TABLE 44 : SOURCES OF MONEY STOCK

(Rupees crore)
Other Banks'
Net RBI Net Bank Other Banks'
Net RBI Credit Investments RBI Credit to
Credit to Credit to Credit to
Year to State in Commercial
Central Government Commercial
Governments Government Sector
Government (2+3+4) Sector
Securities
1 2 3 4 5 6 7
1955-56 - - 398 1105 6 823
1960-61 - - 591 2489 9 1495
1961-62 - - 634 2691 12 1631
1962-63 - - 629 2893 15 1845
1963-64 - - 676 3135 26 2093
1964-65 - - 755 3342 40 2329
1965-66 - - 852 3809 47 2608
1966-67 - - 930 4008 74 3068
1967-68 - - 1010 4254 70 3493
1968-69 - - 1106 4697 74 3998
1969-70 3291 204 1256 4752 77 5330
1970-71 3667 333 1455 5455 132 6390
1971-72 4249 621 1755 6625 232 7131
1972-73 5461 235 2280 7976 266 8496
1973-74 6092 368 2479 8939 560 10231
1974-75 6620 501 2878 9999 663 12067
1975-76 6331 593 3705 10629 734 14880
1976-77 7147 615 4042 11804 898 17953
1977-78 6887 757 6083 13727 954 20268
1978-79 9077 339 6514 15930 1250 24282
1979-80 11727 678 7609 20014 1546 29465
1980-81 15278 1165 9275 25718 1700 34941
1981-82 18486 1954 10193 30633 2044 41418
1982-83 21853 970 12434 35257 1925 49237
1983-84 25802 1008 13832 40642 2380 58346
1984-85 31857 2493 15993 50343 2752 68201
1985-86 38047 631 19643 58321 3052 79751
1986-87 45138 1147 25735 72020 3394 91347
1987-88 51697 990 31683 84370 3790 103697
1988-89 58200 1415 36860 96475 5524 122358
1989-90 72013 1670 43468 117151 6349 145355
1990-91 86758 2090 51345 140193 6342 165427
1991-92 92266 1750 64247 158263 7260 180733
1992-93 96523 1926 77789 176238 6220 213915
1993-94 96783 2517 104618 203918 6445 231329
1994-95 98913 2565 120941 222419 6593 286131
1995-96 118768 2581 136429 257778 6855 337793
1996-97 120702 3479 164439 288620 6247 370060
1997-98 133617 1543 195437 330597 8186 425124
1998-99 145416 7123 234138 386677 12226 483764
1999-00 139829 8435 293115 441378 15270 571294
2000-01 146534 7343 358078 511955 13287 665932
2001-02 141384 10794 437387 589565 5929 753718
2002-03 112985 7695 555844 676523 3048 895932
2003-04 36920 7988 697996 742904 2061 1014089
2004-05 -23258 5283 770411 752436 1390 1274522
2005-06 5160 1439 752817 759416 1387 1687295
2006-07 2136 287 825204 827626 1537 2127325
2007-08 -114636 1427 1012727 899518 1788 2577201
2008-09 61761 -181 1215753 1277333 13820 3001073
2009-10 211581 5 1455511 1667096 1328 3491453
(Continued)
(Rupees crore)

Bank Credit to
Commercial
Sector (6+7)

8
829
1503
1643
1860
2119
2369
2656
3142
3564
4072
5407
6522
7363
8762
10791
12730
15614
18851
21222
25532
31011
36641
43462
51162
60726
70953
82803
94741
107487
127882
151704
171769
187993
220135
237774
292723
344648
376307
433310
495990
586564
 679218
759647
898981
1016151
1275912
1688681
2128862
2578990
3014893
3492781
(Continued)
 TABLE 44 : SOURCES OF MONEY STOCK (Concld.)
(Rupees

Net foreign Net non-

Net foreign Net foreign Exchange Government's Net non- Monetary
Exchange Exchange Assets of the Currency Monetary Liabilities
Assets of Assets of Banking Liabilities to Liabilities of other
Year the RBI other Banks Sector (9+10) Public of RBI Banks
1 9 10 11 12 13 14
1955-56 782 -17 764 189 88 116
1960-61 185 -7 178 206 250 162
1961-62 119 3 121 227 247 188
1962-63 91 -12 79 236 278 229
1963-64 122 -8 114 256 304 283
1964-65 94 0 95 275 340 243
1965-66 59 12 71 287 360 330
1966-67 125 24 149 310 434 358
1967-68 151 11 161 317 422 414
1968-69 302 24 326 341 590 540
1969-70 574 10 584 360 630 834
1970-71 530 21 551 384 866 1026
1971-72 608 11 619 412 1271 1054
1972-73 569 14 583 457 1435 1330
1973-74 661 2 663 502 1641 1630
1974-75 369 45 414 531 2061 2064
1975-76 924 15 939 556 2645 2612
1976-77 2599 -70 2529 568 3433 2538
1977-78 4532 -87 4445 593 3708 3373
1978-79 5431 -93 5338 603 3735 3557
1979-80 5388 -45 5343 592 4558 5176
1980-81 4775 -45 4730 618 5360 6574
1981-82 2706 62 2768 657 6522 8246
1982-83 1729 99 1828 682 6074 9671
1983-84 1624 22 1646 720 5311 11897
1984-85 2899 235 3134 778 8737 13537
1985-86 3741 131 3872 939 10707 15835
1986-87 4621 194 4815 1192 13444 17692
1987-88 5416 256 5672 1380 14225 20409
1988-89 6201 599 6800 1475 16936 22203
1989-90 6068 750 6818 1555 17536 28742
1990-91 7983 2598 10581 1621 27022 31314
1991-92 18838 2388 21226 1704 27415 24722
1992-93 22647 1796 24443 1824 28246 30378
1993-94 51422 3190 54612 1990 26037 41173
1994-95 74720 4312 79032 2379 29358 39601
1995-96 74092 8049 82141 2503 32297 55583
1996-97 94817 10679 105496 2918 35184 42146
1997-98 115890 22204 138095 3352 43282 40740
1998-99 137954 39900 177853 3846 60540 22865
1999-00 165880 39768 205648 4578 70222 43772
2000-01 197175 52645 249820 5354 79345 53781
2001-02 263969 47066 311035 6366 101220 67038
2002-03 358244 35471 393715 7071 127141 131188
2003-04 484413 42173 526586 7296 107585 179676
2004-05 612790 36465 649255 7448 119776 319598
2005-06 672983 53211 726194 7656 122463 339966
2006-07 866153 47026 913179 8161 177019 390742
2007-08 1236130 59001 1295131 9224 210221 554759
2008-09 1280116 72068 1352184 10054 387930 471723
2009-10 1231949 49520 1281469 11270 301615 551239
Note:   1. Data for 2009-10 are provisional.
2. Data include the impact of merger on May 3, 2002.
3. Excluding the impact of conversion of a non-banking entity into a banking entity on October 11, 2004, data on "Net Bank
to Government" and "Bank Credit to Commercial Sector" for the year 2004-05 worked out to Rupees 740243 crore and Rup
1243030 crore, respectively.
Also see Notes on Tables.
ncld.) Net
(Rupees crore) foreign Net non-
Net Net Exchang Monetary
Net non- foreign foreign e Assets Governm Net non- Liabilities
Monetary Exchang Exchang of the ent's Net non- Monetary of
Liabilities of RBI's Gross e Assets e Assets Banking Currency Monetary Liabilities Banking
Banking Claims on of the of other Sector Liabilities Liabilities of other Sector
Sector (13+14) Banks RBI Banks (9+10) to Public of RBI Banks (13+14)
15 16 9 10 11 12 13 14 15
204 782 -17 764 189 88 116 204
413 185 -7 178 206 250 162 413
435 119 3 121 227 247 188 435
507 91 -12 79 236 278 229 507
586 122 -8 114 256 304 283 586
583 94 0 95 275 340 243 583
689 59 12 71 287 360 330 689
792 125 24 149 310 434 358 792
836 151 11 161 317 422 414 836
1130 302 24 326 341 590 540 1130
1464 574 10 584 360 630 834 1464
1892 642 530 21 551 384 866 1026 1892
2325 531 608 11 619 412 1271 1054 2325
2765 480 569 14 583 457 1435 1330 2765
3271 731 661 2 663 502 1641 1630 3271
4125 981 369 45 414 531 2061 2064 4125
5257 1315 924 15 939 556 2645 2612 5257
5971 1404 2599 -70 2529 568 3433 2538 5971
7081 926 4532 -87 4445 593 3708 3373 7081
7292 1117 5431 -93 5338 603 3735 3557 7292
9734 1200 5388 -45 5343 592 4558 5176 9734
11934 1276 4775 -45 4730 618 5360 6574 11934
14768 1673 2706 62 2768 657 6522 8246 14768
15745 2025 1729 99 1828 682 6074 9671 15745
17208 2771 1624 22 1646 720 5311 11897 17208
22274 3174 2899 235 3134 778 8737 13537 22274
26542 2462 3741 131 3872 939 10707 15835 26542
31136 2760 4621 194 4815 1192 13444 17692 31136
34634 4441 5416 256 5672 1380 14225 20409 34634
39139 7079 6201 599 6800 1475 16936 22203 39139
46278 7472 6068 750 6818 1555 17536 28742 46278
58336 10007 7983 2598 10581 1621 27022 31314 58336
52137 5102 18838 2388 21226 1704 27415 24722 52137
58624 9885 22647 1796 24443 1824 28246 30378 58624
67210 5552 51422 3190 54612 1990 26037 41173 67210
68958 13470 74720 4312 79032 2379 29358 39601 68958
87880 21955 74092 8049 82141 2503 32297 55583 87880
77330 7005 94817 10679 105496 2918 35184 42146 77330
84022 7096 115890 22204 138095 3352 43282 40740 84022
83406 13262 137954 39900 177853 3846 60540 22865 83406
113994 16785 165880 39768 205648 4578 70222 43772 113994
 133126 12965 197175 52645 249820 5354 79345 53781 133126
168258 10748 263969 47066 311035 6366 101220 67038 168258
258330 7160 358244 35471 393715 7071 127141 131188 258330
287261 5419 484413 42173 526586 7296 107585 179676 287261
439374 5258 612790 36465 649255 7448 119776 319598 439374
462429 5795 672983 53211 726194 7656 122463 339966 462429
567761 7635 866153 47026 913179 8161 177019 390742 567761
764980 4590 1236130 59001 1295131 9224 210221 554759 764980
859652 10357 1280116 72068 1352184 10054 387930 471723 859652
852854 1169 1231949 49520 1281469 11270 301615 551239 852854

ctober 11, 2004, data on "Net Bank Credit

ut to Rupees 740243 crore and Rupees
 RBI's
Gross
Claims
on Banks
16

642
531
480
731
981
1315
1404
926
1117
1200
1276
1673
2025
2771
3174
2462
2760
4441
7079
7472
10007
5102
9885
5552
13470
21955
7005
7096
13262
16785
12965
10748
7160
5419
5258
5795
7635
4590
10357
1169
 TABLE 43 : COMPONENTS OF MONEY STOCK
(Rupees crore)
Year Currency Cash Currency 'Other' Bankers' Demand Time Reserve Narrow
in with with the Deposits Deposits Deposits Deposits Money Money
Circulatio Banks Public (2- with the with the (2+5+6) (4+5+7)
n 3) RBI RBI
1 2 3 4 5 6 7 8 9 10
1953-54 1330 41 1289 12 42 527 372 1385 1828
1954-55 1417 40 1377 7 48 571 424 1472 1955
1955-56 1614 43 1571 9 53 637 466 1676 2217
1956-57 1668 45 1623 8 58 711 527 1734 2342
1957-58 1720 46 1674 16 68 723 750 1804 2413
1958-59 1846 54 1792 15 68 719 950 1929 2526
1959-60 2001 70 1931 17 93 772 1163 2111 2720
1960-61 2154 56 2098 13 71 757 1095 2239 2869
1961-62 2256 54 2202 23 73 824 1198 2352 3049
1962-63 2439 60 2379 30 77 908 1243 2546 3317
1963-64 2670 64 2606 32 79 1115 1285 2781 3752
1964-65 2841 72 2769 22 99 1289 1418 2962 4080
1965-66 3112 78 3034 17 104 1478 1605 3233 4529
1966-67 3289 90 3199 41 134 1711 1867 3464 4951
1967-68 3468 92 3376 56 137 1918 2110 3662 5350
1968-69 3794 112 3682 81 194 2016 2527 4069 5779
1969-70 4160 165 3995 58 173 2483 3103 4390 6536
1970-71 4557 186 4371 60 205 2943 3646 4822 7374
1971-72 5006 205 4801 80 296 3442 4370 5382 8323
1972-73 5680 242 5438 58 295 4204 5313 6033 9700
1973-74 6595 274 6321 53 625 4826 6424 7273 11200
1974-75 6701 354 6347 75 828 5553 7574 7604 11975
1975-76 7053 348 6705 77 678 6543 9155 7808 13325
1976-77 8288 415 7873 121 1389 8030 11757 9798 16024
1977-78 9152 521 8631 70 1719 5687 18518 10941 14388
1978-79 10835 604 10231 166 3081 6895 22820 14082 17292
1979-80 12382 728 11654 391 3800 7955 27226 16573 20000
1980-81 14307 881 13426 411 4734 9587 32350 19452 23424
1981-82 15411 937 14474 168 5419 10295 37815 20998 24937
1982-83 17639 980 16659 186 5285 11690 44649 23110 28535
1983-84 20643 1040 19603 291 8060 13504 53127 28994 33398
1984-85 23875 1203 22672 595 10746 16648 63018 35216 39915
1985-86 26524 1465 25059 289 11352 18747 75299 38165 44095
1986-87 29913 1531 28382 309 14586 22825 90116 44808 51516
1987-88 35122 1563 33559 397 17970 24599 105720 53489 58555
1988-89 40119 1790 38329 694 22145 27763 126707 62958 66786
1989-90 48286 1986 46300 598 28707 34162 149890 77591 81060
1990-91 55282 2234 53048 674 31823 39170 172936 87779 92892
1991-92 63738 2640 61098 885 34882 52423 202643 99505 114406
1992-93 71326 3053 68273 1313 38140 54480 239950 110779 124066
1993-94 85396 3095 82301 2525 50751 65952 280306 138672 150778
1994-95 104681 4000 100681 3383 61218 88193 335338 169283 192257
1995-96 122569 4311 118258 3344 68544 93233 384356 194457 214835
1996-97 137217 5130 132087 3194 59574 105334 455397 199985 240615
1997-98 151056 5477 145579 3541 71806 118725 553488 226402 267844
1998-99 175846 6902 168944 3736 79703 136388 671892 259286 309068
1999-00 197061 7979 189082 3034 80460 149681 782378 280555 341796
2000-01 218205 8654 209550 3630 81477 166270 933771 303311 379450
2001-02 250974 10179 240794 2850 84147 179199 1075512 337970 422843
2002-03 282473 10892 271581 3242 83346 198757 1244379 369061 473581
2003-04 327028 12057 314971 5119 104365 258626 1426960 436512 578716
2004-05 368661 12347 356314 6478 113996 286998 1595887 489135 649790
2005-06 429578 17454 412124 6869 135511 407423 1893104 571958 826415
2006-07 504099 21244 482854 7496 197295 477604 2342113 708890 967955
2007-08 590801 22390 568410 9054 328447 578372 2862046 928302 1155837
2008-09 691153 25703 665450 5570 291275 588688 3535105 987998 1259707
2009-10 799549 31516 768033 3839 352299 722739 4105151 1155686 1494611
Note : 1. Data for 2009-10 are provisional.
(Rupees crore)
Broad
Money
(8+10)

11
2200
2379
2683
2869
3164
3476
3883
3964
4247
4560
5037
5498
6134
6817
7460
8306
9639
11020
12693
15013
17624
19549
22480
27781
32906
40112
47226
55774
62752
73184
86525
102933
119394
141632
164275
193493
230950
265828
317049
364016
431084
527596
599191
696012
821332
980960
1124174
1313220
1498355
1717960
2005676
2245677
2719519
3310068
4017883
4794812
5599762
 TABLE 228 : SELECT MONETARY AGGREGATES - GROWTH RATES
(P
Year Reserve Currency Demand Time Narrow Broad Net RBI Other RBI
Money with the Deposits Deposits Money Money Credit to Banks' Credit to
(M0) Public (M1) (M3) Central Credit to Commer­
Governm Govern­ cial
ent ment Sector

1 2 3 4 5 6 7 8 9 10
1972-73 12.1 13.3 22.1 21.6 16.5 18.3 28.5 29.9 14.7
1973-74 20.6 16.2 14.8 20.9 15.5 17.4 11.6 8.7 110.5
1974-75 4.6 0.4 15.1 17.9 6.9 10.9 8.7 16.1 18.4
1975-76 2.7 5.6 17.8 20.9 11.3 15.0 -4.4 28.7 10.7
1976-77 25.5 17.4 22.7 28.4 20.3 23.6 12.9 9.1 22.3
1977-78 11.7 9.6 -29.2 57.5 -10.2 18.4 -3.6 50.5 6.2
1978-79 28.7 18.5 21.2 23.2 20.2 21.9 31.8 7.1 31.0
1979-80 17.7 13.9 15.4 19.3 15.7 17.7 29.2 16.8 23.7
1980-81 17.4 15.2 20.5 18.8 17.1 18.1 30.3 21.9 10.0
1981-82 7.9 7.8 7.4 16.9 6.5 12.5 21.0 9.9 20.2
1982-83 10.1 15.1 13.6 18.1 14.4 16.6 18.2 22.0 -5.8
1983-84 25.5 17.7 15.5 19.0 17.0 18.2 18.1 11.2 23.6
1984-85 21.5 15.7 23.3 18.6 19.5 19.0 23.5 15.6 15.6
1985-86 8.4 10.5 12.6 19.5 10.5 16.0 19.4 22.8 10.9
1986-87 17.4 13.3 21.8 19.7 16.8 18.6 18.6 31.0 11.2
1987-88 19.4 18.2 7.8 17.3 13.7 16.0 14.5 23.1 11.7
1988-89 17.7 14.2 12.9 19.9 14.1 17.8 12.6 16.3 45.8
1989-90 23.2 20.8 23.0 18.3 21.4 19.4 23.7 17.9 14.9
1990-91 13.1 14.6 14.7 15.4 14.6 15.1 20.5 18.1 -0.1
1991-92 13.4 15.2 33.8 17.2 23.2 19.3 6.3 25.1 14.5
1992-93 11.3 11.7 3.9 18.4 8.4 14.8 4.6 21.1 -14.3
1993-94 25.2 20.5 21.1 16.8 21.5 18.4 0.3 34.5 3.6
1994-95 22.1 22.3 33.7 19.6 27.5 22.4 2.2 15.6 2.3
1995-96 14.9 17.5 5.7 14.6 11.7 13.6 20.1 12.8 4.0
1996-97 2.8 11.7 13.0 18.5 12.0 16.2 1.6 20.5 -8.9
1997-98 13.2 10.2 12.7 21.5 11.3 18.0 10.7 18.9 31.0
1998-99 14.5 16.1 14.9 21.4 15.4 19.4 8.8 19.8 49.4
1999-00 8.2 11.9 9.7 16.4 10.6 14.6 -3.8 25.2 24.9
2000-01 8.1 10.8 11.1 19.4 11.0 16.8 4.8 22.2 -13.0
2001-02 11.4 14.9 7.8 15.2 11.4 14.1 -3.5 22.1 -55.4
2002-03 9.2 12.8 10.9 15.7 12.0 14.7 -20.1 27.1 -48.6
2003-04 18.3 16.0 30.1 14.7 22.2 16.7 -67.3 25.6 -32.4
2004-05 12.1 13.1 11.0 11.8 12.3 12.0 -163.0 10.4 -32.6
2005-06 16.9 16.0 26.1 15.3 20.7 16.9 -122.2 -2.5 -0.2
2006-07 23.9 17.2 17.2 23.7 17.1 21.7 -58.6 9.6 10.8
2007-08 31.0 17.7 21.1 22.2 19.4 21.4 - 22.7 16.3
2008-09 6.4 17.1 1.8 23.5 9.0 19.3 -153.9 20.0 -
2009-10 17.0 15.4 22.8 16.1 18.6 16.8 242.6 19.7 -90.4
-: not applicable
Note :  1. Data for 2009-10 are provisional.
2. Growth rates are based on end-march outstanding amounts. Growth rates for 2005-06 are worked out between April 1, 2005
3. Data include the impact of mergers in the banking system on May 3, 2002 and conversion of non-banking entity on October
Also see Notes on Tables.
ES
(Per cent)
Other Net
Banks' Foreign
Credit to Exchang
Commer- e Assets
cial of
Sector Banking
Sector

11 12
19.1 -5.8
20.4 13.7
17.9 -37.6
23.3 126.8
20.7 169.3
12.9 75.8
19.8 20.1
21.3 0.1
18.6 -11.5
18.5 -41.5
18.9 -34.0
18.5 -10.0
16.9 90.4
16.9 23.5
14.5 24.4
13.5 17.8
18.0 19.9
18.8 0.3
13.8 55.2
9.3 100.6
18.4 15.2
8.1 123.4
23.7 44.7
18.1 3.9
9.6 28.4
14.9 30.9
13.8 28.8
18.1 15.6
16.6 21.5
13.2 24.5
18.9 26.6
13.2 33.7
25.7 23.3
27.3 12.1
26.1 25.7
21.1 41.8
16.4 4.4
16.3 -5.2

out between April 1, 2005 and

anking entity on October 11,