Money Stock : Components and Sources

Date: February 18, 2022

(₹ Crore)
Item	Outstanding as on		Variation over
	2021	2022	Fortnight		Financial Year so far				Year-on-Year
	2021	2022	Fortnight		2020-21		2021-22		2021		2022
	Mar. 31	Jan. 28	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
M3	18844578	19947333	39986	0.2	1606702	9.6	1102756	5.9	1988041	12.1	1540668	8.4
1 Components (1.1.+1.2+1.3+1.4)
1.1 Currency with the Public	2751828	2931191	-3521	-0.1	357465	15.2	179363	6.5	488437	22.0	223978	8.3
1.2 Demand Deposits with Banks	1995120	2043597	76456	3.9	76577	4.4	48477	2.4	265086	17.1	229328	12.6
1.3 Time Deposits with Banks	14050278	14919907	-35950	-0.2	1167946	9.2	869629	6.2	1225152	9.7	1077946	7.8
1.4 ‘Other’ Deposits with Reserve Bank	47351	52638	3001	6.0	4715	12.2	5287	11.2	9366	27.7	9416	21.8
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net Bank Credit to Government	5850374	5934151	-150193	-2.5	775119	15.6	83777	1.4	720887	14.4	198670	3.5
2.1.1 Reserve Bank	1099686	1058706	-102348		65856		-40980		1011		658
2.1.2 Other Banks	4750689	4875445	-47845	-1.0	709264	17.9	124757	2.6	719876	18.2	198011	4.2
2.2 Bank Credit to Commercial Sector	11668466	12288369	79087	0.6	322845	2.9	619903	5.3	604866	5.6	926880	8.2
2.2.1 Reserve Bank	8709	2874	-2266		-4565		-5835		2221		-5727
2.2.2 Other Banks	11659757	12285495	81353	0.7	327410	3.0	625738	5.4	602645	5.6	932606	8.2
2.3 Net Foreign Exchange Assets of Banking Sector	4578846	4916853	5061	0.1	808089	21.3	338007	7.4	1049552	29.5	307728	6.7
2.4 Government's Currency Liabilities to the Public	26913	27664	0	0	399	1.5	752	2.8	467	1.8	917	3.4
2.5 Banking Sector's Net Non-Monetary Liabilities	3280021	3219704	-106031	-3.2	299751	9.9	-60317	–1.8	387731	13.2	-106473	–3.2
2.5.1 Net Non-Monetary Liabilities of RBI	1356660	1291916	-9994	-0.8	58088	4.2	-64744	–4.8	278044	24.0	-144514	–10.1