(Rs.crore)

Source

Outstandings as on March 31/Reporting Fridays of the Month/Last Reporting Friday of the Month

2007-08

2008-09

2009-10

March 13, 2009

March 27, 2009

1

2

3

4

5

6

1.

Net Bank Credit to Government (A+B)

8,99,518

12,77,724

16,68,258

12,25,645

12,49,472

A. RBI’s net credit to Government (i-ii)

–1,13,209

61,580

2,20,218

–3,278

32,845

(i) Claims on Government (a+b)

1,16,194

1,59,166

2,23,097

84,941

1,22,068

(a) Central Government (1)

1,14,725

1,57,488

2,22,673

84,941

1,22,068

(b) State Governments

1,468

1,678

423

—

—

(ii) Government deposits with RBI (a+b)

2,29,403

97,586

2,879

88,219

89,223

(a) Central Government

2,29,361

95,727

2,838

88,178

88,178

(b) State Governments

41

1,859

41

41

1,045

B. Other Banks’ Credit to Government

10,12,727

12,16,144

14,48,041

12,28,924

12,16,627

2.

Bank Credit to Commercial Sector (A+B)

25,78,990

30,20,516

34,83,253

29,24,373

30,10,817

A. RBI’s credit to commercial sector (2)

1,788

13,820

1,328

8,103

11,134

B. Other banks’ credit to commercial sector (i+ii+iii)

25,77,201

30,06,696

34,81,925

29,16,270

29,99,683

(i) Bank credit by commercial banks

23,61,914

27,75,549

32,40,399

26,92,759

27,75,549

(ii) Bank credit by co-operative banks

1,98,816

2,16,988

2,29,010

2,09,558

2,09,762

(iii) Investments by commercial and co-operative banks in other securities

16,472

14,158

12,516

13,953

14,372

3.

Net Foreign Exchange Assets of Banking Sector (A+B)

12,95,131

13,52,184

12,75,039

13,22,711

13,43,784

A. RBI’s net foreign exchange assets (i-ii)(3)

12,36,130

12,80,116

12,31,949

12,79,980

12,71,716

(i) Gross foreign assets

12,36,147

12,80,133

12,31,966

12,79,997

12,71,734

(ii) Foreign liabilities

17

17

17

17

17

B. Other banks’ net foreign exchange assets

59,001

72,068

43,090

42,731

72,068

4.

Government’s Currency Liabilities to the Public

9,224

10,054

10,919

9,984

10,054

5.

Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B)

7,64,980

8,83,409

8,57,902

8,09,152

8,30,139

A. Net non-monetary liabilities of RBI(3)

2,10,221

3,87,927

3,10,301

3,88,608

3,90,189

B. Net non-monetary liabilities of other banks(residual)

5,54,759

4,95,483

5,47,601

4,20,544

4,39,950

M₃ (1+2+3+4-5)

40,17,883

47,77,069

55,79,567

46,73,562

47,83,988

No. 11: Sources of Money Stock (M₃) (Concld.)

(Rs.crore)

Source

Outstandings as on March 31/Reporting Fridays of the Month/Last Reporting Friday of the Month

November
2009

December
2009

January
2010

February
2010

March 12,
2010

March 26,
2010

1

7

8

9

10

11

12

1.

Net Bank Credit to Government (A+B)

14,99,769

15,02,264

15,58,416

15,89,035

16,14,484

16,18,933

A. RBI’s net credit to Government (i-ii)

72,328

86,910

90,212

1,51,876

1,62,603

1,70,892

(i) Claims on Government (a+b)

96,051

1,54,118

1,02,202

1,61,814

1,65,482

1,77,603

(a) Central Government (1)

94,982

1,54,060

1,01,424

1,60,747

1,64,441

1,77,046

(b) State Governments

1,069

58

778

1,067

1,041

558

(ii) Government deposits with RBI (a+b)

23,723

67,208

11,989

9,938

2,879

6,711

(a) Central Government

23,681

67,167

11,948

7,959

2,838

6,670

(b) State Governments

41

41

41

1,979

41

41

B. Other Banks’ Credit to Government

14,27,440

14,15,355

14,68,204

14,37,159

14,51,882

14,48,041

2.

Bank Credit to Commercial Sector (A+B)

31,38,848

31,82,450

32,81,750

33,39,963

33,69,726

34,86,447

A. RBI’s credit to commercial sector (2)

5,396

4,718

5,468

4,713

5,775

4,522

B. Other banks’ credit to commercial sector (i+ii+iii)

31,33,452

31,77,731

32,76,282

33,35,250

33,63,951

34,81,925

(i) Bank credit by commercial banks

28,99,854

29,42,279

30,31,224

30,89,323

31,24,850

32,40,399

(ii) Bank credit by co-operative banks

2,22,182

2,23,145

2,32,566

2,26,540

2,27,019

2,29,010

(iii) Investments by commercial and co-operative banks in other securities

11,417

12,308

12,491

19,387

12,082

12,516

3.

Net Foreign Exchange Assets of Banking Sector (A+B)

13,51,841

13,41,467

13,16,708

13,01,275

12,87,486

12,73,042

A. RBI’s net foreign exchange assets (i-ii)(3)

13,03,158

12,98,377

12,73,618

12,58,185

12,44,396

12,29,952

(i) Gross foreign assets

13,03,176

12,98,395

12,73,635

12,58,203

12,44,413

12,29,969

(ii) Foreign liabilities

17

17

17

17

17

17

B. Other banks’ net foreign exchange assets

48,683

43,090

43,090

43,090

43,090

43,090

4.

Government’s Currency Liabilities to the Public

10,731

10,828

10,919

10,919

10,919

10,919

5.

Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B)

7,84,951

8,08,512

8,14,999

8,16,439

8,00,335

8,06,082

A. Net non-monetary liabilities of RBI(3)

3,88,517

3,83,922

3,54,675

3,39,698

3,23,697

3,11,148

B. Net non-monetary liabilities of other banks(residual)

3,96,434

4,24,589

4,60,324

4,76,741

4,76,638

4,94,934

M₃ (1+2+3+4-5)

52,16,238

52,28,497

53,52,794

54,24,753

54,82,279

55,83,259

Notes : 1. Monetary aggregates as at end-March incorporate data on i) scheduled commercial banks as on last reporting Friday and ii) the Reserve Bank of India pertaining to the last working day of the fiscal year.
2. Net Foreign Exchange Assets of the RBI includes investment in foreign currency denominated bonds issued by IIFC (UK) since March 20, 2009.
3. Goverment Blances as on March 31, 2010 are before closure of accounts.
Also see ‘Notes on Tables’.