(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

July 04, 2008

July 18, 2008

March 2009

1

2

3

4

5

6

7

1.

Net Bank Credit to Government (A+B)

8,27,626

8,99,518

12,77,199

9,50,386

9,67,583

12,77,199

A. RBI’s net credit to Government (i-ii)

2,423

-1,13,209

61,580

-1,09,022

-59,096

61,580

(i) Claims on Government (a+b)

97,512

1,16,194

1,59,166

65,552

1,12,485

1,59,166

(a) Central Government (1)

97,184

1,14,725

1,57,488

65,552

1,12,485

1,57,488

(b) State Governments

328

1,468

1,678

-

-

1,678

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

95,089

2,29,403

97,586

1,74,574

1,71,581

97,586

(a) Central Government

95,048

2,29,361

95,727

1,74,533

1,71,540

95,727

(b) State Governments

41

41

1,859

41

41

1,859

B. Other Banks’ Credit to Government

8,25,204

10,12,727

12,15,619

10,59,409

10,26,679

12,15,619

2.

Bank Credit to Commercial Sector (A+B)

21,28,862

25,78,990

30,13,337

26,20,625

26,23,106

30,13,337

A. RBI’s credit to commercial sector (2)

1,537

1,788

13,820

1,381

1,438

13,820

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

21,27,325

25,77,201

29,99,517

26,19,245

26,21,669

29,99,517

(i)  Bank credit by commercial banks

19,31,189

23,61,914

27,75,549

24,05,599

24,07,308

27,75,549

(ii) Bank credit by co-operative banks

1,77,344

1,98,816

2,09,828

1,97,933

1,98,556

2,09,828

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

18,792

16,472

14,139

15,713

15,805

14,139

3.

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

9,13,179

12,95,131

13,52,184

13,51,973

13,33,609

13,52,184

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

8,66,153

12,36,130

12,80,116

13,30,045

13,11,682

12,80,116

(i) Gross foreign assets

8,66,170

12,36,147

12,80,133

13,30,063

13,11,699

12,80,133

(ii) Foreign liabilities

17

17

17

17

17

17

B. Other banks’ net foreign exchange assets

47,026

59,001

72,068

21,928

21,928

72,068

4.

Government’s Currency Liabilities to the Public

8,161

9,224

10,054

9,449

9,513

10,054

5.

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

5,67,761

7,64,980

8,88,754

7,76,264

7,84,789

8,88,754

A. Net non-monetary liabilities of RBI(3)

1,77,019

2,10,221

3,87,927

3,16,809

3,15,691

3,87,927

B. Net non-monetary liabilities of
other banks(residual)

3,90,742

5,54,759

5,00,828

4,59,455

4,69,099

5,00,828

M₃ (1+2+3+4-5)

33,10,068

40,17,883

47,64,019

41,56,170

41,49,022

47,64,019

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

April 2009

May 2009

June 2009

July 03, 2009

July 17, 2009

July 31, 2009

1

8

9

10

11

12

13

1.

Net Bank Credit to Government (A+B)

13,37,262

13,61,107

13,89,955

14,06,681

14,12,547

14,12,799

A. RBI’s net credit to Government (i-ii)

51,150

57,275

50,435

24,502

41,940

27,846

(i)   Claims on Government (a+b)

1,21,508

97,306

73,466

52,795

64,058

59,363

(a) Central Government (1)

1,20,777

97,306

73,255

52,513

64,058

59,363

(b) State Governments

731

-

212

282

-

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

70,358

40,032

23,032

28,293

22,117

31,517

(a) Central Government

70,317

39,990

22,991

28,252

22,076

31,476

(b) State Governments

41

41

41

41

41

41

B. Other Banks’ Credit to Government

12,86,112

13,03,833

13,39,520

13,82,179

13,70,607

13,84,953

2.

Bank Credit to Commercial Sector (A+B)

29,78,813

29,82,991

30,14,976

30,40,742

30,19,152

30,48,659

A. RBI’s credit to commercial sector (2)

13,036

12,995

12,745

12,229

11,933

11,656

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

29,65,777

29,69,996

30,02,232

30,28,513

30,07,219

30,37,003

(i)   Bank credit by commercial banks

27,44,490

27,35,750

27,70,216

27,98,747

27,77,562

28,07,033

(ii) Bank credit by co-operative banks

2,07,173

2,12,833

2,11,282

2,09,099

2,09,288

2,09,351

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

14,115

21,413

20,734

20,667

20,370

20,620

3.

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

13,33,287

13,00,114

13,35,434

13,36,383

13,62,446

13,75,027

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

12,61,219

12,28,046

12,63,366

12,64,315

12,90,378

13,02,959

(i)   Gross foreign assets

12,61,236

12,28,063

12,63,383

12,64,333

12,90,396

13,02,977

(ii) Foreign liabilities

17

17

17

17

17

17

B. Other banks’ net foreign exchange assets

72,068

72,068

72,068

72,068

72,068

72,068

4.

Government’s Currency Liabilities to the Public

10,121

10,212

10,212

10,212

10,212

10,212

5.

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

7,83,034

7,16,146

8,13,856

8,07,571

8,32,340

8,22,957

A. Net non-monetary liabilities of RBI(3)

3,78,042

3,53,101

3,88,008

3,83,000

4,08,491

4,20,337

B. Net non-monetary liabilities of
other banks(residual)

4,04,993

3,63,044

4,25,847

4,24,571

4,23,850

 4,02,621

M₃ (1+2+3+4-5)

48,76,448

49,38,278

49,36,721

49,86,446

49,72,017

50,23,740

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. Net Foreign Exchange Assets of the RBI includes investment in foreign currency denominated bonds issued by IIFC (UK) since March 20, 2009. Also see ‘Notes on Tables’.