| Table 6.2: Money Stock: Components and Sources | (Rupees crore) | ||||||||||
| Outstanding | Variations | ||||||||||
| as on | Over the Month | Over the Year | Fiscal Year So Far | Full Financial Year | |||||||
| 15-Feb-26 | 2023 | 2024 | 2024-25 | 2025-26 | 2022-23 | 2023-24 | 2024-25 | ||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | ||
| M3 | 29855063 | 352158 | 2306441 | 2941722 | 1973481 | 2568474 | 1958274 | 2487857 | 2346729 | ||
| (1.2) | (9.4) | (10.9) | (7.9) | (9.4) | (9.6) | (11.1) | (9.4) | ||||
| Components | |||||||||||
| Curency with the Public | 3959361 | 69589 | 196199 | 401529 | 147557 | 328610 | 240747 | 133839 | 220476 | ||
| (1.8) | (5.8) | (11.3) | (4.3) | (9.1) | (7.9) | (4.1) | (6.5) | ||||
| Aggregate Deposits | 25776180 | 279626 | 2080748 | 2533984 | 1807148 | 2233649 | 1698210 | 2337242 | 2107483 | ||
| (1.1) | (9.8) | (10.9) | (8.4) | (9.5) | (9.8) | (12.2) | (9.8) | ||||
| Demand Deposits | 3169234 | 31269 | 154457 | 504259 | 78087 | 329211 | 107607 | 266290 | 253135 | ||
| (1.0) | (6.2) | (18.9) | (3.0) | (11.6) | (4.9) | (11.5) | (9.8) | ||||
| Time Deposits | 22606946 | 248357 | 1926291 | 2029725 | 1729061 | 1904438 | 1590603 | 2070952 | 1854348 | ||
| (1.1) | (10.3) | (9.9) | (9.2) | (9.2) | (10.5) | (12.3) | (9.8) | ||||
| Other deposits with RBI | 119522 | 2943 | 29494 | 6210 | 18776 | 6216 | 19318 | 16774 | 18770 | ||
| (2.5) | (35.2) | (5.5) | (19.9) | (5.5) | (33.1) | (21.6) | (19.9) | ||||
| Sources of Change | |||||||||||
| Net Bank credit to Government | 9046268 | 210679 | 835083 | 895718 | 546979 | 535443 | 779460 | 346482 | 907254 | ||
| (2.4) | (11.4) | (11.0) | (7.2) | (6.3) | (12.0) | (4.8) | (11.9) | ||||
| Reserve Bank of India | 1872294 | 164979 | 228394 | 678904 | 177 | 364188 | 529 | -257913 | 314893 | ||
| (9.7 | (23.7 | (56.9 | (0.0 | (24.1 | (0.0 | (-17.8) | (26.4 | ||||
| Other Banks | 6688983 | -439291 | 606689 | 216815 | 546802 | 171255 | 465192 | 433141 | 592362 | ||
| (-6.2) | (10.3) | (3.3) | (9.2) | (2.6) | (9.3) | (7.9) | (10.0) | ||||
| Bank Credit to Commercial Sector | 21263234 | 304424 | 1830609 | 2461648 | 1598755 | 2195106 | 2343803 | 2242508 | 1865297 | ||
| (1.5) | (10.8) | (13.1) | (9.3) | (11.5) | (18.6) | (15.0) | (10.8) | ||||
| Reserve Bank of India | 11543 | -5411 | 17472 | -17050 | 14187 | -26703 | 9979 | -12143 | 23840 | ||
| (-31.9) | (157.1) | (-59.6) | (98.5) | (-69.8) | (60.2) | (-45.7) | (165.5) | ||||
| Other Banks | 21251691 | 309835 | 1813137 | 2478698 | 1584568 | 2221808 | 2333823 | 2254652 | 1841458 | ||
| (1.5) | (10.7) | (13.2) | (9.2) | (11.7) | (18.5) | (15.1) | (10.7) | ||||
| Net foreign exchange assets | 7091979 | 442845 | 588865 | 1218492 | 305984 | 943452 | 57963 | 655478 | 581024 | ||
| of banking sector | (6.7) | (11.1) | (20.7) | (5.5) | (15.3) | (1.2) | (13.3) | (10.4) | |||
| Govt's currency liabilities | 40372 | 477 | 2819 | 4355 | 2819 | 3741 | 3191 | 0 | 3433 | ||
| (1.2) | (8.5) | (12.1) | (8.5) | (10.2) | (10.6) | (0.0) | (10.3) | ||||
| Banking sectors net non- | 7586791 | 606268 | 950936 | 1638492 | 480822 | 1109267 | 1225222 | 759759 | 1010047 | ||
| monetary liabilities | (8.7) | (19.0) | (27.5) | (8.8) | (17.1) | (35.2) | (16.1) | (18.5) | |||
| Net non-monetary | 3053152 | 213732 | 408887 | 944702 | 318316 | 905726 | 279325 | 202309 | 357292 | ||
| liabilities of RBI | (7.5) | (24.1) | (44.8) | (17.8) | (42.2) | (21.3) | (12.7) | (20.0) | |||
| Note: Figures within brackets represent variations in percentages | |||||||||||
| Our online database `EPWRF India Time Series’, covers as many as 44 vital statistics on the Indian economy. | |||||||||||
| These statistics can be accessed through our website http://www.epwrfits.in. | |||||||||||