(Rs.crore) 20022003VariationItemJul. 26Jul. 18Jul. 25#Week Year12345 6Notes issued2,54,3702,92,5642,88,762–3,802 34,392Notes in circulation2,54,3242,92,5372,88,739–3,798 34,415Notes held in Banking Department462722–5 –24Deposits Central Government100101101— 1State Governments414141— —Scheduled Commercial Banks71,86366,15672,8846,728 1,021Scheduled State Co-operative Banks1,6241,5861,695109 71Other Banks3,4604,2564,2626 802Others17,75016,92517,306381 –444Other liabilit

Variation overItemAs on Jul. 25, 2003WeekEnd-March 2003End-December 2002Year Rs.CroreUS$ Mn.Rs.CroreUS$ Mn.Rs.CroreUS$ Mn.Rs.CroreUS$ Mn.Rs.CroreUS$ Mn.1234567891011 Total Reserves3,92,02684,9043,14080333,7469,47653,67714,4591,00,59125,037of which : (a)Foreign Currency Assets3,74,81981,2003,140802*33,3439,31053,04514,20699,70324,673(b)Gold17,1823,698——397164640254910368(c) SDRs256—162–8–1–22–4Memo Item : RTP**4,50797642101,3173041,3263141,324322* : Foreign currency as

(Rs. crore) OutstandingVariation overItem as on 2003FortnightFinancial year so farYear-on-year Jul. 11# 2002-20032003-2004200220031 234567Liabilities to the Banking System Demand and time deposits from Banks38,575–1,3876,554–1,880–9,440592 Borrowings from Banks (1) 18,291765–2,746–1,347–5,113788 Other demand and time liabilities(2) 3,4801,112–651,2267341,322Liabilities to Others Aggregate deposits@ 13,43,120–5596,60962,2661,83,9501,43,150 (—)(8.8)(4.9)(18.1)(11.9) [9.

(per cent per annum) 20022003Item / week endedJul. 19Jun. 13Jun. 20Jun. 27Jul. 4Jul. 11Jul. 1812345678Cash Reserve Ratio (per cent)(1)5.004.754.504.504.504.504.50Bank Rate6.506.006.006.006.006.006.00I.D.B.I.(2)12.5012.5012.5012.5012.5012.5012.50Prime Lending Rate(3)11.00-12.0010.50-11.5010.50-11.5010.50-11.5010.50-11.5010.50-11.5010.50-11.50Deposit Rate(4)7.00-8.255.25-6.005.00-6.005.00-6.005.00-6.005.00-6.005.00-6.00Call Money Rate (Low / High)(5) - Borrowings3.00/6.

(Rs. crore) 2003 - 20042002 - 2003 OutstandingVariationsOutstandingVariationsItemas on 2003(3) - (2)as on 2002(6) - (5) Mar. 21Jul. 11 Mar. 22Jul. 12 1 2345671. Bank Credit7,29,2157,25,574–3,6415,89,7236,52,27062,548 (–0.5) (10.6) A.Food Credit49,47943,588–5,89153,97859,4635,485 B. Non-Food Credit6,79,7366,81,9862,2505,35,7455,92,80757,063 (0.3) (10.7)2. Investments 92,85488,837 @–4,01781,00086,840 +5,840 A.Commercial Paper4,0073,524–4828,4977,324–1,173 B.Shares issue

Foreign 2002200320022003Currency Jul. 26Jul. 21Jul. 22Jul. 23Jul. 24Jul. 25Jul. 26Jul. 21Jul. 22Jul. 23Jul. 24Jul. 251 234567891011121314 RBI's Reference Rate (Rs. per Foreign Currency) Foreign Currency per Rs. 100@U.S. Dollar48.670046.260046.260046.180046.150046.1600 (Based on Middle Rates)Euro 48.690052.170052.390052.450053.010052.8800 FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{Buying48.670046.250046.255046.170046.150046.16002.05472.16172.16172.16542.166

(Rs. crore) Outstanding as onVariation over 2003FortnightFinancial year so farYear-on-year 2002-20032003-200420022003ItemMar. 31#Jul. 11#Amount %Amount%Amount%Amount%Amount%1 2345678910111213M3 17,25,22218,09,1513,1920.21,17,6937.983,9284.92,29,22316.51,93,10211.9 [16,95,551] [78,585][5.2] [1,90,115][13.7] Components (i+ii+iii+iv) (i)Currency with the Public2,70,9832,90,1412,2630.817,5117.319,1587.132,79814.531,83612.3(ii)Demand deposits with banks1,98,6022,03,410–4,6

(Rs. crore) Outstanding as onVariation over 2003WeekFinancial year so farYear-on-year 2002-20032003-200420022003ItemMar. 31#Jul. 25#Amount%Amount%Amount%Amount%Amount%1 2345678910111213Reserve Money3,69,0613,79,4913,4270.93,7441.110,4292.835,44011.637,77711.1 Components (i+ii+iii) (i)Currency in circulation2,82,4732,95,812–3,798 –1.310,0164.013,3394.733,00114.534,82213.3(ii)Bankers' deposits with RBI83,34678,8416,8449.5–7,200–8.6–4,505–5.42,1782.91,8942.5 (iii)"Other"

(Rs. crore)Repo/RRREPOREVERSE REPONet injection(+)OutstandingLAFperiodBids ReceivedBids AcceptedCut-OffBids ReceivedBids AcceptedCut-Offabsorption(-) ofAmount @Date(Day(s))Number AmountNumberAmountRate(%)NumberAmountNumberAmountRate(%)liquidity (11-6) 1234567891011121314Jul. 21, 200314125,4004125,4005.00—————–25,40043,025Jul. 22, 200315029,4255029,4255.00—————–29,42547,050Jul. 23, 200314729,1504729,1505.00—————–29,15046,775Jul. 24, 200315027,0505027,0505.00—————–27,05

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmount Total Face Value Total Face ValuePDs/SDs*RBIIssuetedYieldatOutstanding NumberCom-Non-NumberCom-Non- (8+9+AverageCut-offas on the petitiveCom- petitiveCom- 10+11)PricePriceDate of Issue petitive petitive (per cent)(FaceValue)1 2 34567891011121314152002-2003 Jan.1Jan.31,000493,385400331,000400——1,40098.675.43287,6002003-2004 Apr.1Apr.450032950—20500———500

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmount Total Face Value Total Face ValuePDs/SDs*RBIIssuetedYield atOutstanding NumberCom-Non-NumberCom-Non- (8+9+AverageCut-offas on the petitiveCom- petitiveCom- 10+11)PricePriceDate of Issue petitive$ petitive$ (per cent)(FaceValue)1 2 34567891011121314152002-2003 Jan.8Jan.101,000512,245—201,000———1,00094.905.407424,8702003-2004 Apr.1Apr.41,000552,210—191,00

(Rs. crore)FortnightDateEnded 123456789101112131415 Jun. 28Jun. 29Jun. 30Jul. 1Jul. 2Jul. 3Jul. 4Jul. 5Jul. 6Jul. 7Jul. 8Jul. 9Jul. 10Jul. 11Jul. 11, 200378,5301,57,0612,35,8123,03,0573,65,0944,24,9084,85,9385,48,7286,11,3276,73,2607,31,1537,87,4738,47,5239,10,551 Jul. 12Jul. 13Jul. 14Jul. 15Jul. 16Jul. 17Jul. 18Jul. 19Jul. 20Jul. 21Jul. 22Jul. 23Jul. 24Jul. 25Jul. 25, 200364,136 1,28,272 1,93,649 2,57,9153,17,1793,79,4324,45,362 5,12,9955,80,6286,46,7997,11,8417,77,3

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding #the fortnight #(percent)@1 2 3 4 Jul.12, 20021,312 29 5.21 — 9.10 Oct.4, 20021,270 169 5.20 — 8.25 Jan.10, 20031,199 59 4.37 — 6.61 Apr.4, 20031,188 25 5.25 — 7.40 Jun.13, 20032,227 107 3.99 — 7.00 Jun.27, 20032,183 22 3.74 — 6.50 @ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal AmountReported duringRate of Interest Outstandingthe fortnight(percent)@1 2 3 4 Jul.15, 20027,709 1,231 6.90 — 9.50 Oct.15, 20028,589 1,134 6.13 — 8.25 Jan.15, 20038,645 886 5.70 — 7.50 Apr.15, 20035,839 752 5.25 — 8.15 Jun.30, 20037,108 539 5.20 — 7.40 Jul.15, 20037,069 1,142 5.15 — 6.80 @ : Typical effective discount rate range per annum on issues during the fortnight.

