11. Sources of money stock (M3) - ਆਰਬੀਆਈ - Reserve Bank of India
11. Sources of money stock (M3)
(Rs. crore) |
|||||||
Source |
Outstandings as on March 31/Reporting Fridays of the Month/Last Reporting Friday of the Month |
||||||
2006-07 |
2007-08 |
2008-09 |
June 6, 2008 |
June 20, 2008 |
|||
1 |
2 |
3 |
4 |
5 |
6 |
||
1. |
Net Bank Credit to Government (A+B) |
8,27,626 |
8,99,518 |
12,77,199 |
9,40,825 |
9,35,642 |
|
|
A. |
RBI’s net credit to Government (i-ii) |
2,423 |
-1,13,209 |
61,580 |
-1,24,207 |
-1,13,222 |
|
|
(i) Claims on Government (a+b) |
97,512 |
1,16,194 |
1,59,166 |
50,368 |
75,511 |
|
|
(a) Central Government (1) |
97,184 |
1,14,725 |
1,57,488 |
50,368 |
75,485 |
|
|
(b) State Governments |
328 |
1,468 |
1,678 |
- |
25 |
|
|
(ii) Government deposits with RBI (a+b) |
95,089 |
2,29,403 |
97,586 |
1,74,574 |
1,88,733 |
|
|
(a) Central Government |
95,048 |
2,29,361 |
95,727 |
1,74,533 |
1,88,692 |
|
|
(b) State Governments |
41 |
41 |
1,859 |
41 |
41 |
|
B. |
Other Banks’ Credit to Government |
8,25,204 |
10,12,727 |
12,15,619 |
10,65,032 |
10,48,864 |
2. |
Bank Credit to Commercial Sector (A+B) |
21,28,862 |
25,78,990 |
30,13,337 |
26,02,789 |
26,09,800 |
|
|
A. |
RBI’s credit to commercial sector (2) |
1,537 |
1,788 |
13,820 |
1,383 |
1,408 |
|
B. |
Other banks’ credit to commercial sector (i+ii+iii) |
21,27,325 |
25,77,201 |
29,99,517 |
26,01,406 |
26,08,393 |
|
|
(i) Bank credit by commercial banks |
19,31,189 |
23,61,914 |
27,75,549 |
23,83,344 |
23,93,239 |
|
|
(ii) Bank credit by co-operative banks |
1,77,344 |
1,98,816 |
2,09,828 |
2,00,839 |
1,98,693 |
|
|
(iii) Investments by commercial and co-operative banks in other securities |
18,792 |
16,472 |
14,139 |
17,223 |
16,461 |
3. |
Net Foreign Exchange Assets of Banking Sector (A+B) |
9,13,179 |
12,95,131 |
13,52,184 |
14,07,204 |
13,61,990 |
|
|
A. |
RBI’s net foreign exchange assets (i-ii)(3) |
8,66,153 |
12,36,130 |
12,80,116 |
13,48,203 |
13,40,062 |
|
|
(i) Gross foreign assets |
8,66,170 |
12,36,147 |
12,80,133 |
13,48,220 |
13,40,079 |
|
|
(ii) Foreign liabilities |
17 |
17 |
17 |
17 |
17 |
|
B. |
Other banks’ net foreign exchange assets |
47,026 |
59,001 |
72,068 |
59,001 |
21,928 |
4. |
Government’s Currency Liabilities to the Public |
8,161 |
9,224 |
10,054 |
9,385 |
9,449 |
|
5. |
Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B) |
5,67,761 |
7,64,980 |
8,88,754 |
8,45,194 |
8,09,715 |
|
|
A. |
Net non-monetary liabilities of RBI(3) |
1,77,019 |
2,10,221 |
3,87,927 |
3,02,928 |
3,07,590 |
|
B. |
Net non-monetary liabilities of other banks(residual) |
3,90,742 |
5,54,759 |
5,00,828 |
5,42,266 |
5,02,125 |
M3 (1+2+3+4-5) |
33,10,068 |
40,17,883 |
47,64,019 |
41,15,010 |
41,07,165 |
No. 11: Sources of Money Stock (M3) (Concld.) |
||||||||
(Rs.crore) |
||||||||
Source |
Outstandings as on March 31/Reporting Fridays of the Month/Last Reporting Friday of the Month |
|||||||
February 2009 |
March 2009 |
April 2009 |
May 2009 |
June 5, 2009 |
June 19, 2009 |
|||
1 |
7 |
8 |
9 |
10 |
11 |
12 |
||
1. |
Net Bank Credit to Government (A+B) |
11,96,919 |
12,77,199 |
13,37,262 |
13,61,107 |
13,82,793 |
13,89,955 |
|
|
A. |
RBI’s net credit to Government (i-ii) |
-39,791 |
61,580 |
51,150 |
57,275 |
60,134 |
50,435 |
|
|
(i) Claims on Government (a+b) |
62,342 |
1,59,166 |
1,21,508 |
97,306 |
1,00,166 |
73,466 |
|
|
(a) Central Government (1) |
62,099 |
1,57,488 |
1,20,777 |
97,306 |
1,00,166 |
73,255 |
|
|
(b) State Governments |
243 |
1,678 |
731 |
- |
- |
212 |
|
|
(ii) Government deposits with RBI (a+b) |
1,02,133 |
97,586 |
70,358 |
40,032 |
40,032 |
23,032 |
|
|
(a) Central Government |
1,02,091 |
95,727 |
70,317 |
39,990 |
39,991 |
22,991 |
|
|
(b) State Governments |
41 |
1,859 |
41 |
41 |
41 |
41 |
|
B. |
Other Banks’ Credit to Government |
12,36,710 |
12,15,619 |
12,86,112 |
13,03,833 |
13,22,660 |
13,39,520 |
2. |
Bank Credit to Commercial Sector (A+B) |
28,96,375 |
30,13,337 |
29,78,813 |
29,82,991 |
30,04,799 |
30,14,976 |
|
|
A. |
RBI’s credit to commercial sector (2) |
6,841 |
13,820 |
13,036 |
12,995 |
12,641 |
12,745 |
|
B. |
Other banks’ credit to commercial sector (i+ii+iii) |
28,89,535 |
29,99,517 |
29,65,777 |
29,69,996 |
29,92,158 |
30,02,232 |
|
|
(i) Bank credit by commercial banks |
26,67,928 |
27,75,549 |
27,44,490 |
27,35,750 |
27,57,210 |
27,70,216 |
|
|
(ii) Bank credit by co-operative banks |
2,07,862 |
2,09,828 |
2,07,173 |
2,12,833 |
2,13,506 |
2,11,282 |
|
|
(iii) Investments by commercial and co-operative banks in other securities |
13,744 |
14,139 |
14,115 |
21,413 |
21,442 |
20,734 |
3. |
Net Foreign Exchange Assets of Banking Sector (A+B) |
13,03,156 |
13,52,184 |
13,33,287 |
13,00,114 |
12,97,374 |
13,35,434 |
|
|
A. |
RBI’s net foreign exchange assets (i-ii)(3) |
12,60,424 |
12,80,116 |
12,61,219 |
12,28,046 |
12,25,306 |
12,63,366 |
|
|
(i) Gross foreign assets |
12,60,442 |
12,80,133 |
12,61,236 |
12,28,063 |
12,25,323 |
12,63,383 |
|
|
(ii) Foreign liabilities |
17 |
17 |
17 |
17 |
17 |
17 |
|
B. |
Other banks’ net foreign exchange assets |
42,731 |
72,068 |
72,068 |
72,068 |
72,068 |
72,068 |
4. |
Government’s Currency Liabilities to the Public |
9,984 |
10,054 |
10,121 |
10,212 |
10,212 |
10,212 |
|
5. |
Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B) |
7,51,753 |
8,88,754 |
7,83,034 |
7,16,146 |
7,48,416 |
8,13,856 |
|
|
A. |
Net non-monetary liabilities of RBI(3) |
3,56,855 |
3,87,927 |
3,78,042 |
3,53,101 |
3,50,998 |
3,88,008 |
|
B. |
Net non-monetary liabilities of other banks(residual) |
3,94,898 |
5,00,828 |
4,04,993 |
3,63,044 |
3,97,418 |
4,25,847 |
|
M3(1+2+3+4-5) |
46,54,682 |
47,64,019 |
48,76,448 |
49,38,278 |
49,46,761 |
49,36,721 |
|
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. |