11. Sources of Money Stock (M3) - RBI - Reserve Bank of India
11. Sources of Money Stock (M3)
(` crore) |
||||||
Source |
Outstandings as on March 31/reporting Fridays of the month/last reporting Friday of the month |
|||||
2007-08 |
2008-09 |
2009-10 |
December 04, 2009 |
December 18, 2009 |
||
1 |
2 |
3 |
4 |
5 |
6 |
|
1. |
Net Bank Credit to Government (A+B) |
8,99,518 |
12,77,333 |
16,67,096 |
15,24,959 |
15,05,451 |
|
A. RBI’s net credit to Government (i-ii) |
-1,13,209 |
61,580 |
2,11,586 |
72,122 |
86,910 |
|
(i) Claims on Government (a+b) |
1,16,194 |
1,59,166 |
2,22,719 |
91,037 |
1,54,118 |
|
(a) Central Government |
1,14,725 |
1,57,488 |
2,22,673 |
91,037 |
1,54,060 |
|
(b) State Governments |
1,468 |
1,678 |
46 |
– |
58 |
|
(ii) Government deposits with RBI (a+b) |
2,29,403 |
97,586 |
11,134 |
18,915 |
67,208 |
|
(a) Central Government |
2,29,361 |
95,727 |
11,092 |
18,874 |
67,167 |
|
(b) State Governments |
41 |
1,859 |
41 |
41 |
41 |
|
B. Other Banks’ Credit to Government |
10,12,727 |
12,15,753 |
14,55,511 |
14,52,837 |
14,18,541 |
2. |
Bank Credit to Commercial Sector(A+B) |
25,78,990 |
30,14,893 |
34,92,781 |
31,60,417 |
31,82,891 |
|
A. RBI’s credit to commercial sector |
1,788 |
13,820 |
1,328 |
4,994 |
4,718 |
|
B. Other banks’ credit to commercial sector (i+ii+iii) |
25,77,201 |
30,01,073 |
34,91,453 |
31,55,423 |
31,78,173 |
|
(i) Bank credit by commercial banks |
23,61,914 |
27,75,549 |
32,44,788 |
29,22,518 |
29,42,279 |
|
(ii) Bank credit by co-operative banks |
1,98,816 |
2,10,893 |
2,34,655 |
2,21,846 |
2,24,875 |
(iii) Investments by commercial and co-operative banks in other securities |
16,472 |
14,631 |
12,010 |
11,059 |
11,019 |
|
3. |
Net Foreign Exchange Assets of Banking Sector (A+B) |
12,95,131 |
13,52,184 |
12,81,469 |
13,48,052 |
13,41,467 |
|
A. RBI’s net foreign exchange assets (i-ii) |
12,36,130 |
12,80,116 |
12,31,949 |
12,99,369 |
12,98,377 |
|
(i) Gross foreign assets |
12,36,147 |
12,80,133 |
12,31,966 |
12,99,387 |
12,98,395 |
|
(ii) Foreign liabilities |
17 |
17 |
17 |
17 |
17 |
|
B. Other banks’ net foreign exchange assets |
59,001 |
72,068 |
49,520 |
48,683 |
43,090 |
4. |
Government’s Currency Liabilities to the Public |
9,224 |
10,054 |
11,270 |
10,828 |
10,919 |
5. |
Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B) |
7,64,980 |
8,59,652 |
8,52,854 |
7,88,250 |
7,95,382 |
|
A. Net non-monetary liabilities of RBI |
2,10,221 |
3,87,930 |
3,01,615 |
3,82,070 |
3,83,984 |
|
B. Net non-monetary liabilities of other banks(residual) |
5,54,759 |
4,71,723 |
5,51,239 |
4,06,180 |
4,11,398 |
M3 (1+2+3+4-5) |
40,17,883 |
47,94,812 |
55,99,762 |
52,56,005 |
52,45,346 |
(` crore) |
|||||||
Source |
Outstandings as on March 31/reporting Fridays of the month/last reporting Friday of the month |
||||||
August 2010 |
September 2010 |
October 2010 |
November 2010 |
December 03, 2010 |
December 17, 2010 |
December 31, 2010 |
|
1 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
1. Net Bank Credit to Government (A+B) |
17,67,363 |
17,61,292 |
17,90,094 |
18,14,537 |
18,18,560 |
17,94,164 |
17,92,169 |
A. RBI’s net credit to Government (i-ii) |
2,07,611 |
2,06,761 |
2,05,651 |
2,59,513 |
2,56,018 |
2,70,795 |
2,63,952 |
(i) Claims on Government (a+b) |
2,07,753 |
2,22,379 |
2,31,354 |
2,96,105 |
2,74,664 |
3,71,377 |
3,58,531 |
(a) Central Government |
2,07,392 |
2,22,379 |
2,29,305 |
2,94,645 |
2,74,664 |
3,71,208 |
3,58,531 |
(b) State Governments |
361 |
– |
2,049 |
1,460 |
– |
169 |
– |
(ii) Government deposits with RBI (a+b) |
142 |
15,618 |
25,703 |
36,591 |
18,647 |
1,00,582 |
94,579 |
(a) Central Government |
101 |
15,577 |
25,662 |
36,550 |
18,605 |
1,00,278 |
94,537 |
(b) State Governments |
41 |
41 |
41 |
41 |
41 |
304 |
41 |
B. Other Banks’ Credit to Government |
15,59,752 |
15,54,531 |
15,84,444 |
15,55,024 |
15,62,542 |
15,23,369 |
15,28,216 |
2. Bank Credit to Commercial Sector(A+B) |
36,09,509 |
36,84,326 |
37,40,225 |
38,19,340 |
38,55,943 |
39,01,492 |
40,27,237 |
A. RBI’s credit to commercial sector |
1,325 |
1,325 |
1,477 |
1,572 |
1,626 |
1,626 |
1,626 |
B. Other banks’ credit to commercial sector (i+ii+iii) |
36,08,184 |
36,83,001 |
37,38,748 |
38,17,767 |
38,54,317 |
38,99,866 |
40,25,611 |
(i) Bank credit by commercial banks |
33,53,977 |
34,25,229 |
34,79,499 |
35,58,060 |
35,94,559 |
36,39,866 |
37,63,213 |
(ii) Bank credit by co-operative banks |
2,44,428 |
2,48,539 |
2,50,191 |
2,50,437 |
2,51,079 |
2,51,454 |
2,54,499 |
(iii) Investments by commercial and co-operative banks in other securities |
9,779 |
9,234 |
9,058 |
9,270 |
8,679 |
8,546 |
7,899 |
3. Net Foreign Exchange Assets of Banking Sector (A+B) |
13,35,245 |
13,63,395 |
13,46,830 |
13,79,320 |
13,71,325 |
13,71,255 |
13,65,276 |
A. RBI’s net foreign exchange assets (i-ii) |
12,93,372 |
12,99,984 |
12,83,419 |
13,15,909 |
13,07,914 |
13,07,844 |
13,01,865 |
(i) Gross foreign assets |
12,93,390 |
13,00,001 |
12,83,436 |
13,15,926 |
13,07,932 |
13,07,862 |
13,01,883 |
(ii) Foreign liabilities |
17 |
17 |
17 |
17 |
17 |
17 |
17 |
B. Other banks’ net foreign exchange assets |
41,873 |
63,411 |
63,411 |
63,411 |
63,411 |
63,411 |
63,411 |
4. Government’s Currency Liabilities to the Public |
11,886 |
12,000 |
12,152 |
12,152 |
12,152 |
12,152 |
12,152 |
5. Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B) |
8,77,556 |
9,30,021 |
8,15,243 |
9,45,486 |
9,92,963 |
10,41,893 |
9,94,406 |
A. Net non-monetary liabilities of RBI |
3,39,296 |
3,47,937 |
3,33,190 |
3,61,860 |
3,52,105 |
3,53,798 |
3,43,030 |
B. Net non-monetary liabilities of other banks(residual) |
5,38,260 |
5,82,083 |
4,82,054 |
5,83,626 |
6,40,857 |
6,88,096 |
6,51,376 |
M3 (1+2+3+4-5) |
58,46,447 |
58,90,993 |
60,74,058 |
60,79,863 |
60,65,018 |
60,37,171 |
62,02,428 |
Notes : 1. Monetary aggregates as at end-March incorporate data on i) scheduled commercial banks as on last reporting friday |