20022003Percentage Variation overItems / Week endedWeightJul. 13May 17*Jul. 12#WeekMonthEndYear March 1 23456789ALL COMMODITIES100.00165.6173.4173.3–0.20.10.64.6Primary Articles22.02172.3180.8181.0–0.6–1.21.65.0(i)Fruits and Vegetables2.92187.1192.9190.3–3.6–9.94.61.7Fuel, Power, Light and Lubricants14.23238.4246.4247.3—0.5–3.53.7Manufactured Products63.75147.0154.6154.1–0.20.51.74.8(i)Sugar, Khandsari and Gur3.93139.0131.2133.00.41.92.9–4.3(ii)Edible Oils2.76133.4156

20022003 Jul. 25Jul. 21Jul. 22Jul. 23Jul. 24Jul. 251234567BSE SENSEX (1978-79=100)3094.963569.583554.133577.893668.073726.46S & P CNX NIFTY (3.11.1995=1000)1001.551115.801109.201119.051139.451162.75

(Rs. crore) Week Ended Jun. 13, 2003Jun. 20, 2003Jun. 27, 2003Jul. 4, 2003Jul. 11, 2003Jul. 18, 2003Jul. 25, 20031 23456781.Banks (a)Borrowings4,8235,1363,3844,0903,5174,6713,803 (b)Lendings7,7927,7604,8755,2874,3234,8715,0072.Primary Dealers (a)Borrowings7,3767,2636,0885,2575,1625,5146,282 (b)Lendings1221211441561901921293.Non-Bank Institutions (a)Lendings3,2672,8833,1163,0873,5223,4893,5104.Total (a)Borrowings12,19912,3999,4729,3478,67910,18510,085 (b)Lendings11,181

(Rs. crore) Week EndedItems Jun. 20, 2003Jun. 27, 2003Jul. 4, 2003Jul. 11, 2003Jul. 18, 2003Jul. 25, 20031 234567I.Outright Transactions (a)Govt. of India Dated Securities73,97084,39152,63056,44451,70287,062 (b)State Government Securities1,401389819212245256 (c)91 – Day Treasury Bills1,3691,7951,7042,4833,1311,831 (d)364 – Day Treasury Bills2,7422,4975204,5092,5012,779II.RBI*16—57———@ : Excluding Repo Transactions.* : RBI's sales and purchases include transactions in

(US$ Million) MerchantInter-bank FCY / INRFCY / FCYFCY / INRFCY / FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 1 2345678910111213 Purchases Jul.7, 20033272225716193610651277413532575 Jul.8, 20034001661311742289511504647114612 Jul.9, 20034252834365129100518841453982644 Jul.10, 20034383684151471510502026384431901 Jul.11, 2003393347471391811181622503191605 Sales Jul.7, 200336175156132637107412044334624

(Rs. crore) Week Ended Jun. 21, 2003Jun. 28, 2003Jul. 5, 2003Jul. 12, 2003Jul. 19, 2003Jul. 26, 20031234567Amount108.1288.5659.2536.7796.71100.29 Source : National Stock Exchange of India Ltd.

(Rs. crore) Jul. 25, 2003Variation in Total Treasury BillsHoldersTreasury Bills of Different MaturitiesTotalOver theOver End 14 Day91 Day364 Day(2+3+4)WeekMarch (Intermediate)(Auction)(Auction) 1234567Reserve Bank of India—————–1,019 Banks—3,55419,25622,810–509–6,084 State Governments4,085800—4,885865–1,509 Others3182,9786,87310,168–125,015

(Devolvement/Private Placement on RBI and OMO Sales/Purchases) (Face Value in Rs. crore) Gross Amount RaisedNet Amount Raised 2003-20042002-20032002-20032003-20042002-20032002-2003 (Upto(Upto (Upto(Upto Jul. 25, 2003) Jul. 26, 2002) Jul. 25, 2003) Jul. 26, 2002) 12345671. Total65,00063,0001,25,00052,71354,09597,580of which : 1.1 Devolvement/Private Placement on RBI5,00023,17536,175 2. RBI's OMO Sales5,67713,55853,780 Purchases———

(Amount in Rs. crore) For the Week Ended Jul. 18, 2003For the Week Ended Jul. 25, 2003Item AmountYTM (%PA) Indicative**AmountYTM (%PA) Indicative** MinimumMaximum MinimumMaximum1 2345 6 7I.Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 2003-047114.97795.0844964.90584.9861 2004-05904.97675.1896— — — 2005-063835.07375.14131625.02355.0571 2006-073465.14765.38241315.09565.1482 2007-081975.19945.43183965.15175.2542 2008-098625.25665.59011,7145