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8. Reserve Money : Components and Sources
81868379

8. Reserve Money : Components and Sources

             

(Rs. crore)


   

Outstanding

Variation over

   

as on

               

 

Item

       

Financial year so far


   
   

1999

Week

1998-99

1999-2000

Year


   

Mar. 31#

May 14#

Amount

%

Amount

%

Amount

%

Amount

%


 

1

2

3

4

5

6

7

8

9

10

11


                       

Reserve Money

2,59,220

2,66,242

-1,354

-0.5

7,148

3.2

7,022

2.7

32,692

14.0

                       

Components (i+ii+iii)

                   
                       

(i)

Currency in circulation

1,75,705

1,93,048

1,645

0.9

15,030

10.0

17,344

9.9

26,962

16.2

                       
 

of which : cash with banks

5,586

..

               
                       

(ii)

Bankers' deposits with RBI

79,703

70,147

-2,981

-4.1

-6,805

-9.5

-9,556

-12.0

5,146

7.9

                       

(iii)

"Other" deposits with RBI

3,812

3,047

-19

 

-1,077

 

-766

 

583

 
                       

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

                   
                       

(i)

Net RBI credit to Government *

1,50,132

1,54,399

-3,704

-2.3

13,434

9.9

4,267

2.8

5,805

3.9

 

of which : to Centre *

1,45,416

1,53,248

-4,532

 

14,666

 

7,831

 

4,965

 

(ii)

RBI credit to banks & comm. sector

25,487

27,180

566

2.1

-880

-5.8

1,692

6.6

12,778

88.7

                       
 

o/w : to banks (includes NABARD)

13,262

14,214

96

 

-1,068

 

952

 

8,185

 
                       

(iii)

Net foreign exchange assets of RBI

1,37,954

1,42,177

1,358

1.0

420

0.4

4,223

3.1

25,867

22.2

                       

(iv)

Govt.'s currency liabilities to the public

3,705

3,705

-

 

35

 

-

 

317

 
                       

(v)

Net non-monetary liabilities of RBI

58,058

61,218

-426

 

5,861

 

3,161

 

12,075

 

* Central Government balances as on March 31, 1999 are after closure of accounts.

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