(Rs. crore)

Outstandings as on March 31/reporting Fridays of the
month/last reporting Friday of the month

Source

2004-2005

2005-2006

2006-2007

April 1,
2005

July 7,
2006

July 21,
2006

1

2

3

4

5

6

7

1. Net Bank Credit to Government (A+B)

7,56,766

7,66,595

8,38,177

7,48,707

8,08,715

8,04,816

(7,44,574)

(7,36,514)

A.

RBI’s net credit to Government (i-ii)

-17,975

8,136

5,752

-27,662

-2,191

-1,237

(i)

Claims on Government (a+b)

61,970

73,540

1,00,800

36,700

32,710

36,631

(a) Central Government (1)

56,687

70,563

97,184

36,107

32,516

36,631

(b) State Governments

5,283

2,977

3,616

593

194

0

(ii)

Government deposits with RBI (a+b)

79,945

65,404

95,048

64,362

34,901

37,868

(a) Central Government

79,945

65,404

95,048

64,321

34,860

37,827

(b) State Governments

—

—

—

41

41

41

B.

Other Banks’ Credit to Government

7,74,741

7,58,459

8,32,425

7,76,369

8,10,906

8,06,053

2. Bank Credit to Commercial Sector (A+B)

12,80,249

16,93,004

21,23,362

13,31,258

17,28,361

17,37,265

(12,47,367)

(12,98,376)

A.

RBI’s credit to commercial sector (2)

1,390

1,387

1,537

1,390

1,384

1,384

B.

Other banks’ credit to commercial

12,78,859

16,91,617

21,21,825

13,29,869

17,26,977

17,35,881

sector (i+ii+iii)

(i)

Bank credit by commercial banks

11,00,428

15,07,077

19,28,913

11,52,210

15,40,895

15,48,107

(ii)

Bank credit by co-operative banks

1,53,508

1,63,731

1,74,231

1,53,419

1,65,774

1,67,722

(iii)

Investments by commercial and

co-operative banks in other securities

24,923

20,809

18,681

24,240

20,308

20,052

3. Net Foreign Exchange Assets of

Banking Sector (A+B)

6,49,255

7,26,194

9,13,179

6,47,903

7,88,837

8,00,324

A.

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

6,12,790

6,72,983

8,66,153

6,11,438

7,49,385

7,60,872

(i)

Gross foreign assets

6,12,808

6,73,001

8,66,170

6,11,456

7,49,403

7,60,889

(ii)

Foreign liabilities

17

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

36,465

53,211

47,026

36,465

39,452

39,452

4. Government’s Currency
Liabilities to the Public

7,448

8,754

8,286

7,448

7,833

7,885

5. Banking Sector’s net Non-monetary

Liabilities Other than Time Deposits (A+B)

4,42,269

4,65,002

5,72,727

4,02,649

5,08,714

5,13,812

A.

Net non-monetary liabilities of RBI (3)

119,776

1,24,001

1,80,348

1,23,214

1,77,084

1,88,484

B.

Net non-monetary liabilities of other

banks (residual)

3,22,493

3,41,001

3,92,379

2,79,435

3,31,630

3,25,328

(1+2+3+4-5)

22,51,449

27,29,545

33,10,278

23,32,667

28,25,033

28,36,479

M3

(22,30,675)

(23,11,893)

(Rs.crore)

Outstandings as on March 31/reporting Fridays of the
month/last reporting Friday of the month

Source

March

April

May

June

July 6,

July 20,

2007

2007

2007

2007

2007

2007

1

8

9

10

11

12

13

1. Net Bank Credit to
Government (A+B)

8,38,177

8,64,937

8,58,652

8,57,153

9,13,087

9,12,604

A.

RBI’s net credit to Government (i-ii)

5,752

18,546

6,304

-19,731

28,167

21,884

(i)

Claims on Government (a+b)

1,00,800

94,612

93,764

63,028

1,08,511

1,07,052

(a)Central Government (1)

97,184

94,016

92,949

63,028

1,08,149

1,06,138

(b)State Governments

3,616

596

816

—

361

914

(ii)

Government deposits with RBI (a+b)

95,048

76,066

87,461

82,759

80,344

85,168

(a)Central Government

95,048

76,025

87,419

82,717

80,303

85,127

(b)State Governments

—

41

41

41

41

41

B.

Other Banks’
Credit to Government

8,32,425

8,46,392

8,52,348

8,76,884

8,84,920

8,90,720

2. Bank Credit to Commercial
Sector (A+B)

21,23,362

20,89,308

20,85,155

20,98,299

21,15,497

21,17,917

A.

RBI’s credit to commercial
sector (2)

1,537

1,386

1,386

1,386

1,383

1,383

B.

Other banks’ credit to commercial

sector (i+ii+iii)

21,21,825

20,87,922

20,83,769

20,96,913

21,14,114

21,16,533

(i)

Bank credit by commercial banks

19,28,913

18,89,557

18,86,520

18,95,801

19,14,527

19,14,456

(ii)

Bank credit by co-operative banks

1,74,231

1,74,090

1,73,111

1,76,752

1,75,468

1,78,011

(iii)

Investments by commercial and

co-operative banks in other securities

18,681

24,275

24,138

24,360

24,119

24,066

3. Net Foreign Exchange
Assets of

Banking Sector (A+B)

9,13,179

8,85,156

8,77,660

9,10,435

9,14,552

9,40,914

A.

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

8,66,153

8,38,129

8,30,634

8,63,408

8,67,526

8,93,888

(i)

Gross foreign assets

8,66,170

8,38,147

8,30,651

8,63,426

8,67,543

8,93,905

(ii)

Foreign liabilities

17

17

17

17

17

17

B.

Other banks’ net foreign
exchange assets

47,026

47,026

47,026

47,026

47,026

47,026

4. Government’s Currency
Liabilities to the Public

8,286

8,342

8,457

8,457

8,457

8,457

5. Banking Sector’s net
Non-monetary

Liabilities Other than Time
Deposits (A+B)

5,72,727

5,25,944

5,04,065

4,85,428

5,16,951

5,28,822

A.

Net non-monetary liabilities
of RBI (3)

1,80,348

1,41,187

1,25,193

1,33,451

1,64,841

1,72,948

B.

Net non-monetary liabilities
of other

banks (residual)

3,92,379

3,84,757

3,78,872

3,51,976

3,52,110

3,55,874

M3 (1+2+3+4-5)

33,10,278

33,21,799

33,25,860

33,88,916

34,34,643

34,51,070

Notes :
1. Figures in brackets exclude the impact of mergers and conversion since May 3, 2002 and
October 11, 2004, respectively.
2. 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.
3. Last reporting Friday for 2005-06 was as on March 31, 2006 and coincided with the closing day for banks’ annual accounts while last reporting Friday for 2004-05 was as on March 18, 2005. Data on fiscal year variation for 2005-06 are, thus, not comparable with those of the other years as the data for 2005-06 include 27 fortnights while usually the data include 26 fortnights. Also see ‘Notes on Tables’.