(Rs. crore) 19981999Variation over Item Apr. 17Apr. 9Apr. 16WeekYear 123456Notes in circulation1,56,8311,77,6531,81,0713,41824,240 Notes issued1,56,8771,77,6831,81,1063,42324,229 Notes held in Banking Department4629356-11Deposits : Central Government50100100—50 State Governments11141069295 Scheduled Commercial Banks60,71164,00073,9209,92013,209 Scheduled State Co-operative Banks62673077545149 Other Banks9851,1071,261154276 Others4,6926,1375,443-694751Other liabilities

Variation over As on Apr. 23, 1999WeekEnd- March 1999End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011Total Reserves1,39,20832,592-12111,20310211,3542,53622,8713,264of which : (a) Foreign Currency Assets1,26,61529,624-12111,20310211,9222,66622,4783,385 (b) Gold12,5592,960————-249-55481-98 (c) SDRs348————-319-75-88-23Note : 1. Foreign currency assets expressed in US dollar terms include the effect of

(Rs. crore) Outstanding as on Variation over Item1999 Financial year so far Apr. 9#Fortnight1998-991999-2000Year 123456Liabilities to the Banking System Demand and time deposits from banks33,3511,0911,2861,0918,383 Borrowings from Banks(1)11,418-206-258-2064,516 Other demand and time liabilities(2)1,058368-822368435Liabilities to Others Aggregate deposits7,24,990@7,7194,0127,7191,15,568 (1.1)(0.7)(1.1)(19.0) Demand1,15,8222,342-3,3222,34216,631 Time6,09,168@5,3777,334

(Per cent per annum) 1998 1999 Item / week endedApr. 17Mar. 19Mar. 26Apr. 2Apr. 9Apr. 161234567Bank Rate10.008.008.008.008.008.00I.D.B.I.114.0013.5013.5013.5013.5013.50Prime Lending Rate213.50-14.0012.00-13.0012.00-13.0012.00-12.5012.00-12.5012.00-12.50Deposit Rate310.00-12.009.00-11.509.00-11.509.00-11.008.00-10.508.00-10.50Call Money Rate (Low / High)45.00/8.257.60 / 11.253.00/10.007.00/14.000.25/8.606.50/8.301. Medium Term Lending Rate (MTLR).2. Prime Lending Rate

(Rs. crore) 1998-991997-98 Outstanding as onVariations (3) - (2)Outstanding as onVariations (6) - (5) Item19981999 19971998 Mar. 27Mar. 26 Mar. 28Mar. 27 1 2345671.Bank Credit3,24,0793,66,00341,9252,78,4013,24,07945,677 (12.9) (16.4) A.Food Credit12,48516,8164,3317,59712,4854,889 B.Non-Food Credit3,11,5943,49,18737,5942,70,8053,11,59440,789 (12.1) (15.1) 2.Investments31,96347,94915,98618,51231,96313,452 A.Commercial Paper2,0504,0331,9836642,0501,386 B.Bonds/Debentures

Foreign 1998 1999 1998 1999 Currency Apr. 24Apr. 19Apr. 20Apr. 21Apr. 22Apr. 23Apr. 24Apr. 19Apr. 20Apr. 21Apr. 22Apr. 231234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100@ 39.710042.850042.790042.710042.710042.7400 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying39.700042.840042.780042.705042.720042.73502.51952.33372.33702.34142.33972.3397DollarSelling39.710042.870042.790042.715042.740042.

(Rs. crore) Outstanding as onVariation over Item Financial year so far 1999Fortnight1998-991999-2000Year Mar. 31#Apr. 9#Amount%Amount%Amount%Amount% 1234567891011M3 9,74,3289,88,02412,8231.39,8731.213,6961.41,50,94218.0Components (i+ii+iii+iv) (i)Currency with the Public1,70,1191,75,5494,8902.95,6893.95,4303.223,85715.7(ii)Demand deposits with banks1,30,2671,32,6702,4031.8-3,296-2.82,4031.818,02915.7(iii)Time deposits with banks6,70,1306,75,853@5,7230.97,9181.45,7230.

