(Rs. crore) Item 2007 2008 Variation May 25 May 16 May 23 # Week Year 1 2 3 4 5 6 Notes Issued 5,14,523 6,16,562 6,15,705 –857 1,01,183 Notes in Circulation 5,14,502 6,16,544 6,15,694 –850 1,01,192 Notes held in Banking Department 21 18 11 –7 –10 Deposits Central Government 100 6,701 101 –6,600 1 Market Stabilisation Scheme 87,319 1,76,290 1,75,362 –928 88,042 State Governments 41 41 41 — — Scheduled Commercial Banks 1,86,236 3,04,639 2,63,128 –41,511 76,892 Scheduled

Variation over Item As on May 23, 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 13,52,232 316,171 15,044 2,090 1,14,267 6,448 2,67,212 40,855 5,19,710 111,237 (a) Foreign Currency Assets 13,11,772 306,203 15,012 2,085* 1,15,749 6,973 2,61,287 39,650 5,10,172 108,765 (b) Gold 38,141 9,427 — — –1,983 –612 5,322 1,099 9,090 2,391 (c) SDRs 47 1

(Rs. crore) Outstanding as on Variation over Item Financial year so far Year-on-year 2008 Fortnight 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 18 Apr. 11 Apr. 18 Apr. 25 May 2 May 9 May 16 1 2 3 4 5 6 7 8 Cash Reserve Ratio (per cent)(1) 6.50 7.50 7.50 7.50 7.75 7.75 8.00 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) 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 19+ May 20 May 21 May 22 May 23 May 19+ May 20 May 21 May 22 May 23 1 2 3 4 5 6 7 8 9 10 11 RBI's Reference Rate (Rs. per Foreign Currency) U.S. Dollar 42.6700 42.7200 43.1500 42.8400 — –4.96 –5.82 –5.35 Euro 66.3900 66.9000 68.1000 67.3200 — –17.98 –19.62 –18.92 FEDAI Indicative Rates (Rs. per Foreign Currency) U.S. { Buying 42.6650 42.7100 43.1500 42.8300 — –4.94 –5.84 –5.30 Dollar Selli

(Rs. crore) Outstanding as on Variation over Financial year so far Year-on-year Item 2008 Fortnight 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 23# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 Reserve Money 9,28,317 9,11,836 –42,439 –4.4 17,026 2.4 –16,481 –1.8 1,37,375 23.3 1,85,819 25.6 Components (i+ii+iii) (i) Currency in Circulation 5,90,805 6,24,922 –850 –0.1 18,760 3.7 34,117 5.8 71,290 15.8 1,01,964 19.5 (ii) Bankers' Deposits with RBI

(Rs. crore) REPO (INJECTION) REVERSE REPO (ABSORPTION) Net Injection(+)/ LAF Repo period Bids Received Bids Accepted Cut-Off Bids Received Bids Accepted Cut-Off Abso rption(-) of Outstanding Date (Day(s)) Num ber AmountNumberAmount Rate(%) Number Amount Num ber Amount Rate(%) Liquidity (6-11) Amount @ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 May 20, 2008 1 — — — — — 19 23,175 19 23,175 6.00 –23,175 23,175 May 21, 2008 1 — — — — — 19 27,095 19 27,095 6.00 –27,095 27,095 May 22

(Rs. crore) Date of Date of 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

(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 AmountOutstanding Reported During the 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 12 Mar. 15* May 10# Week Month End March Year 1 2 3 4 5 6 7 8 9 ALL COMMODITIES 100.00 212.4 226.4 229.0 0.2 0.9 1.3 7.8 Primary Articles 22.02 221.4 236.3 239.8 0.2 1.1 2.0 8.3 (i) Fruits and Vegetables 2.92 246.4 234.8 249.0 –1.7 1.4 3.8 1.1 Fuel, Power, Light and Lubricants 14.23 322.0 341.7 345.8 0.1 1.1 1.3 7.4 Manufactured Products 63.75 184.9 197.3 199.2 0.2 0.8 1.1 7.7 (i) Sugar, Khandsari and G

2007 2008 May 23 May 19+ May 20 May 21 May 22 May 23 1 2 3 4 5 6 7 BSE SENSEX (1978-79=100) 14363.26 17230.18 17243.16 16907.11 16649.64 S & P CNX NIFTY (3.11.1995=1000)</FONT> 4246.20 5104.95 5117.65 5025.45 4946.55 + : Market closed.

(Rs. crore) Week Ended Apr. 11, 2008 Apr. 18, 2008 Apr. 25, 2008 May 2, 2008 May 9, 2008 May 16, 2008 May 23, 2008 1 2 3 4 5 6 7 8 1. Banks (a) Borrowings 5,520 7,833 10,189 11,587 7,825 10,349 5,590 (b) Lendings 6,486 8,884 11,156 12,336 8,784 11,345 6,475 2. Primary Dealers (a) Borrowings 1,027 1,142 1,111 906 1,088 1,141 924 (b) Lendings 61 91 144 157 129 145 39 3. Total (a) Borrowings 6,547 8,975 11,300 12,493 8,913 11,490 6,514 (b) Lendings 6,547 8,975 11,300 12,

(Rs. crore) Items Week Ended Apr. 18, 2008 Apr. 25, 2008 May 2, 2008 May 9,2008 May 16, 2008 May 23,2008 1 2 3 4 5 6 7 I. Outright Transactions (a) Govt. of India Dated Securities 26,170 43,291 60,950 86,551 82,646 38,588 (b) State Government Securities 219 1,327 889 10,048 251 100 (c) 91 – Day Treasury Bills 1,621 2,075 1,664 3,077 2,490 3,393 (d) 182 – Day Treasury Bills 324 719 188 1,020 447 713 (e) 364 – Day Treasury Bills 650 1,608 630 1,751 956 1,036 II. RBI* 27

(US $ Million) Merchant Inter-bank FCY / INR FCY / FCY FCY / INR FCY / FCY Position Date 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 May 5, 2008 2,103 780 411 552 1,232 1,086 4,282 5,669 653 3,864 1,446 449 May 6, 2008 1,917 1,095 422 660 712 778 4,538 5,910 526 4,366 1,000 52 May 7, 2008 1,711 1,451 369 359 835 2,202 5,625 4,366 494 4,363 1,496 91 May 8, 2008 2,348 1,9

(Rs. crore) Week Ended Apr. 17, 2008 Apr. 25, 2008 May 2, 2008 May 9, 2008 May 16, 2008 May 23, 2008 1 2 3 4 5 6 7 Amount 65.51 106.25 100.50 275.04 42.84 58.93 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 23, 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 — 12,584 5,579 27,916 46,078 1,717 6,774 State Governments 46,503 25,197 4,983 4,701 81,384 7,135 –16,232 Others 798 14,417 6,526 26,808 48,550 –196 2,814

Gross Amount Raised Net Amount Raised 2008-2009 2007-2008 2007-2008 2008-2009 2007-2008 2007-2008 (Upto May 23, 2008) (Upto May 25, 2007) (Upto May 23, 2008) (Upto May 25, 2007) 1 2 3 4 5 6 7 1. Total 30,000 26,000 1,56,000 11,023 13,300 1,10,671 of which : 1.1 Devolvement/Private Placement on RBI — — — 2. RBI's OMO Sales 1,028 1,004 7,587 Purchases 863 10 13,510

(Amount in Rs. crore) For the Week Ended May 16, 2008 For the Week Ended May 23, 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 75 7.7730 8.2200 50 8.3100 8.3100 2009-10 3,531 7.5386 7.8006 1,382 7.7134 7.8861 2010-11 1,590 7.7275 7.8244 165 7.7921 7.9209 2011-12 — — — — — — 2012-13 50 8.9504 8.9504 42 8.9299 8.9