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8. Monetary Survey
Date : Jan 18, 2024
(₹ Crore)
Item Outstanding as on March 31/last reporting Fridays of the month/reporting Fridays
2022-23 2022 2023
Nov. 18 Oct. 20 Nov. 03 Nov. 17
1 2 3 4 5
Monetary Aggregates          
NM1 (1.1+1.2.1+1.3) 5674795 5356388 5668203 5711658 5777315
NM2 (NM1 + 1.2.2.1) 13103413 12512151 13655704 13774350 13806036
      (13716092) (13833687) (13863742)
NM3 (NM2 +1.2.2.2 + 1.4 = 2.1 + 2.2 + 2.3 – 2.4 – 2.5) 22628165 21732946 24247853 24461719 24462009
      (24382048) (24593579) (24590243)
1 Components          
1.1 Currency with the Public 3276436 3093618 3201722 3206519 3253867
1.2 Aggregate Deposits of Residents 18828639 18093757 20143542 20347956 20290688
      (20277737) (20479816) (20418922)
1.2.1 Demand Deposits 2320598 2192060 2393541 2430862 2449084
1.2.2 Time Deposits of Residents 16508041 15901697 17750001 17917094 17841604
      (17884196) (18048954) (17969839)
1.2.2.1 Short-term Time Deposits 7428619 7155763 7987500 8062692 8028722
      (8047888) (8122029) (8086427)
1.2.2.1.1 Certificates of Deposits (CDs) 303993 252530 306354 303837 304261
1.2.2.2 Long-term Time Deposits 9079423 8745933 9762500 9854402 9812882
      (9836308) (9926925) (9883411)
1.3 'Other' Deposits with RBI 77761 70709 72940 74276 74364
1.4 Call/Term Funding from Financial Institutions 445329 474861 829649 832968 843090
2 Sources          
2.1 Domestic Credit 22710730 21384192 23965111 24277666 24267219
      (24662798) (24969295) (24954321)
2.1.1 Net Bank Credit to the Government 7165533 6612762 7273206 7424462 7368871
      (7384463) (7531995) (7475375)
2.1.1.1 Net RBI credit to the Government 1451126 1226047 1018574 1116503 1102323
2.1.1.2 Credit to the Government by the Banking System 5714407 5386715 6254632 6307959 6266548
      (6365889) (6415493) (6373052)
2.1.2 Bank Credit to the Commercial Sector 15545198 14771430 16691905 16853205 16898348
      (17278336) (17437300) (17478946)
2.1.2.1 RBI Credit to the Commercial Sector 26549 14661 5245 5237 5240
2.1.2.2 Credit to the Commercial Sector by the Banking System 15518649 14756769 16686661 16847968 16893108
      (17273091) (17432063) (17473707)
2.1.2.2.1 Other Investments ( Non-SLR Securities) 1096333 1069274 1089235 1094504 1100497
2.2 Government's Currency Liabilities to the Public 30285 29212 31649 31939 31939
2.3 Net Foreign Exchange Assets of the Banking Sector 4699822 4471445 4695347 4730209 4757422
2.3.1 Net Foreign Exchange Assets of the RBI 4587355 4316211 4686133 4776257 4813224
2.3.2 Net Foreign Currency Assets of the Banking System 112467 155234 9214 -46048 -55802
2.4 Capital Account 3446786 3404236 3873660 3907035 3932436
2.5 Other items (net) 1365887 747667 1134086 1230829 1221003
Note: Figures in parentheses include the impact of merger of a non-bank with a bank.
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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