(Rs.crore) 2004 2005 Variation Item Apr. 2 Mar. 25 Apr. 1# Week Year 1 2 3 4 5 6 Notes issued 3,19,154 3,62,505 3,60,569 –1,936 41,415 Notes in circulation 3,19,126 3,62,487 3,60,552 –1,935 41,426 Notes held in Banking Department 29 18 18 –1 –11 Deposits Central Government 154 9,908 1,590 –8,318 1,436 Market Stabilisation Scheme — 64,211 62,731 –1,480 62,731 State Governments 2,387 943 41 –902 –2,346 Scheduled Commercial Banks 78,269 1,10,103 92,983 –17,120 14,714 Sch

Variation over Item As on Apr. 1, 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 6,17,763 1,41,204 256 297 –1,353 –310 46,085 10,026 1,24,678 28,514 (a) Foreign Currency Assets 5,91,769 1,35,262 –324 173* –1,352 –309 46,303 10,098 1,22,665 28,087 (b) Gold 19,686 4,500 590 124 — — –283 –82 1,470 302 (c) SDRs 20 5 — — — — –2 — 10 3 (d) Reserve Posi

(Rs. crore) Outstanding Variation over as on Financial year so far Year-on-year Item 2005 Month Mar. 25# 2003-2004 2004-2005 2004 2005 1 2 3 4 5 6 7 Liabilities to the Banking System Demand and time deposits from Banks 35,999 448 –2,293 –2,185 –2,293 –2,185 Borrowings from Banks (1) 30,315 5,257 –4,293 15,718 –4,293 15,718 Other demand and time liabilities(2) 6,015 2,971 167 3,483 167 3,483 Liabilities to Others Aggregate deposits@ 17,08,610 14,748 2,30,524 1,66,325 2

(per cent per annum) 2004 2005 Item / week ended Mar. 26 Feb. 18 Feb. 25 Mar. 4 Mar. 11 Mar. 18 Mar. 25 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 5.2

(Rs. crore) 2004 - 2005 2003 - 2004 Outstanding Variations Outstanding Variations as on (3) - (2) as on (6) - (5) 2004 2005 2003 2004 Item Mar. 19 Mar. 18 Mar. 21 Mar. 19 1 2 3 4 5 6 7 1. Bank Credit 8,40,785 10,92,091 2,51,306 7,29,215 8,40,785 1,11,570 (29.9) (15.3) A. Food Credit 35,961 41,121 5,159 49,479 35,961 –13,518 B. Non-Food Credit 8,04,824 10,50,970 2,46,146 6,79,736 8,04,824 1,25,088 (30.6) (18.4) [10,18,288] [2,13,464] [26.5] 2. Investments 88,985 90,641

Foreign 2004 2005 2004 2005 Currency Apr. 2 Mar. 28 Mar. 29 Mar. 30 Mar. 31 Apr. 1+ Apr. 2 Mar. 28 Mar. 29 Mar. 30 Mar. 31 Apr. 1+ 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 43.7700 43.8100 43.7900 43.8200 43.7500 (Based on Middle Rates) Euro 53.9600 56.5200 56.6000 56.7800 56.5800 FEDAI Indicative Rates (Rs. per Foreign Currency) U.S. { Buying 43.7600 43.8000 43.7900 43.8200 43.7500 2.284

(Rs. crore) Outstanding as on Variation over Financial year so far Year-on-year 2004 2005 Fortnight 2003-2004 2004-2005 2004 2005 Item Mar. 31# Mar. 18# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 20,03,102 22,65,328 27,305 1.2 2,84,898 16.6 2,62,226 13.1 2,81,843 16.4 2,62,470 13.1 M3 (22,61,759) (2,58,657) (12.9) (2,58,901) (12.9) Components (i+ii+iii+iv) (i) Currency with the Public 3,15,493 3,57,458 5,793 1.6 45,154 16.6 41,966 13.3

(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. 1# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 Reserve Money 4,89,000 4,74,508 –18,796 –3.8 –20,867 –4.8 –14,492 –3.0 58,991 16.5 58,863 14.2 Components (i+ii+iii) (i) Currency in circulation 3,68,587 3,67,926 –1,935 –0.5 –607 –0.2 –661 –0.2 41,996 14.8 41,505 12.7 (ii) Bankers' deposits with RBI 1,13

(Rs. crore) REPO (INJECTION) REVERSE REPO (ABSORPTION) Net injection(+) Repo Outstanding LAF period Bids Received Bids Accepted Cut-Off Bids Received Bids Accepted Cut-Off absorption(-) of Amount @ 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 Mar. 28, 2005 1 — — — — — 37 23,660 37 23,660 4.75 –23,660 23,660 Mar. 29, 2005 1 — — — — — 48 33,965 48 33,965 4.75 –33,965 33,965 Mar. 3

(Rs. crore) Date of Date of Notified Bids Received Bids Accepted Devolvement on Total Weigh- Implicit Amount Auction Issue Amount Number Total Face Value Number Total Face Value PDs/SDs* RBI Issue ted Yieldat Outstanding Com- Non- Com- Non- (8+9+ Average Cut-off as on the petitive Com- petitive Com- 10+11) 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 15 2004-2005 Jun. 30 Jul. 2 2,000 50 4,023 — 38 2,000 — — — 2,0

(Rs. crore) Date of Date of Notified Bids Received Bids Accepted Devolvement on Total Weigh- Implicit Amount Auction Issue Amount Number Total Face Value Number Total Face Value PDs/SDs* RBI Issue ted Yieldat Outstanding Com- Non- Com- Non- (8+9+ Average Cut-off as on the petitive Com- petitive Com- 10+11) 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 15 2004-2005 Jul. 7 Jul. 9 2,000 64 4,485 29 29 2,000 29 — —

Fortnight Date Ended 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Mar. 5 Mar. 6 Mar. 7 Mar. 8 Mar. 9 Mar. 10 Mar. 11 Mar. 12 Mar. 13 Mar. 14 Mar. 15 Mar. 16 Mar. 17 Mar. 18 Mar. 18, 2005 89,187 1,78,373 2,84,556 3,90,547 4,89,367 5,82,046 6,78,094 7,74,038 8,69,981 9,65,203 10,55,239 11,46,097 12,35,841 13,23,464 Mar. 19 Mar. 20 Mar. 21 Mar. 22 Mar. 23 Mar. 24 Mar. 25 Mar. 26 Mar. 27 Mar. 28 Mar. 29 Mar. 30 Mar. 31 Apr. 1 Apr. 1, 2005 86,276 1,72,551 2,68,094 3,66,134 4,65,732

(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 Feb. 4, 2005 8,202 1,331 4.50 — 6.32 Feb. 18, 2005 9,214 1,165 4.25 — 6.12@: 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. 15, 2005 13,210 861 5.50 — 6.76 Mar. 31, 2005 13,419 1,437 5.20 — 7.25@: Typical effective discount rate range per annum on issues during the fortnight.

2004 2005 Percentage Variation over Weight Mar. 20 Jan. 22* Mar. 19# Week Month End Year Items / Week ended March 1 2 3 4 5 6 7 8 9 ALL COMMODITIES 100.00 179.9 188.5 189.1 — 0.2 4.9 5.1 Primary Articles 22.02 180.6 183.9 185.0 –0.1 –0.4 2.2 2.4 (i) Fruits and Vegetables 2.92 169.1 185.3 199.1 0.4 0.9 15.1 17.7 Fuel, Power, Light and Lubricants 14.23 262.6 288.1 287.0 –0.7 –0.7 9.2 9.3 Manufactured Products 63.75 161.2 167.8 168.6 0.2 0.7 4.3 4.6 (i) Sugar, Khandsari

2004 2005 Apr. 1 Mar. 28 Mar. 29 Mar. 30 Mar. 31 Apr. 1 1 2 3 4 5 6 7 BSE SENSEX (1978-79=100) 5740.85 6510.74 6367.86 6381.40 6492.82 6605.04 S & P CNX NIFTY (3.11.1995=1000) 1819.65 2029.45 1983.85 1993.70 2035.65 2067.65 +:Market closed.

(Rs. crore) WeekEnded Feb. 18, 2005 Feb. 25, 2005 Mar. 4, 2005 Mar. 11, 2005 Mar. 18, 2005 Mar. 25, 2005 Apr. 1, 2005 1 2 3 4 5 6 7 8 1. Banks (a) Borrowings 5,943 5,488 3,168 3,980 4,161 6,209 8,359 (b) Lendings 6,483 5,880 3,817 4,736 4,457 6,753 9,199 2. Primary Dealers (a) Borrowings 1,881 1,930 1,825 2,421 1,744 1,886 2,389 (b) Lendings 1 2 8 10 4 130 123 3. Non-Bank Institutions (a) Lendings 1,340 1,536 1,167 1,656 1,444 1,212 1,427 4. Total (a) Borrowings 7,824

(Rs. crore) WeekEnded Items Feb. 25, 2005 Mar. 4, 2005 Mar. 11, 2005 Mar. 18, 2005 Mar. 25, 2005 Apr. 1, 2005 1 2 3 4 5 6 7 I. Outright Transactions (a) Govt. of India Dated Securities 26,822 28,530 22,655 16,134 12,523 18,157 (b) State Government Securities 407 386 377 700 308 857 (c) 91 – Day Treasury Bills 6,729 7,240 3,289 5,187 4,490 8,119 (d) 364 – Day Treasury Bills 7,825 11,274 8,846 6,345 4,913 6,906 II. RBI* 24 355 9 — — 17 @ :Excluding Repo Transactions. *:

(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 Mar. 14, 2005 994 615 94 38 246 201 2,417 1,819 48 1,227 585 12 Mar. 15, 2005 1,293 471 156 35 515 255 2,695 2,229 147 1,897 571 28 Mar. 16, 2005 749 651 113 29 392 576 1,881 2,714 186 1,594 468 15 Mar. 17, 2005 798 685 177 25 203 268 1,

(Rs. crore) WeekEnded Feb. 26, 2005 Mar. 5, 2005 Mar. 12, 2005 Mar. 19, 2005 Mar. 26, 2005 Apr. 2, 2005 1 2 3 4 5 6 7 Amount 417.72 708.83 396.65 92.09 383.72 557.75 Source: National Stock Exchange of India Ltd.

(Rs. crore) Apr. 1, 2005 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 91 Day 364 Day (2+3+4) Week March (Intermediate) (Auction) (Auction) 1 2 3 4 5 6 7 Reserve Bank of India — — — — — — Banks — 19,532 39,602 59,134 –2,606 –2,846 State Governments 17,091 1,755 — 18,846 1,242 2,777 Others 63 4,505 6,530 11,099 –432 –161

(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. 1, 2005) Apr. 2, 2004) Apr. 1, 2005) Apr. 2, 2004) 1 2 3 4 5 6 7 1. Total — — 1,05,350 $ — — 71,034 $ of which : 1.1 Devolvement/Private Placement on RBI — — 1,197 2. RBI's OMO Sales 17 — 2,857 Purchases — — — $ : Includes Rs.25,000 crore under Market Stabilisation Scheme.

(Amount in Rs. crore) For the Week Ended Mar. 25, 2005 For the Week Ended Apr. 1, 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 2005-06 117 5.4599 5.6067 176 5.2783 5.6434 2006-07 310 5.6988 5.9003 309 5.4268 5.9007 2007-08 945 5.8995 5.9631 1,116 5.8423 6.0011 2008-09 378 6.1367 6.2140 494 6.0863 6.6854 2009-10 291 6.26