(Rs. crore)

Outstanding

Variation over

as on

Financial year so far

Year-on-year

2002

Fortnight

2001-2002

2002-2003

2001

2002

Item

Mar. 31#

Jul. 26#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

15,00,003

  16,18,276

1,730

0.1

    71,281

5.4

  1,18,274

7.9

  2,09,227

17.8

  2,33,775

16.9

(15.6)

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,399

2,51,163

–6,914

–2.7

9,522

4.5

9,763

4.0

23,931

12.3

32,091

14.6

(ii)

Demand deposits with banks

1,78,284

1,77,526

–706

–0.4

–813

–0.5

–758

–0.4

20,476

14.1

12,069

7.3

(iii)

Time deposits with banks@

10,77,470

11,85,824

9,603

0.8

62,685

6.7

1,08,355

10.1

1,65,415

19.9

1,89,368

19.0

(iv)

"Other" deposits with Reserve Bank

2,850

3,763

–253

–6.3

–113

–3.1

914

32.1

–594

–14.5

246

7.0

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

(i)

Net Bank credit to Government (a+b)

5,86,466

6,39,885

–3,652

–0.6

47,646

9.3

53,419

9.1

80,250

16.7

80,285

14.3

(a) Reserve Bank

1,52,178

1,55,332

–14,080

–8.3

7,678

5.0

3,154

2.1

503

0.3

–6,223

–3.9

(b) Other Banks

4,34,288

4,84,554

10,428

2.2

39,968

11.2

50,265

11.6

79,747

25.1

86,508

21.7

(ii)

Bank credit to commercial sector (a+b)

7,56,265

8,21,222

2,265

0.3

9,786

1.4

64,957

8.6

87,154

14.5

1,32,217

19.2

(a) Reserve Bank

5,929

2,925

–4

–0.1

–1,671

  –12.6

–3,004

–50.7

2,587

28.7

–8,691

–74.8

(b) Other Banks

7,50,336

8,18,297

2,269

0.3

11,457

1.7

67,961

9.1

84,566

14.3

1,40,908

20.8

(iii)

Net foreign exchange assets of banking sector

3,14,733

3,42,135

4,690

1.4

2,948

1.2

27,402

8.7

47,878

23.4

89,368

35.4

(iv)

Government's currency liabilities to the public

6,366

6,456

—

—

286

5.3

89

1.4

814

16.9

816

14.5

(v)

Banking sector's net non-monetary

liabilities other than time deposits

1,63,828

1,91,421

1,574

0.8

–10,616

–8.0

27,594

16.8

6,868

5.9

68,911

56.2

of which : Net non-monetary liabilities of RBI

1,01,220

1,21,343

–220

–0.2

12,829

16.2

20,123

19.9

12,360

15.5

29,169

31.6

@ : 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 exclusive of IMDs.
The monetary aggregates since May 3, 2002 include the impact of the merger of the ICICI with the ICICI Bank.