(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2006

Fortnight

2005-2006

2006-2007

2005

2006

Item

Mar. 31 #

Jun. 23#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

27,29,972

27,87,515

–3,941

–0.1

1,08,666

4.8

57,542

2.1

2,84,608

13.7

4,27,400

18.1

^M3

(2,81,095)

(13.5)

Components (i+ii+iii+iv)

(i)

Currency with the Public

4,13,092

4,38,815

–3,821

–0.9

19,500

5.5

25,723

6.2

45,851

13.9

63,453

16.9

(ii)

Demand deposits with banks

4,05,267

3,63,520

–5,685

–1.5

14,256

5.0

–41,747

–10.3

54,822

22.4

64,110

21.4

(iii)

Time deposits with banks @

19,04,700

19,79,108

5,934

0.3

76,932

4.8

74,409

3.9

1,83,134

12.2

2,98,223

17.7

(1,79,621)

(12.0)

(iv)

'Other' deposits with Reserve Bank

6,914

6,071

–370

–5.7

–2,021

–31.2

–843

–12.2

801

21.9

1,614

36.2

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

(i)

Net Bank credit to Government (a+b)

7,73,574

7,89,182

–7,283

–0.9

9,339

1.2

15,609

2.0

10,215

1.4

23,077

3.0

(–1,977)

(–0.3)

(a) Reserve Bank

12,617

8,189

–2,555

9,275

–4,428

–19,463

16,889

(b) Other Banks

7,60,956

7,80,993

–4,728

–0.6

63

—

20,037

2.6

29,679

4.0

6,189

0.8

(ii)

Bank credit to commercial sector (a+b)

16,90,942

17,12,840

13,110

0.8

61,245

4.8

21,898

1.3

2,87,286

27.3

3,71,347

27.7

(2,54,404)

(24.1)

(a) Reserve Bank

1,387

1,387

—

—

—

—

—

—

–500

–26.5

–3

–0.2

(b) Other Banks

16,89,555

17,11,453

13,110

0.8

61,245

4.8

21,898

1.3

2,87,786

27.3

3,71,350

27.7

(iii)

Net foreign exchange assets of banking sector

7,13,865

7,85,710

138

—

–13,378

–2.1

71,845

10.1

60,085

10.4

1,49,833

23.6

(iv)

Government's currency liabilities to the public

8,695

8,695

—

—

384

5.2

—

—

499

6.8

864

11.0

(v)

Banking sector's net non-monetary liabilities

other than time deposits

4,57,103

5,08,914

9,906

2.0

–51,077

–11.5

51,810

11.3

73,478

23.1

1,17,721

30.1

of which : Net non-monetary liabilities of RBI

1,28,436

1,77,561

4,832

2.8

–10,957

–9.1

49,125

38.2

–26,011

–19.3

68,742

63.2

@:Data reflect redemption of India Millennium Deposits (IMDs) on December 29, 2005.
Notes:1. Figures in parentheses exclude the impact of conversion of a non-banking entity
into banking entity from October 11, 2004.
2. Government Balances as on March 31, 2006 are before closure of accounts.
3. Financial year variation during 2006-07 so far is worked out from March 31, 2006
whereas the corresponding variation during 2005-06 is worked out from
March 18, 2005 (which were the last reporting Fridays for the respective years).