7. Money Stock : Components and Sources - ಆರ್ಬಿಐ - 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. 18# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
20,03,102 | 22,19,739 | 11,664 | 0.5 | 2,46,676 | 14.4 | 2,16,636 | 10.8 | 2,57,330 | 15.1 | 2,55,103 | 13.0 | ||
M3 | |||||||||||||
(22,16,170) | (2,13,067) | (10.6) | (2,51,534) | (12.8) | |||||||||
Components (i+ii+iii+iv) | |||||||||||||
(i) | Currency with the Public | 3,15,493 | 3,49,862 | 2,268 | 0.7 | 41,453 | 15.3 | 34,370 | 10.9 | 41,654 | 15.3 | 36,828 | 11.8 |
(ii) | Demand deposits with banks | 2,56,039 | 2,69,803 | –282 | –0.1 | 31,973 | 16.1 | 13,763 | 5.4 | 40,468 | 21.3 | 39,072 | 16.9 |
(iii) | Time deposits with banks @ | 14,26,451 | 15,95,756 | 9,715 | 0.6 | 1,73,023 | 13.9 | 1,69,305 | 11.9 | 1,74,985 | 14.1 | 1,78,355 | 12.6 |
(15,92,187) | (1,65,736) | (11.6) | (1,74,786) | (12.3) | |||||||||
(iv) | "Other" deposits with Reserve Bank | 5,119 | 4,317 | –38 | –0.9 | 227 | 7.0 | –802 | –15.7 | 223 | 6.9 | 848 | 24.4 |
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net Bank credit to Government (a+b) | 7,45,499 | 7,48,082 | –3,503 | –0.5 | 57,342 | 8.5 | 2,583 | 0.3 | 82,474 | 12.7 | 14,217 | 1.9 |
(7,35,889) | (–9,610) | (–1.3) | (2,024) | (0.3) | |||||||||
(a) Reserve Bank | 44,907 | –2,037 | –14,597–116.2 | –83,211 | –69.0 | –46,945 | –104.5 | –64,139 | –63.1 | –39,506 | –105.4 | ||
(b) Other Banks | 7,00,591 | 7,50,119 | 11,094 | 1.5 | 1,40,552 | 25.3 | 49,528 | 7.1 | 1,46,613 | 26.7 | 53,723 | 7.7 | |
(ii) | Bank credit to commercial sector (a+b) | 10,17,902 | 12,40,881 | 5,692 | 0.5 | 85,311 | 9.5 | 2,22,979 | 21.9 | 1,15,140 | 13.2 | 2,56,590 | 26.1 |
(12,08,199) | (1,90,297) | (18.7) | (2,23,908) | (22.7) | |||||||||
(a) Reserve Bank | 2,061 | 1,390 | — | — | –987 | –32.4 | –672 | –32.6 | –855 | –29.3 | –672 | –32.6 | |
(b) Other Banks | 10,15,841 | 12,39,492 | 5,692 | 0.5 | 86,298 | 9.6 | 2,23,651 | 22.0 | 1,15,994 | 13.4 | 2,57,261 | 26.2 | |
(iii) | Net foreign exchange assets of banking sector | 5,26,586 | 6,14,379 | 22,288 | 3.8 | 1,24,611 | 31.7 | 87,792 | 16.7 | 1,17,608 | 29.3 | 96,053 | 18.5 |
(iv) | Government's currency liabilities to the public | 7,296 | 7,374 | — | — | 220 | 3.1 | 79 | 1.1 | 255 | 3.6 | 83 | 1.1 |
(v) | Banking sector's net non-monetary liabilities | ||||||||||||
other than time deposits | 2,94,181 | 3,90,978 | 12,812 | 3.4 | 20,808 | 8.1 | 96,797 | 32.9 | 58,147 | 26.3 | 1,11,840 | 40.1 | |
of which : Net non-monetary liabilities of RBI | 1,07,585 | 1,26,769 | 9,279 | 7.9 | 5,567 | 4.4 | 19,185 | 17.8 | 6,839 | 5.4 | –5,938 | –4.5 | |
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |