(Rs. crore)

Source

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

2006-07

2007-08

2008-09

May 9, 2008

May 23, 2008

1

2

3

4

5

6

1.

Net Bank Credit to Government (A+B)

8,27,626

8,99,518

12,77,199

9,11,212

9,21,695

A.

RBI’s net credit to Government (i-ii)

2,423

-1,13,209

61,580

-1,40,575

-1,44,323

(i)   Claims on Government (a+b)

97,512

1,16,194

1,59,166

38,175

31,180

(a) Central Government (1)

97,184

1,14,725

1,57,488

37,557

30,878

(b) State Governments

328

1,468

1,678

617

303

(ii) Government deposits with RBI (a+b)

95,089

2,29,403

97,586

1,78,750

1,75,504

(a) Central Government

95,048

2,29,361

95,727

1,78,708

1,75,462

(b) State Governments

41

41

1,859

41

41

B.

Other Banks’ Credit to Government

8,25,204

10,12,727

12,15,619

10,51,788

10,66,018

2.

Bank Credit to Commercial Sector (A+B)

21,28,862

25,78,990

30,13,337

25,60,930

25,79,850

A.

RBI’s credit to commercial sector (2)

1,537

1,788

13,820

1,383

1,383

B.

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

21,27,325

25,77,201

29,99,517

25,59,547

25,78,467

(i)   Bank credit by commercial banks

19,31,189

23,61,914

27,75,549

23,48,100

23,61,207

(ii) Bank credit by co-operative banks

1,77,344

1,98,816

2,09,828

1,95,120

2,00,345

(iii) Investments by commercial and co-operative banks in other securities

18,792

16,472

14,139

16,326

16,915

3.

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

9,13,179

12,95,131

13,52,184

13,50,012

14,08,896

A.

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

8,66,153

12,36,130

12,80,116

12,91,010

13,49,895

(i)   Gross foreign assets

8,66,170

12,36,147

12,80,133

12,91,028

13,49,912

(ii) Foreign liabilities

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

47,026

59,001

72,068

59,001

59,001

4.

Government’s Currency Liabilities to the Public

8,161

9,224

10,054

9,319

9,385

5.

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

5,67,761

7,64,980

8,88,754

7,60,200

8,24,105

A.

Net non-monetary liabilities of RBI(3)

1,77,019

2,10,221

3,87,927

2,46,411

3,04,573

B.

Net non-monetary liabilities of other banks(residual)

3,90,742

5,54,759

5,00,828

5,13,789

5,19,532

M3 (1+2+3+4-5)

33,10,068

40,17,883

47,64,019

40,71,273

40,95,722

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

(Rs.crore)

Source

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

January 2009

February 2009

March 2009

April 2009

May 8, 2009

May 22, 2009

1

7

8

9

10

11

12

1.

Net Bank Credit to Government (A+B)

11,71,229

11,96,919

12,77,199

13,37,262

13,61,615

13,61,107

A.

RBI’s net credit to Government (i-ii)

-46,952

-39,791

61,580

51,150

42,490

57,275

(i)   Claims on Government (a+b)

61,954

62,342

1,59,166

1,21,508

83,191

97,306

(a) Central Government (1)

61,174

62,099

1,57,488

1,20,777

83,191

97,306

(b) State Governments

779

243

1,678

731

0

0

(ii) Government deposits with RBI (a+b)

1,08,906

1,02,133

97,586

70,358

40,702

40,032

(a) Central Government

1,08,864

1,02,091

95,727

70,317

40,029

39,990

(b) State Governments

41

41

1,859

41

673

41

B.

Other Banks’ Credit to Government

12,18,181

12,36,710

12,15,619

12,86,112

13,19,125

13,03,833

2.

Bank Credit to Commercial Sector (A+B)

28,59,211

28,96,375

30,13,337

29,78,813

29,87,367

29,82,991

A.

RBI’s credit to commercial sector (2)

4,399

6,841

13,820

13,036

12,779

12,995

B.

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

28,54,812

28,89,535

29,99,517

29,65,777

29,74,588

29,69,996

(i)   Bank credit by commercial banks

26,37,780

26,67,928

27,75,549

27,44,490

27,52,996

27,35,750

(ii) Bank credit by co-operative banks

2,03,244

2,07,862

2,09,828

2,07,173

2,07,597

2,12,833

(iii) Investments by commercial and
co-operative banks in other securities

13,788

13,744

14,139

14,115

13,996

21,413

3.

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

12,57,323

13,03,156

13,52,184

13,33,287

13,28,730

13,00,114

A.

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

12,14,592

12,60,424

12,80,116

12,61,219

12,56,662

12,28,046

(i)   Gross foreign assets

12,14,609

12,60,442

12,80,133

12,61,236

12,56,679

12,28,063

(ii) Foreign liabilities

17

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

42,731

42,731

72,068

72,068

72,068

72,068

4.

Government’s Currency Liabilities to the Public

9,917

9,984

10,054

10,121

10,121

10,212

5.

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

7,34,167

7,51,753

8,88,754

7,83,034

7,73,925

7,16,146

A.

Net non-monetary liabilities of RBI(3)

3,13,736

3,56,855

3,87,927

3,78,042

3,81,894

3,53,101

B.

Net non-monetary liabilities of other banks(residual)

4,20,431

3,94,898

5,00,828

4,04,993

3,92,031

3,63,044

M3 (1+2+3+4-5)

45,63,513

46,54,682

47,64,019

48,76,448

49,13,907

49,38,278

Note : 1. 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.
2. Government Balances as on March 31, 2009 are after closure of accounts.
3. Net Foreign Exchange Assets of the RBI includes investments in foreign currency denominated bonds issued by IIFC (UK) since March 20, 2009.
Also see ‘Notes on Tables’.