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 | ||||||||||||
2004 | Fortnight | ||||||||||||
2003-2004 | 2004-2005 | 2003 | 2004 | ||||||||||
Item | Mar. 31# | Apr. 30# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
20,00,349 | 20,66,583 | 19,138 | 0.9 | 60,618 | 3.5 | 66,234 | 3.3 | 1,88,323 | 11.8 | 2,86,763 | 16.1 | ||
M3 | |||||||||||||
Components (i+ii+iii+iv) | |||||||||||||
(i) | Currency with the Public | 3,16,758 | 3,29,963 | 1,258 | 0.4 | 13,354 | 4.9 | 13,205 | 4.2 | 29,175 | 11.4 | 45,227 | 15.9 |
(ii) | Demand deposits with banks | 2,51,371 | 2,56,714 | –3,560 | –1.4 | 5,437 | 2.7 | 5,343 | 2.1 | 22,335 | 12.3 | 53,487 | 26.3 |
(iii) | Time deposits with banks @ | 14,27,179 | 14,76,233 | 21,515 | 1.5 | 42,111 | 3.4 | 49,054 | 3.4 | 1,36,069 | 11.8 | 1,87,333 | 14.5 |
(iv) | "Other" deposits with Reserve Bank | 5,041 | 3,673 | –76 | –2.0 | –285 | –8.8 | –1,369 | –27.1 | 746 | 33.7 | 715 | 24.2 |
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net Bank credit to Government (a+b) | 7,44,616 | 7,47,142 | 17,828 | 2.4 | 35,160 | 5.2 | 2,527 | 0.3 | 89,023 | 14.3 | 37,552 | 5.3 |
(a) Reserve Bank | 47,555 | 13,361 | 15,008 | 8,779 | 7.3 | –34,194 | –71.9 | –31,611 | –19.6 | –1,16,097 | –89.7 | ||
(b) Other Banks | 6,97,061 | 7,33,781 | 2,820 | 0.4 | 26,381 | 4.8 | 36,721 | 5.3 | 1,20,634 | 26.3 | 1,53,650 | 26.5 | |
(ii) | Bank credit to commercial sector (a+b) | 10,11,074 | 10,37,136 | –4,232 | –0.4 | 2,549 | 0.3 | 26,061 | 2.6 | 81,516 | 10.0 | 1,42,498 | 15.9 |
(a) Reserve Bank | 2,061 | 2,022 | –3 | –0.1 | –54 | –1.8 | –39 | –1.9 | –2,938 | –49.5 | –972 | –32.5 | |
(b) Other Banks | 10,09,013 | 10,35,114 | –4,230 | –0.4 | 2,603 | 0.3 | 26,101 | 2.6 | 84,454 | 10.5 | 1,43,471 | 16.1 | |
(iii) | Net foreign exchange assets of banking sector | 5,15,304 | 5,50,900 | 9,790 | 1.8 | 9,223 | 2.3 | 35,596 | 6.9 | 83,526 | 26.1 | 1,47,962 | 36.7 |
(iv) | Government's currency liabilities to the public | 7,291 | 7,291 | — | — | 36 | 0.5 | — | — | 723 | 11.3 | 184 | 2.6 |
(v) | Banking sector's net non-monetary liabilities | ||||||||||||
other than time deposits | 2,77,936 | 2,75,886 | 4,247 | 1.6 | –13,649 | –5.5 | –2,049 | –0.7 | 66,465 | 39.6 | 41,434 | 17.7 | |
of which : Net non-monetary liabilities of RBI | 1,10,310 | 1,11,172 | 4,745 | 4.5 | 69 | 0.1 | 862 | 0.8 | 15,375 | 13.7 | –16,038 | –12.6 | |
@ : Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |