7. Money Stock : Components and Sources - RBI - Reserve Bank of India
7. Money Stock : Components and Sources
(Rs. crore) |
|||||||||||||
|
|||||||||||||
Outstanding as on |
Variation over |
||||||||||||
2002 |
2003 |
Financial year so far |
Year-on-year |
||||||||||
Mar. 31# |
Feb.7# |
Fortnight |
2001-2002 |
2002-2003 |
2002 |
2003 |
|||||||
Item |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|||
|
|||||||||||||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
|
|||||||||||||
M3 |
15,00,003 |
17,04,570 |
13,429 |
0.8 |
1,55,258 |
11.8 |
2,04,567 |
13.6 |
1,80,358 |
14.0 |
2,36,092 |
16.1 |
|
[16,61,978] |
[1,61,975] |
[10.8] |
[1,93,500] |
[13.2] |
|||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
2,41,399 |
2,69,531 |
4,206 |
1.6 |
28,819 |
13.8 |
28,132 |
11.7 |
27,676 |
13.1 |
31,162 |
13.1 |
(ii) |
Demand deposits with banks |
1,78,284 |
1,89,143 |
3,911 |
2.1 |
576 |
0.3 |
10,859 |
6.1 |
13,297 |
8.7 |
22,298 |
13.4 |
(iii) |
Time deposits with banks@ |
10,77,470 |
12,43,041 |
5,066 |
0.4 |
1,27,277 |
13.6 |
1,65,572 |
15.4 |
1,39,371 |
15.1 |
1,81,994 |
17.2 |
[12,00,449] |
[1,22,980] |
[11.4] |
[1,39,402] |
[13.1] |
|||||||||
(iv) |
"Other" deposits with Reserve Bank |
2,850 |
2,854 |
245 |
9.4 |
–1,414 |
–39.0 |
4 |
0.2 |
14 |
0.6 |
638 |
28.8 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
5,86,466 |
6,49,909 |
7,848 |
1.2 |
70,278 |
13.7 |
63,442 |
10.8 |
80,796 |
16.1 |
67,675 |
11.6 |
(a) Reserve Bank |
1,52,178 |
1,08,508 |
684 |
0.6 |
1,888 |
1.2 |
–43,670 |
–28.7 |
1,710 |
1.1 |
–47,257 |
–30.3 |
|
(b) Other Banks |
4,34,288 |
5,41,401 |
7,164 |
1.3 |
68,390 |
19.1 |
1,07,113 |
24.7 |
79,086 |
22.8 |
1,14,933 |
26.9 |
|
(ii) |
Bank credit to commercial sector (a+b) |
7,56,265 |
8,73,654 |
7,666 |
0.9 |
58,022 |
8.5 |
1,17,389 |
15.5 |
76,092 |
11.5 |
1,36,414 |
18.5 |
(a) Reserve Bank |
5,929 |
2,906 |
–19 |
–0.7 |
–5,089 |
–38.3 |
–3,023 |
–51.0 |
–2,975 |
–26.6 |
–5,291 |
–64.6 |
|
(b) Other Banks |
7,50,336 |
8,70,748 |
7,685 |
0.9 |
63,111 |
9.5 |
1,20,412 |
16.0 |
79,067 |
12.2 |
1,41,705 |
19.4 |
|
(iii) |
Net foreign exchange assets of banking sector |
3,14,733 |
4,02,530 |
5,853 |
1.5 |
43,086 |
17.2 |
87,797 |
27.9 |
51,831 |
21.5 |
1,09,624 |
37.4 |
(iv) |
Government's currency liabilities to the public |
6,366 |
6,851 |
— |
— |
802 |
15.0 |
485 |
7.6 |
932 |
17.9 |
696 |
11.3 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
1,63,828 |
2,28,373 |
7,939 |
3.6 |
16,930 |
12.7 |
64,545 |
39.4 |
29,294 |
24.3 |
78,317 |
52.2 |
|
of which : Net non-monetary liabilities of RBI |
1,01,220 |
1,27,239 |
104 |
0.1 |
21,916 |
27.6 |
26,019 |
25.7 |
19,329 |
23.6 |
25,978 |
25.7 |
|
|
|||||||||||||
@ : Includes Rs.17,945 crore on account of proceeds from Resurgent India Bonds (RIBs), since August 28, 1998 and Rs.25,662 crore on account of proceeds from India |