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