(Amount in rupees crore)

Outstanding

Variations

as on

Financial year

April-June

Item

March 31,

2002-03

2001-02

2003-04

2002-03

2003

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)

4,72,771

47,875

11.3

45,736

12.1

27,463

5.8

17,507

4.1

NM₂ (M1+C.II.2.1)

9,94,545

1,23,287

14.2

1,11,565

14.7

50,766

5.1

55,917

6.4

NM₃ (NM₂+C.II.2.2+C.IV = S.I+S.II+S.III-S.IV-S.V)

16,44,907

2,25,067

15.9

1,92,484

15.7

81,766

5.0

1,09,310

7.7

(16,15,236)

  (1,95,396)

(13.8)

(69,605)

(4.9)

Components

C.I

Currency with the Public

2,71,109

30,455

12.7

31,178

14.9

16,643

6.1

14,477

6.0

C.II

Aggregate Deposits of Residents

13,57,918

1,84,610

15.7

1,61,624

16.0

61,682

4.5

87,996

7.5

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

(13,28,247)

(1,54,939)

(13.2)

(48,291)

(4.1)

C.II.1

Demand Deposits

1,98,420

17,027

9.4

15,339

9.2

9,899

5.0

2,640

1.5

C.II.2

Time Deposits of Residents

11,59,499

1,67,583

16.9

1,46,287

17.3

51,782

4.5

85,355

8.6

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

(11,29,828)

(1,37,912)

(13.9)

(45,650)

(4.6)

C.II.2.1

Short-term Time Deposits

5,21,774

75,412

16.9

65,829

17.3

23,303

4.5

38,410

8.6

C.II.2.1.1

Certificates of Deposits (CDs)

722

-1,511

-67.7

1,221

120.7

493

68.3

-482

-21.6

C.II.2.2

Long-term Time Deposits

6,37,724

92,170

16.9

80,458

17.3

28,481

4.5

46,945

8.6

C.III

‘Other’ Deposits with RBI

3,242

392

13.8

-780

-21.5

921

28.4

388

13.6

C.IV

Call/Term Funding from Financial Institutions

12,638

9,609

317.2

463

18.0

2,520

19.9

6,448

212.9

Sources

S.I

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

17,35,917

2,46,611

16.6

1,74,283

13.3

43,824

2.5

1,06,807

7.2

S.I.1

Net Bank Credit to the Government

6,77,787

87,885

14.9

77,738

15.2

31,549

4.7

46,420

7.9

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

S.I.1.1

Net RBI Credit to the Government

1,20,679

-31,499

-20.7

-1,699

-1.1

-4,450

-3.7

-4,212

-2.8

S.I.1.2

Credit to the Government by

5,57,108

1,19,384

27.3

79,437

22.2

35,999

6.5

50,633

11.6

the Banking System

S.I.2

Bank Credit to the Commercial Sector

10,58,129

1,58,725

17.6

96,545

12.0

12,277

1.2

60,387

6.7

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

S.I.2.1

RBI Credit to the Commercial Sector

8,840

-3,589

-28.9

-7,458

-37.5

-1,426

-16.1

-3,855

-31.0

S.I.2.2

Credit to the Commercial Sector by

10,49,289

1,62,314

18.3

1,04,003

13.3

13,703

1.3

64,242

7.2

the Banking System

S.I.2.2.1

Other Investments ( Non-SLR Securities)

1,43,202

14,299

11.1

9,857

8.3

1,342

0.9

6,664

5.2

S.II

Government’s Currency Liabilities to the Public

7,071

705

11.1

1,012

18.9

1

0.0

168

2.6

S.III

Net Foreign Exchange Assets of

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

2,89,877

64,039

28.4

64,592

40.1

23,609

8.1

22,027

9.8

S.III.1

Net Foreign Exchange Assets of the RBI

3,58,244

94,275

35.7

66,794

33.9

22,710

6.3

19,279

7.3

S.III.2

Net Foreign Currency Assets of

-68,366

-30,235

79.3

-2,202

6.1

898

-1.3

2,748

-7.2

the Banking System

S.IV

Capital Account

2,21,586

37,259

20.2

30,084

19.5

14,878

6.7

26,477

14.4

S.V

Other Items (net)

1,66,372

49,030

41.8

17,318

17.3

-29,210

-17.6

-6,785

-5.8

Note : 1. Data provisional

2. Figures in brackets exclude the impact of mergers since May 3, 2002.