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Weekly Statistical Supplement


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Date : Jul 27, 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#

Jul. 6#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M3

33,10,278

34,34,643

45,727

1.3

95,488

3.5

1,24,365

3.8

4,51,636

19.0

6,09,610

21.6

Components (i+ii+iii+iv)

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Currency with the Public

4,83,471

4,97,817

–3,406

–0.7

23,738

5.7

14,346

3.0

60,216

16.0

60,960

14.0

(ii)

Demand deposits with banks

4,74,228

4,46,188

14,259

3.3

–32,289

–7.9

–28,040

–5.9

78,547

26.6

72,089

19.3

(iii)

Time deposits with banks @

23,45,083

24,78,850

30,901

1.3

1,05,004

5.5

1,33,767

5.7

3,11,862

18.4

4,70,677

23.4

(iv)

"Other" deposits with

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve Bank

7,496

11,788

3,973

50.8

–964

–14.0

4,292

57.3

1,011

20.7

5,883

99.6

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

 

 

 

 

 

 

 

 

 

 

 

 

(i)

Net Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

Government (a+b)

8,38,177

9,13,087

55,934

6.5

42,120

5.5

74,910

8.9

37,748

4.9

1,04,372

12.9

 

(a) Reserve Bank

5,752

28,167

47,897

 

–10,328

 

22,415

 

3,068

 

30,358

 

 

(b) Other Banks

8,32,425

8,84,920

8,037

0.9

52,448

6.9

52,495

6.3

34,680

4.5

74,014

9.1

(ii)

Bank credit to

 

 

 

 

 

 

 

 

 

 

 

 

 

commercial sector (a+b)

21,23,362

21,15,497

17,198

0.8

35,357

2.1

–7,865

–0.4

3,71,050

27.3

3,87,136

22.4

 

(a) Reserve Bank

1,537

1,383

–3

–0.2

–3

–0.2

–154

–10.0

–3

–0.2

–1

–0.1

 

(b) Other Banks

21,21,825

21,14,114

17,201

0.8

35,360

2.1

–7,711

–0.4

3,71,053

27.4

3,87,137

22.4

(iii)

Net foreign exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

assets of banking sector

9,13,179

9,14,552

4,117

0.5

62,643

8.6

1,373

0.2

1,60,694

25.6

1,25,715

15.9

(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

5,16,951

31,523

6.5

43,712

9.4

–55,776

–9.7

1,17,857

30.2

8,237

1.6

 

of which :

 

 

 

 

 

 

 

 

 

 

 

 

 

Net non-monetary

 

 

 

 

 

 

 

 

 

 

 

 

 

liabilities of RBI

1,80,348

1,64,841

31,389

23.5

53,084

42.8

–15,507

–8.6

76,443

76.0

–12,243

–6.9

@ : 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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