(Rs. crore)20032004VariationItemFeb. 7Jan. 30Feb. 6#WeekYear12345 6Notes issued2,72,1583,08,6713,13,7045,033 41,546Notes in circulation2,72,1163,08,6443,13,6785,034 41,562Notes held in Banking Department412726–1 –15Deposits Central Government100101101— 1State Governments414141— —Scheduled Commercial Banks65,64171,58367,320–4,263 1,679Scheduled State Co-operative Banks1,5961,8011,464–337 –132Other Banks4,3174,6754,478–197 161Others6,5208,3407,889–451 1,369Other liabili

Variation overItemAs on Feb. 6, 2004WeekEnd-March 2003End-December 2003YearRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011Total Reserves4,82,7281,06,6076,8551,6091,24,44831,17918,2584,7721,26,38731,940of which :(a)Foreign Currency Assets4,63,2831,02,3156,6481,535*1,21,80730,42518,0514,6981,24,60531,343(b)Gold19,4324,289207742,647755207741,802601(c) SDRs133––—–6–1——–20–4Memo Item : RTP**5,9651,3172252,775645–3712,767647*: F

(Rs. crore) Outstanding Variation over as on Financial year so farYear-on-yearItem2004Month Jan. 30# 2002-20032003-2004200320041 234567Liabilities to the Banking System Demand and time deposits from Banks36,7361,0085,421–3,7186,005–114 Borrowings from Banks(1) 12,548–1,199–470–7,0892,682–7,232 Other demand and time liabilities(2)2,185–167–232–69152193Liabilities to Others Aggregate deposits@ 14,50,69830,9101,74,4781,69,8452,01,1691,72,860 (2.2)(15.8)(13.3)(18.7)(13.5)

(per cent per annum) 20032004Item / week endedJan. 31Dec. 26Jan. 2Jan. 9Jan. 16Jan. 23Jan. 3012345 678Cash Reserve Ratio (per cent)(1)4.754.504.504.50 4.504.504.50Bank Rate6.256.006.006.00 6.006.006.00I.D.B.I.(2)12.5012.5012.5012.50 12.5012.5010.25Prime Lending Rate(3)10.75-11.5010.50-11.0010.25-11.0010.25-11.0010.25-11.0010.25-11.0010.25-11.00Deposit Rate(4)5.50-6.255.00-5.755.00-5.755.00-6.005.00-5.505.00-5.505.00-5.50Call Money Rate (Low / High)(5) - Borrowings4.30

(Rs. crore) 2003 - 2004 2002 - 2003 OutstandingVariationsOutstandingVariations as on(3) - (2)as on(6) - (5) 20032004 20022003 Item Mar. 21Jan. 23Mar. 22Jan. 2412345671. Bank Credit7,29,2157,95,35066,1355,89,7236,97,5311,07,808 (9.1) (18.3) A.Food Credit49,47936,686–12,79353,97849,784–4,194 B. Non-Food Credit6,79,7367,58,66478,9285,35,7456,47,7471,12,002 (11.6) (20.9)2. Investments £92,85488,214 @–4,63981,00092,117 +11,117 A.Commercial Paper4,0074,3363298,4975,477–3,02

Foreign 2003 2004 2003 2004 CurrencyFeb. 7Feb. 2+Feb. 3Feb. 4Feb. 5Feb. 6Feb. 7Feb. 2+Feb. 3Feb. 4Feb. 5Feb. 61234567891011121314 RBI's Reference Rate (Rs. per Foreign Currency) Foreign Currency per Rs. 100@U.S. Dollar 47.7200 45.300045.310045.270045.2800 (Based on Middle Rates)Euro 51.5900 56.470056.840056.740056.7900 FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{Buying47.7150 45.290045.305045.265045.26502.0956 2.20752.20702.20902.2085Dollar Selling47.7250 4

(Rs. crore)Outstanding as onVariation overFinancial year so farYear-on-year20032004Fortnight2002-20032003-200420032004ItemMar. 31#Jan. 23#Amount %Amount%Amount%Amount%Amount%1234567891011121317,25,22219,25,3684,3810.21,98,88413.32,00,14611.62,38,81416.42,28,12913.4M3[16,95,551][1,67,438][11.2][2,07,368][14.2]Components (i+ii+iii+iv)(i)Currency with the Public2,70,9833,05,9756980.224,50310.234,99212.931,98113.740,67715.3(ii)Demand deposits with banks1,98,6022,18,861–4,

(Rs. crore)Outstanding as onVariation overFinancial year so farYear-on-year20032004Week2002-20032003-200420032004ItemMar. 31#Feb. 6#Amount%Amount%Amount%Amount%Amount%12345678910111213Reserve Money3,69,0613,98,436–214–0.115,6094.629,3748.029,3979.144,85612.7Components (i+ii+iii)(i)Currency in circulation2,82,4733,20,9185,0341.628,13511.238,44513.632,78213.341,80915.0(ii)Bankers' deposits with RBI83,34673,263–4,796–6.1–12,593–15.0–10,083–12.1–4,086–5.41,7092.4(iii)"Oth

(Rs. crore)REPOREVERSE REPORepo/RRNet injection(+)OutstandingLAFperiodBids ReceivedBids AcceptedCut-OffBids ReceivedBids AcceptedCut-Offabsorption(-) ofAmount @Date(Day(s))NumberAmountNumberAmountRate(%)NumberAmountNumberAmountRate(%)liquidity (11-6)1234567891011121314Feb.3, 200416040,7356040,7354.50—————–40,73545,190Feb.4, 200415944,9205944,9204.50—————–44,92049,375Feb.5, 200415943,4255943,4254.50—————–43,42547,880Feb.6, 200436142,6206142,6204.50—————–42,62047,075@:N

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmountTotal Face ValueTotal Face ValueIssuetedYield atOutstandingNumberCom-Non-NumberCom-Non-PDs/SDs*RBI(8+9+Cut-offas on thepetitiveCom-petitiveCom-10+11)AveragePriceDate of IssuepetitivepetitivePrice(per cent)(Face Value)1234567891011121314152003-2004Jul.2Jul.450031778—25500———50098.775.02237,488Oct.1Oct.350024730—16500———50098.904.489815,038Jan.7Jan.9500358

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmountTotal Face ValueTotal Face ValueIssuetedYield atOutstandingNumberCom-Non-NumberCom-Non-PDs/SDs*RBIpetitiveCom-petitiveCom-(8+9+AverageCut-offas on thepetitive$petitive$10+11)PricePriceDate of Issue(per cent)(Face Value)1234567891011121314152003-2004Jul.9Jul.111,000512,43029211,00029——1,02995.284.964826,128Oct.1Oct.31,000461,615—401,000———1,00095.744.4932

(Rs. crore)FortnightEndedDate123456789101112131415Jan. 10Jan. 11Jan. 12Jan. 13Jan. 14Jan. 15Jan. 16Jan. 17Jan. 18Jan. 19Jan. 20Jan. 21Jan. 22Jan. 23Jan. 23,200468,9891,37,9772,07,8642,82,3453,47,7744,16,0894,84,0995,51,1806,18,2626,95,2007,68,2598,36,9029,08,4119,84,522Jan. 24Jan. 25Jan. 26Jan. 27Jan. 28Jan. 29Jan. 30Jan. 31Feb. 1Feb. 2Feb. 3Feb. 4Feb. 5Feb. 6Feb. 6,200478,4641,56,9282,35,3913,05,8573,70,9064,39,4815,11,8405,83,7426,55,6447,27,5467,95,1738,59,8149,27,

(Rs. crore) Fortnight endedTotal AmountIssued duringRate of Interest Outstanding #the fortnight #(per cent)@ 1 234 Jan.10, 20031,199594.37 — 6.61 Apr.4, 20031,188255.25 — 7.40 Jul.11, 20032,242444.45 — 6.25 Oct.3, 20033,154483.75 — 6.75 Dec.12, 20033,6430.664.00 — 6.00 Dec.26, 20033,8301133.75 — 6.00@: Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal AmountReported duringRate of Interest Outstandingthe fortnight(per cent)@1 234Jan.15, 20038,645 8865.70 — 7.50Apr.15, 20035,839 7525.25 — 8.15Jul.15, 20037,0691,1425.15 — 6.80Oct.15, 20036,9741,0274.75 — 7.75Jan.15, 20049,5251,5424.63 — 6.00Jan.31, 20049,562 6684.70 — 5.75@ : Typical effective discount rate range per annum on issues during the fortnight.

20032004Percentage Variation over WeightJan. 25Nov. 29*Jan. 24#WeekMonthEndYearItems / Week ended March 1 23456789ALL COMMODITIES100.00168.3176.7178.60.21.13.76.1Primary Articles22.02174.9182.1182.90.21.72.64.6 (i)Fruits and Vegetables2.92175.3203.6190.6–0.62.44.78.7Fuel, Power, Light and Lubricants14.23242.8255.2262.2—1.52.38.0Manufactured Products63.75149.4157.3158.40.30.64.66.0 (i)Sugar, Khandsari and Gur3.93126.6142.3138.5–0.1–1.27.19.4 (ii)Edible Oils2.76145.2158

2003 2004 Feb. 6Feb. 2+Feb. 3Feb. 4Feb. 5Feb. 61 234567BSE SENSEX (1978-79=100)3305.44 5620.985756.765720.635786.35S & P CNX NIFTY (3.11.1995=1000)1063.60 1769.001822.201804.501833.65+:Market closed.

(Rs. crore)Week Ended Dec. 26, 2003Jan. 2, 2004Jan. 9, 2004Jan. 16, 2004Jan. 23, 2004Jan. 30, 2004Feb. 6, 20041 23456781. Banks (a)Borrowings2,2962,4832,5662,2862,4261,6821,360 (b)Lendings3,4234,6894,2564,2434,0962,9822,3832. Primary Dealers (a)Borrowings5,6015,9395,7255,7505,5224,1504,066 (b)Lendings1014626515010513. Non-Bank Institutions (a)Lendings3,4043,0342,8982,9253,2952,4552,9574. Total (a)Borrowings7,8978,4228,2918,0367,9485,8325,426 (b)Lendings6,9287,7697,180

(Rs. crore)Week EndedItems Jan. 2, 2004Jan. 9, 2004Jan. 16, 2004Jan. 23, 2004Jan. 30, 2004Feb. 6, 20041 234567I.Outright Transactions (a)Govt. of India Dated Securities 47,31168,57536,02331,64725,28034,281 (b)State Government Securities 777580654354239677 (c)91 – Day Treasury Bills 2,2862,1961,4901,3004721,744 (d)364 – Day Treasury Bills 4,0961,7612,1631,6382,7752,043II.RBI* 1575,021——5017 @ :Excluding Repo Transactions.*: RBI's sales and purchases include transaction

(US$ Million) Merchant Inter-bank FCY / INR FCY / FCY FCY / INR FCY / FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 1 2345678910111213 Purchases Jan.19, 20044282237358774280512544670314821 Jan.20, 2004419333200218013264816641389582626 Jan.21, 20046604691049777541299193662121016278 Jan.22, 20045842369575213296315128588826860 Jan.23, 200458541988281727410939932375827647 Sales Jan.19, 200443323199475639

(Rs. crore)Week Ended Jan. 3, 2004Jan. 10, 2004Jan. 17, 2004Jan. 24, 2004Jan. 31, 2004Feb. 7, 20041234567Amount247.80157.45296.3384.06120.0864.36 Source : National Stock Exchange of India Ltd.

(Rs. crore) Feb. 6, 2004 Variation 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—2,58915,62818,217–10–10,677 State Governments4,361200—4,56171–1,833 Others2563,94310,50314,7032389,549

(Face Value in Rs. crore)Gross Amount RaisedNet Amount Raised 2003-20042002-20032002-20032003-20042002-20032002-2003 (Upto(Upto (Upto(Upto Feb. 6, 2004)Feb. 7, 2003) Feb. 6, 2004)Feb. 7, 2003) 1 2345671. Total1,25,934*$1,12,0001,25,00094,03284,58097,580 of which : 1.1 Devolvement/Private Placement on RBI 16,500 $23,17536,175 2. RBI's OMO Sales 41,76253,69453,780 Purchases——— *: Includes Rs.14,434 crore representing face value of four Securities re-issued on July 22, 2

(Amount in Rs. crore) For the Week Ended Jan. 30, 2004 For the Week Ended Feb. 6, 2004 Item AmountYTM (%PA) Indicative** AmountYTM (%PA) Indicative** MinimumMaximum MinimumMaximum1 23 456 7I.Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 2003-043894.34274.44374954.14034.4273 2004-052514.47364.52081364.41624.5329 2005-061484.49534.5381444.37634.5115 2006-07—— —114.62054.6605 2007-08864.75194.77571204.86785.0381 2008-092944.78736.95693754.8