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8. Reserve Money : Components and Sources
82011117

8. Reserve Money : Components and Sources

(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2004
Week

2003-2004

2004-2005

2003

2004

Item

Mar. 31#

Jun. 11#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

Reserve Money

4,36,429

4,34,580

7,818

1.8

17,323

4.7

–1,850

–0.4

41,317

12.0

48,195

12.5

Components (i+ii+iii)

(i)

Currency in circulation

3,27,023

3,46,788

872

0.3

23,179

8.2

19,765

6.0

34,277

12.6

41,136

13.5

(ii)

Bankers' deposits with RBI

1,04,365

84,443

7,196

9.3

–5,335

–6.4

–19,922

–19.1

6,690

9.4

6,431

8.2

(iii)

"Other" deposits with RBI

5,041

3,349

–250

–521

–1,692

350

628

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

(i)

Net RBI credit to Government

44,907

12,354

5,542

81.4

–1,376

–1.1

–32,554

–72.5

–47,687

–28.6

–1,06,950

–89.6

of which : to Centre

36,920

9,288

4,272

3,872

–27,631

–45,985

–1,07,568

(ii)

RBI credit to banks & comm. sector

7,481

4,174

259

6.6

–1,612

–15.8

–3,306

–44.2

–1,204

–12.3

–4,423

–51.4

o/w : to banks (includes NABARD)

5,419

2,253

268

–1,591

–3,166

–1,252

–3,316

(iii)

Net foreign exchange assets of RBI

4,84,413

5,32,436

–2,637

–0.5

26,684

7.4

48,023

9.9

1,07,848

38.9

1,47,508

38.3

(iv)

Govt.'s currency liabilities to the public

7,291

7,291

70

682

150

(v)

Net non-monetary liabilities of RBI

1,07,663

1,21,675

–4,654

6,443

14,012

18,322

–11,909

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


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