(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2004

Fortnight

2003-2004

2004-2005

2003

2004

Item

Mar. 31#

Dec. 24#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

20,03,102

21,51,537

–2,265

–0.1

1,83,832

10.7

1,48,435

7.4

2,19,777

13.1

2,49,746

13.1

^M3

(21,47,968)

(1,44,866)

(7.2)

(2,46,177)

(12.9)

Components (i+ii+iii+iv)

(i)

Currency with the Public

3,15,493

3,41,805

–3,595

–1.0

28,903

10.6

26,313

8.3

39,235

15.0

41,321

13.8

(ii)

Demand deposits with banks

2,56,039

2,61,352

–1,038

–0.4

23,132

11.6

5,312

2.1

32,011

16.9

39,462

17.8

(iii)

Time deposits with banks @

14,26,451

15,43,713

1,942

0.1

1,31,345

10.6

1,17,261

8.2

1,47,456

12.0

1,67,989

12.2

(15,40,144)

(1,13,692)

(8.0)

(1,64,420)

(12.0)

(iv)

"Other" deposits with Reserve Bank

5,119

4,668

425

10.0

451

13.9

–452

–8.8

1,075

41.1

974

26.4

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

(i)

Net Bank credit to Government (a+b)

7,45,499

7,33,679

–6,762

–0.9

40,706

6.0

–11,819

–1.6

76,932

12.0

16,450

2.3

(7,21,486)

(–24,012)

(–3.2)

(4,257)

(0.6)

(a) Reserve Bank

44,907

4,770

–331

–6.5

–70,103

–58.1

–40,138

–89.4

–60,184

–54.3

–45,806

–90.6

(b) Other Banks

7,00,591

7,28,910

–6,431

–0.9

1,10,810

19.9

28,318

4.0

1,37,116

25.9

62,256

9.3

(ii)

Bank credit to commercial sector (a+b)

10,17,902

12,11,406

12,911

1.1

63,541

7.1

1,93,504

19.0

1,03,652

12.1

2,48,884

25.9

(11,78,724)

(1,60,822)

(15.8)

(2,16,202)

(22.5)

(a) Reserve Bank

2,061

1,889

—

—

–968

–31.8

–172

–8.3

–883

–29.8

–190

–9.2

(b) Other Banks

10,15,841

12,09,516

12,911

1.1

64,509

7.2

1,93,676

19.1

1,04,535

12.2

2,49,075

25.9

(iii)

Net foreign exchange assets of banking sector

5,26,586

6,05,919

–4,210

–0.7

95,781

24.3

79,333

15.1

1,10,872

29.3

1,16,423

23.8

(iv)

Government's currency liabilities to the public

7,296

7,374

—

—

201

2.8

79

1.1

324

4.7

102

1.4

(v)

Banking sector's net non-monetary liabilities

other than time deposits

2,94,181

4,06,842

4,204

1.0

16,398

6.3

1,12,661

38.3

72,003

35.5

1,32,114

48.1

of which : Net non-monetary liabilities of RBI

1,07,585

1,32,914

–4,056

–3.0

3,487

2.7

25,329

23.5

9,752

8.1

2,286

1.7

@: 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.
Note : Figures in parentheses exclude the impact of conversion of a non-banking entity into banking entity from October 11, 2004.