7. Money Stock : Components and Sources - આરબીઆઈ - Reserve Bank of India
7. Money Stock : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
2002 | 2003 | Financial year so far | Year-on-year | ||||||||||
Mar. 31# | Feb.7# | Fortnight | 2001-2002 | 2002-2003 | 2002 | 2003 | |||||||
Item | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
M3 | 15,00,003 | 17,04,570 | 13,429 | 0.8 | 1,55,258 | 11.8 | 2,04,567 | 13.6 | 1,80,358 | 14.0 | 2,36,092 | 16.1 | |
[16,61,978] | [1,61,975] | [10.8] | [1,93,500] | [13.2] | |||||||||
Components (i+ii+iii+iv) | |||||||||||||
(i) | Currency with the Public | 2,41,399 | 2,69,531 | 4,206 | 1.6 | 28,819 | 13.8 | 28,132 | 11.7 | 27,676 | 13.1 | 31,162 | 13.1 |
(ii) | Demand deposits with banks | 1,78,284 | 1,89,143 | 3,911 | 2.1 | 576 | 0.3 | 10,859 | 6.1 | 13,297 | 8.7 | 22,298 | 13.4 |
(iii) | Time deposits with banks@ | 10,77,470 | 12,43,041 | 5,066 | 0.4 | 1,27,277 | 13.6 | 1,65,572 | 15.4 | 1,39,371 | 15.1 | 1,81,994 | 17.2 |
[12,00,449] | [1,22,980] | [11.4] | [1,39,402] | [13.1] | |||||||||
(iv) | "Other" deposits with Reserve Bank | 2,850 | 2,854 | 245 | 9.4 | –1,414 | –39.0 | 4 | 0.2 | 14 | 0.6 | 638 | 28.8 |
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net Bank credit to Government (a+b) | 5,86,466 | 6,49,909 | 7,848 | 1.2 | 70,278 | 13.7 | 63,442 | 10.8 | 80,796 | 16.1 | 67,675 | 11.6 |
(a) Reserve Bank | 1,52,178 | 1,08,508 | 684 | 0.6 | 1,888 | 1.2 | –43,670 | –28.7 | 1,710 | 1.1 | –47,257 | –30.3 | |
(b) Other Banks | 4,34,288 | 5,41,401 | 7,164 | 1.3 | 68,390 | 19.1 | 1,07,113 | 24.7 | 79,086 | 22.8 | 1,14,933 | 26.9 | |
(ii) | Bank credit to commercial sector (a+b) | 7,56,265 | 8,73,654 | 7,666 | 0.9 | 58,022 | 8.5 | 1,17,389 | 15.5 | 76,092 | 11.5 | 1,36,414 | 18.5 |
(a) Reserve Bank | 5,929 | 2,906 | –19 | –0.7 | –5,089 | –38.3 | –3,023 | –51.0 | –2,975 | –26.6 | –5,291 | –64.6 | |
(b) Other Banks | 7,50,336 | 8,70,748 | 7,685 | 0.9 | 63,111 | 9.5 | 1,20,412 | 16.0 | 79,067 | 12.2 | 1,41,705 | 19.4 | |
(iii) | Net foreign exchange assets of banking sector | 3,14,733 | 4,02,530 | 5,853 | 1.5 | 43,086 | 17.2 | 87,797 | 27.9 | 51,831 | 21.5 | 1,09,624 | 37.4 |
(iv) | Government's currency liabilities to the public | 6,366 | 6,851 | — | — | 802 | 15.0 | 485 | 7.6 | 932 | 17.9 | 696 | 11.3 |
(v) | Banking sector's net non-monetary liabilities | ||||||||||||
other than time deposits | 1,63,828 | 2,28,373 | 7,939 | 3.6 | 16,930 | 12.7 | 64,545 | 39.4 | 29,294 | 24.3 | 78,317 | 52.2 | |
of which : Net non-monetary liabilities of RBI | 1,01,220 | 1,27,239 | 104 | 0.1 | 21,916 | 27.6 | 26,019 | 25.7 | 19,329 | 23.6 | 25,978 | 25.7 | |
@ : 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 |