(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

1999

Fortnight

1998-99

1999-2000

1998

1999

Item

Mar. 31#

Dec. 31#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M 3

9,72,204*

10,88,596

13,859

1.3

1,06,183*

12.9

1,16,392*

12.0

1,57,931*

20.5

1,61,082*

17.4

(10.7)

(12.2)

(18.2)

(17.7)

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,69,382

1,92,999

2,755

1.4

14,845

10.2

23,616

13.9

19,002

13.4

32,575

20.3

(ii)

Demand deposits with banks

1,35,111

1,33,020

2,680

2.1

-550

-0.5

-2,091

-1.5

13,427

12.8

14,845

12.6

(iii)

Time deposits with banks @

6,63,890

7,59,289

8,868

1.2

91,984

16.6

95,400

14.4

1,25,257

24.1

1,13,817

17.6

(iv)

"Other" deposits with Reserve Bank

3,821

3,288

-444

-11.9

-97

-2.8

-534

-14.0

246

7.7

-156

-4.5

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

(i)

Net bank credit to Government (a+b)

3,87,151

4,41,233

2,306

0.5

49,289

14.9

54,081

14.0

62,182

19.6

61,347

16.1

(a) Reserve Bank

1,52,539

1,57,206

974

0.6

15,359

11.4

4,667

3.1

25,143

20.1

6,687

4.4

(b) Other Banks

2,34,612

2,84,027

1,331

0.5

33,930

17.4

49,414

21.1

37,039

19.3

54,660

23.8

(ii)

Bank credit to commercial sector (a+b)

4,90,363

5,40,310

13,792

2.6

28,420

6.6

49,946

10.2

57,549

14.2

78,580

17.0

(a) Reserve Bank

12,226

9,033

772

9.3

171

2.1

-3,193

-26.1

605

7.8

676

8.1

(b) Other Banks

4,78,138

5,31,277

13,020

2.5

28,249

6.6

53.140

11.1

56,944

14.4

77,904

17.2

(iii)

Net foreign exchange assets of banking sector

1,76,778

1,90,731

2,343

1.2

28,736

20.8

13,953

7.9

41,290

32.9

23,901

14.3

(iv)

Government's currency liabilities to the public

3,846

4,079

352

10.5

233

6.1

476

14.7

375

10.1

(v)

Banking sector's net non-monetary liabilities

other than time deposits

85,934

87,757

4,582

5.5

614

0.7

1,823

2.1

3,567

4.4

3,121

3.7

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

60,455

66,890

424

0.6

15,439

35.7

6,435

10.6

15,774

36.7

8,169

13.9

@ :

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.