(Rs. crore) Item 2007 2008 Variation Jan. 5 Dec. 28 Jan. 4# Week Year 1 2 3 4 5 6 Notes Issued 4,73,026 5,44,883 5,47,083 2,200 74,057 Notes in Circulation 4,73,004 5,44,865 5,47,065 2,200 74,061 Notes held in Banking Department 22 18 18 — –4 Deposits Central Government 26,219 60,691 16,615 –44,076 –9,604 Market Stabilisation Scheme 38,245 1,59,717 1,55,835 –3,882 1,17,590 State Governments 41 41 41 — — Scheduled Commercial Banks 1,30,341 2,57,725 2,29,581 –28,143 99,

Item Variation over As on Jan. 4, 2008 Week End-March 2007 End-December 2007 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 10,86,308 276,255 –689 696 2,18,086 77,076 1,288 939 3,04,085 99,670 (a) Foreign Currency Assets 10,51,773 267,491 –356 724 * 2,15,176 75,567 1,288 938 3,00,790 97,969 (b) Gold 32,819 8,328 –332 –29 3,246 1,544 — — 3,995 1,811 (c) SDRs 13 3 — — 5 1 — — 9 2 (d)

(Rs. crore) Outstanding Variation over Item as on 2007 Month Financial year so far Year-on-year Dec. 28 # 2006-2007 2007-2008 2006 2007 1 2 3 4 5 6 7 Liabilities to the Banking System Demand and Time Deposits from Banks 37,517 1,378 –4,870 –3,255 –2,728 5,310 Borrowings from Banks(1) 27,891 2,511 10,048 –7,508 10,475 –11,354 Other Demand and Time Liabilities (2) 18,088 180 –429 5,802 2,178 9,628 Liabilities to Others Aggregate Deposits@ 29,52,647 28,340 2,79,096 3,44,

Item / Week Ended 2006 2007 Dec. 29 Nov. 23 Nov. 30 Dec. 7 Dec. 14 Dec. 21 Dec. 28 1 2 3 4 5 6 7 8 Cash Reserve Ratio (per cent)(1) 5.25 7.50 7.50 7.50 7.50 7.50 7.50 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) 11.00-11.50 12.75-13.25 12.75-13.25 12.75-13.25 12.75-13.25 12.75-13.25 12.75-13.25 Deposit Rate(4) 7.00-8.00 8.00-9.00 8.00-9.00 8.00-9.00 8.00-9.00 8.00-9.00 8.25-9.00 Call Money Rat

(Rs. crore) 2007 - 2008 2006 - 2007 Item Outstanding as on Variation Outstanding as on Variation 2007 (3) - (2) 2006 (6) - (5) Mar. 30 Dec. 21 Mar. 31 Dec. 22 1 2 3 4 5 6 7 1. Bank Credit 19,28,913 21,21,765 1,92,852 15,07,077 17,35,705 2,28,627 (10.0) (15.2) A. Food Credit 46,521 40,268 –6,253 40,691 41,629 938 B. Non-Food Credit 18,82,392 20,81,498 1,99,105 14,66,386 16,94,075 2,27,689 (10.6) (15.5) 2. Investments 83,394 83,604 210 79,464 79,990 525 A. Commercial Pa

Foreign Currency 2007 2008 Annual Appreciation (+) / Depreciation (-) (per cent) Dec. 31 Jan. 1 Jan. 2 Jan. 3 Jan. 4 Dec. 31 Jan. 1 Jan. 2 Jan. 3 Jan. 4 1 2 3 4 5 6 7 8 9 10 11 RBI's Reference Rate (Rs. per Foreign Currency) U.S. Dollar 39.4100 39.4200 39.4300 39.4500 39.3200 — — 12.10 12.37 12.97 Euro 58.1200 57.5100 57.7600 58.0400 57.9100 — — 1.33 1.45 0.95 FEDAI Indicative Rates (Rs. per Foreign Currency) U.S. { Buying 39.4100 39.4150 39.4200 39.4400 39.3100 — — 1

Outstanding as on Variation over Item 2007 Fortnight Financial year so far Year-on-year 2006-2007 2007-2008 2006 2007 Mar. 31# Dec. 21# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 M3 33,10,278 37,02,794 20,199 0.5 2,86,763 10.5 3,92,516 11.9 4,88,632 19.3 6,86,487 22.8 Components (i+ii+iii+iv) (i) Currency with the Public 4,83,471 5,34,209 3,855 0.7 48,505 11.7 50,738 10.5 66,972 17.0 72,585 15.7 (ii) Demand Deposits with Banks 4,74,228

(Rs. crore) Outstanding as on Variation over Financial year so far Year-on-year Item 2007 2008 Week 2006-2007 2007-2008 2007 2008 Mar. 31# Jan. 4# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 Reserve Money 7,09,016 8,05,143 –25,665 –3.1 52,403 9.1 96,126 13.6 1,01,095 19.3 1,79,684 28.7 Components (i+ii+iii) (i) Currency in Circulation 5,04,225 5,55,915 2,200 0.4 50,483 11.7 51,691 10.3 69,785 17.0 74,757 15.5 (ii) Bankers' Deposits with

REPO (INJECTION) REVERSE REPO (ABSORPTION) Net Injection(+)/ LAF Repo period Bids Received Bids Accepted Cut-Off Bids Received Bids Accepted Cut-Off Absorption(-) of Outstanding Date (Day(s)) Number Amount Number Amount Rate(%) Number Amount Number Amount Rate(%) Liquidity (6-11) Amount @ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Dec. 31, 2007 1 4 7,350 4 7,350 7.75 4 3,705 4 3,705 6.00 3,645 –3,645 Jan. 1, 2008 1 2 2,050 2 2,050 7.75 1 5 1 5 6.00 2,045 –2,045 Jan. 2, 2008 1 1

Date of Date of Notified Bids Received Bids Accepted Devol- Total Weigh- Implicit Amount Auction Issue Amount Total Face Value Total Face Value vement Issue ted Yield at Outstanding Number Com- petitive Non- Com- petitive Number Com- petitive Non- Com- petitive on RBI (8+9+10) Average Price Cut-off Price (per cent) as on the Date of Issue (Face Value) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 91-Day Treasury Bills 2007-2008 Apr. 4 Apr. 7 2,000 111 8,612 1,200 15 2,000 1,200 —

(Rs. crore) Fortnight Ended Date 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Dec. 21, Dec. 8 Dec. 9 Dec. 10 Dec. 11 Dec. 12 Dec. 13 Dec. 14 Dec. 15 Dec. 16 Dec. 17 Dec. 18 Dec. 19 Dec. 20 Dec. 21 2007 2,40,729 4,81,458 7,24,694 9,65,769 12,17,508 14,82,058 17,44,613 20,05,978 22,67,344 25,03,434 27,20,523 29,34,084 31,67,083 34,00,059 Jan. 4, Dec. 22 Dec. 23 Dec. 24 Dec. 25 Dec. 26 Dec. 27 Dec. 28 Dec. 29 Dec. 30 Dec. 31 Jan. 1 Jan. 2 Jan. 3 Jan. 4 2008 2,30,928 4,61,857 6,90

Fortnight Ended Total Amount Outstanding # Issued During the Fortnight # Rate of Interest (per cent)@ 1 2 3 4 Jan. 5, 2007 68,928 2,449 8.26 — 9.25 Apr. 13, 2007 93,807 2,539 9.50 — 11.50 Jul. 6, 2007 1,02,992 4,186 6.25 — 9.69 Oct. 12, 2007 1,22,142 9,398 6.87 — 10.00 Nov. 9, 2007 1,25,653 3,080 6.87 — 9.00 Nov. 23, 2007 1,27,142 3,573 6.87 — 9.03 @ : Effective interest rate range per annum.

Fortnight Ended Total Amount Outstanding Reported During the Fortnight Rate of Interest (per cent)@ 1 2 3 4 Jan. 15, 2007 23,758 1,255 8.30 — 9.58 Apr. 15, 2007 19,013 1,952 10.00 — 14.00 Jul. 15, 2007 28,129 4,200 4.00 — 11.50 Oct. 15, 2007 38,495 6,977 7.00 — 13.00 Oct. 31, 2007 42,183 6,252 6.70 — 12.00 Nov. 15, 2007 41,678 1,517 7.50 — 12.00 @ : Typical effective discount rate range per annum on issues during the fortnight.

Items / Week Ended Weight 2006 2007 Percentage Variation over Dec. 23 Oct. 27* Dec. 22# Week Month End March Year 1 2 3 4 5 6 7 8 9 ALL COMMODITIES 100.00 208.6 215.4 215.9 0.1 0.2 2.6 3.5 Primary Articles 22.02 213.3 224.3 222.4 –0.1 –0.1 3.0 4.3 (i) Fruits and Vegetables 2.92 230.3 239.8 226.3 0.2 –1.1 2.1 –1.7 Fuel, Power, Light and Lubricants 14.23 321.9 323.7 330.2 0.5 1.3 3.2 2.6 Manufactured Products 63.75 181.7 188.2 188.1 0.1 –0.1 2.2 3.5 (i) Sugar, Khandsari

