1. Reserve Bank of India - Liabilities and Assets |
(Rs.crore) | Item
| 2007 |
2008 | Variation |
Nov. 23 | Nov.
14 | Nov. 21# | Week | Year |
1 | 2 |
3 | 4 |
5 | 6 | Loans
and advances | Central Government | — | — | — | — | — |
State Governments | 105 | 1,309 | 39 | –1,271 | –66 |
2.
Foreign Exchange Reserves |
Item | As
on Nov. 21, 2008 | Variation
over | Week | End-March
2008 | 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 | 12,29,078 | 245,799 | 10,815 | –550 | –8,887 | –63,924 | 1,44,058 | –29,517 | 1,51,856 | –26,482 |
(a) Foreign Currency Assets | 11,85,566 | 236,971 | 10,789 | –550* | –10,457 | –62,259 | 1,35,081 | –29,582 | 1,40,795 | –27,060 |
(b) Gold | 41,281 | 8,382 | — | — | 1,157 | –1,657 | 8,462 | 54 | 10,569 | 571 |
(c) SDRs | 13 | 3 | — | — | –61 | –15 | — | — | — | — |
(d) Reserve position in the IMF** | 2,218 | 443 | 26 | — | 474 | 7 | 515 | 11 | 492 | 7 |
* : 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 2008 | Fortnight | Financial
year so far | Year-on-year |
Nov. 7# | | 2007-2008 | 2008-2009 | 2007 | 2008 |
1 | 2 | 3 | 4 | 5 | 6 | 7 |
Liabilities to Others
| | Aggregate
deposits | 35,16,977 | 30,756 | 3,01,563 | 3,20,038 | 6,08,591 | 6,03,481 |
| |
| (0.9) | (11.5) | (10.0) | (26.4) | (20.7) |
| Demand | 4,54,184 | –17,561 | –3,055 | –70,125 | 75,637 | 27,508 |
| Time | 30,62,793 | 48,318 | 3,04,618 | 3,90,163 | 5,32,954 | 5,75,972 |
Bank Credit | 26,34,893 | 19,852 | 1,32,037 | 2,72,980 | 3,91,455 | 5,71,667 |
| | | (0.8) | (6.8) | (11.6) | (23.4) | (27.7) |
| Food Credit | 51,574 | 3,320 | –9,800 | 7,175 | –937 | 14,854 |
| Non-food credit | 25,83,319 | 16,532 | 1,41,837 | 2,65,804 | 3,92,392 | 5,56,813 |
# Provisional |
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
| 2008 - 2009 | 2007
- 2008 | | Outstanding
as on | Variation | Outstanding
as on | Variation |
| 2008 | (3)
- (2) | 2007 | (6)
- (5) | | Mar.
28 | Nov. 7 | | Mar.
30 | Nov. 9 | |
1 | 2 | 3 | 4 | 5 | 6 | 7 |
3. Total (1B +2) | 24,13,021 | 26,81,488 | 2,68,468 | 19,68,214 | 21,06,058 | 1,37,844 |
Notes : 1. Data on
investments are based on Statutory Section 42(2) Returns. 2. Figures in
brackets are percentage variations. |
7.
Money Stock: Components and Sources | (Rs.
crore) | Item | Outstanding
As on | Variation
over | Fortnight | Financial
year so far | Year-on-year |
| 2008 | | 2007-2008 | 2008-2009 | 2007 | 2008 |
| Mar.
31# | Nov. 7# | Amount
| % | Amount | % | Amount | % | Amount | % | Amount | % |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 |
M3 | | 40,06,722 | 43,77,847 | 39,675 | 0.9 | 3,57,144 | 10.8 | 3,71,125 | 9.3 | 7,08,464 | 23.9 | 7,04,609 | 19.2 |
Components (i+ii+iii+iv)
| (i) | Currency
with the Public | 5,67,476 | 6,22,198 | 11,274 | 1.8 | 46,869 | 9.7 | 54,722 | 9.6 | 75,736 | 16.7 | 92,424 | 17.4 |
(ii) | Demand deposits
with banks | 5,74,408 | 5,01,658 | –18,070 | –3.5 | –4,329 | –0.9 | –72,750 | –12.7 | 79,648 | 20.3 | 30,299 | 6.4 |
(iii) | Time deposits
with banks | 28,55,769 | 32,47,535 | 44,997 | 1.4 | 3,16,877 | 13.5 | 3,91,766 | 13.7 | 5,53,270 | 26.2 | 5,80,654 | 21.8 |
(iv) | "Other"
deposits with Reserve Bank | 9,069 | 6,456 | 1,474 | 29.6 | –2,273 | –30.3 | –2,613 | –28.8 | –190 | –3.5 | 1,233 | 23.6 |
Sources (i+ii+iii+iv-v)
| (i) | Net
Bank credit to Government (a+b) | 9,07,077 | 10,41,538 | 55,187 | 5.6 | 27,543 | 3.3 | 1,34,462 | 14.8 | 56,507 | 7.0 | 1,79,760 | 20.9 |
| (a) Reserve
Bank | –1,13,209 | –71,456 | 37,455 | | –1,31,311 | | 41,753 | | –1,32,905 | | 57,432 | |
| (b) Other Banks | 10,20,286 | 11,12,995 | 17,732 | 1.6 | 1,58,855 | 19.1 | 92,709 | 9.1 | 1,89,412 | 23.6 | 1,22,328 | 12.3 |
(ii) | Bank
credit to commercial sector (a+b) | 25,69,912 | 28,55,724 | 19,191 | 0.7 | 1,38,835 | 6.5 | 2,85,811 | 11.1 | 4,06,663 | 21.8 | 5,86,810 | 25.9 |
| (a) Reserve
Bank | 1,788 | 1,926 | 546 | 39.5 | –154 | –10.0 | 138 | 7.7 | –1 | –0.1 | 543 | 39.3 |
| (b) Other Banks | 25,68,124 | 28,53,797 | 18,645 | 0.7 | 1,38,989 | 6.5 | 2,85,673 | 11.1 | 4,06,664 | 21.9 | 5,86,267 | 25.9 |
22.
Secondary Market Transactions in Government Securities (Face Value) |
(Amount
in Rs. crore) |
Item | For
the Week Ended Nov. 14, 2008 | For
the Week Ended Nov. 21, 2008 | Amount | YTM
(%PA) Indicative** | Amount | YTM
(%PA) Indicative** | | Minimum | Maximum | | Minimum | Maximum |
1 | 2 | 3 | 4 | 5 | 6 | 7 |
II. | RBI* | :
Sales | 78 | | | —+ | | |
| | :Purchase | 79 | | | — | | |
@ : 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).
3 : 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.
+ : Includes purchase of Oil Marketing Companies Government of India Special Bonds (Oil bonds) of Rs.NIL (face value) under Special Market Operation (SMO).
Note
| Ajit
Prasad Manager Press
Release: 2008-2009/791 |