1. Reserve Bank of India - Liabilities and Assets |
(Rs.crore) |
Item |
2007 |
2008 |
Variation |
Jan. 5 |
Dec. 28 |
Jan. 4# |
Week |
Year |
1 |
2 |
3 |
4 |
5 |
6 |
| Loans and advances |
| Central Government |
— |
— |
— |
— |
— |
| State Governments |
649 |
569 |
727 |
158 |
78 |
| 2. Foreign Exchange Reserves |
| Item |
As on Jan. 4, 2008 |
Variation over |
| Week |
End-March 2007 |
End-December 2007 |
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 |
10,86,308 |
276,255 |
–689 |
696 |
2,18,086 |
77,076 |
1,288 |
939 |
3,04,085 |
99,670 |
| (a) Foreign Currency Assets |
10,51,773 |
267,491 |
–356 |
724 * |
2,15,176 |
75,567 |
1,288 |
938 |
3,00,790 |
97,969 |
| (b) Gold |
32,819 |
8,328 |
–332 |
–29 |
3,246 |
1,544 |
— |
— |
3,995 |
1,811 |
| (c) SDRs |
13 |
3 |
— |
— |
5 |
1 |
— |
— |
9 |
2 |
| (d) Reserve position in the IMF** |
1,703 |
433 |
–1 |
1 |
–341 |
–36 |
— |
1 |
–709 |
–112 |
| * : 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) |
| Item |
Outstanding |
Variation over |
| as on 2007 |
Month |
Financial year so far |
Year-on-year |
| Dec. 28# |
|
2006-2007 |
2007-2008 |
2006 |
2007 |
| 1 |
2 |
3 |
4 |
5 |
6 |
7 |
| Liabilities to Others |
| |
Aggregate deposits @ |
29,52,647 |
28,340 |
2,79,096 |
3,44,338 |
4,46,879 |
5,64,502 |
| |
|
|
(1.0) |
(13.2) |
(13.2) |
(23.0) |
(23.6) |
| |
Demand |
4,41,090 |
4,914 |
24,073 |
11,952 |
70,288 |
52,376 |
| |
Time @ |
25,11,557 |
23,426 |
2,55,023 |
3,32,386 |
3,76,592 |
5,12,126 |
| Bank Credit |
21,48,093 |
73,200 |
2,62,938 |
2,19,180 |
4,12,095 |
3,78,078 |
| |
|
|
(3.5) |
(17.4) |
(11.4) |
(30.3) |
(21.4) |
| |
Food Credit |
41,012 |
3,315 |
1,470 |
–5,509 |
241 |
–1,149 |
| |
Non-food credit |
21,07,081 |
69,885 |
2,61,468 |
2,24,689 |
4,11,854 |
3,79,227 |
| @ : Data reflect redemption of India Millennium Deposits (IMDs) on December 29 , 2005. |
| 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) |
| Item |
2007 - 2008 |
2006 - 2007 |
| Outstanding as on |
Variation
(3) - (2) |
Outstanding as on |
Variation |
| 2007 |
2006 |
(6) - (5) |
| |
Mar. 30 |
Dec. 21 |
|
Mar. 31 |
Dec. 22 |
|
| 1 |
2 |
3 |
4 |
5 |
6 |
7 |
| 3. Total (1B + 2) |
19,65,786 |
21,65,101 |
1,99,315 |
15,45,851 |
17,74,065 |
2,28,214 |
| 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.
4. Constituents may not add up to total due to rounding off of figures. |
| 7. Money Stock: Components and Sources |
| (Rs. crore) |
| Item |
Outstanding
As on |
Variation over |
| Fortnight |
Financial year so far |
Year-on-year |
| |
|
2007 |
|
|
2006-2007 |
2007-2008 |
2006 |
2007 |
| |
|
Mar. 31# |
Dec. 21# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
| 1 |
|
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
| M3 |
|
33,10,278 |
37,02,794 |
20,199 |
0.5 |
2,86,763 |
10.5 |
3,92,516 |
11.9 |
4,88,632 |
19.3 |
6,86,487 |
22.8 |
| Components (i+ii+iii+iv) |
| (i) |
Currency with the Public |
4,83,471 |
5,34,209 |
3,855 |
0.7 |
48,505 |
11.7 |
50,738 |
10.5 |
66,972 |
17.0 |
72,585 |
15.7 |
| (ii) |
Demand deposits with banks |
4,74,228 |
4,84,401 |
19,094 |
4.1 |
–6,856 |
–1.7 |
10,173 |
2.1 |
60,912 |
18.0 |
84,870 |
21.2 |
| (iii) |
Time deposits with banks @ |
23,45,083 |
26,79,359 |
–2,825 |
–0.1 |
2,46,778 |
13.0 |
3,34,276 |
14.3 |
3,60,011 |
20.1 |
5,29,412 |
24.6 |
| (iv) |
"Other" deposits with Reserve Bank |
7,496 |
4,825 |
76 |
1.6 |
–1,664 |
–24.2 |
–2,671 |
–35.6 |
737 |
16.5 |
–380 |
–7.3 |
| Sources (i+ii+iii+iv-v) |
| (i) |
Net Bank credit to Government (a+b) |
8,38,177 |
8,40,865 |
–29,002 |
–3.3 |
24,402 |
3.2 |
2,688 |
0.3 |
35,631 |
4.7 |
49,868 |
6.3 |
| |
(a) Reserve Bank |
5,752 |
–1,40,213 |
–14,230 |
|
–9,875 |
|
–1,45,965 |
|
12,333 |
|
–1,38,475 |
|
| |
(b) Other Banks |
8,32,425 |
9,81,078 |
–14,772 |
–1.5 |
34,277 |
4.5 |
1,48,653 |
17.9 |
23,298 |
3.0 |
1,88,343 |
23.8 |
| (ii) |
Bank credit to commercial sector (a+b) |
21,23,362 |
23,30,850 |
34,613 |
1.5 |
2,37,233 |
14.0 |
2,07,488 |
9.8 |
4,08,301 |
26.8 |
4,00,612 |
20.8 |
| |
(a) Reserve Bank |
1,537 |
1,472 |
89 |
6.4 |
128 |
9.3 |
–65 |
–4.2 |
–7 |
–0.4 |
–43 |
–2.8 |
| |
(b) Other Banks |
21,21,825 |
23,29,377 |
34,524 |
1.5 |
2,37,105 |
14.0 |
2,07,553 |
9.8 |
4,08,307 |
26.9 |
4,00,655 |
20.8 |
| @ : Data reflect redemption of India Millennium Deposits (IMDs) on December 29 , 2005. |
| 22. Secondary Market Transactions in Government Securities (Face Value) |
| (Amount in Rs. crore) |
| Item |
For the Week Ended Dec. 28, 2007 |
For the Week Ended Jan. 4, 2008 |
| Amount |
YTM (%PA) Indicative** |
Amount |
YTM (%PA) Indicative** |
| |
Minimum |
Maximum |
|
Minimum |
Maximum |
| 1 |
2 |
3 |
4 |
5 |
6 |
7 |
| II. |
RBI* |
Sales |
65 |
|
|
2,495 |
|
|
| |
|
Purchase |
570 |
|
|
1,040 |
|
|
| @ : As reported in Subsidiary General Ledger Accounts at RBI, including 'When Issued' transactions.
* : RBI's sales and purchases include transactions in other offices also.
** : Minimum and maximum YTMs (% PA) indicative have been given excluding transactions of
Non-standard lot size (Less than Rs.5 crore).
£ : Represent the first leg of transactions.
^ : Data relate to Repo auctions under Liquidity Adjustment Facility effective from June 5, 2000
(See Table 9).
! : Includes Reverse Repo auctions under Liquidity Adjustment Facility.
Note: Figures in brackets indicate Repo Period. |
Ajit Prasad
Manager Press Release: 2007-2008/920 |