2007 2008 Jan. 4 Dec. 31 Jan. 1 Jan. 2 Jan. 3 Jan. 4 1 2 3 4 5 6 7 BSE SENSEX (1978-79=100) 13871.71 20286.99 20300.71 20465.30 20345.20 20686.89 S & P CNX NIFTY (3.11.1995=1000)</p> 3988.80 6138.60 6144.35 6179.40 6178.55 6274.30

Week Ended Nov. 23, 2007 Nov. 30, 2007 Dec. 7, 2007 Dec. 14, 2007 Dec. 21, 2007 Dec. 28, 2007 Jan. 4, 2008 1 2 3 4 5 6 7 8 1. Banks (a) Borrowings 7,887 8,880 5,960 7,626 6,847 7,346 9,842 (b) Lendings 8,987 10,388 7,250 8,752 8,376 8,254 11,475 2. Primary Dealers (a) Borrowings 1,134 1,560 1,296 1,157 1,557 954 1,784 (b) Lendings 35 52 6 32 28 46 151 3. Total (a) Borrowings 9,021 10,440 7,256 8,783 8,404 8,301 11,626 (b) Lendings 9,021 10,440 7,256 8,783 8,404 8,301

Week Ended Items Nov. 30, 2007 Dec. 7, 2007 Dec. 14, 2007 Dec. 21, 2007 Dec. 28, 2007 Jan. 4, 2008 1 2 3 4 5 6 7 I. Outright Transactions (a) Govt. of India Dated Securities 38,381 68,448 64,026 43,163 36,831 1,32,415 (b) State Government Securities 684 931 411 389 613 2,012 (c) 91 – Day Treasury Bills 506 1,666 2,083 1,484 766 1,440 (d) 182 – Day Treasury Bills 824 276 636 771 816 1,328 (e) 364 – Day Treasury Bills 1,900 3,761 3,486 1,639 4,565 9,664 II. RBI* 47 1,62

Merchant Inter-bank Position Date FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Spot Forward Forward Spot Swap Forward Spot Swap Forward Cancel- lation Cancel- lation 1 2 3 4 5 6 7 8 9 10 11 12 13 Purchases Dec. 17, 2007 4,332 1,840 456 1,138 1,712 2,513 5,184 6,453 467 6,415 3,245 675 Dec. 18, 2007 2,877 1,460 439 1,379 1,441 1,746 5,118 4,988 405 4,488 1,858 147 Dec. 19, 2007 5,049 1,403 463 1,128 1,232 1,557 3,566 4,577 833 5,162 2,326 362 Dec. 20, 2

Week Ended Nov. 30, 2007 Dec. 7, 2007 Dec. 14, 2007 Dec. 20, 2007 Dec. 28, 2007 Jan. 4, 2008 1 2 3 4 5 6 7 Amount 112.88 117.31 104.74 5.00 40.46 237.20 Note: With effect from October 8, 2005, trading in securities on WDM segment will not be available on Saturdays. Source : National Stock Exchange of India Ltd.

January 4, 2008 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities 14 Day 91 Day 182 Day 364 Day Total Over the Over End (Intermediate) (Auction) (Auction) (Auction) (2+3+4+5) Week March 1 2 3 4 5 6 7 8 Reserve Bank of India — — — — — — — Banks — 11,908 10,266 30,668 52,841 –1,917 719 State Governments 45,458 18,978 4,380 4,675 73,491 1,883 88 Others 508 7,612 8,234 22,692 39,046 –2,122 8,771

(Devolvement/Private Placement on RBI and OMO Sales/Purchases) (Face Value in Rs. crore) Gross Amount Raised Net Amount Raised 2007-2008 2006-2007 2006-2007 2007-2008 2006-2007 2006-2007 (Upto (Upto (Upto (Upto Jan. 4, 2008) Jan. 5, 2007) Jan. 4, 2008) Jan. 5, 2007) 1 2 3 4 5 6 7 1. Total 1,37,000 1,21,000 1,46,000 93,754 83,986 1,06,921 of which : 1.1 Devolvement/Private Placement on RBI — — — 2. RBI's OMO Sales 6,188 4,142 5,845 Purchases 6,350 715 720 * : Includes

(Amount in Rs. crore) For the Week Ended Dec. 28, 2007 For the Week Ended Jan. 4, 2008 Item Amount YTM (%PA) Indicative** Amount YTM (%PA) Indicative** Minimum Maximum Minimum Maximum 1 2 3 4 5 6 7 I. Outright Transactions 1. Govt. of India Dated Securities Maturing in the year 2007-08 — — — — — — 2008-09 265 8.1872 8.2998 620 7.4952 7.9700 2009-10 5,660 7.7248 7.8201 9,759 7.4507 7.7421 2010-11 115 7.7517 7.7724 550 7.4965 7.7475 2011-12 405 7.7699 7.8646 100 7.6011