(Rs. crore)

Variation over

Outstanding as on

Financial year so far

Year-on-year

2001

Fortnight

2000-2001

2001-2002

2000

2001

Item

Mar. 31#

May 18#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

13,05,567

13,65,693

10,838

0.8

32,622*

2.9

60,126

4.6

1,52,197*

15.2

2,09,138

18.1

(15.9)

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,09,132

2,28,256

3,770

1.7

14,578

7.7

19,124

9.1

18,313

9.9

24,913

12.3

(ii)

Demand deposits with banks

1,64,551

1,66,413

–1,087

–0.6

–3,950

–2.6

1,861

1.1

20,021

15.9

20,681

14.2

(iii)

Time deposits with banks@

9,27,564

9,66,574

8,512

0.9

22,541

2.9

39,011

4.2

1,14,291

16.5

1,61,656

20.1

(iv)

"Other" deposits with Reserve Bank

4,320

4,450

–357

–7.4

–547 –17.6

131

3.0

–427

–14.3

1,888

73.7

Sources (i+ii+iii+iv-v)

(i)

Net Bank credit to Government sector (a+b)

5,10,704

5,43,061

8,320

1.6

24,900

5.6

32,357

6.3

61,230

15.1

76,783

16.5

(a) Reserve Bank

1,53,237

1,70,490

8,674

5.4

5,115

3.5

17,253

11.3

–1,800

–1.2

17,111

11.2

(b) Other Banks

3,57,467

3,72,571

–355

–0.1

19,784

6.7

15,104

4.2

63,030

25.2

59,672

19.1

(ii)

Bank credit to commercial sector (a+b)

6,70,378

6,80,580

2,129

0.3

727

0.1

10,201

1.5

93,801

19.0

93,289

15.9

(a) Reserve Bank

13,287

11,307

166

1.5

–1,604 –10.5

–1,980

–14.9

3,466

34.0

–2,359

–17.3

(b) Other Banks

6,57,092

6,69,273

1,963

0.3

2,330

0.4

12,181

1.9

90,335

18.7

95,648

16.7

(iii)

Net foreign exchange assets of banking sector

2,44,320

2,48,125

688

0.3

–1,461

–0.7

3,805

1.6

21,314

11.7

43,938

21.5

(iv)

Government's currency liabilities to the public

4,905

4,905

—

—

432

10.1

—

—

769

19.6

211

4.5

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,24,740

1,10,977

299

0.3

–8,025

–7.0

–13,763

–11.0

24,917

30.8

5,083

4.8

of which : Net non-monetary liabilities of R.B.I.

78,015

83,718

247

0.3

1,414

2.0

5,703

7.3

10,059

16.4

12,157

17.0

* : Revised in line with the new accounting standards and consistent with the methodology suggested by the Working Group on Money Supply: Analytics and Methodology of Compilation (June 1998). The revision is in respect of pension and provident funds with commercial banks which are classified as other demand and time liabilities and includes those banks which have reported such changes so far. @ : Includes Rs. 17,945 crore on account of proceeds from Resurgent India Bonds (RIBs), since August 28, 1998 and Rs. 25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000.
Figures in parentheses are net of IMDs. State Government balances as on March 31, 2001 are before closure of accounts.