Document - Money Stock: Components and Sources () or PDF - Money Stock: Components and Sources ()
Date : Dec 19, 2025
Money Stock : Components and Sources
(₹ Crore)
Item Outstanding as on Variation over
2025 Fortnight Financial Year so far Year-on-Year
2024-25 2025-26 2024 2025
Mar. 31 Nov. 28 Amount % Amount % Amount % Amount % Amount %
1 2 3 4 5 6 7 8 9 10 11 12
M3 27286589 29136375 190504 0.7 1577530 6.3 1849786 6.8 2352025 9.7 2618985 9.9
1 Components (1.1.+1.2+1.3+1.4)                        
1.1 Currency with the Public 3630751 3771710 20120 0.5 33942 1.0 140959 3.9 194064 6.0 327493 9.5
1.2 Demand Deposits with Banks 2840023 3158227 21053 0.7 131748 5.1 318204 11.2 242885 9.8 439590 16.2
1.3 Time Deposits with Banks 20702508 22088545 145032 0.7 1403384 7.4 1386036 6.7 1887668 10.3 1837000 9.1
1.4 ‘Other’ Deposits with Reserve Bank 113307 117894 4298 3.8 8456 8.9 4587 4.0 27408 36.3 14901 14.5
2 Sources (2.1+2.2+2.3+2.4-2.5)                        
2.1 Net Bank Credit to Government 8510825 8849635 62223 0.7 483066 6.4 338810 4.0 582637 7.8 762998 9.4
2.1.1 Reserve Bank 1508105 1644157 10982   49133   136052   72658   401812  
2.1.2 Other Banks 7002720 7205478 51240 0.7 433933 6.8 202758 2.9 509978 8.1 361186 5.3
2.2 Bank Credit to Commercial Sector 19068129 20336288 158905 0.8 1088450 6.3 1268160 6.7 1721658 10.4 2045007 11.2
2.2.1 Reserve Bank 38246 11701 1471   -3943   -26544   5232   1238  
2.2.2 Other Banks 19029883 20324587 157434 0.8 1092393 6.4 1294704 6.8 1716425 10.4 2043769 11.2
2.3 Net Foreign Exchange Assets of Banking Sector 6148527 6544991 -10013 -0.2 204053 3.7 396463 6.4 526998 10.0 773434 13.4
2.4 Government's Currency Liabilities to the Public 36632 39231 0 0 1988 5.9 2599 7.1 3155 9.8 3812 10.8
2.5 Banking Sector's Net Non-Monetary Liabilities 6477524 6633770 20611 0.3 200026 3.7 156246 2.4 482423 9.3 966266 17.0
2.5.1 Net Non-Monetary Liabilities of RBI 2147427 2654752 48767 1.9 111312 6.2 507325 23.6 239583 14.4 753305 39.6
Note: Data include the impact of merger of a non-bank with a bank w.e.f. July 14, 2023.

Archives