(Rs. crore)

Source

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

2006-07

2007-08

2008-09

March 14, 2008

March 28, 2008

1

2

3

4

5

6

1.

Net Bank Credit to Government (A+B)

8,34,235

9,05,847

12,83,165

8,68,424

8,50,767

A.

RBI’s net credit to Government (i-ii)

2,423

-1,13,209

69,913

-1,61,454

-1,68,235

(i)

Claims on Government (a+b)

97,512

1,16,194

1,58,132

56,079

83,843

(a) Central Government (1)

97,184

1,14,725

1,57,488

56,079

83,843

(b) State Governments

328

1,468

644

-

-

(ii)

Government deposits with RBI (a+b)

95,089

2,29,403

88,218

2,17,532

2,52,078

(a) Central Government

95,048

2,29,361

88,177

2,17,491

2,52,037

(b) State Governments

41

41

41

41

41

B.

Other Banks’ Credit to Government

8,31,812

10,19,056

12,13,252

10,29,877

10,19,003

2.

Bank Credit to Commercial Sector(A+B)

21,30,078

25,77,137

30,12,673

24,88,232

25,75,581

A.

RBI’s credit to commercial sector (2)

1,537

1,788

13,820

1,383

1,879

B.

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

21,28,541

25,75,349

29,98,853

24,86,849

25,73,703

(i)

Bank credit by commercial banks

19,31,189

23,61,914

27,70,012

22,77,640

23,61,914

(ii)

Bank credit by co-operative banks

1,78,229

1,96,695

2,07,464

1,92,507

1,95,030

(iii)

Investments by commercial and co-operative banks in other securities

19,123

16,740

21,376

16,703

16,759

3.

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

9,13,179

12,95,131

13,22,847

12,67,628

12,96,718

A.

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

8,66,153

12,36,130

12,80,116

12,37,461

12,37,716

(i)

Gross foreign assets

8,66,170

12,36,147

12,80,133

12,37,479

12,37,734

(ii)

Foreign liabilities

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

47,026

59,001

42,731

30,167

59,001

4.

Government’s Currency Liabilities to the Public

8,161

9,224

9,984

9,137

9,224

5.

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

5,69,660

7,69,767

8,70,165

7,43,591

7,21,762

A.

Net non-monetary liabilities of RBI(3)

1,77,019

2,10,221

3,96,289

2,23,048

2,15,505

B.

Net non-monetary liabilities of other
banks(residual)

3,92,641

5,59,546

4,73,877

5,20,543

5,06,257

M₃   (1+2+3+4-5)

33,15,993

40,17,573

47,58,504

38,89,830

40,10,528

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

(Rs.crore)

Source

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

November
2008

December
2008

January 2009

February
2009

March 13, 2009

March 27, 2009

1

8

9

10

11

12

13

1.

Net Bank Credit to Government (A+B)

10,55,253

11,02,280

11,77,182

11,97,044

12,28,861

12,46,097

A.

RBI’s net credit to Government (i-ii)

-61,506

-31,632

-46,952

-39,791

-3,278

32,845

(i)

Claims on Government (a+b)

81,002

88,560

61,954

62,342

84,941

1,22,068

(a) Central Government (1)

80,964

88,255

61,174

62,099

84,941

1,22,068

(b) State Governments

39

305

779

243

-

(ii)

Government deposits with RBI (a+b)

1,42,508

1,20,192

1,08,906

1,02,133

88,219

89,223

(a)   Central Government

1,42,467

1,20,151

1,08,864

1,02,091

88,178

88,178

(b) State Governments

41

41

41

41

41

1,045

B.

Other Banks’ Credit to Government

11,16,759

11,33,913

12,24,134

12,36,834

12,32,139

12,13,252

2.

Bank Credit to Commercial Sector(A+B)

28,43,044

28,56,874

28,58,871

29,01,670

29,23,100

30,09,987

A.

RBI’s credit to commercial sector (2)

1,514

1,381

4,399

6,841

8,103

11,134

B.

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

28,41,529

28,55,494

28,54,472

28,94,830

29,14,998

29,98,853

(i)

Bank credit by commercial banks

26,33,180

26,43,734

26,37,780

26,68,090

26,90,513

27,70,012

(ii)

Bank credit by co-operative banks

1,93,425

1,96,917

2,03,199

2,05,624

2,03,225

2,07,464

(iii)

Investments by commercial and co-operative banks in other securities

14,924

14,843

13,493

21,115

21,259

21,376

3.

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

12,45,691

12,36,799

12,57,323

13,03,156

13,22,711

13,14,447

A.

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

12,26,829

11,94,068

12,14,592

12,60,424

12,79,980

12,71,716

(i)

Gross foreign assets

12,26,847

11,94,086

12,14,609

12,60,442

12,79,997

12,71,734

(ii)

Foreign liabilities

17

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

18,862

42,731

42,731

42,731

42,731

42,731

4.

Government’s Currency Liabilities to the Public

9,787

9,841

9,817

9,984

9,984

9,984

5.

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

7,69,620

7,69,109

7,49,702

7,69,144

8,28,648

8,22,611

A.

Net non-monetary liabilities of RBI(3)

3,24,871

2,98,807

3,13,735

3,56,854

3,88,606

3,90,215

B.

Net non-monetary liabilities of other banks(residual)

4,44,749

4,70,302

4,35,967

4,12,290

4,40,042

4,32,396

M₃ (1+2+3+4-5)

43,84,156

44,36,686

45,53,490

46,42,710

46,56,009

47,57,905

Note : 1. 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.
          2. Government Balances as on March 31, 2009 are before closure of accounts.
          3. Net Foreign Exchange Assets of the RBI includes investments in foreign currency denominated bonds issued by IIFC (UK) since March 20, 2009.
Also see ‘Notes on Tables’.