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8. Reserve Money : Components and Sources
81858560

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding

   

Variation over

     
   

as on

               

 

Item

       

Financial year so far

     
   

1998

Week

1997-98

1998-99

Year


   

Mar. 31#

Dec. 11#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,26,233

2,46,412

5,004

2.1

9,989

5.0

20,179

8.9

36,438

17.4

                       

Components (i+ii+iii)

                   
                       

(i)

Currency in circulation

1,50,823

1,68,163

1,884

1.1

13,945

10.2

17,340

11.5

17,001

11.2

                       
 

of which : cash with banks

5,641

..

               
                       

(ii)

Bankers' deposits with RBI

71,806

74,777

3,185

4.4

-3,758

-6.3

2,972

4.1

18,961

34.0

                       

(iii)

"Other" deposits with RBI

3,604

3,471

-65

 

-198

 

-133

 

475

 
                       

Sources (i+ii+iii+iv-v)

                   
                       

(i)

Net RBI credit to Government

1,35,160

1,55,083

4,001

2.6

3,177

2.6

19,923

14.7

27,724

21.8

                       
 

of which : to Centre

1,33,617

1,53,730

3,881

 

5,609

 

20,113

 

27,419

 
                       

(ii)

RBI credit to banks & comm. sector

15,282

19,925

989

5.2

180

1.4

4,643

30.4

6,493

48.3

                       
 

o/w : to banks (includes NABARD)

7,096

11,597

980

 

-1,325

 

4,500

 

5,916

 
                       

(iii)

Net foreign exchange assets of RBI

1,15,890

1,26,853

1,018

0.8

13,466

14.2

10,963

9.5

18,570

17.1

                       

(iv)

Govt.'s currency liabilities to the public

3,120

3,522

—

 

283

 

402

 

321

 
                       

(v)

Net non-monetary liabilities of RBI

43,219

58,971

1,004

 

7,118

 

15,752

 

16,670

 

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