(Rs. crore)

Outstanding as on

Variation over

2002

Fortnight

Financial year so far

Year-on-year

2001-2002

2002-2003

2001

2002

Item

Mar. 31#

Nov. 1#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M₃

15,00,003

16,65,508

7,097

0.4

1,17,584

9.0

1,65,505

11.0

2,09,678

17.2

2,34,704

16.4

(15.1)

[16,22,916]

[1,22,913]

[8.2]

[1,92,112]

[13.4]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,399

2,57,516

730

0.3

16,113

7.7

16,117

6.7

20,578

10.0

31,853

14.1

(ii)

Demand deposits with banks

1,78,284

1,85,789

3,235

1.8

–87

–0.1

7,505

4.2

17,245

11.6

19,606

11.8

(iii)

Time deposits with banks@

10,77,470

12,19,012

3,169

0.3

1,02,016

10.9

1,41,543

13.1

1,71,539

19.8

1,83,225

17.7

[11,76,420]

[98,951]

[9.2]

[1,40,633]

[13.6]

(iv)

"Other" deposits with Reserve Bank

2,850

3,189

–37

–1.1

–459

–12.6

340

11.9

315

11.0

19

0.6

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

(i)

Net Bank credit to Government (a+b)

5,86,466

6,46,828

8,915

1.4

60,347

11.8

60,361

10.3

77,087

15.6

74,525

13.0

(a) Reserve Bank

1,52,178

1,42,511

21,957

18.2

9,528

6.2

–9,668

–6.4

–10,883

–6.2

–20,894

–12.8

(b) Other Banks

4,34,288

5,04,317

–13,043

–2.5

50,820

14.2

70,029

16.1

87,970

27.4

95,419

23.3

(ii)

Bank credit to commercial sector (a+b)

7,56,265

8,47,794

6,214

0.7

32,777

4.8

91,529

12.1

80,631

12.8

1,35,798

19.1

(a) Reserve Bank

5,929

2,943

–164

–5.3

–2,840

–21.4

–2,986

–50.4

–1,864

–15.1

–7,504

–71.8

(b) Other Banks

7,50,336

8,44,852

6,378

0.8

35,617

5.3

94,515

12.6

82,495

13.3

1,43,302

20.4

(iii)

Net foreign exchange assets of banking sector

3,14,733

3,63,528

2,306

0.6

25,173

10.1

48,795

15.5

65,686

31.4

88,535

32.2

(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

1,99,304

10,337

5.5

1,250

0.9

35,476

21.7

14,574

12.2

64,928

48.3

of which : Net non-monetary liabilities of RBI

1,01,220

1,14,702

3,231

2.9

14,129

17.8

13,483

13.3

18,332

24.4

21,228

22.7

@ : 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.