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8. Monetary Survey
Date : Jun 23, 2023
(₹ Crore)
Item Outstanding as on March 31/last reporting Fridays of the month/reporting Fridays
2022-23 2022 2023
Apr. 22 Mar. 24 Apr. 7 Apr. 21
1 2 3 4 5
Monetary Aggregates          
NM1 (1.1 + 1.2.1+1.3) 5664261 5286186 5664261 5732746 5695957
NM2 (NM1 + 1.2.2.1) 13092880 12168217 13092880 13327679 13265253
NM3 (NM2 + 1.2.2.2 + 1.4 = 2.1 + 2.2 + 2.3 – 2.4 – 2.5) 22617633 20859403 22617633 23111460 22975130
1 Components          
1.1 Currency with the Public 3278334 3093159 3278334 3300465 3346545
1.2 Aggregate Deposits of Residents 18828640 17428862 18828640 19238496 19101760
1.2.1 Demand Deposits 2320598 2135459 2320598 2360868 2281104
1.2.2 Time Deposits of Residents 16508042 15293404 16508042 16877628 16820656
1.2.2.1 Short-term Time Deposits 7428619 6882032 7428619 7594933 7569295
1.2.2.1.1 Certificates of Deposit (CDs) 304088 201743 304088 304099 302212
1.2.2.2 Long-term Time Deposits 9079423 8411372 9079423 9282695 9251361
1.3 ‘Other’ Deposits with RBI 65330 57568 65330 71413 68309
1.4 Call/Term Funding from Financial Institutions 445329 279813 445329 501085 458516
2 Sources          
2.1 Domestic Credit 22455037 20093117 22455037 23065320 22864668
2.1.1 Net Bank Credit to the Government 6916058 6411591 6916058 7369873 7165547
2.1.1.1 Net RBI credit to the Government 1201651 1343761 1201651 1546810 1420099
2.1.1.2 Credit to the Government by the Banking System 5714407 5067829 5714407 5823064 5745447
2.1.2 Bank Credit to the Commercial Sector 15538979 13681526 15538979 15695446 15699122
2.1.2.1 RBI Credit to the Commercial Sector 20396 33657 20396 20390 21792
2.1.2.2 Credit to the Commercial Sector by the Banking System 15518583 13647869 15518583 15675056 15677330
2.1.2.2.1 Other Investments (Non-SLR Securities) 1096267 959665 1096267 1079061 1070157
2.2 Government’s Currency Liabilities to the Public 30007 28013 30007 30285 30285
2.3 Net Foreign Exchange Assets of the Banking Sector 4721610 4695792 4721610 4766497 4739836
2.3.1 Net Foreign Exchange Assets of the RBI 4606680 4436706 4606680 4622329 4629063
2.3.2 Net Foreign Currency Assets of the Banking System 114930 259086 114930 144169 110773
2.4 Capital Account 3507224 3069617 3507224 3513691 3556592
2.5 Other items (net) 1081797 887903 1081797 1236952 1103067
Note: NM2 and NM3 do not include FCNR (B) deposits.
2.4: Consist of paid-up capital and reserves.
2.5: includes other demand and time liabilities of the banking system.

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