Contents

Annual Policy Statement

Statement by Dr. Y. Venugopal Reddy, Governor, Reserve Bank of India on the Mid-Term Review of Annual Policy for the Year 2006-07

Macroeconomic and Monetary Developments: Mid-Term Review 2006-07

I. The Real Economy

II. Fiscal Situation

III. Monetary and Liquidity Conditions

IV. Price Situation

V. Financial Markets

VI. The External Economy

Speeches

Banking and Financial Sector Reforms: Status and Prospects

Payment and Settlement Systems: Select Issues

Reserve Bank of India Archives: Some Reflections and the Way Forward

Economic Growth, Financial Deepening and Financial Inclusion

State of the Indian Economy

Article

Debits to Deposit and Credit Accounts with cheduled Commercial Banks: 2004-05

India’s Foreign Trade: 2006-07 (April-September)

Monthly Seasonal Factors of Selected Economic Time Series

Performance of Financial and Investment Companies: 2004-05

South-West Monsoon 2006: An Overview

Invisibles in India’s Balance of Payments

Other Items

RBI Press Releases

Regulatory and Other Measures

Foreign Exchange Developments

Current Statistics

General

Money and Banking

Government Accounts

Government Securities Market

Production

Capital Market

Prices

Trade and Balance of Payments

Notes on Tables