Money Stock : Components and Sources (July 26, 2024)

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Date: July 26, 2024

(₹ Crore)
Item	Outstanding as on		Variation over
	2024		Fortnight		Financial Year so far				Year-on-Year
	2024		Fortnight		2023-24		2024-25		2023		2024
	Mar. 31	Jul. 12	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
M3	24831384	25613962	-87877	-0.3	799926	3.6	782578	3.2	2232790	10.7	2470276	10.7
	(24939627)	(25700669)	(-90567)	(-0.4)			(761043)	(3.1)			(2402988)	(10.3)
1 Components (1.1.+1.2+1.3+1.4)
1.1 Currency with the Public	3410042	3468429	22568	0.7	-39764	-1.2	58387	1.7	131537	4.2	231758	7.2
1.2 Demand Deposits with Banks	2586888	2534238	-211999	-7.7	910	0	-52650	-2	226427	10.8	212730	9.2
1.3 Time Deposits with Banks	18739918	19519324	105349	0.5	841923	5.1	779406	4.2	1857400	11.9	2008435	11.5
	(18848160)	(19606031)	(102659)	(0.5)			(757871)	(4)			(1941148)	(11)
1.4 ‘Other’ Deposits with Reserve Bank	94536	91971	-3795	-4	-3143	-4	-2565	-2.7	17426	30.5	17352	23.3
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net Bank Credit to Government	7512016	7637898	213757	2.9	84705	1.2	125882	1.7	829915	12.9	387660	5.3
	(7603571)	(7703246)	(213761)	(2.9)			(99675)	(1.3)			(340540)	(4.6)
2.1.1 Reserve Bank	1193213	1081536	55395		-206212		-111676		113978		-163378
2.1.2 Other Banks	6318803	6556362	158362	2.5	290917	5.1	237559	3.8	715938	13.5	551038	9.2
	(6410358)	(6621710)	(1583660	(2.5)			(211352)	(3.30)			(503918)	(8.2)
2.2 Bank Credit to Commercial Sector	16672145	17081935	-62975	-0.4	441121	3.1	409790	2.5	1842958	14.1	2211179	14.9
	(17202832)	(17576480)	(-68660)	(-0.4)			(373649)	(2.2)			(2092213)	(13.5)
2.2.1 Reserve Bank	14406	11107	185		-22505		-3299		-29035		7063
2.2.2 Other Banks	16657739	17070828	-63160	-0.4	463625	3.2	413089	2.5	1871993	14.4	2204116	14.8
	-17188425	-17565373	(-68845)	(-0.4)			-376948	-2.2			-2085151	-13.5
2.3 Net Foreign Exchange Assets of Banking Sector	5543700	5721304	131671	2.4	166973	3.4	177604	3.2	403991	8.6	642565	12.7
2.4 Government's Currency Liabilities to the Public	33432	34065	0	0	639	2.1	634	1.9	2474	8.7	3141	10.2
2.5 Banking Sector's Net Non-Monetary Liabilities	4929908	4861241	370331	8.2	-106489	-2.5	-68668	-1.4	846548	26.1	774270	18.9
	(5443907)	(5334427)	(367339)	(7.4)			(-109481)	(-2.0)			(675472)	(14.5)
2.5.1 Net Non-Monetary Liabilities of RBI	1789875	1718864	87291	5.4	959	0.1	-71012	-4	305597	23.8	130340	8.2
Note: Figures in parentheses include the impact of merger of a non-bank with a bank.