(Rs. crore) 19992000VariationItemMar. 5Feb. 25 Mar. 3#WeekYear123 456Notes in circulation1,73,7121,93,7471,95,6581,91121,946Notes issued1,73,7421,93,7731,95,6971,92421,955Notes held in Banking Department3026 39139Deposits : Central Government50101 101—51State Governments1141 1096898Scheduled Commercial Banks70,29863,097 68,0414,944-2,257Scheduled State Co-operative Banks739761 8236284Other Banks1,1531,644 1,68238529Others5,1015,107 5,016-91-85Other liabilities66,88772

Variation over ItemAs on March 3, 2000WeekEnd- March 1999End- December 1999Year Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011Total Reserves1,56,92236,0061,61641118,9173,5164,9791,07125,7535,162of which : (a) Foreign Currency Assets1,43,37032,89893325217,9583,3764,23690624,8595,033 (b) Gold13,5373,104684159978144746165913133 (c) SDRs164——-18-4-3—-18-4Note:1. Foreign currency assets expressed in US dollar terms include the

(Rs. crore) Outstanding Variation over as on Item 2000 Financial year so farYear-on-year Feb. 25#Fortnight1998-991999-2000199920001 234 567 Liabilities to the Banking System Demand and time deposits from banks36,6602886,229 4,2498,8206,748Borrowings from Banks(1) 12,071-5856,048 -16,920-1,137Other demand and time liabilities(2) 932139-802 209-1,028288Liabilities to Others Aggregate deposits 8,05,759 @9,13490,930 91,7341,15,9991,16,345 (1.1)(15.2) (12.8)(20.2)(16.9) [1

(per cent per annum) 1999 2000 Item / week endedFeb. 26Jan. 28Feb. 4Feb. 11Feb. 18Feb. 251234567Bank Rate9.008.008.008.008.008.00I.D.B.I.114.0013.5013.5013.5013.5013.50Prime Lending Rate212.75-13.0012.00-12.5012.00-12.5012.00-12.5012.00-12.5012.00-12.50Deposit Rate39.00-11.508.00-10.508.00-10.508.00-10.508.00-10.508.00-10.50Call Money Rate (Low / High)47.15/9.757.25/9.507.90/8.607.95/20.009.00/25.007.90/17.501. Medium Term Lending Rate (MTLR).2. Prime Lending Rate rel

(Rs. crore) 1999-20001998-99 OutstandingVariationsOutstandingVariations as on(3) - (2)as on(6) - (5) Item 19992000 19981999 Mar. 26Feb. 25 Mar. 27Feb. 26 1 23456 7 1.Bank Credit 3,68,8374,23,93755,1003,24,0793,53,46929,390 (14.9) (9.1) A.Food Credit 16,81625,9279,11112,48517,3364,851 B.Non-Food Credit 3,52,0213,98,01045,9893,11,5943,36,13324,539 (13.1) (7.9) 2.Investments £ 48,35559,145 @10,79032,46746,675+14,208 A.Commercial Paper 4,0136,1592,1462,4284,8812,453 B.Bon

Foreign 1999 2000 1999 2000 Currency Mar. 5Feb. 28Feb. 29Mar. 1Mar. 2Mar. 3Mar. 5Feb. 28Feb. 29Mar. 1Mar. 2Mar. 31234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100@ 42.530043.620043.610043.610043.580043.5800 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying42.520043.610043.610043.605043.575043.57502.35132.29252.29312.29312.29462.2946DollarSelling42.540043.620043.620043.615043.585043.5850 Pou

(Rs. crore) Outstanding as on Variation over Financial year so farYear-on-year 19992000Fortnight1998-99 1999-20001999 2000 Item Mar. 31#Feb. 11#Amount%Amount%Amount%Amount%Amount% 1 2345678910111213 M 3 9,72,204*10,99,32410,6241.01,23,922*15.11,27,119*13.11,59,759*20.31,54,070*16.3 (12.9) (13.3)(18.1) (16.6) Components (i+ii+iii+iv) (i)Currency with the Public 1,69,3821,95,1555,5072.924,97117.225,77315.223,17915.724,60514.4(ii)Demand deposits with banks 1,35,1111,36,5

(Rs. crore) Outstanding Variation over as on Financial year so far 19992000Week1998-991999-2000YearItem Mar. 31#Mar. 3#Amount%Amount%Amount%Amount%1 23 4567891011Reserve Money 2,59,3712,72,912 6,8652.626,17511.613,5415.220,3358.1 Components (i+ii+iii) (i)Currency in circulation 1,75,8461,99,737 1,9121.026,45117.523,89113.622,23112.5 (ii)Bankers' deposits with RBI 79,70370,546 5,0447.73850.5-9,157-11.5-1,644-2.3 (iii)"Other" deposits with RBI 3,8212,628 -91 -661 -1,193

(Rs. crore)Date ofDate ofNotifiedBids Received Bids 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 Jul.2Jul.31001833020015100200——30099.688.6084600Oct.1Oct.4100163051,00021001,000——1,10099.688.34

(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 Jul.2Jul.3100141192577325—2712597.739.29093,505Oct.1Oct.410014114—————10010097.699.45851,735@Jan.

(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 Oct.13Oct.1410015114 ———— 10010095.299.88561,700 @Jan.5Jan.610027337 —9100— —10095.359.81961,900Feb.2Feb.31002

(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 Jul.14Jul.1550031611 —12218— —28250090.6410.326613,300Oct.6Oct.750020573 —3110— —39050090.64

(Rs. crore)Fortnight ended Total AmountIssued during Rate of Interest Outstanding #the fortnight # (per cent)@1 2 3 4Jan.1, 1999 3,667 621 8.00 — 17.35Apr.9, 1999 3,494 67 7.00 — 12.50Jul.2, 1999 2,111 30 6.25 — 11.50Oct.8, 1999 1,868 101 6.75 — 11.00Dec.31, 1999 1,418 47 8.50 — 11.00Jan.14, 2000 1,401 80 8.50 — 11.00@ : Effective interest rate range per annum.

(Rs. crore)Fortnight ended Total AmountReported duringRate of Interest Outstandingthe fortnight(per cent)@1 234Apr.15, 1999 5,0291,3869.15 — 12.00Jul.15, 1999 6,3117549.30 — 12.00Oct.15, 1999 6,6891,1049.91 — 11.75Jan.15, 2000 7,7471,0929.05 — 11.65Jan.31, 2000 7,8141,4709.00 — 13.00Feb.15, 2000 7,6931,3699.25 — 12.05 @ :Typical effective discount rate range per annum on issues during the fortnight.

19992000Percentage Variation overItem / Week ended WeightFeb. 20Dec. 25*Feb. 19#WeekMonthEndYear March 1 23456789ALL COMMODITIES 100.00356.0364.6363.4--0.42.92.1Primary Articles 32.30382.4387.7383.1--1.22.20.2(i) Fruits and Vegetables4.09407.3417.4401.11.0-4.1-2.3-1.5Fuel, Power, Light and Lubricants10.66387.1438.3438.3--12.213.2Manufactured Products 57.04335.2337.8338.3--0.11.20.9(i) Sugar, Khandsari and Gur4.06288.4298.2296.7-0.4-1.63.02.9(ii) Edible Oils 2.45357.82

19992000 Mar. 3Feb. 28Feb. 29Mar. 1Mar. 2Mar. 31 234567 BSE SENSEX (1978-79=100)3,640.425,740.695,446.985,642.125,528.315,378.27S & P CNX NIFTY (3.11.1995=1000)1,051.851,722.551,654.801,712.701,696.551,656.00

(Rs. crore) Fortnight Ended Nov. 5, '99Nov. 19, '99Dec. 3, '99Dec. 17, '99Dec. 31, '99Jan. 14, 2000Jan. 28, 20001 23 456781.Banks (a)Borrowing12,81712,15211,7839,14010,5329,6139,353 (b)Lending8,49310,95311,96611,5399,3389,95410,6682.Primary Dealers (a)Borrowing5,1336,3587,82510,0399,1699,0137,945 (b)Lending1,7951,7762,0281,8162,3532,0292,0053.Non-Bank Institutions (a)Lending4,6275,1384,3655,7376,0906,2475,968

(Rs. crore) Week EndedItem / Week ended Jan. 28, 2000Feb. 4, 2000Feb. 11, 2000 Feb. 18, 2000Feb. 25, 2000Mar. 3, 20001 234 567I. Outright Transactions (a) Govt. of India Dated Securities 15,01232,77331,153 36,56717,73017,185(b) State Government Securities 81131205 9918570(c) 14 - Day Treasury Bills 460212239 56123249(d) 91 - Day Treasury Bills 401833349 168262488(e) 182 - Day Treasury Bills 138159154 835682(f) 364 - Day Treasury Bills 8711,221755 3,6909103,275II. RBI*

(US$ Million) MerchantInter-bank FCY/ INRFCY/ FCYFCY / INRFCY/FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 12345678910111213Purchases Feb. 21, 20002877816574422553575633835816 Feb. 22, 2000396763347372759187410462320120 Feb. 23, 2000375129344638326137686644414127 Feb. 24, 2000455157523543235996765352017717 Feb. 25, 200040715915047632953086240656419832 Sales Feb. 21, 200029696105844215694955140612116

(Rs. crore) Week Ended Jan. 29, 2000Feb. 5, 2000Feb. 12, 2000Feb. 19, 2000Feb. 26, 2000Mar. 3, 20001234567Amount7.1610.7633.567.595.372.30Source : National Stock Exchange of India Ltd.

1999 2000 ItemAs on FridayMar. 5Feb. 4Feb. 11Feb. 18Feb. 25Mar. 31 2345678Standard GoldOpening4,3604,5404,7704,7704,7004,590(Rs. per 10 grams) Closing4,3604,5304,8004,7804,7004,580 Silver (999.0 fineness)Opening8,0008,1608,2858,2208,1858,020(Rs. per kilogram) Closing8,0008,1458,2658,2158,1308,020Note : In case Friday is a holiday, prices relate to the preceding working day.Source : Bombay Bullion Association Ltd.

(Rs. crore) March 3, 2000 Variation in Total Treasury BillsHolders Treasury Bills of Different MaturitiesTotalOver theOver End 14 Day14 Day91 Day182 Day364 Day(2+3+4+WeekMarch (Auction)(Intermediate)(Auction)(Auction)(Auction)5+6) 1 23456789Reserve Bank of India43—1074384,4915,0793994,265 Banks 123—5874377,1598,305-95-295 State Governments 100980—300—1,380-379-5,223 Others 351096314251,8503,050-412-905

(Devolvement / Private Placement on RBI and OMO Sales/ Purchases)(Face Value in Rs. crore) Gross Amount RaisedNet Amount Raised 1999-20001998-99 1998-991999-20001998-991998-99 (Upto(Upto (Upto(Upto Mar. 3, 2000)Mar. 5, 1999) Mar. 3, 2000)Mar. 5, 1999) 1 23 4 5671. Total 86,63083,753 83,753 70,27668,95068,950of which : 1.1 Devolvement/Private Placement on RBI27,00038,205 38,205 2. RBI's OMO Sales36,60523,614 26,348 Purchases1,725— —

(Amount in Rs. crore) For the Week Ended February 25, 2000For the Week Ended March 3, 2000ItemAmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 2 3 45 6 7I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1999-2000 — — —— — — 2000-01 2377.83489.77751515.32689.8962 2001-02 6788.045811.65734679.472410.1056 2002-03 $ 2929.63429.84801499.654010.3585 2003-04 2549.73959.98644539.749511.7505 2004-05 3539.85399.99