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 |
2006 |
Fortnight |
|||||||||||
2004-2005 |
2005-2006 |
2004 |
2005 |
||||||||||
Item |
Mar. 31# |
Jan. 6# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
22,53,938 |
25,34,422 |
5,136 |
0.2 |
1,80,419 |
9.0 |
2,80,483 |
12.4 |
2,62,304 |
13.6 |
3,48,327 |
15.9 |
||
M3 |
|||||||||||||
(22,50,425) |
(1,76,906) |
(8.8) |
(2,58,791) |
(13.5) |
|||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
3,55,768 |
3,97,856 |
3,081 |
0.8 |
30,024 |
9.5 |
42,087 |
11.8 |
39,146 |
12.8 |
52,861 |
15.3 |
(ii) |
Demand deposits with banks |
2,84,017 |
3,39,271 |
2,193 |
0.7 |
6,018 |
2.3 |
55,254 |
19.5 |
42,122 |
18.9 |
74,627 |
28.2 |
(iii) |
Time deposits with banks @ |
16,07,675 |
17,92,644 |
–298 |
— |
1,44,949 |
10.2 |
1,84,968 |
11.5 |
1,79,804 |
12.9 |
2,20,735 |
14.0 |
(16,04,162) |
(1,41,436) |
(9.9) |
(1,76,291) |
(12.7) |
|||||||||
(iv) |
'Other' deposits with Reserve Bank |
6,478 |
4,652 |
160 |
3.6 |
–571 |
–11.2 |
–1,827 |
–28.2 |
1,232 |
37.1 |
104 |
2.3 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,57,906 |
7,80,238 |
26,375 |
3.5 |
16,007 |
2.2 |
22,333 |
2.9 |
28,677 |
3.9 |
21,327 |
2.8 |
(7,45,713) |
(3,815) |
(0.5) |
(16,484) |
(2.3) |
|||||||||
(a) Reserve Bank |
–17,975 |
18,941 |
33,012 |
–47,172 |
36,915 |
–50,426 |
21,206 |
||||||
(b) Other Banks |
7,75,880 |
7,61,298 |
–6,637 |
–0.9 |
63,180 |
9.1 |
–14,583 |
–1.9 |
79,103 |
11.6 |
121 |
— |
|
(ii) |
Bank credit to commercial sector (a+b) |
12,80,540 |
15,41,796 |
20,664 |
1.4 |
1,98,905 |
19.6 |
2,61,256 |
20.4 |
2,46,737 |
25.5 |
3,26,740 |
26.9 |
(12,47,658) |
(1,66,023) |
(16.3) |
(2,13,855) |
(22.1) |
|||||||||
(a) Reserve Bank |
1,390 |
1,387 |
–135 |
–8.9 |
–172 |
–8.3 |
–3 |
–0.2 |
–267 |
–12.4 |
–503 |
–26.6 |
|
(b) Other Banks |
12,79,150 |
15,40,409 |
20,799 |
1.4 |
1,99,077 |
19.6 |
2,61,259 |
20.4 |
2,47,004 |
25.6 |
3,27,243 |
27.0 |
|
(iii) |
Net foreign exchange assets of banking sector |
6,49,255 |
6,55,339 |
–28,341 |
–4.1 |
72,219 |
13.7 |
6,084 |
0.9 |
95,498 |
19.0 |
56,534 |
9.4 |
(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 |
4,51,570 |
13,562 |
3.1 |
1,06,847 |
37.2 |
10,360 |
2.3 |
1,08,766 |
38.1 |
57,462 |
14.6 |
|
of which : Net non-monetary liabilities of RBI |
1,19,776 |
1,27,178 |
2,649 |
2.1 |
15,473 |
14.4 |
7,402 |
6.2 |
–15,269 |
–11.0 |
4,120 |
3.3 |
|
@: Data reflect redemption of India Millennium Deposits (IMDs) on December 29, 2005. |