(Rs. crore) Item 2007 2008 Variation May 18 May 9 May 16 # Week Year 1 2 3 4 5 6 Notes Issued 5,18,741 6,12,974 6,16,562 3,588 97,821 Notes in Circulation 5,18,722 6,12,948 6,16,544 3,597 97,822 Notes held in Banking Department 19 27 18 –9 –1 Deposits Central Government 101 3,340 6,701 3,360 6,600 Market Stabilisation Scheme 88,802 1,75,368 1,76,290 922 87,488 State Governments 41 41 41 — — Scheduled Commercial Banks 1,84,758 2,69,500 3,04,639 35,139 1,19,881 Schedule

Variation over Item As on May 16, 2008 Week End-March2008 End-December 2007 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 13,37,188 314,081 44,105 1,381 99,223 4,358 2,52,168 38,765 5,02,625 110,099 (a) Foreign Currency Assets 12,96,760 304,118 43,873 1,342* 1,00,737 4,888 2,46,275 37,565 4,93,135 107,633 (b) Gold 38,141 9,427 — — –1,983 –612 5,322 1,099 9,090 2,391 (c) SDRs 47 11

(Rs. crore) Outstanding Variation over Item as on 2008 Fortnight Financial year so far Year-on-year May 9# 2007-2008 2008-2009 2007 2008 1 2 3 4 5 6 7 Liabilities to the Banking System Demand and Time Deposits from Banks 42,884 –2,863 –2,977 –2,271 5,407 5,090 Borrowings from Banks(1) 29,494 –1,467 –6,095 –1,587 1,093 190 Other Demand and Time Liabilities(2) 19,316 3,668 4,376 1,901 8,146 2,565 Liabilities to Others Aggregate Deposits 32,20,799 28,607 –14,287 28,658 4

(per cent per annum) Item / Week Ended 2007 2008 May 11 Apr. 4 Apr. 11 Apr. 18 Apr. 25 May 2 May 9 1 2 3 4 5 6 7 8 Cash Reserve Ratio (per cent)(1) 6.50 7.50 7.50 7.50 7.50 7.75 7.75 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) 12.75-13.25 12.25-12.75 12.25-12.75 12.25-12.75 12.25-12.75 12.25-12.75 12.25-12.75 Deposit Rate(4) 7.50-9.00 8.25-9.00 8.25-9.00 8.25-9.00 8.25-9.00 8.25-9.00 8.25-9.0

(Rs. crore) 2008 - 2009 2007 - 2008 Item Outstanding as on Variation Outstanding as on Variation 2008 (3) - (2) 2007 (6) - (5) Mar. 28 May 9 Mar. 30 May 11 1 2 3 4 5 6 7 1. Bank Credit 23,48,493 23,46,656 –1,838 19,31,189 18,88,571 –42,618 (–0.1) (–2.2) A. Food Credit 44,399 50,042 5,643 46,521 47,404 884 B. Non-Food Credit 23,04,094 22,96,614 –7,481 18,84,669 18,41,167 –43,502 (–0.3) (–2.3) 2. Investments 95,375 89,466 –5,909 83,545 77,098 –6,447 A. Commercial Paper

Foreign Currency 2008 Annual Appreciation (+) / Depreciation (-) (per cent) May 12 May 13 May 14 May 15 May 16 May 12 May 13 May 14 May 15 May 16 1 2 3 4 5 6 7 8 9 10 11 RBI's Reference Rate (Rs. per Foreign Currency) U.S. Dollar 41.6800 42.1600 42.3300 42.4000 42.6400 — — –3.31 –3.61 –4.22 Euro 64.1300 65.5400 65.4600 65.8400 66.0000 — — –15.34 –15.87 –15.82 FEDAI Indicative Rates (Rs. per Foreign Currency) U.S. { Buying 41.6800 42.1400 42.3150 42.3900 42.6550 — — –3

(Rs. crore) Outstanding Variation over Item as on 2008 Fortnight Financial year so far Year-on-year 2007-2008 2008-2009 2007 2008 Mar. 31# May 9# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 M3 40,02,189 40,60,578 40,047 1.0 13,130 0.4 58,389 1.5 5,56,253 20.1 7,31,355 22.0 Components (i+ii+iii+iv) (i) Currency with the Public 5,67,746 6,00,689 11,179 1.9 27,429 5.7 32,943 5.8 68,842 15.6 90,355 17.7 (ii) Demand Deposits with Banks 5,66,8

(Rs. crore) Outstanding as on Variation over Item 2008 Week Financial year so far Year-on-year 2007-2008 2008-2009 2007 2008 Mar. 31# May 16# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 Reserve Money 9,28,317 9,54,275 39,491 4.3 19,599 2.8 25,958 2.8 1,39,103 23.6 2,25,685 31.0 Components (i+ii+iii) (i) Currency in Circulation 5,90,805 6,25,773 3,597 0.6 22,850 4.5 34,967 5.9 72,186 15.9 98,724 18.7 (ii) Bankers' Deposits with RBI 3,28,4

(Rs. crore) REPO (INJECTION) REVERSE REPO (ABSORPTION) Net Injection (+)/ LAF Repo period Bids Received Bids Accepted Cut-Off Bids Received Bids Accepted Cut-Off Absorption(-) of Outstanding Date (Day (s)) Number Amount Number Amount Rate(%) Number Amount Number Amount Rate (%) Liquidity (6-11) Amount @ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 May12, 2008 1 — — — — — 7 4,270 7 4,270 6.00 –4,270 4,270 May13, 2008 1 — — — — — 7 2,430 7 2,430 6.00 –2,430 2,430 May14, 2008 1 — —

(Rs. crore) Date of Dateof Notified Bids Received Bids Accepted Devol- Total Weigh- Implicit Amount Auction Issue Amount Total Face Value Total Face Value vement Issue ted Yield at Outstanding Number Com-petitive Non-Com- petitive Number Com-petitive Non-Com- petitive on RBI (8+9+ 10) Average Price Cut-off Price (per cent) as on the Date of Issue (Face Value) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 91-Day Treasury Bills 2007-2008 Oct. 3 Oct. 5 3,500 94 5,383 4,000 80 3,500 4

(Rs. crore) Fortnight Ended Date 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 May 9, Apr. 26 Apr. 27 Apr. 28 Apr. 29 Apr. 30 May 1 May 2 May 3 May 4 May 5 May 6 May 7 May 8 May 9 2008 2,55,327 5,10,653 7,88,546 10,69,677 13,58,276 16,46,463 19,27,621 22,18,525 25,09,429 27,63,485 30,13,077 32,65,940 35,17,356 37,86,153 May 23, May 10 May 11 May 12 May 13 May 14 May 15 May 16 May 17 May 18 May 19 May 20 May 21 May 22 May 23 2008 2,67,823 5,35,645 8,11,780 10,89,997 13,72,225 16

(Rs. crore) Fortnight Ended Total Amount Outstanding # Issued During the Fortnight # Rate of Interest (per cent)@ 1 2 3 4 Apr. 13, 2007 93,807 2,539 9.50 — 11.50 Jul. 6, 2007 1,02,992 4,186 6.25 — 9.69 Oct. 12, 2007 1,22,142 9,398 6.87 — 10.00 Jan. 4, 2008 1,27,154 9,453 6.87 — 9.82 Apr. 11, 2008 1,49,986 8,461 8.00 — 9.72 Apr. 25, 2008 1,50,865 3,066 7.70 — 9.06 @ : Effective interest rate range per annum.

(Rs. crore) Fortnight Ended Total Amount Outstanding Reported Duringthe Fortnight Rate of Interest (per cent)@ 1 2 3 4 Apr. 15, 2007 19,013 1,952 10.00 — 14.00 Jul. 15, 2007 28,129 4,200 4.00 — 11.50 Oct. 15, 2007 38,495 6,977 7.00 — 13.00 Jan. 15, 2008 42,392 5,589 7.35 — 12.50 Apr. 15, 2008 35,794 6,283 7.74 — 10.25 Apr. 30, 2008 37,584 3,172 7.35 — 10.10 @ : Typical effective discount rate range per annum on issues during the fortnight.

2007 2008 Percentage Variation over Items / Week Ended Weight May 5 Mar. 8* May 3# Week Month End March Year 1 2 3 4 5 6 7 8 9 ALL COMMODITIES 100.00 212.0 225.7 228.6 0.4 0.9 1.2 7.8 Primary Articles 22.02 220.2 235.2 239.3 0.3 1.4 1.8 8.7 (i) Fruits and Vegetables 2.92 243.4 233.9 253.2 2.5 3.3 5.5 4.0 Fuel, Power, Light and Lubricants 14.23 322.0 341.3 345.4 0.8 1.0 1.2 7.3 Manufactured Products 63.75 184.6 196.6 198.9 0.3 0.7 0.9 7.7 (i) Sugar, Khandsari and Gur 3

2007 2008 May 16 May 12 May 13 May 14 May 15 May 16 1 2 3 4 5 6 7 BSE SENSEX (1978-79=100) 14127.31 16860.90 16752.86 16978.35 17353.54 17434.94 S & P CNX NIFTY (3.11.1995=1000)</FONT> 4170.95 5012.65 4957.80 5011.75 5115.25 5157.70

(Rs. crore) Week Ended Apr. 4, 2008 Apr. 11, 2008 Apr. 18, 2008 Apr. 25, 2008 May 2, 2008 May 9, 2008 May 16, 2008 1 2 3 4 5 6 7 8 1. Banks (a) Borrowings 7,186 5,520 7,833 10,189 11,587 7,825 10,349 (b) Lendings 8,217 6,486 8,884 11,156 12,336 8,784 11,345 2. Primary Dealers (a) Borrowings 1,088 1,027 1,142 1,111 906 1,088 1,141 (b) Lendings 57 61 91 144 157 129 145 3. Total (a) Borrowings 8,274 6,547 8,975 11,300 12,493 8,913 11,490 (b) Lendings 8,274 6,547 8,975 11

(Rs. crore) Items Week Ended Apr. 11, 2008 Apr. 18, 2008 Apr. 25, 2008 May 2, 2008 May 9, 2008 May 16, 2008 1 2 3 4 5 6 7 I. Outright Transactions (a) Govt. of India Dated Securities 56,784 26,170 43,291 60,950 86,551 82,646 (b) State Government Securities 185 219 1,327 889 10,048 251 (c) 91 – Day Treasury Bills 3,693 1,621 2,075 1,664 3,077 2,490 (d) 182 – Day Treasury Bills 680 324 719 188 1,020 447 (e) 364 – Day Treasury Bills 2,589 650 1,608 630 1,751 956 II. RBI*

(US $ Million) Merchant Inter-bank Position Date FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 1 2 3 4 5 6 7 8 9 10 11 12 13 Purchases Apr. 28, 2008 3,088 1,248 1,398 808 1,297 1,210 3,901 5,682 532 4,281 2,613 479 Apr. 29, 2008 2,274 1,816 762 902 888 977 4,791 6,706 1,523 4,670 1,391 224 Apr. 30, 2008 2,523 2,513 1,051 779 1,034 1,172 5,084 7,920 1,101 5,714 2,221 310 M

(Rs. crore) Week Ended Apr. 11, 2008 Apr. 17, 2008 Apr. 25, 2008 May 2, 2008 May 9, 2008 May 16, 2008 1 2 3 4 5 6 7 Amount 130.22 65.51 106.25 100.50 275.04 42.84 Note : With effect from October 8, 2005, trading in securities on WDM segment are not available on Saturdays. Source : National Stock Exchange of India Ltd.

(Rs. crore) May 16, 2008 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities 14 Day 91 Day 182 Day 364 Day Total Over the Over End (Intermediate) (Auction) (Auction) (Auction) (2+3+4+5) Week March 1 2 3 4 5 6 7 8 Reserve Bank of India — — — — — — — Banks — 10,711 5,454 28,197 44,362 346 5,057 State Governments 43,518 22,547 4,983 3,201 74,249 –2,190 –23,367 Others 777 13,790 6,651 27,527 48,745 3,704 3,010

Gross Amount Raised Net Amount Raised 2008-2009 2007-2008 2007-2008 2008-2009 2007-2008 2007-2008 (Upto May 16, 2008) (Upto May 18, 2007) (Upto May 16, 2008) (Upto May 18, 2007) 1 2 3 4 5 6 7 1. Total 30,000 26,000 1,56,000 18,000 13,300 1,10,671 of which : 1.1 Devolvement/Private Placement on RBI — — — 2. RBI's OMO Sales 1,023 866 7,587 Purchases 833 10 13,510

(Amount in Rs. crore) For the Week Ended May 9, 2008 For the Week Ended May 16, 2008 Item Amount YTM (%PA) Indicative** Amount YTM (%PA) Indicative** Minimum Maximum Minimum Maximum 1 2 3 4 5 6 7 I. Outright Transactions 1. Govt. of India Dated Securities Maturing in the year 2008-09 420 8.0449 8.2590 75 7.7730 8.2200 2009-10 5,371 7.6053 7.8061 3,531 7.5386 7.8006 2010-11 3,487 7.7009 7.8379 1,590 7.7275 7.8244 2011-12 190 7.9015 8.8113 — — — 2012-13 100 8.8008 8.846