| 1. Reserve Bank of India - Liabilities and Assets* | | (₹ Crore) | | Item | 2023 | 2024 | Variation | | Mar. 10 | Mar. 1 | Mar. 8 | Week | Year | | 1 | 2 | 3 | 4 | 5 | | 4 Loans and Advances | | | | | | | 4.1 Central Government | 0 | 0 | 0 | 0 | 0 | | 4.2 State Governments | 736 | 3252 | 9259 | 6007 | 8523 | | * Data are provisional; difference, if any, is due to rounding off. | | 2. Foreign Exchange Reserves* | | Item | As on March 8, 2024 | Variation over | | Week | End-March 2023 | Year | | ₹ Cr. | US$ Mn. | ₹ Cr. | US$ Mn. | ₹ Cr. | US$ Mn. | ₹ Cr. | US$ Mn. | | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | | 1 Total Reserves | 5266052 | 636095 | 78908 | 10470 | 511787 | 57646 | 671460 | 76093 | | 1.1 Foreign Currency Assets # | 4655556 | 562352 | 60334 | 8121 | 466423 | 52661 | 595393 | 67489 | | 1.2 Gold | 419860 | 50716 | 18430 | 2299 | 48361 | 5515 | 75899 | 8793 | | 1.3 SDRs | 150760 | 18211 | 28 | 31 | -404 | -182 | 2087 | 90 | | 1.4 Reserve Position in the IMF | 39876 | 4817 | 116 | 19 | -2593 | -348 | -1919 | -279 | * Difference, if any, is due to rounding off. # Excludes (a) SDR holdings of the Reserve Bank, as they are included under the SDR holdings; (b) investment in bonds issued by IIFC (UK); and (c) amounts lent under the SAARC and ACU currency swap arrangements. | | 4. Scheduled Commercial Banks - Business in India | | (₹ Crore) | | Item | Outstanding as on Feb. 23, 2024 | Variation over | | Fortnight | Financial year so far | Year-on-Year | | 2022-23 | 2023-24 | 2023 | 2024 | | 1 | 2 | 3 | 4 | 5 | 6 | | 2 Liabilities to Others | | | | | | | | 2.1 Aggregate Deposits | 20204873 | 9491 | 1396541 | 2160959 | 1644325 | 2343019 | | | (20092086) | | | (2048172) | | (2230232) | | 2.1a Growth (Per cent) | | - | 8.5 | 12.0 | 10.1 | 13.1 | | | | | | (11.4) | | (12.5) | | 2.1.1 Demand | 2368300 | 49036 | 77984 | 187869 | 186755 | 217569 | | 2.1.2 Time | 17836573 | -39545 | 1318557 | 1973090 | 1457570 | 2125450 | | 2.2 Borrowings | 779019 | -15800 | 191912 | 333689 | 189767 | 312512 | | 2.3 Other Demand and Time Liabilities | 922783 | 3455 | 122101 | 133132 | 124683 | 159834 | | 7 Bank Credit | 16207362 | 59886 | 1558954 | 2532127 | 1806552 | 2757094 | | | (15670957) | | | (1995722) | | (2220689) | | 7.1a Growth (Per cent) | | 0.4 | 13.1 | 18.5 | 15.5 | 20.5 | | | | | | (14.6) | | (16.5) | | 7a.1 Food Credit | 40502 | -5940 | -19734 | 20596 | -32948 | 5225 | | 7a.2 Non-food credit | 16166861 | 65826 | 1578689 | 2511531 | 1839500 | 2751868 | 1. Data since July 14, 2023 include the impact of the merger of a non-bank with a bank. 2. Figures in parentheses exclude the impact of the merger. 3. ‘-’: Nil/Negligible. | | 6. Money Stock: Components and Sources | | (₹ Crore) | | Item | Outstanding as on | Variation over | | 2023 | 2024 | Fortnight | Financial Year so far | Year-on-Year | | 2022-23 | 2023-24 | 2023 | 2024 | | Mar. 31 | Feb. 23 | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | | M3 | 22343760 | 24493645 | 22312 | 0.1 | 1599602 | 7.8 | 2149885 | 9.6 | 1909803 | 9.5 | 2400314 | 10.9 | | | | (24606433) | (20645) | (0.1) | | | (2262672) | (10.1) | | | (2513101) | (11.4) | | 1 Components (1.1.