7. Money Stock : Components and Sources - ربی - 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 |
||||||||||||
2004 |
2005 |
Fortnight |
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2003-2004 |
2004-2005 |
2004 |
2005 |
||||||||||
Item |
Mar. 31# |
Feb. 18# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
20,03,102 |
22,19,739 |
11,664 |
0.5 |
2,46,676 |
14.4 |
2,16,636 |
10.8 |
2,57,330 |
15.1 |
2,55,103 |
13.0 |
||
M3 |
|||||||||||||
(22,16,170) |
(2,13,067) |
(10.6) |
(2,51,534) |
(12.8) |
|||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
3,15,493 |
3,49,862 |
2,268 |
0.7 |
41,453 |
15.3 |
34,370 |
10.9 |
41,654 |
15.3 |
36,828 |
11.8 |
(ii) |
Demand deposits with banks |
2,56,039 |
2,69,803 |
–282 |
–0.1 |
31,973 |
16.1 |
13,763 |
5.4 |
40,468 |
21.3 |
39,072 |
16.9 |
(iii) |
Time deposits with banks @ |
14,26,451 |
15,95,756 |
9,715 |
0.6 |
1,73,023 |
13.9 |
1,69,305 |
11.9 |
1,74,985 |
14.1 |
1,78,355 |
12.6 |
(15,92,187) |
(1,65,736) |
(11.6) |
(1,74,786) |
(12.3) |
|||||||||
(iv) |
"Other" deposits with Reserve Bank |
5,119 |
4,317 |
–38 |
–0.9 |
227 |
7.0 |
–802 |
–15.7 |
223 |
6.9 |
848 |
24.4 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,45,499 |
7,48,082 |
–3,503 |
–0.5 |
57,342 |
8.5 |
2,583 |
0.3 |
82,474 |
12.7 |
14,217 |
1.9 |
(7,35,889) |
(–9,610) |
(–1.3) |
(2,024) |
(0.3) |
|||||||||
(a) Reserve Bank |
44,907 |
–2,037 |
–14,597–116.2 |
–83,211 |
–69.0 |
–46,945 |
–104.5 |
–64,139 |
–63.1 |
–39,506 |
–105.4 |
||
(b) Other Banks |
7,00,591 |
7,50,119 |
11,094 |
1.5 |
1,40,552 |
25.3 |
49,528 |
7.1 |
1,46,613 |
26.7 |
53,723 |
7.7 |
|
(ii) |
Bank credit to commercial sector (a+b) |
10,17,902 |
12,40,881 |
5,692 |
0.5 |
85,311 |
9.5 |
2,22,979 |
21.9 |
1,15,140 |
13.2 |
2,56,590 |
26.1 |
(12,08,199) |
(1,90,297) |
(18.7) |
(2,23,908) |
(22.7) |
|||||||||
(a) Reserve Bank |
2,061 |
1,390 |
— |
— |
–987 |
–32.4 |
–672 |
–32.6 |
–855 |
–29.3 |
–672 |
–32.6 |
|
(b) Other Banks |
10,15,841 |
12,39,492 |
5,692 |
0.5 |
86,298 |
9.6 |
2,23,651 |
22.0 |
1,15,994 |
13.4 |
2,57,261 |
26.2 |
|
(iii) |
Net foreign exchange assets of banking sector |
5,26,586 |
6,14,379 |
22,288 |
3.8 |
1,24,611 |
31.7 |
87,792 |
16.7 |
1,17,608 |
29.3 |
96,053 |
18.5 |
(iv) |
Government's currency liabilities to the public |
7,296 |
7,374 |
— |
— |
220 |
3.1 |
79 |
1.1 |
255 |
3.6 |
83 |
1.1 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
2,94,181 |
3,90,978 |
12,812 |
3.4 |
20,808 |
8.1 |
96,797 |
32.9 |
58,147 |
26.3 |
1,11,840 |
40.1 |
|
of which : Net non-monetary liabilities of RBI |
1,07,585 |
1,26,769 |
9,279 |
7.9 |
5,567 |
4.4 |
19,185 |
17.8 |
6,839 |
5.4 |
–5,938 |
–4.5 |
|
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |