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8. Reserve Money : Components and Sources
82670381

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding as on

Variation over


   

2003

 

Week

Financial year so far

Year-on-year

           

2002-2003

2003-2004

2002

2003

Item

Mar. 31#

May 9#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


Reserve Money

3,68,931

3,76,234

–9,461

–2.5

7,619

2.3

7,303

2.0

27,591

8.7

30,644

8.9

                           

Components (i+ii+iii)

                       
                           

(i)

Currency in circulation

2,82,312

3,03,004

8,069

2.7

18,579

7.4

20,692

7.3

32,500

13.7

33,451

12.4

(ii)

Bankers' deposits with RBI

83,346

70,713

–17,069

–19.4

–10,483

–12.5

–12,633

–15.2

–4,257

–5.5

–2,951

–4.0

                           

(iii)

"Other" deposits with RBI

3,273

2,517

–460

 

–476

 

–756

 

–651

 

144

 
                           

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

                       
                           

(i)

Net RBI credit to Government

1,20,102

1,18,084

–11,374

–8.8

10,876

7.1

–2,018

–1.7

–8,970

–5.2

–44,970

–27.6

 

of which : to Centre

1,16,015

1,14,213

–12,451

 

16,209

 

–1,802

 

–11,324

 

–43,380

 

(ii)

RBI credit to banks & comm. sector

10,208

8,726

–323

–3.6

–1,917

–11.5

–1,482

–14.5

–9,934

–40.2

–6,034

–40.9

                           
 

o/w : to banks (includes NABARD)

7,160

5,731

–324

 

–533

 

–1,429

 

–2,931

 

–4,484

 

(iii)

Net foreign exchange assets of RBI

3,58,244

3,70,729

3,262

0.9

8,830

3.3

12,485

3.5

72,550

36.2

97,930

35.9

(iv)

Govt.'s currency liabilities to the public

6,910

6,910

 

17

 

 

970

 

526

 
                           

(v)

Net non-monetary liabilities of RBI

1,26,533

1,28,215

1,026

 

10,187

 

1,683

 

27,025

 

16,809

 

Government Balances as on March 31, 2003 are before closure of accounts.

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