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8. Reserve Money : Components and Sources
81990453

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#

Aug. 1#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


Reserve Money

3,69,061

3,65,262

–14,229

–3.7

–6,057

–1.8

–3,800

–1.0

31,284

10.4

33,348

10.0

Components (i+ii+iii)

                       
                           

(i)

Currency in circulation

2,82,473

2,93,960

–1,852

–0.6

9,113

3.6

11,487

4.1

30,122

13.1

33,873

13.0

(ii)

Bankers' deposits with RBI

83,346

65,924

–12,917

–16.4

–15,949

–19.0

–17,422

–20.9

1,058

1.6

–2,274

–3.3

(iii)

"Other" deposits with RBI

3,242

5,378

540

 

779

 

2,136

 

103

 

1,749

 
                           

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

                       
                           

(i)

Net RBI credit to Government

1,20,679

80,564

–16,143

–16.7

–7,996

–5.3

–40,116

–33.2

–20,202

–12.3

–63,619

–44.1

 

of which : to Centre

1,12,985

78,176

–15,396

 

–820

 

–34,809

 

–20,083

 

–62,388

 

(ii)

RBI credit to banks & comm. sector

10,208

5,791

–1,634

–22.0

–7,954

–47.7

–4,418

–43.3

–7,358

–45.8

–2,932

–33.6

 

o/w : to banks (includes NABARD)

7,160

2,834

–1,646

 

–4,941

 

–4,326

 

–1,943

 

–2,973

 

(iii)

Net foreign exchange assets of RBI

3,58,244

3,90,926

–1,058

–0.3

28,585

10.8

32,682

9.1

86,253

41.8

98,373

33.6

(iv)

Govt.'s currency liabilities to the public

7,071

7,073

 

300

 

1

 

1,026

 

407

 

(v)

Net non-monetary liabilities of RBI

1,27,141

1,19,092

–4,606

 

18,992

 

–8,050

 

28,435

 

–1,120

 

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

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