7. Money Stock : Components and Sources - आरबीआई - Reserve Bank of India
7. Money Stock : Components and Sources
(Rs. crore) | ||||||||||||||
Outstanding as on | Variation over | |||||||||||||
Financial year so far | Year-on-year | |||||||||||||
1999 | 2000 | Fortnight | 1998-99 | 1999-2000 | 1999 | 2000 | ||||||||
Item | Mar. 31# | Mar. 10# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | ||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | ||
M 3 | 9,72,204* | 11,09,289 | 3,802 | 0.3 | 1,34,342* | 16.4 | 1,37,084* | 14.1 | 1,56,532* | 19.6 | 1,53,615* | 16.1 | ||
(14.2) | (14.4) | (17.3) | (16.4) | |||||||||||
Components (i+ii+iii+iv) | ||||||||||||||
(i) | Currency with the Public | 1,69,382 | 1,95,463 | 4,187 | 2.2 | 27,764 | 19.1 | 26,081 | 15.4 | 23,519 | 15.7 | 22,121 | 12.8 | |
(ii) | Demand deposits with banks | 1,35,111 | 1,43,145 | 1,097 | 0.8 | 1,002 | 0.8 | 8,035 | 5.9 | 14,295 | 13.6 | 23,419 | 19.6 | |
(iii) | Time deposits with banks @ | 6,63,890 | 7,68,139 | -1,304 | -0.2 | 1,06,333 | 19.2 | 1,04,250 | 15.7 | 1,18,361 | 21.9 | 1,08,318 | 16.4 | |
(iv) | "Other" deposits with Reserve Bank | 3,821 | 2,540 | -179 | -6.6 | -757 | -21.4 | -1,281 | -33.5 | 357 | 14.7 | -243 | -8.7 | |
Sources (i+ii+iii+iv-v) | ||||||||||||||
(i) | Net bank credit to Government (a+b) | 3,87,151 | 4,44,980 | 7,193 | 1.6 | 57,790 | 17.5 | 57,828 | 14.9 | 60,962 | 18.6 | 56,592 | 14.6 | |
(a) Reserve Bank | 1,52,539 | 1,53,998 | 5,756 | 3.9 | 20,895 | 15.5 | 1,459 | 1.0 | 18,707 | 13.6 | -2,057 | -1.3 | ||
(b) Other Banks | 2,34,612 | 2,90,982 | 1,437 | 0.5 | 36,896 | 18.9 | 56,369 | 24.0 | 42,256 | 22.2 | 58,649 | 25.2 | ||
(ii) | Bank credit to commercial sector (a+b) | 4,90,363 | 5,58,095 | -3,459 | -0.6 | 42,284 | 9.8 | 67,732 | 13.8 | 55,319 | 13.2 | 82,502 | 17.3 | |
(a) Reserve Bank | 12,226 | 8,494 | -4,793 | -36.1 | 567 | 6.9 | -3,732 | -30.5 | 801 | 10.1 | -259 | -3.0 | ||
(b) Other Banks | 4,78,138 | 5,49,602 | 1,334 | 0.2 | 41,716 | 9.8 | 71,464 | 14.9 | 54,517 | 13.2 | 82,761 | 17.7 | ||
(iii) | Net foreign exchange assets of banking sector | 1,76,778 | 1,98,043 | 3,946 | 2.0 | 32,438 | 23.5 | 21,265 | 12.0 | 42,561 | 33.3 | 27,510 | 16.1 | |
(iv) | Government's currency liabilities to the public | 3,846 | 4,079 | | | 442 | 13.2 | 233 | 6.1 | 490 | 14.8 | 285 | 7.5 | |
(v) | Banking sector's net non-monetary liabilities | |||||||||||||
other than time deposits | 85,934 | 95,908 | 3,878 | 4.2 | -1,388 | -1.7 | 9,974 | 11.6 | 2,800 | 3.5 | 13,274 | 16.1 | ||
of which : Net non-monetary liabilities of RBI | 60,455 | 70,554 | 832 | 1.2 | 16,876 | 39.0 | 10,098 | 16.7 | 15,595 | 35.0 | 10,395 | 17.3 | ||
@ : Includes Rs. 17,945 crore on account of Resurgent India Bonds (RIBs), since August 28, 1998. |