Reserve Bank of India – Press Releases

June 24, 2023

163

1. Reserve Bank of India – Liabilities and Assets*
(₹ Crore)
Item	2022	2023		Variation
	Jun. 17	Jun. 9	Jun. 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	7869	18267	7480	-10787	-389
* Data are provisional.

2. Foreign Exchange Reserves*
Item	As on June 16, 2023		Variation over
	As on June 16, 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	4884306	596098	-11833	2350	130042	17649	272382	5510
1.1 Foreign Currency Assets #	4323489	527651	-6356	2578	134357	17960	209050	770
1.2 Gold	369128	45049	-5031	-324	-2371	-151	52206	4465
1.3 SDRs	149531	18249	-443	62	-1633	-143	7758	94
1.4 Reserve Position in the IMF	42159	5149	-2	34	-310	-17	3367	181
* 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 12, 2023	–	–	–	–	1501	120546	308	–	–	-118737
Jun 13, 2023	–	–	–	29231	1547	96637	3	–	–	-124318
Jun 14, 2023	–	–	–	–	2670	84344	177	–	–	-81497
Jun 15, 2023	–	–	–	–	5598	128184	67	–	–	-122519
Jun 16, 2023	–	–	–	16331	13811	97901	-5	–	–	-100426
Jun 17, 2023	–	–	–	–	335	14943	–	–	–	-14608
Jun 18, 2023	–	–	–	–	61	3587	–	–	–	-3526
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: 2023-2024/454