Appendix Table III.4 : New Monetary Aggregates - ଆରବିଆଇ - Reserve Bank of India
Appendix Table III.4 : New Monetary Aggregates
(Amount in Rupees crore) |
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Outstan- |
Variations |
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ding as on |
Financial year |
April-June |
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Item |
March 31, |
2000-01P |
1999-2000 |
2001-02P |
2000-01P |
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2001P |
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Absolute |
Per cent |
Absolute |
Per cent |
Absolute |
Per cent |
Absolute |
Per cent |
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
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Monetary Aggregates |
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M1 |
(C.I+C.II.1+C.III) |
3,78,431 |
36,635 |
10.7 |
32,728 |
10.6 |
15,967 |
4.2 |
11,232 |
3.3 |
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NM2 |
(M1+C.II.2.1) |
758,914 |
89,182 |
13.3 |
81,338 |
13.8 |
38,798 |
5.1 |
28,384 |
4.2 |
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NM3 |
(NM2+C.II.2.2+C.IV = |
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S.I+S.II+S.III-S.IV-S.V) |
12,26,514 |
1,53,238 |
14.3 |
1,42,342 |
15.3 |
66,353 |
5.4 |
49,067 |
4.6 |
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Components |
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C.I |
Currency with the Public |
2,09,445 |
20,363 |
10.8 |
20,137 |
11.9 |
12,294 |
5.9 |
8,415 |
4.5 |
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C.II |
Aggregate Deposits of Residents |
10,10,873 |
1,32,447 |
15.1 |
1,21,314 |
16.0 |
54,049 |
5.3 |
39,317 |
4.5 |
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(C.II.1+C.II.2) |
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C.II.1 |
Demand Deposits |
1,65,357 |
15,676 |
10.5 |
13,295 |
9.7 |
3,315 |
2.0 |
1,203 |
0.8 |
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C.II.2 |
Time Deposits of Residents |
8,45,516 |
1,16,771 |
16.0 |
1,08,019 |
17.4 |
50,735 |
6.0 |
38,114 |
5.2 |
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(C.II.2.1+C.II.2.2) |
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C.II.2.1 |
Short-term |
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Time Deposits |
3,80,482 |
52,547 |
16.0 |
48,608 |
17.4 |
22,831 |
6.0 |
17,151 |
5.2 |
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C.II.2.1.1 |
Certificates of |
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Deposits (CDs) |
1,012 |
-471 |
-31.8 |
-3,772 |
-71.8 |
166 |
16.4 |
-265 |
-17.9 |
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C.II.2.2 |
Long-term Time |
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Deposits |
4,65,034 |
64,224 |
16.0 |
59,410 |
17.4 |
27,904 |
6.0 |
20,963 |
5.2 |
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C.III |
'Other' Deposits with the RBI |
3,630 |
596 |
19.6 |
-703 |
-18.8 |
359 |
9.9 |
1,614 |
53.2 |
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C.IV |
Call/Term Funding from |
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Financial Institutions |
2,566 |
-168 |
-6.1 |
1,594 |
139.8 |
-349 |
-13.6 |
-279 |
-10.2 |
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Sources |
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S.I |
Domestic Credit (S.I.1+S.I.2) |
13,11,156 |
1,72,571 |
15.2 |
1,69,996 |
17.6 |
49,887 |
3.8 |
49,054 |
4.3 |
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S.I.1 |
Net Bank Credit to the |
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Government (S.I.1.1+S.I.1.2) |
5,12,509 |
71,130 |
16.1 |
54,702 |
14.1 |
39,838 |
7.8 |
29,209 |
6.6 |
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S.I.1.1 |
Net RBI credit to |
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the Government |
1,53,877 |
5,613 |
3.8 |
-4,275 |
-2.8 |
15,742 |
10.2 |
8,303 |
5.6 |
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S.I.1.2 |
Credit to the |
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Government by the |
3,58,632 |
65,517 |
22.4 |
58,977 |
25.2 |
24,096 |
6.7 |
20,906 |
7.1 |
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Banking System |
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S.I.2 |
Bank Credit to the |
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Commercial Sector |
7,98,647 |
1,01,440 |
14.5 |
1,15,295 |
19.8 |
10,049 |
1.3 |
19,845 |
2.8 |
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(S.I.2.1+S.I.2.2) |
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S.I.2.1 |
RBI Credit to the |
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Commercial Sector |
19,887 |
-1,267 |
-6.0 |
3,279 |
18.3 |
-3,885 |
-19.5 |
-3,932 |
-18.6 |
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S.I.2.2 |
Credit to the |
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Commercial Sector |
7,78,760 |
1,02,708 |
15.2 |
1,12,016 |
19.9 |
13,934 |
1.8 |
23,777 |
3.5 |
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by the Banking |
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System |
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S.I.2.2.1 |
Other Investments |
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(Non-SLR Securities) |
1,19,046 |
15,994 |
15.5 |
23,269 |
29.2 |
2,140 |
1.8 |
4,339 |
4.2 |
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S.II |
Government's Currency |
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Liabilities to the Public |
5,354 |
776 |
16.9 |
732 |
19.0 |
0 |
0.0 |
182 |
4.0 |
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S.III |
Net Foreign Exchange Assets of |
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the Banking Sector (S.III.1+S.III.2) |
1,61,246 |
18,850 |
13.2 |
17,585 |
14.1 |
12,170 |
7.5 |
-1,222 |
-0.9 |
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S.III.1 |
Net Foreign Exchange Assets |
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of the RBI |
1,97,175 |
31,295 |
18.9 |
27,927 |
20.2 |
7,187 |
3.6 |
-1,824 |
-1.1 |
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S.III.2 |
Net Foreign Currency Assets |
-35,929 |
-12,445 |
53.0 |
-10,341 |
78.7 |
4,983 |
-13.9 |
602 |
-2.6 |
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of the Banking System |
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S.IV |
Capital Account |
1,54,240 |
18,822 |
13.9 |
12,797 |
10.4 |
6,137 |
4.0 |
14,768 |
10.9 |
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S.V |
Other items (net) |
97,002 |
20,135 |
26.2 |
33,174 |
75.9 |
-10,433 |
-10.8 |
-15,820 |
-20.6 |
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Note : |
1. Data are provisional. |
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2. The details of the compilation of the new monetary aggregates are available in the report of the Working Group on Money Supply : Analytics and Methodology of Compilation (Chairman: Dr. Y.V. Reddy), June 1998. A link series between the old and present monetary series has been published in the article entitled "New Monetary Aggregates: An Introduction", RBI Bulletin, October 1999. |