(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2002

Fortnight

2001-2002

2002-2003

2001

2002

Item

Mar. 31#

Apr. 5#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

14,97,133

15,28,638

31,019

2.1

33,290

2.5

31,505

2.1

1,89,453

16.4

1,82,128

13.5

(14.2)

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,441

2,45,239

3,167

1.3

3,213

1.5

3,799

1.6

18,149

9.3

32,476

15.3

(ii)

Demand deposits with banks

1,76,917

1,87,181

10,264

5.8

10,520

6.3

10,264

5.8

20,785

13.3

10,391

5.9

(iii)

Time deposits with banks@

10,75,930

10,93,577

17,647

1.6

19,603

2.1

17,647

1.6

1,51,331

18.9

1,40,203

14.7

(iv)

"Other" deposits with Reserve Bank

2,845

2,641

–59

–2.2

–47

–1.3

–204

–7.2

–812

–18.5

–942

–26.3

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

(i)

Net Bank credit to Government (a+b)

5,87,808

5,92,039

16,934

2.9

9,979

1.9

4,231

0.7

66,338

14.6

70,106

13.4

(a) Reserve Bank

1,54,471

1,44,036

2,268

1.6

–4,367

–2.8

–10,435

–6.8

7,161

5.0

–5,474

–3.7

(b) Other Banks

4,33,338

4,48,003

14,666

3.4

14,346

4.0

14,666

3.4

59,178

18.9

75,579

20.3

(ii)

Bank credit to commercial sector (a+b)

7,54,209

7,69,337

14,092

1.9

12,240

1.8

15,128

2.0

1,01,234

17.2

77,879

11.3

(a) Reserve Bank

5,929

3,197

–3,768 –54.1

–4,215

–31.7

–2,732

–46.1

782

9.4

–5,875

–64.8

(b) Other Banks

7,48,280

7,66,140

17,860

2.4

16,454

2.5

17,860

2.4

1,00,452

17.3

83,754

12.3

(iii)

Net foreign exchange assets of banking sector

3,14,733

3,17,183

6,446

2.1

1,862

0.7

2,451

0.8

45,422

22.0

65,502

26.0

(iv)

Government's currency liabilities to the public

6,225

6,225

—

—

—

—

—

—

776

16.9

872

16.3

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,65,843

1,56,147

6,453

4.3

–9,209

–6.9

–9,696

–5.8

24,318

24.4

32,230

26.0

of which : Net non-monetary liabilities of RBI

1,03,517

1,05,223

1,342

1.3

2,743

3.5

1,706

1.6

8,534

11.6

23,135

28.2

@ : 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, 2002 are before closure of accounts.