(Amount in Rupees crore)

Outstan-

Variations

ding as on

Financial year

April-June

Item

March 31,

2000-01P

1999-2000

2001-02P

2000-01P

2001P

Absolute

Per cent

Absolute

Per cent

Absolute

Per cent

Absolute

Per cent

1

2

3

4

5

6

7

8

9

10

Monetary Aggregates

M₁

(C.I+C.II.1+C.III)

3,78,431

36,635

10.7

32,728

10.6

15,967

4.2

11,232

3.3

NM₂

(M₁+C.II.2.1)

758,914

89,182

13.3

81,338

13.8

38,798

5.1

28,384

4.2

NM₃

(NM₂+C.II.2.2+C.IV =

S.I+S.II+S.III-S.IV-S.V)

12,26,514

1,53,238

14.3

1,42,342

15.3

66,353

5.4

49,067

4.6

Components

C.I

Currency with the Public

2,09,445

20,363

10.8

20,137

11.9

12,294

5.9

8,415

4.5

C.II

Aggregate Deposits of Residents

10,10,873

1,32,447

15.1

1,21,314

16.0

54,049

5.3

39,317

4.5

(C.II.1+C.II.2)

C.II.1

Demand Deposits

1,65,357

15,676

10.5

13,295

9.7

3,315

2.0

1,203

0.8

C.II.2

Time Deposits of Residents

8,45,516

1,16,771

16.0

1,08,019

17.4

50,735

6.0

38,114

5.2

(C.II.2.1+C.II.2.2)

C.II.2.1

Short-term

Time Deposits

3,80,482

52,547

16.0

48,608

17.4

22,831

6.0

17,151

5.2

C.II.2.1.1

Certificates of

Deposits (CDs)

1,012

-471

-31.8

-3,772

-71.8

166

16.4

-265

-17.9

C.II.2.2

Long-term Time

Deposits

4,65,034

64,224

16.0

59,410

17.4

27,904

6.0

20,963

5.2

C.III

'Other' Deposits with the RBI

3,630

596

19.6

-703

-18.8

359

9.9

1,614

53.2

C.IV

Call/Term Funding from

Financial Institutions

2,566

-168

-6.1

1,594

139.8

-349

-13.6

-279

-10.2

Sources

S.I

Domestic Credit (S.I.1+S.I.2)

13,11,156

1,72,571

15.2

1,69,996

17.6

49,887

3.8

49,054

4.3

S.I.1

Net Bank Credit to the

Government (S.I.1.1+S.I.1.2)

5,12,509

71,130

16.1

54,702

14.1

39,838

7.8

29,209

6.6

S.I.1.1

Net RBI credit to

the Government

1,53,877

5,613

3.8

-4,275

-2.8

15,742

10.2

8,303

5.6

S.I.1.2

Credit to the

Government by the

3,58,632

65,517

22.4

58,977

25.2

24,096

6.7

20,906

7.1

Banking System

S.I.2

Bank Credit to the

Commercial Sector

7,98,647

1,01,440

14.5

1,15,295

19.8

10,049

1.3

19,845

2.8

(S.I.2.1+S.I.2.2)

S.I.2.1

RBI Credit to the

Commercial Sector

19,887

-1,267

-6.0

3,279

18.3

-3,885

-19.5

-3,932

-18.6

S.I.2.2

Credit to the

Commercial Sector

7,78,760

1,02,708

15.2

1,12,016

19.9

13,934

1.8

23,777

3.5

by the Banking

System

S.I.2.2.1

Other Investments

(Non-SLR Securities)

1,19,046

15,994

15.5

23,269

29.2

2,140

1.8

4,339

4.2

S.II

Government's Currency

Liabilities to the Public

5,354

776

16.9

732

19.0

0

0.0

182

4.0

S.III

Net Foreign Exchange Assets of

the Banking Sector (S.III.1+S.III.2)

1,61,246

18,850

13.2

17,585

14.1

12,170

7.5

-1,222

-0.9

S.III.1

Net Foreign Exchange Assets

of the RBI

1,97,175

31,295

18.9

27,927

20.2

7,187

3.6

-1,824

-1.1

S.III.2

Net Foreign Currency Assets

-35,929

-12,445

53.0

-10,341

78.7

4,983

-13.9

602

-2.6

of the Banking System

S.IV

Capital Account

1,54,240

18,822

13.9

12,797

10.4

6,137

4.0

14,768

10.9

S.V

Other items (net)

97,002

20,135

26.2

33,174

75.9

-10,433

-10.8

-15,820

-20.6

Note :

1. Data are provisional.

2. The details of the compilation of the new monetary aggregates are available in the report of the Working Group on Money Supply : Analytics and Methodology of Compilation (Chairman: Dr. Y.V. Reddy), June 1998. A link series between the old and present monetary series has been published in the article entitled "New Monetary Aggregates: An Introduction", RBI Bulletin, October 1999.