|
April 10, 2004
|
1.
Reserve Bank of India - Liabilities and Asset
|
|
(Rs.crore)
|
| |
2003
|
2004
|
Variation
|
|
Item
|
Apr. 4
|
Mar. 26
|
Apr. 2#
|
Week
|
Year
|
|
1
|
2
|
3
|
4
|
5
|
6
|
|
Loans and advances
|
|
|
|
|
|
|
Central Government
|
4,914
|
—
|
—
|
—
|
–4,914
|
|
State Governments
|
2,528
|
4,578
|
3,068
|
–1,510
|
540
|
|
2.
Foreign Exchange Reserves
|
|
|
|
Variation over
|
|
|
|
Item
|
As on Apr. 2, 2004
|
Week
|
End-March 2004
|
End-December 2003
|
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
|
4,93,085
|
1,12,690
|
–6,426
|
1,068
|
2,956
|
–269
|
22,613
|
9,539
|
1,34,205
|
36,984
|
|
of which :
|
|
|
|
|
|
|
|
|
|
|
|
(a) Foreign Currency Assets
|
4,69,104
|
1,07,175
|
–5,595
|
1,050*
|
2,889
|
–273
|
23,872
|
9,558
|
1,30,185
|
35,673
|
|
(b) Gold
|
18,216
|
4,198
|
–750
|
8
|
—
|
—
|
–1,009
|
–17
|
1,431
|
664
|
|
(c) SDRs
|
10
|
2
|
—
|
—
|
—
|
—
|
–3
|
–1
|
–9
|
–2
|
|
(d) Reserve Position in the IMF**
|
5,755
|
1,315
|
–81
|
10
|
67
|
4
|
–247
|
–1
|
2,598
|
649
|
* : 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)
|
| |
|
Outstanding
|
Variation
over
|
|
Item
|
as on 2004
|
Month
|
Financial
year so far
|
Year-on-year
|
| |
|
Mar. 26#
|
|
2002-2003
|
2003-2004
|
2003
|
2004
|
|
1
|
|
2
|
3
|
4
|
5
|
6
|
7
|
|
Liabilities to Others
|
|
|
|
|
|
|
| |
Aggregate deposits @
|
15,33,052
|
55,982
|
1,80,573
|
2,21,291
|
1,80,573
|
2,21,291
|
| |
|
|
(3.8)
|
(16.0)
|
(16.9)
|
(16.0)
|
(16.9)
|
| |
|
|
|
[16.6]
|
[18.9]
|
[16.6]
|
[18.9]
|
| |
Demand
|
2,39,741
|
37,483
|
18,734
|
51,904
|
18,734
|
51,904
|
| |
Time @
|
12,93,311
|
18,499
|
1,61,840
|
1,69,387
|
1,61,840
|
1,69,387
|
|
Bank Credit
|
8,56,685
|
38,597
|
1,37,378
|
1,10,253
|
1,37,378
|
1,10,253
|
| |
|
|
(4.7)
|
(22.6)
|
(14.8)
|
(22.6)
|
(14.8)
|
| |
Food Credit
|
36,514
|
877
|
–5,103
|
–12,884
|
–5,103
|
–12,884
|
| |
Non-food credit
|
8,20,171
|
37,720
|
1,42,481
|
1,23,137
|
1,42,481
|
1,23,137
|
@ : Includes Rs.25,662 crore on account of proceeds from India
Millennium Deposits (IMDs), since November 17, 2000. Data
also reflect redemption of Resurgent India Bonds (RIBs) of
Rs.22,693 crore, since October 1, 2003. Figures in italics
are percentage variations net of RIBs and IMDs as the case
may be |
|
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)
|
| |
2003 - 2004
|
2002 - 2003
|
| Item
|
Outstanding
as on
|
Variations
|
Outstanding
as on
|
Variations
|
|
2003
|
2004
|
(3) - (2)
|
2002
|
2003
|
(6) - (5)
|
| |
Mar. 21
|
Mar.19
|
|
Mar. 22
|
Mar.21
|
|
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
|
4. Total (1B + 2 + 3)
|
7,72,695
|
8,89,571
|
1,16,877
|
6,17,650
|
7,71,604
|
1,53,954
|
@ : Upto March 5, 2004.
@@ : Upto February 29, 2004. + : Upto March 7, 2003. ++ :
Upto February 28, 2003.|
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)
|
| |
|
Outstanding
|
Variation over
|
| |
|
as on
|
|
Financial year so far
|
Year-on-year
|
| |
|
2003
|
2004
|
Fortnight
|
2002-2003
|
2003-2004
|
2003
|
2004
|
| |
Item
|
Mar. 31#
|
Mar. 19#
|
Amount %
| |
Amount
|
%
|
Amount
|
%
|
Amount
|
%
|
Amount
|
%
|
|
1
|
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
11
|
12
|
13
|
|
M3
|
|
17,25,222
|
20,00,899
|
23,156
|
1.2
|
2,29,993
|
15.3
|
2,75,677
|
16.0
|
2,30,248
|
15.4
|
2,72,551
|
15.8
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
[16,95,551]
|
|
|
|
[2,00,322]
|
[13.4]
|
|
|
[2,00,577]
|
[13.4]
|
|
|
|
Components (i+ii+iii+iv)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(i)
|
Currency with the Public
|
2,70,983
|
3,18,058
|
2,515
|
0.8
|
33,416
|
13.9
|
47,076
|
17.4
|
31,670
|
13.1
|
43,848
|
16.0
|
|
(ii)
|
Demand deposits with banks
|
1,98,602
|
2,50,284
|
17,547
|
7.5
|
19,405
|
10.8
|
51,683
|
26.0
|
20,083
|
11.2
|
51,680
|
26.0
|
|
(iii)
|
Time deposits with banks @
|
12,52,396
|
14,27,799
|
2,259
|
0.2
|
1,76,711
|
16.4
|
1,75,403
|
14.0
|
1,77,889
|
16.6
|
1,75,575
|
14.0
|
| |
|
[12,22,725]
|
|
|
|
[1,47,040]
|
[13.7]
|
|
|
[1,48,218]
|
[13.8]
|
|
|
|
(iv)
|
"Other" deposits with Reserve Bank
|
3,242
|
4,758
|
835
|
21.3
|
461
|
16.2
|
1,516
|
46.7
|
606
|
22.4
|
1,448
|
43.7
|
|
Sources (i+ii+iii+iv-v)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(i)
|
Net Bank credit to Government (a+b)
|
6,78,059
|
7,25,880
|
–13,058
|
–1.8
|
77,271
|
13.1
|
47,821
|
7.1
|
87,795
|
15.2
|
59,044
|
8.9
|
| |
(a) Reserve Bank
|
1,20,679
|
27,483
|
–8,947
|
–24.6
|
–42,722
|
–28.1
|
–93,196
|
–77.2
|
–32,312
|
–22.8
|
–81,973
|
–74.9
|
| |
(b) Other Banks
|
5,57,379
|
6,98,397
|
–4,111
|
–0.6
|
1,19,993
|
27.4
|
1,41,017
|
25.3
|
1,20,107
|
27.5
|
1,41,017
|
25.3
|
|
(ii)
|
Bank credit to commercial sector (a+b)
|
9,06,612
|
10,18,109
|
16,303
|
1.6
|
1,47,026
|
19.4
|
1,11,497
|
12.3
|
1,47,235
|
19.4
|
1,11,436
|
12.3
|
| |
(a) Reserve Bank
|
3,048
|
2,043
|
–20
|
–1.0
|
–2,956
|
–49.9
|
–1,005
|
–33.0
|
–3,992
|
–57.3
|
–929
|
–31.3
|
| |
(b) Other Banks
|
9,03,564
|
10,16,066
|
16,323
|
1.6
|
1,49,983
|
19.9
|
1,12,503
|
12.5
|
1,51,227
|
20.1
|
1,12,365
|
12.4
|
|
@ : Includes Rs.25,662 crore on account of proceeds from
India Millennium Deposits (IMDs), since November 17, 2000.
Data also reflect redemption of Resurgent India Bonds (RIBs)
of Rs.22,693 crore, since October 1, 2003.
Figures in [ ] exclude the impact of mergers since May
3, 2002.
|
|
