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7. Sources of Money Stock (M3)
Date : Dec 11, 2019
(₹ Crore)
Sources Outstanding as on March 31/last reporting Fridays of the month/reporting Fridays
2018-19 2018 2019
Oct. 26 Sep. 27 Oct. 11 Oct. 25
1 2 3 4 5
1 Net Bank Credit to Government 4387788 4293037 4837135 4905540 4852157
1.1 RBI’s net credit to Government (1.1.1–1.1.2) 801951 651066 936889 998186 966959
1.1.1 Claims on Government 929686 688939 999374 998328 993464
1.1.1.1 Central Government 928166 687157 998915 993149 992794
1.1.1.2 State Governments 1520 1782 459 5179 670
1.1.2 Government deposits with RBI 127735 37873 62485 142 26505
1.1.2.1 Central Government 127693 37830 62443 100 26462
1.1.2.2 State Governments 42 43 42 42 43
1.2 Other Banks’ Credit to Government 3585837 3641971 3900246 3907354 3885198
2 Bank Credit to Commercial Sector 10380180 9623709 10378946 10403816 10457195
2.1 RBI’s credit to commercial sector 15363 9230 8103 7612 7680
2.2 Other banks’ credit to commercial sector 10364817 9614479 10370843 10396204 10449515
2.2.1 Bank credit by commercial banks 9769185 9033975 9766854 9789381 9840562
2.2.2 Bank credit by co-operative banks 585931 572074 592065 591795 592379
2.2.3 Investments by commercial and co-operative banks in other securities 9701 8429 11924 15028 16574
3 Net Foreign Exchange Assets of Banking Sector (3.1 + 3.2) 3070841 3003465 3259327 3322293 3338248
3.1 RBI’s net foreign exchange assets (3.1.1–3.1.2) 2848587 2871271 3048039 3111005 3126960
3.1.1 Gross foreign assets 2848800 2871485 3048248 3111214 3127169
3.1.2 Foreign liabilities 213 214 209 209 209
3.2 Other banks’ net foreign exchange assets 222254 132194 211288 211288 211288
4 Government’s Currency Liabilities to the Public 25887 25697 26024 26045 26045
5 Banking Sector’s Net Non-monetary Liabilities 2433823 2519529 2687264 2771156 2718283
5.1 Net non-monetary liabilities of RBI 1058795 1149256 1065938 1095838 1094490
5.2 Net non-monetary liabilities of other banks (residual) 1375028 1370273 1621326 1675318 1623793
M3 (1+2+3+4–5) 15430874 14426380 15814168 15886538 15955362
Note: 3.1: Include foreign currency denominated bonds issued by IIFC (UK).

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