Money Stock : Components and Sources - RBI - Reserve Bank of India
Money Stock : Components and Sources
(Rs. crore) |
||||||||||||||
Outstanding as on |
Variation over |
|||||||||||||
Financial year so far |
Year-on-year |
|||||||||||||
2006 |
Fortnight |
|||||||||||||
2005-2006 |
2006-2007 |
2005 |
2006 |
|||||||||||
Item |
Mar. 31 # |
Jul. 7 # |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
||
27,29,535 |
28,20,649 |
33,054 |
1.2 |
1,21,948 |
5.4 |
91,114 |
3.3 |
2,90,207 |
13.9 |
4,47,252 |
18.8 |
|||
M3 |
||||||||||||||
(2,86,694) |
(13.8) |
|||||||||||||
Components (i+ii+iii+iv) |
||||||||||||||
(i) |
Currency with the Public |
4,13,143 |
4,38,188 |
–749 |
–0.2 |
20,778 |
5.8 |
25,046 |
6.1 |
45,381 |
13.7 |
61,548 |
16.3 |
|
(ii) |
Demand deposits with banks |
4,05,224 |
3,73,084 |
9,564 |
2.6 |
10,397 |
3.6 |
–32,140 |
–7.9 |
56,148 |
23.5 |
77,532 |
26.2 |
|
(iii) |
Time deposits with banks @ |
19,04,290 |
20,02,698 |
23,590 |
1.2 |
92,357 |
5.8 |
98,408 |
5.2 |
1,88,427 |
12.5 |
3,06,387 |
18.1 |
|
(1,84,914) |
(12.3) |
|||||||||||||
(iv) |
'Other' deposits with Reserve Bank |
6,879 |
6,679 |
650 |
10.8 |
–1,585 |
–24.5 |
–200 |
–2.9 |
251 |
5.4 |
1,786 |
36.5 |
|
Sources (i+ii+iii+iv-v) |
||||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,69,093 |
8,02,655 |
13,472 |
1.7 |
14,201 |
1.9 |
33,562 |
4.4 |
11,790 |
1.6 |
31,687 |
4.1 |
|
(–403) |
(–0.1) |
|||||||||||||
(a) Reserve Bank |
8,136 |
–2,191 |
–10,381 |
12,716 |
–10,328 |
–6,529 |
3,068 |
|||||||
(b) Other Banks |
7,60,956 |
8,04,846 |
23,853 |
3.1 |
1,485 |
0.2 |
43,890 |
5.8 |
18,318 |
2.4 |
28,620 |
3.7 |
||
(ii) |
Bank credit to commercial sector (a+b) |
16,90,961 |
17,31,749 |
18,909 |
1.1 |
77,062 |
6.0 |
40,789 |
2.4 |
2,99,955 |
28.4 |
3,74,438 |
27.6 |
|
(2,67,073) |
(25.3) |
|||||||||||||
(a) Reserve Bank |
1,387 |
1,384 |
–3 |
–0.2 |
–3 |
–0.2 |
–3 |
–0.2 |
–503 |
–26.6 |
–3 |
–0.2 |
||
(b) Other Banks |
16,89,574 |
17,30,365 |
18,912 |
1.1 |
77,065 |
6.0 |
40,791 |
2.4 |
3,00,457 |
28.5 |
3,74,441 |
27.6 |
||
(iii) |
Net foreign exchange assets of banking sector |
7,26,194 |
8,02,596 |
4,556 |
0.6 |
–21,112 |
–3.3 |
76,402 |
10.5 |
47,558 |
8.2 |
1,74,453 |
27.8 |
|
(iv) |
Government's currency liabilities to the public |
8,754 |
8,818 |
— |
— |
384 |
5.2 |
64 |
0.7 |
499 |
6.8 |
986 |
12.6 |
|
(v) |
Banking sector's net non-monetary liabilities |
|||||||||||||
other than time deposits |
4,65,466 |
5,25,169 |
3,884 |
0.7 |
–51,412 |
–11.6 |
59,702 |
12.8 |
69,595 |
21.7 |
1,34,312 |
34.4 |
||
of which : Net non-monetary liabilities of RBI |
1,23,990 |
1,76,310 |
–1,293 |
–0.7 |
–19,134 |
–16.0 |
52,319 |
42.2 |
–36,015 |
–26.4 |
75,668 |
75.2 |
||
@ : Data reflect redemption of India Millennium Deposits (IMDs) on December 29, 2005. |