7. Money Stock : Components and Sources - RBI - Reserve Bank of India
7. Money Stock : Components and Sources
(Rs. crore) | ||||||||||||||||
Variation over | ||||||||||||||||
Outstanding as on | Fortnight | Financial year so far | Year-on-year | |||||||||||||
2000 | 1999-2000 | 2000-2001 | 1999 | 2000 | ||||||||||||
Item | Mar. 31# | Sep. 22# | Amount | % | Amount | % | Amount | % | Amount | % | Amount | % | ||||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | ||||
M 3 | 11,17,202 | 11,90,775 | 6,103 | 0.5 | 67,153* | 6.8 | 73,573 | 6.6 | 1,47,023* | 16.3 | 1,42,602* | 13.6 | ||||
Components (i+ii+iii+iv) | ||||||||||||||||
(i) | Currency with the Public | 1,88,705 | 1,94,199 | -3,984 | -2.0 | 7,623 | 4.5 | 5,494 | 2.9 | 25,144 | 16.6 | 17,632 | 10.0 | |||
(ii) | Demand deposits with banks | 1,48,806 | 1,46,999 | 3,720 | 2.6 | -5,255 | -3.9 | -1,807 | -1.2 | 13,004 | 11.0 | 15,866 | 12.1 | |||
(iii) | Time deposits with banks | 7,76,581@ | 8,45,850@ | 6,551 | 0.8 | 64,034 | 9.5 | 69,269 | 8.9 | 1,08,052 | 17.2 | 1,09,924 | 14.9 | |||
(iv) | "Other" deposits with Reserve Bank | 3,109 | 3,726 | -183 | -4.7 | 751 | 19.8 | 617 | 19.9 | 824 | 22.1 | -820 | -18.0 | |||
Sources (i+ii+iii+iv-v) | ||||||||||||||||
(i) | Net bank credit to Government sector (a+b) | 4,41,754 | 4,72,527 | -4,317 | -0.9 | 37,267 | 9.6 | 30,773 | 7.0 | 56,271 | 15.3 | 48,583 | 11.5 | |||
(a) Reserve Bank | 1,48,264 | 1,51,950 | -5,767 | -3.7 | -1,562 | -1.0 | 3,686 | 2.5 | 14,558 | 10.7 | 972 | 0.6 | ||||
(b) Other Banks | 2,93,490 | 3,20,577 | 1,450 | 0.5 | 38,828 | 16.6 | 27,088 | 9.2 | 41,713 | 18.0 | 47,611 | 17.4 | ||||
(ii) | Bank credit to commercial sector (a+b) | 5,78,538 | 6,10,565 | 3,100 | 0.5 | 12,134 | 2.4 | 32,027 | 5.5 | 65,526 | 14.8 | 1,02,442 | 20.2 | |||
(a) Reserve Bank | 15,270 | 11,361 | -1,762 | -13.4 | -2,448 | -20.0 | -3,909 | -25.6 | 1,596 | 19.5 | 1,584 | 16.2 | ||||
(b) Other Banks | 5,63,268 | 5,99,204 | 4,862 | 0.8 | 14,582 | 3.0 | 35,936 | 6.4 | 63,930 | 14.7 | 1,00,858 | 20.2 | ||||
(iii) | Net foreign exchange assets of banking sector | 2,05,648 | 2,02,611 | 1,464 | 0.7 | 583 | 0.3 | -3,037 | -1.5 | 24,471 | 15.9 | 24,175 | 13.5 | |||
(iv) | Government's currency liabilities to the public | 4,262 | 4,269 | | | 331 | 8.6 | 7 | 0.2 | 580 | 16.1 | 92 | 2.2 | |||
(v) | Banking sector's net non-monetary liabilities | |||||||||||||||
other than time deposits | 1,13,000 | 99,197 | -5,856 | -5.6 | -16,839 | -20.2 | -13,803 | -12.2 | -175 | -0.3 | 32,690 | 49.2 | ||||
of which : Net non-monetary liabilities of R.B.I. | 70,147 | 71,173 | 2,288 | 3.3 | 3,789 | 6.3 | 1,026 | 1.5 | 8,323 | 14.9 | 6,903 | 10.7 | ||||
@ : Includes Rs. 17,945 crore on account of Resurgent India Bonds (RIBs), since August 28, 1998. |