7. Money Stock : Components and Sources - ఆర్బిఐ - 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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Financial year so far |
Year-on-year |
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2003 |
2004 |
Fortnight |
2002-2003 |
2003-2004 |
2003 |
2004 |
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Item |
Mar. 31# |
Jan. 23# |
Amount % |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
17,25,222 |
19,25,368 |
4,381 |
0.2 |
1,98,884 |
13.3 |
2,00,146 |
11.6 |
2,38,814 |
16.4 |
2,28,129 |
13.4 |
||
M3 |
|||||||||||||
[16,95,551] |
[1,67,438] |
[11.2] |
[2,07,368] |
[14.2] |
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Components (i+ii+iii+iv) |
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(i) |
Currency with the Public |
2,70,983 |
3,05,975 |
698 |
0.2 |
24,503 |
10.2 |
34,992 |
12.9 |
31,981 |
13.7 |
40,677 |
15.3 |
(ii) |
Demand deposits with banks |
1,98,602 |
2,18,861 |
–4,202 |
–1.9 |
5,820 |
3.2 |
20,259 |
10.2 |
20,104 |
12.2 |
33,841 |
18.3 |
(iii) |
Time deposits with banks @ |
12,52,396 |
13,96,397 |
7,754 |
0.6 |
1,68,739 |
15.7 |
1,44,002 |
11.5 |
1,86,356 |
17.6 |
1,52,147 |
12.2 |
[12,22,725] |
[1,37,293] |
[12.8] |
[1,54,910] |
[14.6] |
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(iv) |
"Other" deposits with Reserve Bank |
3,242 |
4,135 |
131 |
3.3 |
–178 |
–6.3 |
893 |
27.5 |
373 |
16.2 |
1,464 |
54.8 |
Sources (i+ii+iii+iv-v) |
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(i) |
Net Bank credit to Government (a+b) |
6,78,059 |
7,23,730 |
273 |
— |
59,262 |
10.1 |
45,671 |
6.7 |
70,023 |
12.1 |
74,903 |
11.5 |
(a) Reserve Bank |
1,20,679 |
52,409 |
4,248 |
8.8 |
–44,355 |
–29.1 |
–68,270 |
–56.6 |
–44,636 |
–29.3 |
–55,414 |
–51.4 |
|
(b) Other Banks |
5,57,379 |
6,71,320 |
–3,975 |
–0.6 |
1,03,617 |
23.7 |
1,13,941 |
20.4 |
1,14,659 |
26.9 |
1,30,317 |
24.1 |
|
(ii) |
Bank credit to commercial sector (a+b) |
9,06,612 |
9,77,686 |
3,930 |
0.4 |
1,09,978 |
14.5 |
71,074 |
7.8 |
1,35,948 |
18.5 |
1,08,061 |
12.4 |
(a) Reserve Bank |
3,048 |
2,064 |
–92 |
–4.3 |
–3,004 |
–50.7 |
–984 |
–32.3 |
–4,959 |
–62.9 |
–861 |
–29.4 |
|
(b) Other Banks |
9,03,564 |
9,75,622 |
4,022 |
0.4 |
1,12,981 |
15.0 |
72,058 |
8.0 |
1,40,907 |
19.4 |
1,08,922 |
12.6 |
|
(iii) |
Net foreign exchange assets of banking sector |
3,93,715 |
5,05,778 |
479 |
0.1 |
80,394 |
25.8 |
1,12,063 |
28.5 |
1,02,572 |
35.5 |
1,14,349 |
29.2 |
(iv) |
Government's currency liabilities to the public |
7,071 |
7,240 |
— |
— |
627 |
9.8 |
169 |
2.4 |
838 |
13.6 |
248 |
3.5 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
2,60,234 |
2,89,065 |
302 |
0.1 |
51,376 |
30.5 |
28,831 |
11.1 |
70,566 |
47.3 |
69,432 |
31.6 |
|
of which : Net non-monetary liabilities of RBI |
1,27,141 |
1,33,433 |
–4,205 |
–3.1 |
25,852 |
25.5 |
6,291 |
4.9 |
28,652 |
29.1 |
6,361 |
5.0 |
|
@ : Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |
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Bonds (RIBs) of Rs.22,693 crore, since October 1, 2003. |
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Figures in [ ] exclude the impact of mergers since May 3, 2002. |