(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2001

Fortnight

2000-2001

2001-2002

2000

2001

Item

Mar. 31#

May 4#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

13,05,567

13,54,855

6,577

0.5

29,950*

2.7

49,288

3.8

1,53,322*

15.3

2,00,971

17.4

(15.2)

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,09,132

2,24,486

4,376

2.0

13,205

7.0

15,353

7.3

16,366

8.8

22,515

11.1

(ii)

Demand deposits with banks

1,64,551

1,67,499

–3,208

–1.9

–1,218

–0.8

2,948

1.8

23,297

18.6

19,036

12.8

(iii)

Time deposits with banks@

9,27,564

9,58,062

4,430

0.5

18,329

2.3

30,499

3.3

1,13,958

16.6

1,57,355

19.7

(iv)

"Other" deposits with Reserve Bank

4,320

4,808

979

25.6

–365 –11.8

488

11.3

–299

–9.8

2,064

75.2

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

(i)

Net Bank credit to Government sector (a+b)

5,10,704

5,34,741

4,471

0.8

20,367

4.6

24,037

4.7

56,133

13.8

72,995

15.8

(a) Reserve Bank

1,53,237

1,61,816

4,795

3.1

–3,621

–2.4

8,579

5.6

–13,461

–8.5

17,173

11.9

(b) Other Banks

3,57,467

3,72,925

–324

–0.1

23,989

8.2

15,458

4.3

69,594

28.1

55,822

17.6

(ii)

Bank credit to commercial sector (a+b)

6,70,378

6,78,450

–1,867

–0.3

–2,874

–0.5

8,072

1.2

87,046

17.5

94,760

16.2

(a) Reserve Bank

13,287

11,141

–577

–4.9

–6,679 –43.7

–2,146

–16.2

–3,906

–31.3

2,550

29.7

(b) Other Banks

6,57,092

6,67,310

–1,291

–0.2

3,805

0.7

10,218

1.6

90,952

18.8

92,210

16.0

(iii)

Net foreign exchange assets of banking sector

2,44,320

2,47,436

56

—

–1,265

–0.6

3,117

1.3

23,664

13.1

43,054

21.1

(iv)

Government's currency liabilities to the public

4,905

4,905

—

—

371

8.7

—

—

766

19.8

272

5.9

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,24,740

1,10,678

–3,917

–3.4

–13,351 –11.7

–14,062

–11.3

14,288

16.6

10,110

10.1

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

78,015

83,471

677

0.8

243

0.3

5,456

7.0

8,723

14.1

13,081

18.6

* : 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. @ : Includes Rs. 17,945 crore on account of proceeds from Resurgent India Bonds (RIBs), since August 28, 1998 and Rs. 25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000.

Figures in parentheses are net of IMDs. State Government balances as on March 31, 2001 are before closure of accounts.