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5. Accommodation Provided by Scheduled Commercial Banks to Commercial Sector in the form of Bank Credit and Investments in Shares/Debentures/Bonds/Commercial Paper etc.
82540067

5. Accommodation Provided by Scheduled Commercial Banks to Commercial Sector in the form of Bank Credit and Investments in Shares/Debentures/Bonds/Commercial Paper etc.

(Rs. crore)
Item 1998-99 1997-98
Outstanding as on Variations (3) - (2) Outstanding as on Variations (6) - (5)
1998 1997
Mar. 27 Sept. 11 Mar. 28 Sept. 12
1 2 3 4 5 6 7
1. Bank Credit 3,24,079 3,23,820 -258 2,78,401 2,76,352 -2,049



(-0.1)

(-0.7)
A. Food Credit 12,485 16,025 3,540 7,597 8,700 1,103
B. Non-Food Credit 3,11,594 3,07,795 -3,798 2,70,805 2,67,652 -3,153


(-1.2)
(-1.2)
2. Investments £ 33,084 40,014@ 6,930 19,411 24,827+ 5,416
A. Commercial Paper 2,070 4,463 2,392 652 2,262 1,611
B. Bonds/Debentures/Preference Shares issued by 29,545 33,963 4,419 17,573 21,340 3,768
a. Public Sector Undertakings 20,013 21,465 1,453 15,209 17,301 2,091
b. Private Corporate Sector 9,532 12,498 2,966 2,363 4,039 1,676
C. Equity Shares issued by PSUs and Private Corporate Sector 1,425 1,524 99 1,158 1,196 38
D. Loans to Corporates against shares held by them to enable them to meet the promoters' contribution to the euity of new companies in anticipation of raising resources 44 64 20 29 29 -
3. Bills rediscounted with Financial Institutions 229 435@@ 206 1,029 426++ -603
4. Total of (1B + 2 + 3) 3,44,907 3,48,244 3,338 2,91,245 2,92,905 1,660
* : Subject to changes as a result of introduction of common valuation method and uniform classification.
@ : Upto August 14, 1998.
@@ : Upto July 31, 1998.
+ : Upto August 15, 1997.
++ : Upto July 31, 1997.
£ : In view of inadequate availability of latest data, the information about investments have been repeated.
Note : 1. Figures in brackets are percentage variations.
2. Data on Investments are Provisional and Tentative.

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