Click here to Visit the RBI’s new website

Weekly Statistical Supplement


PDF document (7 kb)
Date : Apr 07, 2001
7. Money Stock : Components and Sources
                       

(Rs. crore)


   

Outstanding as on

   

Variation over


           

Financial year so far

Year-on-year


   

2000

2001

Fortnight

1999-2000

 

2000-2001

 

2000

 

2001

 

Item

Mar. 31#

Mar. 9#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


M3

11,17,202

12,92,898

10,989

0.9

1,33,987*

13.7

1,75,696

15.7

1,56,607*

16.3

1,77,891

16.0

                 

(13.4)

   

(13.7)

 

Components (i+ii+iii+iv)

                       

(i)

Currency with the Public

1,88,705

2,13,688

5,605

2.7

26,996

16.0

24,983

13.2

22,735

13.1

17,748

9.1

(ii)

Demand deposits with banks

1,48,806

1,57,277

2,082

1.3

5,981

4.4

8,471

5.7

22,375

18.6

14,909

10.5

(iii)

Time deposits with banks@

7,76,581

9,19,135

3,438

0.4

1,02,325

15.2

1,42,554

18.4

1,11,799

16.9

1,44,919

18.7

                           

(iv)

"Other" deposits with Reserve Bank

3,109

2,797

-137

-4.7

-1,314

-34.6

-312

-10.0

-302

-10.8

315

12.7

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

                       
                           

(i)

Net Bank credit to Government sector (a+b)

4,41,754

5,07,768

6,425

1.3

58,270

15.1

66,015

14.9

56,713

14.6

62,822

14.1

 

(a) Reserve Bank

1,48,264

1,55,504

3,137

2.1

1,459

1.0

7,240

4.9

-2,057

-1.3

1,506

1.0

                           
 

(b) Other Banks

2,93,490

3,52,265

3,287

0.9

56,811

24.3

58,775

20.0

58,770

25.3

61,316

21.1

(ii)

Bank credit to commercial sector (a+b)

5,78,538

6,57,562

1,437

0.2

67,161

13.5

79,024

13.7

86,413

18.1

94,411

16.8

 

(a) Reserve Bank

15,270

11,948

577

5.1

-3,732

-30.5

-3,322

-21.8

-259

-3.0

3,454

40.7

 

(b) Other Banks

5,63,268

6,45,614

860

0.1

70,894

14.7

82,346

14.6

86,672

18.5

90,957

16.4

(iii)

Net foreign exchange assets of banking sector

2,05,648

2,42,815

1,161

0.5

17,787

10.0

37,167

18.1

25,108

14.7

47,174

24.1

                           

(iv)

Government's currency liabilities to the public

4,262

4,905

-

-

682

17.7

644

15.1

733

19.3

377

8.3

(v)

Banking sector's net non-monetary liabilities other

                       
 

than time deposits of which : Net non-monet ary liabilities

1,13,000

1,20,153

-1,966

-1.6

9,913

11.9

7,153

6.3

12,361

15.3

26,893

28.8

 

of R.B.I.

70,147

82,707

421

0.5

10,131

16.8

12,560

17.9

10,454

17.4

12,095

17.1


*:

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. @ : Includes Rs. 17,945 crore on account of proceeds from Resurgent India Bonds (RIBs), since August 28,1998 and Rs. 25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. Figures in parentheses are net of IMDs.


Top