Click here to Visit the RBI’s new website

Weekly Statistical Supplement


download file (20 kb) or PDF document (10 kb)
Date : Oct 23, 2004
7. Money Stock : Components and Sources

(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2004

Fortnight

2003-2004

2004-2005

2003

2004

Item

Mar. 31#

Oct. 1#

Amount %

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

20,03,102

21,10,759

13,517

0.6

1,33,901

7.8

1,07,657

5.4

1,97,038

11.9

2,58,899

14.0

M3

Components (i+ii+iii+iv)

(i)

Currency with the Public

3,15,493

3,21,100

–4,895

–1.5

13,014

4.8

5,608

1.8

34,029

13.6

36,505

12.8

(ii)

Demand deposits with banks

2,56,039

2,57,392

9,642

3.9

26,757

13.5

1,353

0.5

39,125

21.0

31,878

14.1

(iii)

Time deposits with banks @

14,26,451

15,25,350

6,142

0.4

93,192

7.5

98,899

6.9

1,23,616

10.2

1,87,779

14.0

(iv)

"Other" deposits with Reserve Bank

5,119

6,917

2,629

61.3

938

28.9

1,798

35.1

267

6.8

2,736

65.5

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

(i)

Net Bank credit to Government (a+b)

7,45,499

7,39,933

–1,222

–0.2

45,341

6.7

–5,566

–0.7

85,638

13.5

18,069

2.5

(a) Reserve Bank

44,907

8,694

4,109

89.6

–44,249

–36.7

–36,213

–80.6

–47,683

–38.4

–67,737

–88.6

(b) Other Banks

7,00,591

7,31,239

–5,331

–0.7

89,590

16.1

30,647

4.4

1,33,321

26.0

85,806

13.3

(ii)

Bank credit to commercial sector (a+b)

10,17,902

11,18,616

16,591

1.5

39,497

4.4

1,00,714

9.9

94,570

11.2

1,80,139

19.2

(a) Reserve Bank

2,061

1,889

–58

–1.9

–172

–8.3

18

0.6

–1,101

–36.8

(b) Other Banks

10,15,841

11,16,727

16,591

1.5

39,555

4.4

1,00,886

9.9

94,552

11.2

1,81,240

19.4

(iii)

Net foreign exchange assets of banking sector

5,26,586

5,84,019

5,169

0.9

38,141

9.7

57,433

10.9

79,756

22.7

1,52,164

35.2

(iv)

Government's currency liabilities to the public

7,296

7,339

157

2.2

44

0.6

438

6.5

111

1.5

(v)

Banking sector's net non-monetary liabilities

other than time deposits

2,94,181

3,39,149

7,020

2.1

–10,765

–4.2

44,968

15.3

63,365

34.4

91,584

37.0

of which : Net non-monetary liabilities of RBI

1,07,585

1,34,094

5,027

3.9

–11,723

–9.2

26,510

24.6

3,894

3.5

18,676

16.2

@ :Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs),
since November 17, 2000. Data also reflect redemption ofResurgent IndiaBonds (RIBs) of Rs.22,693 crore, since October 1, 2003.



Top