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# |
Dec. 23# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
22,53,938 |
25,29,286 |
9,533 |
0.4 |
1,40,288 |
7.0 |
2,75,348 |
12.2 |
2,49,646 |
13.2 |
3,83,322 |
17.9 |
||
M3 |
|||||||||||||
(22,50,425) |
(1,36,775) |
(6.8) |
(2,46,133) |
(13.0) |
|||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
3,55,768 |
3,94,775 |
–53 |
— |
26,864 |
8.5 |
39,006 |
11.0 |
41,274 |
13.7 |
52,939 |
15.5 |
(ii) |
Demand deposits with banks |
2,84,017 |
3,37,078 |
9,235 |
2.8 |
3,777 |
1.5 |
53,061 |
18.7 |
39,761 |
17.9 |
74,675 |
28.5 |
(iii) |
Time deposits with banks @ |
16,07,675 |
17,92,942 |
432 |
— |
1,10,045 |
7.7 |
1,85,266 |
11.5 |
1,67,584 |
12.2 |
2,55,937 |
16.7 |
(16,04,162) |
(1,06,532) |
(7.5) |
(1,64,071) |
(12.0) |
|||||||||
(iv) |
'Other' deposits with Reserve Bank |
6,478 |
4,492 |
–81 |
–1.8 |
–398 |
–7.8 |
–1,986 |
–30.7 |
1,028 |
27.8 |
–229 |
–4.8 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,57,906 |
7,53,863 |
–21,509 |
–2.8 |
–3,336 |
–0.4 |
–4,043 |
–0.5 |
22,406 |
3.1 |
14,295 |
1.9 |
(7,45,713) |
(–15,529) |
(–2.1) |
(10,213) |
(1.4) |
|||||||||
(a) Reserve Bank |
–17,975 |
–14,071 |
–8,733 |
–40,138 |
3,903 |
–45,806 |
–18,841 |
||||||
(b) Other Banks |
7,75,880 |
7,67,934 |
–12,776 |
–1.6 |
36,802 |
5.3 |
–7,946 |
–1.0 |
68,212 |
10.2 |
33,136 |
4.5 |
|
(ii) |
Bank credit to commercial sector (a+b) |
12,80,540 |
15,21,132 |
15,680 |
1.0 |
1,85,939 |
18.3 |
2,40,593 |
18.8 |
2,46,838 |
25.8 |
3,19,043 |
26.5 |
(12,47,658) |
(1,53,057) |
(15.1) |
(2,13,956) |
(22.4) |
|||||||||
(a) Reserve Bank |
1,390 |
1,522 |
135 |
9.7 |
–172 |
–8.3 |
132 |
9.5 |
–190 |
–9.2 |
–368 |
–19.5 |
|
(b) Other Banks |
12,79,150 |
15,19,611 |
15,545 |
1.0 |
1,86,111 |
18.4 |
2,40,460 |
18.8 |
2,47,028 |
25.9 |
3,19,411 |
26.6 |
|
(iii) |
Net foreign exchange assets of banking sector |
6,49,255 |
6,83,680 |
–12,641 |
–1.8 |
80,761 |
15.3 |
34,425 |
5.3 |
1,17,852 |
24.1 |
76,332 |
12.6 |
(iv) |
Government's currency liabilities to the public |
7,448 |
8,618 |
— |
— |
135 |
1.9 |
1,170 |
15.7 |
159 |
2.2 |
1,187 |
16.0 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
4,41,210 |
4,38,007 |
–28,003 |
–6.0 |
1,23,211 |
42.9 |
–3,203 |
–0.7 |
1,37,608 |
50.4 |
27,536 |
6.7 |
|
of which : Net non-monetary liabilities of RBI |
1,19,776 |
1,24,529 |
–15,180 |
–10.9 |
25,276 |
23.5 |
4,753 |
4.0 |
2,233 |
1.7 |
–8,332 |
–6.3 |
|
@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. |