(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#

Dec. 29#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

11,17,202

12,61,771

8,048

0.6

1,10,900*

11.3

1,44,569

12.9

1,64,406*

17.7

1,69,850

15.6

(10.7)

(13.2)

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,88,705

2,04,492

–2,605

–1.3

23,560

13.9

15,787

8.4

32,081

20.0

11,988

6.2

(ii)

Demand deposits with banks

1,48,806

1,57,727

6,161

4.1

–414

–0.3

8,921

6.0

17,799

15.1

21,754

16.0

(iii)

Time deposits with banks@

7,76,581

8,96,989

4,711

0.5

88,277

13.1

1,20,407

15.5

1,14,697

17.8

1,36,819

18.0

(iv)

"Other" deposits with Reserve Bank

3,109

2,562

–218

–7.8

–523 –13.8

–547

–17.6

–171

–5.0

–710

–21.7

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

(i)

Net Bank credit to Government sector (a+b)

4,41,754

4,91,566

–6,999

–1.4

55,085

14.2

49,813

11.3

61,877

16.3

49,804

11.3

(a) Reserve Bank

1,48,264

1,47,518

–7,596

–4.9

4,667

3.1

–746

–0.5

6,687

4.4

–9,688

–6.2

(b) Other Banks

2,93,490

3,44,048

597

0.2

50,418

21.5

50,558

17.2

55,189

24.1

59,492

20.9

(ii)

Bank credit to commercial sector (a+b)

5,78,538

6,44,917

12,111

1.9

50,964

10.3

66,379

11.5

85,223

18.5

97,963

17.9

(a) Reserve Bank

15,270

13,523

1,083

8.7

–3,193 –26.1

–1,746

–11.4

676

8.1

4,491

49.7

(b) Other Banks

5,63,268

6,31,393

11,028

1.8

54,157

11.2

68,125

12.1

84,548

18.6

93,473

17.4

(iii)

Net foreign exchange assets of banking sector

2,05,648

2,34,181

1,664

0.7

10,475

5.9

28,534

13.9

21,498

12.9

45,853

24.3

(iv)

Government's currency liabilities to the public

4,262

4,905

—

—

588

15.3

644

15.1

730

19.7

471

10.6

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,13,000

1,13,799

–1,273

–1.1

6,212

7.5

799

0.7

4,922

5.8

24,240

27.1

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

70,147

81,410

3,106

4.0

6,424

10.6

11,263

16.1

8,184

13.9

14,504

21.7

* : 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.