(Rs. crore)

Outstanding as on

Variation over

2002

Fortnight

Financial year so far

Year-on-year

2001-2002

2002-2003

2001

2002

Item

Mar. 31#

Aug. 23#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M₃

15,00,003

16,30,654

6,500

0.4

80,172

6.1

1,30,652

8.7

2,09,445

17.7

2,37,262

17.0

(15.5)

[15,88,062]

[88,060]

[5.9]

[1,94,670]

[14.0]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,399

2,51,347

–2,370

–0.9

9,979

4.8

9,948

4.1

24,187

12.4

31,819

14.5

(ii)

Demand deposits with banks

1,78,284

1,78,020

2,768

1.6

126

0.1

–264

–0.1

22,678

15.8

11,625

7.0

(iii)

Time deposits with banks@

10,77,470

11,97,734

6,086

0.5

70,044

7.5

1,20,264

11.2

1,63,098

19.4

1,93,920

19.3

[11,55,142]

[77,672]

[7.2]

[1,51,328]

[15.1]

(iv)

"Other" deposits with Reserve Bank

2,850

3,553

16

0.5

24

0.7

704

24.7

–517

–12.4

–101

–2.8

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

(i)

Net Bank credit to Government (a+b)

5,86,466

6,35,120

–8,858

–1.4

42,517

8.3

48,654

8.3

84,285

17.9

80,649

14.5

(a) Reserve Bank

1,52,178

1,34,207

–19,930

–12.9

2,256

1.5

–17,971

–11.8

5,348

3.5

–21,926

–14.0

(b) Other Banks

4,34,288

5,00,914

11,072

2.3

40,261

11.2

66,625

15.3

78,937

24.7

1,02,575

25.8

(ii)

Bank credit to commercial sector (a+b)

7,56,265

8,20,430

–867

–0.1

10,404

1.5

64,165

8.5

77,607

12.7

1,30,808

19.0

(a) Reserve Bank

5,929

2,926

–12

–0.4

–4,030

–30.3

–3,003

–50.7

–3,624 –28.1

–6,331

–68.4

(b) Other Banks

7,50,336

8,17,505

–855

–0.1

14,434

2.2

67,168

9.0

81,231

13.6

1,37,139

20.2

(iii)

Net foreign exchange assets of banking sector

3,14,733

3,46,896

4,039

1.2

8,822

3.5

32,163

10.2

53,037

25.8

88,255

34.1

(iv)

Government's currency liabilities to the public

6,366

6,456

—

—

367

6.9

89

1.4

828

16.9

735

12.8

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,63,828

1,78,248

–12,186

–6.4

–18,063

–13.6

14,421

8.8

6,311

5.8

63,185

54.9

of which : Net non-monetary liabilities of RBI

1,01,220

1,09,292

–10,416

–8.7

5,911

7.4

8,072

8.0

13,323

18.5

24,036

28.2

@ : Includes Rs.17,945 crore on account of proceeds from Resurgent India Bonds (RIBs), since August 28, 1998 and Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000.

Figures in parentheses are exclusive of IMDs.

Figures in [ ] exclude the impact of mergers since May 3, 2002.