(Rs. crore) Item 2006 2007 Variation Nov. 24 Nov. 16 Nov. 23# Week Year 1 2 3 4 5 6 Notes issued 4,60,598 5,42,672 5,38,296 –4,376 77,698 Notes in circulation 4,60,556 5,42,652 5,38,279 –4,374 77,723 Notes held in Banking Department 42 19 17 –2 –25 Deposits Central Government 11,405 41,984 17,583 –24,400 6,178 Market Stabilisation Scheme 37,917 1,77,791 1,75,381 –2,410 1,37,464 State Governments 41 41 125 84 84 Scheduled Commercial Banks 1,31,749 2,54,149 2,26,526 –27

Variation over Item As on Nov. 23, 2007 Week End-March 2007 End-December 2006 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 10,77,222 272,281 10,278 1,133 2,09,000 73,102 2,93,240 95,030 3,01,854 99,499 (a) Foreign Currency Assets 10,44,771 264,031 10,255 1,130 * 2,08,174 72,107 2,92,033 93,844 2,99,653 97,970 (b) Gold 30,712 7,811 — — 1,139 1,027 1,888 1,294 3,392 1,743 (c) SDRs 1

(Rs. crore) Item Outstanding Variation over as on 2007 Fortnight Financial year so far Year-on-year Nov. 9 # 2006-2007 2007-2008 2006 2007 1 2 3 4 5 6 7 Liabilities to the Banking System Demand and time deposits from Banks 38,312 1,831 –2,930 –2,460 –5,712 4,164 Borrowings from Banks(1) 25,147 –412 1,042 –10,252 –3,195 –5,092 Other demand and time liabilities(2) 18,569 –1,225 438 6,283 3,297 9,240 Liabilities to Others Aggregate deposits@ 29,19,327 41,373 1,95,857 3,1

(per cent per annum) Item / week ended 2006 2007 Nov. 17 Oct. 12 Oct. 19 Oct. 26 Nov. 2 Nov. 9 Nov. 16 1 2 3 4 5 6 7 8 Cash Reserve Ratio (per cent)(1) 5.00 7.00 7.00 7.00 7.00 7.00 7.50 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) 11.00-11.50 12.75-13.25 12.75-13.25 12.75-13.25 12.75-13.25 12.75-13.25 12.75-13.25 Deposit Rate(4) 6.75-8.00 8.00-9.50 8.00-9.50 8.00-9.50 8.00-9.50 8.00-9.50 8.00

(Rs. crore) 2007 - 2008 2006 - 2007 Item Outstanding as on Variation Outstanding as on Variation 2007 (3) - (2) 2006 (6) - (5) Mar. 30 Nov. 9 Mar. 31 Nov. 10 1 2 3 4 5 6 7 1. Bank Credit 19,28,913 20,64,180 1,35,267 15,07,077 16,71,771 1,64,694 (7.0) (10.9) A. Food Credit 46,521 36,721 –9,800 40,691 37,657 –3,033 B. Non-Food Credit 18,82,392 20,27,459 1,45,067 14,66,386 16,34,114 1,67,727 (7.7) (11.4) 2. Investments 83,394 79,760 –3,634 79,464 80,963 1,499 A. Commerci

Foreign Currency 2007 Annual appreciation (+) / depreciation (-) (per cent) Nov. 19 Nov. 20 Nov. 21 Nov. 22 Nov. 23 Nov. 19 Nov. 20 Nov. 21 Nov. 22 Nov. 23 1 2 3 4 5 6 7 8 9 10 11 RBI's Reference Rate (Rs. per Foreign Currency) U.S. Dollar 39.2900 39.3400 39.3900 39.4100 39.5700 — 14.03 14.22 13.55 12.96 Euro 57.6700 57.7100 58.4900 58.5600 59.0400 — –0.21 –1.47 –1.72 –2.07 FEDAI Indicative Rates (Rs. per Foreign Currency) U.S. { Buying 39.2900 39.3300 39.3850 39.4000

(Rs. crore) Outstanding as on Variation over Item 2007 Fortnight Financial year so far Year-on-year 2006-2007 2007-2008 2006 2007 Mar. 31# Nov. 9# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 M3 33,10,278 36,71,498 63,314 1.8 2,35,229 8.6 3,61,220 10.9 4,66,096 18.7 7,06,724 23.8 Components (i+ii+iii+iv) (i) Currency with the Public 4,83,471 5,29,237 22,698 4.5 40,920 9.9 45,766 9.5 61,640 15.7 75,198 16.6 (ii) Demand deposits with banks

(Rs. crore) Outstanding as on Variation over Item 2007 Week Financial year so far Year-on-year 2006-2007 2007-2008 2006 2007 Mar. 31# Nov. 23# Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 13 Reserve Money 7,09,016 7,92,457 –32,109 –3.9 41,285 7.2 83,441 11.8 90,726 17.3 1,78,116 29.0 Components (i+ii+iii) (i) Currency in circulation 5,04,225 5,46,972 –4,374 –0.8 37,986 8.8 42,748 8.5 66,920 16.7 78,310 16.7 (ii) Bankers' deposits with RBI 1,

(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 Out standing 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 Nov. 19, 2007 1 11 14,875 11 14,875 7.75 1 5 1 5 6.00 14,870 –14,870 Nov. 20, 2007 1 10 8,045 10 8,045 7.75 — — — — — 8,045 –8,045

(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 Out standing 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 Apr. 4 Apr. 7 2,000 111 8,612 1,200 15

(Rs. crore) Fortnight Ended Date 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Nov. 9, Oct. 27 Oct. 28 Oct. 29 Oct. 30 Oct. 31 Nov. 1 Nov. 2 Nov. 3 Nov. 4 Nov. 5 Nov. 6 Nov. 7 Nov. 8 Nov. 9 2007 2,25,481 4,50,962 6,66,845 8,96,856 11,25,182 13,45,820 15,72,427 17,99,220 20,26,013 22,39,186 24,30,438 26,75,561 29,02,857 31,29,510 Nov. 23, Nov. 10 Nov. 11 Nov. 12 Nov. 13 Nov. 14 Nov. 15 Nov. 16 Nov. 17 Nov. 18 Nov. 19 Nov. 20 Nov. 21 Nov. 22 Nov. 23 2007 2,20,771 4,41,541 6,65,50

(Rs. crore) Fortnight ended Total Amount Outstanding # Issued during the fortnight # Rate of Interest (per cent)@ 1 2 3 4 Oct. 13, 2006 64,482 2,513 4.75 — 8.50 Jan. 5, 2007 68,928 2,449 8.26 — 9.25 Apr. 13, 2007 93,807 2,539 9.50 — 11.50 Jul. 6, 2007 1,02,992 4,186 6.25 — 9.69 Sep. 28, 2007 1,18,481 9,930 6.87 — 10.00 Oct. 12, 2007 1,22,142 9,398 6.87 — 10.00 @ : Effective interest rate range per annum.

(Rs. crore) Fortnight ended Total Amount Outstanding Reported during the fortnight Rate of Interest (per cent)@ 1 2 3 4 Oct. 15, 2006 23,521 1,733 7.20 — 8.65 Jan. 15, 2007 23,758 1,255 8.30 — 9.58 Apr. 15, 2007 19,013 1,952 10.00 — 14.00 Jul. 15, 2007 28,129 4,200 4.00 — 11.50 Sep. 30, 2007 33,614 3,515 7.70 — 12.00 Oct. 15, 2007 38,495 6,977 7.00 — 13.00 @ : Typical effective discount rate range per annum on issues during the fortnight.

Items / Week ended Weight 2006 2007 Percentage Variation over Nov. 11 Sep. 15* Nov. 10# Week Month End March Year 1 2 3 4 5 6 7 8 9 ALL COMMODITIES 100.00 209.1 215.0 215.4 –0.1 0.2 2.4 3.0 Primary Articles 22.02 214.6 225.8 223.3 –0.4 –0.8 3.4 4.1 (i) Fruits and Vegetables 2.92 253.1 256.7 236.3 –0.9 –6.0 6.6 –6.6 Fuel, Power, Light and Lubricants 14.23 326.7 321.7 325.7 — 0.7 1.7 –0.3 Manufactured Products 63.75 181.0 187.5 188.1 0.1 0.4 2.2 3.9 (i) Sugar, Khandsari

