Reserve Bank of India – Press Releases

June 17, 2023

175

1. Reserve Bank of India – Liabilities and Assets*
(₹ Crore)
Item	2022	2023		Variation
	Jun. 10	Jun. 2	Jun. 9	Week	Year
	1	2	3	4	5
4 Loans and Advances
4.1 Central Government	0	0	0	0	0
4.2 State Governments	5404	16049	18267	2219	12863
* Data are provisional.

2. Foreign Exchange Reserves*
Item	As on June 9, 2023		Variation over
	As on June 9, 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	4896139	593749	-1149	-1318	141875	15299	251541	-2710
1.1 Foreign Currency Assets #	4329845	525073	-684	-1128	140713	15382	185268	-7171
1.2 Gold	374159	45374	-766	-183	2660	173	56124	4532
1.3 SDRs	149974	18187	310	2	-1190	-205	6791	-200
1.4 Reserve Position in the IMF	42160	5115	-10	-8	-308	-50	3359	130
* 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 Jun. 2, 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	18702539	326227	268325	658625	1420486	1968901
2.1a Growth (per cent)		1.8	1.6	3.7	9.3	11.8
2.1.1 Demand	2181960	60968	-88505	1529	253966	197718
2.1.2 Time	16520579	265259	356830	657096	1166520	1771183
2.2 Borrowings	482517	28928	103384	37188	135504	104539
2.3 Other Demand and Time Liabilities	819364	22645	23308	29713	74333	155208
7 Bank Credit*	14008597	114628	251806	333362	1404449	1865477
7.1a Growth (per cent)		0.8	2.1	2.4	13.1	15.4
7a.1 Food Credit	36753	404	-6383	16847	-41348	-11875
7a.2 Non-food credit	13971844	114224	258189	316514	1445797	1877351
*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. 31	Jun. 2	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
M3	22343760	23013127	248214	1.1	326170	1.6	669367	3.0	1645489	8.6	2193228	10.5
1 Components (1.1.+1.2+1.3+1.4)
1.1 Currency with the Public	3276436	3288153	-83242	-2.5	60085	2.0	11718	0.4	218688	7.6	192379	6.2
1.2 Demand Deposits with Banks	2320598	2322133	62020	2.7	-88061	-4.0	1535	0.1	258588	13.9	197201	9.3
1.3 Time Deposits with Banks	16668966	17333672	268262	1.6	358170	2.4	664707	4.0	1163675	8.1	1788898	11.5
1.4 ‘Other’ Deposits with Reserve Bank	77761	69168	1174	1.7	-4025	-6.9	-8593	-11.1	4538	9.1	14749	27.1
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net Bank Credit to Government	7165533	7314578	178640	2.5	-140348	-2.2	149045	2.1	311942	5.2	977296	15.4
2.1.1 Reserve Bank	1451126	1406509	122441		-257766		-44617		84509		213679
2.1.2 Other Banks	5714407	5908069	56199	1.0	117419	2.3	193662	3.4	227433	4.6	763618	14.8
2.2 Bank Credit to Commercial Sector	14429636	14746484	113412	0.8	262555	2.1	316848	2.2	1330533	11.6	1867409	14.5
2.2.1 Reserve Bank	26549	3752	-2112		4042		-22797		18649		-16861
2.2.2 Other Banks	14403087	14742733	115524	0.8	258513	2.1	339645	2.4	1316693	11.5	1884270	14.7

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
Jun. 5, 2023	–	–	–	66640	1378	123599	–	–	–	-188861
Jun. 6, 2023	–	–	–	32375	3821	78314	–	–	–	-106868
Jun. 7, 2023	–	–	–	1850	1607	79521	–	–	–	-79764
Jun. 8, 2023	–	–	–	–	2451	65240	–	–	–	-62789
Jun. 9, 2023	–	–	–	5780	806	127085	604	–	–	-131455
Jun. 10, 2023	–	–	–	–	11	10501	–	–	–	-10490
Jun. 11, 2023	–	–	–	–	23	2952	–	–	–	-2929
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: 2023-2024/421