Money Stock : Components and Sources (July 12, 2024)

RbiAnnouncementWeb

Weekly Statistical Supplement Content Banner

Asset Publisher

Date: July 12, 2024

(₹ Crore)
Item	Outstanding as on		Variation over
	2024		Fortnight		Financial Year so far				Year-on-Year
	2024		Fortnight		2023-24		2024-25		2023		2024
	Mar. 31	Jun. 28	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
M3	24831384	25701138	350457	1.4	1080988	4.8	869754	3.5	2384172	11.3	2276390	9.7
	(24939627)	(25790535)	(346850)	(1.4)			(850908)	(3.4)			(2365787)	(10.1)
1 Components (1.1.+1.2+1.3+1.4)
1.1 Currency with the Public	3410042	3445653	-43595	-1.2	-41828	-1.3	35612	1.0	152513	4.9	211045	6.5
1.2 Demand Deposits with Banks	2586888	2745758	210348	8.3	269649	11.6	158870	6.1	399238	18.2	155512	6.0
1.3 Time Deposits with Banks	18739918	19413960	177882	0.9	852248	5.1	674043	3.6	1812807	11.5	1892747	10.8
	(18848160)	(19503357)	(174274)	(0.9)			(655197)	(3.5)			(1982144)	(11.3)
1.4 ‘Other’ Deposits with Reserve Bank	94536	95766	5823	6.5	919	1.2	1230	1.3	19613	33.2	17086	21.7
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net Bank Credit to Government	7512016	7431635	6144	0.1	24808	0.3	-80380	-1.1	788563	12.3	241294	3.4
	(7603571)	(7496980)	(-13429)	(-0.2)			(-106591)	(-1.4)			(306639)	(4.3)
2.1.1 Reserve Bank	1193213	1026142	52564		-230874		-167071		77523		-194110
2.1.2 Other Banks	6318803	6405494	-46419	-0.7	255683	4.5	86691	1.4	711041	13.5	435404	7.3
	(6410358)	(6470838)	(-65993)	(-1.0)			(60480)	(0.9)			(500749)	(8.4)
2.2 Bank Credit to Commercial Sector	16672145	17143516	179071	1.1	693767	4.8	471371	2.8	1992756	15.2	2020113	13.4
	(17202832)	(17643747)	(172787)	(1.0)			(440915)	(2.6)			(2520343)	(16.7)
2.2.1 Reserve Bank	14406	10922	-448		-21166		-3484		-27709		5539
2.2.2 Other Banks	16657739	17132594	179519	1.1	714933	5.0	474855	2.9	2020464	15.4	2014574	13.3
	(17188425)	(17632825)	(173234)	(1.0)			(444399)	(2.6)			(2514804)	(16.6)
2.3 Net Foreign Exchange Assets of Banking Sector	5540381	5586313	-18375	-0.3	48305	1.0	45933	0.8	216664	4.6	626243	12.6
2.4 Government's Currency Liabilities to the Public	33432	33858	0	0	639	2.1	426	1.3	2474	8.7	2933	9.5
2.5 Banking Sector's Net Non-Monetary Liabilities	4926589	4494184	-183618	-3.9	-313468	-7.5	-432405	-8.8	616285	18.9	614193	15.8
	(5440588)	(4970363)	(-205868)	(-4.0)			(-470226)	(-8.6)			(1090371)	(28.1)
2.5.1 Net Non-Monetary Liabilities of RBI	1789875	1631572	-15701	-1.0	-105767	-6.7	-158303	-8.8	200682	15.7	149775	10.1
Note: Figures in parentheses include the impact of merger of a non-bank with a bank.