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8. Reserve Money : Components and Sources
81857925

8. Reserve Money : Components and Sources

                      (Rs. crore)

      Outstanding Variation over
      as on
 
 
 
 
 
 
 
 
    Item         Financial year so far
   
      1998
Week
1997-98
1998-99
Year
      Mar. 31# Nov. 27# Amount % Amount % Amount % Amount %

    1 2 3 4 5 6 7 8 9 10 11

Reserve Money 2,26,233 2,39,930 -2,010 -0.8 7,649 3.8 13,696 6.1 32,296 15.6
                         
Components (i+ii+iii)                    
  (i) Currency in circulation 1,50,823 1,62,596 -1,468 -0.9 10,102 7.4 11,773 7.8 15,277 10.4
    of which : cash with                    
    banks 5,641 ..              
  (ii) Bankers' deposits with                    
    RBI 71,806 73,773 -444 -0.6 -2,358 -4.0 1,968 2.7 16,557 28.9
  (iii) "Other" deposits with                    
    RBI 3,604 3,560 -97   -95   -44   462  
Sources (i+ii+iii+iv-v)                    
                         
  (i) Net RBI credit to                    
    Government 1,35,160 1,47,844 -3,609 -2.4 -1,015 -0.8 12,684 9.4 24,678 20.0
    of which : to Centre 1,33,617 1,46,456 -3,590   1,471   12,840   24,283  
  (ii) RBI credit to banks &                    
    comm. sector 15,282 19,730 1,258 6.8 148 1.1 4,448 29.1 6,329 47.2
    o/w : to banks (includes                    
    NABARD) 7,096 11,428 1,258   -1,518   4,332   5,941  
  (iii) Net foreign exchange                    
    assets of RBI 1,15,890 1,25,594 278 0.2 12,811 13.5 9,704 8.4 17,966 16.7
  (iv) Govt.'s currency                    
    liabilities to the public 3,120 3,522 -   283   402   321  
  (v) Net non-monetary                    
    liabilities of RBI 43,219 56,760 -63   4,578   13,541   16,999  

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