(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

September 12, 2008

September 26,
2008

1

2

3

4

5

6

1.

Net Bank Credit to Government (A+B)

8,27,626

8,99,518

12,77,199

9,70,501

9,67,296

A.

RBI’s net credit to Government (i-ii)

2,423

-1,13,209

61,580

-71,788

-61,862

(i)

Claims on Government (a+b)

97,512

1,16,194

1,59,166

1,04,020

1,32,442

(a)

Central Government (1)

97,184

1,14,725

1,57,488

1,03,623

1,32,435

(b)

State Governments

328

1,468

1,678

397

7

(ii)

Government deposits with RBI (a+b)

95,089

2,29,403

97,586

1,75,808

1,94,303

(a)

Central Government

95,048

2,29,361

95,727

1,75,767

1,94,262

(b)

State Governments

41

41

1,859

41

41

B.

Other Banks’ Credit to Government

8,25,204

10,12,727

12,15,619

10,42,288

10,29,158

2.

Bank Credit to Commercial Sector (A+B)

21,28,862

25,78,990

30,13,337

27,06,605

27,72,938

A.

RBI’s credit to commercial sector (2)

1,537

1,788

13,820

1,463

1,867

B.

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

21,27,325

25,77,201

29,99,517

27,05,142

27,71,071

(i)

Bank credit by commercial banks

19,31,189

23,61,914

27,75,549

24,95,558

25,51,026

(ii)

Bank credit by co-operative banks

1,77,344

1,98,816

2,09,828

1,93,791

2,03,788

(iii)

Investments by commercial andco-operative banks in other securities

18,792

16,472

14,139

15,793

16,258

3.

Net Foreign Exchange Assets ofBanking Sector (A+B)

9,13,179

12,95,131

13,52,184

13,42,916

13,69,260

A.

RBI’s net foreign exchange assets (iii)(3)

8,66,153

12,36,130

12,80,116

13,20,988

13,50,398

(i)

Gross foreign assets

8,66,170

12,36,147

12,80,133

13,21,005

13,50,416

(ii)

Foreign liabilities

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

47,026

59,001

72,068

21,928

18,862

4.

Government’s Currency Liabilities to the Public

8,161

9,224

10,054

9,624

9,655

5.

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

5,67,761

7,64,980

8,88,754

7,90,481

8,35,605

A.

Net non-monetary liabilities of RBI(3)

1,77,019

2,10,221

3,87,927

3,04,537

3,49,238

B.

Net non-monetary liabilities ofother banks(residual)

3,90,742

5,54,759

5,00,828

4,85,944

4,86,367

M₃ (1+2+3+4-5)

33,10,068

40,17,883

47,64,019

42,39,165

42,83,545

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

May 2009

June 2009

July
2009

August 2009

September 11, 2009

September 25, 2009

1

8

9

10

11

12

13

1.

Net Bank Credit to Government (A+B)

13,66,856

13,96,260

14,13,086

14,30,263

14,41,037

14,59,606

A.

RBI’s net credit to Government (i-ii)

57,275

50,435

27,846

10,151

41,861

35,482

(i)

Claims on Government (a+b)

97,306

73,466

59,363

60,427

60,775

85,171

(a) Central Government (1)

97,306

73,255

59,363

60,337

60,133

84,944

(b) State Governments

-

212

-

90

642

227

(ii)

Government deposits with RBI (a+b)

40,032

23,032

31,517

50,276

18,915

49,689

(a) Central Government

39,990

22,991

31,476

50,235

18,874

49,648

(b) State Governments

41

41

41

41

41

41

B.

Other Banks’ Credit to Government

13,09,582

13,45,826

13,85,241

14,20,112

13,99,177

14,24,124

2.

Bank Credit to Commercial Sector (A+B)

29,76,520

30,05,600

30,50,229

30,53,215

30,71,518

31,21,225

A.

RBI’s credit to commercial sector (2)

12,995

12,745

11,656

10,176

9,726

10,807

B.

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

29,63,525

29,92,855

30,38,573

30,43,039

30,61,792

31,10,418

(i)

Bank credit by commercial banks

27,36,452

27,67,986

28,07,033

28,07,583

28,25,957

28,73,155

(ii)

Bank credit by co-operative banks

2,12,802

2,11,282

2,10,956

2,15,453

2,15,507

2,17,125

(iii)

Investments by commercial and co-operative banks in other securities

14,270

13,587

20,584

20,003

20,328

20,137

3.

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

13,00,114

13,14,261

13,53,854

13,71,850

13,83,523

13,64,380

A.

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

12,28,046

12,63,366

13,02,959

13,20,955

13,32,628

13,13,485

(i)

Gross foreign assets

12,28,063

12,63,383

13,02,977

13,20,973

13,32,646

13,13,503

(ii)

Foreign liabilities

17

17

17

17

17

17

B.

Other banks’ net foreign exchange assets

72,068

50,895

50,895

50,895

50,895

50,895

4.

Government’s Currency Liabilities to the Public

10,212

10,308

10,417

10,504

10,504

10,504

5.

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

7,18,333

7,92,025

8,04,034

8,22,720

8,34,264

8,59,904

A.

Net non-monetary liabilities of RBI(3)

3,53,105

3,89,591

4,21,889

4,15,682

4,22,871

4,05,107

B.

Net non-monetary liabilities of other banks(residual)

3,65,227

4,02,434

3,82,146

4,07,039

4,11,393

4,54,796

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

49,35,368

49,34,404

50,23,552

50,43,113

50,72,319

50,95,812

Notes : 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’.