(Rs. crore)

Outstanding as on

Variation over

2003

Fortnight

Financial year so far

Year-on-year

2002-2003

2003-2004

2002

2003

Item

Mar. 31#

Oct. 31#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M₃

17,25,222

18,64,669

11,699

0.6

1,67,714

11.2

1,39,447

8.1

2,39,198

16.8

1,98,600

11.9

[16,95,551]

[1,31,671]

[8.8]

[2,03,155]

[14.2]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,70,983

2,94,418

4,408

1.5

17,285

7.2

23,435

8.6

32,249

14.3

36,339

14.1

(ii)

Demand deposits with banks

1,98,602

2,18,902

3,364

1.6

5,609

3.1

20,300

10.2

19,387

11.7

34,093

18.4

(iii)

Time deposits with banks @

12,52,396

13,45,686

2,540

0.2

1,44,444

13.4

93,290

7.4

1,87,506

18.2

1,25,730

10.3

[12,22,725]

[1,08,401]

[10.1]

[1,51,463]

[14.7]

(iv)

"Other" deposits with Reserve Bank

3,242

5,665

1,387

32.4

376

13.2

2,422

74.7

55

1.7

2,439

75.6

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

(i)

Net Bank credit to Government (a+b)

6,78,059

7,16,917

3,548

0.5

58,291

9.9

38,858

5.7

76,002

13.3

69,062

10.7

(a) Reserve Bank

1,20,679

71,210

8,586

13.7

–9,668

–6.4

–49,470

–41.0

–20,894

–12.8

–71,301

–50.0

(b) Other Banks

5,57,379

6,45,707

–5,038

–0.8

67,958

15.5

88,328

15.8

96,896

23.7

1,40,362

27.8

(ii)

Bank credit to commercial sector (a+b)

9,06,612

9,43,602

9,138

1.0

90,497

11.9

36,990

4.1

1,37,366

19.3

93,458

11.0

(a) Reserve Bank

3,048

2,899

–30

–1.0

–2,986

–50.4

–150

–4.9

–7,504

–71.8

–44

–1.5

(b) Other Banks

9,03,564

9,40,704

9,168

1.0

93,483

12.4

37,140

4.1

1,44,870

20.6

93,502

11.0

(iii)

Net foreign exchange assets of banking sector

3,93,715

4,56,260

5,350

1.2

47,540

15.3

62,545

15.9

83,582

30.4

97,685

27.2

(iv)

Government's currency liabilities to the public

7,071

7,179

—

—

485

7.6

108

1.5

962

16.3

328

4.8

(v)

Banking sector's net non-monetary liabilities

other than time deposits

2,60,234

2,59,289

6,337

2.5

29,098

17.3

–945

–0.4

58,714

42.3

61,933

31.4

of which : Net non-monetary liabilities of RBI

1,27,141

1,16,157

–101

–0.1

13,446

13.3

–10,984

–8.6

21,191

22.7

1,492

1.3

@ : Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. Data also reflect redemption ofResurgent India Bonds (RIBs) of Rs.22,693 crore, since October 1, 2003.
Figures in [ ] exclude the impact of mergers since May 3, 2002.