(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2000

2001

Fortnight

1999-2000

2000-2001

2000

2001

Item

Mar. 31#

Jan. 12#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

11,17,202

12,62,228

457

—

1,08,608*

11.1

1,45,026

13.0

1,55,656*

16.7

1,72,600

15.8

(10.7)

(13.5)

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,88,705

2,07,644

3,152

1.5

25,116

14.9

18,939

10.0

26,675

15.9

13,584

7.0

(ii)

Demand deposits with banks

1,48,806

1,53,099

–4,628

–2.9

–3,068

–2.2

4,293

2.9

17,472

15.1

19,779

14.8

(iii)

Time deposits with banks@

7,76,581

8,98,808

1,819

0.2

87,379

13.0

1,22,227

15.7

1,11,857

17.3

1,39,537

18.4

(iv)

"Other" deposits with Reserve Bank

3,109

2,677

114

4.5

–819 –21.6

–432

–13.9

–348

–10.5

–300

–10.1

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

(i)

Net Bank credit to Government sector (a+b)

4,41,754

4,99,218

7,652

1.6

55,943

14.5

57,465

13.0

59,555

15.5

56,598

12.8

(a) Reserve Bank

1,48,264

1,58,395

10,876

7.4

2,029

1.3

10,131

6.8

1,329

0.9

3,826

2.5

(b) Other Banks

2,93,490

3,40,824

–3,224

–0.9

53,914

23.0

47,334

16.1

58,226

25.3

52,772

18.3

(ii)

Bank credit to commercial sector (a+b)

5,78,538

6,46,959

2,042

0.3

49,656

10.0

68,421

11.8

75,963

16.2

1,01,314

18.6

(a) Reserve Bank

15,270

13,122

–402

–3.0

–3,983 –32.6

–2,148

–14.1

–4,342

–34.5

4,879

59.2

(b) Other Banks

5,63,268

6,33,837

2,444

0.4

53,639

11.1

70,569

12.5

80,306

17.6

96,435

17.9

(iii)

Net foreign exchange assets of banking sector

2,05,648

2,35,243

1,062

0.5

11,292

6.3

29,595

14.4

20,636

12.2

46,097

24.4

(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

1,24,098

10,300

9.1

8,872

10.6

11,099

9.8

1,228

1.3

31,880

34.6

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

70,147

84,245

2,835

3.5

9,170

15.2

14,098

20.1

8,453

13.8

14,594

21.0

* : 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.