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    PR1790S30012019 MS

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    Rahul Nikam
    The document provides data on money supply and its components in India for the fortnight ending January 18, 2019. It shows that M3 money supply increased by 10.4% year-on-year. Currency with the public increased by 19.6% driven by higher net bank credit to the government and commercial sectors which were the major sources of money supply growth. Banking sector's net non-monetary liabilities also increased significantly contributing to the expansion of money supply.

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    PR1790S30012019 MS

    Uploaded by

    Rahul Nikam
    30 views1 page
    The document provides data on money supply and its components in India for the fortnight ending January 18, 2019. It shows that M3 money supply increased by 10.4% year-on-year. Currency with the public increased by 19.6% driven by higher net bank credit to the government and commercial sectors which were the major sources of money supply growth. Banking sector's net non-monetary liabilities also increased significantly contributing to the expansion of money supply.

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    PR1790S30012019_MS.xlsx

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    The document provides data on money supply and its components in India for the fortnight ending January 18, 2019. It shows that M3 money supply increased by 10.4% year-on-year. Currency with the public increased by 19.6% driven by higher net bank credit to the government and commercial sectors which were the major sources of money supply growth. Banking sector's net non-monetary liabilities also increased significantly contributing to the expansion of money supply.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    30 views1 page

    PR1790S30012019 MS

    Uploaded by

    Rahul Nikam
    The document provides data on money supply and its components in India for the fortnight ending January 18, 2019. It shows that M3 money supply increased by 10.4% year-on-year. Currency with the public increased by 19.6% driven by higher net bank credit to the government and commercial sectors which were the major sources of money supply growth. Banking sector's net non-monetary liabilities also increased significantly contributing to the expansion of money supply.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 1

    Statement on Money Supply

    (₹ billion)
    Outstanding as on Variations over
    Financial year so far Year-on-year
    Item 2018 2019 Fortnight
    2017-18 2018-19 January 19, 2018 January 18, 2019
    Mar 31 Jan 18 Amount % Amount % Amount % Amount % Amount %
    1 2 3 4 5 6 7 8 9 10 11 12 13
    M3 139625.9 147591.9 -120.4 -0.1 5712.9 4.5 7966.1 5.7 12565.0 10.4 13959.6 10.4

    Components (i+ii+iii+iv)
    i) Currency with the Public 17597.1 19866.6 350.7 1.8 3966.2 31.4 2269.5 12.9 7472.6 81.8 3259.2 19.6

    ii) Demand Deposits with Banks 14837.1 13303.8 -167.6 -1.2 -1717.8 -12.3 -1533.3 -10.3 570.3 4.9 1054.3 8.6
    iii) Time Deposits with Banks 106952.6 114163.0 -304.2 -0.3 3415.7 3.4 7210.4 6.7 4417.4 4.4 9647.5 9.2

    iv) `Other ' Deposits with Reserve Bank 239.1 258.5 0.6 0.2 48.9 23.2 19.4 8.1 104.6 67.3 -1.4 -0.5
    Sources (i+ii+iii+iv-v)
    i) Net Bank Credit to Government Sector (a+b) 40014.0 44317.2 -351.1 -0.8 1727.7 4.5 4303.2 10.8 1099.8 2.8 4023.4 10.0

    a) Reserve Bank 4759.6 8640.6 -136.7 - -1606.5 - 3881.0 - 3210.8 - 4039.0


    b) Other Banks 35254.4 35676.6 -214.3 -0.6 3334.3 10.3 422.3 1.2 -2111.0 -5.6 -15.6 0.0

    ii) Bank Credit to Commercial Sector (a+b) 92137.2 99279.6 -56.2 -0.1 3064.3 3.6 7142.5 7.8 7795.6 9.8 12100.4 13.9

    a) Reserve Bank 140.3 82.5 4.4 -3.4 -57.8 20.2 13.0


    b) Other Banks 91996.9 99197.1 -60.6 -0.1 3067.7 3.7 7200.2 7.8 7775.4 9.8 12087.5 13.9

    iii) Net Foreign Exchange Assets of Banking Sector 29223.0 29479.2 519.2 1.8 2193.7 8.6 256.2 0.9 2261.2 8.9 1703.2 6.1

    iv) Government's Currency Liabilities to the Public 256.5 257.0 - - 5.4 2.1 0.5 0.2 8.1 3.3 0.8 0.3

    v) Banking Sector's Net Non-Monetary Liabilities 22004.8 25741.0 232.3 0.9 1278.1 6.2 3736.3 17.0 -1400.3 -6.0 3868.2 17.7

    of which : Net Non-Monetary Liabilities of R.B.I. 9069.9 11275.9 561.8 5.2 274.8 3.3 2206.0 24.3 -874.4 -9.2 2667.7 31.0

    Note : 1. Data are provisional.

    2. Since July 11, 2014, monetary data reflect the impact of revised accounting framework in respect of transactions related to repo/reverse repo, term repo/ reverse repo, overnight variable rate repo/ reverse repo and MSF.

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