(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

June 6, 2008

June 20, 2008

1

2

3

4

5

6

1.

Net Bank Credit to Government (A+B)

8,27,626

8,99,518

12,77,199

9,40,825

9,35,642

A.

RBI’s net credit to Government (i-ii)

2,423

-1,13,209

61,580

-1,24,207

-1,13,222

(i)   Claims on Government (a+b)

97,512

1,16,194

1,59,166

50,368

75,511

(a) Central Government (1)

97,184

1,14,725

1,57,488

50,368

75,485

(b) State Governments

328

1,468

1,678

-

25

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

95,089

2,29,403

97,586

1,74,574

1,88,733

(a) Central Government

95,048

2,29,361

95,727

1,74,533

1,88,692

(b) State Governments

41

41

1,859

41

41

B.

Other Banks’ Credit to Government

8,25,204

10,12,727

12,15,619

10,65,032

10,48,864

2.

Bank Credit to Commercial Sector (A+B)

21,28,862

25,78,990

30,13,337

26,02,789

26,09,800

A.

RBI’s credit to commercial sector (2)

1,537

1,788

13,820

1,383

1,408

B.

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

21,27,325

25,77,201

29,99,517

26,01,406

26,08,393

(i)   Bank credit by commercial banks

19,31,189

23,61,914

27,75,549

23,83,344

23,93,239

(ii) Bank credit by co-operative banks

1,77,344

1,98,816

2,09,828

2,00,839

1,98,693

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

18,792

16,472

14,139

17,223

16,461

3.

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

9,13,179

12,95,131

13,52,184

14,07,204

13,61,990

A.

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

8,66,153

12,36,130

12,80,116

13,48,203

13,40,062

(i)   Gross foreign assets

8,66,170

12,36,147

12,80,133

13,48,220

13,40,079

(ii) Foreign liabilities

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

47,026

59,001

72,068

59,001

21,928

4.

Government’s Currency Liabilities to the Public

8,161

9,224

10,054

9,385

9,449

5.

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

5,67,761

7,64,980

8,88,754

8,45,194

8,09,715

A.

Net non-monetary liabilities of RBI(3)

1,77,019

2,10,221

3,87,927

3,02,928

3,07,590

B.

Net non-monetary liabilities of other banks(residual)

3,90,742

5,54,759

5,00,828

5,42,266

5,02,125

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

33,10,068

40,17,883

47,64,019

41,15,010

41,07,165

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

February 2009

March 2009

April 2009

May 2009

June 5, 2009

June 19, 2009

1

7

8

9

10

11

12

1.

Net Bank Credit to Government (A+B)

11,96,919

12,77,199

13,37,262

13,61,107

13,82,793

13,89,955

A.

RBI’s net credit to Government (i-ii)

-39,791

61,580

51,150

57,275

60,134

50,435

(i)   Claims on Government (a+b)

62,342

1,59,166

1,21,508

97,306

1,00,166

73,466

(a) Central Government (1)

62,099

1,57,488

1,20,777

97,306

1,00,166

73,255

(b) State Governments

243

1,678

731

-

-

212

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

1,02,133

97,586

70,358

40,032

40,032

23,032

(a) Central Government

1,02,091

95,727

70,317

39,990

39,991

22,991

(b) State Governments

41

1,859

41

41

41

41

B.

Other Banks’ Credit to Government

12,36,710

12,15,619

12,86,112

13,03,833

13,22,660

13,39,520

2.

Bank Credit to Commercial Sector (A+B)

28,96,375

30,13,337

29,78,813

29,82,991

30,04,799

30,14,976

A.

RBI’s credit to commercial sector (2)

6,841

13,820

13,036

12,995

12,641

12,745

B.

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

28,89,535

29,99,517

29,65,777

29,69,996

29,92,158

30,02,232

(i)   Bank credit by commercial banks

26,67,928

27,75,549

27,44,490

27,35,750

27,57,210

27,70,216

(ii) Bank credit by co-operative banks

2,07,862

2,09,828

2,07,173

2,12,833

2,13,506

2,11,282

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

13,744

14,139

14,115

21,413

21,442

20,734

3.

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

13,03,156

13,52,184

13,33,287

13,00,114

12,97,374

13,35,434

A.

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

12,60,424

12,80,116

12,61,219

12,28,046

12,25,306

12,63,366

(i)   Gross foreign assets

12,60,442

12,80,133

12,61,236

12,28,063

12,25,323

12,63,383

(ii) Foreign liabilities

17

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

42,731

72,068

72,068

72,068

72,068

72,068

4.

Government’s Currency Liabilities to the Public

9,984

10,054

10,121

10,212

10,212

10,212

5.

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

7,51,753

8,88,754

7,83,034

7,16,146

7,48,416

8,13,856

A.

Net non-monetary liabilities of RBI(3)

3,56,855

3,87,927

3,78,042

3,53,101

3,50,998

3,88,008

B.

Net non-monetary liabilities of other banks(residual)

3,94,898

5,00,828

4,04,993

3,63,044

3,97,418

4,25,847

M₃(1+2+3+4-5)

46,54,682

47,64,019

48,76,448

49,38,278

49,46,761

49,36,721

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’.