Sunday, Dec 15, 2002
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The foreign currency assets also rose substantially by $803 million mainly due to export remittances, fresh inflows and revaluation of the euro vis-a-vis dollar to $64.44 billion, according to the Reserve Bank of India weekly statistical supplement. Foreign exchange reserves since April have grown by $2,368 million. While gold reserves increased by $25 million mainly due to revaluation to $3,303 million, special drawing rights remained static at $7 million, the RBI said. Loans and advances for the week ended December 6 to Central Government rose by Rs. 2,057 crores to Rs. 2,158 crores while that to State Governments increased by Rs. 2,585 crores to Rs. 6,742 crores, the apex bank said. Aggregate deposits for the fortnight ended November 29 rose by Rs. 9,173 crores (0.7 per cent) to Rs. 12,55,142 crores while bank credit rose by Rs. 1,141 crores (0.2 per cent) to Rs. 682,390 crores. Food credit rose marginally by Rs. 142 crores to Rs. 54,346 crores while non-food credit grew by Rs. 999 crores to Rs. 628,043 crores, the apex bank said. PTI
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