(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

1999

2000

Fortnight

1998-99

1999-2000

1999

2000

Item

Mar. 31#

Feb. 11#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M 3

9,72,204*

10,99,324

10,624

1.0

1,23,922*

15.1

1,27,119*

13.1

1,59,759*

20.3

1,54,070*

16.3

(12.9)

(13.3)

(18.1)

(16.6)

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,69,382

1,95,155

5,507

2.9

24,971

17.2

25,773

15.2

23,179

15.7

24,605

14.4

(ii)

Demand deposits with banks

1,35,111

1,36,575

-1,742

-1.3

-1,316

-1.1

1,464

1.1

14,374

14.0

19,166

16.3

(iii)

Time deposits with banks @

6,63,890

7,64,725

7,134

0.9

1,00,735

18.2

1,00,835

15.2

1,22,099

22.9

1,10,503

16.9

(iv)

"Other" deposits with Reserve Bank

3,821

2,869

-275

-8.7

-468

-13.2

-952

-24.9

108

3.6

-204

-6.6

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

(i)

Net bank credit to Government (a+b)

3,87,151

4,39,647

2,795

0.6

56,794

17.2

52,496

13.6

69,936

22.0

52,257

13.5

(a) Reserve Bank

1,52,539

1,54,119

2,685

1.8

21,908

16.2

1,580

1.0

29,333

23.0

-2,949

-1.9

(b) Other Banks

2,34,612

2,85,528

110

—

34,885

17.8

50,915

21.7

40,603

21.4

55,205

24.0

(ii)

Bank credit to commercial sector (a+b)

4,90,363

5,54,614

7,881

1.4

36,039

8.3

64,251

13.1

54,381

13.1

85,265

18.2

(a) Reserve Bank

12,226

13,547

3,741

38.2

1,311

16.0

1,322

10.8

1,575

19.9

4,051

42.7

(b) Other Banks

4,78,138

5,41,067

4,140

0.8

34,728

8.2

62,929

13.2

52,806

13.0

81,215

17.7

(iii)

Net foreign exchange assets of banking sector

1,76,778

1,91,776

944

0.5

31,548

22.8

14,998

8.5

45,116

36.2

22,133

13.0

(iv)

Government's currency liabilities to the public

3,846

4,079

—

—

399

11.9

233

6.1

521

16.1

328

8.7

(v)

Banking sector's net non-monetary liabilities

other than time deposits

85,934

90,793

995

1.1

859

1.0

4,859

5.7

10,196

13.7

5,912

7.0

of which : Net non-monetary liabilities of R.B.I.

60,455

68,901

710

1.0

17,448

40.3

8,445

14.0

18,672

44.4

8,170

13.5

@ :

Includes Rs. 17,945 crore on account of Resurgent India Bonds (RIBs), since August 28, 1998.

* :

Revised in line with the new accounting standards and consistent with the methodology suggested by the Working Group on Money Supply: Analytics and Methodology of Compilation (June 1998). The revision is in respect of pension and provident funds with commercial banks which are classified as other demand and time liabilities and Includes those banks which have reported such changes so far.

Note : Figures in brackets are precentage variation net of RIBs.