1. Reserve Bank of India - Liabilities and Assets
(Rs.crore)
Item
2007
2008
Variation
Sep. 28
Sep. 19
Sep. 26#
Week
Year
1
2
3
4
5
6
—
893
7
–886
2. Foreign Exchange Reserves
As on Sep. 26, 2008
Variation over
End-March 2008
End-December 2007
Rs. Crore
US$ Mn.
8
9
10
11
Total Reserves
13,52,622
2,91,819
2,409
–153
1,14,657
–17,904
2,67,602
16,503
3,68,018
44,057
(a) Foreign Currency Assets
13,12,352
2,82,652
2,373
–159*
1,16,329
–16,578
2,61,867
16,099
3,58,771
42,697
(b) Gold
38,064
8,692
–2,060
–1,347
5,245
364
8,789
1,325
(c) SDRs
17
–57
–14
(d) Reserve position in the IMF**
2,189
471
36
445
35
486
39
449
33
* : Foreign currency assets expressed in US dollar terms include the effect of appreciation/depreciation of non-US currencies (such as Euro, Sterling, Yen) held in reserves. For details, please refer to the Current Statistics section of the RBI Bulletin. ** : Reserve Position in the International Monetary Fund (IMF),i.e.,Reserve Tranche Position (RTP) which was shown as a memo item from May 23, 2003 to March 26, 2004 has been included in the reserves from the week ended April 2, 2004 in keeping with the international best practice.
3. Scheduled Commercial Banks - Business in India
(Rs. crore)
Outstanding
as on 2008
Fortnight
Financial year so far
Year-on-year
Sep. 12#
2007-2008
2008-2009
Liabilities to Others
Aggregate deposits
34,05,377
13,916
1,68,161
2,08,438
5,28,744
6,25,282
(0.4)
(6.4)
(6.5)
(23.5)
(22.5)
Demand
4,68,390
–999
–34,293
–55,920
57,095
72,953
Time
29,36,987
14,914
2,02,455
2,64,357
4,71,649
5,52,330
Bank Credit
24,91,248
32,914
44,949
1,29,334
3,67,920
5,15,109
(1.3)
(2.3)
(5.5)
(22.9)
(26.1)
Food Credit
45,190
847
–8,350
791
1,774
7,020
Non-food credit
24,46,058
32,067
53,300
1,28,543
3,66,146
5,08,089
# Provisional
5. Accommodation Provided by Scheduled Commercial Banks to Commercial Sector in the form of Bank Credit and Investments in Shares/Debentures/Bonds/Commercial Paper etc.
2008 - 2009
2007 - 2008
Outstanding as on
(3) - (2)
(6) - (5)
Mar. 28
Sep. 12
Mar. 30
Sep. 14
3. Total (1B + 2)
24,13,021
25,38,971
1,25,951
19,68,214
20,13,314
45,100
Notes : 1. Data on investments are based on Statutory Section 42(2) Returns. 2. Figures in brackets are percentage variations. 3. Includes the impact of mergers since May 3, 2002. 4. Constituents may not add up to total due to rounding off of figures.
7. Money Stock: Components and Sources
Outstanding As on
Mar. 31#
Sep . 12#
Amount
%
12
13
M3
40,06,722
42,26,143
10,850
0.3
1,76,376
5.3
2,19,421
5.5
5,96,325
20.6
7,33,674
21.0
Components (i+ii+iii+iv)
(i)
Currency with the Public
5,67,476
5,93,120
6,559
1.1
11,574
2.4
25,644
4.5
56,935
13.0
98,640
19.9
(ii)
Demand deposits with banks
5,74,408
5,14,947
–2,097
–0.4
–37,288
–7.8
–59,460
–10.4
59,364
15.7
76,549
17.5
(iii)
Time deposits with banks
28,55,769
31,13,321
6,682
0.2
2,04,533
8.7
2,57,552
9.0
4,80,442
23.2
5,58,784
21.9
(iv)
"Other" deposits with Reserve Bank
9,069
4,755
–293
–5.8
–2,442
–32.6
–4,314
–47.6
–416
–7.6
–299
–5.9
Sources (i+ii+iii+iv-v)
Net Bank credit to Government (a+b)
9,07,077
9,73,328
–615
–0.1
55,992
6.7
66,251
7.3
80,281
9.9
83,101
9.3
(a) Reserve Bank
–1,13,209
–71,788
17,442
–62,841
41,421
–67,338
–11,370
(b) Other Banks
10,20,286
10,45,116
–18,057
–1.7
1,18,833
14.3
24,830
1,47,619
18.4
94,471
Bank credit to commercial sector (a+b)
25,69,912
27,06,458
29,853
47,831
2.2
1,36,546
3,80,570
21.2
5,28,549
24.3
1,788
1,463
82
6.0
–154
–10.0
–325
–18.2
–1
80
5.8
25,68,124
27,04,995
29,771
47,985
2.3
1,36,871
3,80,571
5,28,469
22. Secondary Market Transactions in Government Securities (Face Value)
(Amount in Rs. crore)
For the Week Ended Sep. 19, 2008
For the Week Ended Sep. 26, 2008
YTM (%PA) Indicative**
Minimum
Maximum
II.
RBI*
: Sales
25
: Purchase
—+
@ : As reported in Subsidiary General Ledger Accounts at RBI, including 'When Issued' transactions. * : RBI's sales and purchases include transactions in other offices also. ** : Minimum and maximum YTMs (% PA) indicative have been given excluding transactions of Non-standard lot size (Less than Rs.5 crore). Note: Figures in brackets indicate Repo Period.
Ajit Prasad Manager
Press Release: 2008-2009/433