(Rs. crore)

Outstanding as on March 31/reporting Fridays of the

month/last reporting Friday of the month

Source

1990-91

1996-97

1997-98

1998-99 *

May 8,

May 22,

Jan.

Feb.

Mar.

Apr.

May 7,

May 21,

1998

1998

1999

1999

1999

1999

1999

1999

1

2

3

4

5

6

7

8

9

10

11

12

13

1.

Net Bank Credit to Government (A + B)

1,40,193

2,88,620

3,30,592

3,86,672

3,50,690

3,48,190

3,82,769

3,86,870

3,86,672

3,98,872

4,05,534

4,04,847

A.

RBI’s net credit to Government (i - ii)

88,848

1,24,181

1,35,160

1,52,539

1,47,322

1,42,112

1,51,796

1,54,369

1,52,539

1,55,963

1,58,103

1,55,179

(i)

Claims on Government (a + b)

90,534

1,26,252

1,37,839

1,55,466

1,47,386

1,42,177

1,51,858

1,54,430

1,55,466

1,56,090

1,58,237

1,55,306

(a) Central Government (1)

88,444

1,22,773

1,36,296

1,48,343

1,46,989

1,41,715

1,50,545

1,52,746

1,48,343

1,55,132

1,57,880

1,53,364

(b) State Governments

2,090

3,479

1,543

7,123

397

462

1,313

1,684

7,123

958

357

1,942

(ii)

Government deposits with RBI (a + b)

1,686

2,071

2,679

2,927

64

65

62

61

2,927

127

134

127

(a) Central Government

1,686

2,071

2,679

2,927

50

51

50

50

2,927

101

100

101

(b) State Governments

-

-

-

-

14

14

12

11

-

26

34

26

B.

Other Banks’ Credit to Government

51,345

1,64,439

1,95,432

2,34,133

2,03,368

2,06,078

2,30,973

2,32,501

2,34,133

2,42,909

2,47,431

2,49,668

2.

Bank Credit to Commercial Sector (A + B)

1,71,769

3,76,307

4,32,738

4,86,942

4,30,556

4,30,199

4,65,782

4,68,857

4,86,942

4,88,322

4,91,335

4,88,563

A.

RBI’s credit to commercial sector (2)

6,342

6,247

8,186

12,226

8,211

8,367

8,401

8,504

12,226

10,269

12,496

10,200

B.

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

1,65,427

3,70,060

4,24,552

4,74,716

4,22,345

4,21,832

4,57,381

4,60,353

4,74,716

4,78,053

4,78,839

4,78,363

(i)

Bank credit by commercial banks

1,16,350

2,78,402

3,24,079

3,66,003

3,20,980

3,20,390

3,49,828

3,52,047

3,66,003

3,68,293

3,69,051

3,68,443

(ii)

Bank credit by co-operative banks

22,927

57,476

65,869

73,531

66,266

65,976

72,376

72,816

73,531

74,198

74,218

74,223

(iii)

Investments by commercial

and co-operative banks in

other securities

26,150

34,182

34,604

35,182

35,099

35,466

35,177

35,490

35,182

35,562

35,570

35,697

3.

Net Foreign Exchange Assets of

Banking Sector (A+B)

10,581

1,05,496

1,26,569

1,48,633

1,26,780

1,27,044

1,39,985

1,41,342

1,48,633

1,49,836

1,51,498

1,53,652

A.

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

7,983

94,817

1,15,890

1,37,954

1,16,101

1,16,365

1,29,306

1,30,663

1,37,954

1,39,157

1,40,819

1,42,973

(i)

Gross foreign assets

11,217

94,925

1,15,900

1,37,971

1,16,111

1,16,375

1,29,323

1,30,680

1,37,971

1,39,174

1,40,836

1,42,990

(ii)

Foreign liabilities

3,234

108

10

17

10

10

17

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

2,598

10,679

10,679

10,679

10,679

10,679

10,679

10,679

10,679

10,679

10,679

10,679

4.

Government’s Currency Liabilities to the Public

1,621

2,918

3,352

3,705

3,387

3,437

3,705

3,705

3,705

3,705

3,705

3,705

5.

Banking Sector’s net Non-monetary

Liabilities Other than Time Deposits (A + B)

58,336

71,493

66,042

51,624

64,118

59,696

51,774

51,796

51,624

49,003

53,086

50,110

A.

Net non-monetary liabilities of RBI (3)

27,022

35,183

43,282

60,464

46,782

49,171

60,801

59,954

60,464

60,960

61,644

61,469

B.

Net non-monetary liabilities of

other banks (residual)

31,314

36,310

22,760

– 8,840

17,336

10,525

– 9027

– 8158

– 8,840

– 11,957

– 8,558

– 11,359

M3 (1 + 2 + 3 + 4 – 5)

2,65,828

7,01,848

8,27,209

9,74,328

8,47,295

8,49,174

9,40,467

9,48,978

9,74,328

9,91,732

9,98,986

10,00,657

*

Government Balances as on March 31, 1999 are after closure of accounts.