5.1.1 Statistical presentation

Data are disseminated in crore of rupees (1 crore =10 million) on the accounts of the Reserve Bank of India.

Data are disseminated for:

(1) Reserve money (including currency in circulation, bankers' deposits and "other" deposits with the RBI).

(2) Net claims on Central and State Governments. (Local governments are not permitted to borrow.)

(3) Credit to the "commercial sector". (The "commercial" sector comprises the entire non-banking non-government sector which includes both the private sector and the non-banking public enterprises.)

(4) Claims on banks.

(5) Net foreign assets, that is, the gross foreign exchange assets of the RBI, less the foreign liabilities of the RBI (which consist solely of balances in IMF Account No. 1, net of the minimum deposit balance of one quarter of one percent of the quota subscription in rupees). Net foreign assets are defined strictly on a residency basis.

4.1.1 Periodicity

4.1.2 Timeliness

5.1.3 Advance release calendar

An advance release calendar which provides notice of the precise release dates is disseminated on the Reserve Bank of India's Internet website (http://www.rbi.org.in/index.dll/35735?OpenStory?fromdate=04/19/03&todate=04/19/
03&s1secid=0&s2secid=0&secid=10/0/0&archivemode=0) under the heading "Statistics".

5.1.4 Simultaneous release

The data are released simultaneously to all interested parties by publishing the RBI's Weekly Statistical Supplement and by concurrently posting the data on the RBI's Internet website (http://www.rbi.org.in/) under the heading Statistics/Weekly.

0.1.1 Responsibility for collecting, processing, and disseminating statistics

Reserve Bank of India

The data are compiled and disseminated under the terms and conditions of the Reserve Bank of India Act 1934 and the Banking Regulation Act 1949.

- Section 43 of the RBI Act requires the RBI to publish every two weeks a consolidated statement showing the aggregate liabilities and assets of all scheduled banks, based on the returns and information received from banks.

Analytical accounts of the central bank

The data are compiled under the terms and conditions of the Reserve Bank of India Act, 1934. Under the terms of Section 53 (1) of this Act, the RBI furnishes a weekly statement of the accounts of the Issue Department and the Banking Department of the RBI to the Central Government in the form prescribed by the Government, which publishes this information in the Gazette of India.

0.1.2 Data sharing and coordination among data producing agencies

0.1.3 Confidentiality of individual reporters' data

Reserve Bank of India

Under the terms and conditions of the Reserve Bank of India Act 1934 and the Banking Regulation Act 1949:

- Section 45E of the RBI Act requires the RBI to maintain the confidentiality of the data collected from banks.

- Section 28 of the Banking Regulation Act also requires the RBI to respect the confidentiality of the data collected from banks. This information, however, can be published or disclosed in the public interest in a consolidated form or in accordance with the practice and usage customary among bankers or as required by any law.

Analytical accounts of the central bank

0.1.4 Ensuring statistical reporting

Reserve Bank of India

Under the terms and conditions of the Reserve Bank of India Act 1934 and the Banking Regulation Act 1949:

- Section 53 (1) of the RBI Act requires the RBI to provide a weekly statement of accounts of the Issue Department and the Banking Department of the RBI to the Central Government in the form prescribed by the Government, which subsequently publishes the information in the Gazette of India.

0.2.1 Staff, facilities, computing resources, and financing

0.2.2 Ensuring efficient use of resources

0.3.1 Monitoring user requirements

0.4.1 Quality policy

0.4.2 Quality monitoring

1.1.1 Impartiality of statistics

1.1.2 Selection of sources, methodology, and modes of dissemination

1.1.3 Commenting on erroneous interpretation and misuse of statistics

1.2.1 Disclosure of terms and conditions for statistical collection, processing, and dissemination

Reserve Bank of India

The RBI Act 1934 and the Banking Regulation Act 1949 are published in Hindi and English, and copies can be obtained from the Controller of Publications, Government of India, Ministry of Law, Justice and Company Affairs, New Delhi, 110001.

1.3.1 Guidelines for staff behavior

1.2.2 Internal governmental access to statistics prior to release

Reserve Bank of India

1.2.3 Attribution of statistical products

• Data are released by the Reserve Bank through its publications and are also placed on its website.
  
• Detailed analysis is presented in various publications of the Reserve Bank on a periodic basis (see 1.1.3).

4.3.1 Revision schedule

4.3.2 Identification of preliminary and/or revised data

The status of the data is indicated in the various publications.  Provisional data are indicated accordingly.

1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques.

5.2.1 Dissemination of documentation on concepts, scope, classifications, basis of recording, data sources, and statistical techniques

Notes on the methodology are published in the monthly Reserve Bank of India Bulletin. More detailed explanations of the methodology are published from time to time as supplements to the monthly bulletin; these are available from the contact person on request.

4.2.1 Internal consistency

4.2.2 Temporal consistency

• A largely consistent time series has been published in "Handbook of Monetary Economics" (published in February 2006).
  
• The monthly Reserve Bank of India Bulletin publishes detailed time series data on the RBI balance sheet as follows:
  
  (1) weekly data for the reference month and the corresponding weeks of the previous fiscal year;
  (2) monthly data for the four months preceding the reference month; and
  (3) annual data for the first fiscal year of the decade, and for the 3 fiscal years preceding the current fiscal year.
  
• The annual Handbook of Statistics on the Indian Economy publishes time series data on the components and sources of reserve money.

5.1.2 Dissemination media and format