(Rs. crore)

Outstanding as on

Variation over

2002

2003

Fortnight

Financial year so far

Year-on-year

2001-2002

2002-2003

2002

2003

Item

Mar. 31#

Jan. 10#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M₃

15,00,003

16,89,085

9,015

0.5

1,46,436

11.2

1,89,083

12.6

1,85,313

14.5

2,29,429

15.7

[16,46,493]

[1,46,491]

[9.8]

[1,86,837]

[12.8]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,399

2,65,687

4,304

1.6

25,423

12.1

24,288

10.1

26,601

12.8

30,714

13.1

(ii)

Demand deposits with banks

1,78,284

1,86,123

–2,484

–1.3

–1,498

–0.9

7,839

4.4

13,008

8.6

21,351

13.0

(iii)

Time deposits with banks@

10,77,470

12,34,596

7,077

0.6

1,23,717

13.2

1,57,126

14.6

1,45,585

16.0

1,77,107

16.7

[11,92,004]

[1,14,534]

[10.6]

[1,34,515]

[12.7]

(iv)

"Other" deposits with Reserve Bank

2,850

2,680

118

4.6

–1,206

–33.2

–170

–6.0

120

5.2

256

10.6

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

(i)

Net Bank credit to Government (a+b)

5,86,466

6,45,684

8,919

1.4

70,327

13.7

59,218

10.1

80,864

16.1

63,402

10.9

(a) Reserve Bank

1,52,178

1,20,210

9,450

8.5

–2,119

–1.4

–31,968

–21.0

–6,637

–4.2

–31,548

–20.8

(b) Other Banks

4,34,288

5,25,474

–531

–0.1

72,446

20.2

91,186

21.0

87,501

25.5

94,950

22.1

(ii)

Bank credit to commercial sector (a+b)

7,56,265

8,59,250

4,303

0.5

54,097

8.0

1,02,985

13.6

74,864

11.4

1,25,935

17.2

(a) Reserve Bank

5,929

3,002

39

1.3

–5,677

–42.7

–2,927

–49.4

–5,512

–42.0

–4,608

–60.6

(b) Other Banks

7,50,336

8,56,248

4,264

0.5

59,774

9.0

1,05,912

14.1

80,376

12.5

1,30,542

18.0

(iii)

Net foreign exchange assets of banking sector

3,14,733

3,88,395

4,523

1.2

37,696

15.1

73,663

23.4

51,819

22.0

1,00,880

35.1

(iv)

Government's currency liabilities to the public

6,366

6,851

—

—

723

13.5

485

7.6

1,011

20.0

774

12.7

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,63,828

2,11,095

8,731

4.3

16,407

12.3

47,268

28.9

23,244

18.4

61,562

41.2

of which : Net non-monetary liabilities of RBI

1,01,220

1,25,100

4,167

3.4

20,895

26.3

23,880

23.6

15,622

18.5

24,860

24.8

@ : 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.