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Weekly Statistical Supplement


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Date : Jan 12, 2007
Money Stock : Components and Sources


(Rs. crore)

Item

Outstanding as on

Variation over

2006

Fortnight

Financial year so far

Year-on-year

2005-2006

2006-2007

2005

2006

Mar. 31#

Dec. 22#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

 

2

3

4

5

6

7

8

9

10

11

12

13

M3

 

27,29,535

30,18,622

–9,927

–0.3

1,95,009

8.4

2,89,087

10.6

3,81,711

17.8

4,90,947

19.4

Components (i+ii+iii+iv)

(i)

Currency with the Public

4,13,143

4,61,805

1,705

0.4

39,781

11.2

48,662

11.8

52,816

15.5

67,153

17.0

(ii)

Demand deposits with banks

4,05,224

3,98,380

–6,017

–1.5

17,256

5.4

–6,844

–1.7

76,216

29.0

59,760

17.6

(iii)

Time deposits with banks @

19,04,290

21,53,085

–5,668

–0.3

1,39,823

8.5

2,48,795

13.1

2,52,932

16.5

3,63,148

20.3

(iv)

"Other" deposits with

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve Bank

6,879

5,353

54

1.0

–1,851

–29.3

–1,526

–22.2

–253

–5.4

885

19.8

Sources (i+ii+iii+iv-v)

(i)

Net Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

Government (a+b)

7,69,093

7,89,356

–18,758

–2.3

6,660

0.9

20,264

2.6

15,799

2.1

33,990

4.5

 

(a) Reserve Bank

8,136

–1,738

–6,512

 

13,591

 

–9,875

 

–18,841

 

12,333

 

 

(b) Other Banks

7,60,956

7,91,095

–12,245

–1.5

–6,931

–0.9

30,139

4.0

34,639

4.7

21,657

2.8

(ii)

Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

commercial sector (a+b)

16,90,961

19,27,810

24,797

1.3

1,90,678

14.3

2,36,849

14.0

3,19,847

26.6

4,05,873

26.7

 

(a) Reserve Bank

1,387

1,515

131

9.5

132

9.5

128

9.3

–368

–19.5

–7

–0.4

 

(b) Other Banks

16,89,574

19,26,295

24,666

1.3

1,90,546

14.3

2,36,721

14.0

3,20,215

26.7

4,05,880

26.7

(iii)

Net foreign exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

assets of banking sector

7,26,194

8,31,727

1,841

0.2

39,738

6.1

1,05,533

14.5

80,293

13.2

1,44,087

21.0

(iv)

Government's currency

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities to the public

8,754

8,054

1,193

16.0

–700

–8.0

1,211

16.3

–588

–6.8

(v)

Banking sector's net

 

 

 

 

 

 

 

 

 

 

 

 

 

non-monetary liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

other than time deposits

4,65,466

5,38,326

17,806

3.4

43,260

10.7

72,859

15.7

35,438

8.6

92,416

20.7

 

of which :

 

 

 

 

 

 

 

 

 

 

 

 

 

Net non-monetary

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities of RBI

1,23,990

1,79,569

700

0.4

1,339

1.1

55,578

44.8

–8,308

–6.3

55,016

44.2

@ : Data reflect redemption of India Millennium Deposits (IMDs) on December 29, 2005.
Note : Financial year variation during 2006-07 so far is worked out from March 31, 2006, whereas the corresponding financial year variation during 2005-06 is worked out from April 1, 2005.


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