decline in deposit rates announced by various banks from September 7, 2012 as well as the advance tax outflow from the banking system. Following the seasonal pattern, the currency with the public also declined in Q2 of 2012-13. Table IV.2: Monetary Indicators | Item | Outstanding Amount (`billion) October 05, 2012 | FY variations (per cent) | Y-o-Y Variations (per cent) | | | 2011-12 | 2012-13 | October 07, 2011 | October 05, 2012 | 1 | 2 | 3 | 4 | 5 | 6 | Reserve Money (M0)* | 14,627.4 | 0.9 |…
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