(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#

Jun. 1#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

13,05,567

13,67,451

1,758

0.1

36,963*

3.3

61,885

4.7

1,51,777*

15.0

2,06,555

17.8

(15.6)

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,09,132

2,26,043

–2,213

–1.0

13,033

6.9

16,911

8.1

16,030

8.6

24,245

12.0

(ii)

Demand deposits with banks

1,64,551

1,64,565

–1,847

–1.1

–2,518

–1.7

14

—

22,480

18.0

17,402

11.8

(iii)

Time deposits with banks@

9,27,564

9,73,224

6,649

0.7

27,048

3.5

45,660

4.9

1,13,559

16.3

1,63,798

20.2

(iv)

"Other" deposits with Reserve Bank

4,320

3,619

–831

–18.7

–599 –19.3

–701

16.2

–292

–10.4

1,110

44.2

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

(i)

Net Bank credit to Government sector (a+b)

5,11,343

5,45,859

2,799

0.5

29,413

6.7

34,516

6.8

63,813

15.7

75,068

15.9

(a) Reserve Bank

1,53,877

1,60,080

–10,410

–6.1

4,630

3.1

6,203

4.0

–2,059

–1.3

7,186

4.7

(b) Other Banks

3,57,467

3,85,780

13,209

3.5

24,784

8.5

28,313

7.9

65,871

26.1

67,881

21.4

(ii)

Bank credit to commercial sector (a+b)

6,70,378

6,72,751

–7,829

–1.2

–579

–0.1

2,373

0.4

92,793

18.8

86,766

14.8

(a) Reserve Bank

13,287

8,424

–2,883

–25.5

–4,638 –30.4

–4,862

–36.6

–186

–1.7

–2,207

–20.8

(b) Other Banks

6,57,092

6,64,326

–4,946

–0.7

4,058

0.7

7,235

1.1

92,978

19.3

88,974

15.5

(iii)

Net foreign exchange assets of banking sector

2,44,320

2,48,992

867

0.3

–412

–0.2

4,672

1.9

21,821

11.9

43,757

21.3

(iv)

Government's currency liabilities to the public

4,905

4,905

—

—

432

10.1

—

—

769

19.6

211

4.5

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,25,380

1,05,056

–5,921

–5.3

–8,109

–7.1

–20,324

–16.2

27,418

35.0

–753

–0.7

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

78,655

83,283

–435

–0.5

6,041

8.6

4,628

5.9

14,188

22.9

7,096

9.3

* : 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 exclusive of IMDs. Government balances as on March 31, 2001 are after closure of accounts.