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8. Reserve Money : Components and Sources
81861422

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#

Feb. 12#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


Reserve Money

2,26,233

2,52,341

257

0.1

9,645

4.8

26,107

11.5

42,710

20.4

                       

Components (i+ii+iii)

                   
                       

(i)

Currency in circulation

1,50,823

1,75,641

1,590

0.9

15,042

11.0

24,817

16.5

23,382

15.4

                       
 

of which : cash with banks

5,641

3,958 *

               
                       

(ii)

Bankers' deposits with RBI

71,806

73,605

-1,287

-1.7

-5,168

-8.7

1,799

2.5

19,199

35.3

                       

(iii)

"Other" deposits with RBI

3,604

3,095

-47

 

-229

 

-509

 

130

 
                       

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

                   
                       

(i)

Net RBI credit to Government

1,35,160

1,57,068

914

0.6

3,554

2.9

21,908

16.2

29,333

23.0

                       
 

of which : to Centre

1,33,617

1,55,362

1,007

 

6,054

 

21,745

 

28,605

 
                       

(ii)

RBI credit to banks & comm. sector

15,282

22,188

-957

-4.1

1,024

7.7

6,906

45.2

7,912

55.4

                       
 

o/w : to banks (includes NABARD)

7,096

12,691

-703

 

-651

 

5,595

 

6,337

 
                       

(iii)

Net foreign exchange assets of RBI

1,15,890

1,30,232

733

0.6

11,631

12.3

14,341

12.4

23,784

22.3

                       

(iv)

Govt.'s currency liabilities to the public

3,120

3,561

—

 

312

 

441

 

331

 
                       

(v)

Net non-monetary liabilities of RBI

43,219

60,708

433

 

6,875

 

17,489

 

18,649

 

* Data relate to scheduled commercial banks’ only.

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