(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

1999

2000

Fortnight

1999-2000

2000-2001

1999

2000

Item

Mar. 31

Mar. 31#

Jun. 30#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

14

M 3

9,81,020

11,17,202

11,69,262

8,176

0.7

33,719*

3.4

52,061

4.7

1,57,659*

18.4

1,54,524*

15.2

(3.5)

(4.7)

(16.3)

(15.5)

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,68,944

1,88,705

1,97,627

-5,880

-2.9

13,523

8.0

8,922

4.7

26,339

16.9

15,160

8.3

(ii)

Demand deposits with banks

1,36,388

1,48,806

1,48,726

3,662

2.5

-10,205

-7.5

-80

-0.1

11,316

9.9

22,543

17.9

(iii)

Time deposits with banks @

6,71,892

7,76,581

8,18,410

10,306

1.3

29,067

4.3

41,829

5.4

1,19,400

20.5

1,17,452

16.8

(iv)

"Other" deposits with Reserve Bank

3,796

3,109

4,498

87

2.0

1,334

35.2

1,389

44.7

603

13.3

-632 -12.3

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

(i)

Net bank credit to Government sector (a+b)

3,86,677

4,41,754

4,70,666

-1,368

-0.3

28,390

7.3

28,912

6.5

48,468

13.2

55,599

13.4

(a) Reserve Bank

1,52,539

1,48,264

1,56,587

-1,120

-0.7

5240

3.4

8,323

5.6

8,948

6.0

-1,192

-0.8

(b) Other Banks

2,34,138

2,93,490

3,14,078

-248

-0.1

23,150

9.9

20,589

7.0

39,519

18.1

56,790

22.1

(ii)

Bank credit to commercial sector (a+b)

4,95,990

5,78,538

5,98,606

9,061

1.5

2,666

0.5

20,068

3.5

63,863

14.7

99,950

20.0

(a) Reserve Bank

12,226

15,270

12,071

-1,262

-9.5

-1,240

-10.1

-3,199

-20.9

2,558

30.4

1,085

9.9

(b) Other Banks

4,83,764

5,63,268

5,86,535

10,323

1.8

3,906

0.8

23,267

4.1

61,304

14.4

98,865

20.3

(iii)

Net foreign exchange assets of banking sector

1,77,853

2,05,648

2,03,824

-207

-0.1

6,145

3.5

-1,824

-0.9

42,646

30.2

19,826

10.8

(iv)

Government's currency liabilities to the public

3,846

4,262

4,269

—

—

174

4.5

7

0.2

538

15.5

248

6.2

(v)

Banking sector's net non-monetary liabilities

other than time deposits

83,346

1,13,000

1,08,102

-689

-0.6

3,657

4.4

-4,898

-4.3

-2,144

-2.4

21,099

24.3

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

60,481

70,147

77,821

143

0.2

4,772

7.9

7,674

10.9

6,927

11.9

12,568

19.3

@ : 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.