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8. Monetary Survey
Date : Jul 17, 2023
(₹ Crore)
Item Outstanding as on March 31/last reporting Fridays of the month/reporting Fridays
2022-23 2022 2023
May 20 Apr. 21 May 05 May 19
1 2 3 4 5
Monetary Aggregates          
NM1 (1.1+1.2.1+1.3) 5674795 5298098 5695957 5752270 5699502
NM2 (NM1 + 1.2.2.1) 13103414 12162728 13265253 13355941 13302318
NM3 (NM2 +1.2.2.2 + 1.4 = 2.1 + 2.2 + 2.3 – 2.4 – 2.5) 22628166 20946600 22975130 23130191 23048311
1 Components          
1.1 Currency with the Public 3276436 3117960 3346545 3366196 3371395
1.2 Aggregate Deposits of Residents 18828640 17381042 19101760 19214905 19155260
1.2.1 Demand Deposits 2320598 2126310 2281104 2317858 2260113
1.2.2 Time Deposits of Residents 16508042 15254732 16820656 16897047 16895146
1.2.2.1 Short-term Time Deposits 7428619 6864629 7569295 7603671 7602816
1.2.2.1.1 Certificates of Deposits (CDs) 304088 190349 302212 289922 297389
1.2.2.2 Long-term Time Deposits 9079423 8390103 9251361 9293376 9292331
1.3 'Other' Deposits with RBI 77761 53828 68309 68215 67994
1.4 Call/Term Funding from Financial Institutions 445329 393770 458516 480874 453662
2 Sources          
2.1 Domestic Credit 22710664 20124298 22864668 22980593 22885698
2.1.1 Net Bank Credit to the Government 7165533 6264553 7165547 7228038 7135938
2.1.1.1 Net RBI credit to the Government 1451126 1196325 1420099 1404199 1284068
2.1.1.2 Credit to the Government by the Banking System 5714407 5068228 5745447 5823839 5851870
2.1.2 Bank Credit to the Commercial Sector 15545132 13859745 15699122 15752555 15749760
2.1.2.1 RBI Credit to the Commercial Sector 26549 38358 21792 22198 5863
2.1.2.2 Credit to the Commercial Sector by the Banking System 15518583 13821387 15677330 15730357 15743897
2.1.2.2.1 Other Investments ( Non-SLR Securities) 1096267 1053085 1070157 1078878 1096528
2.2 Government's Currency Liabilities to the Public 30285 28160 30285 30482 30482
2.3 Net Foreign Exchange Assets of the Banking Sector 4702285 4709367 4739836 4782637 4770954
2.3.1 Net Foreign Exchange Assets of the RBI 4587355 4483433 4629063 4708747 4738559
2.3.2 Net Foreign Currency Assets of the Banking System 114930 225933 110773 73890 32395
2.4 Capital Account 3446793 3255287 3556592 3588525 3760607
2.5 Other items (net) 1368276 659937 1103067 1074995 878215
Note: NM2 and NM3 do not include FCNR (B) deposits.
2.4: Consist of paid-up capital and reserves.
2.5: includes other demand and time liabilities of the banking system.

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