| April 24, 2004
|
1.
Reserve Bank of India - Liabilities and Asset
|
|
(Rs.crore)
|
|
2003
|
2004
|
Variation
|
| Item |
Apr. 18
|
Apr. 9
|
Apr. 16#
|
Week
|
Year
|
| 1 |
2
|
3
|
4
|
5
|
6
|
| Loans and advances |
|
|
|
|
|
| Central Government |
18,329
|
—
|
—
|
—
|
–18,329
|
| State Governments |
4,730
|
4,536
|
4,422
|
–114
|
–308
|
|
2. Foreign
Exchange Reserves | | | |
Variation over | |
|
Item | As
on Apr. 16, 2004 | Week |
End-March 2004 |
End-December 2003 | Year |
| |
Rs. Crore |
US$ Mn. |
Rs. Crore |
US$ Mn. |
Rs. Crore |
US$ Mn. |
Rs. Crore |
US$ Mn. |
Rs. Crore |
US$ Mn. |
| 1
| 2
| 3
| 4
| 5
| 6
| 7
| 8
| 9
| 10
| 11
| | |
| Total Reserves
| 5,15,903 |
1,17,592 |
9,743 |
1,532 |
25,774 |
4,633 |
45,431 |
14,441 |
1,52,309 |
40,845 |
| (a) Foreign Currency
Assets | 4,92,021 |
1,12,103 |
9,758 |
1,543* |
25,806 |
4,655 |
46,789 |
14,486 |
1,48,406 |
39,564 |
| (b) Gold |
18,216 |
4,198 |
— |
— |
— |
— |
–1,009 |
–17 |
1,431 |
664 |
| (c) SDRs |
10 |
2 |
— |
— |
— |
— |
–3 |
–1 |
–9 |
–2 |
| (d) Reserve Position
in the IMF** | 5,656 |
1,289 |
–15 |
–11 |
–32 |
–22 |
–346 |
–27 |
2,481 |
619 |
* : Foreign currency assets
expressed in US dollar terms include the effect of appreciation/depreciation of
non-US currencies (such as Euro, Sterling, Yen) held in reserves. For details,
please refer to the Current Statistics section of the RBI Bulletin.
** : Reserve
Position in the International Monetary Fund (IMF), i.e., Reserve Tranche Position
(RTP) which was shown as a memo item from May 23, 2003 to March 26, 2004 has been
included in the reserves from the week ended April 2, 2004 in keeping with the
international best practice. |
|
3.
Scheduled Commercial Banks - Business in India
|
|
(Rs. crore)
|
| |
|
Outstanding
|
Variation over
|
|
Item
|
as on 2004
|
Fortnight
|
Financial year
so far
|
Year-on-year
|
| |
|
Apr.
2#
|
|
2003-2004
|
2004-2005
|
2003
|
2004
|
|
1
|
|
2
|
3
|
4
|
5
|
6
|
7
|
|
Liabilities to Others
|
|
|
|
|
|
|
| |
Aggregate deposits @
|
15,42,757
|
40,825
|
43,619
|
40,825
|
1,87,424
|
2,18,284
|
| |
|
|
(2.7)
|
(3.4)
|
(2.7)
|
(16.5)
|
(16.5)
|
| |
|
|
|
[3.5]
|
[2.8]
|
[17.1]
|
[18.4]
|
| |
Demand
|
2,43,769
|
21,819
|
17,669
|
21,819
|
24,293
|
55,811
|
| |
Time @
|
12,98,987
|
19,006
|
25,950
|
19,006
|
1,63,131
|
1,62,473
|
|
Bank Credit
|
8,67,436
|
32,054
|
14,276
|
32,054
|
1,39,822
|
1,23,944
|
| |
|
|
(3.8)
|
(2.0)
|
(3.8)
|
(23.2)
|
(16.7)
|
| |
Food Credit
|
36,973
|
1,011
|
–4,888
|
1,011
|
–7,115
|
–7,619
|
| |
Non-food credit
|
8,30,463
|
31,043
|
19,164
|
31,043
|
1,46,937
|
1,31,562
|
@ :
Includes Rs.25,662 crore on account of proceeds from India Millennium
Deposits (IMDs), since November 17, 2000. Data also reflect redemption
of Resurgent India Bonds (RIBs) of Rs.22,693 crore, since October
1, 2003. Figures in italics are percentage variations net of RIBs
and IMDs as the case may be. |
| 5.
Accommodation Provided by Scheduled Commercial Banks to Commercial Sector in the
form of Bank Credit and Investments in Shares/Debentures/Bonds/Commercial Paper
etc. | | (Rs.
crore) | | |
2003 - 2004 |
2002 - 2003 |
| Item |
Outstanding as on
| Variations
| Outstanding
as on | Variations
| | 2003 |
2004 |
(3) - (2) |
2002 |
2003 |
(6) - (5) |
| | Mar.
21 | Mar.
19 | |
Mar. 22 |
Mar. 21 |
| | 1
| 2
| 3
| 4
| 5
| 6
| 7
| | 4.
Total (1B + 2 + 3) |
7,72,695 |
8,89,703
| 1,17,008
| 6,17,650
| 7,72,885
| 1,55,235
|
@ :
Upto February 29, 2004. + : Upto February 28, 2003.
Notes :
1. Data on investments
are based on Statutory Section 42(2) Returns
2. Figures in brackets are percentage
variations.
3. Includes the impact of mergers since May 3, 2002. |
|
7. Money Stock
: Components and Sources | |
(Rs. crore) |
| | |
Outstanding |
Variation over |
| | |
as on | |
Financial year so far |
Year-on-year |
| | |
2004 |
Fortnight |
2003-2004
|
2004-2005
|
2003 |
2004 |
| |
Item |
Mar. 31# |
Apr.
2# |
Amount % | |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% | |
1 | |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
| M3 | |
20,00,349 |
20,39,871 |
39,198 |
2.0 |
42,974 |
2.5 |
39,521 |
2.0 |
2,26,622 |
14.8 |
2,77,694 |
15.8 |
| | | | | | | | | | | | |
[1,97,220] | [12.8]
| | |
| Components
(i+ii+iii+iv) | |
(i) | Currency
with the Public |
3,16,758 |
3,15,464
| –2,528
| –0.8
| 3,476
| 1.3
| –1,294
| –0.4
| 28,771
| 11.7
| 40,606
| 14.8
| |
(ii) | Demand
deposits with banks |
2,51,371 |
2,73,300
| 21,929
| 8.7
| 16,883
| 8.5
| 21,929
| 8.7
| 25,295
| 13.4
| 58,627
| 27.3
| |
(iii) | Time
deposits with banks @ |
14,27,179 |
14,46,813
| 19,634
| 1.4
| 22,033
| 1.8
| 19,634
| 1.4
| 1,71,377
| 15.6
| 1,77,992
| 14.0
| | | | | | | | | | | |
[1,41,975]
| [12.9]
| | |
| (iv) |
"Other" deposits with Reserve Bank |
5,041
| 4,294
| 163
| 3.9
| 583
| 18.0
| –747
| –14.8
| 1,180
| 44.6
| 469
| 12.3
| |
Sources (i+ii+iii+iv-v) | |
(i) |
Net Bank credit to Government (a+b) |
7,44,616
| 7,23,693
| –851
| –0.1
| 4,727
| 0.7
| –20,923
| –2.8
| 81,562
| 13.6
| 44,536
| 6.6
| | |
(a) Reserve Bank |
47,555
| 23,279
| –4,204
| –15.3
| –14,703
| –12.2
| –24,276
| –51.0
| –38,060
| –26.4
| –82,697
| –78.0
| | |
(b) Other Banks |
6,97,061
| 7,00,413
| 3,353
| 0.5
| 19,431
| 3.5
| 3,353
| 0.5
| 1,19,622
| 26.4
| 1,27,232
| 22.2
| |
(ii) | Bank
credit to commercial sector (a+b) |
10,11,074 |
10,44,016
| 32,960
| 3.3
| 11,256
| 1.3
| 32,941
| 3.3
| 1,33,692
| 17.4
| 1,40,671
| 15.6
| | |
(a) Reserve Bank |
2,061
| 2,073
| 31
| 1.5
| –37
| –1.2
| 12
| 0.6
| –186
| –5.8
| –938
| –31.1
| | |
(b) Other Banks |
10,09,013
| 10,41,942
| 32,929
| 3.3
| 11,293
| 1.3
| 32,929
| 3.3
| 1,33,878
| 17.5
| 1,41,609
| 15.7
| |
@ : Includes Rs.25,662 crore on account of proceeds from India Millennium
Deposits (IMDs), since November 17, 2000. Data also reflect redemption of Resurgent
India Bonds (RIBs) of Rs.22,693 crore, since October 1, 2003.
Figures in
[ ] exclude the impact of mergers since May 3, 2002. | |
