(Rs. crore)

Outstanding

Variation over

as on

Item

1999

Fortnight

1998-99

1999-2000

Year

Mar. 31#

Jun. 18#

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

M3

9,74,328

10,19,232

9,926

1.0

34,657

4.2

44,904

4.6

1,57,366

18.3

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,70,119

1,85,142

-601

-0.3

12,113

8.3

15,023

8.8

27,025

17.1

(ii)

Demand deposits with banks

1,30,267

1,33,348

8,149

6.5

-4,849

-4.1

3,081

2.4

20,260

17.9

(iii)

Time deposits with banks

6,70,130

6,95,619@

98

—

26,592

4.8

25,489

3.8

1,09,299

18.6

(iv)

"Other" deposits with Reserve Bank

3,812

5,123

2,279

80.2

802

22.6

1,311

34.4

781

18.0

Sources (i+ii+iii+iv-v)

(i)

Net bank credit to Government (a+b)

3,86,672

4,12,104

5,051

1.2

30,067

9.1

25,432

6.6

51,446

14.3

(a) Reserve Bank

1,52,539

1,55,968

1,016

0.7

15,182

11.2

3,429

2.2

5,627

3.7

(b) Other Banks

2,34,133

2,56,136

4,034

1.6

14,885

7.6

22,003

9.4

45,819

21.8

(ii)

Bank credit to commercial sector (a+b)

4,86,942

4,89,276

23

—

-3,867

-0.9

2,333

0.5

60,405

14.1

(a) Reserve Bank

12,226

9,332

-1,485

-13.7

254

3.1

-2,894

-23.7

893

10.6

(b) Other Banks

4,74,717

4,79,943

1,509

0.3

-4,121

-1.0

5,227

1.1

59,512

14.2

(iii)

Net foreign exchange assets of banking sector

1,48,633

1,54,216

22

—

-336

-0.3

5,583

3.8

27,982

22.2

(iv)

Government's currency liabilities to the public

3,705

3,846

—

—

130

3.9

141

3.8

364

10.5

(v)

Banking sector's net non-monetary liabilities

other than time deposits

51,624

40,210

-4,830

-10.7

-8,663

-13.1

-11,414

-22.1

-17,169

-29.9

of which : Net non-monetary liabilities of R.B.I.

60,464

63,051

1,093

1.8

10,671

24.7

2,586

4.3

9,097

16.9

@ : Includes Rs. 17,945 crore on account of proceeds from Resurgent India Bonds (RIBs). Excluding these proceeds, the year-on-year M3 growth rate in column 11 would work out to be 16.2 per cent.