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 |
||||||||||||
Financial year so far |
Year-on-year |
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2004 |
Fortnight |
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2003-2004 |
2004-2005 |
2003 |
2004 |
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Item |
Mar. 31# |
Oct. 15# |
Amount % |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
20,03,102 |
21,23,514 |
12,754 |
0.6 |
1,35,836 |
7.9 |
1,20,411 |
6.0 |
1,94,870 |
11.7 |
2,69,718 |
14.5 |
||
M3 |
|||||||||||||
(21,19,945) |
(9,185) |
(0.4) |
(1,16,842) |
(5.8) |
(2,66,149) |
(14.4) |
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Components (i+ii+iii+iv) |
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(i) |
Currency with the Public |
3,15,493 |
3,30,044 |
8,943 |
2.8 |
18,133 |
6.7 |
14,551 |
4.6 |
33,032 |
12.9 |
40,329 |
13.9 |
(ii) |
Demand deposits with banks |
2,56,039 |
2,62,148 |
4,756 |
1.8 |
16,915 |
8.5 |
6,108 |
2.4 |
33,500 |
18.4 |
46,476 |
21.5 |
(iii) |
Time deposits with banks @ |
14,26,451 |
15,24,775 |
–575 |
— |
1,00,567 |
8.1 |
98,323 |
6.9 |
1,28,138 |
10.5 |
1,79,829 |
13.4 |
(15,21,206) |
(–4,144) |
(–0.3) |
(94,754) |
(6.6) |
(1,76,260) |
(13.1) |
|||||||
(iv) |
"Other" deposits with Reserve Bank |
5,119 |
6,547 |
–369 |
–5.3 |
221 |
6.8 |
1,428 |
27.9 |
201 |
6.2 |
3,084 |
89.1 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,45,499 |
7,55,114 |
15,181 |
2.1 |
42,146 |
6.2 |
9,615 |
1.3 |
78,556 |
12.3 |
36,445 |
5.1 |
(7,42,921) |
(2,988) |
(0.4) |
(–2,578) |
(–0.3) |
(24,252) |
(3.4) |
|||||||
(a) Reserve Bank |
44,907 |
20,865 |
12,171 |
140.0 |
–58,055 |
–48.1 |
–24,042 |
–53.5 |
–57,929 |
–48.1 |
–41,759 |
–66.7 |
|
(b) Other Banks |
7,00,591 |
7,34,249 |
3,010 |
0.4 |
1,00,201 |
18.0 |
33,657 |
4.8 |
1,36,486 |
26.3 |
78,204 |
11.9 |
|
(ii) |
Bank credit to commercial sector (a+b) |
10,17,902 |
11,53,509 |
34,893 |
3.1 |
35,147 |
3.9 |
1,35,607 |
13.3 |
95,930 |
11.4 |
2,19,381 |
23.5 |
(11,20,827) |
(2,211) |
(0.2) |
(1,02,925) |
(10.1) |
(1,86,699) |
(20.0) |
|||||||
(a) Reserve Bank |
2,061 |
1,889 |
— |
— |
–120 |
–3.9 |
–172 |
–8.3 |
–178 |
–5.7 |
–1,039 |
–35.5 |
|
(b) Other Banks |
10,15,841 |
11,51,620 |
34,893 |
3.1 |
35,267 |
3.9 |
1,35,779 |
13.4 |
96,108 |
11.5 |
2,20,420 |
23.7 |
|
(iii) |
Net foreign exchange assets of banking sector |
5,26,586 |
5,84,928 |
909 |
0.2 |
53,440 |
13.6 |
58,342 |
11.1 |
90,887 |
25.5 |
1,37,773 |
30.8 |
(iv) |
Government's currency liabilities to the public |
7,296 |
7,339 |
— |
— |
157 |
2.2 |
44 |
0.6 |
378 |
5.5 |
111 |
1.5 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
2,94,181 |
3,77,376 |
38,228 |
11.3 |
–4,945 |
–1.9 |
83,196 |
28.3 |
70,881 |
38.8 |
1,23,991 |
48.9 |
|
of which : Net non-monetary liabilities of RBI |
1,07,585 |
1,35,685 |
1,590 |
1.2 |
–10,069 |
–7.9 |
28,100 |
26.1 |
5,638 |
5.1 |
18,612 |
15.9 |
|
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), |