Reserve Bank of India – Press Releases

May 20, 2023

289

1. Reserve Bank of India – Liabilities and Assets*
(₹ Crore)
Item	2022	2023		Variation
	May 13	May 5	May 12	Week	Year
	1	2	3	4	5
4 Loans and Advances
4.1 Central Government	0	0	0	0	0
4.2 State Governments	13873	15455	12451	-3004	-1422
* Data are provisional.

2. Foreign Exchange Reserves*
Item	As on May 12, 2023		Variation over
	As on May 12, 2023		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	4926121	599529	50385	3553	171857	21080	329736	6250
1.1 Foreign Currency Assets #	4351530	529598	48065	3577	162398	19907	248798	45
1.2 Gold	380870	46353	1956	38	9371	1153	66552	5783
1.3 SDRs	151290	18413	371	-35	126	20	10253	208
1.4 Reserve Position in the IMF	42431	5164	-8	-28	-37	-1	4133	213
* 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 May 5, 2023	Variation over
		Fortnight	Financial year so far		Year-on-year
		Fortnight	2022-23	2023-24	2022	2023
	1	2	3	4	5	6
2 Liabilities to Others
2.1 Aggregate Deposits	18435082	123278	230548	391168	1478893	1739221
2.1a Growth (per cent)		0.7	1.4	2.2	9.7	10.4
2.1.1 Demand	2177922	39566	-55252	-2509	297705	160427
2.1.2 Time	16257160	83712	285800	393677	1181188	1578794
2.2 Borrowings	480874	22358	9132	35545	44838	197148
2.3 Other Demand and Time Liabilities	829901	89018	-8433	40250	54337	197486
7 Bank Credit*	13904993	45598	149405	229757	1274646	1864273
7.1a Growth (per cent)		0.3	1.3	1.7	11.8	15.5
7a.1 Food Credit	33185	11893	477	13279	-29607	-22302
7a.2 Non-food credit	13871808	33706	148928	216478	1304253	1886576
*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
	2023		Fortnight		Financial Year so far				Year-on-Year
	2023		Fortnight		2022-23		2023-24		2022		2023
	Mar. 24	May 5	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
M3	22333227	22822674	139421	0.6	317737	1.6	489447	2.2	1771398	9.3	2011208	9.7
1 Components (1.1.+1.2+1.3+1.4)
1.1 Currency with the Public	3278334	3366188	19642	0.6	86481	2.8	87854	2.7	283986	10.0	244017	7.8
1.2 Demand Deposits with Banks	2320598	2317904	36800	1.6	-54480	-2.5	-2694	–0.1	303390	16.4	159392	7.4
1.3 Time Deposits with Banks	16668966	17070367	83071	0.5	288208	1.9	401402	2.4	1176945	8.2	1595555	10.3
1.4 ‘Other’ Deposits with Reserve Bank	65330	68215	-93	-0.1	-2472	-4.2	2885	4.4	7076	14.5	12244	21.9
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net Bank Credit to Government	6916058	7228346	62800	0.9	-76758	-1.2	312288	4.5	389495	6.5	827475	12.9
2.1.1 Reserve Bank	1201651	1404199	-15901		-180321		202548		116874		133923
2.1.2 Other Banks	5714407	5824148	78700	1.4	103563	2.1	109741	1.9	272621	5.6	693552	13.5
2.2 Bank Credit to Commercial Sector	14423483	14660777	49248	0.3	146851	1.2	237293	1.6	1278935	11.1	1897405	14.9
2.2.1 Reserve Bank	20396	22198	406		-8796		1802		1798		14423
2.2.2 Other Banks	14403087	14638579	48842	0.3	155647	1.2	235492	1.6	1277137	11.1	1882982	14.8

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
May 8, 2023	–	–	–	–	40973	84385	–3150	–	–	-46562
May 9, 2023	–	–	–	–	31193	81013	–5250	–	–	-55070
May 10, 2023	–	–	–	–	21873	84755	–7500	–	–	-70382
May 11, 2023	–	–	–	–	13344	75012	–	–	–	-61668
May 12, 2023	–	–	–	–	8708	63206	–	–	–	-54498
May 13, 2023	–	–	–	–	59	4964	–	–	–	-4905
May 14, 2023	–	–	–	–	10	4014	–	–	–	-4004
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: 2023-2024/254