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6. Money Stock Measures

(₹ Billion)
Item Outstanding as on March 31/last reporting Fridays of the month/reporting Fridays
2017-18 2017 2018
Sep. 29 Aug. 31 Sep. 14 Sep. 28
1 2 3 4 5
1 Currency with the Public (1.1 + 1.2 + 1.3 – 1.4) 17,597.1 14,970.3 18,468.4 18,701.6 18,429.4
1.1 Notes in Circulation 18,037.0 15,632.5 19,019.4 19,228.5 18,995.5
1.2 Circulation of Rupee Coin 249.1 247.4 249.5 249.5 249.5
1.3 Circulation of Small Coins 7.4 7.4 7.4 7.4 7.4
1.4 Cash on Hand with Banks 696.4 917.0 807.9 783.8 823.1
2 Deposit Money of the Public 15,076.2 13,760.0 13,667.1 13,243.5 14,487.8
2.1 Demand Deposits with Banks 14,837.1 13,503.1 13,420.4 12,959.3 14,232.0
2.2 ‘Other’ Deposits with Reserve Bank 239.1 256.9 246.7 284.2 255.8
3 M1 (1 + 2) 32,673.3 28,730.3 32,135.5 31,945.2 32,917.1
4 Post Office Saving Bank Deposits 1,092.1 981.1 1,206.6 1,206.6 1,206.6
5 M2 (3 + 4) 33,765.4 29,711.4 33,342.1 33,151.7 34,123.7
6 Time Deposits with Banks 106,952.6 103,113.0 110,578.5 110,206.6 111,312.0
7 M3 (3 + 6) 139,625.9 131,843.3 142,714.0 142,151.7 144,229.1
8 Total Post Office Deposits 3,008.1 2,752.4 3,266.8 3,266.8 3,266.8
9 M4 (7 + 8) 142,633.9 134,595.7 145,980.7 145,418.5 147,495.9
Note: For scheduled banks, March-end data pertain to the last reporting Friday.
2.2: Exclude balances held in IMF Account No.1, RBI employees’ provident fund, pension fund, gratuity and superannuation fund.

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