(Rs.crore) 20032004VariationItemJan. 17Jan. 9Jan. 16#WeekYear123456Notes issued2,69,1763,08,9963,10,4761,48041,300Notes in circulation2,69,1383,08,9793,10,4581,47941,320Notes held in Banking Department3817181–20Deposits Central Government100101101—1State Governments414141——Scheduled Commercial Banks62,39669,87566,988–2,8874,592Scheduled State Co-operative Banks1,4901,4391,58814998Other Banks4,2534,3634,43067177Others6,3057,6397,675361,370Other liabilities1,27,3251,41,

   Variation overItemAs on Jan. 16, 2004WeekEnd-March 2003End-December 2003Year Rs.CroreUS$ Mn. Rs.CroreUS$ Mn.Rs.CroreUS$ Mn.Rs.CroreUS$ Mn.Rs.CroreUS$ Mn.1234567891011Total Reserves4,68,7751,03,126–3,672–6981,10,49527,6984,3051,2911,21,66130,726of which : (a)Foreign Currency Assets4,49,53798,908–3,672–698*1,08,06127,0184,3051,2911,18,99829,959(b)Gold19,2254,215——2,440681——2,683771(c) SDRs133––—–6–1——–20–4Memo Item : RTP**5,9791,316–55–102,78

(Rs. crore) OutstandingVariation overItem as on 2004FortnightFinancial year so farYear-on-year Jan. 9# 2002-20032003-2004200320041 234567Liabilities to the Banking System Demand and time deposits from Banks36,2244965,974–4,2305,341–1,178 Borrowings from Banks (1) 12,984–764–740–6,6541,974–6,526 Other demand and time liabilities(2) 4,0041,653–4801,750–1362,261Liabilities to Others Aggregate deposits@ 14,37,39317,6041,60,4781,56,5391,90,4001,73,555 (1.2)(14.5)(12.2)(17.

(per cent per annum) 20032004Item / week endedJan. 10Dec. 5Dec. 12Dec. 19Dec. 26Jan. 2Jan. 912345 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 12.5012.5012.50Prime Lending Rate(3)10.75-11.5010.50-11.0010.50-11.0010.50-11.0010.50-11.0010.25-11.0010.25-11.00Deposit Rate(4)5.50-6.505.00-5.755.00-5.755.00-5.755.00-5.755.00-5.755.00-6.00Call Money Rate (Low / High)(5) - Borrowings3.50/

(Rs. crore) 2003 - 20042002 - 2003 Outstanding as onVariationsOutstanding as onVariationsItem20032004(3) - (2)20022003(6) - (5) Mar. 21Jan. 9 Mar. 22Jan. 10 1 2345671. Bank Credit7,29,2157,91,98962,7745,89,7236,95,5481,05,825 (8.6) (17.9) A.Food Credit49,47936,536–12,94353,97850,142–3,836 B. Non-Food Credit6,79,7367,55,45375,7175,35,7456,45,4061,09,661 (11.1) (20.5)2. Investments 92,85489,477@–3,37781,00091,508+10,509 A.Commercial Paper4,0074,3783718,4975,755–2,742 B.

               Foreign  2003200420032004Currency  Jan. 17Jan. 12Jan. 13Jan. 14Jan. 15Jan. 16Jan. 17Jan. 12Jan. 13Jan. 14Jan. 15Jan. 161 234567891011121314   RBI's Reference Rate (Rs. per Foreign Currency) Foreign Currency per Rs. 100@ U.S. Dollar 47.940045.420045.430045.410045.430045.4500 (Based on Middle Rates) Euro  50

(Rs. crore) OutstandingVariation over as on Financial year so farYear-on-year 20032004Fortnight2002-20032003-200420032004 ItemMar. 31#Jan.9#Amount %Amount%Amount%Amount%Amount%1 2345678910111213M3 17,25,22219,20,98821,9181.21,94,80713.01,95,76511.32,34,88316.12,27,82513.5 [16,95,551] [1,62,186][10.8] [2,02,262][13.9] Components (i+ii+iii+iv) (i)Currency with the Public2,70,9833,05,2774,2761.425,53010.634,29412.731,27613.338,95214.6(ii)Demand deposits with banks1,98,60

(Rs. crore) Outstanding as onVariation over 20032004WeekFinancial year so farYear-on-year 2002-20032003-200420032004ItemMar. 31#Jan. 16#Amount%Amount%Amount%Amount%Amount%1 2345678910111213 Reserve Money3,69,0613,94,745–1,156–0.38,9482.625,6837.033,89310.847,82613.8 Components (i+ii+iii) (i)Currency in circulation2,82,4733,17,6981,4790.525,11210.035,22512.532,49013.341,61215.1(ii)Bankers' deposits with RBI83,34673,007–2,670–3.5–16,008–19.0–10,339–12.41,0921.64,8687.1(

(Rs. crore) REPOREVERSE REPONet LAF Repo/RRBids ReceivedBids AcceptedCut-OffBids ReceivedBids AcceptedCut-Offinjection(+)OutstandingDate periodNumberAmountNumberAmountRate(%)NumberAmountNumberAmountRate(%)absorptionAmount @ (Day(s)) (-) of liquidity (11-6) 1 234567891011121314Jan12, 200414227,9604227,9604.50—————-27,96027,960Jan12, 200411117,145117,1454.50—————-7,14535,105Jan13, 200413523,3003540,0804.5011,800———-23,30030,445Jan14, 200414833,0904833,0904.50—————-33,09

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmount Total Face Value Total Face ValuePDs/SDs*RBIIssuetedYieldatOutstanding     NumberCom-Non-NumberCom-Non-  (8+9+AverageCut-offas on the      petitiveCom- petitiveCom-  10+11)PricePriceDate of Issue       petitive  petitive

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmount Total Face ValueNumberTotal Face ValuePDs/SDs*RBIIssuetedYield atOutstanding NumberCom-Non- Com-Non- (8+9+AverageCut-offas on the petitiveCom- petitiveCom- 10+11)PricePriceDate of Issue petitive$ petitive$ (per cent)(FaceValue)1 2 34567891011121314152003-2004 Apr.1Apr.41,000552,210—191,000———1,00094.825.496426,126Jul.9Jul.111,000512,43029211,00029——1,02

(Rs. crore)Fortnight EndedDate123456789101112131415 Dec. 27Dec. 28Dec. 29Dec. 30Dec. 31Jan. 1Jan. 2Jan. 3Jan. 4Jan. 5Jan. 6Jan. 7Jan. 8Jan. 9Jan. 9, 200471,8061,43,5802,16,1672,82,8033,52,3374,21,6614,92,9115,65,5596,37,4037,04,3687,69,6918,39,2079,08,2279,79,309 Jan. 10Jan. 11Jan. 12Jan. 13Jan. 14Jan. 15Jan. 16Jan. 17Jan. 18Jan. 19Jan. 20Jan. 21Jan. 22Jan. 23Jan. 23, 200468,9891,37,9772,07,8642,82,3453,47,7744,16,0894,84,099 Note : Figures are the scheduled commercia

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding #the fortnight #(percent) @1 2 3 4 Jan.10, 20031,199 59 4.37 — 6.61 Apr. 4, 20031,188 25 5.25 — 7.40 Jul.11, 20032,242 44 4.45 — 6.25 Oct. 3, 20033,154 48 3.75 — 6.75 Nov.28, 20033,666 226 3.75 — 6.10 Dec.12, 20033,643 0.66 4.00 — 6.00 @ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal AmountReported duringRate of Interest Outstandingthefortnight(percent) @1 2 3 4 Jan.15, 20038,645 886 5.70 — 7.50 Apr.15, 20035,839 752 5.25 — 8.15 Jul.15, 20037,069 1,142 5.15 — 6.80 Oct.15, 20036,974 1,027 4.75 — 7.75 Dec.31, 20038,762 1,038 4.64 — 6.75 Jan.15, 20049,525 1,542 4.63 — 6.00 @ : Typical effective discount rate range per annum on issues during the fortnight.

20032004Percentage Variation over WeightJan. 4Nov.8*Jan.3#WeekMonthEndYearItems / Week ended March 1 23456789ALL COMMODITIES100.00167.5176.6177.70.60.73.16.1Primary Articles22.02172.9183.1181.20.7–0.11.74.8 (i)Fruits and Vegetables2.92169.9213.8189.31.7–7.74.011.4Fuel, Power, Light and Lubricants14.23241.3255.2262.21.52.82.38.7Manufactured Products63.75149.2156.8157.60.10.34.05.6 (i)Sugar, Khandsari and Gur3.93126.7143.3139.2–0.7–1.87.79.9 (ii)Edible Oils2.76145.3159.

20032004 Jan. 16Jan. 12Jan. 13Jan. 14Jan. 15Jan. 161 234567BSE SENSEX (1978-79=100)3373.526067.766132.976194.116063.915946.19S & P CNX NIFTY (3.11.1995=1000)1088.351945.601963.601982.151944.451900.65+ : Market closed.

(Rs. crore) Week Ended Dec. 5, 2003Dec. 12, 2003Dec. 19, 2003Dec. 26, 2003Jan. 2, 2004Jan. 9, 2004Jan. 16, 20041 23456781.Banks (a)Borrowings2,3052,3882,5702,2962,4832,5662,286 (b)Lendings2,1073,2973,7833,4234,6894,2564,2432.Primary Dealers (a)Borrowings4,3585,1845,6935,6015,9395,7255,750 (b)Lendings88801161014626513.Non-Bank Institutions (a)Lendings3,8493,4403,3043,4043,0342,8982,9254.Total (a)Borrowings6,6637,5728,2637,8978,4228,2918,036 (b)Lendings6,0446,8177,2036,

(Rs. crore) Week EndedItems Dec. 12, 2003Dec. 19, 2003Dec. 26, 2003Jan. 2, 2004Jan. 9, 2004Jan. 16, 20041 234567I.Outright Transactions (a)Govt. of India Dated Securities31,91041,84442,01347,31168,57536,023 (b)State Government Securities611990374777580654 (c)91 – Day Treasury Bills2,1541,3811,7452,2862,1961,490 (d)364 – Day Treasury Bills1,7901,3871,6074,0961,7612,163II.RBI*21——1575,021—@ : Excluding Repo Transactions.* : RBI's sales and purchases include transactions

(US$ Million) MerchantInter-bank FCY / INRFCY / FCYFCY / INRFCY / FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 1 2345678910111213 Purchases Dec.29, 2003621476236512333105413484631654222 Dec.30, 200367328810718703495414794725232114 Dec.31, 2003660380222166524109614412032419864 Jan.1, 200426370437832962272324 Jan.2, 200450731159763187218501438613512 Sales Dec.29, 200382326620130253286313478535945531 D

(Rs. crore) Week Ended Dec. 13, 2003Dec. 20, 2003Dec. 27, 2003Jan. 3, 2004Jan. 10, 2004Jan. 17, 20041234567Amount127.84200.88186.32247.80157.45296.33 Source : National Stock Exchange of India Ltd.

(Rs. crore) Jan. 16, 2004Variation in Total Treasury BillsHoldersTreasury Bills of Different MaturitiesTotalOver theOver End 14 Day91 Day364 Day(2+3+4)WeekMarch (Intermediate)(Auction)(Auction) 1234567 Reserve Bank of India—————–1,019 Banks—2,74015,68718,427–126–10,466 State Governments2,512400—2,912–15–3,482 Others1263,79810,44414,368829,214

(Devolvement/Private Placement on RBI and OMO Sales/Purchases)(Face Value in Rs. crore) Gross Amount RaisedNet Amount Raised 2003-20042002-20032002-20032003-20042002-20032002-2003 (Upto(Upto (Upto(Upto Jan. 16, 2004)Jan. 17, 2003) Jan. 16, 2004)Jan. 17, 2003) 12345671. Total1,23,934*$1,12,0001,25,00091,81684,58097,580of which : 1.1 Devolvement/Private Placement on RBI14,500$23,17536,175 2. RBI's OMO Sales41,69553,62653,780 Purchases——— * : Includes Rs.14,434 crore rep

(Amount in Rs. crore)   For the Week Ended Jan. 9, 2004For the Week Ended Jan. 16, 2004Item AmountYTM (%PA) Indicative**AmountYTM (%PA) Indicative**    MinimumMaximum MinimumMaximum1  234567            I.Outright Transactions         1.Govt. of India Dated Securities       &nb