(` Billion)

M₃

73,592.0

77,993.8

–319.2

–0.4

3,754.9

5.8

4,401.8

6.0

9,803.4

16.6

9,197.7

13.4

Components (i+ii+iii+iv)

(i) Currency with the Public

10,265.0

10,638.4

–23.6

–0.2

301.9

3.3

373.4

3.6

1,159.6

14.0

1,218.1

12.9

(ii) Demand Deposits with Banks

7,049.1

6,799.3

92.6

1.4

–835.6

–11.6

–249.8

–3.5

–504.3

–7.3

406.3

6.4

(iii) Time Deposits with Banks

56,249.7

60,538.7

–391.0

–0.6

4,302.0

8.8

4,289.1

7.6

9,165.3

20.9

7,579.1

14.3

(iv) ‘Other’ Deposits with Reserve Bank

28.2

17.4

2.7

18.6

–13.4

–36.6

–10.9

–38.4

–17.2

–42.6

–5.8

–24.9

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

(i) Net Bank Credit to Government (a+b)

23,695.5

25,844.1

–387.7

–1.5

1,684.0

8.5

2,148.6

9.1

3,875.2

22.0

4,321.1

20.1

(a) Reserve Bank

5,357.4

5,362.0

–64.0

–398.9

4.7

1,499.0

1,795.4

(b) Other Banks

18,338.1

20,482.0

–323.7

–1.6

2,082.9

13.1

2,144.0

11.7

2,376.2

15.3

2,525.7

14.1

(ii) Bank Credit to Commercial Sector (a+b)

49,594.3

51,271.3

162.0

0.3

1,800.3

4.2

1,677.1

3.4

7,204.7

19.5

7,104.3

16.1

(a) Reserve Bank

39.6

36.2

–2.4

—

–3.8

—

–3.4

—

4.6

—

18.3

—

(b) Other Banks

49,554.7

51,235.2

164.5

0.3

1,804.1

4.3

1,680.5

3.4

7,200.1

19.5

7,085.9

16.1

(iii) Net Foreign Exchange Assets of Banking Sector *

15,437.8

16,084.7

–320.6

–2.0

1,605.0

11.5

646.9

4.2

1,904.4

14.0

546.3

3.5

(iv) Government's Currency Liabilities to the Public

142.7

150.5

—

—

5.9

4.6

7.7

5.4

13.1

10.9

17.3

13.0

(v) Banking Sector's Net Non-Monetary Liabilities

15,278.3

15,356.7

–227.0

–1.5

1,340.1

11.9

78.5

0.5

3,193.9

34.1

2,791.3

22.2

of which:

Net Non-Monetary Liabilities of RBI

6,038.4

6,801.0

–266.0

–3.8

1,583.4

43.0

762.6

12.6

1,787.2

51.4

1,534.2

29.1

*Includes investments in foreign currency denominated bonds issued by IIFC(UK) since March 20, 2009.
Note:Government balances as on March 31, 2012 are after closure of accounts.