7. Money Stock : Components and Sources - ਆਰਬੀਆਈ - 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 | Jul. 9# | Amount % | Amount | % | Amount | % | Amount | % | Amount | % | ||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
20,03,102 | 20,88,458 | 11,442 | 0.6 | 92,771 | 5.4 | 85,355 | 4.3 | 1,94,682 | 12.0 | 2,77,727 | 15.3 | ||
M3 | |||||||||||||
Components (i+ii+iii+iv) | |||||||||||||
(i) | Currency with the Public | 3,15,493 | 3,30,235 | 1,197 | 0.4 | 18,433 | 6.8 | 14,743 | 4.7 | 31,710 | 12.3 | 40,221 | 13.9 |
(ii) | Demand deposits with banks | 2,56,039 | 2,42,537 | –2,081 | –0.9 | 3,187 | 1.6 | –13,502 | –5.3 | 26,038 | 14.8 | 40,593 | 20.1 |
(iii) | Time deposits with banks @ | 14,26,451 | 15,11,043 | 11,340 | 0.8 | 70,673 | 5.7 | 84,592 | 5.9 | 1,37,232 | 11.7 | 1,95,991 | 14.9 |
(iv) | "Other" deposits with Reserve Bank | 5,119 | 4,642 | 986 | 27.0 | 478 | 14.7 | –477 | –9.3 | –296 | –7.4 | 922 | 24.8 |
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net Bank credit to Government (a+b) | 7,45,499 | 7,56,276 | 1,428 | 0.2 | 45,119 | 6.7 | 10,777 | 1.4 | 74,432 | 11.5 | 34,634 | 4.8 |
(a) Reserve Bank | 44,907 | 1,270 | –9,495 | –88.2 | –22,258 | –18.4 | –43,638 | –97.2 | –70,991 | –41.9 | –97,151 | –98.7 | |
(b) Other Banks | 7,00,591 | 7,55,006 | 10,923 | 1.5 | 67,377 | 12.1 | 54,415 | 7.8 | 1,45,423 | 30.4 | 1,31,785 | 21.1 | |
(ii) | Bank credit to commercial sector (a+b) | 10,17,902 | 10,65,727 | 7,230 | 0.7 | 4,357 | 0.5 | 47,825 | 4.7 | 84,594 | 10.3 | 1,62,389 | 18.0 |
(a) Reserve Bank | 2,061 | 1,889 | — | — | –85 | –2.8 | –172 | –8.3 | 35 | 1.2 | –1,074 | –36.2 | |
(b) Other Banks | 10,15,841 | 10,63,837 | 7,230 | 0.7 | 4,442 | 0.5 | 47,997 | 4.7 | 84,559 | 10.4 | 1,63,463 | 18.2 | |
(iii) | Net foreign exchange assets of banking sector | 5,26,586 | 5,88,904 | 4,793 | 0.8 | 27,167 | 6.9 | 62,318 | 11.8 | 83,008 | 24.6 | 1,68,023 | 39.9 |
(iv) | Government's currency liabilities to the public | 7,296 | 7,312 | — | — | 84 | 1.2 | 17 | 0.2 | 621 | 9.5 | 157 | 2.2 |
(v) | Banking sector's net non-monetary liabilities | ||||||||||||
other than time deposits | 2,94,181 | 3,29,762 | 2,009 | 0.6 | –16,044 | –6.2 | 35,581 | 12.1 | 47,971 | 24.7 | 87,476 | 36.1 | |
of which : Net non-monetary liabilities of RBI | 1,07,585 | 1,36,657 | 1,828 | 1.4 | –4,762 | –3.7 | 29,072 | 27.0 | 816 | 0.7 | 14,277 | 11.7 | |
@ : Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), |