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8. Reserve Money : Components and Sources
82561090

8. Reserve Money : Components and Sources

(Rs. crore)


   

Outstanding as on


Variation over


   

2003

Week

Financial year so far

Year-on-year


           

2002-2003

2003-2004

2002

2003

Item

Mar. 31#

Jul. 25#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


Reserve Money

3,69,061

3,79,491

3,427

0.9

3,744

1.1

10,429

2.8

35,440

11.6

37,777

11.1

                           

Components (i+ii+iii)

                       
                           

(i)

Currency in circulation

2,82,473

2,95,812

–3,798

–1.3

10,016

4.0

13,339

4.7

33,001

14.5

34,822

13.3

(ii)

Bankers' deposits with RBI

83,346

78,841

6,844

9.5

–7,200

–8.6

–4,505

–5.4

2,178

2.9

1,894

2.5

                           

(iii)

"Other" deposits with RBI

3,242

4,838

382

 

928

 

1,596

 

261

 

1,060

 
                           

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

                       
                           

(i)

Net RBI credit to Government

1,20,679

96,706

3,999

4.3

3,154

2.1

–23,973

–19.9

–6,223

–3.9

–58,625

–37.7

 

of which : to Centre

1,12,985

93,572

6,246

 

9,577

 

–19,413

 

–7,423

 

–57,389

 

(ii)

RBI credit to banks & comm. sector

10,208

7,425

–784

–9.5

–7,003

–42.0

–2,783

–27.3

–15,666

–61.8

–2,249

–23.2

                           
 

o/w : to banks (includes NABARD)

7,160

4,480

–803

 

–3,999

 

–2,680

 

–6,975

 

–2,270

 

(iii)

Net foreign exchange assets of RBI

3,58,244

3,91,984

3,140

0.8

27,402

10.4

33,740

9.4

85,458

41.5

1,00,613

34.5

(iv)

Govt.'s currency liabilities to the public

7,071

7,073

 

300

 

1

 

1,026

 

407

 
                           

(v)

Net non-monetary liabilities of RBI

1,27,141

1,23,697

2,928

 

20,109

 

–3,444

 

29,155

 

2,369

 

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

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