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8. Reserve Money : Components and Sources
81873790

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding

Variation over

   

as on

 

 

Item

   

Financial year so far


 
   

1999

Week

1998-99

1999-2000

Year


   

Mar. 31#

Aug. 27#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,59,371

2,54,038

-11,593

-4.4

-4,036

-1.8

-5,333

-2.1

-31,672

14.2

                       

Components (i+ii+iii)

                   
                       

(i)

Currency in circulation

1,75,846

1,82,969

-2,001

-1.1

4,491

3.0

7,123

4.1

27,422

17.6

                       
 

of which : cash with banks

6,464

4,184 *

               
                       

(ii)

Bankers' deposits with RBI

79,703

66,538

-9,568

-12.6

-9,681

-13.5

-13,165

-16.5

4,413

7.1

                       

(iii)

"Other" deposits with RBI

3,821

4,531

-24

 

1,154

 

709

 

-164

 
                       

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

                   
                       

(i)

Net RBI credit to Government

1,52,539

1,50,668

-3,148

-2.0

5,477

4.1

-1,871

-1.2

10,031

7.1

                       
 

of which : to Centre

1,45,416

1,48,562

-3,418

 

6,163

 

3,146

 

8,783

 
                       

(ii)

RBI credit to banks & comm. sector

25,487

18,583

-8,412

-31.2

-726

-4.7

-6,904

-27.1

4,027

27.7

                       
 

o/w : to banks (includes NABARD)

13,262

8,989

-5,011

 

-740

 

-4,272

 

2,633

 
                       

(iii)

Net foreign exchange assets of RBI

1,37,954

1,43,577

-862

-0.6

1,588

1.4

5,624

4.1

26,100

22.2

                       

(iv)

Govt.'s currency liabilities to the public

3,846

3,846

—

 

209

 

—

 

285

 
                       

(v)

Net non-monetary liabilities of RBI

60,455

62,636

-829

 

10,583

 

2,181

 

8,770

 

* Data relate to Scheduled Commercial Banks only.

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