(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#

Oct. 6#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M 3

11,17,202

12,09,868

19,093

1.6

73,485*

7.5

92,666

8.3

1,44,785*

15.9

1,55,363*

14.7

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,88,705

1,98,619

4,419

2.3

12,171

7.2

9,914

5.3

24,558

15.7

17,503

9.7

(ii)

Demand deposits with banks

1,48,806

1,50,511

3,512

2.4

- 7,046

- 5.2

1,705

1.1

13,429

11.6

21,169

16.4

(iii) Time deposits with banks

7,76,581@

8,57,065@

11,214

1.3

68,635

10.2

80,483

10.4

1,06,751

16.8

1,16,537

15.7

(iv) "Other" deposits with Reserve Bank

3,109

3,674

-52

- 1.4

-275

- 7.3

565

18.2

47

1.4

154

4.4

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

(i)

Net bank credit to Government sector (a+b)

4,41,754

4,80,753

8,226

1.7

41,545

10.7

38,999

8.8

57,034

15.4

52,531

12.3

(a) Reserve Bank

1,48,264

1,59,286

7,333

4.8

627

0.4

11,022

7.4

6,996

4.8

6,120

4.0

(b) Other Banks

2,93,490

3,21,467

889

0.3

40,918

17.5

27,977

9.5

50,038

22.2

46,411

16.9

(ii)

Bank credit to commercial sector (a+b)

5,78,538

6,21,488

10,923

1.8

26,673

5.4

42,951

7.4

74,403

16.6

98,826

18.9

(a) Reserve Bank

15,270

12,596

1,235

10.9

2,026

16.6

- 2,673

- 17.5

6,035

73.4

- 1,656

- 11.6

(b) Other Banks

5,63,268

6,08,892

9,688

1.6

24,647

5.1

45,624

8.1

68,368

15.5

1,00,481

19.8

(iii) Net foreign exchange assets of banking sector

2,05,648

2,02,682

71

—

-422

- 0.2

- 2,966

- 1.4

22,550

14.6

25,250

14.2

(iv) Government's currency liabilities to the public

4,262

4,269

—

—

331

8.6

7

0.2

580

16.1

92

2.2

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,13,000

99,324

127

0.1

- 5,358

- 6.4

- 13,676

- 12.1

9,782

14.3

21,336

27.4

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

70,147

71,750

577

0.8

5,173

8.6

1,603

2.3

8,102

14.1

6,096

9.3

@

: 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.