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 |
2005 |
Fortnight |
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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. Note : Figures in parentheses exclude the impact of conversion of a non-banking entity into banking entity from October 11, 2004. |