(Rs. crore) 19981999Variation overItem Apr. 24Apr. 16Apr. 23WeekYear123456Notes in circulation1,56,5101,81,0711,81,48241124,972Notes issued1,56,5561,81,1061,81,51340724,957Notes held in Banking Department463531-4-15Deposits : Central Government50100101151State Governments1510626-8011Scheduled Commercial Banks52,54573,92069,678-4,24217,133Scheduled State Co-operative Banks716775614-161-102Other Banks9771,2611,079-182102Others4,4325,4435,385-58953Other liabilities50,725

Variation over As on Apr. 29, 1999WeekEnd- March 1999End- December 1998YearItemRs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.Rs. CroreUS$ Mn.1234567891011Total Reserves1,39,32832,538120-541,3234811,4742,48222,3343,086of which : (a) Foreign Currency Assets1,26,79429,611179-131,3828912,1012,65322,5703,374 (b) Gold12,5002,919-59-41-59-41-308-96-148-265 (c) SDRs348————-319-75-88-23Note : 1. Foreign currency assets expressed in US dollar terms include the

(Rs. crore)Outstanding as onVariation over Item1999 Financial year so far Apr. 23#Fortnight1998-991999-2000Year 123456Liabilities to the Banking System Demand and time deposits from banks33,306-45-1431,0459,766 Borrowings from Banks(1)11,934517-1303114,905 Other demand and time liabilities(2)980-78-892290427Liabilities to Others Aggregate deposits7,25,521@5315,8668,2501,14,245 (0.1)(1.0)(1.2)(18.7) Demand1,12,744-3,078-3,882-73614,114 Time6,12,776@3,6089,7488,9851,00,

(Per cent per annum) 19981999Item / week endedApr. 24Mar. 26Apr. 2Apr. 9Apr. 16Apr. 231234567Bank Rate10.008.008.008.008.008.00I.D.B.I.114.0013.5013.5013.5013.5013.50Prime Lending Rate213.50-14.0012.00-13.0012.00-12.5012.00-12.5012.00-12.5012.00-12.50Deposit Rate310.00-12.009.00-11.509.00-11.008.00-10.508.00-10.508.00-10.50Call Money Rate (Low / High)45.00/9.003.00/10.007.00/14.000.25/8.606.50/8.306.50 /8.951. Medium Term Lending Rate (MTLR). 2. Prime Lending Rate rel

(Rs. crore) 1998-99 1997-98 OutstandingVariationsOutstandingVariations as on(3) - (2)as on(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/P

Foreign 1998 1999 1998 1999 Currency Apr. 30Apr. 26 Apr. 27+Apr. 28Apr. 29Apr. 30+Apr. 30Apr. 26Apr. 27+Apr. 28Apr. 29 Apr. 30+1234567891011121314 RBI's Reference Rate (Rs. per U.S. Dollar) Foreign Currency per Rs. 100@ 39.730042.9500 42.820042.8200 (Based on Middle Rates) FEDAI Indicative Rates (Rs. per Foreign Currency) U.S.{ Buying39.730042.9400 42.810042.8100 2.51702.3283 2.33542.3354 DollarSelling39.740042.9500 42.820042.8200 Pound{ Buying66.447569.3050 69.287569

(Rs. crore)ItemOutstanding as onVariation over Financial year so far 1999Fortnight1998-991999-2000Year Mar. 31#Apr. 9#Amount%Amount%Amount%Amount% 1234567891011M3 9,74,3289,88,02412,8231.39,8731.213,6961.41,50,94218.0 Components (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@5,7230.97,9181.45,7230.9

(Rs. crore)ItemOutstanding as onVariation over Financial year so far 1999Week 1998-991999-2000Year Mar. 31#Apr. 23#Amount%Amount%Amount%Amount% 1234567891011Reserve Money2,59,2202,59,757-4,232-1.6-9,767-4.35370.243,12319.9 Components (i+ii+iii) (i)Currency in circulation1,75,7051,85,1874110.28,8425.99,4825.425,28915.8 of which : cash with banks5,5864,112 * (ii)Bankers' deposits with RBI79,70371,372-4,584-6.0-17,568-24.5-8,332-10.517,13431.6 (iii)"Other" deposits with

(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 Outstanding 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——10099.659.13

(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 (FaceValue)Devolvemet 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—75090.5210.49726,5

(Rs. crore)Fortnight endedTotal Amount Outstanding#Issued during the fortnight #Rate of Interest (Per cent)@1 234Apr.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 Amount OutstandingReported during the fortnightRate of Interest (Per cent)@1 234Apr.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.

Weight19981999Percentage Variation overItem / Week endedApr. 18Feb. 20*Apr. 17#WeekMonthEndYear March 123456789ALL COMMODITIES100.00341.1356.0355.00.20.40.34.1Primary Articles32.30358.0382.4379.6-0.4-0.1-0.16.0(i) Fruits and Vegetables4.09430.0407.3454.71.712.49.95.7Fuel, Power, Light and Lubricants10.66380.4387.1390.62.72.92.92.7Manufactured Products57.04324.2335.2334.5—0.2-0.13.2(i) Sugar, Khandsari and Gur4.06299.7288.4291.20.30.80.3-2.8(ii) Edible Oils2.45315.6357

19981999 Apr. 30Apr. 26Apr. 27+Apr. 28Apr. 29Apr. 301234567BSE SENSEX (1978-79=100)4,006.813,245.27 3,272.713,325.69+S & P CNX NIFTY (3.11.1995=1000)1,159.35931.35 943.50966.60978.80Note : NSE - 50, i.e. Nifty has since been rechristened as 'S& P CNX Nifty' with effect from July 28, 1998.+ : Market closed.

(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. 26, '99Apr. 2, '99Apr. 9, '99Apr. 16, '99Apr. 23, '99Apr. 30. '99 234567I. Outright Transactions a.Govt. of India Dated Securities7,2686,02322,93314,91210,7817,811b.State Goverment Securities69922418115c.14 - Day Treasury Bills21428115120110207d.91 - Day Treasury Bills117130252379227112e.364 - Day Treasury Bills6541,6721,5051,1821,735539II. RBI*3459613,4302,304526—@ : Excluding Repo Transactions.* : RBI's sales and purchases include tr

(US$ Million) MerchantInter-bank FCY/INRFCY/FCYFCY/ INRFCY/FCY SpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForward Cancel- Cancel- Position Date lation lation 12345678910111213Purchases Apr.12, 199922346312733234114619931321723Apr.13, 1999207483814261760243013432715515Apr.14, 1999+ Apr.15, 199923852403834167237518430117823Apr.16, 1999252106945062406467697236817223Apr.19, 199925312750101912646694812821419Apr.20, 1999214141533224214556638234230515Apr.21,

(Rs. crore) Week Ended Mar. 27, '99Apr. 3, '99Apr. 10, '99Apr. 17, '99Apr. 24, '99Apr. 29, '991234567Amount44.0145.361.666.4634.551.44 Source: National Stock Exchange of India Ltd.

19981999ItemAs on FridayMay 1Apr. 2Apr. 9Apr. 16Apr. 23Apr. 3012345678Standard GoldOpening4,2404,3404,3504,4004,4104,440 (Rs. per 10 grams)Closing4,2354,3454,3654,4154,4104,430 Silver (999.0 fineness)Opening8,7257,6857,6307,7107,8808,185 (Rs. per kilogram)Closing8,7257,7107,6407,7107,9008,215Note : In case Friday is a holiday, prices relate to the preceding working day.Source : Bombay Bullion Association Ltd.

(Rs. crore)HoldersApril 29, 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 India28-1294906472-167 Banks90-7248,4919,305-60707 State Governments-8,215--8,2151,8961,612 Others824395122,0193,052-2218

(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 30, 1999)May 1, 1998) April 30, 1999)May 1, 1998) 1234561. Total18,00013,00083,75313,30810,08968,950 of which : 1.1 Devolvement/Private Placement on RBI12,0005,00038,205 2. RBI's OMO Sales7,02121526,348 Purchases---

(Amount in Rs. crore) For the Week Ended April 23, 1999For the Week Ended April 30, 1999 ItemAmountYTM (%PA) IndicativeAmountYTM (%PA) Indicative MinimumMaximum MinimumMaximum 123 4 5 6 7I. Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 1999-2000619.07289.9541 549.541510.3291 2000-0194010.444410.8956 46010.394810.7219 2001-0265310.850811.0090 49410.704011.5303 2002-03 $39010.776111.2150 53811.004311.1167 2003-0495511.154211.4937 91311.156