(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. 15#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M₃

15,00,003

16,72,193

6,686

0.4

1,27,403

9.7

1,72,191

11.5

1,90,063

15.2

2,31,570

16.1

[16,29,601]

[1,29,599]

[8.6]

[1,88,978]

[13.1]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,399

2,64,637

7,121

2.8

25,701

12.3

23,238

9.6

29,376

14.3

29,386

12.5

(ii)

Demand deposits with banks

1,78,284

1,82,589

–3,200

–1.7

–1,482

–0.9

4,305

2.4

15,552

10.4

17,801

10.8

(iii)

Time deposits with banks@

10,77,470

12,21,401

2,389

0.2

1,04,078

11.1

1,43,932

13.4

1,45,062

16.2

1,83,553

17.7

[11,78,809]

[1,01,340]

[9.4]

[1,40,961]

[13.6]

(iv)

"Other" deposits with Reserve Bank

2,850

3,566

377

11.8

–893

–24.6

717

25.1

74

2.8

830

30.3

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

(i)

Net Bank credit to Government (a+b)

5,86,466

6,43,913

–2,914

–0.5

64,140

12.5

57,447

9.8

82,646

16.7

67,819

11.8

(a) Reserve Bank

1,52,178

1,30,939

–11,572

–8.1

10,205

6.6

–21,239

–14.0

5,898

3.7

–33,143

–20.2

(b) Other Banks

4,34,288

5,12,974

8,657

1.7

53,934

15.1

78,686

18.1

76,748

22.9

1,00,962

24.5

(ii)

Bank credit to commercial sector (a+b)

7,56,265

8,48,152

357

—

31,131

4.6

91,887

12.2

76,483

12.1

1,37,802

19.4

(a) Reserve Bank

5,929

2,964

22

0.7

–5,468

–41.2

–2,964

–50.0

–4,359

–35.8

–4,854

–62.1

(b) Other Banks

7,50,336

8,45,187

336

—

36,599

5.5

94,851

12.6

80,842

13.0

1,42,656

20.3

(iii)

Net foreign exchange assets of banking sector

3,14,733

3,69,609

6,081

1.7

29,650

11.9

54,876

17.4

58,731

26.6

90,139

32.3

(iv)

Government's currency liabilities to the public

6,366

6,661

—

—

536

10.0

295

4.6

783

15.3

772

13.1

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,63,828

1,96,142

–3,162

–1.6

–1,947

–1.5

32,314

19.7

28,580

27.9

64,963

49.5

of which : Net non-monetary liabilities of RBI

1,01,220

1,15,124

421

0.4

12,825

16.2

13,904

13.7

16,498

21.8

22,954

24.9

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