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Weekly Statistical Supplement


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Date : Mar 30, 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#

Mar. 16#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

 

2

3

4

5

6

7

8

9

10

11

12

13

M3

 

27,29,535

32,06,298

18,522

0.6

2,94,616

12.6

4,76,763

17.5

3,79,175

16.9

5,79,016

22.0

Components (i+ii+iii+iv)

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Currency with
the Public

4,13,143

4,91,048

6,951

1.4

64,923

18.3

77,905

18.9

62,566

17.5

71,254

17.0

(ii)

Demand deposits with banks

4,05,224

4,16,170

–20,922

–4.8

40,807

12.7

10,946

2.7

79,274

28.0

54,000

14.9

(iii)

Time deposits
with banks @

19,04,290

22,94,224

32,711

1.4

1,89,458

11.5

3,89,934

20.5

2,36,968

14.8

4,54,653

24.7

(iv)

"Other" deposits with

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve Bank

6,879

4,856

–218

–4.3

–572

–9.0

–2,023

–29.4

367

6.8

–892

–15.5

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

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Net Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

Government (a+b)

7,69,093

8,19,632

184

26,220

3.5

50,539

6.6

29,388

3.9

44,705

5.8

 

(a) Reserve Bank

8,136

–3,378

16,423

 

52,498

 

–11,515

 

54,860

 

–28,214

 

 

(b) Other Banks

7,60,956

8,23,010

–16,239

–1.9

–26,278

–3.4

62,054

8.2

–25,472

–3.3

72,919

9.7

(ii)

Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

commercial sector (a+b)

16,90,961

20,64,749

20,876

1.0

3,00,067

22.5

3,73,788

22.1

3,52,615

27.6

4,33,424

26.6

 

(a) Reserve Bank

1,387

1,433

49

3.5

45

3.3

46

3.3

45

3.3

–1

–0.1

 

(b) Other Banks

16,89,574

20,63,316

20,827

1.0

3,00,022

22.6

3,73,742

22.1

3,52,569

27.6

4,33,425

26.6

(iii)

Net foreign exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

assets of banking sector

7,26,194

9,11,797

3,773

0.4

38,842

6.0

1,85,603

25.6

35,746

5.5

2,25,052

32.8

(iv)

Government's currency

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities to the public

8,754

8,054

1,247

16.7

–700

–8.0

1,247

16.7

–642

–7.4

(v)

Banking sector's net

 

 

 

 

 

 

 

 

 

 

 

 

 

non-monetary liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

other than time deposits

4,65,466

5,97,934

6,311

1.1

71,761

17.8

1,32,467

28.5

39,820

9.2

1,23,524

26.0

 

of which :

 

 

 

 

 

 

 

 

 

 

 

 

 

Net non-monetary

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities of RBI

1,23,990

1,84,915

4,492

2.5

5,959

4.8

60,924

49.1

–1,271

–1.0

55,742

43.2

@ : 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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