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8. Monetary Survey
Date : Aug 17, 2023
(₹ Crore)
Item Outstanding as on March 31/last reporting Fridays of the month/reporting Fridays
2022-23 2022 2023
Jun. 17 Jun. 02 Jun. 16 Jun. 30
1 2 3 4 5
Monetary Aggregates          
NM1 (1.1+1.2.1+1.3) 5674795 5245846 5679454 5637644 5902112
NM2 (NM1 + 1.2.2.1) 13103414 12126456 13402869 13308781 13707800
NM3 (NM2 +1.2.2.2 + 1.4 = 2.1 + 2.2 + 2.3 – 2.4 – 2.5) 22628166 20907432 23325115 23189877 23723089
1 Components          
1.1 Currency with the Public 3276436 3104151 3288153 3269646 3234636
1.2 Aggregate Deposits of Residents 18828640 17377585 19485275 19346220 19934769
1.2.1 Demand Deposits 2320598 2087340 2322133 2299247 2588795
1.2.2 Time Deposits of Residents 16508042 15290244 17163143 17046973 17345973
1.2.2.1 Short-term Time Deposits 7428619 6880610 7723414 7671138 7805688
1.2.2.1.1 Certificates of Deposits (CDs) 304088 178170 311367 286405 283125
1.2.2.2 Long-term Time Deposits 9079423 8409634 9439729 9375835 9540285
1.3 'Other' Deposits with RBI 77761 54355 69168 68751 78680
1.4 Call/Term Funding from Financial Institutions 445329 371342 482517 505260 475004
2 Sources          
2.1 Domestic Credit 22710664 20241203 23188651 23078006 23405785
2.1.1 Net Bank Credit to the Government 7165533 6263059 7314578 7166975 7190341
2.1.1.1 Net RBI credit to the Government 1451126 1081805 1406509 1223323 1220251
2.1.1.2 Credit to the Government by the Banking System 5714407 5181254 5908069 5943652 5970090
2.1.2 Bank Credit to the Commercial Sector 15545132 13978144 15874073 15911031 16215444
2.1.2.1 RBI Credit to the Commercial Sector 26549 52248 3752 4865 5383
2.1.2.2 Credit to the Commercial Sector by the Banking System 15518583 13925896 15870321 15906166 16210061
2.1.2.2.1 Other Investments (Non-SLR Securities) 1096267 1046526 1110042 1129435 1069467
2.2 Government's Currency Liabilities to the Public 30285 28293 30482 30692 30925
2.3 Net Foreign Exchange Assets of the Banking Sector 4702285 4599884 4802080 4751864 4751750
2.3.1 Net Foreign Exchange Assets of the RBI 4587355 4457966 4731617 4718831 4717246
2.3.2 Net Foreign Currency Assets of the Banking System 114930 141918 70463 33033 34504
2.4 Capital Account 3446793 3257733 3786840 3796089 3771997
2.5 Other items (net) 1368276 704214 909257 874597 693374
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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