Reserve Bank of India – Press Releases

July 14, 2023

163

1. Reserve Bank of India – Liabilities and Assets*
(₹ Crore)
Item	2022	2023		Variation
	Jul. 8	Jun. 30	Jul. 7	Week	Year
	1	2	3	4	5
4 Loans and Advances
4.1 Central Government	0	0	0	0	0
4.2 State Governments	17624	9835	25446	15611	7822
* Data are provisional.

2. Foreign Exchange Reserves*
Item	As on July 7, 2023		Variation over
	As on July 7, 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	4933658	596280	52056	1229	179393	17831	332955	16027
1.1 Foreign Currency Assets #	4376744	528968	45387	989	187611	19277	268907	10879
1.2 Gold	364561	44060	4976	228	-6939	-1140	53862	4874
1.3 SDRs	150875	18235	1249	-4	-289	-158	8061	223
1.4 Reserve Position in the IMF	41479	5017	444	15	-990	-148	2126	51
* 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. 30, 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	19159901	591944	495858	1115987	1509862	2198730
2.1a Growth (per cent)		3.2	3.0	6.2	9.8	13.0
2.1.1 Demand	2449123	288907	-21425	268692	301152	397801
2.1.2 Time	16710778	303037	517283	847295	1208710	1800928
2.2 Borrowings	475029	-30251	46884	29700	70881	153551
2.3 Other Demand and Time Liabilities	832925	29458	17413	43274	86746	174663
7 Bank Credit*	14391693	368194	491477	716458	1563905	2008901
7.1a Growth (per cent)		2.6	4.1	5.2	14.5	16.2
7a.1 Food Credit	27906	-827	-17594	8001	-45761	-9510
7a.2 Non-food credit	14363787	369021	509071	708457	1609666	2018412
*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. 30	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
M3	22343760	23428425	570012	2.5	546847	2.7	1084665	4.9	1727244	8.9	2387849	11.3
1 Components (1.1.+1.2+1.3+1.4)
1.1 Currency with the Public	3276436	3234403	-35274	-1.1	46406	1.5	-42033	-1.3	207366	7.2	152308	4.9
1.2 Demand Deposits with Banks	2320598	2590448	290495	12.6	-21984	-1.0	269850	11.6	304524	16.1	399440	18.2
1.3 Time Deposits with Banks	16668966	17524894	304861	1.8	521802	3.4	855928	5.1	1205029	8.3	1816488	11.6
1.4 ‘Other’ Deposits with Reserve Bank	77761	78680	9930	14.4	623	1.1	919	1.2	10325	21.2	19613	33.2
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net Bank Credit to Government	7165533	7193043	25414	0.4	-75852	-1.2	27510	0.4	332089	5.5	791265	12.4
2.1.1 Reserve Bank	1451126	1220251	-3072		-307868		-230874		34096		77523
2.1.2 Other Banks	5714407	5972792	28486	0.5	232016	4.6	258385	4.5	297992	6.0	713743	13.6
2.2 Bank Credit to Commercial Sector	14429636	15131378	368530	2.5	514128	4.1	701742	4.9	1597133	13.8	2000730	15.2
2.2.1 Reserve Bank	26549	5383	517		16521		-21166		23459		-27709
2.2.2 Other Banks	14403087	15125995	368012	2.5	497607	3.9	722908	5.0	1573674	13.7	2028439	15.5

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
Jul 3, 2023	–	–	–	63843	964	162473	–	–	–	-225352
Jul 4, 2023	–	–	–	67295	1534	103924	-477	–	–	-170162
Jul 5, 2023	–	–	–	87870	3581	86261	-599	–	–	-171149
Jul 6, 2023	–	–	–	39000	2349	123240	605	–	–	-159286
Jul 7, 2023	–	–	–	106224	2442	78968	-667	–	–	-183417
Jul 8, 2023	–	–	–	–	92	11850	–	–	–	-11758
Jul 9, 2023	–	–	–	–	133	3131	–	–	–	-2998
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: 2023-2024/602