(Rs. crore)

Outstanding as on

Variation over

2002

2003

Financial year so far

Year-on-year

Mar. 31#

Feb. 21#

Fortnight

2001-2002

2002-2003

2002

2003

Item

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

15,00,003

17,06,211

1,641

0.1

1,60,336

12.2

2,06,209

13.7

1,82,572

14.1

2,32,655

15.8

[16,63,619]

[1,63,617]

[10.9]

[1,90,063]

[12.9]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,399

2,71,231

1,700

0.6

30,057

14.3

29,832

12.4

31,320

15.0

31,624

13.2

(ii)

Demand deposits with banks

1,78,284

1,89,169

25

-

115

0.1

10,885

6.1

8,676

5.5

22,784

13.7

(iii)

Time deposits with banks@

10,77,470

12,42,644

-398

-

1,31,472

14.1

1,65,174

15.3

1,42,583

15.5

1,77,401

16.7

[12,00,052]

[1,22,582]

[11.4]

[1,34,809]

[12.7]

(iv)

"Other" deposits with Reserve Bank

2,850

3,167

314

11.0

-1,307

-36.0

318

11.2

-7

-0.3

845

36.4

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

(i)

Net Bank credit to Government (a+b)

5,86,466

6,44,862

-5,047

-0.8

70,772

13.8

58,395

10.0

80,223

16.0

62,135

10.7

(a) Reserve Bank

1,52,178

1,01,608

-6,899

      -6.4

-2,527

      -1.6

-50,570

-33.2

-1,017

      -0.7

-49,742

-32.9

(b) Other Banks

4,34,288

5,43,253

1,852

0.3

73,299

20.5

1,08,965

25.1

81,240

23.2

1,11,876

25.9

(ii)

Bank credit to commercial sector (a+b)

7,56,265

8,79,102

5,449

0.6

60,863

9.0

1,22,837

16.2

76,279

11.5

1,39,021

18.8

5,929

2,916

10

0.3

-5,451

-41.0

-3,013

-50.8

-3,536

 -31.1

-4,920

-62.8

(b) Other Banks

7,50,336

8,76,186

5,439

0.6

66,314

10.0

1,25,850

16.8

79,814

12.2

1,43,941

19.7

(iii)

Net foreign exchange assets of banking sector

3,14,733

4,05,966

3,437

0.9

46,556

18.6

91,233

29.0

54,269

22.4

1,09,590

37.0

(iv)

Government's currency liabilities to the public

6,366

6,851

-

-

885

16.5

485

7.6

961

18.2

613

9.8

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,63,828

2,30,570

2,197

1.0

18,740

14.1

66,742

40.7

29,160

23.8

78,704

51.8

of which : Net non-monetary liabilities of RBI

1,01,220

1,25,948

-1,290

-1.0

23,216

29.3

24,729

24.4

19,670

23.7

23,387

22.8

@

:

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 [ ] exclude the impact of mergers since May 3, 2002.