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. 29# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
22,69,156 |
23,43,523 |
6,576 |
0.3 |
53,331 |
2.7 |
74,366 |
3.3 |
2,87,893 |
16.2 |
2,81,662 |
13.7 |
||
M3 |
|||||||||||||
(22,65,587) |
(23,39,954) |
(2,78,093) |
(13.5) |
||||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
3,57,424 |
3,71,982 |
2,376 |
0.6 |
14,423 |
4.6 |
14,558 |
4.1 |
45,283 |
15.9 |
42,151 |
12.8 |
(ii) |
Demand deposits with banks |
2,97,088 |
2,95,017 |
–10,469 |
–3.4 |
–6,252 |
–2.4 |
–2,072 |
–0.7 |
48,608 |
23.9 |
43,255 |
17.2 |
(iii) |
Time deposits with banks @ |
16,08,161 |
16,72,028 |
14,884 |
0.9 |
46,473 |
3.2 |
63,867 |
4.0 |
1,93,152 |
15.1 |
1,95,567 |
13.2 |
(16,04,592) |
(16,68,459) |
(1,91,998) |
(13.0) |
||||||||||
(iv) |
'Other' deposits with Reserve Bank |
6,483 |
4,496 |
–215 |
–4.6 |
–1,312 |
–25.6 |
–1,987 |
–30.6 |
850 |
28.7 |
689 |
18.1 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,62,496 |
7,72,446 |
7,322 |
1.0 |
10,105 |
1.4 |
9,950 |
1.3 |
40,739 |
5.7 |
18,675 |
2.5 |
(7,50,303) |
(7,60,253) |
(6,482) |
(0.9) |
||||||||||
(a) Reserve Bank |
–12,197 |
–1,199 |
3,342 |
–31,547 |
10,999 |
–1,16,097 |
–14,560 |
||||||
(b) Other Banks |
7,74,694 |
7,73,645 |
3,980 |
0.5 |
41,652 |
6.0 |
–1,049 |
–0.1 |
1,56,837 |
26.9 |
33,235 |
4.5 |
|
(ii) |
Bank credit to commercial sector (a+b) |
12,75,027 |
13,07,001 |
–6,233 |
–0.5 |
22,659 |
2.2 |
31,974 |
2.5 |
1,40,124 |
15.5 |
2,63,868 |
25.3 |
(12,42,345) |
(12,74,319) |
(2,31,186) |
(22.2) |
||||||||||
(a) Reserve Bank |
1,389 |
1,389 |
— |
— |
–39 |
–1.9 |
— |
— |
–972 |
–32.5 |
–632 |
–31.3 |
|
(b) Other Banks |
12,73,637 |
13,05,612 |
–6,233 |
–0.5 |
22,699 |
2.2 |
31,974 |
2.5 |
1,41,096 |
15.7 |
2,64,500 |
25.4 |
|
(iii) |
Net foreign exchange assets of banking sector |
6,51,998 |
6,52,299 |
–955 |
–0.1 |
35,596 |
6.8 |
301 |
— |
1,59,244 |
39.5 |
90,117 |
16.0 |
(iv) |
Government's currency liabilities to the public |
7,436 |
7,436 |
— |
— |
18 |
0.2 |
— |
— |
207 |
2.9 |
123 |
1.7 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
4,27,801 |
3,95,660 |
–6,442 |
–1.6 |
15,047 |
5.2 |
–32,141 |
–7.5 |
52,422 |
20.8 |
91,120 |
29.9 |
|
of which : Net non-monetary liabilities of RBI |
1,25,548 |
1,25,250 |
–930 |
–0.7 |
3,453 |
3.2 |
–299 |
–0.2 |
–16,173 |
–12.7 |
14,212 |
12.8 |
|
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |