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Table 44 : Average Monetary Aggregates

(Rupees crore)

Year

Currency with the public

Demand deposits

Time deposits

‘Other’ deposits with the RBI

Reserve money(M0)

Narrow money(M1)

Broad money(M3)

Net bank credit to Govern- ment

Bank credit to comm ercial sector -

Net foreign exchange assets of the banking sector

Government’s currency liabilities to the public

Banking sector’s net non- monetary liabilities

1

2

3

4

5

6

7

8

9

10

11

12

13

1970-71

4143

2703

3423

57

4578

6903

10326

4969

5939

627

372

1580

1971-72

4560

3130

4073

50

5052

7740

11814

5973

6780

599

399

1938

1972-73

4948

3771

4968

59

5534

8778

13746

7237

7778

584

428

2281

1973-74

5823

4499

6111

41

6778

10363

16474

8607

9498

606

485

2722

1974-75

6292

5235

7140

51

7262

11578

18717

9429

11537

516

520

3284

1975-76

6521

5987

8491

55

7493

12562

21052

10488

13738

509

549

4232

1976-77

7284

7128

10752

73

8610

14485

25237

10786

17151

1678

557

4934

1977-78

8232

8201

13766

63

10237

16496

30263

12326

19595

3686

586

5930

1978-79

9416

5970

20905

143

12367

15529

36434

14263

23206

4897

605

6538

1979-80

10992

7222

25313

266

15202

18479

43792

17299

28161

5563

598

7828

1980-81

12364

8290

30075

237

17253

20891

50966

22529

32962

4903

606

10034

1981-82

13878

9889

35857

169

19658

23936

59793

28235

39846

3654

641

12583

1982-83

15531

10886

41952

146

21773

26563

68515

34234

46307

1997

673

14696

1983-84

18007

12296

50101

173

25129

30476

80577

38956

54872

1694

702

15647

1984-85

21340

14387

59239

329

30352

36056

95295

46365

65091

2161

749

19070

1985-86

23916

16674

70249

257

34264

40847

111096

55595

75038

3083

837

23456

1986-87

26858

19723

83817

254

40520

46836

130653

67024

86341

3798

1070

27580

1987-88

31301

22196

99393

318

49795

53814

153207

79805

98262

4535

1298

30693

1988-89

35682

25757

117849

399

58321

61838

179687

94528

114548

5410

1434

36233

1989-90

42369

31357

139631

499

69413

74225

213856

110020

137461

6216

1522

41363

1990-91

49772

36422

162276

1023

80243

87217

249493

131750

158790

7716

1592

50355

1991-92

57327

45299

188433

1345

94090

103970

292403

155834

175716

13490

1664

54285

1992-93

64450

51577

224188

4023

107740

120050

344238

170692

204164

20639

1768

53039

1993-94

76212

56841

262696

3300

125182

136353

399048

196982

226473

32274

1908

58365

1994-95

92282

73310

308996

3608

153165

169200

478196

215607

256410

69405

2126

65353

1995-96

112080

80278

354670

5925

178245

198283

552953

242199

309803

77699

2388

79136

1996-97

126712

89745

420868

5307

189524

221764

642631

278313

349493

91187

2759

79120

1997-98

142187

102244

503563

4035

208994

248465

752028

313098

391028

117494

3146

72740

1998-99

158854

117190

621656

3594

234625

279638

901294

369536

449640

154267

3616

75765

1999-00

184702

132348

735395

3580

262307

320630

1056025

424990

524136

185834

4244

83179

2000-01

201581

151826

867500

3186

282683

356592

1224092

483761

629705

219282

4987

113642

2001-02

227164

167505

1022324

3032

314052

397701

1420025

564639

710139

272789

5863

133406

2002-03

258675

183804

1202441

3056

343060

445535

1647976

641414

836014

358498

6781

194731

2003-04 P

294830

215868

1345857

3667

390736

514365

1860223

718705

933109

457786

7223

256600

2004-05 P

336273

258435

1529739

4726

444887

599434

2129173

755188

1137204

592452

7373

363045

P : Provisional.
Note : Data include the impact of mergers in the banking system since May 3, 2002 and conversion of a non-banking entity into a banking entity since October 11, 2004.

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