11. Sources of money stock (M3) - ଆରବିଆଇ - Reserve Bank of India
11. Sources of money stock (M3)
(Rs. crore) |
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Source |
Outstandings as on March 31/Reporting Fridays of the Month/Last Reporting Friday of the Month |
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2006-07 |
2007-08 |
2008-09 |
April 11, 2008 |
April 25, 2008 |
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1 |
2 |
3 |
4 |
5 |
6 |
|||
1. |
Net Bank Credit to Government (A+B) |
8,34,235 |
9,05,847 |
12,83,165 |
8,88,632 |
9,06,376 |
||
A. |
RBI’s net credit to Government (i-ii) |
2,423 |
-1,13,209 |
69,913 |
-1,72,832 |
-1,60,485 |
||
(i) |
Claims on Government (a+b) |
97,512 |
1,16,194 |
1,58,132 |
23,971 |
28,649 |
||
(a) Central Government (1) |
97,184 |
1,14,725 |
1,57,488 |
23,011 |
28,179 |
|||
(b) State Governments |
328 |
1,468 |
644 |
960 |
471 |
|||
(ii) |
Government deposits with RBI (a+b) |
95,089 |
2,29,403 |
88,218 |
1,96,803 |
1,89,135 |
||
(a) Central Government |
95,048 |
2,29,361 |
88,177 |
1,96,762 |
1,89,093 |
|||
(b) State Governments |
41 |
41 |
41 |
41 |
41 |
|||
B. |
Other Banks’ Credit to Government |
8,31,812 |
10,19,056 |
12,13,252 |
10,61,464 |
10,66,861 |
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2. |
Bank Credit to Commercial Sector(A+B) |
21,30,078 |
25,77,137 |
30,12,673 |
25,45,765 |
25,38,694 |
||
A. |
RBI’s credit to commercial sector (2) |
1,537 |
1,788 |
13,820 |
1,383 |
1,383 |
||
B. |
Other banks’ credit to commercial sector (i+ii+iii) |
21,28,541 |
25,75,349 |
29,98,853 |
25,44,382 |
25,37,311 |
||
(i) |
Bank credit by commercial banks |
19,31,189 |
23,61,914 |
27,70,012 |
23,32,808 |
23,25,134 |
||
(ii) |
Bank credit by co-operative banks |
1,78,229 |
1,96,695 |
2,07,464 |
1,95,031 |
1,95,491 |
||
(iii) |
Investments by commercial and co-operative banks in other securities |
19,123 |
16,740 |
21,376 |
16,543 |
16,686 |
||
3. |
Net Foreign Exchange Assets of Banking Sector (A+B) |
9,13,179 |
12,95,131 |
13,22,847 |
13,04,576 |
13,13,863 |
||
A. |
RBIs net foreign exchange assets (i-ii)(3) |
8,66,153 |
12,36,130 |
12,80,116 |
12,45,574 |
12,54,862 |
||
(i) |
Gross foreign assets |
8,66,170 |
12,36,147 |
12,80,133 |
12,45,592 |
12,54,879 |
||
(ii) |
Foreign liabilities |
17 |
17 |
17 |
17 |
17 |
||
B. |
Other banks’ net foreign exchange assets |
47,026 |
59,001 |
42,731 |
59,001 |
59,001 |
||
4. |
Government’s Currency Liabilities to the Public |
8,161 |
9,224 |
9,984 |
9,224 |
9,319 |
||
5. |
Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B) |
5,69,660 |
7,69,767 |
8,70,165 |
7,21,279 |
7,28,445 |
||
A. |
Net non-monetary liabilities of RBI(3) |
1,77,019 |
2,10,221 |
3,96,289 |
2,09,968 |
2,17,239 |
||
B. |
Net non-monetary liabilities of other banks(residual) |
3,92,641 |
5,59,546 |
4,73,877 |
5,11,311 |
5,11,206 |
||
M3 (1+2+3+4-5) |
33,15,993 |
40,17,573 |
47,58,504 |
40,26,918 |
40,39,807 |
No. 11: Sources of Money Stock (M3) (Concld.) |
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(Rs.crore) |
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Source |
Outstandings as on March 31/Reporting Fridays of the Month/Last Reporting Friday of the Month |
||||||||
December 2008 |
January 2009 |
February 2009 |
March 2009 |
April 10, 2009 |
April 24, 2009 |
||||
1 |
7 |
8 |
9 |
10 |
11 |
12 |
|||
1. |
Net Bank Credit to Government (A+B) |
11,02,280 |
11,77,182 |
11,97,044 |
12,83,165 |
12,87,682 |
13,35,940 |
||
A. |
RBI’s net credit to Government (i-ii) |
-31,632 |
-46,952 |
-39,791 |
69,913 |
-8,967 |
51,150 |
||
(i) |
Claims on Government (a+b) |
88,560 |
61,954 |
62,342 |
1,58,132 |
62,320 |
1,21,508 |
||
(a) Central Government (1) |
88,255 |
61,174 |
62,099 |
1,57,488 |
61,063 |
1,20,777 |
|||
(b) State Governments |
305 |
779 |
243 |
644 |
1,257 |
731 |
|||
(ii) |
Government deposits with RBI (a+b) |
1,20,192 |
1,08,906 |
1,02,133 |
88,218 |
71,287 |
70,358 |
||
(a) Central Government |
1,20,151 |
1,08,864 |
1,02,091 |
88,177 |
71,246 |
70,317 |
|||
(b) State Governments |
41 |
41 |
41 |
41 |
41 |
41 |
|||
B. |
Other Banks’ Credit to Government |
11,33,913 |
12,24,134 |
12,36,834 |
12,13,252 |
12,96,648 |
12,84,790 |
||
2. |
Bank Credit to Commercial Sector(A+B) |
28,56,874 |
28,58,871 |
29,01,670 |
30,12,673 |
30,16,045 |
29,89,128 |
||
A. |
RBI’s credit to commercial sector (2) |
1,381 |
4,399 |
6,841 |
13,820 |
13,370 |
13,036 |
||
B. |
Other banks’ credit to commercial sector (i+ii+iii) |
28,55,494 |
28,54,472 |
28,94,830 |
29,98,853 |
30,02,675 |
29,76,092 |
||
(i) |
Bank credit by commercial banks |
26,43,734 |
26,37,780 |
26,68,090 |
27,70,012 |
27,71,441 |
27,46,175 |
||
(ii) |
Bank credit by co-operative banks |
1,96,917 |
2,03,199 |
2,05,624 |
2,07,464 |
2,09,610 |
2,08,040 |
||
(iii) |
Investments by commercial and co-operative banks in other securities |
14,843 |
13,493 |
21,115 |
21,376 |
21,625 |
21,877 |
||
3. |
Net Foreign Exchange Assets of Banking Sector (A+B) |
12,36,799 |
12,57,323 |
13,03,156 |
13,22,847 |
13,02,691 |
13,03,950 |
||
A. |
RBI’s net foreign exchange assets |
11,94,068 |
12,14,592 |
12,60,424 |
12,80,116 |
12,59,959 |
12,61,219 |
||
(i) |
Gross foreign assets |
11,94,086 |
12,14,609 |
12,60,442 |
12,80,133 |
12,59,977 |
12,61,236 |
||
(ii) |
Foreign liabilities |
17 |
17 |
17 |
17 |
17 |
17 |
||
B. |
Other banks’ net foreign exchange assets |
42,731 |
42,731 |
42,731 |
42,731 |
42,731 |
42,731 |
||
4. |
Government’s Currency Liabilities to the Public |
9,841 |
9,817 |
9,984 |
9,984 |
9,984 |
9,984 |
||
5. |
Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B) |
7,69,109 |
7,49,702 |
7,69,144 |
8,70,165 |
7,62,490 |
7,57,074 |
||
A. |
Net non-monetary liabilities of RBI(3) |
2,98,807 |
3,13,735 |
3,56,854 |
3,96,289 |
3,71,541 |
3,78,114 |
||
B. |
Net non-monetary liabilities of other banks(residual) |
4,70,302 |
4,35,967 |
4,12,290 |
4,73,877 |
3,90,949 |
3,78,960 |
||
M3 (1+2+3+4-5) |
44,36,686 |
45,53,490 |
46,42,710 |
47,58,504 |
48,53,911 |
48,81,928 |
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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. |