(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#

Sep. 6#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M₃

15,00,003

16,36,833

6,179

0.4

87,883

6.7

1,36,830

9.1

2,10,836

17.7

2,35,729

16.8

(15.6)

[15,94,241]

[94,238]

[6.3]

[1,93,137]

[13.8]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,399

2,51,921

574

0.2

11,645

5.6

10,522

4.4

22,290

11.2

30,726

13.9

(ii)

Demand deposits with banks

1,78,284

1,79,276

1,256

0.7

–2,215

–1.3

992

0.6

20,768

14.5

15,222

9.3

(iii)

Time deposits with banks@

10,77,470

12,02,145

4,411

0.4

78,422

8.4

1,24,676

11.6

1,67,878

19.9

1,89,953

18.8

[11,59,553]

[82,084]

[7.6]

[1,47,361]

[14.6]

(iv)

"Other" deposits with Reserve Bank

2,850

3,490

–63

–1.8

32

0.9

641

22.5

–101

–2.7

–171

–4.7

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

(i)

Net Bank credit to Government (a+b)

5,86,466

6,38,403

3,283

0.5

49,350

9.6

51,937

8.9

84,788

17.8

77,098

13.7

(a) Reserve Bank

1,52,178

1,40,632

6,425

4.8

6,328

4.1

–11,546

–7.6

2,488

1.6

–19,572

–12.2

(b) Other Banks

4,34,288

4,97,771

–3,143

–0.6

43,023

12.0

63,483

14.6

82,300

25.8

96,670

24.1

(ii)

Bank credit to commercial sector (a+b)

7,56,265

8,26,255

5,825

0.7

11,053

1.6

69,990

9.3

77,076

12.6

1,35,983

19.7

(a) Reserve Bank

5,929

2,926

—

—

–3,435

–25.9

–3,003

–50.6

–3,272

–24.9

–6,925

–70.3

(b) Other Banks

7,50,336

8,23,329

5,824

0.7

14,489

2.2

72,993

9.7

80,347

13.4

1,42,908

21.0

(iii)

Net foreign exchange assets of banking sector

3,14,733

3,51,897

5,001

1.4

11,194

4.5

37,164

11.8

57,117

28.0

90,884

34.8

(iv)

Government's currency liabilities to the public

6,366

6,456

—

—

367

6.9

89

1.4

828

16.9

735

12.8

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,63,828

1,86,178

7,930

4.4

–15,918

–12.0

22,350

13.6

8,972

8.3

68,970

58.8

of which : Net non-monetary liabilities of RBI

1,01,220

1,11,545

2,253

2.1

7,976

10.1

10,325

10.2

18,288

     26.5

24,224

       27.7

@ : 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.
Figures in [ ] exclude the impact of mergers since May 3, 2002.