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8. Reserve Money : Components and Sources
82039392

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

Dec. 17#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

Reserve Money

4,36,512

4,58,194

5,389

1.2

23,353

6.3

21,681

5.0

47,089

13.6

65,779

16.8

Components (i+ii+iii)

(i)

Currency in circulation

3,27,028

3,55,731

–1,533

–0.4

30,558

10.8

28,703

8.8

41,044

15.1

42,700

13.6

(ii)

Bankers' deposits with RBI

1,04,365

98,433

6,989

7.6

–7,137

–8.6

–5,932

–5.7

5,527

7.8

22,224

29.2

(iii)

"Other" deposits with RBI

5,119

4,029

–68

–1.7

–68

–2.1

–1,090

–21.3

517

19.5

855

26.9

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

(i)

Net RBI credit to Government

44,907

9,014

3,913

76.7

–66,971

–55.5

–35,894

–79.9

–61,083

–53.2

–44,695

–83.2

of which : to Centre

36,920

7,686

3,061

66.2

–67,497

–59.7

–29,233

–79.2

–61,454

–57.5

–37,801

–83.1

(ii)

RBI credit to banks & comm. sector

7,481

6,603

1,473

28.7

–4,768

–46.7

–878

–11.7

–3,683

–40.4

1,162

21.4

o/w : to banks (includes NABARD)

5,419

4,713

1,473

45.5

–3,811

–53.2

–706

–13.0

–2,660

–44.3

1,364

40.7

(iii)

Net foreign exchange assets of RBI

4,84,413

5,69,204

–3,146

–0.5

97,316

27.2

84,791

17.5

1,21,552

36.4

1,13,644

24.9

(iv)

Govt.'s currency liabilities to the public

7,296

7,339

191

2.7

44

0.6

356

5.1

77

1.1

(v)

Net non-monetary liabilities of RBI

1,07,585

1,33,966

–3,149

–2.3

2,416

1.9

26,381

24.5

10,053

8.4

4,409

3.4


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