July 24, 2004
1.
Reserve Bank of India - Liabilities and Asset |
(Rs.crore)
| | 2003
| 2004 |
Variation |
Item |
Jul. 18 |
Jul. 9 |
Jul. 16# | Week |
Year |
1 | 2 |
3 |
4 |
5 |
6 |
Loans and advances |
| |
| |
| Central
Government | 2,528 |
3,629 |
1,319 |
–2,310 |
–1,209 | State
Governments | 5,423 |
3,234 |
3,662 |
428 |
–1,761 |
2. Foreign
Exchange Reserves | | |
Variation over |
Item | As
on Jul. 16, 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 |
Rs. Crore |
1
| 2
| 3
| 4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
|
Total Reserves |
5,59,071 |
1,21,106 |
6,303 |
328 |
68,942 |
8,147 |
88,599 |
17,955 |
1,65,720 |
36,039 |
(a) Foreign Currency
Assets | 5,34,358 |
1,15,737 |
6,265 |
332* |
68,143 |
8,289 |
89,126 |
18,120 |
1,62,679 |
35,339 |
(b) Gold |
18,655 |
4,057 |
— |
— |
439 |
–141 |
–570 |
–158 |
1,473 |
359 |
(c) SDRs |
9 |
2 |
1 |
— |
–1 |
— |
–4 |
–1 |
–16 |
–3 |
(d) Reserve Position in the IMF** |
6,049 |
1,310 |
37 |
–4 |
361 |
–1 |
47 |
–6 |
1,584 |
344 |
* : 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 | Fortnight
| Financial
year so far | Year-on-year
| | |
Jul. 9# |
| 2003-2004
| 2004-2005
| 2003
| 2004
| 1
| | 2
| 3
| 4
| 5
| 6
| 7
| Liabilities
to Others | | |
| | | |
| Aggregate
deposits @ | 15,68,671 |
8,739 |
63,864 |
64,255 |
1,44,748 |
2,23,954 |
| | |
(0.6) |
(5.0) |
(4.3) |
(12.1) |
(16.7) |
| Demand |
2,10,449 |
–2,105 |
3,205 |
–14,574 |
22,638 |
36,954 |
| Time @ |
13,58,223 |
10,843 |
60,659 |
78,829 |
1,22,109 |
1,87,000 |
Bank Credit |
8,82,312 |
4,904 |
–3,535 |
41,527 |
73,410 |
1,56,631 |
| | |
(0.6) |
(–0.5) |
(4.9) |
(11.3) |
(21.6) |
| Food Credit |
43,457 |
396 |
–5,891 |
7,496 |
–15,875 |
–131 |
| Non-food credit |
8,38,854 |
4,508 |
2,356 |
34,031 |
89,285 |
1,56,762 |
@
: 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. |
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) | |
2004 - 2005 |
2003 - 2004 |
|
Outstanding as on |
Variations |
Outstanding as on |
Variations |
Item |
2004 |
(3) - (2) |
2003 |
(6) - (5) |
| Mar.
19 | Jul.
9 | |
Mar. 21 |
Jul. 11 | |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
4. Total (1B + 2 + 3) |
8,94,178 |
9,26,164 |
31,986 |
7,72,695 |
7,71,234 |
–1,460 |
@ : Upto June 25, 2004. @@ : Upto May 31,
2004. + : Upto June 27, 2003. ++ : Upto May 31, 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 |
| |
2004 |
Fortnight |
2003-2004 |
2004-2005 |
2003 |
2004 |
| Item
| Mar.
31 | Jul.
9# |
Amount % | Amount
% | Amount
% | Amount
% | Amount
% | 1
| |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
M3 | | 20,03,102 |
20,88,458 |
11,442 |
0.6 |
92,771 |
5.4 |
85,355 |
4.3 |
1,94,682 |
12.0 |
2,77,727 |
15.3 | |
Components
(i+ii+iii+iv) |
(i) | Currency with
the Public | 3,15,493 |
3,30,235 |
1,197 |
0.4 | 18,433 |
6.8 | 14,743 |
4.7 | 31,710 |
12.3 | 40,221 |
13.9 |
(ii) |
Demand deposits with banks | 2,56,039 |
2,42,537 |
–2,081 |
–0.9 | 3,187 |
1.6 | –13,502 |
–5.3 | 26,038 |
14.8 | 40,593 |
20.1 |
(iii) |
Time deposits with banks @ | 14,26,451 |
15,11,043 |
11,340 |
0.8 | 70,673 |
5.7 | 84,592 |
5.9 | 1,37,232 |
11.7 | 1,95,991 |
14.9 |
(iv) |
"Other" deposits with Reserve Bank | 5,119 |
4,642 |
986 | 27.0 |
478 | 14.7 |
–477 | –9.3 |
–296 | –7.4 |
922 | 24.8 |
Sources (i+ii+iii+iv-v)
| (i)
| Net Bank credit to
Government (a+b) | 7,45,499 |
7,56,276 |
1,428 |
0.2 | 45,119 |
6.7 | 10,777 |
1.4 | 74,432 |
11.5 | 34,634 |
4.8 | |
(a) Reserve Bank | 44,907 |
1,270 |
–9,495 |
–88.2 |
–22,258 |
–18.4 |
–43,638 |
–97.2 |
–70,991 |
–41.9 |
–97,151 |
–98.7 | |
(b) Other Banks | 7,00,591 |
7,55,006 |
10,923 |
1.5 | 67,377 |
12.1 | 54,415 |
7.8 | 1,45,423 |
30.4 | 1,31,785 |
21.1 |
(ii) |
Bank credit to commercial sector (a+b) | 10,17,902 |
10,65,727 |
7,230 |
0.7 | 4,357 |
0.5 | 47,825 |
4.7 | 84,594 |
10.3 | 1,62,389 |
18.0 | |
(a) Reserve Bank | 2,061 |
1,889 |
— | — |
–85 | –2.8 |
–172 | –8.3 |
35 | 1.2 |
–1,074 |
–36.2 | |
(b) Other Banks | 10,15,841 |
10,63,837 |
7,230 |
0.7 | 4,442 |
0.5 | 47,997 |
4.7 | 84,559 |
10.4 | 1,63,463 |
18.2 |
@
: 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. | |