11. Sources of Money Stock (M3) - आरबीआय - Reserve Bank of India
11. Sources of Money Stock (M3)
(` Billion) |
||||||
Sources |
Outstandings as on March 31/reporting Fridays of the month/last reporting Friday of the month |
|||||
2009-10 |
2010-11 |
2011-12 |
March 11, 2011 |
March 25, 2011 |
||
1 |
2 |
3 |
4 |
5 |
||
1. |
Net Bank Credit to Government (A+B) |
16,691.9 |
19,839.0 |
23,607.8 |
18,958.9 |
19,036.9 |
A. RBI’s net credit to Government (i-ii) |
2,115.9 |
3,965.5 |
5,296.7 |
3,130.7 |
3,163.9 |
|
(i) Claims on Government (a+b) |
2,227.2 |
3,970.5 |
5,538.6 |
3,132.1 |
3,227.2 |
|
(a) Central Government |
2,226.7 |
3,941.4 |
5,528.3 |
3,114.6 |
3,219.9 |
|
(b) State Governments |
0.5 |
29.2 |
10.3 |
17.5 |
7.3 |
|
(ii) Government deposits with RBI (a+b) |
111.3 |
5.0 |
241.9 |
1.4 |
63.3 |
|
(a) Central Government |
110.9 |
1.0 |
241.5 |
1.0 |
62.9 |
|
(b) State Governments |
0.4 |
4.0 |
0.4 |
0.4 |
0.4 |
|
B. Other Banks’ Credit to Government |
14,576.0 |
15,873.4 |
18,311.1 |
15,828.1 |
15,873.0 |
|
2. |
Bank Credit to Commercial Sector (A+B) |
34,914.1 |
42,366.8 |
49,502.8 |
41,499.3 |
42,362.4 |
A. RBI’s credit to commercial sector |
13.3 |
21.6 |
39.6 |
15.7 |
17.6 |
|
B. Other banks’ credit to commercial sector (i+ii+iii) |
34,900.8 |
42,345.1 |
49,463.2 |
41,483.6 |
42,344.8 |
|
(i) Bank credit by commercial banks |
32,447.9 |
39,420.8 |
46,116.3 |
38,579.6 |
39,420.8 |
|
(ii) Bank credit by co-operative banks |
2,346.3 |
2,841.8 |
3,298.2 |
2,825.3 |
2,842.2 |
|
(iii) Investments by commercial and co-operative banks in other securities |
106.6 |
82.5 |
48.6 |
78.7 |
81.7 |
|
3. |
Net Foreign Exchange Assets of Banking Sector (A+B) |
12,814.6 |
13,933.4 |
15,236.7 |
13,792.5 |
13,879.7 |
A. RBI’s net foreign exchange assets (i-ii) |
12,319.4 |
13,285.7 |
14,722.0 |
13,320.4 |
13,232.0 |
|
(i) Gross foreign assets |
12,319.7 |
13,285.7 |
14,722.0 |
13,320.6 |
13,232.2 |
|
(ii) Foreign liabilities |
0.2 |
0.0 |
0.1 |
0.2 |
0.2 |
|
B. Other banks’ net foreign exchange assets |
495.2 |
647.7 |
514.7 |
472.1 |
647.7 |
|
4. |
Government’s Currency Liabilities to the Public |
112.7 |
127.2 |
141.1 |
125.9 |
125.9 |
5. |
Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B) |
8,506.3 |
11,225.2 |
15,047.6 |
9,973.0 |
10,369.4 |
A. Net non-monetary liabilities of RBI |
3,016.4 |
3,683.5 |
5,975.4 |
3,710.3 |
3,629.2 |
|
B. Net non-monetary liabilities of other banks (residual) |
5,489.9 |
7,541.7 |
9,072.2 |
6,262.6 |
6,740.2 |
|
M3 (1+2+3+4-5) |
56,027.0 |
65,041.2 |
73,440.7 |
64,403.6 |
65,035.4 |
No. 11: Sources of Money Stock (M3) (Concld.) |
|||||||
(` Billion) |
|||||||
Sources |
Outstandings as on March 31/reporting Fridays of the month/last reporting Friday of the month |
||||||
November 2011 |
December 2011 |
