7. Money Stock : Components and Sources - ಆರ್ಬಿಐ - Reserve Bank of India
7. Money Stock : Components and Sources
(Rs. crore) |
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Outstanding as on |
Variation over |
||||||||||||
Financial year so far |
Year-on-year |
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2004 |
Fortnight |
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2003-2004 |
2004-2005 |
2003 |
2004 |
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Item |
Mar. 31# |
Dec. 10# |
Amount % |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
20,03,102 |
21,52,037 |
12,916 |
0.6 |
1,76,621 |
10.3 |
1,48,935 |
7.4 |
2,16,823 |
12.9 |
2,57,457 |
13.6 |
||
M3 |
|||||||||||||
(21,48,468) |
(1,45,366) |
(7.3) |
(2,53,888) |
(13.4) |
|||||||||
Components (i+ii+iii+iv) |
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(i) |
Currency with the Public |
3,15,493 |
3,45,214 |
2,114 |
0.6 |
32,167 |
11.8 |
29,721 |
9.4 |
38,600 |
14.6 |
41,465 |
13.7 |
(ii) |
Demand deposits with banks |
2,56,039 |
2,61,953 |
3,197 |
1.2 |
18,155 |
9.1 |
5,914 |
2.3 |
32,732 |
17.8 |
45,041 |
20.8 |
(iii) |
Time deposits with banks @ |
14,26,451 |
15,40,773 |
7,750 |
0.5 |
1,26,173 |
10.1 |
1,14,322 |
8.0 |
1,45,067 |
11.8 |
1,70,222 |
12.4 |
(15,37,204) |
(1,10,753) |
(7.8) |
(1,66,653) |
(12.2) |
|||||||||
(iv) |
"Other" deposits with Reserve Bank |
5,119 |
4,097 |
–144 |
–3.4 |
126 |
3.9 |
–1,022 |
–20.0 |
424 |
14.4 |
729 |
21.6 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,45,499 |
7,39,636 |
–6,406 |
–0.9 |
51,417 |
7.6 |
–5,862 |
–0.8 |
71,029 |
10.8 |
11,696 |
1.6 |
(7,27,443) |
(–18,055) |
(–2.4) |
(–497) |
(–0.1) |
|||||||||
(a) Reserve Bank |
44,907 |
5,101 |
–13,103 |
–72.0 |
–61,246 |
–50.8 |
–39,807 |
–88.6 |
–63,589 |
–51.7 |
–54,333 |
–91.4 |
|
(b) Other Banks |
7,00,591 |
7,34,536 |
6,698 |
0.9 |
1,12,663 |
20.3 |
33,944 |
4.8 |
1,34,618 |
25.2 |
66,029 |
9.9 |
|
(ii) |
Bank credit to commercial sector (a+b) |
10,17,902 |
11,95,608 |
4,420 |
0.4 |
46,758 |
5.2 |
1,77,705 |
17.5 |
99,706 |
11.8 |
2,49,869 |
26.4 |
(11,62,926) |
(1,45,023) |
(14.2) |
(2,17,187) |
(23.0) |
|||||||||
(a) Reserve Bank |
2,061 |
1,889 |
— |
— |
–958 |
–31.4 |
–172 |
–8.3 |
–870 |
–29.4 |
–201 |
–9.6 |
|
(b) Other Banks |
10,15,841 |
11,93,718 |
4,420 |
0.4 |
47,716 |
5.3 |
1,77,877 |
17.5 |
1,00,576 |
11.9 |
2,50,069 |
26.5 |
|
(iii) |
Net foreign exchange assets of banking sector |
5,26,586 |
6,14,523 |
6,791 |
1.1 |
89,861 |
22.8 |
87,937 |
16.7 |
1,07,639 |
28.6 |
1,30,948 |
27.1 |
(iv) |
Government's currency liabilities to the public |
7,296 |
7,339 |
— |
— |
191 |
2.7 |
44 |
0.6 |
356 |
5.1 |
77 |
1.1 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
2,94,181 |
4,05,069 |
–8,111 |
–2.0 |
11,606 |
4.5 |
1,10,888 |
37.7 |
61,906 |
29.8 |
1,35,133 |
50.1 |
|
of which : Net non-monetary liabilities of RBI |
1,07,585 |
1,37,115 |
–5,858 |
–4.1 |
22 |
— |
29,530 |
27.4 |
7,748 |
6.5 |
9,952 |
7.8 |
|
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |