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 |
2005 |
2006 |
||||||||||
Item |
Mar. 31# |
Mar. 3# |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
Amount |
% |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
22,53,938 |
26,05,731 |
25,729 |
1.0 |
2,35,167 |
11.7 |
3,51,793 |
15.6 |
2,62,706 |
13.3 |
3,64,888 |
16.3 |
||
M3 |
|||||||||||||
(22,50,425) |
(2,31,654) |
(11.5) |
(2,59,193) |
(13.1) |
|||||||||
Components (i+ii+iii+iv) |
|||||||||||||
(i) |
Currency with the Public |
3,55,768 |
4,13,267 |
1,819 |
0.4 |
37,259 |
11.8 |
57,499 |
16.2 |
36,268 |
11.5 |
61,037 |
17.3 |
(ii) |
Demand deposits with banks |
2,84,017 |
3,61,593 |
7,726 |
2.2 |
26,959 |
10.4 |
77,577 |
27.3 |
49,432 |
20.9 |
76,008 |
26.6 |
(iii) |
Time deposits with banks @ |
16,07,675 |
18,25,720 |
15,937 |
0.9 |
1,71,648 |
12.0 |
2,18,044 |
13.6 |
1,75,886 |
12.4 |
2,27,112 |
14.2 |
(16,04,162) |
(1,68,135) |
(11.8) |
(1,72,373) |
(12.1) |
|||||||||
(iv) |
'Other' deposits with Reserve Bank |
6,478 |
5,151 |
248 |
5.0 |
–699 |
–13.7 |
–1,327 |
–20.5 |
1,120 |
34.0 |
731 |
16.5 |
Sources (i+ii+iii+iv-v) |
|||||||||||||
(i) |
Net Bank credit to Government (a+b) |
7,57,906 |
7,81,697 |
4,378 |
0.6 |
22,026 |
3.0 |
23,791 |
3.1 |
20,896 |
2.8 |
16,766 |
2.2 |
(7,45,713) |
(9,834) |
(1.3) |
(8,704) |
(1.2) |
|||||||||
(a) Reserve Bank |
–17,975 |
32,871 |
8,117 |
–60,984 |
50,846 |
–52,507 |
48,948 |
||||||
(b) Other Banks |
7,75,880 |
7,48,825 |
–3,739 |
–0.5 |
83,011 |
11.9 |
–27,055 |
–3.5 |
73,403 |
10.4 |
–32,182 |
–4.1 |
|
(ii) |
Bank credit to commercial sector (a+b) |
12,80,540 |
16,07,031 |
21,178 |
1.3 |
2,32,707 |
22.9 |
3,26,491 |
25.5 |
2,54,732 |
25.6 |
3,58,173 |
28.7 |
(12,47,658) |
(1,99,825) |
(19.7) |
(2,21,850) |
(22.3) |
|||||||||
(a) Reserve Bank |
1,390 |
1,629 |
–112 |
–6.4 |
–672 |
–32.6 |
240 |
17.3 |
–673 |
–32.6 |
240 |
17.3 |
|
(b) Other Banks |
12,79,150 |
16,05,402 |
21,290 |
1.3 |
2,33,379 |
23.0 |
3,26,252 |
25.5 |
2,55,405 |
25.7 |
3,57,934 |
28.7 |
|
(iii) |
Net foreign exchange assets of banking sector |
6,49,255 |
6,68,594 |
7,315 |
1.1 |
1,07,630 |
20.4 |
19,339 |
3.0 |
1,08,892 |
20.7 |
34,378 |
5.4 |
(iv) |
Government's currency liabilities to the public |
7,448 |
8,618 |
— |
— |
139 |
1.9 |
1,170 |
15.7 |
144 |
2.0 |
1,183 |
15.9 |
(v) |
Banking sector's net non-monetary liabilities |
||||||||||||
other than time deposits |
4,41,210 |
4,60,208 |
7,142 |
1.6 |
1,27,335 |
44.3 |
18,998 |
4.3 |
1,21,958 |
41.7 |
45,612 |
11.0 |
|
of which : Net non-monetary liabilities of RBI |
1,19,776 |
1,26,306 |
3,223 |
2.6 |
20,798 |
19.3 |
6,530 |
5.5 |
–2,437 |
–1.9 |
–2,077 |
–1.6 |
|
@: Data reflect redemption of India Millennium Deposits (IMDs) on December 29, 2005. |