(Rs. crore)Item19981999Varmiation over Jun. 26Jun. 18Jun. 25WeekYear123456Notes in circulation1,57,6381,87,6001,84,801-2,79927,163 Notes issued1,57,6841,87,6341,84,827-2,80727,143 Notes held in Banking Department473426-8-21Deposits : Central Government51101101—50 State Governments142728114 Scheduled Commercial Banks61,75760,65370,5579,9048,800 Scheduled State Co-operative Banks8097458207511 Other Banks1,0561,2531,411158355 Others6,2487,3007,098-202850Other liabilities

Variation over As on July 2, 1999WeekEnd- March 1999End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011 Total Reserves1,43,18733,009-608-1675,18251915,3332,95328,1415,943of which : (a) Foreign Currency Assets1,31,45430,303-89-136,04278116,7613,34529,2746,266 (b) Gold11,7322,706-519-154-827-254-1,076-309-1,094-314 (c) SDRs1———-33-8-352-83-39-9Note :1. Foreign currency assets expressed in US dollar term

(Rs. crore) Outstanding as onVariation overItem1999 Financial year so far Jun. 25#Month1998-991999-2000Year123456Liabilities to the Banking System Demand and time deposits from banks31,560-704362-7007,515 Borrowings from Banks(1)12,052-1,6661,9224292,970 Other demand and time liabilities(2)1,084-114-773394412Liabilities to Others Aggregate deposits7,29,417@-66118,53412,1461,05,473 (-0.1)(3.1)(1.7)(16.9) Demand1,06,819-1,874-3,931-6,6618,237 Time6,22,598@1,21322,46518,

(Per cent per annum) 19981999Item / week endedJun. 26May 28Jun. 4Jun. 11Jun. 18Jun. 251234567Bank Rate9.008.008.008.008.008.00I.D.B.I.114.0013.5013.5013.5013.5013.50Prime Lending Rate212.75-13.0012.00-12.5012.00-12.5012.00-12.5012.00-12.5012.00Deposit Rate39.00-12.008.00-10.508.00-10.508.00-10.508.00-10.508.00-10.50Call Money Rate (Low / High)47.00/9.007.85/9.256.75/ 9.157.85/8.757.00/9.008.00/9.001. Medium Term Lending Rate (MTLR).2. Prime Lending Rate relates to fiv

(Rs. crore) 1999-20001998-99 OutstandingVariationsOutstandingVariations as on(3) - (2)as on(6) - (5) Item19991999 19981998 Mar. 26Jun. 18 Mar. 27Jun. 19 1 2345671.Bank Credit3,66,0033,66,1201163,24,0793,18,831-5,247 (—) (-1.6) A.Food Credit16,81622,2215,40512,48516,8284,343 B.Non-Food Credit3,49,1873,43,898-5,2893,11,5943,02,003-9,590 (-1.5) (-3.1) 2.Investments48,78650,169 @@1,38331,86434,903+3,039 A.Commercial Paper3,9375,0981,1611,9693,7371,768 B.Bonds/Debentures/P

Foreign 1998 1999 1998 1999 Currency Jul. 3Jun. 28Jun. 29Jun. 30Jul. 1Jul. 2Jul. 3Jun. 28Jun. 29Jun. 30Jul. 1Jul. 21234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100@ 42.490043.360043.360043.360043.380043.3800 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying42.475043.350043.360043.350043.375043.37002.35352.30632.30632.30632.30522.3052DollarSelling42.495043.360043.370043.360043.385043.3800 P

(Rs. crore) OutstandingVariation over as on Item Financial year so far 1999Fortnight1998-991999-2000Year Mar. 31#Jun. 18#Amount%Amount%Amount%Amount% 1234567891011M3 9,74,32810,19,2329,9261.034,6574.244,9044.61,57,36618.3 Components (i+ii+iii+iv) (i)Currency with the Public1,70,1191,85,142-601-0.312,1138.315,0238.827,02517.1(ii)Demand deposits with banks1,30,2671,33,3488,1496.5-4,849-4.13,0812.420,26017.9(iii)Time deposits with banks6,70,1306,95,619@98—26,5924.825,489

(Rs. crore) Outstanding Variation over as on Item Financial year so far 1999Week1998-991999-2000 Year Mar. 31#Jun. 25#Amount%Amount%Amount%Amount% 1234567891011Reserve Money2,59,2202,66,3577,1382.82,4061.17,1372.837,54916.4 Components (i+ii+iii) (i)Currency in circulation1,75,7051,88,647-2,799-1.510,0646.712,9427.427,52717.1 of which : cash with banks5,586.. (ii)Bankers' deposits with RBI79,70372,78910,13916.2-8,183-11.4-6,915-8.79,16614.4 (iii)"Other" deposits with R

(Rs. crore)Date of AuctionDate of IssueNotified AmountCompetitive Bids Accepted (Face Value)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 2345678910 Jul.3, '98Jul.4, '98100100——10099.775.9938600 Oct.9, '98Oct.10, '98500500——50099.678.8702900 Jan.1, '99Jan.2, '99100100——10099.65

(Rs. crore)Date of AuctionDate of IssueNotified AmountCompetitive Bids Accepted (Face Value)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 2345 678910Jul.3, '98Jul.4, '981002080 5015098.207.33203,460Oct.9, '98Oct.10, '98500382118 4054097.579.96216,151Jan.1, '99Jan.2, '99100100—

(Rs. crore)Date of AuctionDate of IssueNotified AmountCompetitive Bids Accepted (Face Value)Devolvement on 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) 12345678910May26, '99May27, '99100100——10095.389.7096100Jun.9, '99Jun.10, '99100100——10095.369.7315200Jun.23, '99Jun.24, '99100100——10095.309.9738300

(Rs. crore)Date of AuctionDate of IssueNotified AmountCompetitive Bids Accepted (Face Value)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 23456789 10 Jul.1, '98Jul.3, '98100—100—10092.617.9797 10,153 @Oct.7, '98Oct.9, '98400400——40090.3610.7174 5,827 Jan.13, '99Jan.15, '9975075

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding#the fortnight #(Per cent)@1 23 4 Jul.17, 1998 7,287807 8.00 — 12.50 Oct.9, 1998 6,132786 7.75 — 13.50 Jan.1, 1999 3,667621 8.00 — 17.35 Apr.9, 1999 3,49467 7.00 — 12.50 Apr.23, 1999 3,42115 7.00 — 11.75 May7, 1999 3,364378 8.00 — 13.00 @ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal AmountReported duringRate of Interest Outstandingthe fortnight(Per cent)@1 234Jul.15, 19983,912772 8.20 — 13.50Oct.15, 19984,8031,101 9.50 — 13.40Jan.15, 19995,4111,215 9.75 — 13.00Apr.15, 19995,0291,386 9.15 — 12.00Jun.15, 19997,3631,278 9.10 — 12.50Jun.30, 19997,679987 9.30 — 12.38@ :Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation overItem / Week endedWeightJun. 20Apr. 24*Jun. 19#WeekMonthEndYear March 123456789ALL COMMODITIES100.00348.4356.4357.20.1-0.11.12.5Primary Articles32.30371.8383.8381.9-0.1-1.01.92.7(i)Fruits and Vegetables4.09503.6461.2413.8-0.7-8.10.8-17.8Fuel, Power, Light and Lubricants10.66380.2390.5394.51.01.01.03.8Manufactured Products57.04329.2334.5336.2—0.20.62.1(i)Sugar, Khandsari and Gur4.06318.4295.9305.5-0.1-0.86.0-4.1(ii)Edible Oils2.45330.534

19981999 Jul. 2Jun. 28Jun. 29Jun. 30Jul. 1Jul. 21234567BSE SENSEX (1978-79=100)3,180.734,158.674,170.834,140.734,144.524,194.55S & P CNX NIFTY (3.11.1995=1000)919.901,192.201,191.301,187.701,183.201,197.85Note : NSE - 50, i.e. Nifty has since been rechristened as 'S & P CNX Nifty' with effect from July 28, 1998.

(Rs. crore) Fortnight Ended Jan. 29, '99Feb. 12, '99Feb. 26, '99Mar. 12, '99Mar. 26, '99Apr. 9, '99Apr. 23, '991 23456781.Banks a)Borrowing10,20610,69610,00611,35112,05612,14311,612 b)Lending7,0777,1916,6987,0477,7179,6919,6592.Primary Dealers a)Borrowing5,8845,5464,6663,7054,5444,5984,802 b)Lending1,8941,6341,6031,6792,2111,6681,6773.Non-Bank Institutions a)Lending5,2595,7505,6625,9506,4814,2143,949

(Rs. crore) Week EndedItemsMay 28, '99Jun. 4, '99Jun. 11, '99Jun. 18, '99Jun. 25, '99Jul. 2, '99 1234567I. Outright Transactions a.Govt. of India Dated Securities21,41816,03815,6128,51910,0615,172b.State Goverment Securities524245889842118c.14 - Day Treasury Bills304280277324194163d.91 - Day Treasury Bills137552222169139262e.182 - Day Treasury Bills—184—101158f.364 - Day Treasury Bills1,1611,3571,112844367468II. RBI*2,8062,86189237397@ : Excluding Repo Transactions.*

(US$ Million) MerchantInter-bank FCY/INRFCY/FCYFCY/ INRFCY/FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 12345678910111213Purchases Jun.21, 199920039262432514083234638519744 Jun.22, 199918949393116204703578829518217 Jun.23, 199928246461334116456287424518632 Jun.24, 199920544752446225535066731421925 Jun.25, 1999242641235646567831,0205445831849 Sales Jun.21, 199925078121532403653063439618544 Jun.22, 19

(Rs. crore) Week Ended May 29, '99Jun. 5, '99Jun. 12, '99Jun. 19, '99Jun. 26, '99Jul. 3, '991234567Amount1.221.1425.7912.6016.799.06 Source: National Stock Exchange of India Ltd.

19981999ItemAs on FridayJul. 3Jun. 4Jun. 11Jun. 18Jun. 25Jul. 212345678Standard GoldOpening4,2904,1604,0604,0604,1204,150(Rs. per 10 grams) Closing4,2854,1604,0604,1004,1204,150 Silver (999.0 fineness)Opening8,0057,6557,8557,8457,9658,125(Rs. per kilogram) Closing8,0007,6107,8507,8607,9408,145Note : In case Friday is a holiday, prices relate to the preceding working day.Source : Bombay Bullion Association Ltd.

(Rs. crore)HoldersJuly 2, 1999Variation in Total Treasury Bills Treasury Bills of Different MaturitiesTotalOver theOver End 14 Day14 Day91 Day182 Day364 Day(2+3+4+WeekMarch (Auction)(Intermediate)(Auction)(Auction)(Auction)5+6) 123456789Reserve Bank of India——281—1,1791,460463646 Banks181—5401059,44310,2701011,670 State Governments9003,7282,075——6,70340399 Others193856041952,3783,580-169-374

(Devolvement/ Private Placement on RBI and OMO Sales/ Purchases)(Face Value in Rs. crore) Gross Amount RaisedNet Amount Raised 1999-20001998-991998-991999-20001998-991998-99 (Upto(Upto (Upto(Upto July 2, 1999)July 3, 1998) July 2, 1999)July 3, 1998) 1234561. Total41,63040,53083,75334,90336,04468,950 of which : 1.1Devolvement/Private Placement on RBI21,00015,77238,205 2.RBI's OMO Sales18,56226226,348 Purchases———

(Amount in Rs. crore) For the Week Ended June 25, 1999For the Week Ended July 2, 1999ItemsAmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 234 567I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1999-20006010.123010.3316 898.710610.4080 2000-0180710.284511.1518 48610.331510.8409 2001-0242110.836511.9967 22110.848011.0734 2002-03 $32010.757811.1298 15110.748311.1053 2003-0452711.075011.3061 33610.922311.