1. Reserve Bank of India – Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Feb. 17 Feb. 9 Feb. 16 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 12425 20255 13292 -6963 867 * Data are provisional; difference, if any, is due to rounding off.
2. Foreign Exchange Reserves* Item As on February 16, 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 5114732 616097 -10233 -1132 360467 37648 465714 54830 1.1 Foreign Currency Assets # 4530988 545783 -6906 -740 341855 36092 421974 49711 1.2 Gold 393310 47376 -3075 -362 21811 2176 46934 5559 1.3 SDRs 150322 18107 -258 -28 -842 -285 -985 -160 1.4 Reserve Position in the IMF 40111 4831 7 -1 -2357 -335 -2209 -280 * 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. 9, 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 20195386 136234 1308212 2151472 1645392 2421860 (20080931) (2037018) (2307406) 2.1a Growth (Per cent) 0.7 7.9 11.9 10.2 13.6 (11.3) (13.0) 2.1.1 Demand 2319268 -35747 18559 138838 197130 227963 2.1.2 Time 17876117 171980 1289654 2012634 1448262 2193897 2.2 Borrowings 794818 -16009 188605 349489 196117 331620 2.3 Other Demand and Time Liabilities 920154 29240 133444 130503 152584 145863 7 Bank Credit 16147043 103451 1526746 2471808 1856298 2728983 (15598722) (1923487) (2180662) 7.1a Growth (Per cent) 0.6 12.8 18.1 16.1 20.3 (14.1) (16.3) 7a.1 Food Credit 46442 823 -10714 26536 -33684 2146 7a.2 Non-food credit 16100601 102628 1537460 2445271 1889982 2726837 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 Feb. 9 Amount % Amount % Amount % Amount % Amount % 1 2 3 4 5 6 7 8 9 10 11 12 M3 22343760 24471048 169973 0.7 1494272 7.3 2127288 9.5 1901997 9.5 2483047 11.3 (24585503) (168126) (0.7) (2241743) (10.0) (2597501) (11.8) 1 Components (1.1.+1.2+1.3+1.4) 1.1 Currency with the Public 3276436 3350340 27368 0.8 171384 5.6 73904 2.3 231364 7.8 143267 4.5 1.2 Demand Deposits with Banks 2320598 2461890 -35939 -1.4 17898 0.8 141292 6.1 198440 9.8 231001 10.4 1.3 Time Deposits with Banks 16668966 18575093 175229 1.0 1299605 8.6 1906127 11.4 1460948 9.7 2088883 12.7 (18689547) (173382) (0.9) (2020582) (12.1) (2203338) (13.4) 1.4 ‘Other’ Deposits with Reserve Bank 77761 83726 3315 4.1 5386 9.2 5964 7.7 11245 21.4 19896 31.2 2 Sources (2.1+2.2+2.3+2.4-2.5) 2.1 Net Bank Credit to Government 7165533 7262133 145433 2.0 306905 4.7 96600 1.3 626549 10.2 477598 7.0 (7354963) (144775) (2.0) (189431) (2.6) (570429) (8.4) 2.1.1 Reserve Bank 1451126 998481 64122 -233870 -452644 24609 -218245 2.1.2 Other Banks 5714407 6263652 81311 1.3 540775 10.8 549245 9.6 601940 12.1 695844 12.5 (6356482) (80653) (1.3) (642075) (11.2) (788674) (14.2) 2.2 Bank Credit to Commercial Sector 14429636 16352253 112265 0.7 1538644 12.2 1922617 13.3 1885118 15.4 2197089 15.5 (16900574) (107350) (0.6) (2470938) (17.1) (2745410) (19.4) 2.2.1 Reserve Bank 26549 9178 3941 -4720 -17371 9893 -2673 2.2.2 Other Banks 14403087 16343075 108325 0.7 1543364 12.2 1939988 13.5 1875225 15.3 2199762 15.6 (16891396) (103409) (0.6) (2488309) (17.3) (2748082) (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 Feb. 12, 2024 – – 50011 – 18496 49553 – – – 18954 Feb. 13, 2024 – – – – 7294 48061 1386 – – -39381 Feb. 14, 2024 – – 25001 – 6414 53142 – – – -21727 Feb. 15, 2024 – – – – 4251 65264 236 – – -60777 Feb. 16, 2024 – – 75007 – 3226 89783 – – – -11550 Feb. 17, 2024 – – – – 2216 83030 – – – -80814 Feb. 18, 2024 – – – – 2173 71050 – – – -68877 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: 2023-2024/1927