(Rs. crore) Outstanding as onVariation over Item Financial year so far 1999Week1998-991999-2000 Year Mar. 31#Apr. 16#Amount%Amount%Amount%Amount% 1234567891011Reserve Money2,59,2202,63,98912,8415.1-1,134-0.54,7681.838,72117.2 Components (i+ii+iii) (i)Currency in circulation1,75,7051,84,7763,4181.99,1276.09,0715.224,59315.4 of which : cash with banks5,586.. (ii)Bankers' deposits with RBI79,70375,95610,11815.4-9,484-13.2-3,748-4.713,63421.9 (iii)"Other" deposits with RB

(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 2345678910Jul.3, '98Jul.4, '98100100——10099.775.9938600 Oct.9, '98Oct.10, '98500500——50099.678.8702900 Jan.1, '99Jan.2, '99100100——10099.659.

(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 2345678910Jul.3, '98Jul.4, '9810020805015098.207.33203,460 Oct.9, '98Oct.10, '985003821184054097.579.96216,151 Jan.1, '99Jan.2, '99100100——10

(Rs. crore)Date of AuctionDate of IssueNotified AmountBids Accepted (Face Value)Devolvement on PDs and RBI (Face Value)Total Issue (4+5) (Face Value)Weighted Average PriceImplicit Yield at Cut-off Price (Per cent)Amount Outstan- ding as on the Date of Issue (Face Value) 1 23456789Apr.7, ’98Apr.11, ’9810069410092.617.979714,339 Jul.1, '98Jul.3, '98100—10010092.617.979710,153 @ Oct.7, '98Oct.9, '98400400—40090.3610.71745,827 Jan.13, '99Jan.15, '99750750—75090.5210.49726

(Rs. crore)Fortnight endedTotal AmountIssued duringRate of Interest Outstanding#the fortnight #(Per cent)@1 2 34Apr.10, 1998 14,584 6278.25 — 24.00Jul.17, 1998 7,287 8078.00 — 12.50Oct.9, 1998 6,132 7867.75 — 13.50Jan.1, 1999 3,667 6218.00 — 17.35Jan.15, 1999 3,824 6778.50 — 17.50Jan.29, 1999 3,689 5349.00 — 12.50@ : Effective interest rate range per annum.

(Rs. crore)Fortnight endedTotal AmountReported duringRate of Interest Outstandingthe fortnight(Per cent)@1 23 4 Apr.15, 19981,030338 11.75 — 18.00 Jul.15, 19983,912772 8.20 — 13.50 Oct.15, 19984,8031,101 9.50 — 13.40 Jan.15, 19995,4111,215 9.75 — 13.00 Mar.31, 19994,770866 9.10 — 13.25 Apr.15, 19995,0291,386 9.15 — 12.00 @ : Typical effective discount rate range per annum on issues during the fortnight.

19981999Percentage Variation over Item / Week endedWeightApr. 11Feb. 13*Apr. 10#WeekMonthEndYear March 123456789ALL COMMODITIES100.00340.2355.0354.4-0.10.20.14.2Primary Articles32.30355.8383.6381.1-0.20.30.37.1 (i) Fruits and Vegetables4.09413.1410.2446.91.28.98.08.2Fuel, Power, Light and Lubricants10.66380.4376.7380.20.20.20.2-0.1Manufactured Products57.04323.8334.8334.4-0.10.1-0.13.3 (i) Sugar, Khandsari and Gur4.06303.3287.6290.30.3-0.3—-4.3 (ii) Edible Oils2.45311

1998 1999 Apr. 23Apr. 17Apr. 19Apr. 20Apr. 21Apr. 22Apr. 2312345678BSE SENSEX (1978-79=100)4,092.233,326.983,451.433,443.993,464.543,408.743,406.59S & P CNX NIFTY (3.11.1995=1000)1,182.10966.95993.90995.40996.65981.65982.00Note : 1. NSE - 50, i.e. Nifty has since been rechristened as 'S & P CNX Nifty' with effect from July 28, 1998.2. On the BSE and NSE, there was special trading session on April 17, 1999. On BSE, this was treated as the first day of next sett

(Rs. crore) Fortnight Ended Dec. 18, '98Jan. 1, '99Jan. 15, '99Jan. 29, '99Feb. 12, '99Feb. 26, '99Mar. 12, '991 23456781.Banks a)Borrowing8,2538,31310,60910,20610,69610,00611,351 b)Lending7,1476,1215,7577,0777,1916,6987,0472.Primary Dealers a)Borrowing5,5643,8633,7305,8845,5464,6663,705 b)Lending1,4981,2131,7031,8941,6341,6031,6793.Non-Bank Institutions a)Lending4,5094,6585,6535,2595,7505,6625,950

(Rs. crore) Week Ended ItemsMar. 19, '99Mar. 26, '99Apr. 2, '99Apr. 9, '99Apr. 16, '99Apr. 23, '99 1234567I. Outright Transactions a.Govt. of India Dated Securities6,3217,2686,02322,93314,91210,781b.State Goverment Securities29699224181c.14 - Day Treasury Bills5221428115120110d.91 - Day Treasury Bills480117130252379227e.364 - Day Treasury Bills1,0726541,6721,5051,1821,735II. RBI*763459613,4302,304526@ : Excluding Repo Transactions.* : RBI's sales and purchases include

(US$ Million) MerchantInter-bank FCY/ INRFCY/ FCYFCY / INRFCY/FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 12345678910111213Purchases Mar.30, 1999 6941362082557446541,15119034540236Mar.31, 1999 642148782660465131,0809334321622Apr.1, 1999* Apr.2, 1999+ Apr.5, 1999 461983747584949779510929820937Apr.6, 1999 301116374029448389169232916215Apr.7, 1999 26155317938367978735740029144Apr.8, 1999 2105120374415

(Rs. crore) Week Ended Mar. 20, '99Mar. 27, '99Apr. 3, '99Apr. 10, '99Apr. 17, '99Apr. 24, '991234567Amount3.3444.0145.361.666.4634.55Source: National Stock Exchange of India Ltd.

19981999ItemAs on FridayApr. 24Mar. 26Apr. 2Apr. 9Apr. 16Apr. 2312345678 Standard GoldOpening4,2604,2704,3404,3504,4004,410 (Rs. per 10 grams)Closing4,2704,2504,3454,3654,4154,410 Silver (999.0 fineness)Opening8,8007,6757,6857,6307,7107,880 (Rs. per kilogram)Closing8,8007,6707,7107,6407,7107,900Note : In case Friday is a holiday, prices relate to the preceding working day.Source : Bombay Bullion Association Ltd.

(Rs. crore)HoldersApril 23, 1999Variation in Total Treasury Bills Treasury Bills of Different MaturitiesTotalOver theOver End 14 Day14 Day91 Day364 Day(2+3+4+5)WeekMarch (Auction)(Intermediate)(Auction)(Auction) 12345678 Reserve Bank of India26-12949064526-169 Banks138-8738,3539,365237767 State Governments-6,319--6,3192,724-284 Others363994632,1573,055340220

(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 April 23, 1999)April 24, 1998) April 23, 1999)April 24, 1998) 1234561. Total18,0008,00083,75313,5835,08968,950 of which : 1.1 Devolvement/Private Placement on RBI12,000-38,205 2. RBI's OMO Sales7,02121526,348 Purchases---

(Amount in Rs. crore) For the Week Ended April 16, 1999For the Week Ended April 23, 1999 Items AmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum1 234 5 6 7I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1999-2000 1057.309012.3809 619.07289.9541 2000-01 36810.402410.7229 94010.444410.8956 2001-02 71110.631211.0327 65310.850811.0090 2002-03 $ 55411.024511.1138 39010.776111.2150 2003-04 67211.145511.9492 95