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Table 228 : Select Monetary Aggregates - Growth Rates

(Per cent)

Year

Reserve Money (M0)

Currency with the Public

Demand Deposits

Time Deposits

Narrow Money (M1)

Broad Money (M3)

Net RBI Credit to Central Government

Other Banks' Credit to Government

RBI Credit to Commer- cial Sector

Other Banks' Credit to Commercial Sector

Net Foreign Ex- change Assets of Banking Sector

1

2

3

4

5

6

7

8

9

10

11

12

1976-77

25.5

17.4

22.7

28.4

20.3

23.6

12.9

9.1

22.3

20.7

169.3

1977-78

11.7

9.6

-29.2

57.5

-10.2

18.4

-3.6

50.5

6.2

12.9

75.8

1978-79

28.7

18.5

21.2

23.2

20.2

21.9

31.8

7.1

31.0

19.8

20.1

1979-80

17.7

13.9

15.4

19.3

15.7

17.7

29.2

16.8

23.7

21.3

0.1

1980-81

17.4

15.2

20.5

18.8

17.1

18.1

30.3

21.9

10.0

18.6

-11.5

1981-82

7.9

7.8

7.4

16.9

6.5

12.5

21.0

9.9

20.2

18.5

-41.5

1982-83

10.1

15.1

13.6

18.1

14.4

16.6

18.2

22.0

-5.8

18.9

-34.0

1983-84

25.5

17.7

15.5

19.0

17.0

18.2

18.1

11.2

23.6

18.5

-10.0

1984-85

21.5

15.7

23.3

18.6

19.5

19.0

23.5

15.6

15.6

16.9

90.4

1985-86

8.4

10.5

12.6

19.5

10.5

16.0

19.4

22.8

10.9

16.9

23.5

1986-87

17.4

13.3

21.8

19.7

16.8

18.6

18.6

31.0

11.2

14.5

24.4

1987-88

19.4

18.2

7.8

17.3

13.7

16.0

14.5

23.1

11.7

13.5

17.8

1988-89

17.7

14.2

12.9

19.9

14.1

17.8

12.6

16.3

45.8

18.0

19.9

1989-90

23.2

20.8

23.0

18.3

21.4

19.4

23.7

17.9

14.9

18.8

0.3

1990-91

13.1

14.6

14.7

15.4

14.6

15.1

20.5

18.1

-0.1

13.8

55.2

1991-92

13.4

15.2

33.8

17.2

23.2

19.3

6.3

25.1

14.5

9.3

100.6

1992-93

11.3

11.7

3.9

18.4

8.4

14.8

4.6

21.1

-14.3

18.4

15.2

1993-94

25.2

20.5

21.1

16.8

21.5

18.4

0.3

34.5

3.6

8.1

123.4

1994-95

22.1

22.3

33.7

19.6

27.5

22.4

2.2

15.6

2.3

23.7

44.7

1995-96

14.9

17.5

5.7

14.6

11.7

13.6

20.1

12.8

4.0

18.1

3.9

1996-97

2.8

11.7

13.0

18.5

12.0

16.2

1.6

20.5

-8.9

9.6

28.4

1997-98

13.2

10.2

12.7

21.5

11.3

18.0

10.7

18.9

31.0

14.9

30.9

1998-99

14.5

16.0

14.9

21.4

15.4

19.4

8.8

19.8

49.4

13.8

28.8

1999-00

8.2

11.9

9.7

16.4

10.6

14.6

-3.8

25.2

24.9

18.1

15.6

2000-01

8.1

10.8

11.1

19.4

11.0

16.8

4.8

22.2

-13.0

16.6

21.5

2001-02

11.4

14.9

7.8

15.2

11.4

14.1

-3.5

22.1

-55.4

13.2

24.5

2002-03

9.2

12.8

10.9

15.7

12.0

14.7

-20.1

27.1

-48.6

18.9

26.6

2003-04

18.3

16.0

30.1

14.7

22.2

16.7

-67.3

25.6

-32.4

13.2

33.7

2004-05

12.1

13.1

11.0

11.8

12.3

12.0

-

10.4

-32.6

25.7

23.3

2005-06

16.9

15.7

42.0

18.6

27.2

21.1

-

-2.3

-0.2

32.4

11.9

2006-07

23.9

17.2

17.2

23.7

17.1

21.7

-58.6

9.6

10.8

26.1

25.7

2007-08

31.0

17.7

21.1

22.2

19.4

21.4

-

22.7

16.3

21.1

41.8

2008-09

6.4

17.1

1.8

23.5

9.0

19.3

-

20.0

-

16.4

4.4

2009-10

17.0

15.3

22.0

16.4

18.2

16.9

242.6

19.9

-90.4

16.3

-5.2

2010-11

19.1

18.8

0.7

18.3

10.0

16.1

86.2

8.9

63.0

21.3

8.7

2011-12

3.6

12.3

-1.7

16.1

6.0

13.5

35.6

15.8

83.0

17.8

10.8

2012-13

6.2

11.5

6.0

15.0

9.2

13.6

10.5

15.3

-22.8

13.6

6.0

2013-14

14.4

9.4

6.8

14.6

8.3

13.2

18.1

10.5

189.0

13.6

17.6

- : Not Applicable
Notes : 1. Data for 2013-14 are provisional.
2. Growth rates are based on end-March outstanding amounts. Growth rates for 2005-06 are worked out between April 1, 2005 and March 31, 2006, except for Reserve Money, net RBI credit to Central Government and RBI credit to commercial sector.
3. Data include the impact of mergers in the banking system on May 3, 2002 and conversion of non-banking entity on October 11, 2004.
Also see Notes on Tables.

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