1. Reserve Bank of India - Liabilities and Asset |
(Rs.crore) |
Item |
2006 |
2007 |
Variation |
| Mar. 3 |
Feb. 23 |
Mar. 2# |
Week |
Year |
1 |
2 |
3 |
4 |
5 |
6 |
| Loans and advances |
| Central Government |
— |
— |
— |
— |
— |
| State Governments |
— |
127 |
— |
-127 |
— |
| 2. Foreign Exchange Reserves |
| Item |
As on Mar. 2, 2007 |
Variation over |
| Week |
End-March 2006 |
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 |
8,61,862 |
1,94,634 |
6,782 |
1,510 |
1,85,475 |
43,012 |
77,880 |
17,383 |
2,26,813 |
51,486 |
| (a) Foreign Currency Assets |
8,29,286 |
1,87,282 |
5,112 |
1,154 * |
1,81,959 |
42,174 |
76,548 |
17,095 |
2,23,137 |
50,639 |
| (b) Gold |
30,499 |
6,883 |
1,659 |
354 |
4,825 |
1,128 |
1,675 |
366 |
4,958 |
1,136 |
| (c) SDRs |
8 |
2 |
— |
— |
–4 |
–1 |
4 |
1 |
–4 |
–1 |
| (d) Reserve position in the IMF** |
2,069 |
467 |
11 |
2 |
–1,305 |
–289 |
–347 |
–79 |
–1,278 |
–288 |
| * : Foreign currency assets expressed in US dollar terms include the effect of appreciation/depreciation of non-US currencies (such as Euro, Sterling, Yen) held in reserves. For details, please refer to the Current Statistics section of the RBI Bulletin.
** : Reserve Position in the International Monetary Fund (IMF),i.e.,Reserve Tranche Position (RTP) which was shown as a memo item from May 23, 2003 to March 26, 2004 has been included in the reserves from the week ended April 2, 2004 in keeping with the international best practice. |
| 3. Scheduled Commercial Banks - Business in India |
| (Rs. crore) |
| Item |
Outstanding |
Variation over |
| as on 2007 |
Month |
Financial year so far |
Year-on-year |
| Feb. 23# |
|
2005-2006 |
2006-2007 |
2006 |
2007 |
| 1 |
2 |
3 |
4 |
5 |
6 |
7 |
| Liabilities to Others |
| |
Aggregate deposits @ |
24,67,048 |
62,240 |
1,96,112 |
3,57,999 |
2,86,360 |
4,85,800 |
| |
|
|
(2.6) |
(11.0) |
(17.0) |
(16.9) |
(24.5) |
| |
Demand |
3,97,230 |
29,297 |
34,353 |
32,590 |
71,213 |
76,860 |
| |
Time @ |
20,69,817 |
32,942 |
1,61,759 |
3,25,409 |
2,15,147 |
4,08,940 |
| Bank Credit |
18,20,238 |
39,606 |
2,55,045 |
3,13,161 |
3,40,139 |
4,12,984 |
| |
|
|
(2.2) |
(22.1) |
(20.8) |
(31.9) |
(29.3) |
| |
Food Credit |
43,898 |
1,827 |
856 |
3,207 |
–263 |
3,026 |
| |
Non-food credit |
17,76,340 |
37,779 |
2,54,188 |
3,09,954 |
3,40,403 |
4,09,958 |
| @ : Data reflect redemption of India Millennium Deposits (IMDs) on December 29 , 2005. |
| 5. Accommodation Provided by Scheduled Commercial Banks to Commercial Sector in the form of Bank Credit and Investments in Shares/Debentures/Bonds/Commercial Paper etc. |
| (Rs. crore) |
| Item |
2006 - 2007 |
2005 - 2006 |
| Outstanding as on |
Variation
(3) - (2) |
Outstanding as on |
Variation |
| 2006 |
2007 |
2005 |
2006 |
(6) - (5) |
| |
Mar. 31 |
Feb. 16 |
|
Apr. 1 |
Feb. 17 |
|
| 1 |
2 |
3 |
4 |
5 |
6 |
7 |
| 4. Total (1B + 2 + 3) |
15,45,851 |
18,47,617 |
3,01,766 |
12,05,679 |
14,40,409 |
2,34,730 |
| @ : Upto February 2, 2007. + : Upto February 3, 2006. ++ : Upto April 30, 2005.
Notes :
1. Data on investments are based on Statutory Section 42(2) Returns.
2. Figures in brackets are percentage variations.
3. Includes the impact of mergers since May 3, 2002. |
| 7. Money Stock: Components and Sources |
| (Rs. crore) |
| Item |
Outstanding
As on |
Variation over |
| Fortnight |
Financial year so far |
Year-on-year |
| |
|
2006 |
2007 |
|
|
2005-2006 |
2006-2007 |
2006 |
2007 |
| |
|
Mar. 31# |
Feb. 16# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
| 1 |
|
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
| M3 |
|
27,29,535 |
31,42,000 |
32,062 |
1.0 |
2,47,282 |
10.6 |
4,12,465 |
15.1 |
3,61,729 |
16.3 |
5,62,052 |
21.8 |
| Components (i+ii+iii+iv) |
| (i) |
Currency with the Public |
4,13,143 |
4,82,332 |
9,404 |
2.0 |
56,222 |
15.8 |
69,189 |
16.7 |
61,454 |
17.6 |
71,239 |
17.3 |
| (ii) |
Demand deposits with banks |
4,05,224 |
4,33,709 |
10,235 |
2.4 |
33,919 |
10.6 |
28,485 |
7.0 |
81,152 |
29.6 |
78,427 |
22.1 |
| (iii) |
Time deposits with banks @ |
19,04,290 |
22,21,147 |
12,812 |
0.6 |
1,58,639 |
9.6 |
3,16,857 |
16.6 |
2,18,666 |
13.8 |
4,12,395 |
22.8 |
| (iv) |
"Other" deposits with Reserve Bank |
6,879 |
4,813 |
–389 |
–7.5 |
–1,498 |
–23.7 |
–2,066 |
–30.0 |
457 |
10.5 |
–8 |
–0.2 |
| Sources (i+ii+iii+iv-v) |
| (i) |
Net Bank credit to Government (a+b) |
7,69,093 |
8,08,669 |
–95 |
— |
30,675 |
4.1 |
39,577 |
5.1 |
20,399 |
2.7 |
29,288 |
3.8 |
| |
(a) Reserve Bank |
8,136 |
–32 |
–12,661 |
|
52,417 |
|
–8,168 |
|
26,792 |
|
–24,786 |
|
| |
(b) Other Banks |
7,60,956 |
8,08,701 |
12,566 |
1.6 |
-21,742 |
-2.8 |
47,745 |
6.3 |
-6,393 |
-0.8 |
54,074 |
7.2 |
| (ii) |
Bank credit to commercial sector (a+b) |
16,90,961 |
20,09,932 |
16,207 |
0.8 |
2,52,524 |
19.0 |
3,18,971 |
18.9 |
3,50,057 |
28.4 |
4,26,149 |
26.9 |
| |
(a) Reserve Bank |
1,387 |
1,441 |
-403 |
-21.9 |
352 |
25.3 |
54 |
3.9 |
352 |
25.3 |
-300 |
-17.2 |
| |
(b) Other Banks |
16,89,574 |
20,08,491 |
16,610 |
0.8 |
2,52,173 |
19.0 |
3,18,917 |
18.9 |
3,49,706 |
28.4 |
4,26,449 |
27.0 |
| @ : Data reflect redemption of India Millennium Deposits (IMDs) on December 29 , 2005. |
Ajit Prasad
Manager
Press Release: 2006-2007/1222
|
