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 |
||||||||||||
2005 |
Fortnight |
||||||||||||
2004-2005 |
2005-2006 |
2004 |
2005 |
||||||||||
Item |
Mar. 31# |
Apr. 15# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
22,69,156 |
23,36,946 |
21,886 |
0.9 |
44,815 |
2.2 |
67,790 |
3.0 |
2,82,786 |
16.0 |
2,83,603 |
13.8 |
||
M3 |
|||||||||||||
(22,65,587) |
(23,33,377) |
(2,80,034) |
(13.6) |
||||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
3,57,424 |
3,69,606 |
13,495 |
3.8 |
12,315 |
3.9 |
12,182 |
3.4 |
43,554 |
15.3 |
41,883 |
12.8 |
(ii) |
Demand deposits with banks |
2,97,088 |
3,05,485 |
–10,017 |
–3.2 |
–3,819 |
–1.5 |
8,397 |
2.8 |
48,101 |
23.3 |
51,291 |
20.2 |
(iii) |
Time deposits with banks @ |
16,08,161 |
16,57,144 |
20,020 |
1.2 |
37,611 |
2.6 |
48,983 |
3.0 |
1,90,375 |
14.9 |
1,89,544 |
12.9 |
(16,04,592) |
(16,53,575) |
(1,85,975) |
(12.7) |
||||||||||
(iv) |
"Other" deposits with Reserve Bank |
6,483 |
4,711 |
–1,613 |
–25.5 |
–1,293 |
–25.3 |
–1,771 |
–27.3 |
755 |
24.6 |
885 |
23.1 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,62,496 |
7,65,124 |
10,146 |
1.3 |
–4,646 |
–0.6 |
2,628 |
0.3 |
38,991 |
5.6 |
26,104 |
3.5 |
(7,50,303) |
(7,52,931) |
(13,911) |
(1.9) |
||||||||||
(a) Reserve Bank |
–12,197 |
–4,541 |
23,121 |
–46,554 |
7,656 |
–1,28,906 |
–2,894 |
||||||
(b) Other Banks |
7,74,694 |
7,69,665 |
–12,975 |
–1.7 |
41,909 |
6.0 |
–5,029 |
–0.6 |
1,67,897 |
29.3 |
28,998 |
3.9 |
|
(ii) |
Bank credit to commercial sector (a+b) |
12,75,027 |
13,13,234 |
–12,122 |
–0.9 |
19,382 |
1.9 |
38,207 |
3.0 |
1,38,513 |
15.4 |
2,73,378 |
26.3 |
(12,42,345) |
(12,80,552) |
(2,40,696) |
(23.1) |
||||||||||
(a) Reserve Bank |
1,389 |
1,389 |
— |
— |
–37 |
–1.8 |
— |
— |
–977 |
–32.6 |
–635 |
–31.4 |
|
(b) Other Banks |
12,73,637 |
13,11,844 |
–12,122 |
–0.9 |
19,419 |
1.9 |
38,207 |
3.0 |
1,39,490 |
15.5 |
2,74,012 |
26.4 |
|
(iii) |
Net foreign exchange assets of banking sector |
6,51,998 |
6,53,254 |
2,608 |
0.4 |
25,806 |
4.9 |
1,256 |
0.2 |
1,56,539 |
39.5 |
1,00,862 |
18.3 |
(iv) |
Government's currency liabilities to the public |
7,436 |
7,436 |
— |
— |
— |
— |
— |
— |
189 |
2.7 |
141 |
1.9 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
4,27,801 |
4,02,102 |
–21,253 |
–5.0 |
–4,272 |
–1.5 |
–25,699 |
–6.0 |
51,446 |
22.0 |
1,16,881 |
41.0 |
|
of which : Net non-monetary liabilities of RBI |
1,25,548 |
1,26,180 |
2,970 |
2.4 |
–1,235 |
–1.1 |
632 |
0.5 |
–17,588 |
–14.2 |
19,830 |
18.6 |
|
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |