7. Money Stock : Components and Sources - আরবিআই - 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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Item |
Financial year so far |
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1999 |
Fortnight |
1998-99 |
1999-2000 |
Year |
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Mar. 31# |
May 21# |
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 |
9,74,328 |
10,00,657 |
1,671 |
0.2 |
21,966 |
2.7 |
26,329 |
2.7 |
1,51,482 |
17.8 |
|
Components (i+ii+iii+iv) |
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(i) |
Currency with the Public |
1,70,119 |
1,85,329 |
-340 |
-0.2 |
13,483 |
9.2 |
15,210 |
8.9 |
25,842 |
16.2 |
(ii) |
Demand deposits with banks |
1,30,267 |
1,25,518 |
133 |
0.1 |
-6,066 |
-5.1 |
-4,749 |
-3.6 |
13,648 |
12.2 |
(iii) |
Time deposits with banks |
6,70,130 |
6,86,788@ |
1,921 |
0.3 |
15,613 |
2.8 |
16,658 |
2.5 |
1,11,447 |
19.4 |
(iv) |
"Other" deposits with Reserve Bank |
3,812 |
3,022 |
-43 |
-1.4 |
-1,063 |
-30.0 |
-790 |
-20.7 |
545 |
22.0 |
Sources (i+ii+iii+iv-v) |
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(i) |
Net bank credit to Government (a+b) |
3,86,672 |
4,04,847 |
-687 |
-0.2 |
17,598 |
5.3 |
18,175 |
4.7 |
56,657 |
16.3 |
(a) Reserve Bank |
1,52,539 |
1,55,179 |
-2,924 |
-1.8 |
6,952 |
5.1 |
2,640 |
1.7 |
13,067 |
9.2 |
|
(b) Other Banks |
2,34,133 |
2,49,668 |
2,238 |
0.9 |
10,646 |
5.4 |
15,535 |
6.6 |
43,591 |
21.2 |
|
(ii) |
Bank credit to commercial sector (a+b) |
4,86,942 |
4,88,564 |
-2,771 |
-0.6 |
-2,538 |
-0.6 |
1,622 |
0.3 |
58,365 |
13.6 |
(a) Reserve Bank |
12,226 |
10,200 |
-2,296 |
-18.4 |
182 |
2.2 |
-2,025 |
-16.6 |
1,833 |
21.9 |
|
(b) Other Banks |
4,74,717 |
4,78,364 |
-475 |
-0.1 |
-2,720 |
-0.6 |
3,647 |
0.8 |
56,531 |
13.4 |
|
(iii) |
Net foreign exchange assets of banking sector |
1,48,633 |
1,53,652 |
2,154 |
1.4 |
475 |
0.4 |
5,019 |
3.4 |
26,608 |
20.9 |
(iv) |
Government's currency liabilities to the public |
3,705 |
3,705 |
|
|
85 |
2.5 |
|
|
267 |
7.8 |
(v) |
Banking sector's net non-monetary |
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liabilities other than time deposits |
51,624 |
50,110 |
-2,976 |
-5.6 |
-6,347 |
-9.6 |
-1,514 |
-2.9 |
-9,586 |
-16.1 |
|
of which : Net non-monetary liabilities of R.B.I. |
60,464 |
61,469 |
-176 |
-0.3 |
5,889 |
13.6 |
1,004 |
1.7 |
12,297 |
25.0 |
|
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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 col umn 11 would work out to be 15.7 per cent. |