Reserve Bank of India – Press Releases

March 4, 2023

148

1. Reserve Bank of India – Liabilities and Assets*
(₹ Crore)
Item	2022	2023		Variation
	Feb. 25	Feb. 17	Feb. 24	Week	Year
	1	2	3	4	5
4 Loans and Advances
4.1 Central Government	–	–	–	–	–
4.2 State Governments	186	12425	9515	-2910	9329
* Data are provisional.

2. Foreign Exchange Reserves*
Item	As on February 24, 2023		Variation over
	As on February 24, 2023		Week		End-March 2022		Year
	₹ Cr.	US$ Mn.	₹ Cr.	US$ Mn.	₹ Cr.	US$ Mn.	₹ Cr.	US$ Mn.
	1	2	3	4	5	6	7	8
1 Total Reserves	4641716	560942	-7302	-325	42897	-46368	-114010	-70585
1.1 Foreign Currency Assets #	4103554	495906	-5460	-166	8989	-44818	-149939	-68927
1.2 Gold	345484	41751	-893	-66	23270	-800	25683	-716
1.3 SDRs	150492	18187	-815	-80	7440	-705	7110	-853
1.4 Reserve Position in the IMF	42186	5098	-134	-12	3198	-45	3135	-89
* 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 Currency swap arrangements.

4. Scheduled Commercial Banks – Business in India
(₹ Crore)
Item	Outstanding as on Feb. 10, 2023	Variation over
		Fortnight	Financial year so far		Year-on-year
		Fortnight	2021-22	2022-23	2022	2023
	1	2	3	4	5	6
2 Liabilities to Others
2.1 Aggregate Deposits	17773801	54373	1014621	1308488	1346788	1645668
2.1a Growth (per cent)		0.3	6.7	7.9	9.1	10.2
2.1.1 Demand	2091828	-64920	32983	19081	263177	197652
2.1.2 Time	15681973	119292	981638	1289407	1083611	1448015
2.2 Borrowings	463282	3513	23057	188688	23598	196200
2.3 Other Demand and Time Liabilities	774595	42895	-34900	133747	2598	152888
7 Bank Credit*	13417468	79932	714475	1526154	960784	1855705
7.1a Growth (per cent)		0.6	6.6	12.8	9.1	16.1
7a.1 Food Credit	44296	-5869	16726	-10714	2693	-33684
7a.2 Non-food credit	13373172	85801	697749	1536868	958091	1889389
*Bank credit growth and related variations from December 3, 2021 to November 18, 2022 are adjusted for past reporting errors by select scheduled commercial banks (SCBs).

6. Money Stock: Components and Sources
(₹ Crore)
Item	Outstanding as on		Variation over
	2022	2023	Fortnight		Financial Year so far				Year-on-Year
	2022	2023	Fortnight		2021-22		2022-23		2022		2023
	Mar. 31	Feb. 10	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
M3	20493729	21988277	93243	0.4	1241427	6.6	1494548	7.3	1665902	9.0	1902273	9.5
1 Components (1.1.+1.2+1.3+1.4)
1.1 Currency with the Public	3035689	3207073	37353	1.2	223880	8.1	171384	5.6	230206	8.4	231364	7.8
1.2 Demand Deposits with Banks	2212992	2231412	-65380	-2.8	37329	1.9	18420	0.8	279364	15.9	198962	9.8
1.3 Time Deposits with Banks	15186605	16485963	121262	0.7	974984	6.9	1299359	8.6	1147032	8.3	1460701	9.7
1.4 ‘Other’ Deposits with Reserve Bank	58444	63830	9	0	5234	11.1	5386	9.2	9301	21.5	11245	21.4
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net Bank Credit to Government	6477629	6784046	126681	1.9	307612	5.3	306417	4.7	305790	5.2	626061	10.2
2.1.1 Reserve Bank	1450596	1216727	53998	4.6	92432		-233870		52480		24609
2.1.2 Other Banks	5027033	5567320	72683	1.3	215179	4.5	540287	10.7	253310	5.4	601452	12.1
2.2 Bank Credit to Commercial Sector	12616520	14154572	82114	0.6	601580	5.2	1538051	12.2	1011212	8.9	1884525	15.4
2.2.1 Reserve Bank	16571	11850	627		-6752		-4720		-6458		9893
2.2.2 Other Banks	12599950	14142721	81487	0.6	608332	5.2	1542771	12.2	1017670	9.0	1874632	15.3

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	Standing Liquidity Facilities	Sale	Purchase	Net Injection (+)/ Absorption (-) (1+3+5+7+9-2-4-6-8)
	1	2	3	4	5	6	7	8	9	10
Feb. 20, 2023	–	–	–	–	3650	108858	500	–	–	-104708
Feb. 21, 2023	–	–	–	–	983	76053	511	–	–	-74559
Feb. 22, 2023	–	–	–	–	817	98744	–	–	–	-97927
Feb. 23, 2023	–	–	–	–	741	117490	–500	–	–	-117249
Feb. 24, 2023	–	–	–	12752	15233	84681	477	–	–	-81723
Feb. 25, 2023	–	–	–	–	578	7052	–	–	–	-6474
Feb. 26, 2023	–	–	–	–	9	2841	–	–	–	-2832
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: 2022-2023/1823