7. Money Stock : Components and Sources - RBI - Reserve Bank of India
7. Money Stock : Components and Sources
(Rs. crore) |
|||||||||||||
Outstanding as on |
Variation over |
||||||||||||
Financial year so far |
Year-on-year |
||||||||||||
2004 |
2005 |
Fortnight |
|||||||||||
2003-2004 |
2004-2005 |
2004 |
2005 |
||||||||||
Item |
Mar. 31# |
Mar. 18# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
20,03,102 |
22,65,328 |
27,305 |
1.2 |
2,84,898 |
16.6 |
2,62,226 |
13.1 |
2,81,843 |
16.4 |
2,62,470 |
13.1 |
||
M3 |
|||||||||||||
(22,61,759) |
(2,58,657) |
(12.9) |
(2,58,901) |
(12.9) |
|||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
3,15,493 |
3,57,458 |
5,793 |
1.6 |
45,154 |
16.6 |
41,966 |
13.3 |
41,205 |
15.0 |
40,724 |
12.9 |
(ii) |
Demand deposits with banks |
2,56,039 |
2,95,174 |
13,219 |
4.7 |
57,184 |
28.8 |
39,135 |
15.3 |
58,334 |
29.5 |
39,233 |
15.3 |
(iii) |
Time deposits with banks @ |
14,26,451 |
16,07,378 |
7,349 |
0.5 |
1,81,594 |
14.6 |
1,80,926 |
12.7 |
1,81,404 |
14.6 |
1,81,405 |
12.7 |
(16,03,809) |
(1,77,357) |
(12.4) |
(1,77,836) |
(12.5) |
|||||||||
(iv) |
"Other" deposits with Reserve Bank |
5,119 |
5,318 |
944 |
21.6 |
967 |
29.8 |
199 |
3.9 |
899 |
27.2 |
1,109 |
26.3 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,45,499 |
7,40,871 |
–9,634 |
–1.3 |
51,552 |
7.6 |
–4,628 |
–0.6 |
62,588 |
9.4 |
12,797 |
1.8 |
(7,28,678) |
(–16,821) |
(–2.3) |
(604) |
(0.1) |
|||||||||
(a) Reserve Bank |
44,907 |
–30,024 |
–13,947 |
–93,196 |
–74,931 |
–81,973 |
–57,507 |
||||||
(b) Other Banks |
7,00,591 |
7,70,895 |
4,313 |
0.6 |
1,44,748 |
26.0 |
70,303 |
10.0 |
1,44,561 |
26.0 |
70,303 |
10.0 |
|
(ii) |
Bank credit to commercial sector (a+b) |
10,17,902 |
12,76,878 |
22,654 |
1.8 |
1,19,004 |
13.2 |
2,58,975 |
25.4 |
1,19,297 |
13.3 |
2,58,893 |
25.4 |
(12,44,196) |
(2,26,293) |
(22.2) |
(2,26,211) |
(22.2) |
|||||||||
(a) Reserve Bank |
2,061 |
1,390 |
— |
— |
–1,005 |
–33.0 |
–672 |
–32.6 |
–929 |
–31.3 |
–653 |
–32.0 |
|
(b) Other Banks |
10,15,841 |
12,75,488 |
22,654 |
1.8 |
1,20,009 |
13.4 |
2,59,647 |
25.6 |
1,20,227 |
13.4 |
2,59,546 |
25.5 |
|
(iii) |
Net foreign exchange assets of banking sector |
5,26,586 |
6,52,313 |
19,526 |
3.1 |
1,45,861 |
37.0 |
1,25,727 |
23.9 |
1,52,025 |
39.2 |
1,12,738 |
20.9 |
(iv) |
Government's currency liabilities to the public |
7,296 |
7,374 |
— |
— |
225 |
3.2 |
79 |
1.1 |
225 |
3.2 |
79 |
1.1 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
2,94,181 |
4,12,109 |
5,240 |
1.3 |
31,743 |
12.3 |
1,17,928 |
40.1 |
52,292 |
22.0 |
1,22,036 |
42.1 |
|
of which : Net non-monetary liabilities of RBI |
1,07,585 |
1,30,506 |
2,077 |
1.6 |
1,181 |
0.9 |
22,921 |
21.3 |
3,950 |
3.2 |
2,183 |
1.7 |
|
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |