5,658 2,290 740 Jan. 8, 2008 2,914 1,615 341 592 1,357 880 5,231 5,144 592 4,100 2,462 496 Jan. 9, 2008 2,835 929 329 767 1,016 1,271 5,124 5,401 652 4,824 1,654 522 Jan. 10,

(Rs. crore) Week Ended Dec. 20, 2007 Dec. 28, 2007 Jan. 4, 2008 Jan. 11, 2008 Jan. 18, 2008 Jan. 25, 2008 1 2 3 4 5 6 7 Amount 5.00 40.46 237.20 502.28 997.64 250.42 Note : With effect from October 8, 2005, trading in securities on WDM segment will not be available on Saturdays. Source : National Stock Exchange of India Ltd.

(Rs. crore) January 25, 2008 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities 14 Day 91 Day 182 Day 364 Day Total Over the Over End (Intermediate) (Auction) (Auction) (Auction) (2+3+4+5) Week March 1 2 3 4 5 6 7 8 Reserve Bank of India — — — — — — — Banks — 11,143 9,473 33,611 54,228 1,940 2,105 State Governments 49,631 23,278 3,480 4,381 80,771 11,007 7,367 Others 621 6,966 9,632 21,604 38,823 –2,226 8,548

(Face Value in Rs. crore) Gross Amount Raised Net Amount Raised 2007-2008 2006-2007 2006-2007 2007-2008 2006-2007 2006-2007 (Upto (Upto (Upto (Upto Jan. 25, 2008) Jan. 26, 2007) Jan. 25, 2008) Jan. 26, 2007) 1 2 3 4 5 6 7 1. Total 1,47,000 1,25,000 1,46,000 1,02,868 87,986 1,06,921 of which : 1.1 Devolvement/Private Placement on RBI — — — 2. RBI's OMO Sales 6,277 4,371 5,845 Purchases 8,070 715 720 * : Includes Rs.6,000 crore under Market Stabilisation Scheme.

(Amount in Rs. crore) For the Week Ended Jan. 18, 2008 For the Week Ended Jan. 25, 2008 Item Amount YTM (%PA) Indicative** Amount YTM (%PA) Indicative** Minimum Maximum Minimum Maximum 1 2 3 4 5 6 7 I. Outright Transactions 1. Govt. of India Dated Securities Maturing in the year 2007-08 — — — — — — 2008-09 96 6.9860 8.0500 6 8.1000 8.1000 2009-10 7,217 7.3842 7.5463 5,059 7.1584 7.5262 2010-11 1,404 7.4239 7.5456 1,563 7.3078 7.5036 2011-12 85 7.5188 8.2937 260 7.3620