(Rs. crore) 19981999Variation over Item Jun. 5May 28Jun. 4WeekYear 123456Notes in circulation1,63,2561,85,2901,87,9772,68724,721 Notes issued1,63,2981,85,3331,88,0062,67324,708 Notes held in Banking Department424429-15-13Deposits : Central Government50101101—51 State Governments142534920 Scheduled Commercial Banks55,39071,76364,670-7,0939,280 Scheduled State Co-operative Banks556748652-9696 Other Banks1,0391,2901,31727278 Others4,4575,0935,020-73563Other liabilities57

Variation over As on June 11, 1999WeekEnd- March 1999End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn. Rs. CroreUS$ Mn.1234567891011Total Reserves1,44,14233,489609566,13799916,2883,43328,6705,919of which : (a) Foreign Currency Assets1,31,89030,629609566,4781,10717,1973,67129,7706,275 (b) Gold12,2512,860——-308-100-557-155-605-238 (c) SDRs1———-33-8-352-83-495-118Note: 1. Foreign currency assets expressed in US dollar terms includ

(Rs. crore) Outstanding as onVariation overItem1999 Financial year so far Jun. 4#Fortnight1998-991999-2000Year123456Liabilities to the Banking System Demand and time deposits from banks32,130-65-56-1308,503 Borrowings from Banks(1)10,819-185-1,288-8054,947 Other demand and time liabilities(2)1,074217-968384597Liabilities to Others Aggregate deposits7,31,449@3,10411,36414,1781,14,675 (0.4)(1.9)(2.0)(18.6) Demand1,07,392-1,177-6,915-6,08811,794 Time6,24,057@4,28118,2792

(Per cent per annum) 19981999Item / week endedJun. 5May 7May 14May 21May 28Jun. 41234567Bank Rate9.008.008.008.008.008.00I.D.B.I.114.0013.5013.5013.5013.5013.50Prime Lending Rate212.75-13.0012.00-12.5012.00-12.5012.00-12.5012.00-12.5012.00-12.50Deposit Rate39.00-12.008.00-10.508.00-10.508.00-10.508.00-10.508.00-10.50Call Money Rate (Low / High)42.50/6.257.90/11.008.50/11.007.00/11.107.85/9.256.75/ 9.151. Medium Term Lending Rate (MTLR).2. Prime Lending Rate relates to

(Rs. crore) 1999-20001998-99 OutstandingVariationsOutstandingVariations as on(3) - (2)as on(6) - (5) Item19991999 19981998 Mar. 26Jun. 4 Mar. 27Jun. 5 1 2345671.Bank Credit3,66,0033,65,715-2883,24,0793,19,670-4,409 (-0.1) (-1.4) A.Food Credit16,81622,4195,60312,48516,3893,904 B.Non-Food Credit3,49,1873,43,296-5,8913,11,5943,03,281-8,313 (-1.7) (-2.7) 2.Investments £48,451 49,584@@ 1,13331,86434,328+2,464 A.Commercial Paper4,0624,5544921,9693,5101,541 B.Bonds/Debenture

Foreign 1998 1999 1998 1999 Currency Jun. 12Jun. 7Jun. 8Jun. 9Jun. 10Jun. 11Jun. 12Jun. 7Jun. 8Jun. 9Jun. 10Jun. 111234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100@ 41.960043.010042.980043.050043.020043.0600 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying41.940043.000042.970043.040043.010043.05002.38322.32502.32672.32292.32452.3223DollarSelling41.970043.010042.980043.050043.020043.0600 P

(Rs. crore) OutstandingVariation over as on Item Financial year so far 1999Fortnight1998-991999-2000Year Mar. 31#May 21#Amount%Amount%Amount%Amount% 1234567891011M3 9,74,32810,00,6571,6710.221,9662.726,3292.71,51,48217.8 Components (i+ii+iii+iv) (i)Currency with the Public1,70,1191,85,329-340-0.213,4839.215,2108.925,84216.2(ii)Demand deposits with banks1,30,2671,25,5181330.1-6,066-5.1-4,749-3.613,64812.2(iii)Time deposits with banks6,70,1306,86,788@1,9210.315,6132.816

(Rs. crore) Outstanding Variation over as on Item Financial year so far 1999Week1998-991999-2000Year Mar. 31#Jun. 4#Amount%Amount%Amount%Amount% 1234567891011Reserve Money2,59,2202,61,155-4,548-1.7-202-0.11,9350.734,95515.5 Components (i+ii+iii) (i)Currency in circulation1,75,7051,91,6822,6871.415,63810.415,9779.124,98815.0 of which : cash with banks5,5864,285 * (ii)Bankers' deposits with RBI79,70366,639-7,163-9.7-14,821-20.6-13,065-16.49,65416.9 (iii)"Other" deposits

(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 Price (Face Value)Implicit Yield at Cut-off Price (Face Value)Amount Outstanding as on the Date of Issue (Face Value) 1 2345678910Jul.3, '98Jul.4, '98100100——10099.775.9938600Oct.9, '98Oct.10, '98500500——50099.678.8702900Jan.1, '99Jan.2, '99100100

(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 Price (Face Value)Implicit Yield at Cut-off Price (Face Value)Amount Outstanding as on the Date of Issue (Face Value) 1 2345678910Jul.3, '98Jul.4, '9810020 80 50 15098.207.33203,460Oct.9, '98Oct.10, '98500382 118 40 54097.579.96216,151Jan.1, '99Ja

(Rs. crore)Date ofDate ofNotifiedCompetitiveDevolvementNon-Compe-TotalWeightedImplicit YieldAmount Outstan-AuctionIssueAmountBidsontitive BidsIssueAverageat Cut-offding as on the AcceptedRBIAccepted(4+5+6)PricePriceDate of Issue (Face Value)(Face Value)(Face Value)(Face Value) (per cent)(Face Value) 12345678910May26, '99May 27, '99100100——10095.389.7096100Jun.9, '99Jun. 10, '99100100——10095.369.7315200

(Rs. crore)Date ofDate ofNotifiedCompetitiveDevolvementNon-Compe-TotalWeightedImplicit YieldAmount Outstan-AuctionIssueAmountBidson PDs andtitive BidsIssueAverageat Cut-offding as on the AcceptedRBI*Accepted(4+5+6)PricePriceDate of Issue (Face Value)(Face Value)(Face Value)(Face Value) (per cent)(Face Value) 1 2345678910Jul.1, '98Jul.3, '98100—100—10092.617.979710,153@Oct.7, '98Oct.9, '98400400——40090.3610.71745,827 Jan.13, '99Jan.15, '99750750——75090.5210.49726,519 A

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding #the for tnight #(Per cent)@1 234Apr.10, 199814,584 627 8.25 — 24.00Jul.17, 19987,287 807 8.00 — 12.50Oct.9, 19986,132 786 7.75 — 13.50Jan.1, 19993,667 621 8.00 — 17.35Apr.9, 19993,494 67 7.00 — 12.50Apr.23, 19993,421 15 7.00 — 11.75@ :Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal AmountReported duringRate of Interest Outstandingthe fortnight(Per cent)@1 23 4Jul.15, 1998 3,912772 8.20 — 13.50Oct.15, 1998 4,8031,101 9.50 — 13.40Jan.15, 1999 5,4111,215 9.75 — 13.00Apr.15, 1999 5,0291,386 9.15 — 12.00May15, 1999 6,5901,634 9.33 — 12.50May31, 1999 6,899998 9.00 — 12.50@ : Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation overItem / Week endedWeightMay 30Apr. 3*May 29#WeekMonthEndYear March 123456789ALL COMMODITIES100.00344.6354.8357.90.10.61.33.9Primary Articles32.30363.8379.5385.7—1.32.96.0(i)Fruits and Vegetables4.09477.1445.8452.50.5-1.010.2-5.2Fuel, Power, Light and Lubricants10.66380.4390.5390.5———2.7Manufactured Products57.04327.0334.2336.00.10.30.52.8(i)Sugar, Khandsari and Gur4.06312.1288.2303.7-1.41.55.4-2.7(ii)Edible Oils2.45322.0352.6340.00.2-2.

1998 1999 Jun. 11Jun. 7Jun. 8Jun. 9Jun. 10Jun. 111234567BSE SENSEX (1978-79=100)3,335.764,035.324,066.824,041.894,056.473,969.36S & P CNX NIFTY (3.11.1995=1000)961.351,156.651,178.951,163.201,162.601,141.90Note : 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 Ended Items May 7, '99May 14, '99May 21, '99May 28, '99Jun. 4, '99Jun. 11, '99 1234567I .Outright Transactions a.Govt. of India Dated Securities17,75212,5689,70221,41816,03815,612 b.State Goverment Securities85549929552424588 c.14 - Day Treasury Bills229258124304280277 d.91 - Day Treasury Bills160235250137552222 e.182 - Day Treasury Bills————184 f.364 - Day Treasury Bills5403776811,1611,3571,112II.RBI*4,365617—2,8062,861892@ : Excluding Repo Transacti

(US$ Million) MerchantInter-bank FCY/INRFCY/FCYFCY/INRFCY/FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwap Forward Cancel- Cancel- Position Date lation lation 12345678910111213Purchases May31, 19991964434141715497517801366615 Jun.1, 19991325230181764666329223616517 Jun.2, 19991675039223593904902231215620 Jun.3, 199923444313521183674835936511836 Jun.4, 199918650184312353816415227011223 Sales May31, 19991841031792811509416771515412 Jun.1, 1999171674816345

(Rs. crore) Week Ended May 8, '99May 15, '99May 22, '99May 29, '99Jun. 5, '99Jun. 12, '991234567Amount60.171.697.411.221.1425.79Source: National Stock Exchange of India Ltd.

19981999ItemAs on FridayJun. 12May 14May 21May 28Jun. 4Jun. 1112345678Standard GoldOpening4,1454,3204,2804,2504,1604,060(Rs. per 10 grams) Closing4,1654,3104,2854,2504,1604,060 Silver (999.0 fineness)Opening7,6508,4058,1757,7807,6557,855(Rs. per kilogram) Closing7,6758,3808,1857,7557,6107,850Note : In case Friday is a holiday, prices relate to the preceding working day.Source : Bombay Bullion Association Ltd.

(Rs. crore)HoldersJune 11, 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 India22—321—490833519 Banks130—581119,1899,910941,312 State Governments1505,6851,175——7,010--850407 Others484085491892,5213,716--18882

(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 June 11, 1999)June 12, 1998) June 11, 1999)June 12, 1998) 1234561.Total32,00030,00083,75325,27325,51368,950 of which : 1.1Devolvement/Private Placement on RBI21,00014,00038,205 2.RBI's OMO Sales18,56126126,348 Purchases———

(Amount in Rs. crore) For the Week Ended June 4, 1999 For the Week Ended June 11, 1999Items AmountYTM (%PA) Indicative AmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 234 567I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1999-2000 1836.530310.5751 1279.907010.3777 2000-01 41810.000511.0286 89510.171410.9318 2001-02 38110.824713.5460 72210.839611.7284 2002-03 $ 7710.953511.1377 30010.963011.1349 2003-04 80011.140511.7210 65911