Click here to Visit the RBI’s new website

Weekly Statistical Supplement


PDF document (10 kb)
Date : Apr 29, 2000
7. Money Stock : Components and Sources

(Rs. crore)


   

Outstanding as on

Variation over


   

2000

 

Financial year so far

Year-on-year


     

Fortnight

1999-2000

 

2000-2001

1999

 

2000

 

 

Item

 

Mar. 31#

Apr. 7#

Amount

%

Amount

 

%

Amount

%

Amount

%

Amount

%


 

1

 

2

3

4

5

6

 

7

8

9

10

11

12

13


                
   

11,11,707

11,46,360

30,942

2.8

10,780*

 

1.1

34,652

3.1

1,59,264*

19.2

1,56,947*

15.9

M 3

              
        

(1.1)

 

(3.2)

 

(17.0)

 

(16.2)

Components (i+ii+iii+iv)

              
                

(i)

Currency with the Public

 

1,89,319

1,93,860

867

0.4

6,915

 

4.1

4,541

2.4

24,193

15.9

17,975

10.2

(ii)

Demand deposits with banks

 

1,47,353

1,54,764

7,411

5.0

- 5,073

-

3.7

7,411

5.0

16,322

14.2

23,801

18.2

                

(iii) Time deposits with banks @

 

7,71,930

7,93,442

21,512

2.8

8,799

 

1.3

21,512

2.8

1,17,917

21.0

1,14,812

16.9

(iv) "Other" deposits with Reserve Bank

 

3,105

4,294

1,153

36.7

139

 

3.7

1,189

38.3

832

26.8

359

9.1

                

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

              

(i)

Net bank credit to Government sector (a+b)

4,42,136

4,52,587

15,646

3.6

12,240

 

3.2

10.451

2.4

63,769

19.0

53,511

13.4

 

(a) Reserve Bank

 

1,49,029

1,42,349

- 1,485

- 1.0

974

 

0.6

- 6,680

- 4.5

22,848

17.5

- 11,164

- 7.3

                
 

(b) Other Banks

 

2,93,107

3,10,238

17,131

5.8

11,267

 

4.8

17,131

5.8

40,922

20.0

64,675

26.3

(ii)

Bank credit to commercial sector (a+b)

 

5,75,921

5,84,481

14,071

2.5

- 2,696

-

0.5

8,560

1.5

57,707

13.3

92,382

18.8

                
 

(a) Reserve Bank

 

15,270

8,290

- 1,468

- 15.0

- 3,769

-30.8

- 6,979

- 45.7

290

3.6

-167

- 2.0

 

(b) Other Banks

 

5,60,651

5,76,191

15,540

2.8

1,073

 

0.2

15,540

2.8

57,417

13.5

92,548

19.1

                

(iii) Net foreign exchange assets of banking sector

1,94,433

1,95,045

2,881

1.5

1,259

 

0.7

612

0.3

39,377

28.4

17,008

9.6

(iv) Government's currency liabilities to the public

4,194

4,194

 

494

14.7

348

9.1

(v)

Banking sector's net non-monetary liabilities

             
                
 

other than time deposits

 

1,04,977

89,947

1,656

1.9

24

 

- 15,029

- 14.3

2,084

2.6

6,302

7.5

 

of which : Net non-monetary liabilities of R.B.I.

70,916

73,656

1,941

2.7

679

 

1.1

2,740

3.9

15,386

33.6

12,495

20.4


                

@ : Includes Rs. 17,945 crore on account of Resurgent India Bonds (RIBs), since August 28, 1998.
* : Revised in line with the new accounting standards and consistent with the methodology suggested by the Working Group on Money Supply: Analytics and Methodology of Compilation (June 1998). The revision is in respect of pension and provident funds with commercial banks which are classified as other demand and time liabilities and includes those banks which have reported such changes so far.
Note : Figures in brackets are percentage variation net of RIBs.


Top