Click here to Visit the RBI’s new website

Weekly Statistical Supplement


download file (20 kb) or PDF document (10 kb)
Date : Nov 06, 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. 15#

Amount %

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

20,03,102

21,23,514

12,754

0.6

1,35,836

7.9

1,20,411

6.0

1,94,870

11.7

2,69,718

14.5

M3

(21,19,945)

(9,185)

(0.4)

(1,16,842)

(5.8)

(2,66,149)

(14.4)

Components (i+ii+iii+iv)

(i)

Currency with the Public

3,15,493

3,30,044

8,943

2.8

18,133

6.7

14,551

4.6

33,032

12.9

40,329

13.9

(ii)

Demand deposits with banks

2,56,039

2,62,148

4,756

1.8

16,915

8.5

6,108

2.4

33,500

18.4

46,476

21.5

(iii)

Time deposits with banks @

14,26,451

15,24,775

–575

1,00,567

8.1

98,323

6.9

1,28,138

10.5

1,79,829

13.4

(15,21,206)

(–4,144)

(–0.3)

(94,754)

(6.6)

(1,76,260)

(13.1)

(iv)

"Other" deposits with Reserve Bank

5,119

6,547

–369

–5.3

221

6.8

1,428

27.9

201

6.2

3,084

89.1

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

(i)

Net Bank credit to Government (a+b)

7,45,499

7,55,114

15,181

2.1

42,146

6.2

9,615

1.3

78,556

12.3

36,445

5.1

(7,42,921)

(2,988)

(0.4)

(–2,578)

(–0.3)

(24,252)

(3.4)

(a) Reserve Bank

44,907

20,865

12,171

140.0

–58,055

–48.1

–24,042

–53.5

–57,929

–48.1

–41,759

–66.7

(b) Other Banks

7,00,591

7,34,249

3,010

0.4

1,00,201

18.0

33,657

4.8

1,36,486

26.3

78,204

11.9

(ii)

Bank credit to commercial sector (a+b)

10,17,902

11,53,509

34,893

3.1

35,147

3.9

1,35,607

13.3

95,930

11.4

2,19,381

23.5

(11,20,827)

(2,211)

(0.2)

(1,02,925)

(10.1)

(1,86,699)

(20.0)

(a) Reserve Bank

2,061

1,889

–120

–3.9

–172

–8.3

–178

–5.7

–1,039

–35.5

(b) Other Banks

10,15,841

11,51,620

34,893

3.1

35,267

3.9

1,35,779

13.4

96,108

11.5

2,20,420

23.7

(iii)

Net foreign exchange assets of banking sector

5,26,586

5,84,928

909

0.2

53,440

13.6

58,342

11.1

90,887

25.5

1,37,773

30.8

(iv)

Government's currency liabilities to the public

7,296

7,339

157

2.2

44

0.6

378

5.5

111

1.5

(v)

Banking sector's net non-monetary liabilities

other than time deposits

2,94,181

3,77,376

38,228

11.3

–4,945

–1.9

83,196

28.3

70,881

38.8

1,23,991

48.9

of which : Net non-monetary liabilities of RBI

1,07,585

1,35,685

1,590

1.2

–10,069

–7.9

28,100

26.1

5,638

5.1

18,612

15.9

@: Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs),since November 17, 2000.
Data also reflect redemption ofResurgent India Bonds (RIBs) of Rs.22,693 crore, since October 1, 2003.
Note : Figures in parentheses exclude the impact of conversion of a non-banking entity intobanking entity from October 11, 2004.



Top