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 | 2005 | Fortnight | |||||||||||
2003-2004 | 2004-2005 | 2004 | 2005 | ||||||||||
Item | Mar. 31# | Feb. 4# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
20,03,102 | 22,08,074 | 11,199 | 0.5 | 2,31,455 | 13.5 | 2,04,972 | 10.2 | 2,42,942 | 14.2 | 2,58,659 | 13.3 | ||
M3 | |||||||||||||
(22,04,505) | (2,01,403) | (10.1) | (2,55,090) | (13.1) | |||||||||
Components (i+ii+iii+iv) | |||||||||||||
(i) | Currency with the Public | 3,15,493 | 3,47,594 | 664 | 0.2 | 39,530 | 14.6 | 32,101 | 10.2 | 40,240 | 14.9 | 36,482 | 11.7 |
(ii) | Demand deposits with banks | 2,56,039 | 2,70,084 | 7,702 | 2.9 | 29,823 | 15.0 | 14,045 | 5.5 | 39,817 | 21.1 | 41,504 | 18.2 |
(iii) | Time deposits with banks @ | 14,26,451 | 15,86,041 | 3,925 | 0.2 | 1,61,763 | 13.0 | 1,59,590 | 11.2 | 1,62,219 | 13.0 | 1,79,900 | 12.8 |
(15,82,472) | (1,56,021) | (10.9) | (1,76,331) | (12.5) | |||||||||
(iv) | "Other" deposits with Reserve Bank | 5,119 | 4,355 | –1,092 | –20.0 | 340 | 10.5 | –764 | –14.9 | 666 | 22.8 | 773 | 21.6 |
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net Bank credit to Government (a+b) | 7,45,499 | 7,51,585 | –1,802 | –0.2 | 56,482 | 8.3 | 6,086 | 0.8 | 77,916 | 11.9 | 18,580 | 2.5 |
(7,39,392) | (–6,107) | (–0.8) | (6,387) | (0.9) | |||||||||
(a) Reserve Bank | 44,907 | 12,560 | –1,627 | –11.5 | –82,569 | –68.4 | –32,347 | –72.0 | –70,397 | –64.9 | –25,551 | –67.0 | |
(b) Other Banks | 7,00,591 | 7,39,025 | –175 | — | 1,39,051 | 25.0 | 38,434 | 5.5 | 1,48,313 | 27.1 | 44,131 | 6.4 | |
(ii) | Bank credit to commercial sector (a+b) | 10,17,902 | 12,35,190 | 9,365 | 0.8 | 84,832 | 9.4 | 2,17,287 | 21.3 | 1,16,154 | 13.4 | 2,51,377 | 25.6 |
(12,02,508) | (1,84,605) | (18.1) | (2,18,695) | (22.2) | |||||||||
(a) Reserve Bank | 2,061 | 1,390 | –500 | –26.5 | –990 | –32.5 | –672 | –32.6 | –847 | –29.2 | –669 | –32.5 | |
(b) Other Banks | 10,15,841 | 12,33,800 | 9,865 | 0.8 | 85,821 | 9.6 | 2,17,959 | 21.5 | 1,17,001 | 13.5 | 2,52,046 | 25.7 | |
(iii) | Net foreign exchange assets of banking sector | 5,26,586 | 5,92,091 | –6,032 | –1.0 | 1,19,873 | 30.4 | 65,505 | 12.4 | 1,16,307 | 29.3 | 78,503 | 15.3 |
(iv) | Government's currency liabilities to the public | 7,296 | 7,374 | — | — | 209 | 3.0 | 79 | 1.1 | 288 | 4.1 | 94 | 1.3 |
(v) | Banking sector's net non-monetary liabilities | ||||||||||||
other than time deposits | 2,94,181 | 3,78,166 | –9,667 | –2.5 | 29,942 | 11.6 | 83,985 | 28.5 | 67,723 | 30.7 | 89,895 | 31.2 | |
of which : Net non-monetary liabilities of RBI | 1,07,585 | 1,17,490 | –6,933 | –5.6 | 6,985 | 5.5 | 9,905 | 9.2 | 6,950 | 5.5 | –16,636 | –12.4 | |
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |