7. Money Stock : Components and Sources - RBI - Reserve Bank of India
7. Money Stock : Components and Sources
|
(Rs. crore) |
||||||||||||
Outstanding as on |
Variation over |
||||||||||||
Financial year so far |
Year-on-year |
||||||||||||
2005 |
Fortnight |
||||||||||||
2004-2005 |
2005-2006 |
2004 |
2005 |
||||||||||
Item |
Mar. 31# |
Apr. 1# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
22,69,156 |
23,15,061 |
47,007 |
2.1 |
44,787 |
2.2 |
45,905 |
2.0 |
2,88,866 |
16.4 |
2,61,745 |
12.7 |
||
M3 |
|||||||||||||
(22,65,587) |
(23,11,492) |
(2,58,176) |
(12.6) |
||||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
3,57,424 |
3,56,111 |
–1,309 |
–0.4 |
–1,232 |
–0.4 |
–1,313 |
–0.4 |
39,523 |
14.4 |
41,936 |
13.3 |
(ii) |
Demand deposits with banks |
2,97,088 |
3,15,502 |
18,414 |
6.2 |
21,203 |
8.2 |
18,414 |
6.2 |
63,796 |
29.6 |
36,286 |
13.0 |
(iii) |
Time deposits with banks @ |
16,08,161 |
16,37,123 |
28,963 |
1.8 |
25,564 |
1.8 |
28,963 |
1.8 |
1,85,000 |
14.6 |
1,81,571 |
12.5 |
(16,04,592) |
(16,33,554) |
(1,78,002) |
(12.2) |
||||||||||
(iv) |
"Other" deposits with Reserve Bank |
6,483 |
6,324 |
939 |
17.4 |
–747 |
–14.6 |
–159 |
–2.5 |
547 |
14.3 |
1,952 |
44.7 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,62,496 |
7,54,978 |
10,308 |
1.4 |
–10,808 |
–1.5 |
–7,518 |
–1.0 |
50,596 |
7.4 |
22,120 |
3.0 |
(7,50,303) |
(7,42,785) |
(9,927) |
(1.4) |
||||||||||
(a) Reserve Bank |
–12,197 |
–27,662 |
2,361 |
–21,628 |
–15,465 |
–82,697 |
–50,941 |
||||||
(b) Other Banks |
7,74,694 |
7,82,640 |
7,947 |
1.0 |
10,821 |
1.5 |
7,947 |
1.0 |
1,33,293 |
23.1 |
73,061 |
10.3 |
|
(ii) |
Bank credit to commercial sector (a+b) |
12,75,027 |
13,25,355 |
50,329 |
3.9 |
32,862 |
3.2 |
50,329 |
3.9 |
1,39,942 |
15.3 |
2,72,019 |
25.8 |
(12,42,345) |
(12,92,673) |
(2,39,337) |
(22.7) |
||||||||||
(a) Reserve Bank |
1,389 |
1,389 |
— |
— |
12 |
0.6 |
— |
— |
–938 |
–31.1 |
–684 |
–33.0 |
|
(b) Other Banks |
12,73,637 |
13,23,966 |
50,329 |
4.0 |
32,850 |
3.2 |
50,329 |
4.0 |
1,40,880 |
15.5 |
2,72,703 |
25.9 |
|
(iii) |
Net foreign exchange assets of banking sector |
6,51,998 |
6,50,646 |
–3,096 |
–0.5 |
2,889 |
0.5 |
–1,352 |
–0.2 |
1,38,318 |
35.4 |
1,21,171 |
22.9 |
(iv) |
Government's currency liabilities to the public |
7,436 |
7,436 |
— |
— |
— |
— |
— |
— |
225 |
3.2 |
141 |
1.9 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
4,27,801 |
4,23,355 |
10,534 |
2.6 |
–19,844 |
–6.9 |
–4,446 |
–1.0 |
40,214 |
17.5 |
1,53,706 |
57.0 |
|
of which : Net non-monetary liabilities of RBI |
1,25,548 |
1,23,209 |
–7,230 |
–5.5 |
2,585 |
2.4 |
–2,339 |
–1.9 |
–11,698 |
–9.6 |
13,039 |
11.8 |
|
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |