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8. Reserve Money : Components and Sources
81862555

8. Reserve Money : Components and Sources

(Rs. crore)


 

Outstanding

Variation over

 

as on

               

Item

       

Financial year so far

     

 

1998

1999

Week

 

1997-98

 

1998-99

 

Year

 

 

Mar. 31#

Jan. 15#

Amount

%

Amount

%

Amount

%

Amount

%


1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,26,233

2,50,538

3,534

1.4

8,166

4.1

24,304

10.7

42,386

20.4

                     

Components (i+ii+iii)

                   
                     

(i) Currency in circulation

1,50,823

1,72,460

1,889

1.1

12,801

9.3

21,637

14.3

22,443

15.0

                     

of which : cash with banks

5,641

3,830 *

               
                     

(ii) Bankers' deposits with RBI

71,806

74,733

1,732

2.4

-5,333

-9.0

2,927

4.1

20,491

37.8

                     

(iii) "Other" deposits with RBI

3,604

3,344

-86

 

698

 

-260

 

-547

 
                     

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

                   
                     

(i) Net RBI credit to Gover nment

1,35,160

1,53,240

305

0.2

3,164

2.5

18,080

13.4

25,895

20.3

                     

of which : to Centre

1,33,617

1,51,310

945

 

5,367

 

17,693

 

25,240

 
                     

(ii) RBI credit to banks & comm. sector

15,282

25,815

1,697

7.0

2,138

16.1

10,533

68.9

10,425

67.7

                     

o/w : to banks (includes NABARD)

7,096

13,230

618

 

564

 

6,134

 

5,661

 
                     

(iii) Net foreign exchange assets of RBI

1,15,890

1,29,099

1,353

1.1

12,893

13.6

13,209

11.4

21,389

19.9

                     

(iv) Govt.'s currency liabilities to the public

3,120

3,561

—

 

311

 

441

 

332

 
                     

(v) Net non-monetary liabilities of RBI

43,219

61,177

-180

 

10,340

 

17,958

 

15,654

 

* Data relate to scheduled commercial banks’ only.

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