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7. Sources of Money Stock (M3)
Date : Aug 17, 2023
(₹ Crore)
Sources Outstanding as on March 31/last reporting Fridays of the month/ reporting Fridays
2022-23 2022 2023
Jun. 17 Jun. 02 Jun. 16 Jun. 30
1 2 3 4 5
1 Net Bank Credit to Government 7165533 6263059 7314581 7166975 7190341
1.1 RBI’s net credit to Government (1.1.1–1.1.2) 1451126 1081805 1406509 1223323 1220251
1.1.1 Claims on Government 1456169 1434456 1429113 1416519 1414555
1.1.1.1 Central Government 1455377 1426587 1413065 1409039 1404719
1.1.1.2 State Governments 792 7869 16049 7480 9835
1.1.2 Government deposits with RBI 5043 352651 22605 193196 194303
1.1.2.1 Central Government 5001 352608 22562 193154 194261
1.1.2.2 State Governments 42 42 42 42 42
1.2 Other Banks’ Credit to Government 5714407 5181254 5908072 5943652 5970090
2 Bank Credit to Commercial Sector 14429636 12892034 14747582 14762836 15131380
2.1 RBI’s credit to commercial sector 26549 29081 3752 4865 5383
2.2 Other banks’ credit to commercial sector 14403087 12862953 14743830 14757971 15125997
2.2.1 Bank credit by commercial banks 13675235 12150353 14009695 14023487 14391695
2.2.2 Bank credit by co-operative banks 710187 695940 717414 717072 717536
2.2.3 Investments by commercial and co-operative banks in other securities 17665 16660 16721 17412 16766
3 Net Foreign Exchange Assets of Banking Sector (3.1 + 3.2) 4845307 4713559 4989568 4976782 4975197
3.1 RBI’s net foreign exchange assets (3.1.1–3.1.2) 4587355 4457966 4731617 4718831 4717246
3.1.1 Gross foreign assets 4587616 4458204 4731877 4719091 4717503
3.1.2 Foreign liabilities 260 238 260 260 257
3.2 Other banks’ net foreign exchange assets 257951 255593 257951 257951 257951
4 Government’s Currency Liabilities to the Public 30285 28293 30692 30692 30925
5 Banking Sector’s Net Non-monetary Liabilities 4127000 3233128 4073773 4078959 3904483
5.1 Net non-monetary liabilities of RBI 1587565 1212556 1544332 1528412 1481797
5.2 Net non-monetary liabilities of other banks (residual) 2539436 2020572 2529441 2550548 2422685
M3 (1+2+3+4–5) 22343760 20663817 23008650 22858326 23423360
Note: 3.1: Include foreign currency denominated bonds issued by IIFC (UK).

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