7. Money Stock : Components and Sources - ఆర్బిఐ - 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# | Oct. 29# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | |
20,03,102 | 21,35,530 | 12,017 | 0.6 | 1,53,474 | 8.9 | 1,32,428 | 6.6 | 2,02,092 | 12.1 | 2,64,097 | 14.1 | ||
M3 | |||||||||||||
(21,31,961) | (1,28,859) | (6.4) | (2,60,528) | (13.9) | |||||||||
Components (i+ii+iii+iv) | |||||||||||||
(i) | Currency with the Public | 3,15,493 | 3,30,716 | 672 | 0.2 | 22,388 | 8.2 | 15,223 | 4.8 | 35,920 | 13.9 | 36,747 | 12.5 |
(ii) | Demand deposits with banks | 2,56,039 | 2,76,811 | 14,664 | 5.6 | 20,369 | 10.2 | 20,772 | 8.1 | 33,883 | 18.3 | 57,685 | 26.3 |
(iii) | Time deposits with banks @ | 14,26,451 | 15,21,636 | –3,139 | –0.2 | 1,09,112 | 8.8 | 95,185 | 6.7 | 1,30,667 | 10.7 | 1,68,145 | 12.4 |
(15,18,067) | (91,616) | (6.4) | (1,64,576) | (12.2) | |||||||||
(iv) | "Other" deposits with Reserve Bank | 5,119 | 6,367 | –180 | –2.8 | 1,605 | 49.5 | 1,248 | 24.4 | 1,622 | 50.3 | 1,520 | 31.4 |
Sources (i+ii+iii+iv-v) | |||||||||||||
(i) | Net Bank credit to Government (a+b) | 7,45,499 | 7,55,555 | 441 | 0.1 | 44,686 | 6.6 | 10,056 | 1.3 | 71,801 | 11.1 | 34,346 | 4.8 |
(7,43,362) | (–2,137) | (–0.3) | (22,153) | (3.1) | |||||||||
(a) Reserve Bank | 44,907 | 22,554 | 1,689 | 8.1 | –49,470 | –41.0 | –22,353 | –49.8 | –71,301 | –50.0 | –48,656 | –68.3 | |
(b) Other Banks | 7,00,591 | 7,33,001 | –1,248 | –0.2 | 94,156 | 16.9 | 32,410 | 4.6 | 1,43,102 | 28.2 | 83,002 | 12.8 | |
(ii) | Bank credit to commercial sector (a+b) | 10,17,902 | 11,70,592 | 17,083 | 1.5 | 38,772 | 4.3 | 1,52,690 | 15.0 | 90,335 | 10.7 | 2,32,839 | 24.8 |
(11,37,910) | (1,20,008) | (11.8) | (2,00,157) | (21.3) | |||||||||
(a) Reserve Bank | 2,061 | 1,889 | — | — | –150 | –4.9 | –172 | –8.3 | –44 | –1.5 | –1,009 | –34.8 | |
(b) Other Banks | 10,15,841 | 11,68,702 | 17,083 | 1.5 | 38,922 | 4.3 | 1,52,862 | 15.0 | 90,379 | 10.7 | 2,33,848 | 25.0 | |
(iii) | Net foreign exchange assets of banking sector | 5,26,586 | 5,87,137 | 2,209 | 0.4 | 58,790 | 14.9 | 60,550 | 11.5 | 93,930 | 26.2 | 1,34,632 | 29.8 |
(iv) | Government's currency liabilities to the public | 7,296 | 7,339 | — | — | 181 | 2.6 | 44 | 0.6 | 401 | 5.9 | 87 | 1.2 |
(v) | Banking sector's net non-monetary liabilities | ||||||||||||
other than time deposits | 2,94,181 | 3,85,093 | 7,716 | 2.0 | –11,044 | –4.3 | 90,912 | 30.9 | 54,376 | 28.2 | 1,37,807 | 55.7 | |
of which : Net non-monetary liabilities of RBI | 1,07,585 | 1,36,819 | 1,135 | 0.8 | –10,167 | –8.0 | 29,235 | 27.2 | 2,309 | 2.0 | 19,845 | 17.0 | |
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), |