(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

1999

2000

Fortnight

1998-99

1999-2000

1999

2000

Item

Mar. 31#

Feb. 25#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M 3

9,72,204*

11,05,487

6,163

0.6

1,26,838*

15.4

1,33,283*

13.7

1,56,762*

19.8

1,57,317*

16.6

(13.3)

(14.0)

(17.5)

(16.9)

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,69,382

1,91,276

-3,879

-2.0

22,533

15.5

21,894

12.9

23,251

16.1

23,164

13.8

(ii)

Demand deposits with banks

1,35,111

1,42,048

5,473

4.0

105

0.1

6,937

5.1

13,186

12.5

23,219

19.5

(iii)

Time deposits with banks @

6,63,890

7,69,444

4,719

0.6

1,04,574

18.9

1,05,554

15.9

1,19,825

22.3

1,11,382

16.9

(iv)

"Other" deposits with Reserve Bank

3,821

2,719

-150

-5.2

-374

-10.6

-1,102

-28.8

500

18.7

-448

-14.1

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

(i)

Net bank credit to Government (a+b)

3,87,151

4,37,787

-1,860

-0.4

56,816

17.2

50,636

13.1

66,077

20.6

50,374

13.0

(a) Reserve Bank

1,52,539

1,48,242

-5,877

-3.8

19,209

14.2

-4,297

-2.8

23,878

18.3

-6,127

-4.0

(b) Other Banks

2,34,612

2,89,545

4,017

1.4

37,607

19.2

54,932

23.4

42,199

22.1

56,501

24.2

(ii)

Bank credit to commercial sector (a+b)

4,90,363

5,61,554

6,940

1.3

39,739

9.2

71,191

14.5

52,545

12.5

88,506

18.7

(a) Reserve Bank

12,226

13,287

-261

-1.9

319

3.9

1,061

8.7

587

7.4

4,782

56.2

(b) Other Banks

4,78,138

5,48,268

7,201

1.3

39,421

9.3

70,130

14.7

51,958

12.6

83,723

18.0

(iii)

Net foreign exchange assets of banking sector

1,76,778

1,94,097

2,321

1.2

31,979

23.2

17,320

9.8

44,062

35.0

24,023

14.1

(iv)

Government's currency liabilities to the public

3,846

4,079

—

—

442

13.2

233

6.1

490

14.8

285

7.5

(v)

Banking sector's net non-monetary liabilities

other than time deposits

85,934

92,031

1,238

1.4

2,139

2.5

6,097

7.1

6,412

8.0

5,870

6.8

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

60,455

69,722

821

1.2

16,707

38.6

9,266

15.3

16,227

37.1

9,732

16.2

@ :

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.