Money Stock : Components and Sources

दिनांक: नवंबर 18, 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 #	Nov. 4 #	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
M₃	64,99,548	70,10,561	51,897	0.7	4,37,744	7.8	5,11,013	7.9	8,38,370	16.1	9,70,085	16.1
Components (i+ii+iii+iv)
(i) Currency with the Public	9,14,197	9,68,051	15,861	1.7	97,445	12.7	53,854	5.9	1,49,513	20.9	1,03,113	11.9
(ii) Demand Deposits with Banks	7,17,660	6,44,057	–1,950	–0.3	–55,379	–7.7	–73,602	–10.3	75,388	12.8	–18,534	–2.8
(iii)Time Deposits with Banks	48,63,979	53,97,145	37,838	0.7	3,95,236	9.6	5,33,166	11.0	6,14,048	15.8	8,88,479	19.7
(iv) 'Other' Deposits with Reserve Bank	3,713	1,308	148	12.7	442	11.5	–2,405	–64.8	–579	–11.9	–2,973	–69.4
Sources (i+ii+iii+iv-v)
(i) Net Bank Credit to Government (a+b)	19,82,771	21,92,844	10,936	0.5	1,66,937	10.0	2,10,073	10.6	3,51,968	23.7	3,56,722	19.4
(a) Reserve Bank	3,96,555	3,80,178	–14,558		51,656		–16,376		2,12,032		1,16,937
(b) Other Banks	15,86,216	18,12,666	25,495	1.4	1,15,281	7.9	2,26,450	14.3	1,39,935	9.8	2,39,784	15.2
(ii) Bank Credit to Commercial Sector (a+b)	42,35,406	44,76,698	29,571	0.7	3,12,970	9.0	2,41,291	5.7	6,74,183	21.5	6,72,318	17.7
(a) Reserve Bank	2,164	1,323	–555	—	244	—	–842	—	–3,468	—	–250	—
(b) Other Banks	42,33,242	44,75,375	30,126	0.7	3,12,726	9.0	2,42,133	5.7	6,77,652	21.7	6,72,568	17.7
(iii) Net Foreign Exchange Assets of Banking Sector*	13,93,327	15,51,778	–46,339	–2.9	81,884	6.4	1,58,451	11.4	4,851	0.4	1,88,425	13.8
(iv) Government's Currency Liabilities to the Public	12,724	13,312	—	—	883	7.8	587	4.6	1,421	13.2	1,159	9.5
(v) Banking Sector's Net Non-monetary Liabilities	11,24,680	12,24,070	–57,729	–4.5	1,24,929	14.7	99,390	8.8	1,94,053	24.8	2,48,539	25.5
of which:
Net Non-monetary Liabilities of RBI	3,68,274	5,30,784	–47,754	–8.3	46,437	15.4	1,62,510	44.1	–45,733	–11.6	1,82,733	52.5
* 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.