(Rs.crore) 2004 2005 Variation Item Apr. 16 Apr. 8 Apr. 15# Week Year 1 2 3 4 5 6 Notes issued 3,32,330 3,69,363 3,74,318 4,955 41,988 Notes in circulation 3,32,306 3,69,351 3,74,304 4,953 41,998 Notes held in Banking Department 24 12 14 2 –10 Deposits Central Government 5,381 374 100 –274 –5,281 Market Stabilisation Scheme 13,925 66,132 66,121 –10 52,196 State Governments 41 416 41 –375 — Scheduled Commercial Banks 66,223 96,896 1,03,427 6,531 37,204 Scheduled State

Variation over Item As on Apr. 15, 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 6,20,352 1,41,545 1,206 88 1,236 31 48,674 10,367 1,04,449 23,953 (a) Foreign Currency Assets 5,94,378 1,35,610 1,189 86* 1,257 39 48,912 10,446 1,02,357 23,507 (b) Gold 19,686 4,500 — — — — –283 –82 1,470 302 (c) SDRs 20 5 — — — — –2 — 10 3 (d) Reserve Position in

(Rs. crore) Outstanding Variation over as on Financial year so far Year-on-year Item 2005 Fortnight Apr. 1# 2004-2005 2005-2006 2004 2005 1 2 3 4 5 6 7 Liabilities to the Banking System Demand and time deposits from Banks 40,611 3,839 5,287 3,839 194 –1,510 Borrowings from Banks (1) 33,204 5,293 1,225 5,293 –2,548 16,953 Other demand and time liabilities(2) 3,966 832 –149 832 –1,480 1,488 Liabilities to Others Aggregate deposits@ 17,66,628 46,680 46,992 46,680 2,26,93

(per cent per annum) 2004 2005 Item / week ended Apr. 9 Mar. 4 Mar. 11 Mar. 18 Mar. 25 Apr. 1 Apr. 8 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 5.25-6

(Rs. crore) 2004 - 2005 2003 - 2004 Outstanding Variation Outstanding Variation 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 93,311 @

Foreign 2004 2005 2004 2005 Currency Apr. 16 Apr. 11 Apr. 12 Apr. 13 Apr. 14+ Apr. 15 Apr. 16 Apr. 11 Apr. 12 Apr. 13 Apr. 14+ Apr. 15 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 43.8900 43.7400 43.7000 43.7500 43.8300 (Based on Middle Rates) Euro 52.6300 56.5400 56.7900 56.5800 56.1000 FEDAI Indicative Rates (Rs. per Foreign Currency) U.S. { Buying 43.8750 43.7400 43.7000 43.7400 43.8200 2

(Rs. crore) Outstanding as on Variation over Financial year so far Year-on-year 2005 Fortnight 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 22,69,156 23,15,061 47,007 2.1 44,787 2.2 45,905 2.0 2,88,866 16.4 2,61,745 12.7 M3 (22,65,587) (23,11,492) (2,58,176) (12.6) Components (i+ii+iii+iv) (i) Currency with the Public 3,57,424 3,56,111 –1,309 –0.4 –1,232 –0.4 –1,313 –0.4 39,523 14.4 41,9

(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. 15# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 Reserve Money 4,89,128 4,97,105 11,716 2.4 –20,744 –4.8 7,977 1.6 35,508 9.3 81,337 19.6 Components (i+ii+iii) (i) Currency in circulation 3,68,649 3,81,740 4,953 1.3 12,573 3.8 13,091 3.6 44,730 15.2 42,139 12.4 (ii) Bankers' deposits with RBI 1,13,996

(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 Apr. 11, 2005 1 — — — — — 42 31,435 42 31,435 4.75 –31,435 31,435 Apr. 12, 2005 1 — — — — — 40 33,205 40 33,205 4.75 –33,205 33,205 Apr. 1

(Rs. crore) Date of Date of Notified Bids Received Bids Accepted Devol- Total Weigh- Implicit Amount Auction Issue Amount Number Total Face Value Number Total Face Value vement Issue ted Yieldat Outstanding Com- Non- Com- Non- on (8+9+10) Average Cut-off as on the petitive Com- petitive Com- RBI 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 91-Day Treasury Bills 2004-2005 Sep. 29 Oct. 1 2,000 65 2,391 — 53 2,000 —

Fortnight Date Ended 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 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 5,75,547 6,85,425 7,96,460 9,07,496 10,07,913 10,98,864 11,86,697 12,91,911 13,83,870 Apr. 2 Apr. 3 Apr. 4 Apr. 5 Apr. 6 Apr. 7 Apr. 8 Apr. 9 Apr. 10 Apr. 11 Apr. 12 Apr. 13 Apr. 14 Apr. 15 Apr. 15, 2005 95,287 1,90,573 2,90,806 3,89,115 4,82,059 5

(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 Mar. 4, 2005 10,310 1,842 5.25 — 6.31 Mar. 18, 2005 12,078 2,594 4.21 — 6.34@: 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. 31, 2005 13,419 1,437 5.20 — 7.25 Apr. 15, 2005 14,809 1,964 5.55 — 6.33@: Typical effective discount rate range per annum on issues during the fortnight.

2004 2005 Percentage Variation over Weight Apr. 3 Feb. 5* Apr. 2# Week Month End Year Items / Week ended March 1 2 3 4 5 6 7 8 9 ALL COMMODITIES 100.00 180.7 188.5 190.2 0.4 0.7 0.4 5.3 Primary Articles 22.02 184.0 184.1 186.5 0.4 0.9 0.4 1.4 (i) Fruits and Vegetables 2.92 197.0 186.0 211.1 3.1 8.7 3.1 7.2 Fuel, Power, Light and Lubricants 14.23 263.3 289.5 289.9 1.0 0.3 1.0 10.1 Manufactured Products 63.75 161.2 167.5 169.2 0.2 0.7 0.2 5.0 (i) Sugar, Khandsari and Gu

2004 2005 Apr. 15 Apr. 11 Apr. 12 Apr. 13 Apr. 14+ Apr. 15 1 2 3 4 5 6 7 BSE SENSEX (1978-79=100) 5843.97 6397.52 6464.61 6467.92 6248.34 S & P CNX NIFTY (3.11.1995=1000) 1861.95 2008.20 2024.95 2025.45 1956.30 +:Market closed.

(Rs. crore) WeekEnded Mar. 4, 2005 Mar. 11, 2005 Mar. 18, 2005 Mar. 25, 2005 Apr. 1, 2005 Apr. 8, 2005 Apr. 15, 2005 1 2 3 4 5 6 7 8 1. Banks (a) Borrowings 3,168 3,980 4,161 6,209 8,359 7,121 8,236 (b) Lendings 3,817 4,736 4,457 6,753 9,199 7,697 9,108 2. Primary Dealers (a) Borrowings 1,825 2,421 1,744 1,886 2,389 2,067 2,468 (b) Lendings 8 10 4 130 123 36 70 3. Non-Bank Institutions (a) Lendings 1,167 1,656 1,444 1,212 1,427 1,455 1,525 4. Total (a) Borrowings 4,99

(Rs. crore) WeekEnded Items Mar. 11, 2005 Mar. 18, 2005 Mar. 25, 2005 Apr. 1, 2005 Apr. 8, 2005 Apr. 15, 2005 1 2 3 4 5 6 7 I. Outright Transactions (a) Govt. of India Dated Securities 22,655 16,134 12,523 18,157 25,867 11,927 (b) State Government Securities 377 700 308 857 200 179 (c) 91 – Day Treasury Bills 3,289 5,187 4,490 8,119 13,858 8,279 (d) 182 – Day Treasury Bills — — — — 614 1,101 (e) 364 – Day Treasury Bills 8,846 6,345 4,913 6,906 10,195 10,445 II. RBI* 9

(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. 28, 2005 814 195 164 32 170 47 1,262 1,846 197 559 228 8 Mar. 29, 2005 997 491 305 105 297 393 1,587 2,122 221 727 696 24 Mar. 30, 2005 909 316 182 37 172 209 1,133 1,554 167 1,067 484 38 Mar. 31, 2005 1,100 387 145 53 313 266 1,265

(Rs. crore) WeekEnded Mar. 12, 2005 Mar. 19, 2005 Mar. 26, 2005 Apr. 2, 2005 Apr. 9, 2005 Apr. 16, 2005 1 2 3 4 5 6 7 Amount 396.65 92.09 383.72 557.75 400.29 236.66 Source: National Stock Exchange of India Ltd.

(Rs. crore) Apr. 15, 2005 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 91 Day 182 Day 364 Day (2+3+4+5) Week March (Intermediate) (Auction) (Auction) (Auction) 1 2 3 4 5 6 7 8 Reserve Bank of India — — — — — — — Banks — 21,907 1,442 41,350 64,699 188 2,719 State Governments 11,637 2,580 — — 14,217 –1,383 –1,852 Others 70 4,130 58 6,862 11,121 –110 –139

(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. 15, 2005) Apr. 16, 2004) Apr. 15, 2005) Apr. 16, 2004) 1 2 3 4 5 6 7 1. Total 8,000 10,000 * 1,05,350 $ 8,000 10,000 * 71,034 $ of which : 1.1 Devolvement/Private Placement on RBI — — 1,197 2. RBI's OMO Sales 252 206 2,899 Purchases — — — $ : Includes Rs.25,000 crore under Market Stabilisation Scheme (MSS). * : Includ

(Amount in Rs. crore) For the Week Ended Apr. 8, 2005 For the Week Ended Apr. 15, 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 2005-06 185 5.0629 5.5660 6 5.3108 5.3108 2006-07 189 5.6204 5.8100 270 5.7041 5.7709 2007-08 480 5.9599 6.0104 800 6.0095 6.0095 2008-09 205 6.1682 6.4135 25 6.3580 6.3713 2009-10 143 6.3860 7.