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8. Monetary Survey
Date : Apr 23, 2024
(₹ Crore)
Item Outstanding as on March 31/last reporting Fridays of the month/reporting Fridays
2022-23 2023 2024
Feb. 24 Jan. 26 Feb. 09 Feb. 23
1 2 3 4 5
Monetary Aggregates          
NM1 (1.1+1.2.1+1.3) 5674795 5579447 5901503 5896239 5955769
NM2 (NM1 + 1.2.2.1) 13103413 12938627 14090325 14160299 14201117
      (14142660) (14211804) (14251871)
NM3 (NM2 +1.2.2.2 + 1.4 = 2.1 + 2.2 + 2.3 – 2.4 – 2.5) 22628165 22399686 24909712 25055636 25057783
      (25026014) (25170090) (25170570)
1 Components          
1.1 Currency with the Public 3276436 3222737 3323263 3350629 3361432
1.2 Aggregate Deposits of Residents 18828639 18646314 20695211 20826463 20833514
      (20811512) (20940918) (20946301)
1.2.1 Demand Deposits 2320598 2292581 2497829 2461885 2510518
1.2.2 Time Deposits of Residents 16508041 16353733 18197382 18364578 18322995
      (18313684) (18479033) (18435783)
1.2.2.1 Short-term Time Deposits 7428619 7359180 8188822 8264060 8245348
      (8241158) (8315565) (8296102)
1.2.2.1.1 Certificates of Deposits (CDs) 303993 282944 353658 368289 368278
1.2.2.2 Long-term Time Deposits 9079423 8994553 10008560 10100518 10077647
      (10072526) (10163468) (10139680)
1.3 'Other' Deposits with RBI 77761 64129 80411 83726 83819
1.4 Call/Term Funding from Financial Institutions 445329 466506 810828 794818 779019
2 Sources          
2.1 Domestic Credit 22710730 22163277 24461941 24730843 24781264
      (25108664) (25371994) (25409342)
2.1.1 Net Bank Credit to the Government 7165533 6854246 7116700 7262133 7223794
      (7210188) (7354963) (7315467)
2.1.1.1 Net RBI credit to the Government 1451126 1216525 934359 998481 964996
2.1.1.2 Credit to the Government by the Banking System 5714407 5637721 6182341 6263652 6258798
      (6275829) (6356482) (6350471)
2.1.2 Bank Credit to the Commercial Sector 15545198 15309031 17345240 17468710 17557470
      (17898476) (18017031) (18093875)
2.1.2.1 RBI Credit to the Commercial Sector 26549 12529 5237 9178 11121
2.1.2.2 Credit to the Commercial Sector by the Banking System 15518649 15296502 17340003 17459532 17546349
      (17893239) (18007853) (18082754)
2.1.2.2.1 Other Investments (Non-SLR Securities) 1096333 1097846 1087256 1097345 1101595
2.2 Government's Currency Liabilities to the Public 30285 30007 32887 32887 33198
2.3 Net Foreign Exchange Assets of the Banking Sector 4699822 4607138 4952686 4917129 4907130
2.3.1 Net Foreign Exchange Assets of the RBI 4587355 4476306 4975638 4975475 4984808
2.3.2 Net Foreign Currency Assets of the Banking System 112467 130832 -22951 -58346 -77678
2.4 Capital Account 3446786 3487047 3977586 3959034 3961198
2.5 Other items (net) 1365887 913688 1090638 1192886 1217902
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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