(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

1999

2000

Fortnight

1998-99

1999-2000

1998

1999

Item

Mar. 31#

Jan. 28#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M 3

9,72,204*

10,88,700

20

—

1,18,202*

14.4

1,16,496*

12.0

1,60,947*

20.7

1,49,166*

15.9

(12.2)

(12.2)

(18.4)

(16.2)

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,69,382

1,89,648

-3,840

-2.0

19,351

13.3

20,266

12.0

21,645

15.1

24,718

15.0

(ii)

Demand deposits with banks

1,35,111

1,38,317

2,992

2.2

1,113

0.9

3,206

2.4

15,037

14.3

18,479

15.4

(iii)

Time deposits with banks @

6,63,890

7,57,591

715

0.1

98,169

17.7

93,701

14.1

1,24,645

23.7

1,05,935

16.3

(iv)

"Other" deposits with Reserve Bank

3,821

3,144

152

5.1

-431

-12.2

-678

-17.7

-379

-10.9

34

1.1

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

(i)

Net bank credit to Government (a+b)

3,87,151

4,36,853

-4,956

-1.1

52,806

16.0

49,701

12.8

64,981

20.4

53,449

13.9

(a) Reserve Bank

1,52,539

1,51,435

-3,134

-2.0

16,636

12.3

-1,104

-0.7

21,226

16.3

-361

-0.2

(b) Other Banks

2,34,612

2,85,418

-1,822

-0.6

36,170

18.5

50,806

21.7

43,754

23.3

53,810

23.2

(ii)

Bank credit to commercial sector (a+b)

4,90,363

5,46,734

2,561

0.5

34,039

7.9

56,370

11.5

54,342

13.2

79,385

17.0

(a) Reserve Bank

12,226

9,806

1,564

19.0

215

2.6

-2,420

-19.8

596

7.6

1,406

16.7

(b) Other Banks

4,78,138

5,36,927

998

0.2

33,824

8.0

58,790

12.3

53,746

13.3

77,979

17.0

(iii)

Net foreign exchange assets of banking sector

1,76,778

1,90,832

-716

-0.4

30,623

22.2

14,055

8.0

42,490

33.7

22,115

13.1

(iv)

Government's currency liabilities to the public

3,846

4,079

—

—

399

11.9

233

6.1

521

16.1

328

8.7

(v)

Banking sector's net non-monetary liabilities

other than time deposits

85,934

89,798

-3,130

-3.4

-335

-0.4

3,864

4.5

1,387

1.7

6,111

7.3

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

60,455

68,190

-1,445

-2.1

17,519

40.5

7,735

12.8

18,473

43.6

7,389

12.2

@ :

Includes Rs. 17,945 crore on account of Resurgent India Bonds (RIBs), since August 28, 1998.

* :

Revised in line with the new accounting standards and consistent with the methodology suggested by the Working Group on Money Supply: Analytics and Methodology of Compilation (June 1998). The revision is in respect of pension and provident funds with commercial banks which are classified as other demand and time liabilities and includes those banks which have reported such changes so far.

Note : Figures in brackets are precentage variation net of RIBs.