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Date : Oct 01, 2007

Table 240 : Select Monetary Aggregates – Growth Rates

(Per cent)
Year	Reserve	Currency	Demand	Time	Narrow	Broad	Net RBI	Other	RBI	Other	Net foreign
	money	with the	deposits	deposits	money	money	credit to	banks’	credit to	banks’	exchange
		public					Central	credit to	commercial	credit to	assets of
	(M0)				(M1)	(M3)
							Govern ment	Govern ment	sector	commercial sector	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 P	18.3	16.0	30.1	14.7	22.2	16.7	-67.3	25.6	-32.4	13.2	33.7
2004-05 P	12.1	13.0	10.3	12.4	11.9	12.3	-163.0	11.0	-32.6	26.1	23.3
2005-06 P	17.2	16.4	26.5	15.3	21.1	17.0	-122.2	-2.3	-0.2	27.2	12.1
2006-07 P	23.7	17.0	16.7	23.2	16.8	21.3	-58.6	9.8	10.8	25.4	25.7
P : Provisional Note : 1. Growth rates are based on end-March outstanding amounts . 2. Data include the impact of mergers in the banking system on May 3, 2002 and conversion of non-banking entity on October 11, 2004. 3. 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.