(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#

Mar. 24#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M₃

9,78,633*

11,15,417

6,463

0.6

1,57,314*

19.2

1,36,785*

14.0

1,57,151*

19.1

1,36,772*

14.0

(17.0)

(14.2)

(16.9)

(14.2)

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,68,970

1,92,993

-2,611

-1.3

24,774

17.0

24,023

14.2

23,490

16.0

22,641

13.3

(ii)

Demand deposits with banks

1,36,035

1,47,353

4,324

3.0

16,537

13.9

11,317

8.3

17,359

14.7

12,091

8.9

(iii)

Time deposits with banks @

6,69,832

7,71,930

4,091

0.5

1,15,416

20.9

1,02,099

15.2

1,15,485

20.9

1,03,026

15.4

(iv)

"Other" deposits with Reserve Bank

3,796

3,141

659

26.6

587

16.6

-655

-17.2

816

24.7

-986

-23.9

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

(i)

Net bank credit to Government sector (a+b)

3,86,835

4,36,941

-8,048

-1.8

53,725

16.3

50,106

13.0

61,505

19.1

52,619

13.7

(a) Reserve Bank

1,52,539

1,43,834

-10,164

-6.6

14,792

10.9

-8,705

-5.7

22,567

17.7

-6,118

-4.1

(b) Other Banks

2,34,296

2,93,107

2,116

0.7

38,933

19.9

58,811

25.1

38,938

19.9

58,737

25.1

(ii)

Bank credit to commercial sector (a+b)

4,94,796

5,70,410

12,740

2.3

57,127

13.2

75,614

15.3

57,971

13.4

79,973

16.3

(a) Reserve Bank

12,226

9,758

1,265

14.9

299

3.7

-2,467

-20.2

470

5.9

1,274

15.0

(b) Other Banks

4,82,570

5,60,651

11,475

2.1

56,828

13.4

78,082

16.2

57,500

13.5

78,699

16.3

(iii)

Net foreign exchange assets of banking sector

1,76,778

1,92,164

4,392

2.3

34,452

24.9

15,386

8.7

36,903

27.2

19,617

11.4

(iv)

Government's currency liabilities to the public

3,846

4,194

—

—

494

14.7

348

9.1

494

14.7

348

9.1

(v)

Banking sector's net non-monetary liabilities

other than time deposits

83,621

88,292

2,621

3.1

-11,516

-13.7

4,670

5.6

-278

-0.4

15,786

21.8

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

60,481

71,714

1,102

1.6

16,541

38.2

11,233

18.6

15,631

35.4

11,891

19.9

@ :

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 percentage variation net of RIBs.