(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 19#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M 3

11,11,707

11,52,065

3,249

0.3

22,276*

2.3

40,358

3.6

1,54,950*

18.3

1,51,157*

15.1

(2.3)

(3.7)

(16.2)

(15.4)

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,89,319

2,03,018

1,470

0.7

16,002

9.5

13,699

7.2

25,578

16.0

18,046

9.8

(ii)

Demand deposits with banks

1,47,353

1,46,642

- 3,133

- 2.1

- 10,369

- 7.6

-711

- 0.5

13,543

12.1

20,975

16.7

(iii) Time deposits with banks @

7,71,930

7,99,936

5,085

0.6

17,449

2.6

28,006

3.6

1,15,318

20.2

1,12,655

16.4

(iv) "Other" deposits with Reserve Bank

3,105

2,469

-171

- 6.5

-807

- 21.2

-636

- 20.5

512

20.7

-520

- 17.4

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

(i)

Net bank credit to Government sector (a+b)

4,41,371

4,64,868

3,726

0.8

18,514

4.8

23,497

5.3

56,972

16.4

59,519

14.7

(a) Reserve Bank

1,48,264

1,53,379

8,737

6.0

2,640

1.7

5,115

3.5

13,067

9.2

- 1,800

- 1.2

(b) Other Banks

2,93,107

3,11,489

- 5,011

- 1.6

15,874

6.8

18,382

6.3

43,905

21.3

61,319

24.5

(ii)

Bank credit to commercial sector (a+b)

5,75,921

5,84,497

1,569

0.3

- 2,991

- 0.6

8,576

1.5

60,524

14.0

92,693

18.8

(a) Reserve Bank

15,270

13,666

5,075

59.1

- 2,025

- 16.6

- 1,604

- 10.5

1,833

21.9

3,466

34.0

(b) Other Banks

5,60,651

5,70,831

- 3,507

- 0.6

-966

- 0.2

10,180

1.8

58,690

13.9

89,228

18.5

(iii) Net foreign exchange assets of banking sector

1,94,433

1,92,972

-196

- 0.1

5,019

2.8

- 1,461

- 0.8

43,227

31.2

11,175

6.1

(iv) Government's currency liabilities to the public

4,194

4,194

—

—

79

2.0

—

—

488

14.2

269

6.9

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,04,212

94,466

1,849

2.0

- 1,656

- 2.0

- 9,746

- 9.4

6,260

8.3

12,500

15.3

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

70,151

71,654

1,161

1.6

1,021

1.7

1,503

2.1

12,331

25.1

10,152

16.5

@

: 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.