(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#

Dec. 13#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M₃

15,00,003

16,81,500

7,089

0.4

1,33,213

10.1

1,81,498

12.1

1,87,530

14.9

2,35,067

16.3

[16,38,908]

[1,38,906]

[9.3]

[1,92,475]

[13.3]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,399

2,64,535

6,365

2.5

24,855

11.9

23,136

9.6

27,126

13.1

30,130

12.9

(ii)

Demand deposits with banks

1,78,284

1,86,238

1,987

1.1

–842

–0.5

7,954

4.5

13,987

9.2

20,811

12.6

(iii)

Time deposits with banks@

10,77,470

12,27,826

–1,277

–0.1

1,10,004

11.8

1,50,357

14.0

1,45,998

16.3

1,84,052

17.6

[11,85,234]

[1,07,765]

[10.0]

[1,41,460]

[13.6]

(iv)

"Other" deposits with Reserve Bank

2,850

2,900

13

0.5

–803

–22.1

51

1.8

419

17.4

74

2.6

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

(i)

Net Bank credit to Government (a+b)

5,86,466

6,53,797

10,995

1.7

67,431

13.2

67,330

11.5

80,363

16.1

74,411

12.8

(a) Reserve Bank

1,52,178

1,23,022

4,889

4.1

1,812

1.2

–29,156

–19.2

575

0.4

–32,666

–21.0

(b) Other Banks

4,34,288

5,30,774

6,107

1.2

65,619

18.3

96,486

22.2

79,789

23.2

1,07,077

25.3

(ii)

Bank credit to commercial sector (a+b)

7,56,265

8,51,964

1,711

0.2

33,974

5.0

95,699

12.7

73,754

11.5

1,38,772

19.5

(a) Reserve Bank

5,929

2,960

–144

–4.6

–4,039

–30.4

–2,968

–50.1

–3,193

–25.7

–6,287

–68.0

(b) Other Banks

7,50,336

8,49,003

1,855

0.2

38,013

5.7

98,667

13.1

76,947

12.3

1,45,058

20.6

(iii)

Net foreign exchange assets of banking sector

3,14,733

3,80,890

6,655

1.8

35,555

14.2

66,157

21.0

52,857

22.7

95,515

33.5

(iv)

Government's currency liabilities to the public

6,366

6,661

—

—

639

11.9

295

4.6

887

17.4

669

11.2

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,63,828

2,11,811

12,273

6.2

4,385

3.3

47,984

29.3

20,330

17.3

74,300

54.0

of which : Net non-monetary liabilities of RBI

1,01,220

1,19,460

4,637

4.0

15,783

19.9

18,240

18.0

16,452

20.9

24,332

25.6

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