(Rs. crore)Item19992000Variation Jul. 23Jul. 14 Jul. 21#WeekYear123 456Notes in circulation1,82,1102,04,4472,01,283-3,16419,173Notes issued1,82,1352,04,4932,01,309-3,18419,174Notes held in Banking Department2546 26-201Deposits : Central Government101101 101——State Governments3441 41—7Scheduled Commercial Banks70,64563,034 67,5144,480-3,131Scheduled State Co-operative Banks764753 8035039Other Banks1,4022,181 2,26483862Others11,45016,203 16,068-1354,618Other liabilities

Variation over ItemAs on Jul. 21, 2000WeekEnd- March 2000End- December 1999Year Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn. 1234567891011Total Reserves1,63,25836,285-250-287-2,655-1,75111,3151,35019,1512,979of which : (a) Foreign Currency Assets1,50,04833,329-250-287*-2,876-1,72910,9141,33717,7092,737 (b) Gold13,1732,948——200-2638291,441242 (c) SDRs378——2141941—*Foreign currency assets expressed in US dollar terms include the effec

(Rs. crore) Outstanding as onVariation overItem 2000 Financial year so farYear-on-year Jul. 14# Fortnight 1999-20002000-2001199920001 23 4 567Liabilities to the Banking System Demand and time deposits from Banks38,902334 -925 2,1916,4767,417Borrowings from Banks(1) 14,526-579 -172-1,7403,5372,626Other demand and time liabilities(2) 886-256 32 25253131Liabilities to Others Aggregate deposits 8,50,459 @35 21,89837,1151,17,2501,14,537 (—) (3.1) (4.6)(19.0)(15.6) [3.1] [4

(per cent per annum) 1999 2000 Item / week endedJul. 16Jun. 9Jun. 16Jun. 23Jun. 30Jul. 7Jul. 141 2345678Bank Rate 8.007.007.007.007.007.007.00I.D.B.I.(1) 13.5013.5013.5013.5013.5013.5013.50Prime Lending Rate(2) 12.0011.25-11.7511.25-11.7511.25-11.7511.25-11.7511.25-11.7511.25-11.75Deposit Rate(3)8.00-10.508.00-9.508.00-9.508.00-9.508.00-9.508.00-9.508.00-9.50Call Money Rate (Low / High)(4) - Borrowings8.00 / 9.256.50 / 11.308.00 / 32.009.00 / 35.005.00 / 13.905.90 / 1

(Rs. crore) 2000 - 20011999 - 2000 OutstandingVariationsOutstandingVariations as on(3) - (2)as on(6) - (5) Item2000 1999 Mar. 24Jul. 14 Mar. 26Jul. 16 1 2345671.Bank Credit4,35,9584,57,18121,2233,68,8373,72,3893,552 (4.9) (1.0) A.Food Credit25,69132,8737,18216,81622,6975,881 B.Non-Food Credit4,10,2674,24,30814,0413,52,0213,49,692-2,329 (3.4) (-0.7) 2.Investments £60,84264,441 @3,59948,44651,632 +3,187 A.Commercial Paper5,0666,5911,5254,0066,1102,104 B.Bonds/Debentures

Foreign 1999 2000 1999 2000 Currency Jul. 23Jul. 17Jul. 18Jul. 19Jul. 20Jul. 21Jul. 23Jul. 17Jul. 18Jul. 19Jul. 20Jul. 211234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100 @ 43.260044.710044.740044.780044.820045.0200 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying43.255044.705044.730044.780044.810045.01002.31162.23662.23512.23312.23112.2212DollarSelling43.265044.715044.740044.790044.820045

(Rs. crore) Outstanding as on Variation over Financial year so farYear-on-year 19992000Fortnight1999-20002000-200119992000 Item Mar. 31Mar. 31#Jun. 30#Amount%Amount%Amount%Amount%Amount% 1 234567891011121314M 3 9,81,02011,17,20211,69,2628,1760.733,719*3.452,0614.71,57,659*18.41,54,524*15.2 (3.5) (4.7)(16.3)(15.5) Components (i+ii+iii+iv) (i)Currency with the Public 1,68,9441,88,7051,97,627-5,880-2.913,5238.08,9224.726,33916.915,1608.3(ii)Demand deposits with banks 1,3

(Rs. crore) OutstandingVariation over as on Financial year so far 2000Week1999-20002000-2001Year ItemMar. 31#Jul. 21#Amount%Amount%Amount%Amount%1234567891011Reserve Money2,80,3142,80,2801,3120.54,1741.6-33—16,7616.4 Components (i+ii+iii) (i)Currency in circulation1,96,7452,05,552-3,164-1.510,2845.88,8074.519,42110.4 (ii)Bankers' deposits with RBI80,46070,5804,6117.0-6,893-8.6-9,880-12.3-2,231-3.1 (iii)"Other" deposits with RBI3,1094,149-135 783 1,040 -429 Sources (i+

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmountNumberTotal Face ValueNumberTotal Face ValuePDs/SDs*RBIIssuetedYield atOutstanding Com-Non- Com-Non- (8+9+AverageCut-offas on the petitiveCom- petitiveCom- 10+11)PricePriceDate of Issue petitive petitive (per cent)(Face Value)1 2 34567891011121314151999-2000 Jan.7Jan.81001912515016100150——25099.688.60843502000-2001 Apr.7Apr.10100232870.2071000.20——10099.

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmountNumberTotal Face ValueNumberTotal Face ValuePDs/SDs*RBIIssuetedYield atOutstanding Com-Non- Com-Non- (8+9+AverageCut-offas on the petitiveCom- petitiveCom- 10+11)PricePriceDateofIssue petitive petitive (per cent)(Face Value)1 2 345 67891011121314151999-2000 Jan.7Jan.810016137 —11100———10097.749.24901,3752000-2001 Apr.7Apr.1010024172 251110025——12598.047.

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolve-TotalWeigh-ImplicitAmountAuctionIssueAmountNumberTotal Face ValueNumberTotal Face ValuementIssuetedYield atOutstanding Com-Non- Com-Non-on(8+9+10)AverageCut-offas on the petitiveCom- petitiveCom-RBI PricePriceDate of Issue petitive petitive (per cent)(Face Value) 12 345 6789 10111213141999-2000 Jan.5Jan.610027337 —9100— —10095.359.81961,9002000-2001 Apr.11Apr.1310021207 —9100— —10095.948.52881,300Jul.5

(Rs. crore)Date ofDate ofNotifiedBids ReceivedBids AcceptedDevolvement onTotalWeigh-ImplicitAmountAuctionIssueAmountNumberTotal Face ValueNumberTotal Face ValuePDs/SDs*RBIIssuetedYield atOutstanding Com- Non- Com-Non- (8+9+AverageCut-offas on the petitiveCom- petitiveCom- 10+11)PricePriceDate of Issue petitive$ petitive$ (per cent)(Face Value)1 2 345 6789 1011121314151999-2000 Oct.6Oct.750020573 —3110— —39050090.6410.326614,300Jan.12Jan.13500491,377 —15500— ——50090.80

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding #the for tnight #(per cent)@1 2 3 4Jul.2, 1999 2,111 30 6.25 — 11.50Oct.8, 1999 1,868 101 6.75 — 11.00Jan.14, 2000 1,401 80 8.50 — 11.00Apr.7, 2000 1,264 123 6.50 — 14.00May19, 2000 945 109 8.00 — 11.70Jun.2, 2000 933 35 8.00 — 11.16@ : Effective interest rate range per annum.

(Rs. crore)Fortnight ended Total AmountRepor ted during Rate of Interest Outstandingthe for tnight (per cent)@1 23 4Jul.15, 1999 6,311754 9.30 — 12.00Oct.15, 1999 6,6891,104 9.91 — 11.75Jan.15, 2000 7,7471,092 9.05 — 11.65Apr.15, 2000 5,6341,127 9.58 — 12.25Jun.30, 2000 7,627690 9.25 — 11.75Jul.15, 2000 7,127816 9.35 — 11.85@ :Typical effective discount rate range per annum on issues during the fortnight.

19992000 Percentage Variation overItem / Week ended WeightJul. 10May 13*Jul. 8#WeekMonthEndYear March 1 23456789ALL COMMODITIES 100.00143.7151.7152.2 0.95.9Primary Articles 22.02157.9162.1163.90.4-0.23.03.8(i) Fruits and Vegetables2.92146.6147.9152.51.8-7.26.24.0Fuel, Power, Light and Lubricants14.23153.4193.6194.5 0.626.8Manufactured Products 63.75136.7138.7138.7-0.10.10.11.5(i) Sugar, Khandsari and Gur3.93154.5157.3152.7-2.2-4.7-3.5-1.2(ii) Edible Oils 2.76121.6102.

1999 2000 Jul. 21Jul. 17Jul. 18Jul. 19Jul. 20Jul. 211 234567BSE SENSEX (1978-79=100)4,659.594,747.324,734.804,616.014,575.674,463.66S & P CNX NIFTY (3.11.1995=1000)1,340.151,479.651,463.101,435.801,424.201,397.25

(Rs. crore) Week Ended Jun. 9, 2000Jun. 16, 2000Jun. 23, 2000Jun. 30, 2000Jul. 7, 2000Jul. 14, 2000Jul. 21, 20001 23456781.Banks (a)Borrowings10,6619,3869,6979,40612,3237,76311,214 (b)Lendings7,9276,9235,3855,1737,8415,5897,3582.Primary Dealers (a)Borrowings6,0525,7154,7245,6817,4785,8885,780 (b)Lendings1,9311,8321,4042,2292,8551,5332,1173.Non-Bank Institutions (a)Lendings3,1562,6363,4543,7465,3903,2453,8274.Total (a)Borrowings16,71315,10114,42115,08719,80113,65116,99

(Rs. crore) Week EndedItem / Week ended Jun. 16, 2000Jun. 23, 2000Jun. 30, 2000Jul. 7, 2000Jul. 14, 2000Jul. 21, 20001 23 4 567I. Outright Transactions (a)Govt. of India Dated Securities7,3719,9908,729 20,08313,54219,111(b)State Government Securities205 8 1443731(c)14 - Day Treasury Bills86 16897233(d)91 - Day Treasury Bills75210 70 271238204(e)182 - Day Treasury Bills106126 98 192143110(f)364 - Day Treasury Bills476382330 3,257612665II. RBI* 8 0.29 1,437456539@ : Exc

(US$ Million) MerchantInter-bank FCY/ INRFCY/ FCYFCY / INRFCY/FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 12345678910111213Purchases Jul.10, 200036643261130205978809151121523 Jul.11, 20002524091930943710187042024821 Jul.12, 20001792910158711369312972924520 Jul.13, 20002375021935252441851331833517 Jul.14, 200035451138272596499968042730036 Sales Jul.10, 2000302136151528225437148052121531 Jul.11, 2000

(Rs. crore) Week Ended Jun. 17, 2000Jun. 24, 2000Jul. 1, 2000Jul. 8, 2000Jul. 15, 2000Jul. 22, 20001234567Amount0.010.020.015.5312.2012.42 Source : National Stock Exchange of India Ltd.

19992000ItemAs on FridayJul. 23Jun. 23Jun. 30Jul. 7Jul. 14Jul. 2112345678Standard GoldOpening4,0204,5754,5804,5504,5104,515(Rs. per 10 grams) Closing4,0204,5604,5704,5504,5104,520 Silver (999.0 fineness)Opening7,9357,9157,9857,9857,9708,020(Rs. per kilogram) Closing7,9407,9407,9807,9707,9758,015Note : In case Friday is a holiday, prices relate to the preceding working day. Source : Bombay Bullion Association Ltd.

(Rs. crore) Jul. 21, 2000Variation in Total Treasury BillsHolders Treasury Bills of Different MaturitiesTotalOver theOver End 14 Day14 Day91 Day182 Day 364 Day(2+3+4+WeekMarch (Auction)(Intermediate)(Auction)(Auction) (Auction)5+6) 1 2345 67 89Reserve Bank of India——424351 5,0465,820 —-979 Banks 28—542522 6,7647,856 761,321 State Governments 2001,013—— —1,213 -391-1,205 Others 17252664428 1,1902,506 -68-272

(Devolvement / Private Placement on RBI and OMO Sales/ Purchases)(Face Value in Rs. crore) Gross Amount RaisedNet Amount Raised 2000-20011999-2000 1999-20002000-20011999-20001999-2000 (Upto(Upto (Upto(Upto Jul. 21, 2000)Jul. 23, 1999) Jul. 21, 2000)Jul. 23, 1999) 1 23 4 567 1. Total 42,18346,630 86,630 31,58039,83170,276of which : 1.1 Devolvement/Private Placement on RBI9,96123,500 27,000 2. RBI's OMO Sales3,27518,620 36,613 Purchases—50 1,244

(Amount in Rs. crore) For the Week Ended Jul. 14, 2000For the Week Ended Jul. 21, 2000ItemAmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 23 4567I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 2000-01 1677.5359 9.62231807.683010.1766 2001-02 3859.4384 9.89053189.40609.7824 2002-03 $ 8969.6327 9.71221,1189.542311.5028 2003-04 5889.550711.79287469.768311.7154 2004-05 27010.010810.12162509.979910.4222 20