Money Stock : Components and Sources - RBI - Reserve Bank of India
Money Stock : Components and Sources
(Rs. crore) |
|||||||||||||
Outstanding as on |
Variation over |
||||||||||||
Financial year so far |
Year-on-year |
||||||||||||
2005 |
Fortnight |
||||||||||||
2004-2005 |
2005-2006 |
2004 |
2005 |
||||||||||
Item |
Mar. 31# |
May 13# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
22,69,156 |
23,50,372 |
6,849 |
0.3 |
51,843 |
2.6 |
81,216 |
3.6 |
2,81,567 |
15.8 |
2,90,000 |
14.1 |
||
M3 |
|||||||||||||
(22,65,587) |
(23,46,803) |
(2,86,431) |
(13.9) |
||||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
3,57,424 |
3,82,574 |
10,592 |
2.8 |
21,254 |
6.7 |
25,149 |
7.0 |
42,836 |
14.6 |
45,912 |
13.6 |
(ii) |
Demand deposits with banks |
2,97,088 |
2,90,513 |
–4,504 |
–1.5 |
–12,850 |
–5.0 |
–6,576 |
–2.2 |
46,874 |
23.6 |
45,349 |
18.5 |
(iii) |
Time deposits with banks @ |
16,08,161 |
16,73,004 |
976 |
0.1 |
44,875 |
3.1 |
64,843 |
4.0 |
1,90,848 |
14.9 |
1,98,141 |
13.4 |
(16,04,592) |
(16,69,435) |
(1,94,572) |
(13.2) |
||||||||||
(iv) |
'Other' deposits with Reserve Bank |
6,483 |
4,282 |
–214 |
–4.8 |
–1,436 |
–28.1 |
–2,201 |
–34.0 |
1,009 |
37.8 |
598 |
16.2 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,62,496 |
7,71,557 |
–889 |
–0.1 |
7,405 |
1.0 |
9,061 |
1.2 |
41,887 |
5.9 |
20,487 |
2.7 |
(7,50,303) |
(7,59,364) |
(8,294) |
(1.1) |
||||||||||
(a) Reserve Bank |
–12,197 |
7,612 |
8,811 |
–35,986 |
19,810 |
–1,17,955 |
–1,309 |
||||||
(b) Other Banks |
7,74,694 |
7,63,945 |
–9,700 |
–1.3 |
43,391 |
6.2 |
–10,749 |
–1.4 |
1,59,843 |
27.4 |
21,796 |
2.9 |
|
(ii) |
Bank credit to commercial sector (a+b) |
12,75,027 |
13,19,852 |
12,851 |
1.0 |
20,121 |
2.0 |
44,825 |
3.5 |
1,39,448 |
15.5 |
2,79,257 |
26.8 |
(12,42,345) |
(12,87,170) |
(2,46,575) |
(23.7) |
||||||||||
(a) Reserve Bank |
1,389 |
1,389 |
— |
— |
–41 |
–2.0 |
— |
— |
–902 |
–30.9 |
–631 |
–31.2 |
|
(b) Other Banks |
12,73,637 |
13,18,463 |
12,851 |
1.0 |
20,161 |
2.0 |
44,825 |
3.5 |
1,40,350 |
15.6 |
2,79,888 |
26.9 |
|
(iii) |
Net foreign exchange assets of banking sector |
6,51,998 |
6,41,784 |
–10,515 |
–1.6 |
48,391 |
9.2 |
–10,214 |
–1.6 |
1,66,013 |
40.6 |
66,807 |
11.6 |
(iv) |
Government's currency liabilities to the public |
7,436 |
7,436 |
— |
— |
18 |
0.2 |
— |
— |
207 |
2.9 |
123 |
1.7 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
4,27,801 |
3,90,258 |
–5,403 |
–1.4 |
24,091 |
8.3 |
–37,544 |
–8.8 |
65,989 |
26.7 |
76,673 |
24.5 |
|
of which : Net non-monetary liabilities of RBI |
1,25,548 |
1,13,233 |
–12,017 |
–9.6 |
13,050 |
12.1 |
–12,316 |
–9.8 |
–9,033 |
–7.0 |
–7,402 |
–6.1 |
|
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |