Money Stock : Components and Sources

Date: January 22, 2021

(₹ Crore)
Item	Outstanding as on		Variation over
	2020	2021	Fortnight		Financial Year so far				Year-on-Year
	2020	2021	Fortnight		2019-20		2020-21		2020		2021
	Mar. 31	Jan. 1	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
M3	16799963	18300352	244980	1.4	834092	5.4	1500388	8.9	1494810	10.1	2034193	12.5
1 Components (1.1.+1.2+1.3+1.4)
1.1 Currency with the Public	2349748	2674707	-6805	-0.3	127024	6.2	324958	13.8	227544	11.7	495473	22.7
1.2 Demand Deposits with Banks	1737692	1744689	58061	3.4	-137057	-8.4	6997	0.4	142306	10.6	255234	17.1
1.3 Time Deposits with Banks	12674016	13838546	193103	1.4	842204	7.2	1164530	9.2	1117083	9.8	1274739	10.1
1.4 ‘Other’ Deposits with Reserve Bank	38507	42410	621	1.5	1921	6.1	3903	10.1	7877	30.5	8747	26.0
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net Bank Credit to Government	4960362	5826510	189274	3.4	744899	17.0	866148	17.5	666563	14.9	693121	13.5
2.1.1 Reserve Bank	992192	1102053	121580		333258		109861		257475		-33156
2.1.2 Other Banks	3968170	4724457	67694	1.5	411641	11.5	756287	19.1	409088	11.4	726278	18.2
2.2 Bank Credit to Commercial Sector	11038644	11362980	158154	1.4	314729	3.0	324336	2.9	763862	7.7	665532	6.2
2.2.1 Reserve Bank	13166	11496	291		-9090		-1670		-1537		5223
2.2.2 Other Banks	11025478	11351485	157864	1.4	323819	3.1	326006	3.0	765399	7.7	660310	6.2
2.3 Net Foreign Exchange Assets of Banking Sector	3801036	4567300	1888	0.0	436078	14.2	766264	20.2	613841	21.2	1060382	30.2
2.4 Government's Currency Liabilities to the Public	26348	26618	–	–	351	1.4	271	1.0	440	1.7	380	1.4
2.5 Banking Sector's Net Non-Monetary Liabilities	3026427	3483057	104336	3.1	661965	27.2	456630	15.1	549896	21.6	385222	12.4
2.5.1 Net Non-Monetary Liabilities of RBI	1378342	1457429	-21148	-1.4	109590	10.4	79087	5.7	96969	9.1	289044	24.7