(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

May 12, 2006

May 26, 2006

1

2

3

4

5

6

7

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

7,56,766

7,66,595

8,36,787

7,48,707

7,92,758

7,94,322

(7,44,574)

(7,36,514)

A.

RBI’s net credit to Government (i-ii)

–17,975

8,136

4,362

–27,662

11,510

7,734

(i)

Claims on Government (a+b)

61,970

73,540

97,469

36,700

3,7,238

35,692

(a) Central Government (1)

56,687

70,563

97,184

36,107

37,238

35,692

(b) State Governments

5,283

2,977

285

593

—

—

(ii)

Government deposits with RBI (a+b)

79,945

65,404

93,107

64,362

25,728

27,958

(a) Central Government

79,945

65,404

93,066

64,321

25,466

27,917

(b) State Governments

—

—

41

41

262

41

B.

Other Banks’ Credit to Government

7,74,741

7,58,459

8,32,425

7,76,369

7,81,248

7,86,588

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

12,80,249

16,93,004

21,23,362

13,31,258

16,73,633

16,79,938

(12,47,367)

(12,98,376)

A.

RBI’s credit to commercial sector (2)

1,390

1,387

1,537

1,390

1,387

1,387

B.

Other banks’ credit to commercial

12,78,859

16,91,617

21,21,825

13,29,869

16,72,246

16,78,551

sector (i+ii+iii)

(i)

Bank credit by commercial banks

11,00,428

15,07,077

19,28,913

11,52,210

14,87,646

14,93,433

(ii)

Bank credit by co-operative banks

1,53,508

1,63,731

1,74,231

1,53,419

1,63,520

1,63,683

(iii)

Investments by commercial and

co-operative banks in other securities

24,923

20,809

18,681

24,240

21,079

21,435

3. Net Foreign Exchange Assets of

Banking Sector (A+B)

 6,49,255

7,26,194

9,30,319

6,47,903

7,87,308

7,94,535

A.

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

6,12,790

6,72,983

8,66,153

6,11,439

7,34,097

7,41,324

(i)

Gross foreign assets

6,12,808

6,73,001

8,66,170

6,11,456

7,34,115

7,41,342

(ii)

Foreign liabilities

17

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

36,465

53,211

64,166

36,465

53,211

53,211

4. Government’s Currency
Liabilities to the Public

7,448

8,754

8,229

7,448

7,721

7,775

5. Banking Sector’s net Non-monetary

Liabilities Other than Time Deposits (A+B)

4,42,269

4,64,999

5,88,485

4,02,649

4,88,447

4,97,289

A.

Net non-monetary liabilities of RBI(3)

1,19,776

1,23,998

1,78,967

1,23,214

1,64,603

1,70,954

B.

Net non-monetary liabilities of other

3,22,493

3,41,001

4,09,519

2,79,435

3,23,844

3,26,335

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

22,51,449

27,29,547

33,10,212

23,32,667

27,72,973

27,79,281

(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

January

February

March

April

May 11,

May 25,

2007

2007

2007

2007

2007

2007

1

8

9

10

11

12

13

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

8,09,362

8,08,669

8,36,787

8,64,937

8,56,245

8,58,753

A.

RBI’s net credit to Government (i-ii)

12,242

-32

4,362

18,546

6,348

6,304

(i)

Claims on Government (a+b)

81,302

74,157

97,469

94,612

87,452

93,764

(a) Central Government (1)

81,142

74,055

97,184

94,016

85,292

92,949

(b) State Governments

160

101

285

596

2,159

816

(ii)

Government deposits
with RBI (a+b)

69,060

74,188

93,107

76,066

81,103

87,461

(a) Central Government

69,018

74,143

93,066

76,025

81,062

87,419

(b) State Governments

41

45

41

41

41

41

B.

Other Banks’ Credit to Government

7,97,120

8,08,701

8,32,425

8,46,392

8,49,896

8,52,450

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

19,63,318

20,09,932

21,23,362

20,89,308

20,91,251

20,84,179

A.

RBI’s credit to commercial sector (2)

1,907

1,441

1,537

1,386

1,386

1,386

B.

Other banks’ credit to commercial

19,61,411

20,08,491

21,21,825

20,87,922

20,89,865

20,82,793

sector (i+ii+iii)

(i)

Bank credit by commercial banks

17,66,491

18,13,325

19,28,913

18,89,557

18,91,061

18,86,520

(ii)

Bank credit by co-operative banks

1,69,974

1,70,747

1,74,231

1,74,090

1,74,690

1,72,240

(iii)Investments by commercial and

24,946

24,418

18,681

24,275

24,114

24,033

co-operative banks in other securities

3. Net Foreign Exchange
Assets of Banking

Sector (A+B)

8,51,487

8,95,051

9,30,319

9,02,296

9,05,503

8,94,800

A.

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

7,87,321

8,30,884

8,66,153

8,38,129

8,41,336

8,30,634

(i)

Gross foreign assets

7,87,338

8,30,901

8,66,170

8,38,147

8,41,354

8,30,651

(ii)

Foreign liabilities

17

17

17

17

17

17

B.

Other banks’ net foreign
exchange assets

64,166

64,166

64,166

64,166

64,166

64,166

4. Government’s Currency
Liabilities to the Public

8,190

8,229

8,229

8,229

8,229

8,229

5. Banking Sector’s net Non-monetary

Liabilities Other than
Time Deposits (A+B)

5,60,626

5,79,814

5,88,485

5,43,099

5,28,054

5,20,715

A.

Net non-monetary
liabilities of RBI(3)

1,75,649

1,74,039

1,78,967

1,41,202

1,40,435

1,25,200

B.

Net non-monetary
liabilities of other

banks(residual)

3,84,977

4,05,775

4,09,519

4,01,897

3,87,619

3,95,515

(1+2+3+4-5)

30,71,731

31,42,067

33,10,212

33,21,671

33,33,173

33,25,247

M3

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.
4. Government balances as on March 31, 2007 are before closure of accounts.
Also see ‘Notes on Tables’.