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Weekly Statistical Supplement


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Date : Jul 13, 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#

Jun. 22#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

 

33,10,278

33,88,916

11,057

0.3

55,411

2.0

78,638

2.4

4,24,841

18.0

6,03,961

21.7

M3

 

 

 

 

 

 

 

 

 

 

 

 

Components (i+ii+iii+iv)

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Currency with the Public

4,83,471

5,01,223

–5,385

–1.1

23,797

5.8

17,752

3.7

61,553

16.4

64,307

14.7

(ii)

Demand deposits with banks

4,74,228

4,31,929

10,858

2.6

–42,399

–10.4

–42,300

–8.9

64,579

21.6

67,940

18.7

(iii)

Time deposits with banks @

23,45,083

24,47,949

12,638

0.5

75,626

4.0

1,02,866

4.4

2,97,910

17.7

4,69,153

23.7

(iv)

"Other" deposits with

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve Bank

7,496

7,815

–7,054

–47.4

–1,613

–23.5

319

4.3

798

17.9

2,560

48.7

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

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Net Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

Government (a+b)

8,38,177

8,57,153

–11,754

–1.4

23,431

3.1

18,976

2.3

23,921

3.1

67,127

8.5

 

(a) Reserve Bank

5,752

–19,731

–32,388

 

53

 

–25,483

 

16,889

 

–27,920

 

 

(b) Other Banks

8,32,425

8,76,884

20,634

2.4

23,378

3.1

44,459

5.3

7,032

0.9

95,047

12.2

(ii)

Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

commercial sector (a+b)

21,23,362

20,98,299

4,357

0.2

14,930

0.9

–25,063

–1.2

3,66,441

27.3

3,90,365

22.9

 

(a) Reserve Bank

1,537

1,386

–151

–9.8

–3

–0.2

–1

–0.1

 

(b) Other Banks

21,21,825

20,96,913

4,357

0.2

14,930

0.9

–24,912

–1.2

3,66,443

27.3

3,90,366

22.9

(iii)

Net foreign exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

assets of banking sector

9,13,179

9,10,435

6,757

0.7

58,087

8.0

–2,745

–0.3

1,48,404

23.3

1,26,154

16.1

(iv)

Government's currency

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities to the public

8,286

8,457

–920

–10.5

171

2.1

2

624

8.0

(v)

Banking sector's net

 

 

 

 

 

 

 

 

 

 

 

 

 

non-monetary liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

other than time deposits

5,72,727

4,85,428

–11,697

–2.4

40,117

8.6

–87,299

–15.2

1,13,926

29.1

–19,691

–3.9

 

of which :

 

 

 

 

 

 

 

 

 

 

 

 

 

Net non-monetary

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities of RBI

1,80,348

1,33,451

1,936

1.5

54,376

43.9

–46,897

–26.0

69,558

63.9

–44,926

–25.2

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


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