Money Stock : Components and Sources - RBI - Reserve Bank of India
Money Stock : Components and Sources
(Rs. crore) |
|||||||||||||
Outstanding as on |
Variation over |
||||||||||||
2005 |
Fortnight |
Financial year so far |
Year-on-year |
||||||||||
2004-2005 |
2005-2006 |
2004 |
2005 |
||||||||||
Item |
Mar. 31# |
Nov. 25# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
22,53,938 |
25,00,865 |
–258 |
— |
1,29,170 |
6.4 |
2,46,927 |
11.0 |
2,59,914 |
13.9 |
3,66,019 |
17.1 |
||
M3 |
|||||||||||||
(22,50,369) |
(1,25,601) |
(6.3) |
(2,56,345) |
(13.7) |
|||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
3,55,768 |
3,86,589 |
–4,903 |
–1.3 |
27,398 |
8.7 |
30,821 |
8.7 |
45,262 |
15.2 |
44,220 |
12.9 |
(ii) |
Demand deposits with banks |
2,84,017 |
3,22,486 |
363 |
0.1 |
2,414 |
0.9 |
38,469 |
13.5 |
46,117 |
21.5 |
61,446 |
23.5 |
(iii) |
Time deposits with banks @ |
16,07,675 |
17,86,982 |
3,988 |
0.2 |
1,00,074 |
7.0 |
1,79,307 |
11.2 |
1,67,494 |
12.3 |
2,59,949 |
17.0 |
(16,04,106) |
(96,505) |
(6.8) |
(1,63,925) |
(12.1) |
|||||||||
(iv) |
'Other' deposits with Reserve Bank |
6,478 |
4,807 |
294 |
6.5 |
–716 |
–14.0 |
–1,671 |
–25.8 |
1,041 |
31.0 |
404 |
9.2 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,57,906 |
7,72,397 |
1,531 |
0.2 |
11,678 |
1.6 |
14,492 |
1.9 |
25,856 |
3.5 |
17,815 |
2.4 |
(7,45,713) |
(–515) |
(–0.1) |
(13,663) |
(1.9) |
|||||||||
(a) Reserve Bank |
–17,975 |
–7,872 |
–859 |
–26,703 |
10,103 |
–45,634 |
–26,076 |
||||||
(b) Other Banks |
7,75,880 |
7,80,269 |
2,390 |
0.3 |
38,381 |
5.5 |
4,389 |
0.6 |
71,490 |
10.8 |
43,891 |
6.0 |
|
(ii) |
Bank credit to commercial sector (a+b) |
12,80,540 |
14,92,086 |
7,525 |
0.5 |
1,64,080 |
16.1 |
2,11,546 |
16.5 |
2,40,410 |
25.6 |
3,11,855 |
26.4 |
(12,47,858) |
(1,31,398) |
(12.9) |
(2,07,728) |
(22.1) |
|||||||||
(a) Reserve Bank |
1,390 |
1,387 |
–459 |
–24.9 |
–172 |
–8.3 |
–3 |
–0.2 |
–195 |
–9.4 |
–503 |
–26.6 |
|
(b) Other Banks |
12,79,150 |
14,90,699 |
7,985 |
0.5 |
1,64,252 |
16.2 |
2,11,549 |
16.5 |
2,40,605 |
25.7 |
3,12,358 |
26.5 |
|
(iii) |
Net foreign exchange assets of banking sector |
6,49,255 |
6,82,212 |
–431 |
–0.1 |
76,752 |
14.6 |
32,957 |
5.1 |
1,29,378 |
27.3 |
78,873 |
13.1 |
(iv) |
Government's currency liabilities to the public |
7,448 |
7,521 |
— |
— |
79 |
1.1 |
73 |
1.0 |
112 |
1.5 |
147 |
2.0 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
4,41,210 |
4,53,351 |
8,884 |
2.0 |
1,23,419 |
43.0 |
12,141 |
2.8 |
1,35,842 |
49.4 |
42,672 |
10.4 |
|
of which : Net non-monetary liabilities of RBI |
1,19,776 |
1,27,214 |
–1,416 |
–1.1 |
35,226 |
32.7 |
7,438 |
6.2 |
16,785 |
13.3 |
–15,597 |
–10.9 |
|
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |