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# | Mar. 4# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
20,03,102 | 22,38,023 | 18,284 | 0.8 | 2,65,608 | 15.5 | 2,34,920 | 11.7 | 2,67,018 | 15.6 | 2,54,454 | 12.8 | ||
M3 | |||||||||||||
(22,34,454) | (2,31,351) | (11.5) | (2,50,885) | (12.6) | |||||||||
Components (i+ii+iii+iv) | |||||||||||||
(i) | Currency with the Public | 3,15,493 | 3,51,665 | 1,803 | 0.5 | 44,570 | 16.4 | 36,173 | 11.5 | 41,235 | 15.0 | 35,514 | 11.2 |
(ii) | Demand deposits with banks | 2,56,039 | 2,81,955 | 12,153 | 4.5 | 36,305 | 18.3 | 25,916 | 10.1 | 44,826 | 23.6 | 46,893 | 19.9 |
(iii) | Time deposits with banks @ | 14,26,451 | 16,00,028 | 4,272 | 0.3 | 1,84,676 | 14.8 | 1,73,577 | 12.2 | 1,80,144 | 14.4 | 1,70,973 | 12.0 |
(15,96,459) | (1,70,008) | (11.9) | (1,67,404) | (11.7) | |||||||||
(iv) | "Other" deposits with Reserve Bank | 5,119 | 4,374 | 57 | 1.3 | 57 | 1.8 | –745 | –14.6 | 813 | 32.7 | 1,074 | 32.5 |
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net Bank credit to Government (a+b) | 7,45,499 | 7,50,505 | 2,423 | 0.3 | 66,795 | 9.9 | 5,006 | 0.7 | 75,280 | 11.3 | 7,188 | 1.0 |
(7,38,312) | (–7,187) | (–1.0) | (–5,005) | (–0.7) | |||||||||
(a) Reserve Bank | 44,907 | –16,077 | –14,039 | –84,250 | –60,984 | –83,319 | –52,507 | ||||||
(b) Other Banks | 7,00,591 | 7,66,582 | 16,463 | 2.2 | 1,51,044 | 27.2 | 65,991 | 9.4 | 1,58,600 | 28.9 | 59,694 | 8.4 | |
(ii) | Bank credit to commercial sector (a+b) | 10,17,902 | 12,54,224 | 13,343 | 1.1 | 95,456 | 10.6 | 2,36,322 | 23.2 | 1,18,791 | 13.6 | 2,59,788 | 26.1 |
(12,21,542) | (2,03,640) | (20.0) | (2,27,106) | (22.8) | |||||||||
(a) Reserve Bank | 2,061 | 1,390 | — | — | –985 | –32.3 | –672 | –32.6 | –1,161 | –36.0 | –673 | –32.6 | |
(b) Other Banks | 10,15,841 | 12,52,835 | 13,343 | 1.1 | 96,441 | 10.8 | 2,36,994 | 23.3 | 1,19,952 | 13.7 | 2,60,461 | 26.2 | |
(iii) | Net foreign exchange assets of banking sector | 5,26,586 | 6,32,787 | 18,408 | 3.0 | 1,31,609 | 33.4 | 1,06,201 | 20.2 | 1,32,849 | 33.8 | 1,07,463 | 20.5 |
(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 | 4,06,868 | 15,890 | 4.1 | 28,471 | 11.0 | 1,12,688 | 38.3 | 60,157 | 26.5 | 1,20,067 | 41.9 | |
of which : Net non-monetary liabilities of RBI | 1,07,585 | 1,28,429 | 1,659 | 1.3 | 3,677 | 2.9 | 20,844 | 19.4 | 1,763 | 1.4 | –2,390 | –1.8 | |
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |