Reserve Bank of India – Press Releases

July 7, 2023

202

1. Reserve Bank of India – Liabilities and Assets*
(₹ Crore)
Item	2022	2023		Variation
	Jul. 1	Jun. 23	Jun. 30	Week	Year
	1	2	3	4	5
4 Loans and Advances
4.1 Central Government	0	0	0	0	0
4.2 State Governments	12424	12339	9835	-2504	-2589
* Data are provisional.

2. Foreign Exchange Reserves*
Item	As on June 30, 2023		Variation over
	As on June 30, 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	4881602	595051	15161	1853	127337	16602	237897	6737
1.1 Foreign Currency Assets #	4331357	527979	20793	2539	142224	18287	189496	3234
1.2 Gold	359585	43832	-3874	-472	-11914	-1368	40530	3410
1.3 SDRs	149626	18239	-782	-95	-1538	-153	6496	105
1.4 Reserve Position in the IMF	41035	5002	-975	-118	-1434	-164	1375	-13
* 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. 16, 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	18567900	-135535	104004	523986	1270777	1998583
2.1a Growth (per cent)		-0.7	0.6	2.9	8.3	12.1
2.1.1 Demand	2159510	-24053	-126449	-20920	194559	213213
2.1.2 Time	16408390	-111482	230453	544906	1076219	1785370
2.2 Borrowings	505260	22686	96747	59931	122262	133918
2.3 Other Demand and Time Liabilities	805193	-12198	25925	15542	91348	138420
7 Bank Credit*	14023487	13792	259039	348251	1413771	1873133
7.1a Growth (per cent)		0.1	2.2	2.5	13.2	15.4
7a.1 Food Credit	28733	-8021	-11452	8827	-43353	-14826
7a.2 Non-food credit	13994754	21812	270491	339424	1457124	1887959
*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. 16	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
M3	22343760	22858326	-150324	-0.7	170088	0.8	514565	2.3	1494252	7.8	2194509	10.6
1 Components (1.1.+1.2+1.3+1.4)
1.1 Currency with the Public	3276436	3269646	-13135	-0.4	68462	2.3	-6790	-0.2	216891	7.5	165495	5.3
1.2 Demand Deposits with Banks	2320598	2299247	-24489	-1.1	-125651	-5.7	-21351	-0.9	199889	10.6	211906	10.2
1.3 Time Deposits with Banks	16668966	17220682	-112283	-0.6	231366	1.5	551716	3.3	1073312	7.5	1802711	11.7
1.4 ‘Other’ Deposits with Reserve Bank	77761	68751	-418	-0.6	-4089	-7.0	-9010	-11.6	4160	8.3	14396	26.5
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net Bank Credit to Government	7165533	7166975	-147606	-2.0	-214570	-3.3	1442	0.0	341567	5.8	903916	14.4
2.1.1 Reserve Bank	1451126	1223323	-183186		-368791		-227802		32284		141518
2.1.2 Other Banks	5714407	5943652	35580	0.6	154221	3.1	229245	4.0	309283	6.3	762398	14.7
2.2 Bank Credit to Commercial Sector	14429636	14762836	15254	0.1	275514	2.2	333200	2.3	1444509	12.6	1870802	14.5
2.2.1 Reserve Bank	26549	4865	1114		12510		-21684		23332		-24216
2.2.2 Other Banks	14403087	14757971	14141	0.1	263004	2.1	354884	2.5	1421177	12.4	1895017	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 26, 2023	–	–	–	–	34684	75745	150	–	–	-40911
Jun 27, 2023	–	–	–	–	48323	79088	–	–	–	-30765
Jun 28, 2023	–	–	–	–	71050	97971	–	–	–	-26921
Jun 29, 2023	–	–	–	–	14471	21790	–	–	–	-7319
Jun 30, 2023	–	–	–	11789	31256	160761	–	–	–	-141294
Jul 1, 2023	–	–	–	–	3437	33944	–	–	–	-30507
Jul 2, 2023	–	–	–	–	1085	12858	–	–	–	-11773
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: 2023-2024/565