+1.2+1.3+1.4) | | | | | | | | | | | | | | 1.1 Currency with the Public | 3276436 | 3361122 | 10493 | 0.3 | 187048 | 6.2 | 84686 | 2.6 | 242172 | 8.1 | 138385 | 4.3 | | 1.2 Demand Deposits with Banks | 2320598 | 2510511 | 48626 | 2.0 | 79589 | 3.6 | 189913 | 8.2 | 189525 | 9.0 | 217930 | 9.5 | | 1.3 Time Deposits with Banks | 16668966 | 18538194 | -36900 | -0.2 | 1327280 | 8.7 | 1869229 | 11.2 | 1468730 | 9.8 | 2024310 | 12.3 | | | | (18650982) | (-38567) | (-0.2) | | | (1982016) | (11.9) | | | (2137097) | (12.9) | | 1.4 ‘Other’ Deposits with Reserve Bank | 77761 | 83819 | 93 | 0.1 | 5685 | 9.7 | 6057 | 7.8 | 9377 | 17.1 | 19690 | 30.7 | | 2 Sources (2.1+2.2+2.3+2.4-2.5) | | | | | | | | | | | | | | 2.1 Net Bank Credit to Government | 7165533 | 7223574 | -38559 | -0.5 | 376617 | 5.8 | 58041 | 0.8 | 622242 | 10.0 | 369328 | 5.4 | | | | (7315247) | (-39717) | (-0.5) | | | (149714) | (2.1) | | | (461001) | (6.7) | | 2.1.1 Reserve Bank | 1451126 | 964996 | -33486 | | -234072 | | -486130 | | -51387 | | -251529 | | | 2.1.2 Other Banks | 5714407 | 6258578 | -5074 | -0.1 | 610688 | 12.1 | 544171 | 9.5 | 673629 | 13.6 | 620856 | 11.0 | | | | (6350251) | (-6231) | (-0.1) | | | (635844) | (11.1) | | | (712530) | (12.6) | | 2.2 Bank Credit to Commercial Sector | 14429636 | 16427800 | 75113 | 0.5 | 1571847 | 12.5 | 1998164 | 13.8 | 1838066 | 14.9 | 2239432 | 15.8 | | | | (16964205) | (63197) | (0.4) | | | (2534569) | (17.6) | | | (2775837) | (19.6) | | 2.2.1 Reserve Bank | 26549 | 11121 | 1943 | | -4041 | | -15428 | | 10676 | | -1408 | | | 2.2.2 Other Banks | 14403087 | 16416679 | 73170 | 0.4 | 1575889 | 12.5 | 2013592 | 14.0 | 1827390 | 14.8 | 2240840 | 15.8 | | | | (16953084) | (61254) | (0.4) | | | (2549997) | (17.7) | | | (2777245) | (19.6) | | Note: Figures in parentheses include the impact of merger of a non-bank with a bank. | | 8. Liquidity Operations by RBI | | (₹ Crore) | | Date | Liquidity Adjustment Facility | Standing Liquidity Facilities | OMO (Outright) | Net Injection (+)/ Absorption (-) (1+3+5+7+9-2-4-6-8) | | Repo | Reverse Repo | Variable Rate Repo | Variable Rate Reverse Repo | MSF | SDF | Sale | Purchase | | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | | Mar. 04, 2024 | - | - | - | 44035 | 419 | 118731 | 275 | - | - | -162072 | | Mar. 05, 2024 | - | - | - | 84025 | 823 | 83975 | - | - | - | -167177 | | Mar. 06, 2024 | - | - | - | 100027 | 2906 | 58864 | -487 | - | - | -156472 | | Mar. 07, 2024 | - | - | 50007 | - | 17927 | 83674 | 487 | - | - | -15253 | | Mar. 08, 2024 | - | - | - | - | 22228 | 78202 | - | - | - | -55974 | | Mar. 09, 2024 | - | - | - | - | 9681 | 51908 | - | - | - | -42227 | | Mar. 10, 2024 | - | - | - | - | 10146 | 54540 | - | - | - | -44394 | | SDF: Standing Deposit Facility; MSF: Marginal Standing Facility. | The above information can be accessed on Internet at https://wss.rbi.org.in/ The concepts and methodologies for WSS are available in Handbook on WSS (https://rbi.org.in/scripts/PublicationsView.aspx?id=15762). Time series data are available at https://dbie.rbi.org.in Ajit Prasad Director (Communications) Press Release: 2023-2024/2059 | |