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8. Reserve Money : Components and Sources
82016453

8. Reserve Money : Components and Sources

(Rs. crore)

   

Outstanding as on

       

Variation over

       
      2004 Week  

Financial year so far

   

Year-on-year

 
           

2003-2004

2004-2005

2003

 

2004

Item

Mar. 31#

Apr. 16#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

 

2

3

4

5

6

7

8

9

10

11

12

13

Reserve Money

4,36,429

4,15,685

–5,869

–1.4

11,199

3.0

–20,744

–4.8

36,251

10.5

35,425

9.3

Components (i+ii+iii)

                       

(i)

Currency in circulation

3,27,023

3,39,597

5,111

1.5

12,398

4.4

12,573

3.8

33,879

13.0

44,726

15.2

(ii)

Bankers' deposits with RBI

1,04,365

72,340

–11,076

–13.3

–1,028

–1.2

–32,025

–30.7

1,661

2.1

–9,978

–12.1

(iii)

"Other" deposits with RBI

5,041

3,748

97

 

–171

 

–1,293

 

711

 

677

 

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

                       

(i)

Net RBI credit to Government

47,555

–1,647

–16,618

–111.0

6,580

5.5

–49,202

–103.5

–32,843

–20.5

–1,28,906

–101.3

 

of which : to Centre

43,806

–6,028

–16,650

 

9,706

 

–49,834

 

–30,669

 

–1,28,719

 

(ii)

RBI credit to banks & comm. sector

7,481

6,249

–133

–2.1

–760

–7.4

–1,231

–16.5

–7,305

–43.6

–3,200

–33.9

 

o/w : to banks (includes NABARD)

5,419

4,225

–117

 

–713

 

–1,194

 

–4,845

 

–2,223

 

(iii)

Net foreign exchange assets of RBI

4,84,413

5,10,219

9,759

1.9

2,139

0.6

25,806

5.3

91,237

33.9

1,49,837

41.6

(iv)

Govt.'s currency liabilities to the public

7,291

7,291

 

36

 

 

723

 

184

 

(v)

Net non-monetary liabilities of RBI

1,10,310

1,06,428

–1,124

 

–3,204

 

–3,882

 

15,561

 

–17,510

 

Note : Government Balances as on March 31, 2004 are before closure of accounts.


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