7. Money Stock : Components and Sources - ஆர்பிஐ - 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 | 2005 | Fortnight | |||||||||||
2003-2004 | 2004-2005 | 2004 | 2005 | ||||||||||
Item | Mar. 31# | Jan. 21# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
20,03,102 | 21,96,876 | 9,300 | 0.4 | 2,08,062 | 12.1 | 1,93,773 | 9.7 | 2,32,273 | 13.7 | 2,70,854 | 14.1 | ||
M3 | |||||||||||||
(21,93,307) | (1,90,204) | (9.5) | (2,67,285) | (13.9) | |||||||||
Components (i+ii+iii+iv) | |||||||||||||
(i) | Currency with the Public | 3,15,493 | 3,46,930 | 2,408 | 0.7 | 34,599 | 12.7 | 31,437 | 10.0 | 40,711 | 15.3 | 40,749 | 13.3 |
(ii) | Demand deposits with banks | 2,56,039 | 2,62,382 | –2,249 | –0.8 | 19,436 | 9.8 | 6,343 | 2.5 | 33,137 | 17.9 | 44,189 | 20.3 |
(iii) | Time deposits with banks @ | 14,26,451 | 15,82,117 | 8,189 | 0.5 | 1,53,806 | 12.4 | 1,55,665 | 10.9 | 1,57,632 | 12.7 | 1,83,932 | 13.2 |
(15,78,548) | (1,52,096) | (10.7) | (1,80,363) | (12.9) | |||||||||
(iv) | "Other" deposits with Reserve Bank | 5,119 | 5,447 | 952 | 21.2 | 221 | 6.8 | 328 | 6.4 | 792 | 29.7 | 1,983 | 57.3 |
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net Bank credit to Government (a+b) | 7,45,499 | 7,53,387 | 6,129 | 0.8 | 47,786 | 7.1 | 7,888 | 1.1 | 76,688 | 11.8 | 29,078 | 4.0 |
(7,41,194) | (–4,305) | (–0.6) | (16,885) | (2.3) | |||||||||
(a) Reserve Bank | 44,907 | 14,187 | 16,452 | –68,270 | –56.6 | –30,720 | –68.4 | –55,414 | –51.4 | –38,222 | –72.9 | ||
(b) Other Banks | 7,00,591 | 7,39,200 | –10,323 | –1.4 | 1,16,056 | 20.9 | 38,608 | 5.5 | 1,32,102 | 24.5 | 67,301 | 10.0 | |
(ii) | Bank credit to commercial sector (a+b) | 10,17,902 | 12,25,824 | 3,869 | 0.3 | 71,041 | 7.9 | 2,07,922 | 20.4 | 1,11,346 | 13.0 | 2,55,803 | 26.4 |
(11,93,142) | (1,75,240) | (17.2) | (2,23,121) | (23.0) | |||||||||
(a) Reserve Bank | 2,061 | 1,890 | — | — | –984 | –32.3 | –172 | –8.3 | –861 | –29.4 | –175 | –8.5 | |
(b) Other Banks | 10,15,841 | 12,23,935 | 3,869 | 0.3 | 72,025 | 8.0 | 2,08,094 | 20.5 | 1,12,207 | 13.1 | 2,55,978 | 26.4 | |
(iii) | Net foreign exchange assets of banking sector | 5,26,586 | 5,98,123 | 747 | 0.1 | 1,10,072 | 28.0 | 71,537 | 13.6 | 1,12,358 | 28.7 | 94,336 | 18.7 |
(iv) | Government's currency liabilities to the public | 7,296 | 7,374 | — | — | 209 | 3.0 | 79 | 1.1 | 288 | 4.1 | 94 | 1.3 |
(v) | Banking sector's net non-monetary liabilities | ||||||||||||
other than time deposits | 2,94,181 | 3,87,833 | 1,445 | 0.4 | 21,045 | 8.1 | 93,652 | 31.8 | 68,407 | 32.4 | 1,08,458 | 38.8 | |
of which : Net non-monetary liabilities of RBI | 1,07,585 | 1,24,423 | 1,312 | 1.1 | 6,963 | 5.5 | 16,838 | 15.7 | 7,032 | 5.5 | –9,682 | –7.2 | |
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |