Money Stock : Components and Sources

दिनांक: अगस्त 19, 2011

(` crore)
Item	Outstanding as on		Variation over
	2011		Fortnight		Financial Year so far				Year-on-Year
	2011		Fortnight		2010-2011		2011-2012		2010		2011
	Mar. 31#	Jul. 29#	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
M₃	64,99,548	67,98,108	48,327	0.7	2,39,677	4.3	2,98,560	4.6	7,93,676	15.7	9,55,700	16.4
Components (i+ii+iii+iv)
(i) Currency with the Public	9,14,197	9,35,393	–16,945	–1.8	46,936	6.1	21,196	2.3	1,38,465	20.5	1,20,965	14.9
(ii) Demand Deposits with Banks	7,17,660	6,43,093	21,836	3.5	–24,185	–3.4	–74,566	–10.4	1,07,640	18.4	–50,692	–7.3
(iii) Time Deposits with Banks	48,63,979	52,17,323	43,190	0.8	2,16,299	5.3	3,53,344	7.3	5,47,354	14.5	8,87,594	20.5
(iv) "Other" Deposits with Reserve Bank	3,713	2,299	246	12.0	627	16.3	–1,414	–38.1	216	5.1	–2,168	–48.5
Sources (i+ii+iii+iv-v)
(i) Net Bank Credit to Government (a+b)	19,82,771	21,33,780	6,464	0.3	88,234	5.3	1,51,009	7.6	3,35,120	23.6	3,76,360	21.4
(a) Reserve Bank	3,96,555	3,72,134	–3,289		11,049		–24,421		1,94,789		1,49,499
(b) Other Banks	15,86,216	17,61,646	9,754	0.6	77,185	5.3	1,75,430	11.1	1,40,331	10.1	2,26,861	14.8
(ii) Bank Credit to Commercial Sector (a+b)	42,35,406	42,96,666	–9,219	–0.2	1,50,290	4.3	61,260	1.4	5,98,612	19.7	6,54,967	18.0
(a) Reserve Bank	2,164	1,799	392	—	–3	—	–365	—	–10,331	—	474	—
(b) Other Banks	42,33,242	42,94,867	–9,611	–0.2	1,50,293	4.3	61,625	1.5	6,08,943	20.1	6,54,493	18.0
(iii) Net Foreign Exchange Assets of Banking Sector*	13,93,327	14,41,483	8,217	0.6	52,339	4.1	48,156	3.5	–20,047	–1.5	1,07,676	8.1
(iv) Government's Currency Liabilities to the Public	12,724	12,959	—	—	492	4.4	235	1.8	1,345	12.9	1,198	10.2
(v) Banking Sector's Net Non-Monetary Liabilities	11,24,680	10,86,781	–42,864	–3.8	51,678	6.1	–37,900	–3.4	1,21,354	15.5	1,84,501	20.4
of which:
Net Non-Monetary Liabilities of RBI	3,68,274	4,07,904	8,329	2.1	57,265	19.0	39,630	10.8	–63,009	–14.9	49,024	13.7
* Includes investments in foreign currency denominated bonds issued by IIFC(UK) since March 20, 2009. Note: Government Balances as on March 31, 2011 are after closure of accounts.