7. Money Stock : Components and Sources - ଆରବିଆଇ - Reserve Bank of India
7. Money Stock : Components and Sources
(Rs. crore) | |||||||||||||
Outstanding as on | Variation over | ||||||||||||
Financial year so far | Year-on-year | ||||||||||||
2004 | Fortnight | ||||||||||||
2003-2004 | 2004-2005 | 2003 | 2004 | ||||||||||
Item | Mar. 31# | Dec. 10# | Amount % | Amount | % | Amount | % | Amount | % | Amount | % | ||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
20,03,102 | 21,52,037 | 12,916 | 0.6 | 1,76,621 | 10.3 | 1,48,935 | 7.4 | 2,16,823 | 12.9 | 2,57,457 | 13.6 | ||
M3 | |||||||||||||
(21,48,468) | (1,45,366) | (7.3) | (2,53,888) | (13.4) | |||||||||
Components (i+ii+iii+iv) | |||||||||||||
(i) | Currency with the Public | 3,15,493 | 3,45,214 | 2,114 | 0.6 | 32,167 | 11.8 | 29,721 | 9.4 | 38,600 | 14.6 | 41,465 | 13.7 |
(ii) | Demand deposits with banks | 2,56,039 | 2,61,953 | 3,197 | 1.2 | 18,155 | 9.1 | 5,914 | 2.3 | 32,732 | 17.8 | 45,041 | 20.8 |
(iii) | Time deposits with banks @ | 14,26,451 | 15,40,773 | 7,750 | 0.5 | 1,26,173 | 10.1 | 1,14,322 | 8.0 | 1,45,067 | 11.8 | 1,70,222 | 12.4 |
(15,37,204) | (1,10,753) | (7.8) | (1,66,653) | (12.2) | |||||||||
(iv) | "Other" deposits with Reserve Bank | 5,119 | 4,097 | –144 | –3.4 | 126 | 3.9 | –1,022 | –20.0 | 424 | 14.4 | 729 | 21.6 |
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net Bank credit to Government (a+b) | 7,45,499 | 7,39,636 | –6,406 | –0.9 | 51,417 | 7.6 | –5,862 | –0.8 | 71,029 | 10.8 | 11,696 | 1.6 |
(7,27,443) | (–18,055) | (–2.4) | (–497) | (–0.1) | |||||||||
(a) Reserve Bank | 44,907 | 5,101 | –13,103 | –72.0 | –61,246 | –50.8 | –39,807 | –88.6 | –63,589 | –51.7 | –54,333 | –91.4 | |
(b) Other Banks | 7,00,591 | 7,34,536 | 6,698 | 0.9 | 1,12,663 | 20.3 | 33,944 | 4.8 | 1,34,618 | 25.2 | 66,029 | 9.9 | |
(ii) | Bank credit to commercial sector (a+b) | 10,17,902 | 11,95,608 | 4,420 | 0.4 | 46,758 | 5.2 | 1,77,705 | 17.5 | 99,706 | 11.8 | 2,49,869 | 26.4 |
(11,62,926) | (1,45,023) | (14.2) | (2,17,187) | (23.0) | |||||||||
(a) Reserve Bank | 2,061 | 1,889 | — | — | –958 | –31.4 | –172 | –8.3 | –870 | –29.4 | –201 | –9.6 | |
(b) Other Banks | 10,15,841 | 11,93,718 | 4,420 | 0.4 | 47,716 | 5.3 | 1,77,877 | 17.5 | 1,00,576 | 11.9 | 2,50,069 | 26.5 | |
(iii) | Net foreign exchange assets of banking sector | 5,26,586 | 6,14,523 | 6,791 | 1.1 | 89,861 | 22.8 | 87,937 | 16.7 | 1,07,639 | 28.6 | 1,30,948 | 27.1 |
(iv) | Government's currency liabilities to the public | 7,296 | 7,339 | — | — | 191 | 2.7 | 44 | 0.6 | 356 | 5.1 | 77 | 1.1 |
(v) | Banking sector's net non-monetary liabilities | ||||||||||||
other than time deposits | 2,94,181 | 4,05,069 | –8,111 | –2.0 | 11,606 | 4.5 | 1,10,888 | 37.7 | 61,906 | 29.8 | 1,35,133 | 50.1 | |
of which : Net non-monetary liabilities of RBI | 1,07,585 | 1,37,115 | –5,858 | –4.1 | 22 | — | 29,530 | 27.4 | 7,748 | 6.5 | 9,952 | 7.8 | |
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |