7. Money Stock : Components and Sources - ஆர்பிஐ - Reserve Bank of India
7. Money Stock : Components and Sources
(Rs. crore) |
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Outstanding as on |
Variation over |
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2003 |
Fortnight |
Financial year so far |
Year-on-year |
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2002-2003 |
2003-2004 |
2002 |
2003 |
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Item |
Mar. 31# |
Jun. 27# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
|
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
|
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M3 |
17,25,507 |
18,05,959 |
7,047 |
0.4 |
1,11,121 |
7.4 |
80,452 |
4.7 |
2,25,081 |
16.3 |
1,96,483 |
12.2 |
|
[16,95,836] |
[71,416] |
[4.8] |
[1,85,376] |
[13.4] |
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Components (i+ii+iii+iv) |
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(i) |
Currency with the Public |
2,71,545 |
2,87,877 |
–6,359 |
–2.2 |
14,490 |
6.0 |
16,333 |
6.0 |
32,926 |
14.8 |
32,593 |
12.8 |
(ii) |
Demand deposits with banks |
1,97,152 |
2,08,099 |
6,865 |
3.4 |
3,594 |
2.0 |
10,947 |
5.6 |
11,370 |
6.6 |
25,307 |
13.8 |
(iii) |
Time deposits with banks@ |
12,53,568 |
13,05,819 |
5,100 |
0.4 |
92,648 |
8.6 |
52,251 |
4.2 |
1,81,291 |
18.4 |
1,37,658 |
11.8 |
[12,23,897] |
[52,943] |
[4.9] |
[1,41,586] |
[14.3] |
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(iv) |
"Other" deposits with Reserve Bank |
3,242 |
4,163 |
1,442 |
53.0 |
389 |
13.6 |
921 |
28.4 |
–506 |
–13.5 |
925 |
28.6 |
Sources (i+ii+iii+iv-v) |
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(i) |
Net Bank credit to Government (a+b) |
6,75,880 |
7,13,060 |
3,162 |
0.4 |
45,290 |
7.7 |
37,180 |
5.5 |
81,424 |
14.7 |
78,205 |
12.3 |
(a) Reserve Bank |
1,20,102 |
1,16,229 |
–3,075 |
–2.6 |
–4,212 |
–2.8 |
–3,873 |
–3.2 |
–21,653 |
–12.8 |
–31,737 |
–21.4 |
|
(b) Other Banks |
5,55,779 |
5,96,831 |
6,237 |
1.1 |
49,503 |
11.3 |
41,053 |
7.4 |
1,03,077 |
26.9 |
1,09,942 |
22.6 |
|
(ii) |
Bank credit to commercial sector (a+b) |
9,05,136 |
9,14,492 |
2,164 |
0.2 |
56,100 |
7.4 |
9,356 |
1.0 |
1,31,755 |
19.3 |
98,745 |
12.1 |
(a) Reserve Bank |
3,048 |
2,975 |
–52 |
–1.7 |
–3,010 |
–50.8 |
–73 |
–2.4 |
–7,256 |
–71.3 |
56 |
1.9 |
|
(b) Other Banks |
9,02,088 |
9,11,517 |
2,216 |
0.2 |
59,110 |
7.8 |
9,429 |
1.0 |
1,39,012 |
20.6 |
98,688 |
12.1 |
|
(iii) |
Net foreign exchange assets of banking sector |
3,93,715 |
4,16,425 |
–3,974 |
–0.9 |
23,406 |
7.5 |
22,710 |
5.8 |
83,224 |
33.1 |
81,984 |
24.5 |
(iv) |
Government's currency liabilities to the public |
7,071 |
7,073 |
— |
— |
168 |
2.6 |
1 |
— |
969 |
17.4 |
538 |
8.2 |
(v) |
Banking sector's net non-monetary liabilities |
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other than time deposits |
2,56,296 |
2,45,091 |
–5,695 |
–2.3 |
13,844 |
8.2 |
–11,205 |
–4.4 |
72,292 |
65.8 |
62,989 |
34.6 |
|
of which : Net non-monetary liabilities of RBI |
1,26,564 |
1,26,722 |
–6,862 |
–5.1 |
17,548 |
17.3 |
159 |
0.1 |
32,093 |
37.0 |
7,955 |
6.7 |
|
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@ : Includes Rs.17,945 crore on account of proceeds from Resurgent India Bonds (RIBs), since August 28, 1998 and Rs.25,662 crore on account of proceeds from India |