7. Money Stock : Components and Sources - আৰবিআই - Reserve Bank of India
7. Money Stock : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
2003 | Fortnight | Financial year so far | Year-on-year | ||||||||||
2002-2003 | 2003-2004 | 2002 | 2003 | ||||||||||
Item | Mar. 31# | Jun. 27# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
M3 | 17,25,507 | 18,05,959 | 7,047 | 0.4 | 1,11,121 | 7.4 | 80,452 | 4.7 | 2,25,081 | 16.3 | 1,96,483 | 12.2 | |
[16,95,836] | [71,416] | [4.8] | [1,85,376] | [13.4] | |||||||||
Components (i+ii+iii+iv) | |||||||||||||
(i) | Currency with the Public | 2,71,545 | 2,87,877 | –6,359 | –2.2 | 14,490 | 6.0 | 16,333 | 6.0 | 32,926 | 14.8 | 32,593 | 12.8 |
(ii) | Demand deposits with banks | 1,97,152 | 2,08,099 | 6,865 | 3.4 | 3,594 | 2.0 | 10,947 | 5.6 | 11,370 | 6.6 | 25,307 | 13.8 |
(iii) | Time deposits with banks@ | 12,53,568 | 13,05,819 | 5,100 | 0.4 | 92,648 | 8.6 | 52,251 | 4.2 | 1,81,291 | 18.4 | 1,37,658 | 11.8 |
[12,23,897] | [52,943] | [4.9] | [1,41,586] | [14.3] | |||||||||
(iv) | "Other" deposits with Reserve Bank | 3,242 | 4,163 | 1,442 | 53.0 | 389 | 13.6 | 921 | 28.4 | –506 | –13.5 | 925 | 28.6 |
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net Bank credit to Government (a+b) | 6,75,880 | 7,13,060 | 3,162 | 0.4 | 45,290 | 7.7 | 37,180 | 5.5 | 81,424 | 14.7 | 78,205 | 12.3 |
(a) Reserve Bank | 1,20,102 | 1,16,229 | –3,075 | –2.6 | –4,212 | –2.8 | –3,873 | –3.2 | –21,653 | –12.8 | –31,737 | –21.4 | |
(b) Other Banks | 5,55,779 | 5,96,831 | 6,237 | 1.1 | 49,503 | 11.3 | 41,053 | 7.4 | 1,03,077 | 26.9 | 1,09,942 | 22.6 | |
(ii) | Bank credit to commercial sector (a+b) | 9,05,136 | 9,14,492 | 2,164 | 0.2 | 56,100 | 7.4 | 9,356 | 1.0 | 1,31,755 | 19.3 | 98,745 | 12.1 |
(a) Reserve Bank | 3,048 | 2,975 | –52 | –1.7 | –3,010 | –50.8 | –73 | –2.4 | –7,256 | –71.3 | 56 | 1.9 | |
(b) Other Banks | 9,02,088 | 9,11,517 | 2,216 | 0.2 | 59,110 | 7.8 | 9,429 | 1.0 | 1,39,012 | 20.6 | 98,688 | 12.1 | |
(iii) | Net foreign exchange assets of banking sector | 3,93,715 | 4,16,425 | –3,974 | –0.9 | 23,406 | 7.5 | 22,710 | 5.8 | 83,224 | 33.1 | 81,984 | 24.5 |
(iv) | Government's currency liabilities to the public | 7,071 | 7,073 | — | — | 168 | 2.6 | 1 | — | 969 | 17.4 | 538 | 8.2 |
(v) | Banking sector's net non-monetary liabilities | ||||||||||||
other than time deposits | 2,56,296 | 2,45,091 | –5,695 | –2.3 | 13,844 | 8.2 | –11,205 | –4.4 | 72,292 | 65.8 | 62,989 | 34.6 | |
of which : Net non-monetary liabilities of RBI | 1,26,564 | 1,26,722 | –6,862 | –5.1 | 17,548 | 17.3 | 159 | 0.1 | 32,093 | 37.0 | 7,955 | 6.7 | |
@ : Includes Rs.17,945 crore on account of proceeds from Resurgent India Bonds (RIBs), since August 28, 1998 and Rs.25,662 crore on account of proceeds from India |