(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#

Feb. 23#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

11,17,202

12,81,909

3,220

0.3

1,30,231*

13.3

1,64,708

14.7

1,60,053*

16.8

1,70,659

15.4

(12.4)

(13.0)

Components (i+ii+iii+iv)

(i)

Currency with the Public

1,88,705

2,08,083

–2,055

–1.0

22,545

13.3

19,378

10.3

23,480

14.0

16,594

8.7

(ii)

Demand deposits with banks

1,48,806

1,55,195

2,276

1.5

7,358

5.4

6,389

4.3

24,678

20.7

11,449

8.0

(iii)

Time deposits with banks@

7,76,581

9,15,697

2,660

0.3

1,01,463

15.1

1,39,116

17.9

1,12,402

17.0

1,42,342

18.4

(iv)

"Other" deposits with Reserve Bank

3,109

2,934

339

13.1

–1,135

–29.9

–175

–5.6

–506 –16.0

273

10.3

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

(i)

Net Bank credit to Government sector (a+b)

4,41,754

5,01,344

1,506

0.3

51,328

13.3

59,590

13.5

50,798

13.1

63,339

14.5

(a) Reserve Bank

1,48,264

1,52,367

–1,688

–1.1

–4,297

–2.8

4,103

2.8

–6,127

–4.0

4,125

2.8

(b) Other Banks

2,93,490

3,48,977

3,195

0.9

55,625

23.8

55,487

18.9

56,925

24.4

59,214

20.4

(ii)

Bank credit to commercial sector (a+b)

5,78,538

6,56,125

5,325

0.8

69,682

14.0

77,588

13.4

91,436

19.3

90,454

16.0

(a) Reserve Bank

15,270

11,371

199

1.8

1,061

8.7

–3,898

–25.5

4,782

56.2

–1,915

–14.4

(b) Other Banks

5,63,268

6,44,754

5,126

0.8

68,621

14.2

81,486

14.5

86,653

18.6

92,369

16.7

(iii)

Net foreign exchange assets of banking sector

2,05,648

2,41,654

1,033

0.4

13,841

7.8

36,006

17.5

21,621

12.7

49,959

26.1

(iv)

Government's currency liabilities to the public

4,262

4,905

—

—

682

17.7

644

15.1

733

19.3

377

8.3

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,13,000

1,22,119

4,645

4.0

5,302

6.4

9,119

8.1

4,535

5.4

33,470

37.8

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

70,147

82,287

749

0.9

9,299

15.4

12,139

17.3

9,791

16.3

12,506

17.9

* : 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.