1. Reserve Bank of India – Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Feb. 3 Jan. 26 Feb. 2 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 20732 12810 22237 9427 1505 * Data are provisional; difference, if any, is due to rounding off.
2. Foreign Exchange Reserves* Item As on February
2, 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 5161947 622469 35877 5736 407683 44020 453361 47203 1.1 Foreign Currency Assets # 4572053 551331 32693 5186 382921 41639 416724 43636 1.2 Gold 398786 48088 4142 608 27286 2888 40451 4307 1.3 SDRs 150849 18190 -825 -58 -315 -202 -928 -354 1.4 Reserve Position in the IMF 40260 4860 -133 0 -2209 -306 -2886 -387 * 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 Jan. 26, 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 20059197 74362 1254115 2015283 1686902 2339769 (19942895) (1898982) (2223467) 2.1a Growth (Per cent) 0.4 7.6 11.2 10.5 13.2 (10.5) (12.5) 2.1.1 Demand 2354985 89585 84001 174554 244510 198238 2.1.2 Time 17704212 -15223 1170114 1840729 1442392 2141531 2.2 Borrowings 811139 -14877 185175 365810 188181 351370 2.3 Other Demand and Time Liabilities 898956 26741 90852 109305 125892 167255 7 Bank Credit 16044693 74768 1446222 2369458 1868559 2707157 (15491457) (1816222) (2153921) 7.1a Growth (Per cent) 0.5 12.2 17.3 16.3 20.3 (13.3) (16.1) 7a.1 Food Credit 45619 1650 -4845 25713 -32224 -4547 7a.2 Non-food credit 15999075 73117 1451067 2343745 1900784 2711704 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.
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 Jan. 26 Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 M3 22343760 24300749 90504 0.4 1401305 6.8 1956989 8.8 1947350 9.8 2405715 11.0 (24417051) (87446) (0.4) (2073291) (9.3) (2522017) (11.5) 1 Components (1.1.+1.2+1.3+1.4) 1.1 Currency with the Public 3276436 3322601 10847 0.3 134031 4.4 46165 1.4 237799 8.1 152881 4.8 1.2 Demand Deposits with Banks 2320598 2497799 89792 3.7 83800 3.8 177201 7.6 246295 12.0 201007 8.8 1.3 Time Deposits with Banks 16668966 18399938 -12080 -0.1 1178097 7.8 1730973 10.4 1452073 9.7 2035237 12.4 (18516240) (-15138) (-0.1) (1847274) (11.1) (2151539) (13.1) 1.4 ‘Other’ Deposits with Reserve Bank 77761 80411 1946 2.5 5377 9.2 2650 3.4 11183 21.2 16590 26.0 2 Sources (2.1+2.2+2.3+2.4-2.5) 2.1 Net Bank Credit to Government 7165533 7118690 -109817 -1.5 179736 2.8 -46843 -0.7 723214 12.2 461325 6.9 (7212177) (-112950) (-1.5) (46644) (0.7) (554812) (8.3) 2.1.1 Reserve Bank 1451126 934359 -81677 -287868 -516766 104023 -228369 2.1.2 Other Banks 5714407 6184330 -28140 -0.5 467603 9.3 469923 8.2 619191 12.7 689694 12.6 (6277818) (-31273) (-0.5) (563411) (9.9) (783182) (14.3) 2.2 Bank Credit to Commercial Sector 14429636 16241089 90999 0.6 1455937 11.5 1811453 12.6 1897553 15.6 2168632 15.4 (16794325) (77695) (0.5) (2364689) (16.4) (2721868) (19.3) 2.2.1 Reserve Bank 26549 5237 10 -5347 -21312 8349 -5986 2.2.2 Other Banks 14403087 16235852 90990 0.6 1461284 11.6 1832765 12.7 1889204 15.5 2174618 15.5 (16789088) (77685) (0.5) (2386001) (16.6) (2727854) (19.4) 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 Jan. 29, 2024 – – 25001 – 26368 48273 – – – 3096 Jan. 30, 2024 – – 25008 – 4189 45291 – – – -16094 Jan. 31, 2024 – – – – 8113 44153 171 – – -35869 Feb. 01, 2024 – – – – 7471 53101 2017 – – -43613 Feb. 02, 2024 – – – 3975 1259 123172 330 – – -125558 Feb. 03, 2024 – – – – 414 119448 – – – -119034 Feb. 04, 2024 – – – – 7 110457 – – – -110450 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: 2023-2024/1843