March 27, 2004
1.
Reserve Bank of India - Liabilities and Asset
|
(Rs.crore)
|
|
2003
|
2004
|
Variation
|
Item
|
Mar. 21
|
Mar. 12
|
Mar. 19#
|
Week
|
Year
|
1
|
2
|
3
|
4
|
5
|
6
|
Loans and advances
|
|
|
|
|
|
Central Government
|
—
|
—
|
—
|
—
|
—
|
State Governments
|
3,205
|
1,712
|
4,219
|
2,507
|
1,014
|
2.
Foreign Exchange Reserves
|
|
|
Variation
over
|
|
|
Item
|
As on Mar. 19, 2004
|
Week
|
End-March
2003
|
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
|
4,97,430
|
1,09,998
|
1,289
|
402
|
1,39,150
|
34,570
|
32,960
|
8,163
|
1,45,315
|
36,177
|
of which :
|
|
(a) Foreign Currency Assets
|
4,78,454
|
1,05,806
|
1,289
|
402*
|
1,36,978
|
33,916
|
33,222
|
8,189
|
1,44,117
|
35,714
|
(b) Gold
|
18,966
|
4,190
|
—
|
—
|
2,181
|
656
|
–259
|
–25
|
1,207
|
465
|
(c) SDRs
|
10
|
2
|
—
|
—
|
–9
|
–2
|
–3
|
–1
|
–9
|
–2
|
Memo Item : RTP**
|
5,925
|
1,310
|
58
|
14
|
2,735
|
638
|
–77
|
–6
|
2,765
|
648
|
* : 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.
** : Foreign exchange reserves do not include India's Reserve
Tranche Position (RTP) with the International Monetary Fund
(IMF).
RTP may change, from time to time, due to India's transactions
under the Financial Transaction Plan with the IMF as well
as changes in SDR exchange rates vis-a-vis rupee and US dollar. |
3.
Scheduled Commercial Banks - Business in India
|
(Rs. crore)
|
|
|
Outstanding
|
Variation over
|
Item
|
as on 2004
|
Fortnight
|
Financial year
so far
|
Year-on-year
|
|
|
Mar. 05#
|
|
2002-2003
|
2003-2004
|
2003
|
2004
|
1
|
|
2
|
3
|
4
|
5
|
6
|
7
|
Liabilities to Others
|
|
|
|
|
|
|
|
Aggregate deposits @
|
14,82,130
|
12,377
|
1,76,175
|
2,01,276
|
1,87,877
|
2,02,595
|
|
|
|
(0.8)
|
(16.0)
|
(15.7)
|
(17.2)
|
(15.8)
|
|
|
|
|
[16.6]
|
[17.7]
|
[17.9]
|
[17.8]
|
|
Demand
|
2,04,307
|
1,819
|
11,486
|
34,017
|
19,584
|
39,773
|
|
Time @
|
12,77,823
|
10,559
|
1,64,689
|
1,67,259
|
1,68,293
|
1,62,822
|
Bank Credit
|
8,19,128
|
8,163
|
1,26,290
|
89,913
|
1,39,880
|
1,03,116
|
|
|
|
(1.0)
|
(21.4)
|
(12.3)
|
(24.3)
|
(14.4)
|
|
Food Credit
|
35,858
|
590
|
–4,262
|
–13,621
|
–4,189
|
–13,858
|
|
Non-food credit
|
7,83,270
|
7,573
|
1,30,552
|
1,03,534
|
1,44,068
|
1,16,974
|
@ : 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
|
|
Outstanding as
on
|
Variations
|
Outstanding as
on
|
Variations
|
Item
|
2003
|
2004
|
(3) - (2)
|
2002
|
2003
|
(6) - (5)
|
|
Mar. 21
|
Mar.05
|
|
Mar. 22
|
Mar.7
|
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
4. Total (1B + 2 + 3)
|
7,72,695
|
8,71,487
|
98,792
|
6,17,650
|
7,60,368
|
1,42,718
|
@ : Upto February 20, 2004. @@
: Upto January 31, 2004. + : Upto February 21, 2003. ++ :
Upto January 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
|
|
|
2003
|
2004
|
Fortnight
|
2002-2003
|
2003-2004
|
2003
|
2004
|
|
Item
|
Mar. 31#
|
Mar. 5#
|
Amount
|
%
|
Amount
|
%
|
Amount
|
%
|
Amount
|
%
|
Amount
|
%
|
1
|
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
11
|
12
|
13
|
M3
|
|
17,25,222
|
19,62,720
|
18,289
|
0.9
|
2,15,441
|
14.4
|
2,37,497
|
13.8
|
2,37,482
|
16.0
|
2,54,620
|
14.8
|
|
|
[16,95,551]
|
|
|
|
[1,94,823]
|
[13.0]
|
|
|
[2,07,537]
|
[14.0]
|
|
|
|
Components (i+ii+iii+iv)
|
(i)
|
Currency with the Public
|
2,70,983
|
3,15,543
|
2,586
|
0.8
|
33,936
|
14.1
|
44,561
|
16.4
|
30,873
|
12.7
|
40,813
|
14.9
|
(ii)
|
Demand deposits with banks
|
1,98,602
|
2,32,737
|
1,895
|
0.8
|
11,662
|
6.5
|
34,136
|
17.2
|
22,054
|
13.1
|
41,877
|
21.9
|
(iii)
|
Time deposits with banks @
|
12,52,396
|
14,25,539
|
10,712
|
0.8
|
1,79,533
|
16.7
|
1,73,143
|
13.8
|
1,84,266
|
17.2
|
1,70,494
|
13.6
|
|
|
[12,22,725]
|
|
|
|
[1,49,588]
|
[13.9]
|
|
|
[1,54,321]
|
[14.4]
|
|
|
(iv)
|
"Other" deposits with Reserve Bank
|
3,242
|
3,923
|
–170
|
–4.2
|
–362
|
–12.7
|
681
|
21.0
|
288
|
13.1
|
1,436
|
57.7
|
Sources (i+ii+iii+iv-v)
|
(i)
|
Net Bank credit to Government (a+b)
|
6,78,059
|
7,38,938
|
5,123
|
0.7
|
80,939
|
13.7
|
60,879
|
9.0
|
85,453
|
14.6
|
68,434
|
10.2
|
|
(a) Reserve Bank
|
1,20,679
|
36,430
|
–1,039
|
–2.8
|
–32,429
|
–21.3
|
–84,250
|
–69.8
|
–32,399
|
–21.3
|
–83,319
|
–69.6
|
|
(b) Other Banks
|
5,57,379
|
7,02,508
|
6,162
|
0.9
|
1,13,368
|
25.9
|
1,45,128
|
26.0
|
1,17,852
|
27.2
|
1,51,753
|
27.6
|
(ii)
|
Bank credit to commercial sector
(a+b)
|
9,06,612
|
10,01,806
|
8,068
|
0.8
|
1,31,481
|
17.3
|
95,194
|
10.5
|
1,47,196
|
19.8
|
1,10,677
|
12.4
|
|
(a) Reserve Bank
|
3,048
|
2,063
|
2
|
0.1
|
–2,705
|
–45.6
|
–985
|
–32.3
|
–3,696
|
–53.4
|
–1,161
|
–36.0
|
|
(b) Other Banks
|
9,03,564
|
9,99,743
|
8,066
|
0.8
|
1,34,187
|
17.8
|
96,179
|
10.6
|
1,50,892
|
20.5
|
1,11,838
|
12.6
|
@ : 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.
|
|