Item | 2022-23 | 2021-22 | 2022-23 |
Q3 | Q4 | Q3 | Q4 |
1 | 2 | 3 | 4 | 5 |
1 Real Sector (% Change) | | | | | |
1.1 GVA at Basic Prices | 7.0 | 4.7 | 3.9 | 4.7 | 6.5 |
1.1.1 Agriculture | 4.0 | 2.3 | 4.1 | 4.7 | 5.5 |
1.1.2 Industry | 2.4 | 2.2 | 1.3 | 0.1 | 4.7 |
1.1.3 Services | 9.5 | 6.5 | 4.9 | 6.4 | 7.4 |
1.1a Final Consumption Expenditure | 6.4 | 10.2 | 5.8 | 1.8 | 2.7 |
1.1b Gross Fixed Capital Formation | 11.4 | 1.2 | 4.9 | 8.0 | 8.9 |
| 2022-23 | 2022 | 2023 |
Mar. | Apr. | Mar. | Apr. |
| 1 | 2 | 3 | 4 | 5 |
1.2 Index of Industrial Production | 5.2 | 2.2 | 6.7 | 1.7 | 4.2 |
2 Money and Banking (% Change) | | | | | |
2.1 Scheduled Commercial Banks | | | | | |
2.1.1 Deposits | 9.6 | 8.9 | 10.0 | 9.6 | 10.1 |
2.1.2 Credit # | 15.0 | 9.6 | 11.0 | 15.0 | 15.7 |
2.1.2.1 Non-food Credit # | 15.4 | 9.7 | 11.4 | 15.4 | 15.9 |
2.1.3 Investment in Govt. Securities | 14.5 | 6.0 | 6.6 | 14.5 | 13.1 |
2.2 Money Stock Measures | | | | | |
2.2.1 Reserve Money (M0) | 7.8 | 13.0 | 13.2 | 7.8 | 10.2 |
2.2.2 Broad Money (M3) | 9.0 | 8.8 | 9.5 | 9.0 | 9.5 |
3 Ratios (%) | | | | | |
3.1 Cash Reserve Ratio | 4.50 | 4.00 | 4.00 | 4.50 | 4.50 |
3.2 Statutory Liquidity Ratio | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 |
3.3 Cash-Deposit Ratio | 5.0 | 4.7 | 5.0 | 5.0 | 5.3 |
3.4 Credit-Deposit Ratio | 75.8 | 72.2 | 71.5 | 75.8 | 75.1 |
3.5 Incremental Credit-Deposit Ratio # | 113.0 | 77.2 | 34.7 | 113.0 | 46.5 |
3.6 Investment-Deposit Ratio | 30.0 | 28.7 | 28.8 | 30.0 | 29.5 |
3.7 Incremental Investment-Deposit Ratio | 43.5 | 19.7 | 31.0 | 43.5 | 10.0 |
4 Interest Rates (%) | | | | | |
4.1 Policy Repo Rate | 6.50 | 4.00 | 4.00 | 6.50 | 6.50 |
4.2 Fixed Reverse Repo Rate | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 |
4.3 Standing Deposit Facility (SDF) Rate * | 6.25 | - | 3.75 | 6.25 | 6.25 |
4.4 Marginal Standing Facility (MSF) Rate | 6.75 | 4.25 | 4.25 | 6.75 | 6.75 |
4.5 Bank Rate | 6.75 | 4.25 | 4.25 | 6.75 | 6.75 |
4.6 Base Rate | 8.65/10.10 | 7.25/8.80 | 7.25/8.80 | 8.65/10.10 | 8.75/10.10 |
4.7 MCLR (Overnight) | 7.50/8.50 | 6.45/7.00 | 6.50/7.00 | 7.50/8.50 | 7.90/8.50 |
4.8 Term Deposit Rate >1 Year | 6.00/7.25 | 5.00/5.60 | 5.00/5.60 | 6.00/7.25 | 6.00/7.25 |
4.9 Savings Deposit Rate | 2.70/3.00 | 2.70/3.00 | 2.70/3.00 | 2.70/3.00 | 2.70/3.00 |
4.10 Call Money Rate (Weighted Average) | 6.78 | 3.34 | 3.63 | 6.78 | 6.70 |
4.11 91-Day Treasury Bill (Primary) Yield | - | 3.84 | 3.98 | - | 6.82 |
4.12 182-Day Treasury Bill (Primary) Yield | 7.28 | 4.27 | 4.40 | 7.28 | 6.97 |
4.13 364-Day Treasury Bill (Primary) Yield | 7.31 | 4.58 | 4.81 | 7.31 | 7.00 |
4.14 10-Year G-Sec Par Yield (FBIL) | 7.31 | 6.86 | 7.15 | 7.31 | 7.12 |
5 Reference Rate and Forward Premia | | | | | |
5.1 INR-US$ Spot Rate (Rs. Per Foreign Currency) | 82.22 | 76.18 | 76.42 | 82.22 | 81.78 |
5.2 INR-Euro Spot Rate (Rs. Per Foreign Currency) | 89.61 | 84.01 | 80.58 | 89.61 | 90.08 |
5.3 Forward Premia of US$ 1-month (%) | 2.41 | 5.67 | 4.08 | 2.41 | 1.73 |
3-month (%) | 2.19 | 4.46 | 3.77 | 2.19 | 1.82 |
6-month (%) | 2.31 | 4.10 | 3.69 | 2.31 | 1.98 |
6 Inflation (%) | | | | | |
6.1 All India Consumer Price Index | 6.7 | 7.0 | 7.8 | 5.7 | 4.7 |
6.2 Consumer Price Index for Industrial Workers | 6.1 | 5.4 | 6.3 | 5.8 | 5.1 |
6.3 Wholesale Price Index | 9.6 | 14.6 | 15.4 | 1.4 | -0.9 |
6.3.1 Primary Articles | 10.3 | 15.9 | 15.2 | 2.5 | 1.6 |
6.3.2 Fuel and Power | 29.4 | 31.8 | 38.8 | 8.7 | 0.9 |
6.3.3 Manufactured Products | 5.7 | 11.3 | 11.4 | -0.7 | -2.4 |
7 Foreign Trade (% Change) | | | | | |
7.1 Imports | 16.5 | 29.0 | 26.1 | -4.9 | -14.1 |
7.2 Exports | 6.9 | 26.4 | 29.1 | -6.0 | -12.5 |
Note : Financial Benchmark India Pvt. Ltd. (FBIL) has commenced publication of the G-Sec benchmarks with effect from March 31, 2018 as per RBI circular FMRD.DIRD.7/14.03.025/2017-18 dated March 31, 2018. FBIL has started dissemination of reference rates w.e.f. July 10, 2018. *: As per Press Release No. 2022-2023/41 dated April 08, 2022 #: Bank credit growth and related ratios for all fortnights from December 3, 2021 to November 18, 2022 are adjusted for past reporting errors by select scheduled commercial banks (SCBs) 1.2 & 6: Annual data are average of months. 3.5 & 3.7: Relate to ratios of increments over financial year so far. 4.1 to 4.4, 4.8, 4.9 & 5: Relate to the last friday of the month/financial year. 4.5, 4.6 & 4.7: Relate to five major banks on the last Friday of the month/financial year. 4.10 to 4.12: Relate to the last auction day of the month/financial year. 4.13: Relate to last day of the month/ financial year 7.1 & 7.2: Relate to Foreign trade in US Dollar. |