(Rs.crore) 2004 2005 Variation Item Mar. 12 Mar. 4 Mar. 11# Week Year 1 2 3 4 5 6 Notes issued 3,22,096 3,55,626 3,60,066 4,439 37,970 Notes in circulation 3,22,078 3,55,615 3,60,051 4,436 37,973 Notes held in Banking Department 18 12 15 3 –3 Deposits Central Government 101 100 101 1 — Market Stabilisation Scheme — 63,263 63,263 — 63,263 State Governments 41 41 41 — — Scheduled Commercial Banks 78,204 89,713 96,391 6,677 18,187 Scheduled State Co-operative Banks 1,543

Variation over Item As on Mar. 11, 2005 Week End-March2004 End-December 2004 Year Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. 1 2 3 4 5 6 7 8 9 10 11 Total Reserves 6,12,014 1,40,429 10,775 2,870 1,21,885 27,470 40,336 9,251 1,10,006 29,537 (a) Foreign Currency Assets 5,86,516 1,34,584 10,587 2,823* 1,20,301 27,136 41,050 9,420 1,09,351 29,180 (b) Gold 19,096 4,376 — — 880 178 –873 –206 130 186 (c) SDRs 20 5 — — 10 3 –2 — 10 3

(Rs. crore) Outstanding Variation over as on Financial year so far Year-on-year Item 2005 Fortnight Mar. 4# 2003-2004 2004-2005 2004 2005 1 2 3 4 5 6 7 Liabilities to the Banking System Demand and time deposits from Banks 36,355 1,009 –3,067 –478 –60 –1,032 Borrowings from Banks (1) 24,015 –3,092 –5,073 8,989 –6,422 9,451 Other demand and time liabilities(2) 3,068 –674 22 441 –247 792 Liabilities to Others Aggregate deposits@ 16,99,443 16,429 2,05,893 1,95,027 2,07,21

(per cent per annum) 2004 2005 Item / week ended Mar. 5 Jan. 28 Feb. 4 Feb. 11 Feb. 18 Feb. 25 Mar. 4 1 2 3 4 5 6 7 8 Cash Reserve Ratio (per cent)(1) 4.50 5.00 5.00 5.00 5.00 5.00 5.00 Bank Rate 6.00 6.00 6.00 6.00 6.00 6.00 6.00 I.D.B.I.(2) 10.25 10.25 10.25 10.25 10.25 10.25 10.25 Prime Lending Rate(3) 10.25-11.00 10.25-10.75 10.25-10.75 10.25-10.75 10.25-10.75 10.25-10.75 10.25-10.75 Deposit Rate(4) 5.00-5.50 5.25-6.25 5.25-6.25 5.25-6.25 5.25-6.25 5.25-6.25 5.25-

(Rs. crore) 2004 - 2005 2003 - 2004 Outstanding Variations Outstanding Variations as on (3) - (2) as on (6) - (5) 2004 2005 2003 2004 Item Mar. 19 Mar. 4 Mar. 21 Mar. 5 1 2 3 4 5 6 7 1. Bank Credit 8,40,785 10,69,673 2,28,888 7,29,215 8,22,859 93,644 (27.2) (12.8) A. Food Credit 35,961 41,440 5,479 49,479 35,858 –13,621 B. Non-Food Credit 8,04,824 10,28,233 2,23,409 6,79,736 7,87,001 1,07,265 (27.8) (15.8) [9,95,551] [1,90,727] [23.7] 2. Investments 88,985 88,434 @ –5

Foreign 2004 2005 2004 2005 Currency Mar. 12 Mar. 7 Mar. 8+ Mar. 9 Mar. 10 Mar. 11 Mar. 12 Mar. 7 Mar. 8+ Mar. 9 Mar. 10 Mar. 11 1 2 3 4 5 6 7 8 9 10 11 12 13 14 RBI's Reference Rate (Rs. per Foreign Currency) Foreign Currency per Rs. 100@ U.S. Dollar 45.2700 43.6900 43.6700 43.5800 43.5800 (Based on Middle Rates) Euro 55.5200 57.7900 58.2500 58.5200 58.5200 FEDAI Indicative Rates (Rs. per Foreign Currency) U.S. { Buying 45.2600 43.6800 43.6650 43.5700 43.5800 2.2090

(Rs. crore) Outstanding as on Variation over Financial year so far Year-on-year 2004 2005 Fortnight 2003-2004 2004-2005 2004 2005 Item Mar. 31# Mar. 4# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 20,03,102 22,38,023 18,284 0.8 2,65,608 15.5 2,34,920 11.7 2,67,018 15.6 2,54,454 12.8 M3 (22,34,454) (2,31,351) (11.5) (2,50,885) (12.6) Components (i+ii+iii+iv) (i) Currency with the Public 3,15,493 3,51,665 1,803 0.5 44,570 16.4 36,173 11.5 4

