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Weekly Statistical Supplement


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Date : Jun 22, 2007
Money Stock : Components and Sources

(Rs. crore)

 

Outstanding as on

Variation over

 

2007

Fortnight

Financial year so far

Year-on-year

Item

 

 

2006-2007

2007-2008

2006

2007

 

Mar. 31#

Jun. 8#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

33,10,212

33,77,624

52,376

1.6

62,702

2.3

67,412

2.0

4,36,758

18.5

5,85,375

21.0

Components (i+ii+iii+iv)

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Currency with the Public

4,83,413

5,06,380

2,268

0.4

28,554

6.9

22,966

4.8

60,813

16.0

64,707

14.7

(ii)

Demand deposits with banks

4,74,228

4,21,071

8,590

2.1

–37,893

–9.3

–53,157

–11.2

77,690

26.7

52,576

14.3

(iii)

Time deposits with banks @

23,45,083

24,35,311

32,043

1.3

72,508

3.8

90,228

3.8

2,96,236

17.6

4,59,634

23.3

(iv)

"Other" deposits with

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve Bank

7,487

14,862

9,476

–467

7,374

2,019

8,458

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

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Net Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

Government (a+b)

8,36,787

8,68,907

10,154

1.2

34,498

4.5

32,120

3.8

28,811

3.7

67,814

8.5

 

(a) Reserve Bank

4,362

12,657

6,354

 

2,608

 

8,296

 

11,514

 

1,913

 

 

(b) Other Banks

8,32,425

8,56,250

3,800

0.4

31,890

4.2

23,825

2.9

17,297

2.2

65,901

8.3

(ii)

Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

commercial sector (a+b)

21,23,362

20,93,942

9,762

0.5

44

–29,420

–1.4

3,62,558

27.2

4,00,894

23.7

 

(a) Reserve Bank

1,537

1,386

–151

–9.8

–3

–0.2

–1

–0.1

 

(b) Other Banks

21,21,825

20,92,556

9,762

0.5

44

–29,269

–1.4

3,62,561

27.3

4,00,895

23.7

(iii)

Net foreign exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

assets of banking sector

9,30,319

9,20,818

26,018

2.9

71,707

9.9

–9,502

–1.0

1,64,872

26.0

1,22,917

15.4

(iv)

Government's currency

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities to the public

8,229

8,229

–979

–11.2

280

3.7

454

5.8

(v)

Banking sector's net

 

 

 

 

 

 

 

 

 

 

 

 

 

non-monetary liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

other than time deposits

5,88,485

5,14,272

–6,443

–1.2

42,568

9.2

–74,213

–12.6

1,19,763

30.9

6,704

1.3

 

of which :

 

 

 

 

 

 

 

 

 

 

 

 

 

Net non-monetary

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities of RBI

1,78,967

1,31,523

6,323

5.1

48,768

39.3

–47,444

–26.5

66,908

63.2

–41,243

–23.9

@ : 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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