| 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-Mar-26 | 2023 | 2024 | 2024-25 | 2025-26 | 2022-23 | 2023-24 | 2024-25 | ||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | ||
| M3 | 30193459 | 338396 | 2335042 | 2919657 | 2333941 | 2906870 | 1958274 | 2487858 | 2346728 | ||
| (1.1) | (9.4) | (10.7) | (9.4) | (10.7) | (9.6) | (11.1) | (9.4) | ||||
| Components | |||||||||||
| Curency with the Public | 4052659 | 93298 | 201956 | 431815 | 210569 | 421908 | 240747 | 133839 | 220476 | ||
| (2.4) | (5.9) | (11.9) | (6.2) | (11.6) | (7.9) | (4.1) | (6.5) | ||||
| Aggregate Deposits | 26018920 | 242740 | 2107483 | 2476388 | 2107483 | 2476388 | 1698210 | 2337243 | 2107483 | ||
| (0.9) | (9.8) | (10.5) | (9.8) | (10.5) | (9.8) | (12.2) | (9.8) | ||||
| Demand Deposits | 3233109 | 63875 | 253135 | 393086 | 253135 | 393086 | 107607 | 266290 | 253135 | ||
| (2.0) | (9.8) | (13.8) | (9.8) | (13.8) | (4.9) | (11.5) | (9.8) | ||||
| Time Deposits | 22785811 | 178865 | 1854348 | 2083302 | 1854348 | 2083302 | 1590603 | 2070953 | 1854348 | ||
| (0.8) | (9.8) | (10.1) | (9.8) | (10.1) | (10.5) | (12.3) | (9.8) | ||||
| Other deposits with RBI | 121879 | 2357 | 25603 | 11454 | 15889 | 8573 | 19318 | 16774 | 18770 | ||
| (2.0) | (30.2) | (10.4) | (16.8) | (7.6) | (33.1) | (21.6) | (19.9) | ||||
| Sources of Change | |||||||||||
| Net Bank credit to Government | 9193522 | 147254 | 778837 | 1009932 | 580019 | 682697 | 779460 | 346482 | 907254 | ||
| (1.6) | (10.5) | (12.3) | (7.6) | (8.0) | (12.0) | (4.8) | (11.9) | ||||
| Reserve Bank of India | 1948536 | 76242 | 186475 | 767666 | -12343 | 440431 | 529 | -257913 | 314892 | ||
| (4.1 | (18.8 | (65.0 | (-1.0) | (29.2 | (0.0 | (-17.8) | (26.4 | ||||
| Other Banks | 6688983 | -484992 | 592362 | 242266 | 592362 | 242266 | 465192 | 362130 | 592362 | ||
| (-6.8) | (10.1) | (3.8) | (10.1) | (3.8) | (9.3) | (6.6) | (10.1) | ||||
| Bank Credit to Commercial Sector | 21607251 | 344017 | 1865409 | 2541545 | 1862874 | 2539122 | 2343803 | 2242509 | 1865297 | ||
| (1.6) | (10.8) | (13.3) | (10.8) | (13.3) | (18.6) | (15.0) | (10.8) | ||||
| Reserve Bank of India | 11105 | -438 | 23952 | -24718 | 21417 | -27141 | 9979 | -12143 | 23840 | ||
| (-3.8) | (201.8) | (-69.0) | (148.7) | (-71.0) | (60.2) | (-45.7) | (165.5) | ||||
| Other Banks | 21596146 | 344455 | 1841458 | 2566263 | 1841458 | 2566263 | 2333823 | 2254652 | 1841458 | ||
| (1.6) | (10.7) | (13.5) | (10.7) | (13.5) | (18.5) | (15.1) | (10.7) | ||||
| Net foreign exchange assets | 7071681 | -20298 | 565042 | 973597 | 530581 | 923154 | 57963 | 655478 | 581024 | ||
| of banking sector | (-0.3) | (10.2) | (16.0) | (9.5) | (15.0) | (1.2) | (13.3) | (10.4) | |||
| Govt's currency liabilities | 40688 | 316 | 3108 | 4382 | 3108 | 4056 | 3191 | 0 | 3434 | ||
| (0.8) | (9.4) | (12.1) | (9.4) | (11.1) | (10.6) | (0.0) | (10.3) | ||||
| Banking sectors net non- | 7719684 | 132893 | 877354 | 1609799 | 642407 | 1242159 | 1225222 | 759760 | 1010047 | ||
| monetary liabilities | (1.8) | (16.8) | (26.3) | (11.7) | (19.2) | (35.2) | (16.1) | (18.5) | |||
| Net non-monetary | 3112994 | 59842 | 384165 | 953896 | 368964 | 965568 | 279325 | 202309 | 357292 | ||
| liabilities of RBI | (2.0) | (21.6) | (44.2) | (20.6) | (45.0) | (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 45 vital statistics on the Indian economy. | |||||||||||
| These statistics can be accessed through our website http://www.epwrfits.in. | |||||||||||