OREANDA-NEWS. August 26, 2011. 1. Reserve Bank of India - Liabilities and Assets

 ( crore)

Item

2010

2011

Variation

Aug. 20

Aug. 12

Aug. 19 #

Week

Year

 

1

2

3

4

5

Loans and advances

 

 

 

 

 

Central Government

—

15,915

26,204

10,289

26,204

State Governments

197

225

560

335

363

2. Foreign Exchange Reserves

Item

 

 

Variation over

 

As on Aug. 19, 2011

Week

End-March 2011

End-December

Year

 

 

 

 

 

 

 

2010

 

 

 

 

USD

 

USD

 

USD

 

USD

 

USD

 

Crore

Mn.

Crore

Mn.

Crore

Mn.

Crore

Mn.

Crore

Mn.

 

1

2

3

4

5

6

7

8

9

10

Total Reserves

14,47,725

318,220

14,353

1,615

86,711

13,402

1,15,371

20,886

1,31,841

35,671

(a) Foreign Currency Assets +

13,01,030

285,251

14,032

1,584*

76,147

10,921

1,00,953

17,437

1,06,863

28,882

(b) Gold USD

1,11,940

25,349

—

—

9,368

2,377

11,254

2,879

22,376

6,071

(c) SDRs @

21,131

4,633

195

19

730

64

-1,622

-445

-2,026

-338

(d) Reserve position in the IMF**

13,624

2,987

126

12

466

40

4,786

1,015

4,628

1,056

+ : Excludes  1,140 crore /USD  250 million invested in foreign currency denominated bonds issued by IIFC (UK). * : Foreign currency assets expressed in US dollar terms include the effect of appreciation/depreciation of non-US currencies (such as

Euro, Sterling, Yen) held inreserves. For details, please refer to the Current Statistics section of the RBI Bulletin. ** : Reserve Position in the International Monetary Fund (IMF), i.e., Reserve Tranche Position (RTP) which was shown as a memo item from May 23, 2003 to March 26,2004 has been included in the reserves from the week ended April 2, 2004 in keeping with the international best practice.

@ : Includes SDR 3,082.5 million (equivalent to USD  4,883 million) allocated under general allocation and SDR 214.6 million (equivalent to

USD  340 million) allocatedunder special allocation by IMF done on August 28, 2009 and September 9, 2009, respectively. USD  : Includes  31,463 crore (USD 6,699 million) reflecting the purchase of 200 metric tonnes of gold from IMF on November 3, 2009.

3. Scheduled Commercial Banks - Business in India

crore)

Item

Outstanding as on Aug. 12, 2011#

Variation over

Fortnight

Financial year so far

Year-on-year

2010-2011

2011-2012

2010

2011

 

1

2

3

4

5

6

Liabilities to Others

 

 

 

 

 

 

 

Aggregate deposits

54,91,450

10,318

1,46,221

2,83,481

5,80,978

8,52,403

 

 

 

(0.2)

(3.3)

(5.4)

(14.3)

(18.4)

 

Demand

5,46,281

-20,595

-53,973

-95,424

59,319

-45,356

 

Time

49,45,169

30,912

2,00,194

3,78,905

5,21,659

8,97,759

Bank Credit

40,48,457

43,091

1,22,677

1,06,374

5,66,961

6,80,992

 

 

 

(1.1)

(3.8)

(2.7)

(20.2)

(20.2)

 

Food Credit

72,448

1,996

-1,562

8,165

-1,943

25,520

 

Non-Food credit

39,76,009

41,095

1,24,239

98,209

5,68,904

6,55,471

5. Accommodation Provided by Scheduled Commercial Banks to Commercial Sector in the form of Bank Credit and Investments in Shares/Debentures/Bonds/Commercial Paper etc.

crore)

Item

2011 - 2012

2010 - 2011

 

Outstanding as on

Variation

Outstanding as on

Variation

 

2011

(2) - (1)

2010

(5) - (4)

 

Mar. 25

Aug. 12

 

Mar. 26

Aug. 13

 

 

1

2

3

4

5

6

3. Total (1B+ 2)

40,25,401

41,23,014

97,613

33,14,370

34,61,970

1,47,600

Note : Data on investments are based on Statutory Section 42(2) Returns.

7. Money Stock: Components and Sources

crore)

Item

Outstanding as on

Variation over

Fortnight

Financial year so far

Year-on-year

2011

2010-2011

2011-2012

2010

2011

Mar. 31#

Aug. 12 #

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

 

1

2

3

4

5

6

7

8

9

10

11

12

Ms

64,99,548

68,23,852

25,744

0.4

2,16,534

3.9

3,24,304

5.0

7,71,818

15.3

10,04,586

17.3

Components (i+ii+iii+iv)

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Currency with the Public

9,14,197

9,50,840

15,447

1.7

59,250

7.7

36,643

4.0

1,40,716

20.5

1,24,098

15.0

(ii)

Demand deposits with banks

7,17,660

6,22,541

-20,552

-3.2

-54,281

-7.6

-95,118

-13.3

73,198

12.4

-41,147

-6.2

(iii)

Time deposits with banks

48,63,979

52,48,463

31,140

0.6

2,11,180

5.1

3,84,484

7.9

5,58,478

14.8

9,23,852

21.4

(iv)

"Other"" deposits with Reserve Bank

3,713

2,008

-291

-12.7

385

10.0

-1,705

-45.9

-574

-12.0

-2,216

-52.5

Sources (i+ii+iii+iv-v)

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Net Bank credit to Government (a+b)

19,82,771

21,36,489

2,709

0.1

74,567

4.5

1,53,718

7.8

3,35,198

23.8

3,92,736

22.5

 

(a) Reserve Bank

3,96,555

3,70,087

-2,047

 

-2,463

 

-26,468

 

2,02,713

 

1,60,964

 

 

(b) Other Banks

15,86,216

17,66,402

4,756

0.3

77,030

5.3

1,80,186

11.4

1,32,485

9.4

2,31,772

15.1

(ii)

Bank credit to commercial sector (a+b)

42,35,406

43,39,320

42,654

1.0

1,38,260

4.0

1,03,914

2.5

5,88,402

19.3

7,09,651

19.6

 

(a) Reserve Bank

2,164

1,711

-89

—

-3

—

-453

—

-9,033

—

385

—

 

(b) Other Banks

42,33,242

43,37,609

42,742

1.0

1,38,263

4.0

1,04,367

2.5

5,97,436

19.7

7,09,266

19.5

22. Secondary Market Transactions in Government Securities (Face Value)@

(Amount in  crore)

Item

For the Week Ended Aug. 12, 2011

For the Week Ended Aug. 19, 2011

Amount

YTM (%PA) Indicative**

Amount

YTM (% PA) Indicative**

Minimum

Maximum

Minimum

Maximum

 

1

2

3

4

5

6

II.

RBI*

: Sales

22

 

 

169

 

 

 

 

: Purchase

22

 

 

170+

 

 

@ : As reported in Subsidiary General Ledger Accounts at RBI, including 'When Issued' transactions. RBI's sales and purchases include transactions in other offices also.

Minimum and maximum YTMs (% PA) indicative have been given excluding transactions of Non-standard lot size (Less than  5 crore). Includes purchase of Oil Marketing Companies Government of India Special Bonds (Oil bonds) of  NIL (face value) under Special Market Operation (SMO). Provisional Nil / Negligible