(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#

Nov. 17#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

11,17,202

12,45,345

28,631

2.4

86,972*

8.9

1,28,143

11.5

1,48,771*

16.2

1,77,353*

16.6

(0.2)

(9.2)

(14.2)

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,88,705

2,05,281

866

0.4

21,089

12.5

16,575

8.8

31,089

19.6

15,247

8.0

(ii)

Demand deposits with banks

1,48,806

1,48,508

-1,100

-0.7

-8,647

-6.3

-298

-0.2

12,543

10.9

20,768

16.3

(iii) Time deposits with banks @

7,76,581

8,88,364

29,047

3.4

75,041

11.2

1,11,783

14.4

1,05,457

16.4

1,41,430

18.9

(iv) "Other" deposits with Reserve Bank

3,109

3,192

-183

-5.4

-512

-13.5

83

2.7

-318

-8.8

-92

-2.8

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

(i)

Net bank credit to Government sector (a+b)

4,41,754

4,92,423

-2,638

-0.5

47,162

12.2

50,669

11.5

54,877

14.5

58,584

13.5

(a) Reserve Bank

1,48,264

1,58,184

-16,103

-9.2

4,431

2.9

9,920

6.7

5,518

3.6

1,214

0.8

(b) Other Banks

2,93,490

3,34,239

13,465

4.2

42,731

18.3

40,749

13.9

49,359

21.7

57,370

20.7

(ii)

Bank credit to commercial sector (a+b)

5,78,538

6,27,811

2,999

0.5

27,759

5.6

49,273

8.5

73,904

16.4

1,04,062

19.9

(a) Reserve Bank

15,270

12,177

-132

-1.1

-2,138

-17.5

-3,092

-20.3

1,785

21.5

2,090

20.7

(b) Other Banks

5,63,268

6,15,633

3,131

0.5

29,897

6.2

52,365

9.3

72,119

16.3

1,01,972

19.9

(iii) Net foreign exchange assets of banking sector

2,05,648

2,13,362

11,433

5.7

4,700

2.6

7,714

3.8

27,213

17.5

30,809

16.9

(iv) Government's currency liabilities to the public

4,262

4,269

—

—

390

10.1

7

0.2

565

15.4

33

0.8

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,13,000

92,519

-16,837

-15.4

-6,961

-8.4

-20,480

-18.1

7,788

11.4

16,134

21.1

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

70,147

75,143

520

0.7

6,076

10.0

4,996

7.1

9,678

17.0

8,586

12.9

*

: 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.
@ : Includes Rs. 17,945 crore on account of proceeds from Resurgent India Bonds (RIBs), since August 28, 1998 and Rs. 25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000.
Figures in parentheses are net of IMDs.