(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2000

Fortnight

1999-2000

2000-2001

1999

2000

Item

Mar. 31#

May 5 #

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M 3

11,11,707

11,48,816

2,604

0.2

18,061*

1.8

37,108

3.3

1,54,356*

18.3

  1,52,122*

15.3

(1.9)

(3.4)

(16.2)

(15.5)

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,89,319

2,01,549

2,807

1.4

16,693

9.9

12,229

6.5

25,695

16.1

15,885

8.6

(ii)

Demand deposits with banks

1,47,353

1,49,775

- 1,513

- 1.0

- 11,472

- 8.4

2,422

1.6

12,299

11.0

25,211

20.2

(iii) Time deposits with banks @

7,71,930

7,94,852

1,684

0.2

13,592

2.0

22,921

3.0

1,16,272

20.5

1,11,428

16.3

(iv) "Other" deposits with Reserve Bank

3,105

2,641

-373

- 12.4

-753

- 19.8

-464

- 15.0

90

3.1

-402

- 13.2

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

(i)

Net bank credit to Government sector (a+b)

4,41,371

4,61,142

-308

- 0.1

18,902

4.9

19,771

4.5

55,421

15.8

55,405

13.7

(a) Reserve Bank

1,48,264

1,44,642

- 14,082

- 8.9

5,564

3.6

- 3,621

- 2.4

10,781

7.3

- 13,461

- 8.5

(b) Other Banks

2,93,107

3,16,499

13,774

4.5

13,338

5.7

23,392

8.0

44,640

22.0

68,865

27.8

(ii)

Bank credit to commercial sector (a+b)

5,75,921

5,82,929

- 1,400

- 0.2

652

0.1

7,007

1.2

64,364

14.9

87,481

17.7

(a) Reserve Bank

15,270

8,591

69

0.8

270

2.2

- 6,679

- 43.7

4,286

52.2

- 3,906

- 31.3

(b) Other Banks

5,60,651

5,74,338

- 1,469

- 0.3

382

0.1

13,687

2.4

60,078

14.2

91,387

18.9

(iii) Net foreign exchange assets of banking sector

1,94,433

1,93,168

- 2,128

- 1.1

2,865

1.6

- 1,265

- 0.7

41,337

29.9

13,525

7.5

(iv) Government's currency liabilities to the public

4,194

4,194

—

—

21

0.5

—

—

479

14.1

328

8.5

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,04,212

92,617

- 6,440

- 6.5

4,380

5.2

- 11,595

- 11.1

7,246

9.0

4,616

5.2

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

70,151

70,493

- 2,198

- 3.0

1,186

2.0

342

0.5

14,885

31.8

8,826

14.3

@

: 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.