2006 2007 Nov. 23 Nov. 19 Nov. 20 Nov. 21 Nov. 22 Nov. 23 1 2 3 4 5 6 7 BSE SENSEX (1978-79=100) 13680.83 19633.36 19280.80 18602.62 18526.32 18852.87 S & P CNX NIFTY (3.11.1995=1000)</p> 3945.45 5907.65 5780.90 5561.05 5519.35 5608.60

(Rs. crore) Week Ended Oct. 12, 2007 Oct. 19, 2007 Oct. 26, 2007 Nov. 2, 2007 Nov. 9, 2007 Nov. 16, 2007 Nov. 23, 2007 1 2 3 4 5 6 7 8 1. Banks (a) Borrowings 6,772 10,036 7,201 9,614 9,457 7,846 7,887 (b) Lendings 7,315 10,857 8,348 11,172 10,686 9,038 8,987 2. Primary Dealers (a) Borrowings 558 827 1,151 1,559 1,232 1,199 1,134 (b) Lendings 15 6 4 1 3 7 35 3. Total (a) Borrowings 7,330 10,863 8,352 11,173 10,689 9,045 9,021 (b) Lendings 7,330 10,863 8,352 11,173 10,

(Rs. crore) Items Week Ended Oct. 19, 2007 Oct. 26, 2007 Nov. 2, 2007 Nov. 9, 2007 Nov. 16, 2007 Nov. 23, 2007 1 2 3 4 5 6 7 I. Outright Transactions (a) Govt. of India Dated Securities 25,613 61,207 54,450 23,508 34,224 23,010 (b) State Government Securities 138 191 490 187 685 1,013 (c) 91 – Day Treasury Bills 4,427 6,509 4,618 980 1,010 1,674 (d) 182 – Day Treasury Bills 3,312 2,288 2,081 1,323 1,488 503 (e) 364 – Day Treasury Bills 1,045 4,367 977 2,697 5,338 3,42

(US $ Million) Merchant Inter-bank Position Date FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel- lation Spot Forward Forward Cancel- lation Spot Swap Forward Spot Swap Forward 1 2 3 4 5 6 7 8 9 10 11 12 13 Purchases Nov. 5, 2007 2,231 1,171 422 904 1,560 1,306 4,406 4,332 159 3,951 2,308 138 Nov. 6, 2007 2,913 1,051 282 906 670 1,322 4,847 5,253 519 2,955 1,323 157 Nov. 7, 2007 2,488 1,930 494 1,193 780 1,539 4,816 5,504 1,611 5,370 2,042 159 Nov.

(Rs. crore) Week Ended Oct. 19, 2007 Oct. 26, 2007 Nov. 2, 2007 Nov. 8, 2007 Nov. 16, 2007 Nov. 23, 2007 1 2 3 4 5 6 7 Amount 157.73 106.30 137.79 8.78 25.52 50.29 Note : With effect from October 8, 2005, trading in securities on WDM segment will not be available on Saturdays. Source : National Stock Exchange of India Ltd.

(Rs. crore) November 23, 2007 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 — 23,844 13,502 29,550 66,897 –3,045 14,775 State Governments 30,246 23,584 4,491 4,675 62,996 498 –10,408 Others 460 12,676 11,998 25,814 50,947 545 20,673

(Face Value in Rs. crore) Gross Amount Raised Net Amount Raised 2007-2008 2006-2007 2006-2007 2007-2008 2006-2007 2006-2007 (Upto (Upto (Upto (Upto Nov. 23, 2007) Nov. 24, 2006) Nov. 23, 2007) Nov. 24, 2006) 1 2 3 4 5 6 7 1. Total 1,23,000 1,07,000 1,46,000 90,254 69,986 1,06,921 of which : 1.1 Devolvement/Private Placement on RBI — — — 2. RBI's OMO Sales 3,534 3,776 5,845 Purchases 50 700 720 * : Includes Rs.6,000 crore under Market Stabilisation Scheme.

(Amount in Rs. crore) For the Week Ended Nov. 16, 2007 For the Week Ended Nov. 23, 2007 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 2007-08 — — — — — — 2008-09 190 7.9648 8.0518 650 7.9368 7.9976 2009-10 3,722 7.7092 7.8811 2,591 7.7016 7.8300 2010-11 181 7.7463 7.7800 31 7.7147 7.7907 2011-12 1 — — 26 8.3500 8.3500 2012-1