(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. 15#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

13,05,567

13,71,480

4,029

0.3

39,723*

3.5

65,914

5.0

1,52,973*

15.1

2,07,825

17.9

(15.7)

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,09,132

2,28,696

2,652

1.2

15,232

8.1

19,563

9.4

18,735

10.1

24,698

12.1

(ii)

Demand deposits with banks

1,64,551

1,62,783

–1,782

–1.1

–5,335

–3.6

–1,768

–1.1

20,664

16.7

18,437

12.8

(iii)

Time deposits with banks@

9,27,564

9,75,316

2,092

0.2

28,426

3.6

47,752

5.1

1,13,973

16.4

1,64,513

20.3

(iv)

"Other" deposits with Reserve Bank

4,320

4,686

1,067

29.5

1,399

45.0

366

8.5

–399

–8.1

178

3.9

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

(i)

Net Bank credit to Government sector (a+b)

5,11,343

5,51,672

5,813

1.1

31,196

7.1

40,329

7.9

61,984

15.1

79,098

16.7

(a) Reserve Bank

1,53,877

1,72,171

12,092

7.6

9,443

6.4

18,295

11.9

1,739

1.1

14,464

9.2

(b) Other Banks

3,57,467

3,79,501

–6,279

–1.6

21,752

7.4

22,034

6.2

60,245

23.7

64,634

20.5

(ii)

Bank credit to commercial sector (a+b)

6,70,378

6,76,284

3,533

0.5

4,424

0.8

5,906

0.9

1,00,860

20.6

85,296

14.4

(a) Reserve Bank

13,287

11,167

2,742

32.5

–1,937 –12.7

–2,120

–16.0

4,001

42.9

–2,167

–16.2

(b) Other Banks

6,57,092

6,65,118

791

0.1

6,361

1.1

8,026

1.2

96,859

20.1

87,463

15.1

(iii)

Net foreign exchange assets of banking sector

2,44,320

2,49,956

964

0.4

–1,617

–0.8

5,636

2.3

19,665

10.7

45,925

22.5

(iv)

Government's currency liabilities to the public

4,905

4,905

—

—

432

10.1

—

—

674

16.8

211

4.5

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,25,380

1,11,337

6,281

6.0

–5,287

–4.6

–14,042

–11.2

30,209

38.5

2,706

2.5

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

78,655

84,434

1,151

1.4

7,434

10.6

5,779

7.3

14,314

22.6

6,853

8.8

* : 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.