(Rs. crore)

Outstanding as on

Variation over

Fortnight

Financial year so far

Year-on-year

2002

2001-2002

2002-2003

2001

2002

Item

Mar. 31#

Oct. 4#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M₃

15,00,003

16,54,471

15,903

1.0

1,10,120

8.4

1,54,468

10.3

2,05,404

16.9

2,31,130

16.2

(14.8)

[16,11,879]

[1,11,876]

[7.5]

[1,88,538]

[13.2]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,399

2,49,994

–693

–0.3

10,564

5.0

8,594

3.6

20,324

10.2

29,879

13.6

(ii)

Demand deposits with banks

1,78,284

1,86,510

7,741

4.3

2,234

1.3

8,226

4.6

18,524

12.4

18,006

10.7

(iii)

Time deposits with banks@

10,77,470

12,14,084

8,421

0.7

97,397

10.4

1,36,614

12.7

1,66,161

19.2

1,82,917

17.7

[11,71,492]

[94,022]

[8.7]

[1,40,325]

[13.6]

(iv)

"Other" deposits with Reserve Bank

2,850

3,883

434

12.6

–75

–2.1

1,034

36.3

395

12.5

329

9.2

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

(i)

Net Bank credit to Government (a+b)

5,86,466

6,28,872

–2,714

–0.4

51,900

10.1

42,406

7.2

82,074

17.0

65,017

11.5

(a) Reserve Bank

1,52,178

1,24,113

–4,074

–3.2

3,493

2.3

–28,065

–18.4

–1,916

–1.2

–33,256

–21.1

(b) Other Banks

4,34,288

5,04,759

1,360

0.3

48,407

13.5

70,470

16.2

83,990

26.0

98,274

24.2

(ii)

Bank credit to commercial sector (a+b)

7,56,265

8,41,603

11,354

1.4

29,771

4.4

85,338

11.3

77,122

12.2

1,32,614

18.7

(a) Reserve Bank

5,929

2,972

46

1.6

–5,583

–42.0

–2,956

–49.9

–4,893

–38.8

–4,731

–61.4

(b) Other Banks

7,50,336

8,38,631

11,308

1.4

35,354

5.3

88,294

11.8

82,015

13.2

1,37,344

19.6

(iii)

Net foreign exchange assets of banking sector

3,14,733

3,57,052

2,993

0.8

22,344

8.9

42,320

13.4

62,104

29.6

84,889

31.2

(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

1,79,718

–4,270

–2.3

–5,654

–4.2

15,891

9.7

16,735

15.1

52,246

41.0

of which : Net non-monetary liabilities of RBI

1,01,220

1,11,554

235

0.2

14,158

17.8

10,334

10.2

21,239

29.4

18,051

19.3

@ : 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.