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Weekly Statistical Supplement


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Date : Mar 09, 2007
Money Stock : Components and Sources

(Rs. crore)

 

 

Outstanding as on

Variation over

 

 

 

 

 

 

Financial year so far

Year-on-year

Item

2006

2007

Fortnight

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2005-2006

2006-2007

2006

2007

 

 

Mar. 31#

Feb. 16#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

 

2

3

4

5

6

7

8

9

10

11

12

13

 

 

27,29,535

31,42,000

32,062

1.0

2,47,282

10.6

4,12,465

15.1

3,61,729

16.3

5,62,052

21.8

M3

 

 

 

 

 

 

 

 

 

 

 

 

 

Components (i+ii+iii+iv)

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Currency with the Public

4,13,143

4,82,332

9,404

2.0

56,222

15.8

69,189

16.7

61,454

17.6

71,239

17.3

(ii)

Demand deposits with banks

4,05,224

4,33,709

10,235

2.4

33,919

10.6

28,485

7.0

81,152

29.6

78,427

22.1

(iii)

Time deposits with banks @

19,04,290

22,21,147

12,812

0.6

1,58,639

9.6

3,16,857

16.6

2,18,666

13.8

4,12,395

22.8

(iv)

"Other" deposits with

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve Bank

6,879

4,813

–389

–7.5

–1,498

–23.7

–2,066

–30.0

457

10.5

–8

–0.2

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

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Net Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

Government (a+b)

7,69,093

8,08,669

–95

30,675

4.1

39,577

5.1

20,399

2.7

29,288

3.8

 

(a) Reserve Bank

8,136

–32

–12,661

 

52,417

 

–8,168

 

26,792

 

–24,786

 

 

(b) Other Banks

7,60,956

8,08,701

12,566

1.6

–21,742

–2.8

47,745

6.3

–6,393

–0.8

54,074

7.2

(ii)

Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

commercial sector (a+b)

16,90,961

20,09,932

16,207

0.8

2,52,524

19.0

3,18,971

18.9

3,50,057

28.4

4,26,149

26.9

 

(a) Reserve Bank

1,387

1,441

–403

–21.9

352

25.3

54

3.9

352

25.3

–300

–17.2

 

(b) Other Banks

16,89,574

20,08,491

16,610

0.8

2,52,173

19.0

3,18,917

18.9

3,49,706

28.4

4,26,449

27.0

(iii)

Net foreign exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

assets of banking sector

7,26,194

8,79,140

39,112

4.7

17,337

2.7

1,52,946

21.1

49,432

8.0

2,13,901

32.2

(iv)

Government's currency

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities to the public

8,754

8,054

1,247

16.7

–700

–8.0

1,261

17.0

–642

–7.4

(v)

Banking sector's net

 

 

 

 

 

 

 

 

 

 

 

 

 

non-monetary liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

other than time deposits

4,65,466

5,63,795

23,162

4.3

54,501

13.5

98,328

21.1

59,420

14.9

1,06,644

23.3

 

of which :

 

 

 

 

 

 

 

 

 

 

 

 

 

Net non-monetary

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities of RBI

1,23,990

1,73,929

2,925

1.7

–49

49,939

40.3

–3,558

–2.8

50,764

41.2

@ : 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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