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8. Reserve Money : Components and Sources
81861207

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding
as on

   

Variation over

     

 

Item

       

Financial year so far

     
   

1998

1999

Week

 

1997-98

 

1998-99

 

Year

 

   

Mar. 31#

Mar. 26#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


                       

Reserve Money

2,26,233

2,45,626

-10,482

-4.1

14,624

7.3

19,393

8.6

31,016

14.5

                       
                       

Components (i+ii+iii)

                   
                       

(i)

Currency in circulation

1,50,823

1,76,102

-1,493

-0.8

14,655

10.7

25,278

16.8

24,230

16.0

                       
 

of which : cash with banks

5,641

3,982 *

               
                       

(ii)

Bankers' deposits with RBI

71,806

65,358

-9,884

-13.1

-148

-0.2

-6,447

-9.0

5,932

10.0

                       

(iii)

"Other" deposits with RBI

3,604

4,166

895

 

117

 

562

 

855

 
                       

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

                   
                       

(i)

Net RBI credit to Government

1,35,160

1,49,952

-3,120

-2.0

3,204

2.6

14,792

10.9

22,567

17.7

                       
 

of which : to Centre

1,33,617

1,48,476

-1,889

 

5,231

 

14,860

 

22,543

 
                       

(ii)

RBI credit to banks & comm. sector

15,282

18,175

-9,041

-33.2

1,373

10.4

2,893

18.9

3,549

24.3

                       
 

o/w : to banks (includes NABARD)

7,096

9,690

-5,390

 

-394

 

2,594

 

3,079

 
                       

(iii)

Net foreign exchange assets of RBI

1,15,890

1,33,723

1,331

1.0

18,623

19.6

17,833

15.4

20,283

17.9

                       

(iv)

Govt.'s currency liabilities to the public

3,120

3,561

—

 

434

 

441

 

209

 
                       

(v)

Net non-monetary liabilities of RBI

43,219

59,785

-348

 

9,009

 

16,566

 

15,592

 

* Data relate to scheduled commercial banks only.

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