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Weekly Statistical Supplement


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Date : Oct 15, 2005
Money Stock : Components and Sources

 

           

(Rs. crore)

                           
   

Outstanding as on

       

Variation over

       
           

Financial year so far

   

Year-on-year

 
   

2005

Fortnight

               
           

2004-2005

2005-2006

2004

 

2005

Item

Mar. 31#

Sep. 30#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

 

2

3

4

5

6

7

8

9

10

11

12

13

   

22,53,938

24,69,332

46,035

1.9

1,08,791

5.4

2,15,394

9.6

2,69,186

14.6

3,54,865

16.8

M3

                         
   

(22,50,369)

(24,65,763)

               

(3,51,296)

(16.6)

Components (i+ii+iii+iv)

                       

(i)

Currency with the Public

3,55,768

3,63,925

–6,461

–1.7

6,420

2.0

8,157

2.3

36,746

12.9

42,534

13.2

(ii)

Demand deposits with banks

2,84,017

3,32,074

25,204

8.2

2,627

1.0

48,057

16.9

35,577

15.8

70,821

27.1

(iii)

Time deposits with banks @

16,07,675

17,68,119

27,039

1.6

97,824

6.9

1,60,444

10.0

1,94,004

14.6

2,43,336

16.0

   

(16,04,106)

(17,64,550)

               

(2,39,767)

(15.7)

(iv)

'Other' deposits with Reserve Bank

6,478

5,214

253

5.1

1,920

37.5

–1,264

–19.5

2,859

68.4

–1,825

–25.9

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

                       

(i)

Net Bank credit to Government (a+b)

7,57,906

7,54,547

–13,885

–1.8

4,098

0.6

–3,359

–0.4

29,127

4.1

7,545

1.0

   

(7,45,713)

(7,42,354)

               

(–4,648)

(–0.6)

 

(a) Reserve Bank

–17,975

–33,950

–7,644

 

–36,213

 

–15,975

 

–67,737

 

–42,644

 
 

(b) Other Banks

7,75,880

7,88,497

–6,240

–0.8

40,311

5.8

12,617

1.6

96,863

15.1

50,189

6.8

(ii)

Bank credit to commercial sector (a+b)

12,80,540

14,40,498

33,669

2.4

96,109

9.5

1,59,958

12.5

1,82,459

19.6

3,28,239

29.5

   

(12,47,858)

(14,07,816)

               

(2,95,557)

(26.6)

 

(a) Reserve Bank

1,389

1,387

–172

–8.3

–3

–0.2

–1,101

–36.8

–503

–26.6

 

(b) Other Banks

12,79,150

14,39,111

33,669

2.4

96,281

9.5

1,59,961

12.5

1,83,559

19.8

3,28,741

29.6

(iii)

Net foreign exchange assets of banking sector

6,49,255

6,60,700

–3,408

–0.5

53,039

10.1

11,445

1.8

1,47,770

34.2

81,075

14.0

(iv)

Government's currency liabilities to the public

7,448

7,521

46

0.6

73

1.0

113

1.6

180

2.4

(v)

Banking sector's net non-monetary liabilities

                       
 

other than time deposits

4,41,210

3,93,934

–29,658

–7.0

44,500

15.5

–47,276

–10.7

90,282

37.4

62,173

18.7

 

of which : Net non-monetary liabilities of RBI

1,19,776

1,06,373

–3,132

–2.9

26,387

24.5

–13,403

–11.2

18,554

16.1

–27,599

–20.6

@: 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 into banking entity from October 11, 2004.


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