Statement on Money Supply

(₹ billion)
Outstanding as on Variations over
Financial year so far Year-on-year
Item 2019 2019 Fortnight
2018-19 2019-20 July 6, 2018 July 5, 2019
Mar 31 Jul 05 Amount % Amount % Amount % Amount % Amount %
1 2 3 4 5 6 7 8 9 10 11 12 13
M3 154308.7 156023.6 1862.5 1.2 1769.4 1.3 1714.9 1.1 13091.2 10.2 14628.3 10.3

Components (i+ii+iii+iv)
i) Currency with the Public 20522.3 21099.5 -67.3 -0.3 1135.0 6.5 577.2 2.8 4066.0 27.7 2367.4 12.6

ii) Demand Deposits with Banks 16263.1 14282.0 249.2 1.8 -1859.0 -12.5 -1981.1 -12.2 979.3 8.2 1303.9 10.0
iii) Time Deposits with Banks 117205.9 120275.8 1611.1 1.4 2488.4 2.3 3069.9 2.6 7983.0 7.9 10834.8 9.9

iv) `Other ' Deposits with Reserve Bank 317.4 366.3 69.5 23.4 5.0 2.1 48.9 15.4 62.8 34.6 122.2 50.1
Sources (i+ii+iii+iv-v)
i) Net Bank Credit to Government Sector (a+b) 43877.9 48098.9 2207.8 4.8 4001.6 10.0 4221.1 9.6 2163.8 5.2 4083.3 9.3

a) Reserve Bank 8019.5 10629.5 1432.5 - 2508.7 - 2610.0 - 89.5 - 3361.1

b) Other Banks 35858.4 37469.5 775.3 2.1 1492.9 4.2 1611.1 4.5 2074.3 6.0 722.2 2.0

ii) Bank Credit to Commercial Sector (a+b) 103801.8 103074.1 490.6 0.5 333.7 0.4 -727.7 -0.7 10000.8 12.1 10603.3 11.5

a) Reserve Bank 153.6 75.0 -9.5 -46.7 -78.7 31.1 -18.6

b) Other Banks 103648.2 102999.2 500.0 0.5 380.3 0.4 -649.0 -0.6 9969.7 12.1 10621.9 11.5

iii) Net Foreign Exchange Assets of Banking Sector 30708.4 31567.6 -253.0 -0.8 -77.8 -0.3 859.2 2.8 3020.0 11.6 2422.4 8.3

iv) Government's Currency Liabilities to the Public 258.9 259.5 - - 0.5 0.2 0.7 0.3 3.9 1.5 2.5 1.0

v) Banking Sector's Net Non-Monetary Liabilities 24338.2 26976.6 582.9 2.2 2488.6 11.3 2638.3 10.8 2097.3 9.4 2483.3 10.1

of which : Net Non-Monetary Liabilities of R.B.I. 10588.0 10917.7 -242.1 -2.2 1171.5 12.9 329.7 3.1 1472.2 16.8 676.2 6.6

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.