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Weekly Statistical Supplement


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Date : Feb 16, 2007
Money Stock : Components and Sources

(Rs. crore)

Item

Outstanding as on

Variation over

2006

2007

Fortnight

Financial year so far

Year-on-year

2006

2007

2005-2006

2006-2007

Mar. 31#

Feb. 2#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

 

2

3

4

5

6

7

8

9

10

11

12

13

M3

 

27,29,535

31,09,939

38,233

1.2

2,30,189

9.9

3,80,403

13.9

3,54,932

16.1

5,47,083

21.3

Components (i+ii+iii+iv)

(i)

Currency with the Public

4,13,143

4,72,927

1,083

0.2

50,233

14.2

59,785

14.5

57,171

16.4

67,823

16.7

(ii)

Demand deposits with banks

4,05,224

4,23,474

25,488

6.4

37,240

11.6

18,251

4.5

84,215

30.7

64,872

18.1

(iii)

Time deposits with banks @

19,04,290

22,08,335

12,169

0.6

1,44,196

8.7

3,04,045

16.0

2,13,116

13.5

4,14,026

23.1

(iv)

"Other" deposits with

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve Bank

6,879

5,202

–507

–8.9

–1,480

–23.4

–1,677

–24.4

421

9.5

363

7.5

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

(i)

Net Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

Government (a+b)

7,69,093

8,08,765

–597

–0.1

38,648

5.2

39,672

5.2

24,572

3.2

21,410

2.7

 

(a) Reserve Bank

8,136

12,629

387

 

53,962

 

4,493

 

13,740

 

–13,670

 

 

(b) Other Banks

7,60,956

7,96,135

–985

–0.1

–15,314

–2.0

35,179

4.6

10,833

1.4

35,080

4.6

(ii)

Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

commercial sector (a+b)

16,90,961

19,93,725

30,407

1.5

2,40,169

18.0

3,02,764

17.9

3,43,223

27.9

4,22,298

26.9

 

(a) Reserve Bank

1,387

1,844

–62

–3.3

528

38.0

457

33.0

528

38.0

–73

–3.8

 

(b) Other Banks

16,89,574

19,91,880

30,469

1.6

2,39,641

18.0

3,02,306

17.9

3,42,695

27.9

4,22,371

26.9

(iii)

Net foreign exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

assets of banking sector

7,26,194

8,40,028

4,451

0.5

7,910

1.2

1,13,834

15.7

62,293

10.5

1,84,215

28.1

(iv)

Government's currency

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities to the public

8,754

8,054

1,216

16.3

–700

–8.0

1,228

16.5

–610

–7.0

(v)

Banking sector's net

 

 

 

 

 

 

 

 

 

 

 

 

 

non-monetary liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

other than time deposits

4,65,466

5,40,632

–3,972

–0.7

57,755

14.3

75,166

16.1

76,393

19.9

80,229

17.4

 

of which :

 

 

 

 

 

 

 

 

 

 

 

 

 

Net non-monetary

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities of RBI

1,23,990

1,71,004

–4,533

–2.6

–1,259

–1.0

47,014

37.9

4,528

3.9

49,050

40.2

@ : 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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