Annual Report


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Document - I.24: Resereve Banks Accomodation For Scheduled Commercial Banks () or PDF - I.24: Resereve Banks Accomodation For Scheduled Commercial Banks ()
Date : Aug 29, 2005
I.24: Resereve Bank's Accomodation For Scheduled Commercial Banks

 

             

(Amount in Rupees crore)

                   
 

Item

 

2005-06

2004-05

2003-04

                   
       

May

March

December

September

June

March

 

1

   

2

3

4

5

6

7

                   

1.

Export Credit Refinance

           
 

A)

Limit

4,915

4,951

4,614

4,460

4,464

4,664

   

a)

Normal

1,553

   

b)

Backstop

3,111

 

B)

Outstanding

774

50

601

3

0

   

a)

Normal

0

   

b)

Backstop

0

                   

Memo Items :

           
                   

1.

Aggregate Export Credit $

70,911

69,389

66,712

64,582

62,956

59,744

2.

Export Credit eligible for Refinance

32,766

33,007

30,761

29,733

29,812

31,101

3.

Aggregate Export Credit as percentage of

           
 

Net Bank Credit

6.1

6.3

6.4

7.0

7.1

7.1

$: Inclusive of Rupee export credit, pre-shipment credit in foreign currency (PCFC),
rediscounting of export bills abroad (EBR) and overdue export credit.
Note :1. Data pertain to the last reporting Friday of the month.
2. Effective April 1, 2002, ECR facility is being provided to the banks to the extent of 15 per
cent of the outstanding export credit eligible for refinance as at the end of second
preceding fortnight. Apportionment of normal and back-stop under ECR facility which was changed from initial ratio of two-third to one-third (i.e., 67:33) to one half (50:50) each effective from November 16, 2002 was further changed to one-third to two-third (33:67). Effective March 29, 2004, normal and back-stop facilities merged into single facility.

 


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