7. Money Stock : Components and Sources - आरबीआय - Reserve Bank of India
7. Money Stock : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
Financial year so far | Year-on-year | ||||||||||||
2005 | Fortnight | ||||||||||||
2004-2005 | 2005-2006 | 2004 | 2005 | ||||||||||
Item | Mar. 31# | Apr. 15# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
22,69,156 | 23,36,946 | 21,886 | 0.9 | 44,815 | 2.2 | 67,790 | 3.0 | 2,82,786 | 16.0 | 2,83,603 | 13.8 | ||
M3 | |||||||||||||
(22,65,587) | (23,33,377) | (2,80,034) | (13.6) | ||||||||||
Components (i+ii+iii+iv) | |||||||||||||
(i) | Currency with the Public | 3,57,424 | 3,69,606 | 13,495 | 3.8 | 12,315 | 3.9 | 12,182 | 3.4 | 43,554 | 15.3 | 41,883 | 12.8 |
(ii) | Demand deposits with banks | 2,97,088 | 3,05,485 | –10,017 | –3.2 | –3,819 | –1.5 | 8,397 | 2.8 | 48,101 | 23.3 | 51,291 | 20.2 |
(iii) | Time deposits with banks @ | 16,08,161 | 16,57,144 | 20,020 | 1.2 | 37,611 | 2.6 | 48,983 | 3.0 | 1,90,375 | 14.9 | 1,89,544 | 12.9 |
(16,04,592) | (16,53,575) | (1,85,975) | (12.7) | ||||||||||
(iv) | "Other" deposits with Reserve Bank | 6,483 | 4,711 | –1,613 | –25.5 | –1,293 | –25.3 | –1,771 | –27.3 | 755 | 24.6 | 885 | 23.1 |
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net Bank credit to Government (a+b) | 7,62,496 | 7,65,124 | 10,146 | 1.3 | –4,646 | –0.6 | 2,628 | 0.3 | 38,991 | 5.6 | 26,104 | 3.5 |
(7,50,303) | (7,52,931) | (13,911) | (1.9) | ||||||||||
(a) Reserve Bank | –12,197 | –4,541 | 23,121 | –46,554 | 7,656 | –1,28,906 | –2,894 | ||||||
(b) Other Banks | 7,74,694 | 7,69,665 | –12,975 | –1.7 | 41,909 | 6.0 | –5,029 | –0.6 | 1,67,897 | 29.3 | 28,998 | 3.9 | |
(ii) | Bank credit to commercial sector (a+b) | 12,75,027 | 13,13,234 | –12,122 | –0.9 | 19,382 | 1.9 | 38,207 | 3.0 | 1,38,513 | 15.4 | 2,73,378 | 26.3 |
(12,42,345) | (12,80,552) | (2,40,696) | (23.1) | ||||||||||
(a) Reserve Bank | 1,389 | 1,389 | — | — | –37 | –1.8 | — | — | –977 | –32.6 | –635 | –31.4 | |
(b) Other Banks | 12,73,637 | 13,11,844 | –12,122 | –0.9 | 19,419 | 1.9 | 38,207 | 3.0 | 1,39,490 | 15.5 | 2,74,012 | 26.4 | |
(iii) | Net foreign exchange assets of banking sector | 6,51,998 | 6,53,254 | 2,608 | 0.4 | 25,806 | 4.9 | 1,256 | 0.2 | 1,56,539 | 39.5 | 1,00,862 | 18.3 |
(iv) | Government's currency liabilities to the public | 7,436 | 7,436 | — | — | — | — | — | — | 189 | 2.7 | 141 | 1.9 |
(v) | Banking sector's net non-monetary liabilities | ||||||||||||
other than time deposits | 4,27,801 | 4,02,102 | –21,253 | –5.0 | –4,272 | –1.5 | –25,699 | –6.0 | 51,446 | 22.0 | 1,16,881 | 41.0 | |
of which : Net non-monetary liabilities of RBI | 1,25,548 | 1,26,180 | 2,970 | 2.4 | –1,235 | –1.1 | 632 | 0.5 | –17,588 | –14.2 | 19,830 | 18.6 | |
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |