11. Sources of Money Stock (M3) - RBI - Reserve Bank of India
11. Sources of Money Stock (M3)
(` Billion) |
|||||
Sources |
Outstandings as on March 31/reporting Fridays of the month/last reporting Friday of the month |
||||
2008-09 |
2009-10 |
2010-11 |
February 11, 2011 |
February 25, 2011 |
|
1 |
2 |
3 |
4 |
5 |
|
Net Bank Credit to Government (A+B) |
12,773.3 |
16,691.9 |
19,827.7 |
18,566.5 |
18,729.6 |
A. RBI’s net credit to Government (i-ii) |
615.8 |
2,115.9 |
3,965.5 |
2,994.3 |
3,002.1 |
(i) Claims on Government (a+b) |
1,591.7 |
2,227.2 |
3,970.5 |
3,431.1 |
3,277.5 |
(a) Central Government |
1,574.9 |
2,226.7 |
3,941.4 |
3,411.2 |
3,265.5 |
(b) State Governments |
16.8 |
0.5 |
29.2 |
19.9 |
12.0 |
(ii) Government deposits with RBI (a+b) |
975.9 |
111.3 |
5.0 |
436.8 |
275.4 |
(a) Central Government |
957.3 |
110.9 |
1.0 |
436.4 |
275.0 |
(b) State Governments |
18.6 |
0.4 |
4.0 |
0.4 |
0.4 |
B. Other Banks’ Credit to Government |
12,157.5 |
14,576.0 |
15,862.2 |
15,572.2 |
15,727.5 |
Bank Credit to Commercial Sector (A+B) |
30,148.9 |
34,914.1 |
42,354.1 |
40,731.7 |
41,038.3 |
A. RBI’s credit to commercial sector |
138.2 |
13.3 |
21.6 |
15.7 |
15.7 |
B. Other banks’ credit to commercial sector (i+ii+iii) |
30,010.7 |
34,900.8 |
42,332.4 |
40,716.0 |
41,022.6 |
(i) Bank credit by commercial banks |
27,755.5 |
32,447.9 |
39,420.8 |
37,877.8 |
38,130.2 |
(ii) Bank credit by co-operative banks |
2,108.9 |
2,346.3 |
2,837.2 |
2,760.4 |
2,814.1 |
(iii) Investments by commercial and co-operative banks in other securities |
146.3 |
106.6 |
74.4 |
77.7 |
78.4 |
Net Foreign Exchange Assets of Banking Sector (A+B) |
13,521.8 |
12,814.6 |
13,933.4 |
13,817.0 |
13,804.8 |
A. RBI’s net foreign exchange assets (i-ii) |
12,801.1 |
12,319.4 |
13,285.7 |
13,344.9 |
13,332.7 |
(i) Gross foreign assets |
12,801.3 |
12,319.7 |
13,285.7 |
13,345.1 |
13,332.9 |
(ii) Foreign liabilities |
0.3 |
0.2 |
0.0 |
0.2 |
0.2 |
B. Other banks’ net foreign exchange assets |
720.7 |
495.2 |
647.7 |
472.1 |
472.1 |
Government’s Currency Liabilities to the Public |
100.5 |
112.7 |
127.2 |
124.8 |
125.9 |
Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B) |
8,596.8 |
8,506.3 |
11,247.6 |
10,000.4 |
10,031.4 |
A. Net non-monetary liabilities of RBI |
3,879.6 |
3,016.4 |
3,683.5 |
3,734.8 |
3,715.4 |
B. Net non-monetary liabilities of other banks (residual) |
4,717.2 |
5,489.9 |
7,564.1 |
6,265.6 |
6,316.0 |
M3(1+2+3+4-5) |
47,947.8 |
56,027.0 |
64,994.9 |
63,239.6 |
63,667.1 |
No. 11: Sources of Money Stock (M3) (Concld.) |
||||||
(` Billion) |
||||||
Sources |
Outstandings as on March 31/reporting Fridays of the month/last reporting Friday of the month |
|||||
October 2011 |
November 2011 |
December 2011 |
January 2012 |
February 10, 2012 |
February 24, 2012 |
|
6 |
7 |
8 |
9 |
10 |
11 |
|
1. Net Bank Credit to Government (A+B) |
21,910.7 |
22,222.9 |
22,351.1 |
23,010.1 |
23,189.6 |
23,266.0 |
A. RBI’s net credit to Government (i-ii) |
3,947.4 |
4,169.0 |
4,500.6 |
5,184.0 |
4,992.6 |
4,883.7 |
(i) Claims on Government (a+b) |
3,948.8 |
4,170.5 |
4,502.0 |
5,185.4 |
4,994.1 |
4,885.1 |
(a) Central Government |
3,944.5 |
4,157.2 |
4,501.6 |
5,184.5 |
4,994.1 |
4,884.0 |
(b) State Governments |
4.3 |
13.2 |
0.4 |
0.9 |
0.0 |
1.1 |
(ii) Government deposits with RBI (a+b) |
1.4 |
1.4 |
1.4 |
1.4 |
1.4 |
1.4 |
(a) Central Government |
1.0 |
1.0 |
1.0 |
1.0 |
1.0 |
1.0 |
(b) State Governments |
0.4 |
0.4 |
0.4 |
0.4 |
0.4 |
0.4 |
B. Other Banks’ Credit to Government |
17,963.3 |
18,053.9 |
17,850.5 |
17,826.1 |
18,197.0 |
18,382.3 |
2. Bank Credit to Commercial Sector (A+B) |
44,600.8 |
44,981.2 |
46,817.9 |
46,693.2 |
47,006.8 |
47,268.2 |
A. RBI’s credit to commercial sector |
18.8 |
19.1 |
32.7 |
32.6 |
33.8 |
34.3 |
B. Other banks’ credit to commercial sector (i+ii+iii) |
44,582.0 |
44,962.1 |
46,785.3 |
46,660.6 |
46,973.0 |
47,233.9 |
(i) Bank credit by commercial banks |
41,515.5 |
41,890.4 |
43,656.4 |
43,513.3 |
43,823.9 |
44,075.2 |
(ii) Bank credit by co-operative banks |
3,005.7 |
3,009.8 |
3,071.2 |
3,093.9 |
3,097.1 |
3,107.7 |
(iii) Investments by commercial and co-operative banks in other securities |
60.8 |
61.8 |
57.7 |
53.4 |
51.9 |
51.0 |
3. Net Foreign Exchange Assets of Banking Sector (A+B) |
16,028.1 |
15,894.4 |
15,905.6 |
14,812.7 |
14,686.5 |
14,619.6 |
A. RBI’s net foreign exchange assets (i-ii) |
15,567.1 |
15,433.3 |
15,444.6 |
14,351.7 |
14,225.4 |
14,158.5 |
(i) Gross foreign assets |
15,567.2 |
15,433.4 |
15,444.8 |
14,351.9 |
14,225.6 |
14,158.7 |
(ii) Foreign liabilities |
0.1 |
0.0 |
0.2 |
0.2 |
0.2 |
0.2 |
B. Other banks’ net foreign exchange assets |
461.0 |
461.0 |
461.0 |
461.0 |
461.0 |
461.0 |
4. Government’s Currency Liabilities to the Public |
136.1 |
137.2 |
137.2 |
137.2 |
137.2 |
137.2 |
5. Banking Sector’s net Non-monetary Liabilities Other than Time Deposits (A+B) |
13,022.2 |
13,078.3 |
13,225.0 |
13,058.5 |
12,901.1 |
13,028.3 |
A. Net non-monetary liabilities of RBI |
5,785.6 |
5,774.5 |
6,232.4 |
5,496.1 |
5,403.6 |
5,375.7 |
B. Net non-monetary liabilities of other banks (residual) |
7,236.6 |
7,303.8 |
6,992.7 |
7,562.4 |
7,497.5 |
7,652.6 |
M3 (1+2+3+4-5) |
69,653.6 |
70,157.4 |
71,986.8 |
71,594.7 |
72,118.9 |
72,262.7 |
Notes : 1. Monetary aggregates as at end-March incorporate data on i) scheduled commercial banks as on last |