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Table 237 : Select Monetary Aggregates - Growth Rate

(Per cent)

Year

Reserve Money (M0)

Currency with
the Public

Demand Deposits

Time Deposits

Narrow Money (M1)

Broad Money (M3)

Net RBI Credit to Central Govern ment

Other Banks' Credit to Govern ment

RBI
Credit
to
Comm
ercial
Sector

Other
Banks' Credit
to Comm
ercial
Sector

Net Foreign Exchange Assets of Banking Sector

1

2

3

4

5

6

7

8

9

10

11

12

1971-72  

11.6

9.8

17.0

19.9

12.9

15.2

15.9

20.6

75.8

11.6

12.3

1972-73  

12.1

13.3

22.1

21.6

16.5

18.3

28.5

29.9

14.7

19.1

-5.8

1973-74  

20.6

16.2

14.8

20.9

15.5

17.4

11.6

8.7

110.5

20.4

13.7

1974-75  

4.6

0.4

15.1

17.9

6.9

10.9

8.7

16.1

18.4

17.9

-37.6

1975-76  

2.7

5.6

17.8

20.9

11.3

15.0

-4.4

28.7

10.7

23.3

126.8

1976-77  

25.5

17.4

22.7

28.4

20.3

23.6

12.9

9.1

22.3

20.7

169.3

1977-78  

11.7

9.6

-29.2

57.5

-10.2

18.4

-3.6

50.5

6.2

12.9

75.8

1978-79  

28.7

18.5

21.2

23.2

20.2

21.9

31.8

7.1

31.0

19.8

20.1

1979-80  

17.7

13.9

15.4

19.3

15.7

17.7

29.2

16.8

23.7

21.3

0.1

1980-81  

17.4

15.2

20.5

18.8

17.1

18.1

30.3

21.9

10.0

18.6

-11.5

1981-82  

7.9

7.8

7.4

16.9

6.5

12.5

21.0

9.9

20.2

18.5

-41.5

1982-83  

10.1

15.1

13.6

18.1

14.4

16.6

18.2

22.0

-5.8

18.9

-34.0

1983-84  

25.5

17.7

15.5

19.0

17.0

18.2

18.1

11.2

23.6

18.5

-10.0

1984-85  

21.5

15.7

23.3

18.6

19.5

19.0

23.5

15.6

15.6

16.9

90.4

1985-86  

8.4

10.5

12.6

19.5

10.5

16.0

19.4

22.8

10.9

16.9

23.5

1986-87  

17.4

13.3

21.8

19.7

16.8

18.6

18.6

31.0

11.2

14.5

24.4

1987-88  

19.4

18.2

7.8

17.3

13.7

16.0

14.5

23.1

11.7

13.5

17.8

1988-89  

17.7

14.2

12.9

19.9

14.1

17.8

12.6

16.3

45.8

18.0

19.9

1989-90  

23.2

20.8

23.0

18.3

21.4

19.4

23.7

17.9

14.9

18.8

0.3

1990-91  

13.1

14.6

14.7

15.4

14.6

15.1

20.5

18.1

-0.1

13.8

55.2

1991-92  

13.4

15.2

33.8

17.2

23.2

19.3

6.3

25.1

14.5

9.3

100.6

1992-93  

11.3

11.7

3.9

18.4

8.4

14.8

4.6

21.1

-14.3

18.4

15.2

1993-94  

25.2

20.5

21.1

16.8

21.5

18.4

0.3

34.5

3.6

8.1

123.4

1994-95  

22.1

22.3

33.7

19.6

27.5

22.4

2.2

15.6

2.3

23.7

44.7

1995-96  

14.9

17.5

5.7

14.6

11.7

13.6

20.1

12.8

4.0

18.1

3.9

1996-97  

2.8

11.7

13.0

18.5

12.0

16.2

1.6

20.5

-8.9

9.6

28.4

1997-98  

13.2

10.2

12.7

21.5

11.3

18.0

10.7

18.9

31.0

14.9

30.9

1998-99  

14.5

16.1

14.9

21.4

15.4

19.4

8.8

19.8

49.4

13.8

28.8

1999-00  

8.2

11.9

9.7

16.4

10.6

14.6

-3.8

25.2

24.9

18.1

15.6

2000-01  

8.1

10.8

11.1

19.4

11.0

16.8

4.8

22.2

-13.0

16.6

21.5

2001-02  

11.4

14.9

7.8

15.2

11.4

14.1

-3.5

22.1

-55.4

13.2

24.5

2002-03  

9.2

12.8

10.9

15.7

12.0

14.7

-20.1

27.1

-48.6

18.9

26.6

2003-04  

18.3

16.0

30.1

14.7

22.2

16.7

-67.3

25.6

-32.4

13.2

33.7

2004-05  

12.1

13.1

11.0

11.8

12.3

12.0

-163.0

10.4

-32.6

25.7

23.3

2005-06  

16.9

16.0

26.1

15.3

20.7

16.9

-122.2

-2.5

-0.2

27.3

12.1

2006-07  

23.9

17.2

17.2

23.7

17.1

21.7

-58.6

9.6

10.8

26.1

25.7

2007-08  

31.0

17.7

21.1

22.2

19.4

21.4

 

22.7

16.3

21.1

41.8

2008-09  

6.4

17.2

0.5

22.7

8.4

18.6

-153.9

20.0

 

16.4

4.4

Note : 1) Data from 2006-07 onwards are provisional.
2) Growth rates are based on end-march outstanding amounts. Growth rates for 2005-06 are worked out between April 1, 2005 and March 31, 2006 except for Reserve Money, net RBI credit to Central Government and RBI credit to commercial sector.
3) Data include the impact of mergers in the banking system on May 3, 2002 and conversion of non-banking entity on October 11, 2004.
Also see Notes on Tables.

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