11. Sources of money stock (M3) - ربی - Reserve Bank of India
11. Sources of money stock (M3)
(Rs. crore) |
|||||||
Source |
Outstandings as on March 31/Reporting Fridays of the Month/Last Reporting Friday of the Month |
||||||
2006-07 |
2007-08 |
2008-09 |
July 04, 2008 |
July 18, 2008 |
March 2009 |
||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
|
1. |
Net Bank Credit to Government (A+B) |
8,27,626 |
8,99,518 |
12,77,199 |
9,50,386 |
9,67,583 |
12,77,199 |
|
A. RBI’s net credit to Government (i-ii) |
2,423 |
-1,13,209 |
61,580 |
-1,09,022 |
-59,096 |
61,580 |
|
(i) Claims on Government (a+b) |
97,512 |
1,16,194 |
1,59,166 |
65,552 |
1,12,485 |
1,59,166 |
|
(a) Central Government (1) |
97,184 |
1,14,725 |
1,57,488 |
65,552 |
1,12,485 |
1,57,488 |
|
(b) State Governments |
328 |
1,468 |
1,678 |
- |
- |
1,678 |
|
(ii) Government deposits with RBI (a+b) |
95,089 |
2,29,403 |
97,586 |
1,74,574 |
1,71,581 |
97,586 |
|
(a) Central Government |
95,048 |
2,29,361 |
95,727 |
1,74,533 |
1,71,540 |
95,727 |
|
(b) State Governments |
41 |
41 |
1,859 |
41 |
41 |
1,859 |
|
B. Other Banks’ Credit to Government |
8,25,204 |
10,12,727 |
12,15,619 |
10,59,409 |
10,26,679 |
12,15,619 |
2. |
Bank Credit to Commercial Sector (A+B) |
21,28,862 |
25,78,990 |
30,13,337 |
26,20,625 |
26,23,106 |
30,13,337 |
|
A. RBI’s credit to commercial sector (2) |
1,537 |
1,788 |
13,820 |
1,381 |
1,438 |
13,820 |
|
B. Other banks’ credit to commercial sector (i+ii+iii) |
21,27,325 |
25,77,201 |
29,99,517 |
26,19,245 |
26,21,669 |
29,99,517 |
|
(i) Bank credit by commercial banks |
19,31,189 |
23,61,914 |
27,75,549 |
24,05,599 |
24,07,308 |
27,75,549 |
|
(ii) Bank credit by co-operative banks |
1,77,344 |
1,98,816 |
2,09,828 |
1,97,933 |
1,98,556 |
2,09,828 |
|
(iii) Investments by commercial and co-operative banks in other securities |
18,792 |
16,472 |
14,139 |
15,713 |
15,805 |
14,139 |
3. |
Net Foreign Exchange Assets of Banking Sector (A+B) |
9,13,179 |
12,95,131 |
13,52,184 |
13,51,973 |
13,33,609 |
13,52,184 |
|
A. RBI’s net foreign exchange assets (i-ii)(3) |
8,66,153 |
12,36,130 |
12,80,116 |
13,30,045 |
13,11,682 |
12,80,116 |
|
(i) Gross foreign assets |
8,66,170 |
12,36,147 |
12,80,133 |
13,30,063 |
13,11,699 |
12,80,133 |
|
(ii) Foreign liabilities |
17 |
17 |
17 |
17 |
17 |
17 |
|
B. Other banks’ net foreign exchange assets |
47,026 |
59,001 |
72,068 |
21,928 |
21,928 |
72,068 |
4. |
Government’s Currency Liabilities to the Public |
8,161 |
9,224 |
10,054 |
9,449 |
9,513 |
10,054 |
5. |
Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B) |
5,67,761 |
7,64,980 |
8,88,754 |
7,76,264 |
7,84,789 |
8,88,754 |
|
A. Net non-monetary liabilities of RBI(3) |
1,77,019 |
2,10,221 |
3,87,927 |
3,16,809 |
3,15,691 |
3,87,927 |
|
B. Net non-monetary liabilities of |
3,90,742 |
5,54,759 |
5,00,828 |
4,59,455 |
4,69,099 |
5,00,828 |
M3 (1+2+3+4-5) |
33,10,068 |
40,17,883 |
47,64,019 |
41,56,170 |
41,49,022 |
47,64,019 |
No. 11: Sources of Money Stock (M3) (Concld.) |
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(Rs. crore) |
|||||||
Source |
Outstandings as on March 31/Reporting Fridays of the Month/Last Reporting Friday of the Month |
||||||
April 2009 |
May 2009 |
June 2009 |
July 03, 2009 |
July 17, 2009 |
July 31, 2009 |
||
1 |
8 |
9 |
10 |
11 |
12 |
13 |
|
1. |
Net Bank Credit to Government (A+B) |
13,37,262 |
13,61,107 |
13,89,955 |
14,06,681 |
14,12,547 |
14,12,799 |
|
A. RBI’s net credit to Government (i-ii) |
51,150 |
57,275 |
50,435 |
24,502 |
41,940 |
27,846 |
|
(i) Claims on Government (a+b) |
1,21,508 |
97,306 |
73,466 |
52,795 |
64,058 |
59,363 |
|
(a) Central Government (1) |
1,20,777 |
97,306 |
73,255 |
52,513 |
64,058 |
59,363 |
|
(b) State Governments |
731 |
- |
212 |
282 |
|
- |
|
(ii) Government deposits with RBI (a+b) |
70,358 |
40,032 |
23,032 |
28,293 |
22,117 |
31,517 |
|
(a) Central Government |
70,317 |
39,990 |
22,991 |
28,252 |
22,076 |
31,476 |
|
(b) State Governments |
41 |
41 |
41 |
41 |
41 |
41 |
|
B. Other Banks’ Credit to Government |
12,86,112 |
13,03,833 |
13,39,520 |
13,82,179 |
13,70,607 |
13,84,953 |
2. |
Bank Credit to Commercial Sector (A+B) |
29,78,813 |
29,82,991 |
30,14,976 |
30,40,742 |
30,19,152 |
30,48,659 |
|
A. RBI’s credit to commercial sector (2) |
13,036 |
12,995 |
12,745 |
12,229 |
11,933 |
11,656 |
|
B. Other banks’ credit to commercial sector (i+ii+iii) |
29,65,777 |
29,69,996 |
30,02,232 |
30,28,513 |
30,07,219 |
30,37,003 |
|
(i) Bank credit by commercial banks |
27,44,490 |
27,35,750 |
27,70,216 |
27,98,747 |
27,77,562 |
28,07,033 |
|
(ii) Bank credit by co-operative banks |
2,07,173 |
2,12,833 |
2,11,282 |
2,09,099 |
2,09,288 |
2,09,351 |
|
(iii) Investments by commercial and |
14,115 |
21,413 |
20,734 |
20,667 |
20,370 |
20,620 |
3. |
Net Foreign Exchange Assets of Banking Sector (A+B) |
13,33,287 |
13,00,114 |
13,35,434 |
13,36,383 |
13,62,446 |
13,75,027 |
|
A. RBI’s net foreign exchange assets (i-ii)(3) |
12,61,219 |
12,28,046 |
12,63,366 |
12,64,315 |
12,90,378 |
13,02,959 |
|
(i) Gross foreign assets |
12,61,236 |
12,28,063 |
12,63,383 |
12,64,333 |
12,90,396 |
13,02,977 |
|
(ii) Foreign liabilities |
17 |
17 |
17 |
17 |
17 |
17 |
|
B. Other banks’ net foreign exchange assets |
72,068 |
72,068 |
72,068 |
72,068 |
72,068 |
72,068 |
4. |
Government’s Currency Liabilities to the Public |
10,121 |
10,212 |
10,212 |
10,212 |
10,212 |
10,212 |
5. |
Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B) |
7,83,034 |
7,16,146 |
8,13,856 |
8,07,571 |
8,32,340 |
8,22,957 |
|
A. Net non-monetary liabilities of RBI(3) |
3,78,042 |
3,53,101 |
3,88,008 |
3,83,000 |
4,08,491 |
4,20,337 |
|
B. Net non-monetary liabilities of |
4,04,993 |
3,63,044 |
4,25,847 |
4,24,571 |
4,23,850 |
4,02,621 |
M3 (1+2+3+4-5) |
48,76,448 |
49,38,278 |
49,36,721 |
49,86,446 |
49,72,017 |
50,23,740 |
|
Note : 1. Monetary aggregates as at end-March incorporate data on i) scheduled commercial banks as on last reporting Friday and ii) the Reserve Bank of India pertaining to the last working day of the fiscal year. |