January 2012 |
February 2012 |
March 9, 2012 |
March 23, 2012 |
||
6 |
7 |
8 |
9 |
10 |
11 |
||
1. |
Net Bank Credit to Government (A+B) |
22,235.0 |
22,376.7 |
23,033.6 |
23,273.5 |
23,647.6 |
23,482.1 |
A. RBI’s net credit to Government (i-ii) |
4,169.0 |
4,500.6 |
5,184.0 |
4,883.7 |
5,052.1 |
5,171.0 |
|
(i) Claims on Government (a+b) |
4,170.5 |
4,502.0 |
5,185.4 |
4,885.1 |
5,053.5 |
5,846.3 |
|
(a) Central Government |
4,157.2 |
4,501.6 |
5,184.5 |
4,884.0 |
5,053.5 |
5,845.2 |
|
(b) State Governments |
13.2 |
0.4 |
0.9 |
1.1 |
– |
1.1 |
|
(ii) Government deposits with RBI (a+b) |
1.4 |
1.4 |
1.4 |
1.4 |
1.4 |
675.3 |
|
(a) Central Government |
1.0 |
1.0 |
1.0 |
1.0 |
1.0 |
665.3 |
|
(b) State Governments |
0.4 |
0.4 |
0.4 |
0.4 |
0.4 |
10.0 |
|
B. Other Banks’ Credit to Government |
18,065.9 |
17,876.1 |
17,849.6 |
18,389.8 |
18,595.5 |
18,311.1 |
|
2. |
Bank Credit to Commercial Sector (A+B) |
45,148.6 |
46,993.5 |
46,872.3 |
47,435.1 |
48,242.8 |
49,502.8 |
A. RBI’s credit to commercial sector |
19.1 |
32.7 |
32.6 |
34.3 |
39.4 |
39.7 |
|
B. Other banks’ credit to commercial sector (i+ii+iii) |
45,129.5 |
46,960.9 |
46,839.7 |
47,400.8 |
48,203.4 |
49,463.2 |
|
(i) Bank credit by commercial banks |
41,886.7 |
43,668.8 |
43,527.3 |
44,075.2 |
44,866.8 |
46,116.3 |
|
(ii) Bank credit by co-operative banks |
3,169.8 |
3,238.9 |
3,261.6 |
3,275.4 |
3,287.3 |
3,298.2 |
|
(iii) Investments by commercial and co-operative banks in other securities |
73.0 |
53.2 |
50.8 |
50.2 |
49.3 |
48.6 |
|
3. |
Net Foreign Exchange Assets of Banking Sector (A+B) |
15,894.4 |
15,959.3 |
14,866.4 |
14,673.3 |
14,852.7 |
15,142.6 |
A. RBI’s net foreign exchange assets (i-ii) |
15,433.3 |
15,444.6 |
14,351.7 |
14,158.5 |
14,337.9 |
14,627.9 |
|
(i) Gross foreign assets |
15,433.4 |
15,444.8 |
14,351.9 |
14,158.7 |
14,338.2 |
14,628.0 |
|
(ii) Foreign liabilities |
0.0 |
0.2 |
0.2 |
0.2 |
0.2 |
0.1 |
|
B. Other banks’ net foreign exchange assets |
461.0 |
514.7 |
514.7 |
514.7 |
514.7 |
514.7 |
|
4. |
Government’s Currency Liabilities to the Public |
137.2 |
138.7 |
139.9 |
141.1 |
141.1 |
141.1 |
5. |
Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B) |
13,074.3 |
13,296.3 |
13,138.8 |
13,117.0 |
13,910.5 |
14,793.4 |
A. Net non-monetary liabilities of RBI |
5,774.5 |
6,233.0 |
5,496.3 |
5,375.4 |
5,575.4 |
5,914.9 |
|
B. Net non-monetary liabilities of other banks (residual) |
7,299.8 |
7,063.3 |
7,642.5 |
7,741.6 |
8,335.1 |
8,878.4 |
|
M3 (1+2+3+4-5) |
70,340.8 |
72,172.0 |
71,773.3 |
72,405.9 |
72,973.6 |
73,475.3 |
|
Note: 1. Monetary aggregates as at end-March incorporate data on i) scheduled commercial banks as on last reporting Friday and ii) the Reserve Bank of India pertaining to the last working day of the fiscal year. |