(Rs. crore) Outstanding as on Variation over Financial year so far Year-on-year 2004 2005 Week 2003-2004 2004-2005 2004 2005 Item Mar. 31 Mar. 11# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 Reserve Money 4,36,512 4,75,784 11,778 2.5 48,098 13.0 39,272 9.0 53,728 14.8 58,625 14.1 Components (i+ii+iii) (i) Currency in circulation 3,27,028 3,67,425 4,436 1.2 46,896 16.6 40,397 12.4 43,523 15.2 38,056 11.6 (ii) Bankers' deposits with RBI 1,

(Rs. crore) REPO (INJECTION) REVERSE REPO (ABSORPTION) Net injection(+) Repo Outstanding LAF period Bids Received Bids Accepted Cut-Off Bids Received Bids Accepted Cut-Off absorption(-) of Amount @ Date (Day(s)) Number Amount Number Amount Rate(%) Number Amount Number Amount Rate(%) liquidity (11-6) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Mar. 7,2005 2 — — — — — 44 24,930 44 24,930 4.75 –24,930 24,930 Mar. 9,2005 1 — — — — — 47 31,265 47 31,265 4.75 –31,265 31,265 Mar. 10, 2

(Rs. crore) Date of Date of Notified Bids Received Bids Accepted Devolvement on Total Weigh- Implicit Amount Auction Issue Amount Number Total Face Value Number Total Face Value PDs/SDs* RBI Issue ted Yieldat Outstanding Com- Non- Com- Non- (8+9+ Average Cut-off as on the petitive Com- petitive Com- 10+11) Price Price Date of Issue petitive petitive (per cent) (Face Value) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 2004-2005 Jun. 30 Jul. 2 2,000 50 4,023 — 38 2,000 — — — 2,0

(Rs. crore) Date of Date of Notified Bids Received Bids Accepted Devolvement on Total Weigh- Implicit Amount Auction Issue Amount Number Total Face Value Number Total Face Value PDs/SDs* RBI Issue ted Yieldat Outstanding Com- Non- Com- Non- (8+9+ Average Cut-off as on the petitive Com- petitive Com- 10+11) Price Price Date of Issue petitive$ petitive$ (per cent) (Face Value) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 2004-2005 Jul. 7 Jul. 9 2,000 64 4,485 29 29 2,000 29 — —

Fortnight Date Ended 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Feb. 19 Feb. 20 Feb. 21 Feb. 22 Feb. 23 Feb. 24 Feb. 25 Feb. 26 Feb. 27 Feb. 28 Mar. 1 Mar. 2 Mar. 3 Mar. 4 Mar. 4, 2005 92,198 1,84,397 2,88,967 3,88,451 4,83,707 5,79,005 6,73,879 7,70,055 8,66,230 9,60,586 10,48,782 11,35,617 12,26,750 13,16,083 Mar. 5 Mar. 6 Mar. 7 Mar. 8 Mar. 9 Mar. 10 Mar. 11 Mar. 12 Mar. 13 Mar. 14 Mar. 15 Mar. 16 Mar. 17 Mar. 18 Mar. 18, 2005 89,187 1,78,373 2,84,556 3,90,547 4,89,367 5,

(Rs. crore) Fortnightended Total Amount Issuedduring Rate of Interest Outstanding # the fortnight # (percent)@ 1 2 3 4 Apr. 2, 2004 4,626 191 3.75 — 5.16 Jul. 9, 2004 5,529 166 4.14 — 6.75 Oct. 1, 2004 5,164 95 3.50 — 5.50 Jan. 7, 2005 7,033 563 3.91 — 6.26 Jan. 21, 2005 4,236 439 4.01 — 6.25 Feb. 4, 2005 8,202 1,331 4.50 — 6.32@: Effective interest rate range per annum.

(Rs. crore) Fortnightended Total Amount Reportedduring Rate of Interest Outstanding thefortnight (percent)@ 1 2 3 4 Apr. 15, 2004 9,590 810 4.66 — 6.20 Jul. 15, 2004 10,688 954 4.63 — 7.00 Oct. 15, 2004 10,712 542 4.95 — 7.25 Jan. 15, 2005 12,215 1,624 5.40 — 6.35 Feb. 28, 2005 13,069 611 5.37 — 7.33 Mar. 15, 2005 13,210 861 5.50 — 6.76@: Typical effective discount rate range per annum on issues during the fortnight.

2004 2005 Percentage Variation over Weight Feb. 28 Jan. 1* Feb. 26# Week Month End Year Items / Week ended March 1 2 3 4 5 6 7 8 9 ALL COMMODITIES 100.00 179.8 188.5 188.7 –0.1 0.1 4.7 4.9 Primary Articles 22.02 182.0 185.3 185.1 –0.4 0.1 2.2 1.7 (i) Fruits and Vegetables 2.92 181.4 185.8 195.2 –1.1 1.2 12.8 7.6 Fuel, Power, Light and Lubricants 14.23 261.7 288.2 289.0 — 0.4 10.0 10.4 Manufactured Products 63.75 160.8 167.4 167.6 0.1 0.1 3.7 4.2 (i) Sugar, Khandsari a

2004 2005 Mar. 11 Mar. 7 Mar. 8 Mar. 9 Mar. 10 Mar. 11 1 2 3 4 5 6 7 BSE SENSEX (1978-79=100) 5649.86 6878.98 6915.09 6892.82 6907.65 6853.73 S & P CNX NIFTY (3.11.1995=1000) 1805.40 2160.10 2168.95 2160.80 2167.40 2154.00 +:Market closed.

(Rs. crore) WeekEnded Jan. 28, 2005 Feb. 4, 2005 Feb. 11, 2005 Feb. 18, 2005 Feb. 25, 2005 Mar. 4, 2005 Mar. 11, 2005 1 2 3 4 5 6 7 8 1. Banks (a) Borrowings 6,988 6,264 6,492 5,943 5,488 3,168 3,980 (b) Lendings 7,356 6,596 7,455 6,483 5,880 3,817 4,736 2. Primary Dealers (a) Borrowings 1,917 1,827 2,331 1,881 1,930 1,825 2,421 (b) Lendings 6 35 2 1 2 8 10 3. Non-Bank Institutions (a) Lendings 1,541 1,445 1,366 1,340 1,536 1,167 1,656 4. Total (a) Borrowings 8,905 8,

(Rs. crore) WeekEnded Items Feb. 4, 2005 Feb. 11, 2005 Feb. 18, 2005 Feb. 25, 2005 Mar. 4, 2005 Mar. 11, 2005 1 2 3 4 5 6 7 I. Outright Transactions (a) Govt. of India Dated Securities 19,612 42,892 36,131 26,822 28,530 22,655 (b) State Government Securities 692 552 683 407 386 377 (c) 91 – Day Treasury Bills 5,808 5,340 3,819 6,729 7,240 3,289 (d) 364 – Day Treasury Bills 10,986 5,162 9,246 7,825 11,274 8,846 II. RBI* 11 — 13 24 355 9 @ :Excluding Repo Transactions.

(US$ Million) Merchant Inter-bank FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Spot Forward Forward Spot Swap Forward Spot Swap Forward Cancel- Cancel- PositionDate lation lation 1 2 3 4 5 6 7 8 9 10 11 12 13 Purchases Feb. 21, 2005 542 194 81 29 105 186 1,042 1,219 102 723 126 3 Feb. 22, 2005 719 456 207 98 178 207 2,298 1,768 201 1,159 525 13 Feb. 23, 2005 875 238 119 28 129 126 1,283 2,099 109 1,029 331 7 Feb. 24, 2005 930 268 134 47 167 184 1,869 1

(Rs. crore) WeekEnded Feb. 5, 2005 Feb. 12, 2005 Feb. 19, 2005 Feb. 26, 2005 Mar. 5, 2005 Mar. 12, 2005 1 2 3 4 5 6 7 Amount 564.90 285.53 147.88 417.72 708.83 396.65 Source : National Stock Exchange of India Ltd.

(Rs. crore) Mar. 11, 2005 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 91 Day 364 Day (2+3+4) Week March (Intermediate) (Auction) (Auction) 1 2 3 4 5 6 7 Reserve Bank of India — — — — — — Banks — 21,073 40,079 61,152 1,299 41,759 State Governments 14,997 1,530 — 16,527 –2,817 9,071 Others 253 4,958 6,047 11,259 –1,290 –2,997

(Face Value in Rs. crore) Gross Amount Raised Net Amount Raised 2004-2005 2003-2004 2003-2004 2004-2005 2003-2004 2003-2004 (Upto (Upto (Upto (Upto Mar. 11, 2005) Mar. 12, 2004) Mar. 11, 2005) Mar. 12, 2004) 1 2 3 4 5 6 7 1. Total 1,05,350$ 1,35,934 1,35,934 71,034 $ 1,04,032 88,807 of which : 1.1 Devolvement/Private Placement on RBI 1,197 21,500 21,500 2. RBI's OMO Sales 2,857 41,843 41,849 Purchases — — — $ : Includes Rs.25,000 crore under Market Stabilisation Schem

(Amount in Rs. crore) For the Week Ended Mar. 4, 2005 For the Week Ended Mar. 11, 2005 Item Amount YTM (%PA) Indicative** Amount YTM (%PA) Indicative** Minimum Maximum Minimum Maximum 1 2 3 4 5 6 7 I. OutrightTransactions 1. Govt. of India Dated Securities Maturing in the year 2004-05 — — — — — — 2005-06 65 5.4153 5.4835 349 5.1666 5.4396 2006-07 95 5.7422 5.8001 601 5.6175 5.7101 2007-08 156 5.8549 6.0102 42 5.8830 5.9031 2008-09 1,035 6.1262 6.7161 534 6.1235 6.6445