(Rs. crore)

Outstanding as on

Variation over

2002

2003

Fortnight

Financial year so far

Year-on-year

2001-2002

2002-2003

2002

2003

Item

Mar. 31#

Jan. 24#

Amount 

 %

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

15,00,003

16,91,141

2,056

0.1

  1,46,053

11.1

1,91,139

12.7

1,82,898

14.3

2,31,868

15.9

M3

[16,48,549]

[1,48,547]

[9.9]

[1,89,276]

[13.0]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,41,399

2,65,325

–362

–0.1

23,672

11.3

23,926

9.9

27,533

13.4

32,104

13.8

(ii)

Demand deposits with banks

1,78,284

1,85,232

–891

–0.5

–1,118

–0.7

6,948

3.9

12,515

8.2

20,080

12.2

(iii)

Time deposits with banks@

10,77,470

12,37,976

3,380

0.3

1,24,831

13.4

1,60,506

14.9

1,42,738

15.6

1,79,374

16.9

[11,95,384]

[1,17,914]

[10.9]

[1,36,782]

[12.9]

(iv)

"Other" deposits with Reserve Bank

2,850

2,608

–71

–2.7

–1,331

–36.7

–241

–8.5

112

5.1

310

13.5

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

(i)

Net Bank credit to Government (a+b)

5,86,466

6,42,060

–3,624

–0.6

66,220

12.9

55,594

9.5

82,235

16.6

63,885

11.0

(a) Reserve Bank

1,52,178

1,07,823

–12,387

–10.3

–1,417

–0.9

–44,355

–29.1

2,023

1.3

–44,636

–29.3

(b) Other Banks

4,34,288

5,34,237

8,763

1.7

67,638

18.9

99,948

23.0

80,212

23.2

1,08,521

25.5

(ii)

Bank credit to commercial sector (a+b)

7,56,265

8,65,987

6,737

0.8

55,522

8.2

1,09,723

14.5

73,207

11.1

1,31,247

17.9

(a) Reserve Bank

5,929

2,925

–77

–2.6

–5,402

–40.7

–3,004

–50.7

–5,277 

–40.1

–4,959

–62.9

(b) Other Banks

7,50,336

8,63,062

6,814

0.8

60,924

9.1

1,12,726

15.0

78,484

12.1

1,36,206

18.7

(iii)

Net foreign exchange assets of banking sector

3,14,733

3,96,676

8,281

2.1

39,037

15.6

81,943

26.0

51,083

21.5

1,07,820

37.3

(iv)

Government's currency liabilities to the public

6,366

6,851

—

—

802

15.0

485

7.6

932

17.9

696

11.3

(v)

Banking sector's net non-monetary liabilities

other than time deposits

1,63,828

2,20,433

9,338

4.4

15,528

11.7

56,606

34.6

24,560

19.8

71,779

48.3

of which : Net non-monetary liabilities of RBI

1,01,220

1,27,135

2,035

1.6

19,075

24.0

25,915

25.6

15,759

19.1

28,715

29.2

@ :

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.