7. Money Stock : Components and Sources - RBI - Reserve Bank of India
7. Money Stock : Components and Sources
(Rs. crore) |
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Outstanding as on |
Variation over |
||||||||||||
Financial year so far |
Year-on-year |
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2004 |
Fortnight |
||||||||||||
2003-2004 |
2004-2005 |
2003 |
2004 |
||||||||||
Item |
Mar. 31# |
Oct. 29# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
20,03,102 |
21,35,530 |
12,017 |
0.6 |
1,53,474 |
8.9 |
1,32,428 |
6.6 |
2,02,092 |
12.1 |
2,64,097 |
14.1 |
||
M3 |
|||||||||||||
(21,31,961) |
(1,28,859) |
(6.4) |
(2,60,528) |
(13.9) |
|||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
3,15,493 |
3,30,716 |
672 |
0.2 |
22,388 |
8.2 |
15,223 |
4.8 |
35,920 |
13.9 |
36,747 |
12.5 |
(ii) |
Demand deposits with banks |
2,56,039 |
2,76,811 |
14,664 |
5.6 |
20,369 |
10.2 |
20,772 |
8.1 |
33,883 |
18.3 |
57,685 |
26.3 |
(iii) |
Time deposits with banks @ |
14,26,451 |
15,21,636 |
–3,139 |
–0.2 |
1,09,112 |
8.8 |
95,185 |
6.7 |
1,30,667 |
10.7 |
1,68,145 |
12.4 |
(15,18,067) |
(91,616) |
(6.4) |
(1,64,576) |
(12.2) |
|||||||||
(iv) |
"Other" deposits with Reserve Bank |
5,119 |
6,367 |
–180 |
–2.8 |
1,605 |
49.5 |
1,248 |
24.4 |
1,622 |
50.3 |
1,520 |
31.4 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,45,499 |
7,55,555 |
441 |
0.1 |
44,686 |
6.6 |
10,056 |
1.3 |
71,801 |
11.1 |
34,346 |
4.8 |
(7,43,362) |
(–2,137) |
(–0.3) |
(22,153) |
(3.1) |
|||||||||
(a) Reserve Bank |
44,907 |
22,554 |
1,689 |
8.1 |
–49,470 |
–41.0 |
–22,353 |
–49.8 |
–71,301 |
–50.0 |
–48,656 |
–68.3 |
|
(b) Other Banks |
7,00,591 |
7,33,001 |
–1,248 |
–0.2 |
94,156 |
16.9 |
32,410 |
4.6 |
1,43,102 |
28.2 |
83,002 |
12.8 |
|
(ii) |
Bank credit to commercial sector (a+b) |
10,17,902 |
11,70,592 |
17,083 |
1.5 |
38,772 |
4.3 |
1,52,690 |
15.0 |
90,335 |
10.7 |
2,32,839 |
24.8 |
(11,37,910) |
(1,20,008) |
(11.8) |
(2,00,157) |
(21.3) |
|||||||||
(a) Reserve Bank |
2,061 |
1,889 |
— |
— |
–150 |
–4.9 |
–172 |
–8.3 |
–44 |
–1.5 |
–1,009 |
–34.8 |
|
(b) Other Banks |
10,15,841 |
11,68,702 |
17,083 |
1.5 |
38,922 |
4.3 |
1,52,862 |
15.0 |
90,379 |
10.7 |
2,33,848 |
25.0 |
|
(iii) |
Net foreign exchange assets of banking sector |
5,26,586 |
5,87,137 |
2,209 |
0.4 |
58,790 |
14.9 |
60,550 |
11.5 |
93,930 |
26.2 |
1,34,632 |
29.8 |
(iv) |
Government's currency liabilities to the public |
7,296 |
7,339 |
— |
— |
181 |
2.6 |
44 |
0.6 |
401 |
5.9 |
87 |
1.2 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
2,94,181 |
3,85,093 |
7,716 |
2.0 |
–11,044 |
–4.3 |
90,912 |
30.9 |
54,376 |
28.2 |
1,37,807 |
55.7 |
|
of which : Net non-monetary liabilities of RBI |
1,07,585 |
1,36,819 |
1,135 |
0.8 |
–10,167 |
–8.0 |
29,235 |
27.2 |
2,309 |
2.0 |
19,845 |
17.0 |
|
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), |