Money Stock : Components and Sources

Date: March 27, 2020

(₹ Crore)
Item	Outstanding as on		Variation over
	2019	2020	Fortnight		Financial Year so far				Year-on-Year
	2019	2020	Fortnight		2018-19		2019-20		2019		2020
	Mar. 31	Mar. 13	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
M3	15432067	16526566	67589	0.4	1124501	8.1	1094499	7.1	1452044	10.6	1439478	9.5
1 Components (1.1.+1.2+1.3+1.4)
1.1 Currency with the Public	2052209	2308312	52885	2.3	304076	17.3	256102	12.5	310516	17.7	244523	11.8
1.2 Demand Deposits with Banks	1626512	1576035	-2835	-0.2	-78849	–5.3	-50478	–3.1	117130	9.1	171171	12.2
1.3 Time Deposits with Banks	11721603	12606045	15922	0.1	895418	8.4	884441	7.5	1017613	9.6	1015371	8.8
1.4 ‘Other’ Deposits with Reserve Bank	31742	36175	1617	4.7	3856	16.1	4433	14.0	6785	32.3	8412	30.3
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net Bank Credit to Government	4388490	5038798	54894	1.1	520618	13.0	650308	14.8	531320	13.3	516780	11.4
2.1.1 Reserve Bank	801951	1023925	33386		445362		221974		472023		102599
2.1.2 Other Banks	3586539	4014873	21508	0.5	75256	2.1	428334	11.9	59297	1.7	414181	11.5
2.2 Bank Credit to Commercial Sector	10382719	10796486	37041	0.3	943129	10.2	413767	4.0	1227862	13.8	639641	6.3
2.2.1 Reserve Bank	15363	3730	-49		-5217		-11633		-380		-5078
2.2.2 Other Banks	10367356	10792756	37090	0.3	948346	10.3	425400	4.1	1228242	13.8	644719	6.4
2.3 Net Foreign Exchange Assets of Banking Sector	3070841	3761465	79796	2.2	14229	0.5	690625	22.5	69423	2.4	824940	28.1
2.4 Government's Currency Liabilities to the Public	25887	26315	–	–	190	0.7	427	1.7	203	0.8	473	1.8
2.5 Banking Sector's Net Non-Monetary Liabilities	2435870	3096498	104142	3.5	353665	16.1	660627	27.1	376764	17.3	542357	21.2
2.5.1 Net Non-Monetary Liabilities of RBI	1058795	1309337	94458	7.8	174905	19.3	250542	23.7	186496	20.8	227442	21.0