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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
  31-Mar-26 2025 2026 2024-25 2025-26 2022-23 2023-24 2024-25
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
M3 31466475 1168435 2356524 3622694 2903921 4179886 1958274 2487857 2346729
    (3.9) (9.2) (13.0) (11.6) (15.3) (9.6) (11.1) (9.4)
Components          
   Curency with the Public 4067578 81584 219290 417500 239801 436826 240747 133841 220475
    (2.0) (6.4) (11.4) (7.0) (12.0) (7.9) (4.1) (6.5)
   Aggregate Deposits 27256074 1061951 2120448 3165576 2655449 3713543 1698210 2337243 2107482
    (4.1) (9.7) (13.1) (12.4) (15.8) (9.8) (12.2) (9.8)
   Demand Deposits 3844896 474277 186627 918751 339256 1004873 107607 266291 253134
    (14.1) (6.8) (31.4) (13.1) (35.4) (4.9) (11.5) (9.8)
   Time Deposits 23411178 587674 1933821 2246825 2316193 2708670 1590603 2070952 1854348
    (2.6) (10.1) (10.6) (12.3) (13.1) (10.5) (12.3) (9.8)
   Other deposits with RBI 142824 24902 16787 39617 8671 29517 19318 16774 18771
    (21.1) (19.4) (38.4) (9.2) (26.1) (33.1) (21.6) (19.9)
Sources of Change          
   Net Bank credit to Government 9328437 147785 813863 779358 945508 817611 779460 346482 907255
    (1.6) (10.5) (9.1) (12.4) (9.6) (12.0) (4.8) (11.9)
   Reserve Bank of India 2038448 125263 303840 461058 384177 530343 529 -257913 314892
    (6.5 (23.9 (29.2 (32.2 (35.2 (0.0 (-17.8) (26.4
   Other Banks 6688983 -578484 510023 318300 561330 287269 465192 317128 592361
    (-8.0) (8.7) (5.0) (9.7) (4.5) (9.3) (5.8) (10.2)
   Bank Credit to Commercial Sector 22228134 639562 1864516 3017484 2007818 3160005 2343803 2242509 1865297
    (3.0) (10.7) (15.7) (11.7) (16.6) (18.6) (15.0) (10.8)
   Reserve Bank of India 28254 16661 10114 6716 7131 -9992 9979 -12142 23839
    (143.7) (88.5) (31.2) (49.5) (-26.1) (60.2) (-45.7) (165.5)
   Other Banks 22199880 622901 1854402 3010768 2000687 3169997 2333823 2254652 1841458
    (2.9) (10.7) (15.7) (11.6) (16.7) (18.5) (15.1) (10.7)
   Net foreign exchange assets 7044109 -96229 622863 844335 632271 895582 57963 655478 581024
   of banking sector   (-1.3) (11.2) (13.6) (11.4) (14.6) (1.2) (13.3) (10.4)
   Govt's currency liabilities 40815 278 3200 4183 3200 4183 3191 234 3200
    (0.7) (9.6) (11.4) (9.6) (11.4) (10.6) (0.7) (9.6)
   Banking sectors net non- 7175020 -477040 947917 1022666 684876 697496 1225222 759760 1010046
   monetary liabilities   (-6.2) (18.2) (16.6) (12.5) (10.8) (35.2) (16.1) (18.5)
   Net non-monetary 3059856 -62712 407473 854452 415270 912430 279325 202309 357292
   liabilities of RBI   (-2.0) (22.7) (38.7) (23.2) (42.5) (21.3) (12.7) (20.0)
Note: Figures within brackets represent variations in percentages
                   
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