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Table 43 : Components of Money Stock

(` Billion)

Year

Currency in Circula-tion

Cash with Banks

Currency with the Public (2-3)

'Other' Deposits with the RBI

Bankers' Deposits with the RBI

Demand Deposits

Time Deposits

Reserve Money (2+5+6)

Narrow Money (4+5+7)

Broad Money (8+10)

1

2

3

4

5

6

7

8

9

10

11

1955-56

16.14

0.43

15.71

0.09

0.53

6.37

4.66

16.76

22.17

26.83

1956-57

16.68

0.45

16.23

0.08

0.58

7.11

5.27

17.34

23.42

28.69

1957-58

17.20

0.46

16.74

0.16

0.68

7.23

7.50

18.04

24.13

31.64

1958-59

18.46

0.54

17.92

0.15

0.68

7.19

9.50

19.29

25.26

34.76

1959-60

20.01

0.70

19.31

0.17

0.93

7.72

11.63

21.11

27.20

38.83

1960-61

21.54

0.56

20.98

0.13

0.71

7.57

10.95

22.39

28.69

39.64

1961-62

22.56

0.54

22.02

0.23

0.73

8.24

11.98

23.52

30.49

42.47

1962-63

24.39

0.60

23.79

0.30

0.77

9.08

12.43

25.46

33.17

45.60

1963-64

26.70

0.64

26.06

0.32

0.79

11.15

12.85

27.81

37.52

50.37

1964-65

28.41

0.72

27.69

0.22

0.99

12.89

14.18

29.62

40.80

54.98

1965-66

31.12

0.78

30.34

0.17

1.04

14.78

16.05

32.33

45.29

61.34

1966-67

32.89

0.90

31.99

0.41

1.34

17.11

18.67

34.64

49.51

68.17

1967-68

34.68

0.92

33.76

0.56

1.37

19.18

21.10

36.62

53.50

74.60

1968-69

37.94

1.12

36.82

0.81

1.94

20.16

25.27

40.69

57.79

83.06

1969-70

41.60

1.65

39.95

0.58

1.73

24.83

31.03

43.90

65.36

96.39

1970-71

45.57

1.86

43.71

0.60

2.05

29.43

36.46

48.22

73.74

110.20

1971-72

50.06

2.05

48.01

0.80

2.96

34.42

43.70

53.82

83.23

126.93

1972-73

56.80

2.42

54.38

0.58

2.95

42.04

53.13

60.33

97.00

150.13

1973-74

65.95

2.74

63.21

0.53

6.25

48.26

64.24

72.73

112.00

176.24

1974-75

67.01

3.54

63.47

0.75

8.28

55.53

75.74

76.04

119.75

195.49

1975-76

70.53

3.48

67.05

0.77

6.78

65.43

91.55

78.08

133.25

224.80

1976-77

82.88

4.15

78.73

1.21

13.89

80.30

117.57

97.98

160.24

277.81

1977-78

91.52

5.21

86.31

0.70

17.19

56.87

185.18

109.41

143.88

329.06

1978-79

108.35

6.04

102.31

1.66

30.81

68.95

228.20

140.82

172.92

401.12

1979-80

123.82

7.28

116.54

3.91

38.00

79.55

272.26

165.73

200.00

472.26

1980-81

143.07

8.81

134.26

4.11

47.34

95.87

323.50

194.52

234.24

557.74

1981-82

154.11

9.37

144.74

1.68

54.19

102.95

378.15

209.98

249.37

627.52

1982-83

176.39

9.80

166.59

1.86

52.85

116.90

446.49

231.10

285.35

731.84

1983-84

206.43

10.40

196.03

2.91

80.60

135.04

531.27

289.94

333.98

865.25

1984-85

238.75

12.03

226.72

5.95

107.46

166.48

630.18

352.16

399.15

1029.33

1985-86

265.24

14.65

250.59

2.89

113.52

187.47

752.99

381.65

440.95

1193.94

1986-87

299.13

15.31

283.82

3.09

145.86

228.25

901.16

448.08

515.16

1416.32

1987-88

351.22

15.63

335.59

3.97

179.70

245.99

1057.20

534.89

585.55

1642.75

1988-89

401.19

17.90

383.29

6.94

221.45

277.63

1267.07

629.58

667.86

1934.93

1989-90

482.86

19.86

463.00

5.98

287.07

341.62

1498.90

775.91

810.60

2309.50

1990-91

552.82

22.34

530.48

6.74

318.23

391.70

1729.36

877.79

928.92

2658.28

1991-92

637.38

26.40

610.98

8.85

348.82

524.23

2026.43

995.05

1144.06

3170.49

1992-93

713.26

30.53

682.73

13.13

381.40

544.80

2399.50

1107.79

1240.66

3640.16

1993-94

853.96

30.95

823.01

25.25

507.51

659.52

2803.06

1386.72

1507.78

4310.84

1994-95

1046.81

40.00

1006.81

33.83

612.18

881.93

3353.38

1692.83

1922.57

5275.96

1995-96

1225.69

43.11

1182.58

33.44

685.44

932.33

3843.56

1944.57

2148.35

5991.91

1996-97

1372.17

51.30

1320.87

31.94

595.74

1053.34

4553.97

1999.85

2406.15

6960.12

1997-98

1510.56

54.77

1455.79

35.41

718.06

1187.25

5534.88

2264.02

2678.44

8213.32

1998-99

1758.46

69.02

1689.44

37.36

797.03

1363.88

6718.92

2592.86

3090.68

9809.60

1999-00

1970.61

79.79

1890.82

30.34

804.60

1496.81

7823.78

2805.55

3417.96

11241.74

2000-01

2182.05

86.54

2095.50

36.13

814.77

1662.70

9337.71

3032.95

3794.33

13132.04

2001-02

2509.74

101.79

2407.94

28.31

841.47

1791.99

10755.12

3379.52

4228.24

14983.36

2002-03

2824.73

108.92

2715.81

32.19

833.46

1987.57

12443.79

3690.38

4735.58

17179.36

2003-04

3270.28

120.57

3149.71

50.97

1043.65

2586.26

14269.60

4364.90

5786.94

20056.54

2004-05

3686.61

123.47

3563.14

64.54

1139.96

2869.98

15958.87

4891.11

6497.66

22456.53

2005-06

4295.78

174.54

4121.24

68.43

1355.11

4074.23

18931.04

5719.32

8263.89

27194.93

2006-07

5040.99

212.44

4828.54

74.67

1972.95

4776.04

23421.13

7088.61

9679.25

33100.38

2007-08

5908.01

223.90

5684.10

90.27

3284.47

5783.72

28620.46

9282.75

11558.10

40178.55

2008-09

6911.53

257.03

6654.50

55.33

2912.75

5886.88

35351.05

9879.61

12596.71

47947.75

2009-10

7995.49

320.56

7674.93

38.06

3522.99

7179.70

41134.30

11556.53

14892.68

56026.98

2010-11

9496.59

378.23

9118.36

36.53

4235.09

7228.56

48657.71

13768.21

16383.45

65041.16

2011-12

10680.59

415.59

10265.00

28.22

3562.91

7049.12

56249.66

14271.72

17342.34

73592.00

Note : 1. Data for 2011-12 are provisional.
2. Excluding the impact of merger on May 3, 2002, data on time deposits and broad money for the year 2002-03 works out to ` 12147.08 billion and ` 16882.89 billion, respectively.
3. Excluding the impact of conversion of a non-banking entity into a banking entity on October 11, 2004, data on time deposits and broad money for the year 2004-05 works out to ` 15923.74 billion and ` 22421.64 billion, respectively.
Also see Notes on Tables

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