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8. Reserve Money : Components and Sources
81979361

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding as on


Variation over


     

Week

Financial year so far


Year-on-year


   

2003


 
 

2002-2003


2003-2004


2002


 

2003


Item

Mar. 31#

Apr. 18#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


                           

Reserve Money

3,68,931

3,80,083

15,851

4.4

6,039

1.8

11,152

3.0

39,495

13.0

36,074

10.5

                           

Components (i+ii+iii)

                       
                           

(i)

Currency in circulation

2,82,312

2,94,674

3,298

1.1

10,018

4.0

12,363

4.4

32,284

14.1

33,682

12.9

(ii)

Bankers' deposits with RBI

83,346

82,318

12,642

18.1

–3,490

–4.1

–1,028

–1.2

8,003

11.0

1,661

2.1

(iii)

"Other" deposits with RBI

3,273

3,091

–89

 

–490

 

–182

 

–792

 

731

 
                           

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

                       
                           

(i)

Net RBI credit to Government

1,20,102

1,27,259

16,057

14.4

7,924

5.2

7,157

6.0

3,081

2.0

–32,843

–20.5

 

of which : to Centre

1,16,015

1,22,691

14,754

 

11,976

 

6,676

 

1,759

 

–30,669

 

(ii)

RBI credit to banks & comm. sector

10,208

9,449

–92

–1.0

77

0.5

–760

–7.4

–8,562

–33.8

–7,305

–43.6

 

o/w : to banks (includes NABARD)

7,160

6,447

–90

 

544

 

–713

 

–2,306

 

–4,845

 

(iii)

Net foreign exchange assets of RBI

3,58,244

3,60,383

1,255

0.3

5,177

2.0

2,139

0.6

68,911

34.4

91,237

33.9

(iv)

Govt.'s currency liabilities to the public

6,910

6,910

 

17

 

 

970

 

526

 

(v)

Net non-monetary liabilities of RBI

1,26,533

1,23,917

1,370

 

7,157

 

–2,615

 

24,905

 

15,541

 

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

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