7. Money Stock : Components and Sources - RBI - Reserve Bank of India
7. Money Stock : Components and Sources
81853897
7. Money Stock : Components and Sources
Date: October 17, 1998
| (Rs. crore) | |||||||||||||||||||
|
|
|||||||||||||||||||
| Outstanding | Variation over | ||||||||||||||||||
| as on
|
|
|
|
|
|
|
|
|
|
||||||||||
| Item | Financial year so far
|
||||||||||||||||||
| 1998
|
|
Fortnight
|
1997-98
|
1998-99
|
Year
|
|
|||||||||||||
| Mar. 31# | Sept. 25# | Amount | % | Amount | % | Amount | % | Amount | % | ||||||||||
|
|
|||||||||||||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | |||||||||
|
|
|||||||||||||||||||
| M3 | 8,25,389 | 8,95,718 | @ | 8,077 | 0.9 | 48,804 | 7.0 | 70,329 | 8.5 | 1,45,066 | 19.3 | ||||||||
| Components (i+ii+iii+iv) | |||||||||||||||||||
| (i) | Currency with the Public | 1,45,182 | 1,51,437 | -1,729 | -1.1 | 3,295 | 2.5 | 6,254 | 4.3 | 16,055 | 11.9 | ||||||||
| (ii) | Demand deposits with | ||||||||||||||||||
| banks | 1,18,435 | 1,14,556 | 3,724 | 3.4 | -1,761 | -1.7 | -3,880 | -3.3 | 10,983 | 10.6 | |||||||||
| (iii) | Time deposits with banks | 5,58,167 | 6,25,953 | @ | 5,999 | 1.0 | 46,329 | 10.0 | 67,786 | 12.1 | 1,18,391 | 23.3 | |||||||
| (iv) | "Other" deposits with | ||||||||||||||||||
| Reserve Bank | 3,604 | 3,773 | 83 | 942 | 169 | -363 | |||||||||||||
| Sources (i+ii+iii+iv-v) | |||||||||||||||||||
| (i) | Net bank credit to | ||||||||||||||||||
| Government (a+b) | 3,30,619 | 3,66,624 | -3460 | -0.9 | 14,154 | 4.9 | 36,004 | 10.9 | 63,850 | 21.1 | |||||||||
| (a) Reserve Bank | 1,35,160 | 1,36,419 | -10,250 | -10,488 | 1,260 | 22,726 | |||||||||||||
| (b) Other Banks | 1,95,460 | 2,30,204 | 6,790 | 24,642 | 34,745 | 41,124 | |||||||||||||
| (ii) | Bank credit to commercial | ||||||||||||||||||
| sector (a+b) | 4,32,190 | 4,37,193 | 4,674 | 1.1 | 1,458 | 0.4 | 5,003 | 1.2 | 59,427 | 15.7 | |||||||||
| (a) Reserve Bank | 8,186 | 8,182 | 15 | 1,297 | -4 | 638 | |||||||||||||
| (b) Other Banks | 4,24,004 | 4,29,011 | 4,660 | 161 | 5,007 | 58,789 | |||||||||||||
| (iii) | Net foreign exchange assets | ||||||||||||||||||
| of banking sector | 1,26,569 | 1,34,620 | 553 | 0.4 | 11,855 | 11.2 | 8,050 | 6.4 | 17,269 | 14.7 | |||||||||
| (iv) | Government's currency | ||||||||||||||||||
| liabilities to the public | 3,120 | 3,522 | - | 215 | 402 | 389 | |||||||||||||
| (v) | Banking sector's net non- | ||||||||||||||||||
| monetary liabilities | |||||||||||||||||||
| other than time deposits | 67,110 | 46,240 | -6,309 | -21,122 | -20,869 | -4,132 | |||||||||||||
| of which : Net non-monetary | |||||||||||||||||||
| liabilities of R.B.I. | 43,219 | 55,897 | 758 | -999 | 12,678 | 21,712 | |||||||||||||
|
|
|||||||||||||||||||
| @ : | Includes Rs. 17,945 crore on account of proceeds from Resurgent India Bonds (RIBs). Excluding these proceeds, the year-on-year M3 growth rate in column 11 would work out to be 16.9 per cent. |
Share this page:
Install the RBI mobile application and get quick access to the latest news!
Was this page helpful?
