(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#

Sep. 20#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

15,00,003

16,38,568

1,529

0.1

93,997

7.2

1,38,565

9.2

2,03,963

17.0

2,31,351

16.4

(14.8)

[15,95,976]

[95,973]

[6.4]

[1,88,759]

[13.4]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,399

2,50,686

–1,440

–0.6

8,787

4.2

9,287

3.8

23,533

12.1

32,349

14.8

(ii)

Demand deposits with banks

1,78,284

1,78,769

–507

–0.3

–4,133

–2.5

485

0.3

14,088

9.5

16,632

10.3

(iii)

Time deposits with banks@

10,77,470

12,05,663

3,518

0.3

89,654

9.6

1,28,194

11.9

1,66,608

19.4

1,82,239

17.8

[11,63,071]

[85,602]

[7.9]

[1,39,647]

[13.6]

(iv)

"Other" deposits with Reserve Bank

2,850

3,449

–41

–1.2

–311

–8.6

600

21.0

–267

–7.4

131

3.9

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

(i)

Net Bank credit to Government (a+b)

5,86,466

6,31,586

–6,817

–1.1

48,527

9.5

45,120

7.7

86,843

18.3

71,104

12.7

(a) Reserve Bank

1,52,178

1,28,187

–12,445

–8.8

–1,847

–1.2

–23,991

–15.8

80

0.1

–23,843

–15.7

(b) Other Banks

4,34,288

5,03,399

5,628

1.1

50,374

14.1

69,111

15.9

86,763

27.0

94,947

23.2

(ii)

Bank credit to commercial sector (a+b)

7,56,265

8,30,249

3,994

0.5

15,495

2.3

73,984

9.8

74,827

12.1

1,35,535

19.5

(a) Reserve Bank

5,929

2,927

1

—

–2,785

–21.0

–3,002

–50.6

–859

–7.6

–7,575

–72.1

(b) Other Banks

7,50,336

8,27,323

3,994

0.5

18,280

2.7

76,986

10.3

75,686

12.4

1,43,110

20.9

(iii)

Net foreign exchange assets of banking sector

3,14,733

3,54,060

1,734

0.5

20,909

8.4

39,327

12.5

60,740

28.9

83,332

30.8

(iv)

Government's currency liabilities to the public

6,366

6,661

—

—

451

8.4

295

4.6

839

16.9

857

14.8

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,63,828

1,83,989

–2,618

–1.4

–8,615

–6.5

20,161

12.3

19,286

18.3

59,477

47.8

of which : Net non-monetary liabilities of RBI

1,01,220

1,11,319

–226

–0.2

12,444

15.7

10,099

10.0

20,474

28.7

19,530

21.3

@ : 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.