(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#

Jun. 2#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M 3

11,11,707

11,55,203

3,138

0.3

27,680*

2.8

43,495

3.9

1,55,720*

18.3

1,48,889*

14.8

(2.9)

(4.0)

(16.2)

(15.1)

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,89,319

2,01,071

- 1,947

- 1.0

16,738

9.9

11,751

6.2

24,773

15.4

15,363

8.3

(ii)

Demand deposits with banks

1,47,353

1,48,595

1,953

1.3

- 11,300

-

8.3

1,242

0.8

13,260

11.9

23,859

19.1

(iii) Time deposits with banks @

7,71,930

8,03,120

3,184

0.4

23,237

3.5

31,190

4.0

1,17,407

20.4

1,10,052

15.9

(iv) "Other" deposits with Reserve Bank

3,105

2,417

-53

- 2.1

-994

- 26.2

-688

- 22.2

279

11.1

-385

- 13.7

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

(i)

Net bank credit to Government sector (a+b)

4,41,371

4,70,797

5,929

1.3

20,625

5.3

29,426

6.7

50,427

14.1

63,337

15.5

(a) Reserve Bank

1,48,264

1,52,893

-486

- 0.3

2,413

1.6

4,630

3.1

12,096

8.5

- 2,059

- 1.3

(b) Other Banks

2,93,107

3,17,904

6,415

2.1

18,213

7.8

24,797

8.5

38,330

17.9

65,395

25.9

(ii)

Bank credit to commercial sector (a+b)

5,75,921

5,82,760

- 1,738

- 0.3

- 2,884

-

0.6

6,839

1.2

61,166

14.2

90,848

18.5

(a) Reserve Bank

15,270

10,632

- 3,034

- 22.2

- 1,408

-

11.5

- 4,638

- 30.4

2,420

28.8

-186

- 1.7

(b) Other Banks

5,60,651

5,72,128

1,297

0.2

- 1,476

-

0.3

11,476

2.0

58,746

13.9

91,034

18.9

(iii) Net foreign exchange assets of banking sector

1,94,433

1,94,021

1,049

0.5

5,561

3.1

-412

- 0.2

42,027

30.0

11,682

6.4

(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

96,569

2,103

2.2

- 4,300

-

5.1

- 7,643

- 7.3

- 1,613

- 2.0

17,247

21.7

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

70,151

76,280

4,627

6.5

1,519

2.5

6,130

8.7

9,745

18.6

14,280

23.0

@

: 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.