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# |
Aug. 19# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
22,53,938 |
24,05,823 |
671 |
— |
98,324 |
4.9 |
1,51,885 |
6.7 |
2,84,546 |
15.6 |
3,01,823 |
14.3 |
||
M3 |
|||||||||||||
(22,50,369) |
(24,02,254) |
(2,98,254) |
(14.2) |
||||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
3,55,768 |
3,71,060 |
1,171 |
0.3 |
10,672 |
3.4 |
15,292 |
4.3 |
41,625 |
14.7 |
45,418 |
13.9 |
(ii) |
Demand deposits with banks |
2,84,017 |
3,10,060 |
–8,401 |
–2.6 |
152 |
0.1 |
26,043 |
9.2 |
56,767 |
28.1 |
51,282 |
19.8 |
(iii) |
Time deposits with banks @ |
16,07,675 |
17,19,461 |
8,307 |
0.5 |
88,128 |
6.2 |
1,11,786 |
7.0 |
1,85,220 |
13.9 |
2,04,374 |
13.5 |
(16,04,106) |
(17,15,892) |
(2,00,805) |
(13.3) |
||||||||||
(iv) |
'Other' deposits with Reserve Bank |
6,478 |
5,242 |
–406 |
–7.2 |
–628 |
–12.3 |
–1,236 |
–19.1 |
933 |
26.2 |
750 |
16.7 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,57,906 |
7,64,270 |
–5,269 |
–0.7 |
19,132 |
2.6 |
6,365 |
0.8 |
53,034 |
7.5 |
2,235 |
0.3 |
(7,45,713) |
(7,52,077) |
(–9,958) |
(–1.3) |
||||||||||
(a) Reserve Bank |
–17,975 |
–25,508 |
7,176 |
–34,328 |
–7,533 |
–64,206 |
–36,087 |
||||||
(b) Other Banks |
7,75,880 |
7,89,778 |
–12,446 |
–1.6 |
53,459 |
7.7 |
13,898 |
1.8 |
1,17,240 |
18.5 |
38,322 |
5.1 |
|
(ii) |
Bank credit to commercial sector (a+b) |
12,80,540 |
13,84,578 |
15,775 |
1.2 |
61,154 |
6.0 |
1,04,038 |
8.1 |
1,79,932 |
20.1 |
3,07,273 |
28.5 |
(12,47,858) |
(13,51,896) |
(2,74,591) |
(25.5) |
||||||||||
(a) Reserve Bank |
1,389 |
1,387 |
— |
— |
–172 |
–8.3 |
–3 |
–0.2 |
–1,061 |
–36.0 |
–503 |
–26.6 |
|
(b) Other Banks |
12,79,150 |
13,83,191 |
15,775 |
1.2 |
61,326 |
6.0 |
1,04,040 |
8.1 |
1,80,993 |
20.2 |
3,07,776 |
28.6 |
|
(iii) |
Net foreign exchange assets of banking sector |
6,49,255 |
6,54,279 |
4,220 |
0.6 |
52,294 |
9.9 |
5,024 |
0.8 |
1,49,781 |
34.9 |
75,399 |
13.0 |
(iv) |
Government's currency liabilities to the public |
7,448 |
7,495 |
— |
— |
44 |
0.6 |
47 |
0.6 |
129 |
1.8 |
156 |
2.1 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
4,41,210 |
4,04,799 |
14,054 |
3.6 |
34,299 |
11.9 |
–36,411 |
–8.3 |
98,329 |
44.0 |
83,239 |
25.9 |
|
of which : Net non-monetary liabilities of RBI |
1,19,776 |
1,00,185 |
–3,113 |
–3.0 |
29,512 |
27.4 |
–19,590 |
–16.4 |
30,684 |
28.8 |
–36,912 |
–26.9 |
|
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. Data also reflect |