7. Money Stock : Components and Sources - ആർബിഐ - 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. 18# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
20,03,102 | 22,65,328 | 27,305 | 1.2 | 2,84,898 | 16.6 | 2,62,226 | 13.1 | 2,81,843 | 16.4 | 2,62,470 | 13.1 | ||
M3 | |||||||||||||
(22,61,759) | (2,58,657) | (12.9) | (2,58,901) | (12.9) | |||||||||
Components (i+ii+iii+iv) | |||||||||||||
(i) | Currency with the Public | 3,15,493 | 3,57,458 | 5,793 | 1.6 | 45,154 | 16.6 | 41,966 | 13.3 | 41,205 | 15.0 | 40,724 | 12.9 |
(ii) | Demand deposits with banks | 2,56,039 | 2,95,174 | 13,219 | 4.7 | 57,184 | 28.8 | 39,135 | 15.3 | 58,334 | 29.5 | 39,233 | 15.3 |
(iii) | Time deposits with banks @ | 14,26,451 | 16,07,378 | 7,349 | 0.5 | 1,81,594 | 14.6 | 1,80,926 | 12.7 | 1,81,404 | 14.6 | 1,81,405 | 12.7 |
(16,03,809) | (1,77,357) | (12.4) | (1,77,836) | (12.5) | |||||||||
(iv) | "Other" deposits with Reserve Bank | 5,119 | 5,318 | 944 | 21.6 | 967 | 29.8 | 199 | 3.9 | 899 | 27.2 | 1,109 | 26.3 |
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net Bank credit to Government (a+b) | 7,45,499 | 7,40,871 | –9,634 | –1.3 | 51,552 | 7.6 | –4,628 | –0.6 | 62,588 | 9.4 | 12,797 | 1.8 |
(7,28,678) | (–16,821) | (–2.3) | (604) | (0.1) | |||||||||
(a) Reserve Bank | 44,907 | –30,024 | –13,947 | –93,196 | –74,931 | –81,973 | –57,507 | ||||||
(b) Other Banks | 7,00,591 | 7,70,895 | 4,313 | 0.6 | 1,44,748 | 26.0 | 70,303 | 10.0 | 1,44,561 | 26.0 | 70,303 | 10.0 | |
(ii) | Bank credit to commercial sector (a+b) | 10,17,902 | 12,76,878 | 22,654 | 1.8 | 1,19,004 | 13.2 | 2,58,975 | 25.4 | 1,19,297 | 13.3 | 2,58,893 | 25.4 |
(12,44,196) | (2,26,293) | (22.2) | (2,26,211) | (22.2) | |||||||||
(a) Reserve Bank | 2,061 | 1,390 | — | — | –1,005 | –33.0 | –672 | –32.6 | –929 | –31.3 | –653 | –32.0 | |
(b) Other Banks | 10,15,841 | 12,75,488 | 22,654 | 1.8 | 1,20,009 | 13.4 | 2,59,647 | 25.6 | 1,20,227 | 13.4 | 2,59,546 | 25.5 | |
(iii) | Net foreign exchange assets of banking sector | 5,26,586 | 6,52,313 | 19,526 | 3.1 | 1,45,861 | 37.0 | 1,25,727 | 23.9 | 1,52,025 | 39.2 | 1,12,738 | 20.9 |
(iv) | Government's currency liabilities to the public | 7,296 | 7,374 | — | — | 225 | 3.2 | 79 | 1.1 | 225 | 3.2 | 79 | 1.1 |
(v) | Banking sector's net non-monetary liabilities | ||||||||||||
other than time deposits | 2,94,181 | 4,12,109 | 5,240 | 1.3 | 31,743 | 12.3 | 1,17,928 | 40.1 | 52,292 | 22.0 | 1,22,036 | 42.1 | |
of which : Net non-monetary liabilities of RBI | 1,07,585 | 1,30,506 | 2,077 | 1.6 | 1,181 | 0.9 | 22,921 | 21.3 | 3,950 | 3.2 | 2,183 | 1.7 | |
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |