7. Money Stock : Components and Sources - আৰবিআই - Reserve Bank of India
7. Money Stock : Components and Sources
(Rs. crore) |
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Outstanding |
Variation over |
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as on |
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|
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Item |
Financial year so far |
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1998 |
1999 |
Fortnight |
1997-98 |
1998-99 # |
Year |
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|
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Mar. 31# |
Feb. 12# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
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|
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
|
|
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M3 |
8,25,389 |
9,44,123 |
6,642 |
0.7 |
87,486 |
12.5 |
1,18,733 |
14.4 |
1,54,789 |
19.6 |
|
Components (i+ii+iii+iv) |
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(i) |
Currency with the Public |
1,45,182 |
1,70,204 |
5,158 |
3.1 |
15,288 |
11.6 |
25,021 |
17.2 |
22,829 |
15.5 |
(ii) |
Demand deposits with banks |
1,18,435 |
1,17,191 |
-860 |
-0.7 |
-2,918 |
-2.8 |
-1,245 |
-1.1 |
14,775 |
14.4 |
(iii) |
Time deposits with banks |
5,58,167 |
6,53,633 @ |
2,381 |
0.4 |
75,345 |
16.3 |
95,466 |
17.1 |
1,17,055 |
21.8 |
(iv) |
"Other" deposits with Reserve Bank |
3,604 |
3,095 |
-37 |
-229 |
-509 |
130 |
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Sources (i+ii+iii+iv-v) |
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(i) |
Net bank credit to Government (a+b) |
3,30,619 |
3,86,672 |
3,984 |
1.0 |
29,125 |
10.1 |
56,053 |
17.0 |
68,927 |
21.7 |
(a) Reserve Bank |
1,35,160 |
1,57,068 |
5,272 |
3,554 |
21,908 |
29,333 |
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(b) Other Banks |
1,95,460 |
2,29,604 |
-1,288 |
25,571 |
34,144 |
39,594 |
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(ii) |
Bank credit to commercial sector (a+b) |
4,32,190 |
4,63,663 |
1,220 |
0.3 |
38,458 |
10.2 |
31,473 |
7.3 |
48,898 |
11.8 |
(a) Reserve Bank |
8,186 |
9,497 |
1,096 |
1,675 |
1,311 |
1,575 |
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(b) Other Banks |
4,24,004 |
4,54,166 |
124 |
36,783 |
30,162 |
47,323 |
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(iii) |
Net foreign exchange assets of banking sector1,26,569 |
1,40,911 |
926 |
0.7 |
11,631 |
11.0 |
14,341 |
11.3 |
23,784 |
20.3 |
|
(iv) |
Government's currency liabilities to the public |
3,120 |
3,561 |
|
312 |
441 |
331 |
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(v) |
Banking sector's net non-monetary liabilities |
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other than time deposits |
67,110 |
50,684 |
-512 |
-7,961 |
-16,425 |
-12,849 |
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of which : Net non-monetary liabilities of R.B.I. |
43,219 |
60,708 |
-71 |
6,875 |
17,490 |
18,649 |
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@ :Includes Rs. 17,945 crore on account of proceeds from Resurgent India Bonds (RIBs). Excluding these proceeds, the year-on-year M3 growth rate in column 11 would work out to be 17.3 per cent. |