| (Per cent) | | Year | Reserve Money | Currency with the Public | Demand Deposits | Time Deposits | Narrow Money (M1) | Broad Money (M3) | Net RBI Credit to Central Government | Other Banks' Credit to Government | RBI Credit to Commercial Sector | Other Banks' Credit to Commercial Sector | Net Foreign Exchange Assets of Banking Sector | | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | | 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 | 16.0 | 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 | -17.1 | 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 | 15.7 | 42.0 | 18.6 | 27.2 | 21.1 | -122.2 | -2.3 | -0.2 | 32.4 | 11.9 | | 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 | -5467.1 | 22.7 | 16.3 | 21.1 | 41.8 | | 2008-09 | 6.4 | 17.1 | 1.8 | 23.5 | 9.0 | 19.3 | -153.9 | 20.0 | 672.8 | 16.4 | 4.4 | | 2009-10 | 17.0 | 15.3 | 22.0 | 16.4 | 18.2 | 16.9 | 242.6 | 19.9 | -90.4 | 16.3 | -5.2 | | 2010-11 | 19.1 | 18.8 | 0.7 | 18.3 | 10.0 | 16.1 | 86.2 | 8.9 | 63.0 | 21.3 | 8.7 | | 2011-12 | 3.5 | 12.3 | -1.7 | 16.1 | 6.0 | 13.5 | 35.6 | 15.8 | 83.0 | 17.8 | 10.8 | | 2012-13 | 6.2 | 11.5 | 6.0 | 15.0 | 9.2 | 13.6 | 10.5 | 15.3 | -22.8 | 13.6 | 6.0 | | 2013-14 | 14.4 | 9.2 | 7.8 | 14.9 | 8.5 | 13.4 | 18.1 | 10.7 | 189.0 | 13.6 | 17.6 | | 2014-15 | 11.3 | 11.3 | 9.8 | 10.7 | 11.3 | 10.9 | -48.2 | 12.6 | 68.0 | 9.3 | 17.0 | | 2015-16 | 13.1 | 15.2 | 11.0 | 9.2 | 13.5 | 10.1 | 17.6 | 6.5 | 35.3 | 10.6 | 12.6 | | 2016-17 | -12.9 | -20.8 | 18.4 | 10.2 | -3.9 | 6.9 | 45.9 | 16.7 | -63.7 | 4.4 | 1.1 | | 2017-18 | 27.3 | 39.2 | 6.2 | 5.8 | 21.8 | 9.2 | -23.5 | 9.0 | 92.4 | 9.5 | 14.2 | | 2018-19 | 14.5 | 16.6 | 9.6 | 9.6 | 13.6 | 10.5 | 68.8 | 1.7 | 9.5 | 12.7 | 5.1 | | 2019-20 | 9.4 | 14.5 | 6.8 | 8.1 | 11.2 | 8.9 | 23.6 | 10.6 | -14.3 | 6.3 | 23.8 | | 2020-21 | 18.8 | 17.1 | 14.8 | 10.9 | 16.2 | 12.2 | 10.8 | 19.7 | -33.9 | 5.8 | 20.5 | | 2021-22 | 13.0 | 10.3 | 10.9 | 8.1 | 10.7 | 8.8 | 32.2 | 5.8 | 90.3 | 9.2 | 6.0 | | 2022-23 | 7.8 | 7.9 | 4.9 | 9.8 | 6.9 | 9.0 | 0.1 | 13.7 | 60.2 | 14.3 | 1.2 | | 2023-24 | 5.6 | 4.1 | 11.5 | 13.1 | 7.3 | 11.6 | -18.2 | 12.2 | -45.7 | 19.3 | 12.9 | Notes : 1. Growth rates are based on March 31 outstanding amounts.
2. Data include the impact of mergers in the banking system on May 3, 2002, conversion of non-banking entity on October 11, 2004 and merger of a non-bank with a bank on July 1, 2023.
3. For 2016-17, the growth rates are calculated as March 31, 2017 over April 1, 2016 excluding for Reserve Money, Net RBI credit to central government and RBI credit to commercial sector.
Also see Notes on Tables | |