Reserve Money : Components and Sources

RbiAnnouncementWeb

Date: April 14, 2023

(₹ Crore)
Item	Outstanding as on		Variation over
	2023		Fortnight		Financial Year so far				Year-on-Year
	2023		Fortnight		2022-23		2023-24*		2022		2023
	Mar. 24	Apr. 7	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	1	2	3	4	5	6	7	8	9	10	11	12
Reserve Money	4313542	4352945	39403	0.9	-110168	-2.7	39403	0.9	450627	12.8	394226	10.0
1 Components (1.1+1.2+1.3)
1.1 Currency in Circulation	3380418	3416562	36144	1.1	42401	1.4	36144	1.1	291559	10.1	240445	7.6
1.2 Bankers' Deposits with RBI	867793	864970	-2823	-0.3	-151924	-17.3	-2823	-0.3	147559	25.6	140169	19.3
1.3 ‘Other’ Deposits with RBI	65330	71413	6083	9.3	-644	-1.1	6083	9.3	11508	24.9	13613	23.6
2 Sources (2.1+2.2+2.3+2.4-2.5)
2.1 Net RBI Credit to Government	1201651	1546810	345159		11166		345159		215720		85047
2.1.1 Net RBI Credit to Centre	1194069	1535346	341277		8649		341277		213891		77724
2.2 RBI Credit to Banks & Commercial Sector	87564	-216392	-303956		-147074		-303956		-82811		474383
2.2.1 RBI's Net Claims on Banks	67168	-236783	-303950		-144270		-303950		-87906		467759
2.3 Net Foreign Exchange Assets of RBI	4606680	4622329	15649	0.3	-13800	-0.3	15649	0.3	109741	2.5	193649	4.4
2.4 Government’s Currency Liabilities to the Public	30007	30007			0	0.0	0	0.0	1100	4.1	1994	7.1
2.5 Net Non-Monetary Liabilities of RBI	1612360	1629808	17448	1.1	-39540	-3.0	17448	1.1	-206877	-14.0	360847	28.4
* With respect to March 24, 2023.