(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2006

Fortnight

2005-2006

2006-2007

2005

2006

Item

Mar. 31 #

Jul. 21 #

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

27,29,535

28,39,334

18,685

0.7

43,080

1.8

1,09,799

4.0

2,92,379

14.0

4,63,587

19.5

^M3

(2,88,866)

(13.9)

Components (i+ii+iii+iv)

(i)

Currency with the Public

4,13,143

4,36,329

–1,859

–0.4

16,117

4.5

23,186

5.6

45,063

13.8

65,342

17.6

(ii)

Demand deposits with banks

4,05,224

3,65,467

–7,617

–2.0

–21,977

–6.8

–39,757

–9.8

58,934

24.5

66,081

22.1

(iii)

Time deposits with banks @

19,04,290

20,31,080

28,382

1.4

50,305

3.0

1,26,790

6.7

1,87,991

12.4

3,30,662

19.4

(1,84,478)

(12.2)

(iv)

'Other' deposits with Reserve Bank

6,879

6,458

–222

–3.3

–1,364

–21.6

–421

–6.1

390

8.6

1,503

30.3

Sources (i+ii+iii+iv-v)

(i)

Net Bank credit to Government (a+b)

7,69,093

8,03,582

927

0.1

22,108

3.0

34,489

4.5

9,694

1.3

32,767

4.3

(–2,498)

(–0.3)

(a) Reserve Bank

8,136

–1,237

954

20,153

–9,374

–9,872

6,272

(b) Other Banks

7,60,956

8,04,819

–27

—

1,955

0.3

43,863

5.8

19,566

2.6

26,495

3.4

(ii)

Bank credit to commercial sector (a+b)

16,90,961

17,41,822

10,073

0.6

25,894

1.9

50,861

3.0

2,98,421

28.2

3,84,670

28.3

(2,65,539)

(25.1)

(a) Reserve Bank

1,387

1,384

—

—

–3

–0.2

–3

–0.2

–503

–26.6

–3

–0.2

(b) Other Banks

16,89,574

17,40,438

10,073

0.6

25,896

1.9

50,864

3.0

2,98,924

28.3

3,84,673

28.4

(iii)

Net foreign exchange assets of banking sector

7,26,194

8,14,083

11,487

1.4

–20,195

–3.1

87,888

12.1

47,314

8.2

1,86,374

29.7

(iv)

Government's currency liabilities to the public

8,754

8,818

—

—

742

10.0

64

0.7

850

11.6

628

7.7

(v)

Banking sector's net non-monetary liabilities

other than time deposits

4,65,466

5,28,970

3,801

0.7

–14,531

–3.6

63,504

13.6

63,900

19.7

1,40,852

36.3

of which : Net non-monetary liabilities of RBI

1,23,990

1,87,787

11,477

6.5

–25,155

–20.4

63,796

51.5

–38,908

–28.4

89,728

91.5

@ : Data reflect redemption of India Millennium Deposits (IMDs) on December 29, 2005.
Notes:
1. Figures in parentheses exclude the impact of conversion of a non-banking entity into banking entity from October 11, 2004.
2. Government Balances as on March 31, 2006 are after closure of accounts.
3. Financial year variation during 2006-07 so far is worked out from March 31, 2006, whereas the corresponding
financial year variation during 2005-06 is worked out from April 1, 2005.