(Rs. crore)

Outstandings as on March 31/Reporting Fridays of the Month/Last Reporting Friday of the Month

2005-06

2006-07

2007-08

February 1, 2008

February 15, 2008

February 29, 2008

1

2

3

4

5

6

7

1.

Net Bank Credit to Government (A+B)

7,65,058

8,34,235

9,07,077

8,66,925

8,51,212

8,63,026

A.

RBI’s net credit to Government (i-ii)

6,599

2,423

-1,13,209

-1,28,558

-1,78,091

-1,72,322

(i)

Claims on Government (a+b)

72,044

97,512

1,16,194

81,466

49,671

51,446

(a) Central Government (1)

70,563

97,184

1,14,725

81,466

49,637

51,446

(b) State Governments

1,481

328

1,468

-

34

-

(ii)

Government deposits with RBI (a+b)

65,445

95,089

2,29,403

2,10,024

2,27,763

2,23,768

(a) Central Government

65,404

95,048

2,29,361

2,09,982

2,27,722

2,23,727

(b) State Governments

41

41

41

41

41

41

B.

Other Banks’ Credit to Government

7,58,459

8,31,812

10,20,286

9,95,483

10,29,303

10,35,348

2.

Bank Credit to Commercial Sector(A+B)

16,93,004

21,30,078

25,69,912

24,15,056

24,22,673

24,64,438

A.

RBI’s credit to commercial sector (2)

1,387

1,537

1,788

1,453

1,383

1,703

B.

Other banks’ credit to commercial sector (i+ii+iii)

16,91,617

21,28,541

25,68,124

24,13,604

24,21,290

24,62,735

(i)

Bank credit by commercial banks

15,07,077

19,31,189

23,61,914

22,10,316

22,14,020

22,54,760

(ii)

Bank credit by co-operative banks

1,63,731

1,78,229

1,89,776

1,86,523

1,90,593

1,91,315

(iii)

Investments by commercial and co-operative banks in other securities

20,809

19,123

16,435

16,764

16,677

16,660

3.

Net Foreign Exchange Assets of Banking Sector (A+B)

7,26,194

9,13,179

12,95,131

11,80,437

11,89,708

12,30,975

A.

RBI’s net foreign exchange assets (i-ii)(3)

6,72,983

8,66,153

12,36,130

11,50,270

11,59,541

12,00,808

(i)

Gross foreign assets

6,73,001

8,66,170

12,36,147

11,50,287

11,59,558

12,00,825

(ii)

Foreign liabilities

17

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

53,211

47,026

59,001

30,167

30,167

30,167

4.

Government’s Currency Liabilities to the Public

8,754

8,261

9,324

9,051

9,051

9,137

5.

Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B)

4,63,464

5,69,660

7,74,723

6,08,036

6,45,333

6,86,843

A.

Net non-monetary liabilities of RBI(3)

1,22,463

1,77,019

2,10,206

1,56,208

1,61,790

1,89,573

B.

Net non-monetary liabilities of other banks(residual)

3,41,001

3,92,641

5,64,517

4,51,827

4,83,543

4,97,270

M₃ (1+2+3+4-5)

27,29,545

33,16,093

40,06,722

38,63,433

38,27,311

38,80,734

No. 11: Sources of Money Stock (M₃) (Concld.)

(Rs.crore)

Outstandings as on March 31/Reporting Fridays of the Month/Last Reporting Friday of the Month

October 2008

November 2008

December 2008

January 2009

February 13, 2009

February 27, 2009

1

8

9

10

11

12

13

1.

Net Bank Credit to Government (A+B)

9,96,315

10,57,176

10,99,763

11,67,224

11,91,412

11,97,044

A.

RBI’s net credit to Government (i-ii)

-1,08,911

-61,506

-31,632

-46,952

-29,814

-39,791

(i)

Claims on Government (a+b)

56,418

81,002

88,560

61,954

73,274

62,342

(a) Central Government (1)

56,113

80,964

88,255

61,174

73,274

62,099

(b) State Governments

305

39

305

779

-

243

(ii)

Government deposits with RBI (a+b)

1,65,329

1,42,508

1,20,192

1,08,906

1,03,088

1,02,133

(a)   Central Government

1,65,288

1,42,467

1,20,151

1,08,864

1,03,047

1,02,091

(b) State Governments

41

41

41

41

41

41

B.

Other Banks’ Credit to Government

11,05,226

11,18,682

11,31,395

12,14,176

12,21,226

12,36,834

2.

Bank Credit to Commercial Sector(A+B)

28,30,538

28,46,690

28,68,626

28,65,132

28,77,090

29,01,670

A.

RBI’s credit to commercial sector (2)

1,381

1,514

1,381

4,399

5,749

6,841

B.

Other banks’ credit to commercial sector (i+ii+iii)

28,29,157

28,45,176

28,67,246

28,60,734

28,71,341

28,94,830

(i)

Bank credit by commercial banks

26,15,981

26,33,180

26,44,528

26,36,338

26,46,783

26,68,090

(ii)

Bank credit by co-operative banks

1,97,285

1,97,285

2,01,391

2,03,199

2,03,361

2,05,624

(iii)

Investments by commercial and co-operative banks in other securities

15,891

14,710

21,327

21,197

21,197

21,115

3.

Net Foreign Exchange Assets of Banking Sector (A+B)

13,04,772

12,45,691

12,12,930

12,33,454

12,31,564

12,79,286

A.

RBI’s net foreign exchange assets (i-ii)(3)

12,85,910

12,26,829

11,94,068

12,14,592

12,12,701

12,60,424

(i)

Gross foreign assets

12,85,927

12,26,847

11,94,086

12,14,609

12,12,719

12,60,442

(ii)

Foreign liabilities

17

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

18,862

18,862

18,862

18,862

18,862

18,862

4.

Government’s Currency Liabilities to the Public

9,731

9,787

9,787

9,787

9,787

9,787

5.

Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B)

8,00,216

7,83,268

7,60,839

7,21,448

7,19,664

7,45,257

A.

Net non-monetary liabilities of RBI(3)

3,33,113

3,24,867

2,98,753

3,13,700

3,10,731

3,56,836

B.

Net non-monetary liabilities of other banks(residual)

4,67,103

4,58,400

4,62,086

4,07,747

4,08,933

3,88,421

M₃ ( (1+2+3+4-5)

43,41,140

43,76,077

44,30,268

45,54,150

45,90,189

46,42,531

Notes : Monetary aggregates as at end-March incorporate data on i) scheduled commercial banks as on last reporting Friday and ii) the Reserve Bank of India pertaining to the last working day of the fiscal year.
Also see ‘Notes on Tables’.