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7. Sources of Money Stock (M3)
Date : Apr 21, 2023
(₹ Crore)
Sources Outstanding as on March 31/last reporting Fridays of the month/reporting Fridays
2021-22 2022 2023
Feb. 25 Jan. 27 Feb. 10 Feb. 24
1 2 3 4 5
1 Net Bank Credit to Government 6477629 6232004 6657365 6784535 6854246
1.1 RBI’s net credit to Government (1.1.1–1.1.2) 1450596 1267912 1162729 1216727 1216525
1.1.1 Claims on Government 1490991 1498132 1419355 1403887 1407652
1.1.1.1 Central Government 1489324 1497945 1402610 1401485 1398137
1.1.1.2 State Governments 1667 186 16745 2401 9515
1.1.2 Government deposits with RBI 40394 230220 256626 187160 191127
1.1.2.1 Central Government 40352 230177 256584 187117 191085
1.1.2.2 State Governments 42 43 42 43 43
1.2 Other Banks’ Credit to Government 5027033 4964092 5494636 5567808 5637721
2 Bank Credit to Commercial Sector 12616520 12350302 14072457 14155164 14188368
2.1 RBI’s credit to commercial sector 16571 1853 11223 11850 12529
2.2 Other banks’ credit to commercial sector 12599950 12348448 14061234 14143314 14175838
2.2.1 Bank credit by commercial banks 11891314 11643717 13337536 13418060 13450269
2.2.2 Bank credit by co-operative banks 690201 686893 706416 707947 708230
2.2.3 Investments by commercial and co-operative banks in other securities 18435 17838 17281 17306 17340
3 Net Foreign Exchange Assets of Banking Sector (3.1 + 3.2) 4854063 4881815 4792608 4767235 4731899
3.1 RBI’s net foreign exchange assets (3.1.1–3.1.2) 4442479 4582959 4537015 4511642 4476306
3.1.1 Gross foreign assets 4442720 4583200 4537274 4511904 4476568
3.1.2 Foreign liabilities 241 241 259 262 262
3.2 Other banks’ net foreign exchange assets 411583 298856 255593 255593 255593
4 Government’s Currency Liabilities to the Public 28013 27882 29791 29791 30007
5 Banking Sector’s Net Non-monetary Liabilities 3482496 3308475 3657186 3748723 3702101
5.1 Net non-monetary liabilities of RBI 1308500 1324383 1531460 1535228 1496402
5.2 Net non-monetary liabilities of other banks (residual) 2173996 1984092 2125727 2213495 2205699
M3 (1+2+3+4–5) 20493729 20183528 21895034 21988001 22102418
Note: 3.1: Include foreign currency denominated bonds issued by IIFC (UK).

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