(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2002

Fortnight

2001-2002

2002-2003

2001

2002

Item

Mar. 31#

Dec. 27#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M₃

15,00,003

16,80,070

–1,619

–0.1

1,38,513

10.5

1,80,068

12.0

1,79,321

14.1

2,28,337

15.7

[16,37,478]

[1,37,476]

[9.2]

[1,85,745]

[12.8]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,399

2,61,383

–3,342

–1.3

20,201

9.6

19,984

8.3

25,903

12.7

31,631

13.8

(ii)

Demand deposits with banks

1,78,284

1,88,607

2,369

1.3

6,446

3.9

10,323

5.8

10,944

6.8

15,891

9.2

(iii)

Time deposits with banks@

10,77,470

12,27,518

–308

—

1,12,975

12.1

1,50,049

13.9

1,42,145

15.7

1,80,772

17.3

[11,84,926]

[1,07,457]

[10.0]

[1,38,180]

[13.2]

(iv)

"Other" deposits with Reserve Bank

2,850

2,562

–339

–11.7

–1,110

–30.6

–288

–10.1

330

15.1

42

1.7

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

(i)

Net Bank credit to Government (a+b)

5,86,466

6,36,765

–17,032

–2.6

60,205

11.8

50,299

8.6

79,239

16.1

64,605

11.3

(a) Reserve Bank

1,52,178

1,10,760

–12,262

–10.0

–5,893

–3.8

–41,418

–27.2

466

0.3

–37,224

–25.2

(b) Other Banks

4,34,288

5,26,005

–4,769

–0.9

66,098

18.5

91,717

21.1

78,773

22.8

1,01,829

24.0

(ii)

Bank credit to commercial sector (a+b)

7,56,265

8,54,947

2,983

0.4

48,857

7.2

98,682

13.0

70,138

10.7

1,26,871

17.4

(a) Reserve Bank

5,929

2,963

3

0.1

–2,457

–18.5

–2,965

–50.0

–2,694

–19.9

–7,866

–72.6

(b) Other Banks

7,50,336

8,51,984

2,981

0.4

51,314

7.7

1,01,648

13.5

72,832

11.3

1,34,737

18.8

(iii)

Net foreign exchange assets of banking sector

3,14,733

3,83,872

7,936

2.1

33,055

13.2

69,139

22.0

48,240

20.6

1,00,997

35.7

(iv)

Government's currency liabilities to the public

6,366

6,851

—

—

723

13.5

485

7.6

1,011

20.0

774

12.7

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,63,828

2,02,364

–4,494

–2.2

4,328

3.3

38,537

23.5

19,307

16.3

64,910

47.2

of which : Net non-monetary liabilities of RBI

1,01,220

1,20,932

1,472

1.2

17,438

22.0

19,713

19.5

15,000

18.3

24,149

25.0

@ :

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