Table 40 : Components of Money Stock

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Published on August 31, 2004

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Table 40 : Components of Money Stock

(Rupees crore)
Year		Currency in circulation	Cash with banks	Currency with the public (2-3)	‘Other’ deposits with the RBI	Bankers’ deposits with the RBI	Demand deposits	Time deposits	Reserve money (M₀) (2+5+6)	Narrow money (M₁) (4+5+7)	Broad money (M₃) (8+10)
1		2	3	4	5	6	7	8	9	10	11
1970-71		4557	186	4371	60	205	2943	3646	4822	7374	11020
1971-72		5006	205	4801	80	296	3442	4370	5382	8323	12693
1972-73		5680	242	5438	58	295	4204	5313	6033	9700	15013
1973-74		6595	274	6321	53	625	4826	6424	7273	11200	17624
1974-75		6701	354	6347	75	828	5553	7574	7604	11975	19549
1975-76		7053	348	6705	77	678	6543	9155	7808	13325	22480
1976-77		8288	415	7873	121	1389	8030	11757	9798	16024	27781
1977-78		9152	521	8631	70	1719	5687	18518	10941	14388	32906
1978-79		10835	604	10231	166	3081	6895	22820	14082	17292	40112
1979-80		12382	728	11654	391	3800	7955	27226	16573	20000	47226
1980-81		14307	881	13426	411	4734	9587	32350	19452	23424	55774
1981-82		15411	937	14474	168	5419	10295	37815	20998	24937	62752
1982-83		17639	980	16659	186	5285	11690	44649	23110	28535	73184
1983-84		20643	1040	19603	291	8060	13504	53127	28994	33398	86525
1984-85		23875	1203	22672	595	10746	16648	63018	35216	39915	102933
1985-86		26524	1465	25059	289	11352	18747	75299	38165	44095	119394
1986-87		29913	1531	28382	309	14586	22825	90116	44808	51516	141632
1987-88		35122	1563	33559	397	17970	24599	105720	53489	58555	164275
1988-89		40119	1790	38329	694	22145	27763	126707	62958	66786	193493
1989-90		48286	1986	46300	598	28707	34162	149890	77591	81060	230950
1990-91		55282	2234	53048	674	31823	39170	172936	87779	92892	265828
1991-92		63738	2640	61098	885	34882	52423	202643	99505	114406	317049
1992-93		71326	3053	68273	1313	38140	54480	239950	110779	124066	364016
1993-94		85396	3095	82301	2525	50751	65952	280306	138672	150778	431084
1994-95		104681	4000	100681	3383	61218	88193	335338	169283	192257	527596
1995-96		122569	4311	118258	3344	68544	93233	384356	194457	214835	599191
1996-97		137217	5130	132087	3194	59574	105334	455397	199985	240615	696012
1997-98		151056	5477	145579	3541	71806	118725	553488	226402	267844	821332
1998-99		175846	6902	168944	3736	79703	136388	671892	259286	309068	980960
1999-00		197061	7979	189082	3034	80460	149681	782378	280555	341796	1124174
2000-01		218205	8654	209550	3630	81477	166270	933771	303311	379450	1313220
2001-02		250974	10179	240794	2850	84147	179199	1075512	337970	422843	1498355
2002-03	P	282473	10892	271581	3242	83346	198757	1244379	369061	473581	1717960
								(1214708)			(1688289)
2003-04	P	327028	11535	315493	5119	104365	256039	1426451	436512	576651	2003102
P Provisional. Note : Data in parentheses exclude the impact of mergers since May 3, 2002. Also see Notes on Tables.