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Weekly Statistical Supplement


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Date : May 25, 2007
Money Stock : Components and Sources

(Rs. crore)

 

 

Variation over

 

Outstanding as on

 

Financial year so far

Year-on-year

Item

2007

Fortnight

2006-2007

2007-2008

2006

2007

 

Mar. 31#

May 11#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

32,96,919

33,33,173

11,502

0.3

43,426

1.6

36,253

1.1

4,26,847

18.2

5,60,200

20.2

Components (i+ii+iii+iv)

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Currency with the Public

4,84,171

5,10,611

7,301

1.5

28,373

6.9

26,440

5.5

59,135

15.5

69,119

15.7

(ii)

Demand deposits with banks

4,68,216

4,12,173

–17,419

–4.1

–34,980

–8.6

–56,043

–12.0

81,852

28.3

40,766

11.0

(iii)

Time deposits with banks @

23,37,045

24,02,998

21,230

0.9

50,249

2.6

65,953

2.8

2,83,478

17.0

4,49,579

23.0

(iv)

"Other" deposits with

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve Bank

7,487

7,391

391

5.6

–217

–3.2

–96

–1.3

2,382

55.8

737

11.1

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

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Net Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

Government (a+b)

8,32,867

8,56,245

–8,693

–1.0

26,163

3.4

23,378

2.8

19,955

2.6

63,487

8.0

 

(a) Reserve Bank

4,362

6,348

–12,197

 

3,374

 

1,986

 

3,898

 

–5,162

 

 

(b) Other Banks

8,28,505

8,49,896

3,505

0.4

22,789

3.0

21,392

2.6

16,057

2.1

68,649

8.8

(ii)

Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

commercial sector (a+b)

21,23,290

20,91,251

1,943

0.1

–19,371

–1.1

–32,040

–1.5

3,55,179

26.9

4,17,618

25.0

 

(a) Reserve Bank

1,537

1,386

–151

–9.8

–3

–0.2

–1

–0.1

 

(b) Other Banks

21,21,753

20,89,865

1,943

0.1

–19,371

–1.1

–31,888

–1.5

3,55,181

27.0

4,17,619

25.0

(iii)

Net foreign exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

assets of banking sector

9,30,319

9,05,503

3,207

0.4

61,114

8.4

–24,817

–2.7

1,48,267

23.2

1,18,195

15.0

(iv)

Government's currency

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities to the public

8,229

8,229

–1,033

–11.8

286

3.8

508

6.6

(v)

Banking sector's net

 

 

 

 

 

 

 

 

 

 

 

 

 

non-monetary liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

other than time deposits

5,97,786

5,28,054

–15,045

–2.8

23,447

5.0

–69,732

–11.7

96,839

24.7

39,607

8.1

 

of which :

 

 

 

 

 

 

 

 

 

 

 

 

 

Net non-monetary

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities of RBI

1,78,967

1,40,435

–767

–0.5

40,605

32.7

–38,532

–21.5

51,361

45.4

–24,168

–14.7

@ : Data reflect redemption of India Millennium Deposits (IMDs) on December 29, 2005.
Note : Government Balances as on March 31, 2007 are before closure of accounts.


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