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 |
||||||||||||
2004 |
Fortnight |
||||||||||||
2003-2004 |
2004-2005 |
2003 |
2004 |
||||||||||
Item |
Mar. 31# |
Nov. 26# |
Amount % |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
20,03,102 |
21,39,121 |
6,442 |
0.3 |
1,63,832 |
9.5 |
1,36,019 |
6.8 |
2,08,254 |
12.4 |
2,57,329 |
13.7 |
||
M3 |
|||||||||||||
(21,35,552) |
(1,32,450) |
(6.6) |
(2,53,760) |
(13.5) |
|||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
3,15,493 |
3,43,100 |
–4,710 |
–1.4 |
25,570 |
9.4 |
27,607 |
8.8 |
38,547 |
14.9 |
45,948 |
15.5 |
(ii) |
Demand deposits with banks |
2,56,039 |
2,58,756 |
2,208 |
0.9 |
15,393 |
7.7 |
2,717 |
1.1 |
29,208 |
15.8 |
44,606 |
20.8 |
(iii) |
Time deposits with banks @ |
14,26,451 |
15,33,023 |
11,356 |
0.7 |
1,22,749 |
9.9 |
1,06,572 |
7.5 |
1,40,069 |
11.4 |
1,65,895 |
12.1 |
(15,29,454) |
(1,03,003) |
(7.2) |
(1,62,326) |
(11.9) |
|||||||||
(iv) |
"Other" deposits with Reserve Bank |
5,119 |
4,242 |
–2,412 |
–36.2 |
120 |
3.7 |
–877 |
–17.1 |
430 |
14.7 |
880 |
26.2 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,45,499 |
7,46,042 |
–2,216 |
–0.3 |
51,003 |
7.5 |
543 |
0.1 |
79,636 |
12.3 |
18,517 |
2.5 |
(7,33,849) |
(–11,650) |
(–1.6) |
(6,324) |
(0.9) |
|||||||||
(a) Reserve Bank |
44,907 |
18,204 |
–12,533 |
–40.8 |
–56,841 |
–47.1 |
–26,703 |
–59.5 |
–54,295 |
–46.0 |
–45,634 |
–71.5 |
|
(b) Other Banks |
7,00,591 |
7,27,838 |
10,317 |
1.4 |
1,07,843 |
19.4 |
27,247 |
3.9 |
1,33,931 |
25.3 |
64,151 |
9.7 |
|
(ii) |
Bank credit to commercial sector (a+b) |
10,17,902 |
11,91,187 |
12,982 |
1.1 |
43,325 |
4.8 |
1,73,285 |
17.0 |
97,641 |
11.6 |
2,48,881 |
26.4 |
(11,58,505) |
(1,40,603) |
(13.8) |
(2,16,199) |
(22.9) |
|||||||||
(a) Reserve Bank |
2,061 |
1,889 |
–520 |
–21.6 |
–964 |
–31.6 |
–172 |
–8.3 |
–1,020 |
–32.9 |
–195 |
–9.4 |
|
(b) Other Banks |
10,15,841 |
11,89,298 |
13,502 |
1.1 |
44,289 |
4.9 |
1,73,457 |
17.1 |
98,661 |
11.7 |
2,49,076 |
26.5 |
|
(iii) |
Net foreign exchange assets of banking sector |
5,26,586 |
6,07,733 |
13,139 |
2.2 |
80,245 |
20.4 |
81,146 |
15.4 |
1,04,679 |
28.3 |
1,33,772 |
28.2 |
(iv) |
Government's currency liabilities to the public |
7,296 |
7,339 |
— |
— |
191 |
2.7 |
44 |
0.6 |
356 |
5.1 |
77 |
1.1 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
2,94,181 |
4,13,180 |
17,464 |
4.4 |
10,932 |
4.2 |
1,18,999 |
40.5 |
74,058 |
37.9 |
1,43,918 |
53.4 |
|
of which : Net non-monetary liabilities of RBI |
1,07,585 |
1,42,972 |
3,984 |
2.9 |
–1,116 |
–0.9 |
35,388 |
32.9 |
11,247 |
9.8 |
16,947 |
13.4 |
|
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |