(Rs. crore)

Outstandings as on March 31/Reporting Fridays of the Month/Last Reporting Friday of the Month

2005-06

2006-07

2007-08

January 4, 2008

January 18, 2008

1

2

3

4

5

6

1.

Net Bank Credit to Government (A+B)

7,65,058

8,34,235

9,07,077

8,59,208

8,43,782

A.

RBI’s net credit to Government (i-ii)

6,599

2,423

-1,13,209

-1,49,592

-1,55,879

(i)

Claims on Government (a+b)

72,044

97,512

1,16,194

22,900

45,184

(a) Central Government (1)

70,563

97,184

1,14,725

22,173

45,128

(b) State Governments

1,481

328

1,468

727

56

(ii)

Government deposits with RBI (a+b)

65,445

95,089

2,29,403

1,72,492

2,01,063

(a) Central Government

65,404

95,048

2,29,361

1,72,450

2,00,807

(b) State Governments

41

41

41

41

256

B.

Other Banks’ Credit to Government

7,58,459

8,31,812

10,20,286

10,08,799

9,99,661

2.

Bank Credit to Commercial Sector(A+B)

16,93,004

21,30,078

25,69,912

23,51,346

23,73,598

A.

RBI’s credit to commercial sector (2)

1,387

1,537

1,788

1,383

1,571

B.

Other banks’ credit to commercial sector (i+ii+iii)

16,91,617

21,28,541

25,68,124

23,49,963

23,72,026

(i)

Bank credit by commercial banks

15,07,077

19,31,189

23,61,914

21,44,017

21,65,563

(ii)

Bank credit by co-operative banks

1,63,731

1,78,229

1,89,776

1,89,047

1,89,643

(iii)

Investments by commercial and co-operative banks in other securities

20,809

19,123

16,435

16,899

16,821

3.

Net Foreign Exchange Assets of Banking Sector (A+B)

7,26,194

9,13,179

12,95,131

11,14,742

11,47,346

A.

RBI’s net foreign exchange assets (i-ii)(3)

6,72,983

8,66,153

12,36,130

10,84,575

11,17,179

(i)

Gross foreign assets

6,73,001

8,66,170

12,36,147

10,84,592

11,17,197

(ii)

Foreign liabilities

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

53,211

47,026

59,001

30,167

30,167

4.

8,754

8,261

9,324

8,992

9,051

5.

Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B)

4,63,464

5,69,660

7,74,723

5,79,112

5,68,851

A.

Net non-monetary liabilities of RBI(3)

1,22,463

1,77,019

2,10,206

1,40,233

1,38,037

B.

Net non-monetary liabilities of other banks(residual)

3,41,001

3,92,641

5,64,517

4,38,879

4,30,814

M₃ (1+2+3+4-5)

27,29,545

33,16,093

40,06,722

37,55,177

38,04,926

No. 11: Sources of Money Stock (M₃) (Concld.)

Source

Outstandings as on March 31/Reporting Fridays of the Month/Last Reporting Friday of the Month

September 2008

October 2008

November 2008

December 2008

January 2, 2009

January 16, 2009

January 30, 2009

1

7

8

9

10

11

12

13

1.

Net Bank Credit to Government (A+B)

9,72,263

9,96,315

10,57,176

10,99,763

11,38,992

11,58,577

11,67,224

A.

RBI’s net credit to Government (i-ii)

-61,862

-1,08,911

-61,506

-31,632

-56,450

-28,137

-46,952

(i)

Claims on Government (a+b)

1,32,442

56,418

81,002

88,560

63,741

85,655

61,954

(a) Central Government (1)

1,32,435

56,113

80,964

88,255

63,683

85,256

61,174

(b) State Governments

7

305

39

305

59

400

779

(ii)

Government deposits with RBI (a+b)

1,94,303

1,65,329

1,42,508

1,20,192

1,20,191

1,13,792

1,08,906

(a) Central Government

1,94,262

1,65,288

1,42,467

1,20,151

1,20,150

1,13,751

1,08,864

(b) State Governments

41

41

41

41

41

41

41

B.

Other Banks’ Credit to Government

10,34,125

11,05,226

11,18,682

11,31,395

11,95,442

11,86,714

12,14,176

2.

Bank Credit to Commercial Sector(A+B)

27,67,959

28,30,538

28,46,690

28,68,626

28,86,004

28,70,496

28,65,132

A.

RBI’s credit to commercial sector (2)

1,867

1,381

1,514

1,381

2,401

3,001

4,399

B.

Other banks’ credit to commercial sector (i+ii+iii)

27,66,092

28,29,157

28,45,176

28,67,246

28,83,603

28,67,495

28,60,734

(i)

Bank credit by commercial banks

25,51,026

26,15,981

26,33,180

26,44,528

26,58,997

26,45,160

26,36,338

(ii)

Bank credit by co-operative banks

1,98,863

1,97,285

1,97,285

2,01,391

2,03,427

2,01,224

2,03,199

(iii)

Investments by commercial and co-operative banks in other securities

16,202

15,891

14,710

21,327

21,179

21,111

21,197

3.

Net Foreign Exchange Assets of Banking Sector (A+B)

13,69,260

13,04,772

12,45,691

12,12,930

12,62,039

12,44,322

12,33,454

A.

RBI’s net foreign exchange assets (i-ii)(3)

13,50,398

12,85,910

12,26,829

11,94,068

12,43,177

12,25,460

12,14,592

(i)

Gross foreign assets

13,50,416

12,85,927

12,26,847

11,94,086

12,43,195

12,25,477

12,14,609

(ii)

Foreign liabilities

17

17

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

18,862

18,862

18,862

18,862

18,862

18,862

18,862

4.

Government’s Currency Liabilities to the Public

9,655

9,731

9,787

9,787

9,787

9,787

9,787

5.

Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B)

8,51,780

8,00,216

7,83,268

7,60,839

8,04,870

7,68,382

7,21,448

A.

Net non-monetary liabilities of RBI(3)

3,49,236

3,33,113

3,24,867

2,98,753

3,41,625

3,25,480

3,13,700

B.

Net non-monetary liabilities of other banks(residual)

5,02,543

4,67,103

4,58,400

4,62,086

4,63,245

4,42,902

4,07,747

M (1+2+3+4-5)

42,67,358

43,41,140

43,76,077

44,30,268

44,91,953

45,14,800

45,54,150

Notes : Monetary aggregates as at end-March incorporate data on i) scheduled commercial banks as on last reporting Friday and ii) the Reserve Bank of India pertaining to the last working day of the fiscal year.
Also see ‘Notes on Tables’.