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Table 45 : Average Monetary Aggregates

(` Billion)

Year

Currency with the Public

Demand Deposits

Time Deposits

'Other' Deposits with the RBI

Reserve Money (M0)

Narrow Money (M1)

Broad Money (M3)

Net Bank Credit to Govern-ment

Bank Credit to Commer-cial Sector

Net Foreign Exchange Assets of the Banking Sector

Govern- ment's Currency Liabili-ties to the Public

Banking Sector's Net Non-monetary Liabili-ties

1

2

3

4

5

6

7

8

9

10

11

12

13

1954-55

12.85

5.55

3.99

0.09

13.94

18.50

22.49

-

-

-

-

-

1955-56

14.32

6.08

4.56

0.08

15.42

20.49

25.05

-

-

-

-

-

1956-57

15.61

6.54

5.08

0.08

16.72

22.22

27.30

-

-

-

-

-

1957-58

16.09

7.12

6.56

0.13

17.59

23.34

29.91

-

-

-

-

-

1958-59

16.74

7.08

8.69

0.12

18.28

23.94

32.64

-

-

-

-

-

1959-60

18.14

7.23

11.04

0.14

19.66

25.51

36.55

-

-

-

-

-

1960-61

19.56

7.50

11.77

0.18

21.32

27.25

39.02

-

-

-

-

-

1961-62

20.62

7.67

11.54

0.20

22.24

28.49

40.04

-

-

-

-

-

1962-63

22.35

8.45

12.92

0.21

23.99

31.02

43.93

-

-

-

-

-

1963-64

24.38

10.12

13.13

0.25

26.15

34.75

47.88

-

-

-

-

-

1964-65

26.34

12.04

14.03

0.27

28.29

38.65

52.69

-

-

-

-

-

1965-66

28.41

13.76

15.70

0.20

30.45

42.37

58.07

-

-

-

-

-

1966-67

30.28

15.84

18.21

0.29

32.74

46.41

64.62

-

-

-

-

-

1967-68

31.99

17.79

20.33

0.31

34.72

50.09

70.42

-

-

-

-

-

1968-69

34.36

19.27

23.66

0.64

37.67

54.28

77.93

-

-

-

-

-

1969-70

37.64

21.99

28.16

0.58

41.51

60.21

88.38

-

-

-

-

-

1970-71

41.43

27.03

34.23

0.57

45.78

69.03

103.26

49.69

59.39

6.27

3.72

15.80

1971-72

45.60

31.30

40.73

0.50

50.52

77.40

118.14

59.73

67.80

5.99

3.99

19.38

1972-73

49.48

37.71

49.68

0.59

55.34

87.78

137.46

72.37

77.78

5.84

4.28

22.81

1973-74

58.23

44.99

61.11

0.41

67.78

103.63

164.74

86.07

94.98

6.06

4.85

27.22

1974-75

62.92

52.35

71.40

0.51

72.62

115.78

187.17

94.29

115.37

5.16

5.20

32.84

1975-76

65.21

59.87

84.91

0.55

74.93

125.62

210.52

104.88

137.38

5.09

5.49

42.32

1976-77

72.84

71.28

107.52

0.73

86.10

144.85

252.37

107.86

171.51

16.78

5.57

49.34

1977-78

82.32

82.01

137.66

0.63

102.37

164.96

302.63

123.26

195.95

36.86

5.86

59.30

1978-79

94.16

59.70

209.05

1.43

123.67

155.29

364.34

142.63

232.06

48.97

6.05

65.38

1979-80

109.92

72.22

253.13

2.66

152.02

184.79

437.92

172.99

281.61

55.63

5.98

78.28

1980-81

123.64

82.90

300.75

2.37

172.53

208.91

509.66

225.29

329.62

49.03

6.06

100.34

1981-82

138.78

98.89

358.57

1.69

196.58

239.36

597.93

282.35

398.46

36.54

6.41

125.83

1982-83

155.31

108.86

419.52

1.46

217.73

265.63

685.15

342.34

463.07

19.97

6.73

146.96

1983-84

180.07

122.96

501.01

1.73

251.29

304.76

805.77

389.56

548.72

16.94

7.02

156.47

1984-85

213.40

143.87

592.39

3.29

303.52

360.56

952.95

463.65

650.91

21.61

7.49

190.70

1985-86

239.16

166.74

702.49

2.57

342.64

408.47

1110.96

555.95

750.38

30.83

8.37

234.56

1986-87

268.58

197.23

838.17

2.54

405.20

468.36

1306.53

670.24

863.41

38.12

10.70

275.95

1987-88

313.01

221.96

993.93

3.18

497.95

538.14

1532.07

798.05

982.62

45.46

12.98

307.04

1988-89

356.82

257.57

1178.49

3.99

583.21

618.38

1796.87

945.28

1145.48

54.32

14.34

362.55

1989-90

423.69

313.57

1396.31

4.99

694.13

742.25

2138.56

1100.20

1374.61

62.16

15.22

413.63

1990-91

497.72

364.22

1622.76

10.23

802.43

872.17

2494.93

1317.50

1587.90

76.62

15.92

503.01

1991-92

573.27

452.99

1884.33

13.45

940.90

1039.70

2924.03

1558.34

1757.16

134.90

16.64

542.85

1992-93

644.50

515.77

2241.88

40.23

1077.40

1200.50

3442.38

1706.92

2041.64

206.39

17.68

530.39

1993-94

762.12

568.41

2626.96

33.00

1251.82

1363.53

3990.48

1969.82

2264.73

322.74

19.08

583.65

1994-95

922.82

733.10

3089.96

36.08

1531.65

1692.00

4781.96

2156.07

2564.10

694.05

21.26

653.53

1995-96

1120.80

802.78

3546.70

59.25

1782.45

1982.83

5529.53

2421.99

3098.03

776.99

23.88

791.36

1996-97

1267.12

897.45

4208.68

53.07

1895.24

2217.64

6426.31

2783.13

3494.93

911.87

27.59

791.20

1997-98

1421.87

1022.44

5035.63

40.35

2089.94

2484.65

7520.28

3130.98

3910.28

1174.94

31.46

727.40

1998-99

1588.54

1171.90

6216.56

35.94

2346.25

2796.38

9012.94

3695.36

4496.40

1542.67

36.16

757.65

1999-00

1847.02

1323.48

7353.95

35.80

2623.07

3206.30

10560.25

4249.90

5241.36

1858.34

42.44

831.79

2000-01

2015.81

1518.26

8675.00

31.86

2826.83

3565.92

12240.92

4837.61

6297.05

2192.82

49.87

1136.42

2001-02

2271.64

1675.05

10223.24

30.32

3140.52

3977.01

14200.25

5646.39

7101.39

2727.89

58.63

1334.06

2002-03

2586.75

1838.04

12024.41

30.56

3430.60

4455.35

16479.76

6414.14

8360.14

3584.98

67.81

1947.31

2003-04

2947.97

2161.96

13469.44

36.67

3907.36

5146.60

18616.04

7187.05

9344.30

4577.86

72.23

2565.40

2004-05

3365.28

2591.16

15211.16

47.26

4448.87

6003.69

21214.85

7499.70

11304.70

5924.52

73.73

3587.81

2005-06

3828.89

3261.89

17347.31

49.82

5127.93

7140.60

24487.91

7617.91

14391.57

6622.86

80.09

4224.52

2006-07

4513.25

4016.39

20915.12

58.25

6174.00

8587.88

29503.00

7995.55

18448.61

8241.46

79.27

5261.90

2007-08

5174.34

4713.24

26084.16

63.05

7869.95

9950.63

36034.79

8639.29

22563.00

10431.45

87.40

5686.35

2008-09

6147.96

5186.97

32040.58

61.47

9139.63

11396.41

43436.98

10370.45

27606.48

13167.02

96.89

7803.85

2009-10

7133.87

6011.99

38580.31

52.85

9965.43

13198.71

51779.02

14782.18

31420.04

13311.79

106.70

7841.68

2010-11

8444.42

6825.44

44297.33

43.67

12009.85

15313.53

59610.86

17823.81

37450.95

13331.99

119.52

9115.41

2011-12

9698.34

6596.30

53356.88

21.48

13817.39

16316.13

69673.00

21877.54

45004.82

14963.66

135.22

12308.24

Note : 1. Data for 2011-12 are provisional.
2. Data include the impact of merger in the banking system on May 3, 2002 and conversion of a non-banking entity into a banking entity on October 11, 2004.
Also see Notes on Tables.

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