(Rs. crore)Item19981999 Variation over Jan. 23Jan. 15Jan. 22WeekYear123456Notes in circulation1,45,1731,68,8991,68,523-37623,350Notes issued1,45,1931,68,9321,68,554-37823,361Notes held in Banking Department203331-211Deposits : Central Government505050--State Governments1210111-1Scheduled Commercial Banks59,88772,84771,079-1,76811,192Scheduled State Co-operative Banks614823744-79130Other Banks8871,0631,13269245Others4,5515,5085,234-274683Other liabilities45,27762,63162

Variation over As on Jan. 29, 1999WeekEnd- March 1998End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn. Rs. CroreUS$ Mn.1234567891011 Total Reserves1,29,52530,491-312-4313,6201,1241,67143521,1232,656of which : (a) Foreign Currency Assets1,16,51527,429-311-4214,0081,4541,82247121,3692,970 (b) Gold12,8083,015---586-376---205-298 (c) SDRs20247-1-119846-151-36-41-16Note :1.Foreign currency assets expressed in US dollar terms include

(Rs. crore) Outstanding as onVariation over Item1999 Financial year so far Jan. 15#Fortnight1997-981998-99Year 123456 Liabilities to the Banking System Demand and time deposits from banks29,329-493,0505,6478,883 Borrowings from Banks(1)11,5841,1126,1114,4242,215 Other demand and time liabilities(2)561-32-325-884347Liabilities to Others Aggregate deposits6,85,062@1,98159,58079,6521,19,883 (0.3)(11.8)(13.2)(21.2) Demand1,00,394-599-1,535-2,11911,319 Time5,84,668@2,58061

(Per cent per annum) 199819981999Item / week endedJan. 23Dec. 25Jan. 1Jan. 8Jan. 15Jan. 221234567Bank Rate11.009.009.009.009.009.00I.D.B.I.113.5014.0014.0014.0014.0014.00Prime Lending Rate214.0012.75-13.0 12.75-13.012.75-13.012.75-13.012.75-13.0Deposit Rate39.0-12.09.0-11.59.0-11.59.0-11.59.0-11.59.0-11.5Call Money Rate (Low / High)415.0/100.08.60/9.50 5.50/10.008.50/9.508.90/30.008.50/35.0 1. Medium Term Lending Rate (MTLR). 2. Prime Lending Rate relates to five majo

(Rs. crore) 1998-99 1997-98 Outstanding as onVariations (3) - (2)Outstanding as onVariations (6) - (5) Item19981999 19971998 Mar. 27Jan. 15 Mar. 28Jan. 16 1 2345671.Bank Credit3,24,0793,49,24025,1612,78,4013,02,07623,675 (7.8) (8.5) A.Food Credit12,48516,6004,1157,59712,0134,416 B.Non-Food Credit3,11,5943,32,63921,0462,70,8052,90,06419,259 (6.8) (7.1) 2.Investments33,08445,584@12,50019,41134,967 +15,556 A.Commercial Paper2,0664,8972,8326526,2145,562 B.Bonds/Debentures

Foreign 1998 1999 1998 1999 Currency Jan. 29Jan. 25 Jan. 26+Jan. 27Jan. 28Jan. 29Jan. 29Jan. 25 Jan. 26+Jan. 27Jan. 28Jan. 291234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100@ 38.920042.5100 42.490042.500042.5000 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying38.900042.5100 42.490042.500042.49502.56942.3524 2.35352.35292.3529DollarSelling38.930042.5200 42.500042.510042.5050 Pound{ Buying6

(Rs. crore) OutstandingVariation over as on Item Financial year so far 19981999Fortnight1997-981998-99Year Mar. 31#Jan. 15#Amount%Amount%Amount%Amount% 1234567891011M3 8,25,3899,34,6668,7030.978,50711.21,09,27713.21,54,31119.8Components (i+ii+iii+iv) (i)Currency with the Public1,45,1821,67,1556,7274.213,20710.021,97315.121,86215.0(ii)Demand deposits with banks1,18,4351,16,016-600-0.5-2,497-2.4-2,419-2.013,17912.8(iii)Time deposits with banks5,58,1676,48,150 @2,6950.46

(Rs. crore) OutstandingVariation over as on Item Financial year so far 19981999Week 1997-98 1998-99 Year Mar. 31#Jan. 22#Amount%Amount%Amount%Amount%1234567891011Reserve Money2,26,2332,48,110-2,428-1.012,4666.221,8769.735,65816.8 Components (i+ii+iii) (i) Currency in circulation1,50,8231,72,084-376-0.211,1848.221,26114.123,68316.0 of which : cash with banks5,641.. (ii) Bankers' deposits with RBI71,80672,955-1,778-2.41,8143.01,1491.611,56618.8 (iii) "Other" deposits wi

(Rs. crore)Date of AuctionDate of IssueNotified AmountCompetitive Bids Accepted (FaceValue)Devolvement on PDs and RBI (Face Value)Non-Compe- titive Bids Accepted (Face Value)Total Issue (4+5+6) (Face Value)Weighted Average PriceImplicit Yield at Cut-off Price (per cent)Amount Outstan- ding as on the Date of Issue (Face Value) 1 2345678910Apr.3, ’98Apr.4, ’98100100——10099.727.3004235Jul.3, '98Jul. 4, '98100100——10099.775.9938600Oct..9, '98Oct.10, '98500500——50099.678.8

(Rs. crore)Date of AuctionDate of IssueNotified AmountBids Accepted (Face Value)Devolvement on PDs and RBI (Face Value)Total Issue (4+5) (Face Value)Weighted Average PriceImplicit Yield at Cut-off Price (Per cent)Amount Outstanding as on the Date of Issue (Face Value) 1 23456789Jan.14, ’98Jan.16, ’98——————17,517 @ Apr.7, ’98Apr.11, ’9810069410092.617.979714,339 Jul.1, '98Jul.3, '98100—10010092.617.979710,153 @ Oct.7, '98Oct.9, '98400400—40090.3610.71745,827 Jan.13, '9

(Rs. crore) Fortnight endedTotal Amount Outstanding #Issued during the for tnight #Rate of Interest (Per cent) @1 2 3 4 Oct.10, 19977,572 631 7.50 — 12.00 Jan.2, 19986,876 811 6.50 — 11.75 Apr.10, 199814,584 627 8.25 — 24.00 Jul.17, 19987,287 807 8.00 — 12.50 Oct.9, 19986,132 786 7.75 — 13.50 Oct.23, 19986,214 639 8.25 — 13.00 @ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal Amount OutstandingRepor ted during the for tnightRate of Interest (Per cent) @ 1 234Jan.15, 19985,2491,2058.05 — 11.75Apr.15, 19981,03033811.75 — 18.00Jul.15, 19983,9127728.20 — 13.50Oct.15, 19984,8031,1019.50 — 13.40Dec.31, 19985,4747869.80 — 13.50Jan.15, 19995,4111,2159.75 — 13.00 @ : Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation overItem / Week endedWeightJan. 17Nov. 21 *Jan. 16#WeekMonthEnd MarchYear123456789ALL COMMODITIES100.00338.0358.1353.0-0.2-0.74.74.4Primary Articles32.30353.2393.7381.5-0.4-1.59.78.0(i) Fruits and Vegetables4.09370.6520.7423.4-2.1-11.116.214.2Fuel, Power, Light and Lubricants10.66377.4382.1374.1—-2.1-2.6-0.9Manufactured Products57.04322.1333.5332.9-0.10.13.33.4(i) Sugar, Khandsari and Gur4.06310.0309.3294.1-3.00.1-2.7-5.1(ii) Edible Oils2.

19981999 Jan. 29Jan. 25Jan. 26 +Jan. 27Jan. 28Jan. 291234567 BSE SENSEX (1978-79=100)3,224.363,309.15 3,353.983,292.953,315.57S & P CNX NIFTY (3.11.1995=1000)941.35949.80 971.30955.10966.20Note : NSE - 50, i.e. Nifty has since been rechristened as 'S & P CNX Nifty' with effect trom July 28, 1998.+ : Market closed

(Rs. crore) Fortnight Ended Jul. 31, '98Aug. 14, '98Aug. 28, '98Sep. 11, '98 Sep. 25, '98Oct. 9, '98Oct. 23, '981 23456781.Banks a)Borrowing9,1149,6298,4729,4859,1588,9479,287 b)Lending7,5507,2566,0245,1105,4446,2116,7022.Primary Dealers a)Borrowing4,9414,8143,1433,0383,8245,0594,892 b)Lending1,6461,5849981,2561,1951,0921,4333.Non-Bank Institutions a)Lending4,8335,6494,4754,6644,7604,4463,952

(Rs. crore) Week EndedItemsDec. 25, '98Jan. 1, '99Jan. 8, '99Jan. 15, '99Jan. 22, '99Jan. 29, '99 1234567I. Outright Transactions a.Govt. of India Dated Securities2,8233,46010,5916,8837,2748,207b.State Goverment Securities271399711178c.14 - Day Treasury Bills1941161499416150d.91 - Day Treasury Bills8929031,2545211,055637e.364 - Day Treasury Bills13444751355235141II. RBI *202291,9258379471,291 @ : Excluding Repo Transactions.* : RBI's sales and purchases include transa

(US$ Million) MerchantInter-bank FCY/INRFCY/FCYFCY/INRFCY/FCYPosition DateSpotForwardForward Cancel- lationSpotForwardForward Cancel- lationSpotSwapForwardSpotSwapForward 12345678910111213Purchases Jan. 4, 199919164152572794524597435116212Jan. 5, 1999193552628202893935205550716417Jan. 6, 1999215105801191137454995515739519914Jan. 7, 19992354052701188337885187599228108Jan. 8, 19992558553231285844067515248222339Sales Jan. 4, 19992293551679274384787536916714Jan. 5, 199921

(Rs. crore) Week Ended Dec. 26, '98Jan. 2, '99Jan. 9, '99Jan. 16, '99Jan. 23, '99Jan. 30, '991234567Amount35.312.8420.757.1918.0010.83Source: National Stock Exchange of India Ltd.

19981999ItemAs on FridayJan. 30Jan. 1Jan. 8Jan. 15Jan. 22Jan. 2912345678 Standard GoldOpening4,0604,2104,4004,3604,3604,330 (Rs. per 10 grams)Closing4,0554,2254,3904,3504,3604,330 Silver (999.0 fineness)Opening8,4257,4907,7457,7407,7007,800 (Rs. per kilogram)Closing8,4657,5007,7457,7507,7107,825 Note : In case Friday is a holiday, prices relate to the precedingworking day.Source: BombayBullion Association Ltd

(Rs. crore)HoldersJanuary 29, 1999Variation in Total Treasury BillsTreasury Bills of Different MaturitiesTotal (2+3+4+5)Over the WeekOver End March14 Day (Auction)14 Day (Intermediate)91 Day (Auction)364 Day (Auction)12345678 Reserve Bank of India89—208—297-20-330 Banks51—2,4755,2537,779-106-5,541 State Governments4003,1961,100—4,696323-3,188 Others603776922,0173,146488-869

(Rs. crore) Gross Amount Raised upto January 29, 1999Repayments upto January 29, 1999Net Amount Raised 1998-99 (upto January 29, 1999)1997-98 (upto January 30, 1998) 12345 Total 83,75312,80370,95027,488

(Rs. crore) For the Week Ended January 22, 1999 For the Week Ended January 29, 1999Items AmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 234567I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1998-99 1009.26209.7643109.4478— 1999-00 4019.115010.50262579.031410.5085 2000-01 1,03110.885311.397266411.015813.1189 2001-02 71311.446311.573775011.397111.4601 2002-03 $ 33811.574111.835183811.530711.6327 2003-0