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India`s forex reserves stand at $ 42.6 billion
India`s foreign currency reserves witnessed a $407 million jump on account of fresh inflows at $45,568 million during the week ended November 2.
India`s foreign currency reserves witnessed a $407 million jump on account of fresh inflows at $45,568 million during the week ended November 2.
The foreign currency assets rose by $394 million at $42,621 million, according to the Reserve Bank of India`s weekly statistical supplement here on Saturday.
While special drawing rights grew by $1 million to $10 million, gold reserves spurted by $12 million at $2,937 million, it said.
The FCA expressed in dollar terms include the effect of appreciation/depreciation of non-US currencies such as euro, sterling and yen held in reserves, it added.
Loans and advances to the Central government increased by Rs 2,941 crore to Rs 6,356 crore while that to state governments fell by Rs 1,035 crore to Rs 5,643 crore, RBI said.
For the fortnight ended October 26, aggregate deposits in case of scheduled commercial banks fell by Rs 1,333 crore (0.1 per cent) to Rs 10,51,139 crore.
Bank credit increased by Rs 7,454 crore (1.4 per cent) to Rs 5,44,335 crore. Food credit was also up by Rs 2,838 crore to Rs 50,763 crore while non-food credit was up by Rs 4,616 crore at Rs 4,93,572 crore. Bureau Report
The foreign currency assets rose by $394 million at $42,621 million, according to the Reserve Bank of India`s weekly statistical supplement here on Saturday.
While special drawing rights grew by $1 million to $10 million, gold reserves spurted by $12 million at $2,937 million, it said.
The FCA expressed in dollar terms include the effect of appreciation/depreciation of non-US currencies such as euro, sterling and yen held in reserves, it added.
Loans and advances to the Central government increased by Rs 2,941 crore to Rs 6,356 crore while that to state governments fell by Rs 1,035 crore to Rs 5,643 crore, RBI said.
For the fortnight ended October 26, aggregate deposits in case of scheduled commercial banks fell by Rs 1,333 crore (0.1 per cent) to Rs 10,51,139 crore.
Bank credit increased by Rs 7,454 crore (1.4 per cent) to Rs 5,44,335 crore. Food credit was also up by Rs 2,838 crore to Rs 50,763 crore while non-food credit was up by Rs 4,616 crore at Rs 4,93,572 crore. Bureau Report