(Rs. crore)

Outstanding as on

Variation over

Fortnight

Financial year so far

Year-on-year

2002

2001-2002

2002-2003

2001

2002

Item

Mar. 31#

Oct. 18#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

15,00,003

16,58,410

3,939

0.2

1,11,445

8.5

1,58,408

10.6

2,05,939

16.9

2,33,745

16.4

(14.8)

[16,15,818]

[1,15,816]

[7.7]

[1,91,153]

[13.4]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,399

2,56,787

6,793

2.7

14,237

6.8

15,387

6.4

23,481

11.7

33,000

14.7

(ii)

Demand deposits with banks

1,78,284

1,82,554

–3,955

–2.1

–2,330

–1.4

4,270

2.4

11,751

7.7

18,614

11.4

(iii)

Time deposits with banks@

10,77,470

12,15,844

1,760

0.1

1,00,031

10.7

1,38,374

12.8

1,70,611

19.8

1,82,042

17.6

[11,73,252]

[95,782]

[8.9]

[1,39,450]

[13.5]

(iv)

"Other" deposits with Reserve Bank

2,850

3,226

–658 –16.9

–493

–13.6

376

13.2

96

3.2

89

2.8

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

(i)

Net Bank credit to Government (a+b)

5,86,466

6,37,913

9,041

1.4

54,081

10.6

51,447

8.8

76,113

15.5

71,877

12.7

(a) Reserve Bank

1,52,178

1,20,553

–3,560

–2.9

2,668

1.7

–31,625

–20.8

–11,439

–6.8

–35,992

–23.0

(b) Other Banks

4,34,288

5,17,360

12,601

2.5

51,412

14.4

83,072

19.1

87,552

27.2

1,07,869

26.3

(ii)

Bank credit to commercial sector (a+b)

7,56,265

8,41,580

–23

—

28,927

4.3

85,315

11.3

78,613

12.5

1,33,434

18.8

(a) Reserve Bank

5,929

3,106

134

4.5

–2,252

–17.0

–2,822

–47.6

–179

–1.6

–7,928

–71.8

(b) Other Banks

7,50,336

8,38,474

–157

—

31,180

4.7

88,138

11.7

78,792

12.7

1,41,362

20.3

(iii)

Net foreign exchange assets of banking sector

3,14,733

3,61,222

4,169

1.2

23,284

9.3

46,489

14.8

64,544

30.9

88,118

32.3

(iv)

Government's currency liabilities to the public

6,366

6,661

—

—

536

10.0

295

4.6

847

16.8

772

13.1

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,63,828

1,88,966

9,248

5.1

–4,618

–3.5

25,138

15.3

14,178

12.4

60,458

47.0

of which : Net non-monetary liabilities of RBI

1,01,220

1,11,471

–83

–0.1

12,323

15.5

10,251

10.1

19,303

26.7

19,803

21.6

@ : 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.