The
decline in earnings from domestic sources has resulted in a
marginal dip in the total income of the Reserve Bank of India
(RBI) by Rs 112.10 crore during 2000-2001 (July-June).
An
inter-quarter analysis of select liabilities and assets of scheduled
commercial banks during 2000-01 in relation to 1999-2000 and
during the first quarter of 2001-02 as against the corresponding
quarter of 2000-01 shows interesting developments.
The
increase in external debt to GDP ratio declined to 21.4 per
cent as on end-March 2001 from 21.9 per cent at the end of the
preceding fiscal despite an increase in external debt.
BROAD
money (M3) growth rate at 4.8 per cent, during the first quarter
of 2001-02, was up a tad when compared to 4.7 per cent during
the corresponding period of the preceding year.
