Money Stock : Components and Sources - RBI - Reserve Bank of India
Money Stock : Components and Sources
(` Billion) |
||||||||||||
Item |
Outstanding as on |
Variation over |
||||||||||
2011 |
2012 |
Fortnight |
Financial Year so far |
Year-on-Year |
||||||||
2010-2011 |
2011-2012 |
2011 |
2012 |
|||||||||
Mar. 31# |
Jan. 13# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
|
M3 |
64,994.9 |
71,925.7 |
–61.1 |
–0.1 |
6,062.4 |
10.8 |
6,930.8 |
10.7 |
8,905.1 |
16.7 |
9,836.4 |
15.8 |
Components (i+ii+iii+iv) |
||||||||||||
(i) Currency with the Public |
9,142.0 |
10,006.0 |
226.1 |
2.3 |
1,242.4 |
16.2 |
864.0 |
9.5 |
1,429.5 |
19.1 |
1,088.7 |
12.2 |
(ii) Demand Deposits with Banks |
7,176.6 |
6,699.1 |
–394.7 |
–5.6 |
–738.5 |
–10.3 |
–477.5 |
–6.7 |
417.8 |
6.9 |
257.9 |
4.0 |
(iii) Time Deposits with Banks |
48,639.8 |
55,199.2 |
109.0 |
0.2 |
5,567.4 |
13.5 |
6,559.4 |
13.5 |
7,066.4 |
17.8 |
8,497.5 |
18.2 |
(iv) ‘Other’ Deposits with Reserve Bank |
36.5 |
21.4 |
–1.5 |
–6.5 |
–9.0 |
–23.6 |
–15.1 |
–41.3 |
–8.6 |
–22.8 |
–7.7 |
–26.3 |
Sources (i+ii+iii+iv-v) |
||||||||||||
(i) Net Bank Credit to Government (a+b) |
19,827.7 |
22,753.3 |
402.2 |
1.8 |
1,566.9 |
9.4 |
2,925.6 |
14.8 |
2,833.7 |
18.4 |
4,494.6 |
24.6 |
(a) Reserve Bank |
3,965.5 |
4,933.5 |
432.9 |
|
677.0 |
|
968.0 |
|
1,878.5 |
|
2,140.7 |
|
(b) Other Banks |
15,862.2 |
17,819.8 |
–30.7 |
–0.2 |
889.9 |
6.1 |
1,957.6 |
12.3 |
955.2 |
6.6 |
2,353.9 |
15.2 |
(ii) Bank Credit to Commercial Sector (a+b) |
42,354.1 |
46,715.9 |
–102.1 |
–0.2 |
5,129.4 |
14.7 |
4,361.8 |
10.3 |
7,523.2 |
23.1 |
6,672.4 |
16.7 |
(a) Reserve Bank |
21.6 |
31.6 |
–1.0 |
— |
0.5 |
— |
10.0 |
— |
–36.6 |
— |
17.8 |
— |
(b) Other Banks |
42,332.4 |
46,684.3 |
–101.0 |
–0.2 |
5,128.9 |
14.7 |
4,351.8 |
10.3 |
7,559.8 |
23.3 |
6,654.6 |
16.6 |
(iii) Net Foreign Exchange Assets of Banking Sector * |
13,933.4 |
15,208.6 |
–697.0 |
–4.4 |
809.8 |
6.3 |
1,275.2 |
9.2 |
442.5 |
3.4 |
1,584.1 |
11.6 |
(iv) Government's Currency Liabilities to the Public |
127.2 |
137.2 |
— |
— |
11.0 |
9.8 |
9.9 |
7.8 |
14.5 |
13.3 |
13.4 |
10.8 |
(v) Banking Sector's Net Non-Monetary Liabilities |
11,247.6 |
12,889.3 |
–335.8 |
–2.5 |
1,454.8 |
17.1 |
1,641.7 |
14.6 |
1,908.8 |
23.7 |
2,928.2 |
29.4 |
of which: | ||||||||||||
Net Non-Monetary Liabilities of RBI |
3,683.5 |
5,697.1 |
–535.3 |
–8.6 |
532.9 |
17.7 |
2,013.6 |
54.7 |
–20.2 |
–0.6 |
2,147.8 |
60.5 |
* Includes investments in foreign currency denominated bonds issued by IIFC(UK) since March 20, 2009. Note: Government balances as on March 31, 2011 are after closure of accounts. |