(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2001

Fortnight

2000-2001

2001-2002

2000

2001

Item

Mar. 31#

Apr. 20#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

13,05,567

13,48,278

4,251

0.3

25,019*

2.2

42,711

3.3

1,54,793*

15.6

1,99,326

17.3

(15.1)

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,09,132

2,20,110

8,410

4.0

10,065

5.3

10,978

5.2

19,373

10.8

21,280

10.7

(ii)

Demand deposits with banks

1,64,551

1,70,707

–6,896

–3.9

–1,692

–1.1

6,155

3.7

19,840

15.5

22,718

15.4

(iii)

Time deposits with banks@

9,27,564

9,53,632

3,181

0.3

16,639

2.1

26,069

2.8

1,15,639

16.9

1,54,616

19.4

(iv)

"Other" deposits with Reserve Bank

4,320

3,829

–444

–10.4

8

0.2

–491

–11.4

–60

–1.9

712

22.9

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

(i)

Net Bank credit to Government sector (a+b)

5,10,704

5,30,270

25,276

5.0

19,651

4.5

19,566

3.8

61,020

15.3

69,241

15.0

(a) Reserve Bank

1,53,237

1,57,021

7,512

5.0

10,461

7.1

3,784

2.5

2,761

1.8

–1,703

–1.1

(b) Other Banks

3,57,467

3,73,249

17,764

5.0

9,191

3.1

15,782

4.4

58,259

23.9

70,944

23.5

(ii)

Bank credit to commercial sector (a+b)

6,70,378

6,80,318

–4,227

–0.6

–1,025

–0.2

9,939

1.5

91,804

18.6

94,779

16.2

(a) Reserve Bank

13,287

11,717

2,645

29.2

–6,748 –44.2

–1,569

–11.8

–1,747

–17.0

3,195

37.5

(b) Other Banks

6,57,092

6,68,600

–6,873

–1.0

5,722

1.0

11,509

1.8

93,551

19.4

91,584

15.9

(iii)

Net foreign exchange assets of banking sector

2,44,320

2,47,380

1,198

0.5

863

0.4

3,060

1.3

27,454

15.3

40,869

19.8

(iv)

Government's currency liabilities to the public

4,905

4,905

—

—

371

8.7

—

—

766

19.8

272

5.9

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,24,740

1,14,595

17,996

18.6

–5,160

–4.5

–10,146

–8.1

26,252

31.8

5,836

5.4

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

78,015

82,795

1,396

1.7

2,441

3.5

4,779

6.1

11,605

19.0

10,206

14.1

* : 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. State Government balances as on March 31, 2001 are before closure of accounts.